CMRE
Costamare Inc.
NYSEUSDEQUITY
Industrials
DELAYED
Neutral
+2/100
Last price
15.10
▼ 0.29 (1.88%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
15.21
Prev close
15.39
Day high
15.31
Day low
14.94
Volume
343.89K
Market cap
$1.83B
P/E (TTM)
5.72
52W range
10.84 – 18.06
Day trading desk
Gap from prior close
-1.17%
Prior close 15.39
VWAP
15.08
+0.11% from price
Relative volume
1.72×
Unusually busy
Session range
2.44%
14.94 – 15.31
Position in range
44%
Mid range
ATR (14D)
0.43
2.87% of price
Prior day high
15.53
PDH
Prior day low
14.96
PDL
Bid / ask spread
—
Quote not published
Session volume
631.26K
Avg 366.05K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+2.37%
+0.4%
1M
-2.89%
-4.0%
3M
+1.62%
-2.9%
6M
-12.46%
-30.6%
YTD
-4.37%
-18.6%
1Y
+26.57%
+10.2%
3Y
+56.96%
-25.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CMRE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+1.04M
Net buying
Buy transactions
1
1.10M shares
Sell transactions
1
59.84K shares
Net transactions
+2
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
74.37M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 15, 26 | KONSTANTAKOPOULOS KONSTANTINOS Chief Executive Officer |
STOCK | 1.10M | $0 | Direct |
| Jul 29, 26 | GRIGORIOS ZIKOS Chief Financial Officer |
SELL | 59.84K | $917.92K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
GRIGORIOS ZIKOS |
Chief Financial Officer | — | Sale |
KONSTANTAKOPOULOS KONSTANTINOS |
Chief Executive Officer | 33.91M | Stock Gift |
Fundamentals
Market cap$1.83B
Enterprise value$2.97B
Revenue (TTM)$857.38M
Gross profit$598.67M
EBITDA$546.40M
Net income$317.88M
EPS (TTM)$2.64
Free cash flow$-232.06M
Total cash$431.48M
Total debt$1.50B
Book value / share$18.36
Shares outstanding120.89M
Float46.51M
Short % of float5.57%
Dividend yield3.31%
Beta (5Y)0.97
Valuation & profitability ratios
Trailing P/E5.72
Forward P/E5.43
PEG ratio2.40
Price / sales—
Price / book0.82
EV / revenue3.47
EV / EBITDA5.44
Gross margin69.83%
Operating margin47.04%
Profit margin39.52%
Return on equity15.97%
Return on assets6.69%
Debt / equity65.65
Current ratio1.61
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $877.90M | $888.49M | $848.29M | $1.11B | -1.2% |
| Operating revenue | $877.90M | $888.49M | $848.29M | $1.11B | -1.2% |
| Cost of revenue | $375.07M | $340.02M | $327.30M | $513.20M | +10.3% |
| Gross profit | $502.83M | $548.48M | $520.99M | $600.66M | -8.3% |
| Selling, general & admin | $20.00M | $24.68M | $18.22M | $19.53M | -19.0% |
| Total operating expense | $48.91M | $53.32M | $45.70M | $66.26M | -8.3% |
| Operating income | $453.92M | $495.15M | $475.28M | $534.39M | -8.3% |
| Net interest income | -$81.51M | -$96.93M | -$107.54M | -$116.76M | +15.9% |
| Pre-tax income | $396.55M | $407.34M | $518.90M | $554.69M | -2.7% |
| Net income | $364.57M | $319.92M | $385.75M | $554.96M | +14.0% |
| Net income to common | $343.65M | $290.68M | $354.68M | $523.89M | +18.2% |
| Basic EPS | 2.86 | 2.44 | 2.95 | 4.26 | +17.2% |
| Diluted EPS | 2.86 | 2.44 | 2.95 | 4.26 | +17.2% |
| EBIT | $486.24M | $524.41M | $645.69M | $661.90M | -7.3% |
| EBITDA | $615.91M | $650.77M | $772.21M | $828.09M | -5.4% |
| Basic shares | 120.20M | 119.30M | 120.30M | 122.96M | +0.8% |
| Diluted shares | 120.20M | 119.30M | 120.30M | 122.96M | +0.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $519.85M | $656.88M | $745.54M | $718.05M | -20.9% |
| Cash & short-term investments | $594.20M | $718.69M | $813.02M | $838.06M | -17.3% |
| Accounts receivable | $11.58M | $5.86M | $50.68M | $26.94M | +97.5% |
| Inventory | $14.12M | $13.16M | $61.27M | $28.04M | +7.3% |
| Total current assets | $690.67M | $1.04B | $1.12B | $1.01B | -33.6% |
| Property, plant & equipment | $2.74B | $2.75B | $3.77B | $3.67B | -0.5% |
| Goodwill & intangibles | $0 | $74.00K | $269.00K | $468.00K | -100.0% |
| Total assets | $3.86B | $5.15B | $5.29B | $4.90B | -25.0% |
| Total current liabilities | $398.57M | $745.56M | $662.77M | $423.09M | -46.5% |
| Current debt | $268.13M | $287.36M | $347.03M | $320.11M | -6.7% |
| Long-term debt | $1.25B | $1.41B | $2.00B | $2.26B | -11.6% |
| Total debt | $1.51B | $1.72B | $2.65B | $2.58B | -12.0% |
| Total liabilities | $1.70B | $2.58B | $2.85B | $2.74B | -34.0% |
| Retained earnings | $868.73M | $1.28B | $1.05B | $746.66M | -32.1% |
| Shareholder equity | $2.09B | $2.51B | $2.38B | $2.16B | -17.0% |
| Working capital | $292.10M | $294.66M | $454.89M | $591.53M | -0.9% |
| Net tangible assets | $2.09B | $2.51B | $2.38B | $2.16B | -17.0% |
| Shares issued | 131.59M | 130.96M | 129.38M | 127.04M | +0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $396.55M | $407.34M | $518.90M | $554.69M | -2.7% |
| Depreciation & amortisation | $129.67M | $126.35M | $126.52M | $166.20M | +2.6% |
| Stock-based compensation | $6.98M | $8.43M | $5.85M | $7.09M | -17.2% |
| Change in working capital | -$1.64M | $10.78M | -$36.21M | -$41.59M | -115.3% |
| Operating cash flow | $544.27M | $537.72M | $331.37M | $581.59M | +1.2% |
| Capital expenditure | -$302.12M | -$107.62M | -$206.46M | -$61.90M | -180.7% |
| Investing cash flow | -$169.01M | -$79.51M | -$120.91M | $42.49M | -112.6% |
| Share buybacks | $0 | -$114.35M | -$60.00M | -$60.09M | +100.0% |
| Dividends paid | -$79.29M | -$74.15M | -$71.87M | -$119.55M | -6.9% |
| Financing cash flow | -$582.92M | -$505.48M | -$296.81M | -$166.05M | -15.3% |
| Free cash flow | $242.16M | $430.10M | $124.90M | $519.70M | -43.7% |
| End cash position | $570.28M | $777.94M | $825.20M | $811.56M | -26.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $209.19M | $211.06M | $211.97M | $225.17M | $217.90M | -0.9% |
| Operating revenue | $209.19M | $211.06M | $211.97M | $225.17M | $217.90M | -0.9% |
| Cost of revenue | $98.07M | $98.43M | $97.91M | $95.76M | $94.22M | -0.4% |
| Gross profit | $111.11M | $112.63M | $114.06M | $129.41M | $123.68M | -1.3% |
| Selling, general & admin | $5.26M | $7.67M | $5.96M | $3.96M | $4.40M | -31.4% |
| Total operating expense | $12.71M | $15.00M | $13.36M | $11.30M | $11.53M | -15.3% |
| Operating income | $98.40M | $97.63M | $100.70M | $118.11M | $112.15M | +0.8% |
| Net interest income | -$16.28M | -$16.71M | -$22.67M | -$20.32M | -$16.78M | +2.6% |
| Pre-tax income | $83.90M | $81.90M | $79.15M | $99.35M | $106.12M | +2.4% |
| Net income | $82.65M | $80.40M | $77.84M | $97.91M | $88.69M | +2.8% |
| Net income to common | $77.36M | $75.29M | $72.61M | $92.62M | $83.41M | +2.8% |
| Basic EPS | 0.64 | 0.62 | 0.60 | 0.77 | 0.69 | +3.2% |
| Diluted EPS | 0.64 | 0.62 | 0.60 | 0.77 | 0.69 | +3.2% |
| EBIT | $100.90M | $100.32M | $100.73M | $121.34M | $128.38M | +0.6% |
| EBITDA | $133.54M | $133.16M | $134.20M | $154.01M | $128.38M | +0.3% |
| Basic shares | 120.74M | 120.59M | 120.43M | 120.28M | 120.12M | +0.1% |
| Diluted shares | 120.74M | 120.59M | 120.43M | 120.28M | 120.12M | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $353.78M | $575.11M | $519.85M | $505.04M | $442.70M | — | -38.5% |
| Cash & short-term investments | $431.48M | $653.70M | $594.20M | $558.46M | $510.67M | — | -34.0% |
| Accounts receivable | $16.11M | $14.44M | $11.58M | $10.47M | $5.18M | — | +11.5% |
| Inventory | $15.87M | $14.18M | $14.12M | $14.70M | $14.13M | — | +11.9% |
| Total current assets | $598.10M | $769.10M | $690.67M | $663.83M | $618.92M | — | -22.2% |
| Property, plant & equipment | $2.97B | $2.72B | $2.74B | $2.76B | $2.70B | — | +9.2% |
| Goodwill & intangibles | — | — | $0 | $0 | $7.00K | $31.00K | — |
| Total assets | $4.01B | $3.92B | $3.86B | $3.86B | $3.74B | — | +2.1% |
| Total current liabilities | $371.67M | $392.21M | $398.57M | $394.56M | $369.18M | — | -5.2% |
| Current debt | $231.67M | $254.34M | $268.13M | $272.07M | $282.23M | — | -8.9% |
| Long-term debt | $1.27B | $1.24B | $1.25B | $1.31B | $1.31B | — | +2.7% |
| Total debt | $1.50B | $1.49B | $1.51B | $1.58B | $1.59B | — | +0.7% |
| Total liabilities | $1.72B | $1.70B | $1.70B | $1.76B | $1.72B | — | +1.0% |
| Retained earnings | $993.57M | $930.03M | $868.73M | $809.97M | $731.12M | — | +6.8% |
| Shareholder equity | $2.22B | $2.15B | $2.09B | $2.03B | $1.95B | — | +3.1% |
| Working capital | $226.44M | $376.89M | $292.10M | $269.26M | $249.75M | — | -39.9% |
| Net tangible assets | $2.22B | $2.15B | $2.09B | $2.03B | $1.95B | — | +3.1% |
| Shares issued | 120.89M | 131.74M | 131.59M | 131.43M | 120.11M | — | -8.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $83.90M | $81.90M | $79.15M | $99.35M | — | $111.92M | +2.4% |
| Depreciation & amortisation | $32.64M | $32.84M | $33.47M | $32.67M | $21.85M | — | -0.6% |
| Stock-based compensation | $2.10M | $2.53M | $2.36M | $1.78M | $1.36M | — | -17.0% |
| Change in working capital | -$20.92M | -$9.41M | $4.41M | -$5.42M | — | $1.16M | -122.2% |
| Operating cash flow | $101.78M | $112.40M | $118.05M | $135.62M | $136.00M | — | -9.4% |
| Capital expenditure | -$357.70M | -$86.91M | -$51.89M | -$104.68M | — | -$4.66M | -311.6% |
| Investing cash flow | -$312.79M | -$14.61M | -$26.67M | -$44.50M | -$110.30M | — | -2,040.4% |
| Share buybacks | — | — | $0 | — | — | — | — |
| Dividends paid | -$19.87M | -$21.47M | -$19.84M | -$19.72M | -$19.70M | — | +7.4% |
| Financing cash flow | -$10.59M | -$43.08M | -$90.67M | -$27.14M | — | -$16.18M | +75.4% |
| Free cash flow | -$255.92M | $25.49M | $66.16M | $30.94M | $136.00M | — | -1,103.8% |
| End cash position | $403.39M | $624.98M | $570.28M | $569.56M | $505.58M | — | -35.5% |
Options analytics
Put / call volume
0.18
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
14.00
-7.3% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
38
Contracts, this expiry
Put volume
7
Contracts, this expiry
Heaviest call OI
15.00
0 contracts
Heaviest put OI
14.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.48 | 0.64 | +33.3% |
| Mar 2026 | 0.69 | 0.63 | -8.7% |
| Dec 2025 | 0.54 | 0.60 | +11.1% |
| Sep 2025 | 0.71 | 0.81 | +14.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.66 | 1 | $209.12M | +5.3% |
| Next quarter | 0.61 | 1 | $203.90M | +9.7% |
| Current year | 2.74 | 1 | $833.26M | +6.4% |
| Next year | 2.78 | 1 | $830.69M | -0.3% |
Analyst targets & ownership
Mean target$20.00
High target$21.00
Low target$19.00
Implied upside32.45%
Analyst count2
ConsensusNONE
Strong buy / Buy0 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders61.52%
Held by institutions34.39%
Institutions holding267
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
14.92
+1.21% from price
SMA 20
15.04
+0.41% from price
SMA 50
15.08
+0.12% from price
SMA 100
15.32
-1.41% from price
SMA 200
15.97
-5.46% from price
EMA 12
15.06
+0.24% from price
EMA 26
15.07
+0.21% from price
EMA 50
15.13
-0.21% from price
RSI (14)
50.6
Neutral
MACD (12,26,9)
-0.00
Hist 0.04
ATR (14)
0.43
2.87% of price
Realised vol 30D
30.4%
Annualised
Bollinger upper
15.60
20, 2σ
Bollinger lower
14.48
20, 2σ
50 / 200 cross
Death
15.08 vs 15.97
Trend bias
Below 200
-5.46%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.72
Less volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
30.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-21.9%
Peak to trough
Max drawdown 5Y
-60.1%
Peak to trough
ATR 14
0.43
2.87% of price
Beta (reported)
0.97
5Y monthly, from filing
Short interest
Shares short
2.46M
Prior 2.08M
Change vs prior
+18.3%
Shorts adding
% of float
5.57%
Normal
% of shares out
2.03%
Against total outstanding
Days to cover
6.7
Crowded exit
Float
46.51M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 5, 26 | Freedom Broker | UPGRADE | Hold | Buy |
| Nov 4, 25 | Jefferies | MAINTAINED | Hold | Hold |
| Feb 5, 25 | Jefferies | MAINTAINED | Hold | Hold |
| Nov 1, 24 | Jefferies | MAINTAINED | Hold | Hold |
| Jul 31, 24 | Jefferies | MAINTAINED | Hold | Hold |
| Jul 24, 24 | Stifel | MAINTAINED | Hold | Hold |
| May 10, 24 | Jefferies | MAINTAINED | Hold | Hold |
| Apr 19, 24 | Stifel | MAINTAINED | Hold | Hold |
| Oct 24, 23 | Citigroup | MAINTAINED | Buy | Buy |
| Apr 24, 23 | Jefferies | DOWNGRADE | Buy | Hold |
| Feb 8, 23 | Jefferies | MAINTAINED | — | Buy |
| Jan 13, 23 | Stifel | DOWNGRADE | Buy | Hold |
Dividends & splits
Forward rate$0.50 / yr
Forward yield3.31%
5-year avg yield3.72%
Payout ratio17.42%
Ex-dividend dateOct 20, 2026
Next pay dateNov 5, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-01
Corporate Changes & Voting Matters
6-K · 2026-08-13
Corporate Changes & Voting Matters
6-K · 2026-08-12
Corporate Changes & Voting Matters
6-K · 2026-07-27
Corporate Changes & Voting Matters
6-K · 2026-07-13
Corporate Changes & Voting Matters
6-K · 2026-07-01
Corporate Changes & Voting Matters
6-K · 2026-05-20
Corporate Changes & Voting Matters
6-K · 2026-04-29
Headlines
Costamare Inc. Announces Election of Class I Director at 2026 Annual Meeting of Stockholders
GlobeNewswire · 18h ago
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
GlobeNewswire · 6d ago
Costamare Bulkers (CMDB) Banks Cash While Betting On A Bulk Rebound
Insider Monkey · 26d ago
Costamare Insider Sold Shares Worth $917,916, According to a Recent SEC Filing
MT Newswires · 68d ago
Costamare: Q2 Earnings Snapshot
Associated Press · 72d ago
Costamare's Q2 Adjusted Earnings, Revenue Decline
MT Newswires · 72d ago
Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026
GlobeNewswire · 72d ago
Costamare Inc. Sets the Date for Its Second Quarter 2026 Results Release
GlobeNewswire · 75d ago
PRIVATE STRATEGY · BY QUALIFICATION
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