Costamare Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 9.06
Dividend & Yield0.46$ (4.30%)
Beta 1.39
Market capitalization 1.3B
Operating cash flow N/A
ESG Scores unknown

Company description

Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.

Sector: Industrials - Industry: Marine Shipping

Financial Ratios
Quick Ratio1.09
Working Capital7.76
Return On Equity0.25
Debt To Equity1.26
Fixed Asset Ratio0
Fixed Interest Cover4.65

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -1.56M 3.32M 20.99M
Total Cashflows From Investing Activities -8.86M -36.4M -787.46M
Net Borrowings -149.61M -165.13M 570M
Total Cash From Financing Activities -212.15M -241.86M 482.59M
Change To Operating Activities -3.36M 8.63M 2.62M
Issuance Of Stock
Net Income 99M 8.88M 435.12M 554.96M
Change In Cash 29.38M -3.98M 161.63M
Effect Of Exchange Rate
Total Cash From Operating Activities 250.39M 274.28M 466.49M
Depreciation 113.59M 108.83M 136.47M
Change To Account Receivables 11.31M 25.1M -24.13M
Other Cashflows From Financing Activities -3.89M -9.57M -16.14M
Change To Netincome 17.5M 106.74M -111.8M
Capital Expenditures -61.98M -101.92M -992.09M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 99M 8.88M 435.12M 554.69M
Net Income 99M 8.88M 435.12M 554.96M
Selling General Administrative 30.75M 32.63M 46.44M 66.26M
Gross Profit 342.49M 320.32M 578.83M 766.65M
Ebit 198.28M 178.99M 395.43M 534.39M
Operating Income 198.28M 178.99M 395.43M 534.39M
Interest Expense -89.16M -70.5M -85.11M -122.23M
Income Tax Expense
Total Revenue 478.11M 460.32M 793.64M 1.11B
Cost Of Revenue 135.62M 140M 214.81M 347.2M
Total Other Income ExpenseNet -99.28M -170.11M 39.69M 20.3M
Net Income From Continuing Ops 99M 8.88M 435.12M 554.69M
Net Income Applicable To Common Shares 67.73M -21.59M 404.05M 523.89M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.6B 1.66B 2.68B 2.74B
Total Stockholder Equity 1.41B 1.35B 1.73B 2.16B
Other Current Liabilities 12.48M 14.27M 33.12M 30.94M
Total Assets 3.01B 3.01B 4.41B 4.9B
Common Stock 12k 12k 12k 12k
Other Current Assets 12.76M 18.14M 88.3M 90.82M
Retained Earnings 60.58M -9.72M 341.48M 746.66M
Treasury Stock -1.21M -7.96M -2.23M -13.67M
Cash 148.93M 143.92M 276M 718.05M
Total Current Liabilities 266.53M 206.97M 370.03M 423.09M
Other Stockholder Equity -1.21M -7.96M -2.23M 46.42M
Property, Plant, and Equipment 2.62B 2.65B 3.84B 3.67B
Total Current Assets 197.24M 192.05M 426.12M 1.01B
Net Tangible Assets 1.41B 1.35B 1.73B 2.16B
Net Receivables 16.58M 10.68M 31.86M 47.08M
Accounts Payable 6.21M 7.58M 18.86M 18.16M


Insider Transactions

Here are the insider transactions of stock shares related to Costamare Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Costamare Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Costamare Inc

Here is the result of two systematic investment strategies applied to Costamare Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Costamare Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Costamare Inc:

Costamare Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 135.77% on the backtest period.

Performance at glance

Performance

135.77 %

Latent gain

3049.33 $

Invested capital

2246.03 $

Annualized return

32.79 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Costamare Inc

This is the result of two momentum investment strategies applied to Costamare Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Costamare Inc

The following chart shows all the entries opened by the momentum investment system on Costamare Inc:

Costamare Inc momentum entries
  • The first momentum investment strategy would give 161.88% of return on Costamare Inc. That represents 6877.86$ of latent gain with 4248.7$ of employed capital.
  • The second momentum investment strategy would give 174.31% of return on Costamare Inc. That represents 4356.35$ of latent gain with 2499.25$ of employed capital.
Performance at glance (1Q Momentum)

Performance

161.88 %

Latent gain

6877.86 $

Invested capital

4248.7 $

Annualized return

51.21 %
Performance at glance (2Q Momentum)

Performance

174.31 %

Latent gain

4356.35 $

Invested capital

2499.25 $

Annualized return

47.63 %

Momentum equity curve on Costamare Inc

The following chart shows the equity curve of the two momentum strategies applied to Costamare Inc:

Costamare Inc momentum equity

Note: the dividends potentially given by Costamare Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Costamare Inc

The following chart shows the employed capital evolution of the two momentum strategies on Costamare Inc since the beginning:

Costamare Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Costamare Inc

Buy the dip entry openings on Costamare Inc

Costamare Inc

The performance achieved by the robo-advisor on Costamare Inc is 109.6%. That represents 1368.0$ of latent gain with 1248.16$ of employed capital. The following chart shows Costamare Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Costamare Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

109.6 %

Latent gain

1368.0 $

Invested capital

1248.16 $

Annualized return

51.21 %

Equity curve of the strategy applied to Costamare Inc

The following chart shows the result of the investment strategy applied to Costamare Inc:

Costamare Inc

Note: the dividends potentially given by Costamare Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Costamare Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Costamare Inc:

Costamare Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Costamare Inc

In this section, I will compare the three previous investment strategies applied to Costamare Inc.

Equity curve comparison on Costamare Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Costamare Inc investment strategy comparison

Employed capital comparison on Costamare Inc

Costamare Inc investment comparison

Performance comparison on Costamare Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 135.77% 3049.33$ 2246.03$ 32.79%
Momentum 1 quarter 161.88% 6877.86$ 4248.7$ 41.51%
Momentum 2 quarters 174.31% 4356.35$ 2499.25$ 47.63%
Non-directional 109.6% 1368.0$ 1248.16$ 51.21%
Annualized return comparison

Automatic investment

32.79 %

Momentum 1Q

47.63 %

Momentum 2Q

47.63 %

Non-directional

51.21 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Costamare Inc:

Positive correlations

Most correlated stocks this year

  • Costamare Inc

  • Most correlated stocks last 3 months

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  • First Trust Natural Gas ETF
  • PEYTO EXPLORATION AND DVLPMNT CORP.
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  • Southside Bancshares Inc
  • Fulton Financial Corp
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  • First Mid Bancshares Inc
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  • Negative correlation

    Most negatively correlated stocks this year

  • ProShares UltraShort Financials -2x Shares

  • Most negatively correlated stocks last 3 months

  • CR CONSTRUCTION
  • AdvisorShares Dorsey Wright Short ETF -1x Shares

  • Note: The algorithm computes the probability of correlation between Costamare Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Costamare Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Costamare Inc
    Country Monaco
    City Monaco
    Address 7 Rue du Gabian
    Phone 377 93 25 09 40
    Website www.costamare.com
    FullTime employees
    Industry Marine Shipping
    Sector Industrials
    Exchange XNYS
    Ticker CMRE
    Market www.nyse.com

    Costamare Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown