Free Trial

Costamare (CMRE) Competitors

$16.01
+0.37 (+2.37%)
(As of 05/31/2024 ET)

CMRE vs. FRO, STNG, TRMD, ZIM, SBLK, CDLR, DHT, SFL, LPG, and DAC

Should you be buying Costamare stock or one of its competitors? The main competitors of Costamare include Frontline (FRO), Scorpio Tankers (STNG), TORM (TRMD), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), DHT (DHT), SFL (SFL), Dorian LPG (LPG), and Danaos (DAC). These companies are all part of the "deep sea foreign transportation of freight" industry.

Costamare vs.

Costamare (NYSE:CMRE) and Frontline (NYSE:FRO) are both transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, community ranking, earnings, media sentiment, institutional ownership, analyst recommendations, profitability, dividends and risk.

Frontline has a net margin of 32.94% compared to Costamare's net margin of 19.26%. Frontline's return on equity of 23.42% beat Costamare's return on equity.

Company Net Margins Return on Equity Return on Assets
Costamare19.26% 12.61% 5.74%
Frontline 32.94%23.42%10.49%

Frontline received 136 more outperform votes than Costamare when rated by MarketBeat users. Likewise, 58.25% of users gave Frontline an outperform vote while only 52.82% of users gave Costamare an outperform vote.

CompanyUnderperformOutperform
CostamareOutperform Votes
337
52.82%
Underperform Votes
301
47.18%
FrontlineOutperform Votes
473
58.25%
Underperform Votes
339
41.75%

58.1% of Costamare shares are held by institutional investors. Comparatively, 22.7% of Frontline shares are held by institutional investors. 23.2% of Costamare shares are held by company insiders. Comparatively, 48.1% of Frontline shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 2.9%. Frontline pays an annual dividend of $1.48 per share and has a dividend yield of 5.2%. Costamare pays out 17.8% of its earnings in the form of a dividend. Frontline pays out 51.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Costamare has a beta of 1.32, indicating that its share price is 32% more volatile than the S&P 500. Comparatively, Frontline has a beta of 0.03, indicating that its share price is 97% less volatile than the S&P 500.

Costamare presently has a consensus price target of $11.67, indicating a potential downside of 27.13%. Frontline has a consensus price target of $26.10, indicating a potential downside of 7.84%. Given Frontline's stronger consensus rating and higher possible upside, analysts plainly believe Frontline is more favorable than Costamare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Costamare
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Frontline
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Frontline has higher revenue and earnings than Costamare. Costamare is trading at a lower price-to-earnings ratio than Frontline, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Costamare$1.74B1.08$385.75M$2.586.21
Frontline$1.83B3.45$656.41M$2.869.90

In the previous week, Frontline had 17 more articles in the media than Costamare. MarketBeat recorded 19 mentions for Frontline and 2 mentions for Costamare. Costamare's average media sentiment score of 0.86 beat Frontline's score of 0.53 indicating that Costamare is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Costamare
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Frontline
10 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Frontline beats Costamare on 16 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CMRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

CMRE vs. The Competition

MetricCostamareDeep sea foreign transportation of freight IndustryTransportation SectorNYSE Exchange
Market Cap$1.88B$1.17B$10.08B$17.81B
Dividend Yield2.94%4.93%3.53%3.51%
P/E Ratio6.2114.5520.4924.05
Price / Sales1.082.1822.9410.16
Price / Cash3.935.8015.9819.14
Price / Book0.740.992.165.90
Net Income$385.75M$95.29M$671.06M$976.46M
7 Day Performance6.24%2.21%0.90%0.62%
1 Month Performance29.64%15.65%4.98%3.61%
1 Year Performance93.47%64.00%17.38%20.81%

Costamare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRO
Frontline
1.1781 of 5 stars
$28.55
+2.1%
$26.10
-8.6%
+94.6%$6.36B$1.83B9.6878Earnings Report
Dividend Increase
Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
STNG
Scorpio Tankers
2.4469 of 5 stars
$81.39
+0.6%
$80.17
-1.5%
+74.4%$4.44B$1.34B7.5524Positive News
TRMD
TORM
2.7628 of 5 stars
$37.77
+1.9%
N/A+46.9%$3.08B$1.52B5.06579Upcoming Earnings
Positive News
Gap Down
ZIM
ZIM Integrated Shipping Services
0.4904 of 5 stars
$21.04
+8.4%
$10.51
-50.0%
+70.4%$2.53B$5.35B-0.994,778Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
SBLK
Star Bulk Carriers
3.5107 of 5 stars
$26.99
+3.4%
$31.00
+14.9%
+52.6%$2.27B$949.27M12.16216Short Interest ↑
CDLR
Cadeler A/S
3.5026 of 5 stars
$23.66
+2.2%
$35.00
+47.9%
N/A$2.08B$117.55M0.00570Short Interest ↓
Positive News
Gap Up
High Trading Volume
DHT
DHT
2.9369 of 5 stars
$12.21
+0.7%
$14.33
+17.4%
+50.5%$1.97B$560.56M11.631,212Short Interest ↑
SFL
SFL
0.8749 of 5 stars
$14.15
-0.3%
$12.33
-12.8%
+64.9%$1.96B$752.29M14.5921
LPG
Dorian LPG
3.5123 of 5 stars
$48.07
+4.5%
$43.00
-10.5%
+110.9%$1.95B$560.72M6.33602
DAC
Danaos
1.8481 of 5 stars
$90.59
+2.7%
$90.00
-0.7%
+62.3%$1.76B$973.58M3.131,718Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage

Related Companies and Tools

This page (NYSE:CMRE) was last updated on 6/2/2024 by MarketBeat.com Staff

From Our Partners