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Costamare: The Dry Bulk Sector, FCF Growth Make It Cheap
CMRECostamare(CMRE) Seeking Alpha·2024-03-07 12:38
Suphanat KhumsapCostamare Inc. (NYSE:CMRE) appears to be celebrating recent investments in the dry bulk sector as EPS, and FCF growth momentum increases. Also, expenditures in the leasing platform, and funding of new vessels could also serve as net sales catalysts in the coming years. I did appreciate also that CMRE recently classified new vessels as held for sale, which may bring more cash in hand to refinance the balance sheet. Recent dividend growth, and the ongoing repurchase of shares at close to $ ...