COSTAMARE INC. PFD B

Costamare missed Q1 2026 consensus estimates for adjusted net income (0.63 USD per share vs. 0.69 USD expected) and revenue (201.6 million USD), but proposes an 8.7% dividend increase to 0.125 USD per share and holds a liquidity position of 644.4 million USD. The company ordered 16 newbuilds that bring about 2.8 billion USD of contractually secured revenue and raise total contractually secured revenue to roughly 6.2 billion USD. The fleet renewal is intended to stabilize average fleet age by 2030 and extend the TEU-weighted charter duration; risks remain in ship deliveries, potential charter rate declines, and customer concentration with COSCO. » Więcej na de.investing.com

Costamare’s shares rose to a new 52-week high of $17.53. Over the past year the company delivered a total return of 132% and trades at a P/E of 5.64, with analysts continuing to view it as undervalued. For the fourth quarter Costamare missed earnings expectations but beat revenue forecasts thanks to long-term charter contracts; the company has paid dividends for 16 years and the current yield is 2.7%. » Więcej na de.investing.com

The Costamare share hit a new yearly high of $17.52 and is up 62.81% over the past year. In the fourth quarter, earnings missed analysts' expectations, while revenue exceeded forecasts thanks to long-term charter contracts. Investors and analysts will watch Costamare's strategy and positioning in the container ship charter market going forward. » Więcej na de.investing.com