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 ...

Company Overview - Costamare Inc. is a leading international owner and provider of containerships and dry bulk vessels for charter with 50 years of history in the shipping industry [3] - The company operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU and 39 dry bulk vessels with a total capacity of approximately 2,900,000 DWT [3] - Costamare also has a dry bulk operating platform that charters in/out dry bulk vessels and engages in various freight agreements and hedging solutions [3] Upcoming Events - The Board of Directors has called for an annual meeting of stockholders to be held virtually on October 3, 2024 [1] - Stockholders of record as of August 8, 2024, will be entitled to receive notice and vote at the annual meeting [2] - The notice and proxy statement will be sent to stockholders on or around August 9, 2024 [2]

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 ...

Group 1: Costamare (CMRE) - Costamare reported a total revenue increase of 89% and an adjusted net income rise of 62% year-over-year for Q1 2024 [4] - The company has a strong liquidity position of $1,106 million and a profitable leasing program funding 24 shipping assets totaling approximately $258 million [4] - Costamare is considered undervalued with a forward P/E ratio of 5.11 compared to the sector average of 18.00, and it has shown significant share price appreciation [5][13] Group 2: SkyWest (SKYW) - SkyWest announced a 16% year-over-year increase in total revenue for Q1 2024, with a net income of $60 million compared to a net loss of $22 million in Q1 2023 [7] - The company has experienced nearly double the stock price appreciation over the past year, distinguishing itself from competitors like American Airlines and Alaska Air [6][16] - SkyWest's forward P/E ratio is 12.26, which is below the sector median of 18.00, indicating it is still trading below its value despite significant growth [17] Group 3: Blue Owl Capital (OBDC) - Blue Owl Capital reported a 6% increase in total investment income year-over-year for Q1 2024, with approximately $743 million in cash and restricted cash [9] - The company trades at a forward P/E of 8.18, lower than the sector average of 10.62, making it an attractive option for investors seeking dividend income [10] - OBDC has a high annual dividend yield of 9.62% and initiated $1,203 million in investments in 18 new and 13 existing portfolio companies during the first quarter [20]

SkyWest (NASDAQ:SKYW), a regional airline with a fleet of roughly 500 aircraft, flies high on the list of best long-term stocks. It transports cargo and passengers, provides charter services and leases aircraft. SKYW also offers investors a great valuation of a forward P/E ratio of 11.99 when the median for the sector is 18.41. Even with the massive jump in share price, SkyWest still has room to grow. MFC reported earnings for the first quarter of 2024 on May 8, stating that total revenue increased by 16% a ...

Core Viewpoint - Costamare's stock has shown significant performance, outperforming both the Transportation sector and the S&P 500, indicating strong investor sentiment and potential growth opportunities. Company Performance - Costamare's stock has climbed by 12.48% in the past month, exceeding the Transportation sector's loss of 2.02% and the S&P 500's gain of 2.83% [1] - The latest trading session saw Costamare (CMRE) ending at $17.19, denoting a +1.42% adjustment from its last day's close, outperforming the S&P 500 which registered a daily gain of 0.09% [4] - The investment community is closely monitoring Costamare's forthcoming earnings report, with expectations of EPS of $0.77, up 37.5% from the prior-year quarter, and revenue of $368.67 million, indicating a 0.34% upward movement from the same quarter last year [8] Financial Metrics - For the full year, the Zacks Consensus Estimates project earnings of $3.08 per share and a revenue of $1.6 billion, demonstrating changes of +48.79% and +6.07%, respectively, from the preceding year [5] - Costamare is currently being traded at a Forward P/E ratio of 5.51, which signifies a discount compared to the average Forward P/E of 7.63 for its industry [3] Analyst Sentiment - Recent revisions in analyst estimates for Costamare tend to reflect the latest near-term business trends, with upward revisions indicating analysts' positivity towards the company's business operations and its ability to generate profits [2] - Costamare boasts a Zacks Rank of 1 (Strong Buy), with a remarkable history of outperforming, as 1 stocks have returned an average annual gain of +25% since 1988 [6] Industry Context - The Transportation - Shipping industry is part of the Transportation sector and currently has a Zacks Industry Rank of 70, placing it in the top 28% of all 250+ industries [10]

Core Insights - Neptune Maritime Leasing Limited has been awarded the Private Equity Deal of the Year 2023 by Marine Money for a $220 million investment from Costamare Inc. and the Latsco Family Office [1][8] Company Overview - Neptune Maritime Leasing is a growth-oriented maritime leasing platform established in 2021, focused on providing shipowners with flexible financing tools and investors with access to under-invested asset classes [8] - The company aims to build a portfolio of long-term contracts through sale and leaseback transactions across diverse maritime sectors, emphasizing responsible returns and contributions to global trade and sustainability [8] Investment Highlights - The $220 million investment from Costamare Inc. and the Latsco Family Office in March 2023 has significantly enhanced Neptune's capabilities and market presence [2][8] - Following the investment, Neptune expanded its fleet fivefold and increased its sector coverage to include offshore vessels, as well as geographic coverage to the Middle East and Asia [2] Strategic Partnerships - The Latsco Family Office, a prominent investor in shipping since the 1940s, has been an anchor investor in Neptune Leasing since 2021, managing strategic investments across various sectors [2][6]

Investor Relations / Media Kevin Karlis Capital Link Email: neptuneleasing@capitallink.com About The Latsco Family Office https://www.costamare.com/ About Neptune Maritime Leasing For more information please contact: ST HELIER, Jersey, June 25, 2024 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited ("Neptune Leasing" or the "Company"), a growth-oriented maritime leasing platform with the mission to providing shipowners with access to a flexible financing tool, is delighted to announce that Marine Money h ...