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Costamare Bulkers Holdings Limited (CMDB) AI Stock Analysis
Costamare Bulkers Holdings Limited
(NYSE:CMDB)
The overall score reflects a company that has strengthened its balance sheet and turned cash flow positive while still operating with negative margins and subdued returns, leading financial performance to drive a cautious mid-range rating. An elevated valuation multiples these risks by pricing in a lot of optimism without corresponding profitability or income support, while technically the stock appears extended after a strong rise, suggesting near-term downside or consolidation risk rather than a fresh, low-risk entry point.
Costamare Bulkers Holdings Limited (CMDB) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $446.18M
- Dividend Yield
- ―
- Average Volume (3M)
- 67.17K
- Price to Earnings (P/E)
- 122.4
- Beta (1Y)
- 0.12
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 904
- Sector
- General
- Sector Strength
- 55
- Industry
- Marine Shipping
Costamare Bulkers Holdings Limited Business Overview & Revenue Model
Company Description
Costamare Bulkers Holdings Ltd. engages in the provision of solid, unpackaged raw materials and dry bulk commodities transportation. It offers a broad range of iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers, and ste...
Costamare Bulkers Holdings Limited Earnings Call Summary
The call presented a predominately positive operational and financial picture: profitable Q1 results, a net cash position, successful de-risking of legacy trades, accretive vessel transactions, and strengthening charter rates. Offsetting risks include elevated market volatility, geopolitical disruptions (notably a ~50% reduction in Persian Gulf exports), and a remaining single vessel to be novated before the trading book is fully cleared by year-end. On balance, the positive items around balance sheet repair, fleet renewal, and market tailwinds outweigh the manageable residual risks.
Q1-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management's guidance emphasized substantial de‑risking and a clear path to full exit from legacy trading positions by year‑end (only one vessel remains to be novated), leaving the company net cash positive with total cash of about $270 million versus debt of circa $140 million (cash exceeded debt by roughly $127 million) and positioned to grow counter‑cyclically; Q1 results were net income $9.9 million ($0.41/share) and adjusted net income $12.4 million ($0.51/share), including capital gains of approximately $7 million from the sale of a 2011 Capesize. They reiterated fleet renewal and chartering guidance — acquisition of a 2018 Ultramax, delivery of a Kamsarmax chartered in for a minimum 5 years (already re‑chartered out for ~11 months/1 year at profitable levels), an operating platform focused on Kamsarmax with 20 third‑party vessels, most owned ships on index‑linked period charters with conversion options, and a newbuilding order book at 13.5% — while noting Q1 charter rates strengthened with further upside since April.
Costamare Bulkers Holdings Limited Financial Statement Overview
Summary
Financial performance shows meaningful recovery in revenue, cash flow, and leverage, but margins remain negative and returns are still weak, leading to a mid-range score that reflects improved stability but ongoing profitability risk.
Income Statement
45NeutralBalance Sheet
65PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 701.58M | 597.22M | 1.20B | 663.12M | 316.47M |
| Gross Profit | 128.27M | 74.26M | 136.94M | 53.91M | 274.76M |
| EBITDA | 58.12M | 83.00K | -33.60M | -79.90M | 149.64M |
| Net Income | 6.80M | -37.35M | -98.25M | -147.70M | 90.44M |
Balance Sheet | |||||
| Total Assets | 1.05B | 1.09B | 1.24B | 1.19B | 871.84M |
| Cash, Cash Equivalents and Short-Term Investments | 263.05M | 248.80M | 49.86M | 33.68M | 104.35M |
| Total Debt | 196.88M | 228.72M | 713.83M | 621.51M | 385.55M |
| Total Liabilities | 272.17M | 309.79M | 818.98M | 711.83M | 425.83M |
| Stockholders Equity | 780.59M | 781.77M | 422.02M | 474.69M | 446.01M |
Cash Flow | |||||
| Free Cash Flow | 44.87M | 43.90M | -228.39M | -272.73M | 61.87M |
| Operating Cash Flow | 78.67M | 75.59M | -55.53M | -196.79M | 117.60M |
| Investing Cash Flow | 51.31M | 74.54M | -46.76M | -9.69M | -36.88M |
| Financing Cash Flow | -30.36M | 63.26M | 116.92M | 133.25M | 26.03M |
Costamare Bulkers Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMDB, the sentiment is Negative. The current price of 18.36 is below the 20-day moving average (MA) of 19.99, below the 50-day MA of 21.47, and below the 200-day MA of 18.64, indicating a bearish trend. The MACD of -0.66 indicates Positive momentum. The RSI at 30.95 is Neutral, neither overbought nor oversold. The STOCH value of 8.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CMDB.
Costamare Bulkers Holdings Limited Peers Comparison
Overall Rating
SHIP80Outperform
SBLK79.5Outperform
DSX66Neutral
GNK66Neutral
SB65Neutral- CMDB53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SHIP | 80Outperform | $318.74M | 5.16 | 20.72% | 5.96% | 31.98% | 274.58% |
| SBLK | 80Outperform | $3.04B | 10.66 | 11.71% | 6.89% | 6.34% | 141.62% |
| DSX | 66Neutral | $301.08M | 4.95 | 11.56% | 1.66% | -3.68% | 258.59% |
| GNK | 66Neutral | $1.08B | 27.08 | 4.53% | 7.26% | 25.64% | 156.91% |
| SB | 65Neutral | $850.34M | 9.59 | 10.32% | 3.16% | 10.81% | 81.30% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| CMDB | 53Neutral | $450.31M | 122.40 | 0.90% | ― | ― | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| CMDB | Costamare Bulkers Holdings Limited | 18.36 | 5.18 | 39.30% | |
| DSX | Diana Shipping | 2.41 | 0.76 | 45.97% | |
| GNK | Genco Shipping & Trading Ltd | 24.80 | 9.28 | 59.75% | |
| SB | Safe Bulkers Inc | 7.44 | 2.91 | 64.24% | |
| SHIP | Seanergy Maritime Holdings Corp | 14.76 | 6.82 | 85.94% | |
| SBLK | Star Bulk Carriers | 27.30 | 10.14 | 59.06% |
Costamare Bulkers Holdings Limited Corporate Events
Costamare Bulkers Elects New Class I Director and Confirms Auditor at 2026 AGM
Costamare Bulkers Holdings Limited, a Monaco-based dry bulk shipowner, reported outcomes from its virtual annual meeting of stockholders held on October 8, 2026. Shareholders elected Dimitrios Sofianopoulos as a Class I director to serve until the 20...
Costamare Bulkers Files Mid-2026 Unaudited Results, Shows Strong Liquidity and Equity
On August 18, 2026, Costamare Bulkers Holdings Limited filed a Form 6-K with the U.S. Securities and Exchange Commission, furnishing unaudited interim condensed consolidated financial statements for the six-month period ended June 30, 2026. The filin...
Costamare Bulkers Sets October Virtual AGM as Konstantakopoulos Family Tightens Governance Grip
Costamare Bulkers Holdings Limited has filed a Form 6-K for August 2026, distributing its 2025 annual report and convening its 2026 annual meeting of stockholders, scheduled as a fully virtual event on October 8, 2026. Shareholders will be asked to e...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 07, 2026