The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Costamare (CMRE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Costamare is one of 135 companies in the Transportation group. The ...

Costamare (CMRE) closed the most recent trading day at $14.32, moving -1.65% from the previous trading session. This change lagged the S&P 500's daily gain of 0.71%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 0.6%. Shares of the shipping company witnessed a gain of 13.31% over the previous month, beating the performance of the Transportation sector with its gain of 3.49% and the S&P 500's gain of 6.41%. The investment community will be paying close attention to th ...

The most recent trading session ended with Costamare (CMRE) standing at $15.43, reflecting a -1.78% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.17%. Meanwhile, the Dow experienced a drop of 0.44%, and the technology-dominated Nasdaq saw a decrease of 0.04%. Coming into today, shares of the shipping company had gained 16.28% in the past month. In that same time, the Transportation sector gained 0.35%, while the S&P 500 gained 1.25%. The inv ...

MONACO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the "Company") (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the election of two Class II directors at the Company's virtual annual meeting of stockholders held today. The elected Class II directors are Gregory Zikos and Vagn Lehd Møller who were elected to hold office for a term ending at the annual meeting of stockholders in 2027 and until their successors have been duly elected and ...

Costamare (CMRE) ended the recent trading session at $13.91, demonstrating a +0.94% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.31%. The the stock of shipping company has fallen by 0.58% in the past month, lagging the Transportation sector's gain of 4.32% and the S&P 500's gain of 1.57%. The investment community will be closely monitoring the perform ...

Costamare (CMRE) closed the latest trading day at $13.53, indicating a +1.65% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%. The the stock of shipping company has fallen by 5.47% in the past month, lagging the Transportation sector's gain of 2.69% and the S&P 500's gain of 4.03%. The investment community will be paying close attention to the earnings performance of Costamare in its upcoming ...

Costamare (CMRE) has displayed an impressive performance, with its shares appreciating 22.6% year to date. This growth is impressive and has outperformed its industry. CMRE stock has also performed better than other shipping stocks like Frontline plc (FRO) and Star Bulk Carriers (SBLK) . The bullishness in the stock is fueled by favorable market sentiments pertaining to dry bulk shipping and its focus on fleet modernization and capacity enhancement. YTD Price Performance Zacks Investment Research Image Sour ...

Costamare Inc. (NYSE:CMRE) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Dylan O'Malley - Stifel Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Second Quarter 2024 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’l ...

Costamare (CMRE) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the e ...

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) ...