NYSE:CMRE - Costamare Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.00
  • Forecasted Upside: 11.11 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$10.80
▼ -0.2 (-1.82%)

This chart shows the closing price for CMRE by one month, three months, or twelve months.

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Analyst Price Target for CMRE

Analyst Price Target is $12.00
▲ +11.11% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Costamare in the last 3 months. The average price target is $12.00, with a high forecast of $14.50 and a low forecast of $9.50. The average price target represents a 11.11% upside from the last price of $10.80.

This chart shows the closing price for CMRE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Costamare. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/12/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/12/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/10/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/8/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/7/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/5/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/17/2021CitigroupBoost Price TargetBuy$12.50 ➝ $14.50Medium
10/19/2020Stifel NicolausBoost Price TargetBuy$8.00 ➝ $9.50Low
9/28/2020CitigroupUpgradeSell ➝ Buy$4.00 ➝ $6.50High
7/21/2020Stifel NicolausUpgradeHold ➝ Buy$6.50 ➝ $8.00High
11/1/2019CitigroupDowngradeNeutral ➝ Sell$6.50 ➝ $7.50Medium
2/15/2019Morgan StanleySet Price TargetBuy$8.00High
10/27/2018Morgan StanleySet Price TargetBuy$8.00High
9/28/2018Wells Fargo & CompanyDowngradeOutperform ➝ Market Perform$7.00High
7/31/2018Wells Fargo & CompanyLower Price TargetOutperform ➝ Outperform$8.50 ➝ $8.00Low
7/11/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$7.70 ➝ $9.00Low
10/25/2017Credit Suisse GroupSet Price TargetHold$7.00N/A
10/12/2017Stifel NicolausReiterated RatingHold$7.00N/A
7/14/2017Stifel NicolausReiterated RatingHold$7.00Low
5/28/2017Stifel NicolausSet Price TargetHold$7.00High
5/1/2017Credit Suisse GroupUpgradeUnderperform ➝ Neutral$8.00High
2/13/2017Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$9.00N/A
2/13/2017Stifel NicolausUpgradeSell ➝ Hold$5.50N/A
2/7/2017CitigroupInitiated CoverageNeutral$5.50N/A
2/1/2017Morgan StanleyUpgradeEqual Weight ➝ Overweight$7.00N/A
1/30/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform$5.00N/A
10/5/2016JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$12.00 ➝ $13.00N/A
10/4/2016Stifel NicolausDowngradeHold ➝ Sell$10.00 ➝ $5.00N/A
10/3/2016BarclaysLower Price TargetEqual Weight$11.00 ➝ $10.00N/A
(Data available from 8/5/2016 forward)
Costamare logo
Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.
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Today's Range

Now: $10.80
Low: $10.74
High: $11.00

50 Day Range

MA: $11.28
Low: $10.00
High: $12.32

52 Week Range

Now: $10.80
Low: $4.65
High: $12.68

Volume

260,039 shs

Average Volume

743,870 shs

Market Capitalization

$1.32 billion

P/E Ratio

7.40

Dividend Yield

4.18%

Beta

1.66

Frequently Asked Questions

What sell-side analysts currently cover shares of Costamare?

The following equities research analysts have issued research reports on Costamare in the last twelve months: Citigroup Inc., Stifel Nicolaus, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for CMRE.

What is the current price target for Costamare?

2 Wall Street analysts have set twelve-month price targets for Costamare in the last year. Their average twelve-month price target is $12.00, suggesting a possible upside of 11.1%. Citigroup Inc. has the highest price target set, predicting CMRE will reach $14.50 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $9.50 for Costamare in the next year.
View the latest price targets for CMRE.

What is the current consensus analyst rating for Costamare?

Costamare currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CMRE will outperform the market and that investors should add to their positions of Costamare.
View the latest ratings for CMRE.

What other companies compete with Costamare?

How do I contact Costamare's investor relations team?

Costamare's physical mailing address is 7 RUE DU GABIAN, MONACO O9, MC98000. The shipping company's listed phone number is (779) 798-3090 and its investor relations email address is [email protected] The official website for Costamare is www.costamare.com.