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Are Investors Undervaluing Costamare (CMRE) Right Now?
Zacks Investment Research· 2024-01-30 15:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and ...
Costamare(CMRE) - 2023 Q3 - Quarterly Report
2023-11-12 16:00
Exhibit 99.1 | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------|------------------------------------| | ASSETS \nCURRENT ASSETS: | December 31, 2022 (Audited) | September 30, 2023 (Unaudited) | | Cash and cash equivalents (Note 1) | $ 718,049 | $ 726,011 | | Restricted cash (Note 1) Margin deposits (Note 22(d)) | 9,768 - | 10,429 38,651 | | Accounts receivable, ...
Costamare(CMRE) - 2023 Q3 - Earnings Call Transcript
2023-11-01 16:50
Costamare Inc. (NYSE:CMRE) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Omar Nokta - Jefferies Ben Nolan - Stifel Climent Molins - Value Investors Edge Operator Thank you for standing by ladies and gentlemen and welcome to the Costamare Inc. Conference Call on the Third Quarter 2023 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. ...
Costamare(CMRE) - 2023 Q2 - Earnings Call Transcript
2023-07-28 15:02
Costamare Inc. (NYSE:CMRE) Q2 2023 Earnings Call Transcript July 28, 2023 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Operator Thank you for standing by ladies and gentlemen and welcome to the Costamare Inc. Conference Call on the Second Quarter 2023 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. At this time, all participants are in a listen-only mode. There will be a presentation ...
Costamare(CMRE) - 2023 Q2 - Quarterly Report
2023-06-22 16:00
Exhibit 99.1 1 2022 ANNUAL REPORT 0 0 E C t BERNIS First t ..... E 0 TABLE OF CONTENTS | Company History | 2 | | --- | --- | | Long-Term Performance | 4 | | Letter from the CEO | 5 | | Corporate Profile | 6 | | Investment Highlights | 7 | | Fleet Profile | 8 | | 2022 Review | 10 | | Financial Highlights | 11 | | Container Trade Highway | 13 | | Seaborne Dry Bulk Trade | 14 | | Corporate Directory | 15 | 2 COMPANY OVER HISTORY After 20 years of sailing experience on merchant ships, Capt. Vasileios Konstantak ...
Costamare(CMRE) - 2023 Q1 - Quarterly Report
2023-05-25 16:00
During the three-month period ended March 31, 2023, the Company terminated the interest rate cap related to the loan discussed in note 11.A.5 and received the amount of $1,616, which is included in Gain on derivative instruments, net in the accompanying 2023 statement of income. Additionally, the Company terminated three interest rate swaps relating to the loan discussed in note 11.A.6 and received the amount of $7,597 in aggregate, which is included in Gain on derivative instruments, net in the accompanyin ...
Costamare(CMRE) - 2023 Q1 - Earnings Call Transcript
2023-05-15 15:32
Costamare Inc. (NYSE:CMRE) Q1 2023 Earnings Conference Call May 15, 2023 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Omar Nokta - Jefferies Ben Nolan - Stifel Operator Thank you for standing by ladies and gentlemen and welcome to the Costamare Inc. Conference Call on the First Quarter 2023 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. At this time, all participants are in a li ...
Costamare(CMRE) - 2023 Q1 - Earnings Call Presentation
2023-05-15 11:48
May-13 May-14 May-15 May-16 May-17 May-18 May-19 May-20 May-21 May-22 May-23 Forward Freight Agreements Curve (2) 6,000 9,000 12,000 15,000 May 23 Jun 23 Jul 23 Q3 23 Q4 23 Panamax Supramax Handysize ► Charter rates for dry bulk vessels have been volatile in the last months. ► The Forward Freight Agreements market indicates strengthening on the segments where we own vessels. ► New vessel ordering has remained subdued with an orderbook of 6.9%. Notes 1. Clarksons – May 2023 COSTAMARE INC. 11 Thank You Q&A 12 ...
Costamare(CMRE) - 2022 Q4 - Annual Report
2023-04-02 16:00
EXHIBIT 99.1 The Company has also declared a quarterly dividend on its common stock of US $0.115 per share for the quarter ended March 31, 2023. The dividend for the common stock is payable on May 5, 2023, to holders of record of common stock as of April 19, 2023. About Costamare Inc. Forward-Looking Statements Company Contacts: MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company") (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeem ...
Costamare(CMRE) - 2022 Q4 - Annual Report
2023-04-02 16:00
Since the factors affecting the supply of and demand for containership and dry bulk vessels are outside of our control and are unpredictable, the nature, timing, direction and degree of changes in industry conditions are also unpredictable. A significant decrease in charter rates would adversely affect our profitability and cash flows and could decrease the value of our fleet. The demand for containerships and dry bulk vessels has generally been influenced by, among other factors: • supply of and demand for ...