Research analysts who have asked questions during Costamare earnings calls.
Climent Molins
Value Investors
5 questions for CMRE
Also covers: CLCO, CMBT, DAC +11 more
Omar Nokta
Jefferies
4 questions for CMRE
Also covers: AMKBY, ASC, CCEC +21 more
BN
Benjamin Nolan
Stifel
2 questions for CMRE
Also covers: ASC, CDLR, CNI +17 more
Pernille Buhl
Stifel
2 questions for CMRE
CM
Clement Mullins
Value Investors Edge
1 question for CMRE
Also covers: BWLPG, CMDB, DAC +2 more
Recent press releases and 8-K filings for CMRE.
Costamare Inc. Reports Q3 2025 Nine-Month Financial Results and Future Commitments
CMRE
Earnings
New Projects/Investments
Dividends
- For the nine-month period ended September 30, 2025, Costamare Inc. reported total revenues of $665,928 thousand and net income attributable to Costamare Inc. of $286,731 thousand.
- Earnings per common share (basic and diluted) for the nine-month period ended September 30, 2025, was $2.26, an increase from $2.19 in the prior year period.
- As of September 30, 2025, the company had capital commitments totaling $526.9 million, primarily for six newbuild vessels and the acquisition of nine vessels through NML.
- The aggregate outstanding balance of annual repayments for total long-term debt after September 30, 2025, is $1,591,669 thousand.
- The company declared and paid $0.115 per common share in dividends for the fourth quarter of 2024, and the first and second quarters of 2025.
Nov 25, 2025, 12:48 PM
Costamare Inc. Reports Q3 2025 Financial Results and Operational Highlights
CMRE
Earnings
Dividends
New Projects/Investments
- Costamare Inc. reported Q3 2025 Adjusted Net Income from Continuing operations available to common stockholders of $103.1 million and Adjusted Earnings per Share of $0.86. The company's liquidity stood at $569.6 million.
- The containership fleet is 100% fixed for 2025 and 80% fixed for 2026, with total contracted revenues for the fleet at approximately $2.6 billion with a TEU-weighted duration of 3.2 years as of November 3, 2025.
- The company concluded shipbuilding contracts for two additional 3,100 TEU containerships, bringing total newbuilding orders to six, with delivery expected in Q1 2028 and each vessel commencing an 8-year charter upon delivery.
- Costamare refinanced approximately $361.6 million of existing indebtedness, with no significant debt maturities until 2027, and declared a regular Q3 2025 dividend of $0.115 per share, marking its 60th consecutive quarterly common dividend.
Nov 4, 2025, 1:30 PM
Costamare reports Q3 2025 financial results and operational updates
CMRE
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Costamare reported net income of $93 million or $0.77 per share for Q3 2025, with liquidity standing at approximately $560 million.
- The company exercised options for two additional 3,100 TEU containerships, bringing the total newbuilding orders to six, all scheduled for delivery in Q1 2028 with eight-year time charters.
- New chartering agreements for eight vessels increased contracted revenues by over $310 million, contributing to total contracted revenues of $2.6 billion with a remaining time charter duration of about 3.2 years.
- Fleet deployment is 100% fixed for 2025 and 80% for 2026.
- The charter market remains strong with an idle fleet of less than 1%, indicating a fully employed market and healthy charter rates.
Nov 4, 2025, 1:30 PM
Costamare Inc. Reports Q3 2025 Results and Operational Updates
CMRE
Earnings
New Projects/Investments
Guidance Update
- Costamare Inc. reported Net Income from Continuing operations available to common stockholders of $92.6 million ($0.77 per share) for the third quarter ended September 30, 2025.
- The company's containership fleet is 100% fixed for 2025 and 80% for 2026, with total contracted revenues of approximately $2.6 billion and a TEU-weighted duration of 3.2 years ,.
- Costamare Inc. ordered two additional 3,100 TEU containership newbuildings, bringing the total to six, with delivery expected in Q1 2028 and each vessel commencing an 8-year charter upon delivery.
- As of September 30, 2025, the company's liquidity stood at $569.6 million, and it has no significant debt maturities until 2027.
Nov 4, 2025, 12:15 PM
Costamare Inc. issues high-vote preferred stock to alter voting control
CMRE
- Costamare Inc. (CMRE) issued 1,200 shares of new Series F Preferred Stock to Konstantinos Konstantakopoulos for $1,200 on October 15, 2025.
- Each Series F Preferred Stock share grants 50,000 votes but has no dividend or distribution rights and is only entitled to its par value of $0.0001 per share upon liquidation.
- The issuance aims to prevent U.S. persons from controlling over 25% of the Company's voting power, a strategic move in response to China's announcement on special port fees for U.S.-linked vessels.
- This transaction increases the Konstantakopoulos family's voting control from approximately 63.6% to 75.7% of the Company's total voting rights.
- The Series F Preferred Stock is redeemable by the Company for $1 per share and all rights automatically terminate on the fifth anniversary of the issuance date.
Oct 15, 2025, 12:25 PM
Costamare Inc. Declares Quarterly Dividends
CMRE
Dividends
- Costamare Inc. declared quarterly cash dividends for its preferred and common stock.
- For preferred stock, dividends are US $0.476563 per share for Series B, US $0.531250 per share for Series C, and US $0.546875 per share for Series D, payable on October 15, 2025.
- A quarterly dividend of US $0.115 per share was declared for common stock for the quarter ended September 30, 2025, payable on November 6, 2025.
Oct 2, 2025, 11:31 AM
Costamare Bulkers Announces Strategic Cooperation Agreement with Cargill
CMRE
New Projects/Investments
Revenue Acceleration/Inflection
- Costamare Bulkers Holdings Limited has signed a Strategic Cooperation Agreement with Cargill International S.A..
- Under the agreement, Costamare Bulkers will transfer the majority of its trading book, including chartered-in vessels, cargo transportation commitments, and derivative positions, to Cargill.
- Costamare Bulkers will also charter four Supramax vessels to Cargill for a period of four to six months and enter into a bunkering services agreement with Seascale Energy.
- The agreement aims to reduce Costamare Bulkers' exposure to the volatile trading business and generate more stable and predictable earnings.
- Both companies will explore opportunities to jointly invest in dry bulk assets, other dry-bulk business ventures, and implement decarbonization and vessel efficiency strategies.
Sep 29, 2025, 11:20 AM
Costamare Inc. Reports Q2 2025 Results and Completes Dry Bulk Spin-Off
CMRE
Earnings
M&A
New Projects/Investments
- For the six-month period ended June 30, 2025, Costamare Inc. reported total revenues of $440,760 thousand and net income attributable to Costamare Inc. of $188,822 thousand, with earnings per common share of $1.49.
- The company completed the spin-off of its dry bulk business into Costamare Bulkers Holdings Limited on May 6, 2025, distributing $699,239 thousand in net assets to shareholders and contributing $100,000 thousand in cash to the new entity.
- This spin-off significantly impacted the balance sheet, with total assets decreasing from $5,148,687 thousand at December 31, 2024, to $3,739,101 thousand at June 30, 2025 , and dry bulk operations now reported as discontinued operations.
- As of June 30, 2025, Costamare Inc. owned and/or operated a fleet of 68 container vessels and had outstanding equity commitments of $214 million for the acquisition of eight vessels through Neptune Maritime Leasing Limited (NML).
Aug 21, 2025, 12:00 AM
Costamare Bulkers Reports H1 2025 Financial Results
CMRE
Earnings
M&A
- Costamare Bulkers Holdings Limited reported a Net Loss of $26.5 million ($3.15 loss per share) and an Adjusted Net Loss of $15.8 million ($1.87 adjusted loss per share) for the six-month period ended June 30, 2025.
- The company's liquidity was $242.3 million as of June 30, 2025.
- Costamare Bulkers became an independent, publicly traded company on the NYSE on May 6, 2025, through a spin-off from Costamare Inc.. The H1 2025 results reflect nominal operations from January 1, 2025, with the dry bulk business entities transferred in late March 2025 and the Costamare Bulkers Inc. (CBI) operating platform acquired on May 6, 2025.
- The company intends to include additional financial information and management discussion starting with its Q3 2025 earnings release, which will reflect the first full quarter of operations.
Aug 8, 2025, 11:01 AM
Costamare Inc. Reports 2024 Financial Results and Fleet Update
CMRE
Earnings
New Projects/Investments
- For the year ended December 31, 2024, Costamare Inc. reported total revenues of $2,083,894 thousand , net income of $316,334 thousand , and earnings per common share of $2.44.
- As of February 12, 2025, the company's fleet consisted of 68 containerships aggregating approximately 513,000 TEU and 38 dry bulk vessels with a total carrying capacity of approximately 3,017,000 dwt.
- The containership fleet had an average remaining time charter duration of approximately 3.4 years as of February 12, 2025, representing an aggregate of approximately $2.4 billion of contracted revenue.
- As of December 31, 2024, 74.0% of total available days were contracted for 2025, and 54.7% for 2026.
- The company established a dry bulk operating platform in the fourth quarter of 2022, which as of February 12, 2025, has chartered-in 50 dry bulk vessels.
Aug 8, 2025, 12:00 AM
Quarterly earnings call transcripts for Costamare.
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