Costamare Inc. (CMRE)
Valuation Overview•Is Costamare Inc. Overvalued or Undervalued?
Commands a peer premium multiple, but this multiple is justified by a strong intrinsic cash flow value.
Moderate quality score of 72/100, reflecting stable operating margins and manageable leverage.
Analysts remain cautious, with consensus price targets indicating limited room for upside expansion.
Verdict: Solid fundamental quality, though solvency presents a headwind.
Wall Street is cautious, forecasting potential downside. This is paired with healthy capital returns, anchored by a strong, well-covered dividend yield.
CMRE demonstrates strong business quality with robust profitability and healthy margins. This is paired with a moderately leveraged but stable balance sheet.
The company is facing top-line contraction (-7.6% 3Y CAGR) however, earnings have severely contracted over the same period. This growth is supported by elite operational efficiency, sustaining an impressive 39.4% operating margin.
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $212.0M | -57.9% | -7.6% | +13.8% | +6.0% | |
| EBITDA | $139.4M | — | -10.0% | — | — | |
| Net Income | $77.8M | +14.0% | -13.1% | — | +9.8% | |
| EPS (Diluted) | $0.60 | +17.2% | -12.4% | — | +5.5% | |
| Free Cash Flow | $93.8M | +83.6% | -1.9% | +22.3% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 48.2% | 37.6% | 44.5% | 45.3% |
| Operating Margin | 39.4% | 35.0% | 44.0% | 36.9% |
| Net Margin | 33.3% | 27.5% | 37.4% | 26.2% |
| FCF Margin | 23.9% | 23.1% | 9.6% | 16.6% |
| Quarter | EPS Est. | EPS Act. | Surprise | EPS | Rev |
|---|---|---|---|---|---|
| Q2'26Latest | $0.57 | $0.63 | +9.6% | ||
| Q1'26 | $0.74 | $0.60 | -18.9% | ||
| Q1'26 | $0.74 | $0.69 | -6.8% | ||
| Q4'25 | $0.70 | $0.81 | +14.9% | ||
| Q3'25 | $0.48 | $0.77 | +60.4% | ||
| Q2'25 | $0.52 | $0.61 | +17.3% | ||
| Q1'25 | $0.66 | $0.69 | +4.5% | ||
| Q4'24 | $0.64 | $0.68 | +6.3% |
Total return is +63.5% (1Y), outperforming the benchmark by +38.5%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | -1.7% | -11.0% | — |
| 1Y | +63.5% | +38.5% | +4.8% |
| 3YCAGR | +34.8% | +15.5% | +20.4% |
| 5YCAGR | +15.7% | +2.9% | +32.3% |
| 10YCAGR | +11.0% | -2.4% | — |
The S&P 500 is at 31.3x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about Costamare Inc. (CMRE) valuation, health, and returns.
Costamare Inc. is estimated to be undervalued under our discounted cash flow framework. relative multiples indicate the stock is Slightly expensive versus peers compared to industry peers. undervalued (implying +252.3% upside to DCF intrinsic value of $53.51)
Costamare Inc. has multiple valuation anchors: DCF Intrinsic Value: $53.51 | Peer Relative Fair Value: $13.45 | Wall Street Analyst Target: $13.00 (implying -14.4% upside). A convergence of these signals offers higher conviction.
Costamare Inc. displays good financial health with a composite quality score of 72/100, supported by a Altman Z-Score of 1.3 (distress zone), Piotroski F-Score of 7/9, Return on Invested Capital (ROIC) of 9.3%.
Costamare Inc. pays a 4.3% dividend yield, covered by a 22% payout ratio with 0 years of growth, supplemented by a 0.0% buyback yield.
Costamare Inc.'s current growth trajectory is Decelerating. The company achieved -57.9% 1Y revenue growth and +17.2% 1Y EPS growth, compared to its 3Y revenue CAGR of -7.6%.
Wall Street consensus is Hold based on 12 analysts, beating EPS expectations in 75% of recent quarters with a 1-quarter streak. The consensus price target represents a -14.4% change from current levels.
Investment risks for Costamare Inc. include: -15.2% 1-year max drawdown, elevated distress risk. Volatility risk is characterized by a beta of 0.82x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.