Costamare Bulkers Holdings Limited is experiencing selling pressure from Costamare shareholders, leading to a stock price at one third of its NAV, presenting a potential trade. The company has a strong financial position with low leverage and a focus on growth through its CBI platform and returning capital to shareholders, primarily through dividends. While there is potential for a 50% upside if the stock re-rates to half its NAV, long-term investment success hinges on management performance and consistent profitability.
Costamare Inc. (NYSE:CMRE ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the First Quarter 2025 Financial Results. We have with us Mr.
Costamare (CMRE) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.63 per share a year ago.
Marine Shipping Industry | Industrials Sector | Mr. Konstantinos V. Konstantakopoulos CEO | XSTU Exchange | MHY1771G1026 ISIN |
MC Country | 2,430 Employees | 17 Apr 2025 Last Dividend | - Last Split | 4 Nov 2010 IPO Date |
Costamare Inc. stands as a significant player in the global shipping industry, focusing on the ownership and operation of containerships and dry bulk vessels. The company charters its diverse fleet to liner companies, which in turn, cater to the worldwide transportation of cargoes. With a rich history dating back to 1974, Costamare Inc. has established its headquarters in Monaco, affirming its presence in the international maritime sector. As of March 19, 2024, the company boasts a substantial fleet that includes 68 containerships and 37 dry bulk vessels, showcasing its capability to meet the expansive needs of global trade and freight transport.
Costamare Inc. provides containership chartering services, offering a variety of containerships that range in size and capacity. These vessels are leased to liner companies, facilitating the efficient movement of containerized cargoes across major global trading routes. Through its fleet of containerships, Costamare Inc. plays a pivotal role in enabling international trade, ensuring timely and secure transport of goods frequented by consumers and industries worldwide.
In addition to containerships, Costamare Inc. operates a fleet of dry bulk vessels that are chartered to clients involved in the transportation of bulk cargoes. These vessels are essential for carrying large quantities of unpackaged goods such as grains, coal, metal ores, and other commodities that are fundamental to global commerce. The company's dry bulk vessels contribute significantly to the maritime transport sector, providing versatile solutions for the bulk cargo market with an emphasis on safety, efficiency, and reliability.