Costamare (CMRE) Rises Higher Than Market: Key Facts
From Nasdaq: 2025-06-06 17:45:00
Costamare (CMRE) stock closed at $9.15, a 2.75% increase from the previous session, outperforming the S&P 500, Dow, and Nasdaq. In the past month, the stock has risen by 14.4%, surpassing the Transportation sector and S&P 500 gains.
Analysts are closely watching Costamare’s upcoming earnings report, expecting an EPS of $0.67, a 12.99% decrease from the previous year. Recent estimate adjustments reflect short-term business trends and can impact stock performance.
Costamare currently holds a Zacks Rank of #3 (Hold) with a 16.05% increase in Zacks Consensus EPS estimate over the past month. The stock is trading at a Forward P/E ratio of 3.16, offering a discount compared to the industry average.
The Transportation – Shipping industry, where Costamare operates, is ranked 172 out of 250+ industries by Zacks Industry Rank. Top-ranked industries outperform the bottom half by 2 to 1, making it crucial to monitor stock-moving metrics on Zacks.com.
Zacks Research Chief has identified 5 stocks likely to double in value, with one standing out as a top pick in the financial sector. This innovative stock with a growing customer base and advanced solutions has significant growth potential, similar to past Zacks’ picks like Nano-X Imaging.
For more insights and recommendations from Zacks Investment Research, access the free stock analysis report on Costamare Inc. (CMRE). Stay informed about market trends and potential opportunities for significant gains in the coming months.
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