Costamare AI Stock Analysis
Costamare (LCM) AI Stock Analysis
Costamare
(Frankfurt:LCM)
No summary available
Costamare (LCM) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 1.57B
- Dividend Yield
- 3.70%
- Average Volume (3M)
- 361
- Price to Earnings (P/E)
- 5.0
- Beta (1Y)
- 0.07
- Revenue Growth
- -45.79%
- EPS Growth
- -0.79%
- Country
- Germany
- Employees
- 1,880
- Sector
- General
- Sector Strength
- 55
- Industry
- Marine Shipping
Costamare Business Overview & Revenue Model
Company Description
Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwi...
Costamare Earnings Call Summary
The call presented multiple strong positives: solid Q1 profitability ($75M), robust liquidity (~$640–645M), a large secured newbuilding program of 16 vessels with long-term charters to COSCO (incremental contracted revenues of ~$2.8B), total contracted revenues of $6.2B with high employment coverage (97% for 2026, 94% for 2027), fleet renewal benefits (22 vessels under construction, fleet age reduction ~3.7 years) and an increased quarterly dividend (~+8.7%). Downsides are primarily execution and market risks: concentration of charters with one counterparty, long delivery timeline through 2030, funding/leverage implications from sizable capital commitments, and the purchase of older secondhand vessels. Overall, the positives—secured long-term cash flows, improved fleet profile and shareholder returns—outweigh the identified risks.
Q1-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management’s guidance emphasized strong cash generation and long‑term visibility: Q1 net income was about $75M (adjusted net income $76M, EPS $0.62/$0.63) with total liquidity roughly $640–645M, and a recommended quarterly dividend increase from $0.115 to $0.125/share commencing Q2’26. The company has ordered 16 newbuilds (12 ~9,200 TEU and 4 x 3,100 TEU) bringing 22 vessels under construction, with deliveries Q4’27–Q2’30 and pre/post‑delivery financing (up to 15‑year tenors) arranged with two Chinese banks; upon delivery the 12 larger and four smaller ships will commence 15‑year and 8‑year charters with COSCO, yielding incremental contracted revenues of about $2.8B and taking total contracted revenues to $6.2B with a TEU‑weighted remaining charter duration of 6.1 years and revenue days fixed at 97% for 2026 and 94% for 2027. Management also agreed to acquire two secondhand 5,600 TEU (built 2001) vessels to be delivered Q4’26 and enter 42‑month charters, noted the newbuild program increases the charter‑book weighted average duration by ~2 years and lowers fleet average age by ~3.7 years by 2030, and highlighted a robust market with idle fleet at ~1%.
Costamare Risk Analysis
Costamare disclosed 72 risk factors in its most recent earnings report. Costamare reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
2 New RisksCostamare Peers Comparison
Overall Rating
DAC80Outperform
GSL80Outperform
SBLK79.5Outperform
NMM79Outperform
SFL64Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| DAC | 80Outperform | $2.68B | 5.09 | 13.97% | 5.77% | 2.45% | 21.62% |
| GSL | 80Outperform | $1.52B | 4.04 | 20.37% | 5.86% | 4.11% | -5.24% |
| SBLK | 80Outperform | $3.06B | 10.94 | 11.71% | 6.71% | 6.34% | 141.62% |
| NMM | 79Outperform | $2.46B | 4.44 | 16.33% | 0.26% | 19.34% | 127.00% |
| SFL | 64Neutral | $1.53B | 16.21 | 9.15% | 7.68% | -4.36% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:LCM | Costamare | 11.40 | -0.51 | -4.31% | |
| DAC | Danaos | 150.85 | 62.05 | 69.87% | |
| GSL | Global Ship Lease | 42.65 | 10.69 | 33.45% | |
| NMM | Navios Maritime Partners | 88.00 | 35.58 | 67.88% | |
| SFL | Sfl Corporation Limited | 10.94 | 3.43 | 45.63% | |
| SBLK | Star Bulk Carriers | 28.01 | 10.26 | 57.80% |
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.