Costamare (NYSE:CMRE) Stock Rating Upgraded by Fearnley Fonds

Costamare (NYSE:CMRE) was upgraded by research analysts at Fearnley Fonds from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Several other research analysts have also recently issued reports on the company. Weiss Ratings cut Costamare from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, March 5th. Wall Street Zen downgraded Costamare from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

Costamare Stock Performance

CMRE opened at $16.61 on Thursday. The company has a market capitalization of $2.00 billion, a price-to-earnings ratio of 6.20 and a beta of 1.22. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.73 and a quick ratio of 1.70. Costamare has a 1-year low of $6.63 and a 1-year high of $18.06. The business has a 50 day moving average price of $16.96 and a two-hundred day moving average price of $15.67.

Costamare (NYSE:CMRE) last posted its quarterly earnings results on Wednesday, April 29th. The shipping company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.06. The company had revenue of $199.25 million for the quarter, compared to analysts’ expectations of $191.50 million. Costamare had a return on equity of 16.68% and a net margin of 39.93%.The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.63 earnings per share.

Hedge Funds Weigh In On Costamare

A number of institutional investors have recently bought and sold shares of CMRE. Millennium Management LLC purchased a new position in Costamare in the 1st quarter worth about $6,075,000. Goldman Sachs Group Inc. raised its stake in Costamare by 113.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,116,647 shares of the shipping company’s stock valued at $17,632,000 after purchasing an additional 593,734 shares during the period. Marshall Wace LLP raised its stake in Costamare by 527.7% during the 2nd quarter. Marshall Wace LLP now owns 703,932 shares of the shipping company’s stock valued at $6,413,000 after purchasing an additional 591,785 shares during the period. VestGen Advisors LLC acquired a new stake in Costamare during the 4th quarter valued at $5,455,000. Finally, Informed Momentum Co LLC acquired a new stake in Costamare during the 4th quarter valued at $3,682,000. Hedge funds and other institutional investors own 58.08% of the company’s stock.

Costamare News Roundup

Here are the key news stories impacting Costamare this week:

• Positive Sentiment: Company announced a dividend increase and a major fleet renewal program: Costamare said it boosted its dividend and ordered 16 newbuild vessels tied to long?term COSCO charters, supporting future contracted revenue visibility and fleet modernization. This is a material growth and cash?return signal for income investors. TipRanks Article
• Positive Sentiment: Management and press releases highlighted record adjusted net income and fleet renewal progress, which underpins stronger cash flow and justified the dividend hike — a bullish catalyst for yield?focused shareholders. MarketIsOpen Article
• Neutral Sentiment: Reported revenue growth (~+5.6% y/y to ~$199.3M) and strong margins (net margin ~33.2%, ROE ~15.5%) were published in the company’s Q1 release and slide deck — positive fundamentals but already partly priced in. Investors should review the slide deck and call for detail on charter coverage and timing. Press Release / Slide Deck
• Neutral Sentiment: Company published earnings materials and a prepared?remarks transcript and investors can listen to the conference call for color on earnings quality, charter backlog and capex/timing for the newbuilds. These disclosures reduce uncertainty but could also reveal downside risks. Seeking Alpha Transcript
• Negative Sentiment: Some coverage emphasized weaker profitability trends on a GAAP basis and suggested “contracted revenues” dynamics are changing the investment story — this commentary prompted caution that future earnings could be more volatile than recent adjusted results imply. Yahoo Finance Article
• Negative Sentiment: There are mixed headlines around EPS figures (some outlets report an adjusted beat, others a GAAP miss), which can create short?term volatility as traders sort out which metric matters for valuation; reconcile adjusted vs GAAP EPS in the press release and notes. GlobeNewswire Release

About Costamare

Costamare Inc is a leading owner and manager of containerships, specializing in the acquisition, chartering and operation of modern container vessels. The company secures employment for its fleet under a mix of long?term and short?term agreements, providing vital capacity to major shipping lines and leveraging fixed-rate charters to support cash flow stability.

Founded in 1974 and headquartered in Athens, Greece, Costamare has cultivated a disciplined approach to fleet renewal, often overseeing newbuild supervision and shipyard coordination to ensure vessels meet performance and environmental standards.