Company Performance - Costamare (CMRE) closed at $8.92, reflecting a -1.22% change from the previous day, underperforming the S&P 500's daily loss of 0.17% [1] - Over the past month, Costamare's shares have decreased by 12.25%, while the Transportation sector and S&P 500 have lost 7.62% and 3.94%, respectively [1] Earnings Expectations - The upcoming earnings report for Costamare is expected to show an EPS of $0.48, which is a 23.81% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $412.67 million, down 13.2% from the previous year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates predict earnings of $2.52 per share and revenue of $1.74 billion, representing changes of -8.7% and -16.58% from the prior year [3] - Recent changes to analyst estimates for Costamare may indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Valuation Metrics - Costamare currently has a Forward P/E ratio of 3.59, indicating a discount compared to its industry's Forward P/E of 8.44 [5] Industry Context - The Transportation - Shipping industry ranks in the bottom 21% of all industries, with a current Zacks Industry Rank of 197 [6] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]

Company Overview - Costamare (CMRE) shares increased by 9% to close at $9.12, following a period of 17.6% loss over the past four weeks, indicating a notable volume of shares traded [1] - The stock's recent gain is linked to President Trump's announcement to pause "reciprocal" import taxes for 90 days, which has positively impacted shipping stocks that were previously affected by tariff-induced economic uncertainties [2] Earnings Expectations - Costamare is projected to report quarterly earnings of $0.48 per share, reflecting a year-over-year decline of 23.8%, with expected revenues of $412.67 million, down 13.2% from the previous year [3] - The consensus EPS estimate for Costamare has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Costamare operates within the Zacks Transportation - Shipping industry, which has seen other companies like Navigator Holdings (NVGS) also experience fluctuations, with NVGS shares rising 5.5% to $12.22 but showing a -16% return over the past month [4] - Navigator Holdings has a consensus EPS estimate of $0.33 for the upcoming report, representing a year-over-year increase of 6.5%, and also holds a Zacks Rank of 3 (Hold) [5]

Core Viewpoint - Costamare Inc. is set to spin off its dry bulk business into a new entity named Costamare Bulkers, which aims to unlock value and enhance growth prospects for both companies [5][6]. Group 1: Conference Call and Webcast Details - A virtual Analyst and Investor Day conference call will be held on April 9, 2025, at 9:00 a.m. ET, hosted by the incoming management team of Costamare Bulkers [1][2]. - Participants can join the call by dialing in 10 minutes prior to the start time using designated numbers for the US, UK, and international callers [2]. - A replay of the conference call will be available until April 16, 2025, with specific numbers provided for access [3]. Group 2: Spin-Off Information - The spin-off of Costamare Bulkers is expected to be completed within the current calendar year, pending regulatory approvals and final board approval [6]. - Costamare Bulkers will be listed on the New York Stock Exchange, indicating a significant step in the company's strategic restructuring [6]. Group 3: Company Overview - Costamare Inc. has a long-standing history of 51 years in the international shipping industry, owning 68 containerships with a total capacity of approximately 513,000 TEU and 38 dry bulk vessels with a total capacity of about 3,016,000 DWT [7]. - The company also operates a dry bulk platform (CBI) that engages in various chartering and freight agreements, enhancing its operational capabilities [7].

Company Performance - Costamare's stock closed at $9.84, reflecting a -1.2% change from the previous session, underperforming compared to the S&P 500's 0.55% gain [1] - Over the past month, Costamare's shares decreased by 2.16%, outperforming the Transportation sector's loss of 7.37% and the S&P 500's loss of 6.22% [1] Earnings Projections - The upcoming earnings report for Costamare is projected to show earnings per share (EPS) of $0.48, a decrease of 23.81% from the same quarter last year [2] - Revenue is estimated at $412.67 million, down 13.2% from the prior-year quarter [2] Full Year Estimates - For the full year, earnings are projected at $2.52 per share and revenue at $1.74 billion, representing changes of -8.7% and -16.58% respectively from the previous year [3] - Recent modifications to analyst estimates indicate the dynamic nature of near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Costamare has a Forward P/E ratio of 3.96, significantly lower than the industry average Forward P/E of 8.75, indicating a potential discount [6] - The Transportation - Shipping industry is currently ranked 155 in the Zacks Industry Rank, placing it in the bottom 39% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging an annual return of +25% since 1988 [5] - Costamare currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5]

Core Viewpoint - Costamare Inc. is set to spin off its dry bulk business into a new entity, Costamare Bulkers, with an Analyst and Investor Day scheduled for April 9, 2025, to discuss the new company's operations and strategic outlook [1][2][3]. Group 1: Spin-Off Details - The spin-off will create a standalone company, Costamare Bulkers, which will manage Costamare Inc.'s dry bulk vessels and the CBI operating platform [1][3]. - The board of Costamare Inc. believes that the separation will unlock inherent value and provide unique growth prospects for both companies [3][4]. - The shares of Costamare Bulkers are expected to be listed on the New York Stock Exchange, with the spin-off targeted for completion within the current calendar year, pending regulatory approvals [4]. Group 2: Management and Presentation - The Analyst and Investor Day will feature discussions led by Gregory Zikos, who serves as both CEO and CFO of Costamare Inc., along with other key executives [1][2][7]. - The agenda will cover Costamare Bulkers' core business, investment highlights, and strategic outlook, followed by a Q&A session [2]. Group 3: Company Overview - Costamare Inc. is a prominent owner and provider of containerships and dry bulk vessels, with a fleet of 68 owned containerships and 38 owned dry bulk vessels [5]. - The total capacity of the containership fleet is approximately 513,000 TEU, while the dry bulk vessels have a total capacity of about 3,016,000 DWT [5].

In the latest trading session, Costamare (CMRE) closed at $10.25, marking a +0.89% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.77%. Elsewhere, the Dow saw an upswing of 1.42%, while the tech-heavy Nasdaq appreciated by 2.28%.The shipping company's stock has dropped by 2.96% in the past month, exceeding the Transportation sector's loss of 3.93% and the S&P 500's loss of 5.73%.Analysts and investors alike will be keeping a close eye on the performance of Costam ...

Group 1: Company Performance - Costamare (CMRE) closed at $10.45, marking a +1.55% move from the prior day, outperforming the S&P 500's daily loss of 1.07% [1] - The company's shares have decreased by 3.38% over the last month, which is better than the Transportation sector's loss of 7.7% and the S&P 500's loss of 7.03% [1] Group 2: Earnings Forecast - Costamare is forecasted to report an EPS of $0.48, reflecting a 23.81% decrease from the same quarter last year, with a projected revenue of $412.67 million, down 13.2% from the equivalent quarter last year [2] - For the full year, analysts expect earnings of $2.52 per share and revenue of $1.74 billion, indicating changes of -8.7% and -16.58% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent modifications to analyst estimates for Costamare indicate the changing nature of near-term business trends, with positive alterations signifying analyst optimism regarding the company's business and profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Costamare as 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [6] Group 4: Valuation Metrics - Costamare holds a Forward P/E ratio of 4.09, which is a discount compared to its industry's average Forward P/E of 9.33 [7] - The Transportation - Shipping industry, to which Costamare belongs, ranks in the bottom 18% of all industries, with a current Zacks Industry Rank of 206 [7]

Core Viewpoint - Costamare Inc. plans to spin off its dry bulk business into a separate entity, Costamare Bulkers Holdings Limited, to unlock value and provide distinct growth opportunities for both companies [1][7]. Group 1: Spin-off Details - The spin-off will create two publicly traded companies, with Costamare Bulkers Holdings Limited expected to be listed on the New York Stock Exchange [2]. - The separation is targeted for completion within the current calendar year, pending regulatory approvals and board approval [2][3]. - The spin-off is anticipated to be executed through a pro rata distribution of shares to existing Costamare Inc. shareholders [3]. Group 2: Strategic Benefits - The spin-off aims to enhance financial flexibility for both companies, allowing them to focus on their respective markets: container shipping for Costamare Inc. and dry bulk shipping for Costamare Bulkers Holdings Limited [7]. - Each company will have tailored capital allocation strategies and balance sheets, driving operational efficiency and value creation [7]. - The separation will provide distinct investment opportunities for different investor bases, allowing for more focused management and growth strategies [7]. Group 3: Company Overview - Costamare Inc. is a leading owner and provider of containerships and dry bulk vessels, with a fleet of 68 containerships and 38 dry bulk vessels [5]. - The company has a total capacity of approximately 513,000 TEU for containerships and 3,016,000 DWT for dry bulk vessels [5]. - Costamare Inc. has a 51-year history in the international shipping industry and engages in various shipping-related activities, including leasing and chartering [5].

Financial Reporting - Costamare Inc. announced the availability of its Annual Report on Form 20-F for the year ended December 31, 2024[4] - The report was filed under the Securities Exchange Act of 1934, indicating compliance with regulatory requirements[6] Company Information - The company is headquartered in Monaco, reflecting its international presence[2]

Company Overview - Costamare Inc. is a leading owner and provider of containerships and dry bulk vessels for charter with 51 years of history in the international shipping industry [3] - The company operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU and 38 dry bulk vessels with a total capacity of approximately 3,016,000 DWT [3] - Costamare also has a dry bulk operating platform that charters in/out dry bulk vessels and engages in lease financing [3] Financial Reporting - The company has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission [1] - The Annual Report includes the company's complete 2024 audited financial statements and is accessible on the company's website [1][2] Investor Relations - Stockholders can request a hard copy of the Annual Report free of charge by contacting the company's investor relations manager [2] - The company's common stock and preferred stocks trade on the New York Stock Exchange under various symbols [3]