|Bid||23.60 x 900|
|Ask||26.00 x 900|
|Day's range||24.52 - 24.93|
|52-week range||21.87 - 25.00|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||6.66|
|Forward dividend & yield||1.91 (7.68%)|
|Ex-dividend date||13 Jul 2023|
|1y target est||N/A|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Container shipping companies may not be the sexiest businesses on Wall Street. Heading into the report, analysts had forecast Costamare would earn $0.59 per share (adjusted for one-time items) on sales of $256.5 million. As it turned out, Costamare missed that adjusted earnings target, earning only $0.56 per share.
Costamare (CMRE) delivered earnings and revenue surprises of 12% and 43.23%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?