Costamare (CMRE) Expected to Post Quarterly Earnings on Tuesday

Costamare (NYSE:CMRE) is projected to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect Costamare to post earnings of $0.66 per share and revenue of $209.12 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:30 AM ET.

Costamare (NYSE:CMRE) last announced its earnings results on Monday, July 27th. The shipping company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The business had revenue of $196.24 million for the quarter, compared to analysts’ expectations of $193.16 million. Costamare had a return on equity of 15.11% and a net margin of 39.66%. On average, analysts expect Costamare to post $2.53 EPS for the current fiscal year and $2.35 EPS for the next fiscal year.

Costamare Trading Down 0.7%

Costamare stock opened at $13.93 on Tuesday. Costamare has a 52-week low of $11.45 and a 52-week high of $18.06. The company has a market cap of $1.68 billion, a P/E ratio of 5.29 and a beta of 1.07. The company has a quick ratio of 1.57, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. The business has a 50-day simple moving average of $14.97 and a two-hundred day simple moving average of $15.88.

Costamare Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Tuesday, October 20th will be issued a $0.1250 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.6%. Costamare’s dividend payout ratio (DPR) is presently 19.01%.

Insiders Place Their Bets

In related news, CFO Grigorios Zikos sold 59,840 shares of Costamare stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $15.34, for a total transaction of $917,945.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 23.20% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on CMRE shares. Zacks Research upgraded shares of Costamare to a “hold” rating in a research report on Tuesday, October 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Costamare in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Costamare Company Profile

Costamare Inc (NYSE: CMRE) is a global shipping company that owns and operates vessels used to transport containerized cargo and dry bulk commodities. Its containerships carry manufactured goods, consumer products and other cargo moved in standardized shipping containers, while its dry bulk vessels transport commodities such as grain, minerals and other bulk materials.

The company primarily generates revenue by chartering its vessels to international liner companies and other shipping customers under a range of charter arrangements.