Costamare Inc. Common Stock $0.0001 par value (CMRE)
8.9500
-0.5900 (-6.18%)
NYSE · Last Trade: Apr 5th, 2:37 AM EDT
Detailed Quote
Previous Close
9.540
Open
9.090
Bid
8.650
Ask
9.210
Day's Range
8.760 - 9.105
52 Week Range
8.760 - 17.58
Volume
959,887
Market Cap
1.07B
PE Ratio (TTM)
4.242
EPS (TTM)
2.1
Dividend & Yield
0.4600 (5.14%)
1 Month Average Volume
505,634
Chart
About Costamare Inc. Common Stock $0.0001 par value (CMRE)
Costamare Inc. is a prominent provider of dry bulk and container shipping services, primarily operating a fleet of modern, high-quality vessels. The company specializes in the acquisition, ownership, and chartering of container ships, serving a diverse clientele in the global shipping industry. With a commitment to operational excellence and innovative solutions, Costamare aims to enhance maritime logistics and contribute to the efficiency of international trade. Through strategic partnerships and a focus on sustainability, the company plays a vital role in the supply chain, facilitating the movement of goods across the world's oceans. Read More
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Costamare plans to spin off its dry bulk business into a standalone company, creating two publicly traded entities specialized in distinct shipping sectors. This move will enhance operational and financial flexibility and provide investors with tailored investment opportunities.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargo worldwide.
