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Upturn AI Summary - About
Costamare Inc(CMRE)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CMRE
11/06/2026: CMRE (2-star) is currently NOT-A-BUY. Pass it for now.
Costamare Inc is an international owner of containerships and dry bulk vessels that charters its fleet to major global logistics companies. The company has a leading position in tonnage provision, benefiting from long-standing industry relationships and a diversified asset base. Its primary opportunity lies in optimizing its fleet through energy-efficient upgrades and strategic dry bulk exposure. However, investors face risks from the cyclical nature of global shipping demand, intense competition, and stringent environmental regulations. This stock may suit dividend-oriented or value-focused investors who can tolerate cyclical market volatility. Key developments to monitor include charter rate trends, debt reduction milestones, and progress on fleet sustainability initiatives.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely tied to cyclical shipping rates rather than secular, predictable demand. |
| Momentum investor | Mixed fit | This style is conditional on a positive upturn in the shipping cycle and freight rate trends. |
| Value investor | Strong fit | The company often trades at favorable valuations relative to its net asset value (NAV). |
| Dividend investor | Strong fit | Costamare has maintained a history of reliable dividend distributions for shareholders. |
| Low-risk investor | Weak fit | The high cyclicality and volatility inherent in the maritime industry create significant price risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping stocks fluctuate significantly based on global trade indices and charter rates. |
| Valuation risk | Medium | NAV-based valuation can be difficult due to changing vessel market values. |
| Competition risk (freight rate competition) | High | Intense competition for charter contracts can pressure margins during downturns. |
| Business quality | Medium | The business relies on operational efficiency and counterparty creditworthiness. |
| Dividend income | Medium | Dividends are subject to the cyclical cash flows of the shipping business. |
| Execution risk | Medium | Fleet expansion and management require precise timing in a cyclical industry. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 74.33% | Avg. Invested days 76 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.54B USD | Price to earnings Ratio 4.89 | 1Y Target Price 20 |
Price to earnings Ratio 4.89 | 1Y Target Price 20 | ||
Volume (30-day avg) 444.9K shares | Beta 1.06 | 52 Weeks Range 12.64 - 17.63 | Updated Date 11/08/2026 |
52 Weeks Range 12.64 - 17.63 | Updated Date 11/08/2026 | ||
Dividends yield (FY) 3.75% | Basic EPS (TTM) 2.6 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Containership Chartering | Time charters for container vessels to global liner operators. | Revenue comes from leasing ships to major shipping lines on a contract basis. |
| Dry Bulk Chartering | Transportation of commodities via Capesize and Panamax vessels. | Revenue is earned from shipping bulk raw materials globally. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-28 | When Before Market | Estimate 0.66 | Actual 0.74 |
Profitability
Profit Margin 39.26% | Operating Margin (TTM) 45.46% |
Management Effectiveness
Return on Assets (TTM) 6.03% | Return on Equity (TTM) 15.25% |
Valuation
Trailing PE 4.89 | Forward PE 15.06 | Enterprise Value 2.61B | Price to Sales(TTM) 1.8 |
Enterprise Value 2.61B | Price to Sales(TTM) 1.8 | ||
Enterprise Value to Revenue 3.06 | Enterprise Value to EBITDA 6.24 | Shares Outstanding 120.89M | Shares Floating 46.51M |
Shares Outstanding 120.89M | Shares Floating 46.51M | ||
Percent Insiders 61.52 | Percent Institutions 34.09 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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