Costamare Inc.
CMRE-PE
New York Stock Exchange42.61
USD
+1.40
- -
CIK
0001503584
ISIN
MHY1771G2016
Return %
Stock
S&P500
1Y
59.60
26.84
3Y
61.78
77.03
5Y
151.40
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Konstantinos V. Konstantakopoulos
- Full Time Employees
- 2,750
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 7 Rue du Gabian Monaco Monaco 98000
- IPO Date
- Jan 26, 2018
- CIK
- 0001503584
- Website
- costamare.com
- Similar Companies
- Business
- Costamare Inc. (NYSE: CMRE; CMRE-PE) owns and charters one of the world's largest fleets of containerships to leading liner companies including Maersk, MSC, CMA CGM, Cosco, Evergreen and Yang Ming; provides technical management, crewing, insurance and regulatory compliance services through in-house operations and affiliates; and holds a controlling interest in Neptune Maritime Leasing Limited, a growing maritime leasing platform with over 50 shipping assets funded or committed totaling more than $650 million in investments. The Company operates a fleet of 69 containerships in the water with total capacity of approximately 520,000 TEU plus six 3,100 TEU newbuildings on order for delivery in Q1 2028, all secured on eight-year time charters with a leading liner operator; supports global containerized cargo transportation on East-West, North-South and intra-regional routes; and generates income from investments in leaseback vessels. Founded in 1975 by Captain Vasileios Konstantakopoulos and headquartered in Monaco with key operations in Athens, Greece; Shanghai, China; and the Philippines, Costamare serves major international liner companies as its primary customer base in the maritime transportation industry. Recent developments include the May 2025 spin-off of its dry bulk business into Costamare Bulkers Holdings Limited, refocusing operations solely on containerships and leasing; acquisition and delivery of the 6,541 TEU Maersk Puelo in Q3 2025 on time charter to Maersk; exercise of options in September 2025 for two additional 3,100 TEU newbuildings from a Chinese shipyard, expanding the orderbook to six vessels; forward fixing of seven containerships for 12-38 months, boosting contracted revenues by over $310 million to $2.6 billion with a TEU-weighted average duration of 3.2 years and 100% fleet utilization for 2025/80% for 2026; and completion of $361.6 million debt refinancing for six large containerships with five-year tenor, leaving no significant maturities until 2027.