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Costamare Inc. (CMRE-PC)

NYSE - Nasdaq Real-time price. Currency in USD
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25.45-0.21 (-0.82%)
As of 11:00AM EST. Market open.
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  • J
    Jeff
    Moreover, CMRE currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises
  • r
    richard
    My guess is some traders still need to get out of the way. Investors will be back in charge soon.
    Cargo crunch may go till end of next year, even if then.
  • H
    Hillsdale89
    So what am I missing today? Why the 5% pull back???
  • S
    Solar
    2 good Seeking Alpha articles on CMRE this weekend... Costamare: Taking Advantage Of The Post-Pandemic Rebound Market
    and Costamare Is Well-Positioned For Dry Bulks Recovery
  • c
    chris
    I liked owing this stock alot more when it was 16$ vs 13$. The lower dry bulk rates the last 6 weeks is the reason for 13$ in my opinion. Bulk business (bookings) is still solid and the dry bulk index is still above where we bought the ships in may. Hopefully value if the bulk vessels is higher than what we paid as well.
  • J
    Jeff
    A 9.9 rating out of 10 with Fidelity recommendations. Do you smell, what the Rock and Costamare ate cooking?
  • B
    Barry
    Bought this stock through Fidelity. CMRE paid their dividend on 11/05 and I had this set to re-invest. I am coming to find out that reinvestment won't happen for 15 business days after the dividend is paid. That gives somebody 3 weeks of a lot of free money. Cash dividends seem to have been paid on 11/05 (according to my friend who has this in a Schawb accoun). I will be getting out. I suggest anyone in for the long run take your dividends in cash and reinvest yourselves.
  • m
    medinvestor
    CMRE is being treated rather harshly after posting very good third quarter results. They would have beaten the analysts estimates if those estimates weren’t increased last week. I purchased more shares today.
  • H
    Hillsdale89
    I don’t mind this pull back, if it last through Thursday. Right now My dividend is set to DRIP and with the closing price Thursday set to be the reinvestment price, I can add a few more shares at this price.
  • G
    GJ
    Still a very good number for a stock at the current level this morning just a little shy of estimates.
  • G
    GJ
    Current estimates have risen to $0.69 for third Quarter and $0.98 for the fourth Quarter. GLTA
  • L
    Leor B
    Surprised there weren't/aren't any new analyst upgrades, especially given how the stock dropped after earnings. Perhaps it'll take a little longer.
  • G
    GJ
    Backlog will take months to clear. Company still getting paid day rates even if waiting to unload. Meanwhile earnings estimate for Q3 $0.64. I purchased more yesterday. GLTA
  • L
    Leor B
    Looking good - I bought in at around $13.30. The drop was insanely uncalled for, and anyone with half a brain could look at their revenue/EBIDTA backlog for the next couple of years, their discount to NAV, etc., and see what an incredible buy it was/is.
  • K
    Keebon
    I think the foray into dry bulk adds risk to CMRE. Not sure it's worth paying a premium compared to other containership owners.
  • J
    Jeff
    If analyst do not like an industry they set the bar high, set them up to fail? We need a new system of reporting earnings. Take out some of the personal politics
  • c
    chris
    To play devils advocate here; I was unimpressed with the new containership lease rates announced in his press release. They are renewing leases at higher rates…but they are not as high as I was expecting (zim Shanghai as an example). I am holder and I will
    Continue to hold, but I always find myself expecting a little MORE from these quarterly releases.
  • G
    GJ
    Now oversold. Still strong earnings. GLTA
  • J
    Jaspper
    will they raise dividend?
  • G
    GJ
    Best of the shipping bunch IMHO. Low debt and low multiple. GLTA