Marine Shipping
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2 / 10Stock Comparison
SB vs CMRE
Revenue, margins, valuation, and 5-year total return — side by side.
Marine Shipping
SB vs CMRE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Marine Shipping | Marine Shipping |
| Market Cap | $730M | $2.10B |
| Revenue (TTM) | $275M | $1.09B |
| Net Income (TTM) | $46M | $365M |
| Gross Margin | 36.9% | 48.2% |
| Operating Margin | 26.0% | 39.4% |
| Forward P/E | 12.6x | 6.8x |
| Total Debt | $537M | $1.51B |
| Cash & Equiv. | $84M | $528M |
SB vs CMRE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Safe Bulkers, Inc. (SB) | 100 | 679.9 | +579.9% |
| Costamare Inc. (CMRE) | 100 | 510.0 | +410.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SB vs CMRE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SB is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 3 yrs, beta 0.98, yield 4.0%
- Rev growth 8.2%, EPS growth 36.1%, 3Y rev CAGR -2.2%
- 7.6% 10Y total return vs CMRE's 242.7%
CMRE carries the broadest edge in this set and is the clearest fit for value and quality.
- Lower P/E (6.8x vs 12.6x)
- 33.3% margin vs SB's 16.8%
- +153.2% vs SB's +110.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.2% revenue growth vs CMRE's -57.9% | |
| Value | Lower P/E (6.8x vs 12.6x) | |
| Quality / Margins | 33.3% margin vs SB's 16.8% | |
| Stability / Safety | Beta 0.98 vs CMRE's 1.25, lower leverage | |
| Dividends | 4.0% yield, 3-year raise streak, vs CMRE's 3.8% | |
| Momentum (1Y) | +153.2% vs SB's +110.5% | |
| Efficiency (ROA) | 8.8% ROA vs SB's 3.4%, ROIC 9.3% vs 6.6% |
SB vs CMRE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
SB vs CMRE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CMRE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CMRE is the larger business by revenue, generating $1.1B annually — 4.0x SB's $275M. CMRE is the more profitable business, keeping 33.3% of every revenue dollar as net income compared to SB's 16.8%. On growth, SB holds the edge at -3.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $275M | $1.1B |
| EBITDAEarnings before interest/tax | $131M | $550M |
| Net IncomeAfter-tax profit | $46M | $365M |
| Free Cash FlowCash after capex | $55M | $262M |
| Gross MarginGross profit ÷ Revenue | +36.9% | +48.2% |
| Operating MarginEBIT ÷ Revenue | +26.0% | +39.4% |
| Net MarginNet income ÷ Revenue | +16.8% | +33.3% |
| FCF MarginFCF ÷ Revenue | +19.9% | +23.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.7% | -61.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -31.8% | +140.0% |
Valuation Metrics
CMRE leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 6.1x trailing earnings, CMRE trades at a 27% valuation discount to SB's 8.4x P/E. On an enterprise value basis, CMRE's 5.1x EV/EBITDA is more attractive than SB's 7.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $730M | $2.1B |
| Enterprise ValueMkt cap + debt − cash | $1.2B | $3.1B |
| Trailing P/EPrice ÷ TTM EPS | 8.36x | 6.08x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.61x | 6.81x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 6.96x | 5.11x |
| Price / SalesMarket cap ÷ Revenue | 2.37x | 2.39x |
| Price / BookPrice ÷ Book value/share | 0.90x | 0.97x |
| Price / FCFMarket cap ÷ FCF | — | 4.44x |
Profitability & Efficiency
CMRE leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
CMRE delivers a 16.3% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $6 for SB. SB carries lower financial leverage with a 0.65x debt-to-equity ratio, signaling a more conservative balance sheet compared to CMRE's 0.70x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.6% | +16.3% |
| ROA (TTM)Return on assets | +3.4% | +8.8% |
| ROICReturn on invested capital | +6.6% | +9.3% |
| ROCEReturn on capital employed | +8.6% | +11.5% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 |
| Debt / EquityFinancial leverage | 0.65x | 0.70x |
| Net DebtTotal debt minus cash | $453M | $987M |
| Cash & Equiv.Liquid assets | $84M | $528M |
| Total DebtShort + long-term debt | $537M | $1.5B |
| Interest CoverageEBIT ÷ Interest expense | 2.34x | 5.21x |
Total Returns (Dividends Reinvested)
CMRE leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CMRE five years ago would be worth $24,622 today (with dividends reinvested), compared to $19,462 for SB. Over the past 12 months, CMRE leads with a +153.2% total return vs SB's +110.5%. The 3-year compound annual growth rate (CAGR) favors CMRE at 43.9% vs SB's 27.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +44.6% | +12.4% |
| 1-Year ReturnPast 12 months | +110.5% | +153.2% |
| 3-Year ReturnCumulative with dividends | +105.9% | +197.9% |
| 5-Year ReturnCumulative with dividends | +94.6% | +146.2% |
| 10-Year ReturnCumulative with dividends | +765.0% | +242.7% |
| CAGR (3Y)Annualised 3-year return | +27.2% | +43.9% |
Risk & Volatility
SB leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
SB is the less volatile stock with a 0.98 beta — it tends to amplify market swings less than CMRE's 1.25 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.98x | 1.25x |
| 52-Week HighHighest price in past year | $7.20 | $18.05 |
| 52-Week LowLowest price in past year | $3.33 | $6.63 |
| % of 52W HighCurrent price vs 52-week peak | +96.3% | +96.3% |
| RSI (14)Momentum oscillator 0–100 | 61.0 | 55.5 |
| Avg Volume (50D)Average daily shares traded | 576K | 388K |
Analyst Outlook
SB leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates SB as "Buy" and CMRE as "Hold". Consensus price targets imply -31.0% upside for CMRE (target: $12) vs -39.4% for SB (target: $4). For income investors, SB offers the higher dividend yield at 3.95% vs CMRE's 3.79%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $4.20 | $12.00 |
| # AnalystsCovering analysts | 22 | 11 |
| Dividend YieldAnnual dividend ÷ price | +4.0% | +3.8% |
| Dividend StreakConsecutive years of raises | 3 | 2 |
| Dividend / ShareAnnual DPS | $0.27 | $0.66 |
| Buyback YieldShare repurchases ÷ mkt cap | +4.0% | 0.0% |
CMRE leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). SB leads in 2 (Risk & Volatility, Analyst Outlook).
SB vs CMRE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is SB or CMRE a better buy right now?
For growth investors, Safe Bulkers, Inc.
(SB) is the stronger pick with 8. 2% revenue growth year-over-year, versus -57. 9% for Costamare Inc. (CMRE). Costamare Inc. (CMRE) offers the better valuation at 6. 1x trailing P/E (6. 8x forward), making it the more compelling value choice. Analysts rate Safe Bulkers, Inc. (SB) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — SB or CMRE?
On trailing P/E, Costamare Inc.
(CMRE) is the cheapest at 6. 1x versus Safe Bulkers, Inc. at 8. 4x. On forward P/E, Costamare Inc. is actually cheaper at 6. 8x.
03Which is the better long-term investment — SB or CMRE?
Over the past 5 years, Costamare Inc.
(CMRE) delivered a total return of +146. 2%, compared to +94. 6% for Safe Bulkers, Inc. (SB). Over 10 years, the gap is even starker: SB returned +765. 0% versus CMRE's +242. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — SB or CMRE?
By beta (market sensitivity over 5 years), Safe Bulkers, Inc.
(SB) is the lower-risk stock at 0. 98β versus Costamare Inc. 's 1. 25β — meaning CMRE is approximately 27% more volatile than SB relative to the S&P 500. On balance sheet safety, Safe Bulkers, Inc. (SB) carries a lower debt/equity ratio of 65% versus 70% for Costamare Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — SB or CMRE?
By revenue growth (latest reported year), Safe Bulkers, Inc.
(SB) is pulling ahead at 8. 2% versus -57. 9% for Costamare Inc. (CMRE). On earnings-per-share growth, the picture is similar: Safe Bulkers, Inc. grew EPS 36. 1% year-over-year, compared to 17. 2% for Costamare Inc.. Over a 3-year CAGR, SB leads at -2. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — SB or CMRE?
Costamare Inc.
(CMRE) is the more profitable company, earning 41. 5% net margin versus 31. 7% for Safe Bulkers, Inc. — meaning it keeps 41. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CMRE leads at 51. 7% versus 36. 4% for SB. At the gross margin level — before operating expenses — CMRE leads at 57. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is SB or CMRE more undervalued right now?
On forward earnings alone, Costamare Inc.
(CMRE) trades at 6. 8x forward P/E versus 12. 6x for Safe Bulkers, Inc. — 5. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CMRE: -31. 0% to $12. 00.
08Which pays a better dividend — SB or CMRE?
All stocks in this comparison pay dividends.
Safe Bulkers, Inc. (SB) offers the highest yield at 4. 0%, versus 3. 8% for Costamare Inc. (CMRE).
09Is SB or CMRE better for a retirement portfolio?
For long-horizon retirement investors, Safe Bulkers, Inc.
(SB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 98), 4. 0% yield, +765. 0% 10Y return). Both have compounded well over 10 years (SB: +765. 0%, CMRE: +242. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between SB and CMRE?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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