Costamare Bulkers Announces Q3 Adjusted EPS of 81 Cents, Down from 86 Cents Last Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
0mins
Q3 Financial Performance: Costamare Inc. reported Q3 voyage revenue of $215.9 million, a decrease from $219.5 million last year, with a net income of approximately $99 million.
Fleet and Contracts Update: The company remains the sole shareholder of 69 containerships and has fixed 8 vessels for periods of 12 to 38 months, resulting in increased contracted revenues exceeding $310 million.
Market Conditions: The charter market is strong with a fleet employment rate of 100% for 2025 and 80% for 2026, supported by a vessel shortage and steady demand, while idle fleet levels are below 1%.
Neptune Maritime Leasing Growth: Neptune Maritime Leasing has funded or committed to 50 shipping assets, with total investments and commitments surpassing $650 million, indicating a growing leasing platform.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CMRE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CMRE
Wall Street analysts forecast CMRE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMRE is 12.00 USD with a low forecast of 12.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 16.530
Low
12.00
Averages
12.00
High
12.00
Current: 16.530
Low
12.00
Averages
12.00
High
12.00
About CMRE
Costamare Inc is a Monaco-based company that provides containerships and dry bulk vessels for charter. The Company is an international shipping industry that offers a fleet of 73 containerships, with a total capacity of approximately 537,000 TEU (including two vessels that have agreed to sell) and 45 dry bulk vessels with a total capacity of approximately 2,436,000 DWT. Its offers containerships of various sizes (including feeder, panamax and post-panamax containerships) serve short, medium, and long-haul routes on a variety of geographical trades. Its dry bulk vessels transport a broad range of bulks such as iron ore, coal, and grains as well as minor bulks such as bauxite, phosphate fertilizers and steel products. The Company serve its customer's needs worldwide and ensure the safety, reliability, and environmental responsibility of services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Mid-to-Low Cap Industrial Stocks Earn A+ EPS Ratings, Attracting Investor Attention
- EPS Rating Upgrade: Several mid-to-low cap industrial stocks, including Arcosa (ACA) and Archer Aviation (ACHR), have received the highest A+ EPS revision rating from analysts, indicating increased confidence in their profitability outlook, which may attract more investor interest.
- Strong Earnings Momentum: These companies have shown exceptional performance in recent earnings estimate revisions, suggesting improving fundamentals, particularly for AAR Corp (AIR) and Atmus Filtration Technologies (ATMU), which are expected to benefit from market focus on their growth potential.
- Optimistic Industry Outlook: According to FIDU's 2026 outlook for the industrial sector, the overall industry is viewed positively with further upside anticipated, providing investors with attractive investment opportunities.
- Market Focus Shift: As the earnings season kicks off, investor attention on these A+ rated industrial stocks is likely to increase, potentially driving their stock prices higher and influencing overall market sentiment.
Continue Reading
Costamare Declares $0.476563 Cash Dividend on Series B Preferred Stock
- Dividend Declaration: Costamare has declared a cash dividend of $0.476563 per share on its 7.625% Series B Preferred Stock, reflecting the company's stability in profitability and cash flow management.
- Diverse Dividends: Additionally, the company will pay $0.531250 and $0.546875 per share on its 8.50% Series C and 8.75% Series D Preferred Stocks, respectively, demonstrating its commitment to returning value to various investor groups.
- Common Stock Dividend: Costamare also announced a quarterly dividend of $0.115 per share on its common stock, enhancing shareholder return expectations, with payment scheduled for February 5, 2026.
- Financial Health Consideration: The declaration of dividends will depend on the discretion of the Board, taking into account the company's earnings, financial condition, and cash requirements, indicating a cautious approach in its shareholder return policy.
Continue Reading