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Costamare Inc - CMRE STOCK NEWS

Welcome to our dedicated news page for Costamare (Ticker: CMRE), a resource for investors and traders seeking the latest updates and insights on Costamare.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Costamare's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Costamare's position in the market.

Rhea-AI Summary
Costamare Inc. (NYSE: CMRE) declares cash dividends for its preferred and common stocks. Dividends range from US $0.476563 to US $0.554688 per share. The dividend payment dates vary for different stock classes. The company also announces a quarterly dividend of US $0.115 per share for common stock. The declaration of dividends is subject to various factors including earnings, financial condition, and global economic conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
dividends
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Rhea-AI Summary
Costamare Inc. (NYSE: CMRE) has filed its Annual Report on Form 20-F for the fiscal year 2023, providing access to detailed financial statements. Stockholders can obtain a free hard copy by contacting the investor relations manager.
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End-of-Day
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Rhea-AI Summary
Costamare Inc. reported unaudited financial results for Q4 2023 and FY 2023, with net income available to common stockholders of $354.7 million for FY 2023 and $96.6 million for Q4 2023. The company's year-end liquidity was $989.0 million. Costamare Bulkers Inc. has fixed a fleet of 51 dry bulk vessels, and the company's investment in Neptune Maritime Leasing Limited is $123.2 million. The company concluded the sale of several dry bulk vessels and acquired equity interest in a containership. Additionally, a new debt financing of up to $60 million was secured. The owned fleet charter update shows that 95% and 78% of the containership fleet is fixed for 2024 and 2025, respectively. Costamare declared dividends for common and preferred stock and has available funds remaining under the share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.8%
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Rhea-AI Summary
Costamare Inc. (NYSE:CMRE) will release its Q4 2023 financial results on February 7, 2024, before the market opens in New York. The management team will hold a conference call to discuss the results at 8:30 a.m. ET on the same day. Participants can join the call using the provided numbers, with a replay available until February 14, 2024. Additionally, there will be a live webcast on Costamare Inc.'s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
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Rhea-AI Summary
Costamare Inc. (CMRE) Declares Dividends on Preferred and Common Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
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dividends
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Rhea-AI Summary
Costamare Inc. reported unaudited financial results for Q3 2023 and nine-months ended September 30, 2023. Q3 2023 Net Income available to common stockholders was $53.3 million ($0.45 per share). Q3 2023 liquidity was $996.9 million. The company repurchased 882,316 common shares for $10 million. Costamare Bulkers Inc. fixed a fleet of 59 dry bulk vessels on period charters. The company has a controlling interest in Neptune Maritime Leasing Limited with an investment of $73.7 million. The company secured new debt financing for the acquisition of two dry bulk vessels. The owned containership fleet has contracted revenues of approximately $2.7 billion. The company concluded several vessel acquisitions and sales. Dividends were declared for common stock and preferred stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
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Rhea-AI Summary
Costamare Inc. will release its Q3 2023 results on November 1, 2023, before the market opens. A conference call will be held at 8:30 a.m. ET to discuss the financial results. A replay of the conference call will be available until November 8, 2023. A live webcast will also be available on the Costamare Inc. website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
-
Rhea-AI Summary
Costamare Inc. announced the election of Konstantinos Zacharatos as Class I director and the ratification of Ernst & Young as independent auditors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
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none
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Rhea-AI Summary
Costamare Inc. declares cash dividends on its preferred stocks and common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
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dividends
Rhea-AI Summary
Costamare Inc. reports unaudited financial results for Q2 2023; Net Income of $63.2 million, liquidity of $1,059 million. Share repurchase program of $50.0 million. Costamare Bulkers Inc. fixes fleet of 56 dry bulk vessels. Conclusion of refinancing of existing indebtedness. Containership fleet fixed for 99% and 87% for 2023 and 2024, respectively. Acquisition and sale agreements for vessels. Dividends declared. CFO highlights belief in undervalued share price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22%
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Costamare Inc

NYSE:CMRE

CMRE Rankings

CMRE Stock Data

1.31B
45.49M
64.22%
22.52%
1.07%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
Monaco
7 Rue Du Gabian

About CMRE

Costamare Inc. is a Greek and Marshall Islands corporation and one of the leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece.