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Costamare Inc. - $CMRE STOCK NEWS

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

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. 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.
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22%
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-0.92%
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Rhea-AI Summary
Costamare Inc. has announced that its Board of Directors has called an annual meeting of stockholders to be held virtually on October 3, 2023. Stockholders of record as of August 8, 2023, will be entitled to receive notice and vote at the meeting. The notice and proxy statement will be sent to stockholders on or around August 9, 2023.
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0.6%
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Rhea-AI Summary
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-0.5%
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management
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3.83%
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Rhea-AI Summary
Costamare Inc. reported unaudited financial results for Q1 2023. Net Income available to common stockholders was $141.6 million ($1.16 per share), and Adjusted Net Income available to common stockholders was $46.5 million ($0.38 per share). Q1 2023 liquidity was $1,076.0 million. Costamare Bulkers Inc. had its first full operational quarter and currently has a fleet of 51 dry bulk vessels on period charters. Costamare also participated in Neptune Maritime Leasing Limited with an equity investment of up to $200 million. The company refinanced existing indebtedness of 7 containerships and announced dividend payments.
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2.52%
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0.84%
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-0.65%
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dividends
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-2.02%
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Rhea-AI Sentiment
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-3.21%
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Costamare Inc.

NYSE:CMRE

CMRE Rankings

CMRE Stock Data

1.48B
45.49M
64.22%
22.52%
1.07%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
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.