Costamare
(NYSE:CMRE)
$11.27
-0.02[-0.18%]
At close: Mar 28
$11.27
0[0.00%]
After Hours: 4:43PM EDT
Consensus Rating1
Buy
Highest Price Target1
$12.50
Lowest Price Target1
$10.00
Consensus Price Target1
$11.13

Costamare Stock (NYSE:CMRE), Analyst Ratings, Price Targets, Predictions

Costamare Inc has a consensus price target of $11.13, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Jefferies, and Jefferies on October 24, 2023, April 24, 2023, and February 8, 2023. With an average price target of $12 between Citigroup, Jefferies, and Jefferies, there's an implied 6.48% upside for Costamare Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Jefferies
Stifel
Citigroup

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Costamare

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
10/24/2023CMREBuy Now
Costamare
$11.27-2.4%Citigroup
Christian Wetherbee
$13 → $11MaintainsBuyGet Alert
04/24/2023CMREBuy Now
Costamare
$11.27-11.27%Jefferies
Omar Nokta
$15 → $10DowngradeBuy → HoldGet Alert
02/08/2023CMREBuy Now
Costamare
$11.2733.1%Jefferies
Omar Nokta
$17 → $15MaintainsBuyGet Alert
01/13/2023CMREBuy Now
Costamare
$11.27-2.4%Stifel
Benjamin Nolan
$12.5 → $11DowngradeBuy → HoldGet Alert
11/01/2022CMREBuy Now
Costamare
$11.2715.35%Citigroup
Christian Wetherbee
$16 → $13MaintainsBuyGet Alert
07/21/2022CMREBuy Now
Costamare
$11.2768.59%Jefferies
Omar Nokta
→ $19Initiates → BuyGet Alert
07/19/2022CMREBuy Now
Costamare
$11.2733.1%Stifel
Benjamin Nolan
$16 → $15MaintainsBuyGet Alert
06/02/2021CMREBuy Now
Costamare
$11.2710.91%CitigroupMaintainsBuyGet Alert

FAQ

Q

What is the target price for Costamare (CMRE)?

A

The latest price target for Costamare (NYSE: CMRE) was reported by Citigroup on October 24, 2023. The analyst firm set a price target for $11.00 expecting CMRE to fall to within 12 months (a possible -2.40% downside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Costamare (CMRE)?

A

The latest analyst rating for Costamare (NYSE: CMRE) was provided by Citigroup, and Costamare maintained their buy rating.

Q

When was the last upgrade for Costamare (CMRE)?

A

There is no last upgrade for Costamare.

Q

When was the last downgrade for Costamare (CMRE)?

A

The last downgrade for Costamare Inc happened on April 24, 2023 when Jefferies changed their price target from $15 to $10 for Costamare Inc.

Q

When is the next analyst rating going to be posted or updated for Costamare (CMRE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Costamare, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Costamare was filed on October 24, 2023 so you should expect the next rating to be made available sometime around October 24, 2024.

Q

Is the Analyst Rating Costamare (CMRE) correct?

A

While ratings are subjective and will change, the latest Costamare (CMRE) rating was a maintained with a price target of $13.00 to $11.00. The current price Costamare (CMRE) is trading at is $11.27, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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