Costamare (CMRE)
Owns and time-charters containerships while financing vessels through maritime sale-and-leasebacks.
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Owns cellular containerships and earns charter hire from international liner operators, primarily under long-term, fixed-rate contracts. A controlled Neptune Maritime Leasing platform adds sale-and-leaseback financing, while revenue remains concentrated among a limited group of major liner customers.
Owns a fleet of cellular containerships and earns voyage revenue by placing them with international liner operators, principally on long-term, fixed-rate time charters. Charterers generally cover fuel, port and canal costs, while the owner pays for crewing, maintenance, insurance and dry-docking. A range of vessel sizes supports service across east-west, north-south and intraregional trade lanes.
Extends its shipping exposure through Neptune Maritime Leasing, a controlled platform that finances vessels for other shipowners through sale-and-leaseback transactions. Fleet renewal is paired with contracted employment for vessels under construction, and the fleet has recorded low unscheduled off-hire. Revenue remains concentrated among major liner customers, while CEO-controlled affiliated managers provide core commercial, technical, crewing and administrative services.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 5, 2026 | Freedom Broker | Upgrade | ||
| Nov 4, 2025 | Jefferies | Reiterate | Rating: —Target: $15 | Target: $12 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $380.4M · Total debt $1.50B · Total assets $4.01B · Shareholders' equity $2.22B
- Revenue
- $200.8M
- Operating income
- $90.0M
- Net income
- $82.6M
HistoryDividendAnnual yield
| Institutions | ≈ 33.48% | 40.38M ADS | |
|---|---|---|---|
| 203 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 56.30% | 67.89M ADS | |
| 5 holders · as of Sep 16, 2026 | |||
| Other | ≈ 10.22% | 12.31M ADS | |
| remainder | |||
120.58M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Konstantinos Konstantakopoulos1Insiderdirector, officer: Chairman and CEO | 23.70% | 29.53M ordinary | filed Sep 16, 2026 |
Achillefs KonstantakopoulosInsider | 17.80% | 21.46M | filed Jan 14, 2022 |
Christos KonstantakopoulosInsider | 14.76% | 17.80M | filed Jul 6, 2026 |
Dimensional Fund Advisors LPInstitution | 6.16% | 7.43M ADS | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 2.98% | 3.59M ADS | as of Jun 30, 2026 |
- Konstantinos Konstantakopoulos's transaction reports restate only vehicles that traded; the 2022 ownership statement (29.53M) less the 950.4K net shares sold since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 29, 2026 | Grigorios Zikos | director, officer: Chief Financial Officer | −59,840 | $15.34 |
- Danaos
Greek-controlled NYSE independent containership lessor; 75-ship, 477K-TEU fleet
- Global Ship Lease
NYSE containership lessor; 71 vessels, ~423K TEU, fixed-rate time charters.
- SFL
Diversified maritime lessor with ~30 containerships on long-term time charters.
- Navios Maritime Partners
Greek-led maritime MLP; containerships at 28% of fleet and 58% of backlog.
- Euroseas
Greek-controlled feeder/intermediate containership lessor, NASDAQ-listed.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Costamare | $14.78 | −2.09% | $1.82B | 5.7 | 5.9 | 2.2 | −12.3% |
| Danaos | $156.65 | −1.85% | $2.91B | 5.4 | 5.7 | 2.8 | +4.7% |
| Global Ship Lease | $44.46 | −2.48% | $1.64B | 4.4 | 4.7 | 2.1 | +3.6% |
| SFL | $13.03 | −3.45% | $1.79B | 28.1 | 24.7 | 2.5 | +6.5% |
| Navios Maritime Partners | $88.91 | −2.40% | $2.59B | 6.0 | 4.8 | 1.8 | +25.2% |
| Euroseas | $74.49 | −0.93% | $530.5M | 3.9 | 4.6 | 2.3 | −1.3% |
| Median | 5.4 | 4.8 | 2.3 | +4.7% |