CMRE Profile
Costamare Inc. (CMRE) is a leading owner and operator of containerships that provides container shipping services to customers around the world. The company operates a fleet of approximately 80 vessels and provides a wide range of container shipping services, including the transportation of containerized cargoes, port-to-port and door-to-door services, and vessel chartering.
As of its last market close, CMRE had a market capitalization of approximately $1.1 billion USD. The company had a trailing twelve-month revenue of approximately $455 million USD and a net income of approximately $69 million USD. CMRE's stock price had a 52-week range of $2.91 - $9.12 USD and was trading at approximately $7.26 USD at the time of its last market close.
Costamare is focused on expanding its business and growing its market share through the acquisition of new vessels and the development of new shipping routes. The company is also committed to enhancing its operational efficiency and improving its financial performance.
Investing in CMRE carries risks, including risks associated with changes in global economic conditions and trade policies, as well as risks associated with changes in shipping demand and capacity. Additionally, Costamare is subject to operational risks, including risks associated with vessel maintenance and safety, and financial risks, including risks associated with changes in interest rates and currency exchange rates. Investors should carefully consider these risks before making any investment decisions.
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