Costamare (CMRE) Stock Forecast, Price Target & Predictions


OverviewOwnershipChartTranscripts

CMRE Stock Forecast


Costamare (CMRE) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $14.50, with a high of $15.00 and a low of $14.00. This represents a 57.78% increase from the last price of $9.19.

$9 $10 $11 $12 $13 $14 $15 $16 $17 High: $15 Avg: $14.5 Low: $14 Last Closed Price: $9.19

CMRE Stock Rating


Costamare stock's rating consensus is Hold, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (37.50%), 5 Hold (62.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 8 5 3 0 Strong Sell Sell Hold Buy Strong Buy

CMRE Price Target Upside V Benchmarks


TypeNameUpside
StockCostamare57.78%
SectorIndustrials Stocks 12.29%
IndustryMarine Shipping Stocks37.65%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$14.00
Last Closing Price$9.19$9.19$9.19
Upside/Downside--52.34%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25--1--1
May, 25--2--2
Apr, 25--2--2
Mar, 25--2--2
Feb, 25--2--2
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 24, 2024Benjamin NolanStifel Nicolaus$14.00$14.79-5.34%52.34%
Feb 08, 2023Jefferies$15.00$10.0649.11%63.22%
Jul 19, 2022Stifel Nicolaus$15.00$11.5130.32%63.22%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Dec 13, 2023RBC CapitalUnderperformUnderperformhold
Sep 28, 2023CitigroupNeutralNeutralhold
Jun 09, 2023Morgan StanleyUnderweightUnderweighthold
Feb 08, 2023JefferiesBuyBuyhold

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.59$3.28$4.26$3.21----
Avg Forecast$0.99$2.31$3.38$2.01$2.74$2.78$2.46$2.18
High Forecast$1.11$2.58$3.69$2.04$2.77$2.82$2.46$2.18
Low Forecast$0.88$2.04$3.08$2.00$2.71$2.72$2.46$2.18
Surprise %-159.60%41.99%26.04%59.70%----

Revenue Forecast

$0 $400M $800M $1B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$460.32M$793.64M$1.11B$1.51B----
Avg Forecast$459.67M$766.47M$1.08B$1.22B$1.57B$1.28B$1.17B$764.48M
High Forecast$500.67M$834.83M$1.15B$1.22B$1.57B$1.28B$1.17B$764.48M
Low Forecast$418.67M$698.11M$1.00B$1.21B$1.57B$1.28B$1.17B$764.48M
Surprise %0.14%3.54%3.53%23.56%----

Net Income Forecast

$-100M $40M $180M $320M $460M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-71.75M$435.12M$554.96M$385.75M----
Avg Forecast$24.86M$277.73M$383.46M$354.68M$329.62M$333.23M$295.33M$262.32M
High Forecast$53.06M$309.94M$460.16M$425.62M$333.23M$339.83M$295.33M$262.32M
Low Forecast$-3.34M$245.53M$306.77M$283.74M$326.01M$326.63M$295.33M$262.32M
Surprise %-388.63%56.67%44.72%8.76%----

CMRE Forecast FAQ


Is Costamare stock a buy?

Costamare stock has a consensus rating of Hold, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 5 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Costamare is a neutral investment for most analysts.

What is Costamare's price target?

Costamare's price target, set by 8 Wall Street analysts, averages $14.5 over the next 12 months. The price target range spans from $14 at the low end to $15 at the high end, suggesting a potential 57.78% change from the previous closing price of $9.19.

How does Costamare stock forecast compare to its benchmarks?

Costamare's stock forecast shows a 57.78% upside, outperforming the average forecast for the industrials stocks sector (12.29%) and outperforming the marine shipping stocks industry (37.65%).

What is the breakdown of analyst ratings for Costamare over the past three months?

  • June 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 0% Strong Buy, 0% Buy, 100.00% Hold, 0% Sell, 0% Strong Sell.

What is Costamare’s EPS forecast?

Costamare's average annual EPS forecast for its fiscal year ending in December 2024 is $2.74, marking a -14.64% decrease from the reported $3.21 in 2023. Estimates for the following years are $2.78 in 2025, $2.46 in 2026, and $2.18 in 2027.

What is Costamare’s revenue forecast?

Costamare's average annual revenue forecast for its fiscal year ending in December 2024 is $1.57B, reflecting a 3.92% increase from the reported $1.51B in 2023. The forecast for 2025 is $1.28B, followed by $1.17B for 2026, and $764.48M for 2027.

What is Costamare’s net income forecast?

Costamare's net income forecast for the fiscal year ending in December 2024 stands at $329.62M, representing a -14.55% decrease from the reported $385.75M in 2023. Projections indicate $333.23M in 2025, $295.33M in 2026, and $262.32M in 2027.