Costamare (CMRE) is scheduled to release second-quarter 2024 results on Jul 31, before market open. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at 72 cents per share and $380.41 million, respectively. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Costamare this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) ...

MONACO, July 26, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the second quarter ended June 30, 2024 before the market opens in New York on Wednesday, July 31, 2024. On Wednesday, July 31, 2024 at 8:30 a.m. ET, Costamare's management team will hold a conference call to discuss the financial results. A replay of the conference call will be available until August 7, 2024. The United States replay number is +1- 877-344-7529; the standard internationa ...

MONACO, July 26, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the second quarter ended June 30, 2024 before the market opens in New York on Wednesday, July 31, 2024. Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1-844- 887-9405 (from the US), 0808-238-9064 (from the UK) or +1-412-317-9258 (from outside the US). Please quote "Costamare". Forward-Looking Statements Earnings Release: Wednesda ...

Shares of marine shipping company Costamare Inc. (CMRE) have had a good time on the bourses this year, driven by tailwinds like favorable market sentiments pertaining to dry bulk shipping and its focus on fleet modernization and capacity enhancement. Costamare, one of the leading owners and providers of containerships and dry bulk vessels for charter across the globe, has gained in excess of 40% on a year-to-date basis, outperforming not only its industry but also other shipping companies like Danaos Corpor ...

The shipping company's shares have seen of 0% over the last month, not keeping up with the Transportation sector's gain of 6.6% and the S&P 500's gain of 4.43%. Investors should also pay attention to any latest changes in analyst estimates for Costamare. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. In terms of valuation, Costamare is presen ...

None of the shares of Series E Preferred Stock remain outstanding, and all rights with respect to such stock have ceased and terminated, other than the right of the Holders to receive payment of the Redemption Price. About Costamare Inc. Forward-Looking Statements This press release contains "forward-looking statements". In some cases, you can identify these statements by forward-looking words such as "believe", "intend", "anticipate", "estimate", "project", "forecast", "plan", "potential", "may", "should", ...

MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company", "we" or "our") (NYSE: CMRE) announced today that the Company has completed the previously announced redemption of all of its 4,574,100 outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the "Series E Preferred Stock", and the redemption thereof, the "Redemption") held by shareholders (the "Holders"). The redemption price of the shares of Series E Preferred Stock was $25.00 per share plus accrued and ...

MONACO, July 12, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company") (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced today that its Board of Directors has called an annual meeting of the stockholders to be held virtually on Thursday, October 3, 2024. Stockholders of record of the Company's common stock at the close of business on Thursday, August 8, 2024 will be entitled to receive notice of, and to vote at, the annual meeting and at any ad ...

MONACO, July 12, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company") (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced today that its Board of Directors has called an annual meeting of the stockholders to be held virtually on Thursday, October 3, 2024. Stockholders of record of the Company's common stock at the close of business on Thursday, August 8, 2024 will be entitled to receive notice of, and to vote at, the annual meeting and at any ad ...

Seeking out and buying into undervalued companies can be a very lucrative investment strategy, especially over a long-term timeline. It allows investors to minimize potential losses that otherwise may occur with a much more overvalued stock and can provide significant growth potential. Costamare (NYSE:CMRE) is a marine shipping company that transports cargo worldwide. Its fleet of approximately 100 vessels consists of containerships and dry bulk ships. Costamare (CMRE) On May 10, CMRE reported earnings for ...