NYSE:CMRE - Costamare Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

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 As of 08/4/2021 01:00 AM ET

▼ -0.2 (-1.82%)

1 month | 3 months | 12 months

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Analyst Price Target for CMRE

^$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.

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 Description Skip Past Price Target Consensus Chart

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

Ratings as of

2/12/2020

0 strong buy ratings
1 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

5/12/2020

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

Ratings as of

8/10/2020

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

Ratings as of

11/8/2020

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

Ratings as of

2/6/2021

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

Ratings as of

5/7/2021

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

Ratings as of

7/6/2021

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

Ratings as of

8/5/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/17/2021	Citigroup	Boost Price Target	Buy	$12.50 ➝ $14.50	Medium
10/19/2020	Stifel Nicolaus	Boost Price Target	Buy	$8.00 ➝ $9.50	Low
9/28/2020	Citigroup	Upgrade	Sell ➝ Buy	$4.00 ➝ $6.50	High
7/21/2020	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$6.50 ➝ $8.00	High
11/1/2019	Citigroup	Downgrade	Neutral ➝ Sell	$6.50 ➝ $7.50	Medium
2/15/2019	Morgan Stanley	Set Price Target	Buy	$8.00	High
10/27/2018	Morgan Stanley	Set Price Target	Buy	$8.00	High
9/28/2018	Wells Fargo & Company	Downgrade	Outperform ➝ Market Perform	$7.00	High
7/31/2018	Wells Fargo & Company	Lower Price Target	Outperform ➝ Outperform	$8.50 ➝ $8.00	Low
7/11/2018	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$7.70 ➝ $9.00	Low
10/25/2017	Credit Suisse Group	Set Price Target	Hold	$7.00	N/A
10/12/2017	Stifel Nicolaus	Reiterated Rating	Hold	$7.00	N/A
7/14/2017	Stifel Nicolaus	Reiterated Rating	Hold	$7.00	Low
5/28/2017	Stifel Nicolaus	Set Price Target	Hold	$7.00	High
5/1/2017	Credit Suisse Group	Upgrade	Underperform ➝ Neutral	$8.00	High
2/13/2017	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$9.00	N/A
2/13/2017	Stifel Nicolaus	Upgrade	Sell ➝ Hold	$5.50	N/A
2/7/2017	Citigroup	Initiated Coverage	Neutral	$5.50	N/A
2/1/2017	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$7.00	N/A
1/30/2017	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$5.00	N/A
10/5/2016	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$12.00 ➝ $13.00	N/A
10/4/2016	Stifel Nicolaus	Downgrade	Hold ➝ Sell	$10.00 ➝ $5.00	N/A
10/3/2016	Barclays	Lower Price Target	Equal Weight	$11.00 ➝ $10.00	N/A

(Data available from 8/5/2016 forward)

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.

Today's Range

Now: $10.80

$10.74

$11.00

50 Day Range

MA: $11.28

$10.00

$12.32

52 Week Range

Now: $10.80

$4.65

$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?

Other companies that are similar to Costamare include ZIM Integrated Shipping Services, Atlas, Pacific Basin Shipping, Star Bulk Carriers, Euronav, Frontline, Danaos, DHT, Scorpio Tankers, SFL, Genco Shipping & Trading, TORM, Global Ship Lease, Dorian LPG and Navigator.

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.