Costamare (CMRE) Given Daily Media Impact Score of 0.15

Headlines about Costamare (NYSE:CMRE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Costamare earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the shipping company an impact score of 46.6420547965898 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern’s scoring:

CMRE has been the topic of several research analyst reports. Zacks Investment Research downgraded shares of Costamare from a “hold” rating to a “sell” rating in a report on Friday, January 12th. ValuEngine raised shares of Costamare from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Costamare currently has an average rating of “Hold” and an average price target of $6.83.

Costamare (NYSE CMRE) traded up $0.01 during mid-day trading on Tuesday, hitting $6.44. 65,780 shares of the stock traded hands, compared to its average volume of 629,339. Costamare has a 1 year low of $5.45 and a 1 year high of $8.18. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.82 and a quick ratio of 0.78. The stock has a market capitalization of $690.11, a P/E ratio of 11.96 and a beta of 2.11.

Costamare (NYSE:CMRE) last released its earnings results on Tuesday, January 23rd. The shipping company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. Costamare had a net margin of 17.67% and a return on equity of 7.28%. The firm had revenue of $99.20 million for the quarter, compared to the consensus estimate of $97.52 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. equities analysts expect that Costamare will post 0.72 EPS for the current fiscal year.

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Costamare Company Profile

Costamare Inc (Costamare) is a holding company. The Company is an international owner of containerships. The Company is engaged in chartering its vessels to various liner companies. The Company provides marine transportation services around the world by chartering its container vessels to liner operators under long, medium and short-term time charters.

Insider Buying and Selling by Quarter for Costamare (NYSE:CMRE)

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