Costamare (CMRE) Outperforms Broader Market: What You Need to Know

The shipping company'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%. Investors should also pay attention to any latest changes in analyst estimates for Costamare. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. With respect to valuation, Costamare is ...