Headlines about Costamare (NYSE:CMRE) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Costamare earned a daily sentiment score of 0.03 on Accern’s scale. Accern also gave media stories about the shipping company an impact score of 45.8453121253988 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media stories that may have impacted Accern’s analysis:

Several research analysts recently commented on CMRE shares. Zacks Investment Research raised Costamare from a “sell” rating to a “hold” rating in a research report on Monday, October 30th. Credit Suisse Group set a $7.00 target price on Costamare and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Stifel Nicolaus reissued a “hold” rating and set a $7.00 price objective on shares of Costamare in a report on Thursday, October 12th. ValuEngine cut Costamare from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, BidaskClub raised Costamare from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $7.04.

Shares of Costamare (CMRE) traded up $0.04 during midday trading on Friday, hitting $5.64. The company’s stock had a trading volume of 351,300 shares, compared to its average volume of 815,019. The company has a market capitalization of $603.68, a PE ratio of 6.36, a PEG ratio of 1.48 and a beta of 2.10. Costamare has a 12 month low of $5.07 and a 12 month high of $8.18. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92 and a current ratio of 0.96.

Costamare (NYSE:CMRE) last issued its quarterly earnings data on Tuesday, October 24th. The shipping company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.01. The company had revenue of $98.40 million during the quarter, compared to analysts’ expectations of $100.24 million. Costamare had a return on equity of 7.57% and a net margin of 14.03%. The business’s revenue was down 14.7% on a year-over-year basis. During the same period last year, the business earned $0.37 earnings per share. equities analysts forecast that Costamare will post 0.76 EPS for the current year.

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About Costamare

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.

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