Costamare: The Dry Bulk Sector, FCF Growth Make It Cheap [Seeking Alpha]
Costamare Inc. $0.0001 par value (CMRE)
Last costamare inc. $0.0001 par value earnings: 4/29 06:53 am
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US:NYSE Investor Relations:
ir.costamare.com
Company Research
Source: Seeking Alpha
The company has a significant amount of cash on hand and a strong liquidity position. Recent investments in the leasing platform and financing of new vessels could accelerate new sales growth. Costamare Inc. ( NYSE: CMRE ) appears to be celebrating recent investments in the dry bulk sector as EPS, and FCF growth momentum increases. Also, expenditures in the leasing platform, and funding of new vessels could also serve as net sales catalysts in the coming years. I did appreciate also that CMRE recently classified new vessels as held for sale, which may bring more cash in hand to refinance the balance sheet. Recent dividend growth, and the ongoing repurchase of shares at close to $9.5-$10 also appears beneficial. There are some risks from the total amount of debt, rate changes in the industry, or even the action of competitors. However, I do believe that the company is undervalued at the current stock price. Costamare Costamare is a company in the field of logistics, and partic
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High impacting Costamare Inc. $0.0001 par value news events
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CMRE
News
- Costamare Inc. (NYSE: CMRE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Costamare Inc. (NYSE: CMRE) had its price target raised by analysts at Stifel Nicolaus from $11.50 to $12.00. They now have a "hold" rating on the stock.MarketBeat
- Costamare Inc. (NYSE: CMRE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Should Value Investors Buy Costamare (CMRE) Stock? [Yahoo! Finance]Yahoo! Finance
- Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115 [Yahoo! Finance]Yahoo! Finance
CMRE
Earnings
- 2/7/24 - Beat
CMRE
Analyst Actions
- 4/19/24 - Stifel
CMRE
Sec Filings
- 4/11/24 - Form EFFECT
- 4/2/24 - Form 6-K
- 3/29/24 - Form 6-K
- CMRE's page on the SEC website