Costamare Shares Outstanding vs. Gross Profit

CMRE Stock  USD 13.19  0.01  0.08%   
Based on the measurements of profitability obtained from Costamare's financial statements, Costamare is yielding more profit at this time then in previous quarter. It has a moderate risk of reporting better profitability numbers in January. Profitability indicators assess Costamare's ability to earn profits and add value for shareholders. At present, Costamare's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 21.05, whereas EV To Sales is forecasted to decline to 1.98. At present, Costamare's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 400.1 M, whereas Income Tax Expense is projected to grow to (5.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.570.2888
Way Up
Slightly volatile
Operating Profit Margin0.420.3097
Significantly Up
Slightly volatile
Pretax Profit Margin0.310.2521
Fairly Up
Pretty Stable
For Costamare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Costamare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Costamare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Costamare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Costamare over time as well as its relative position and ranking within its peers.
  

Costamare's Revenue Breakdown by Earning Segment

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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.399
Dividend Share
0.46
Earnings Share
3.01
Revenue Per Share
17.083
Quarterly Revenue Growth
0.36
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Costamare Gross Profit vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Costamare's current stock value. Our valuation model uses many indicators to compare Costamare value to that of its competitors to determine the firm's financial worth.
Costamare is number one stock in shares outstanding category among its peers. It is rated fifth in gross profit category among its peers fabricating about  6.40  of Gross Profit per Shares Outstanding. At present, Costamare's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Costamare by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Costamare Gross Profit vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Costamare

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
119.8 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Costamare

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
766.65 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Costamare Gross Profit Comparison

Costamare is currently under evaluation in gross profit category among its peers.

Costamare Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Costamare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Costamare will eventually generate negative long term returns. The profitability progress is the general direction of Costamare's change in net profit over the period of time. It can combine multiple indicators of Costamare, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income21.4 M22.5 M
Operating Income468 M491.4 M
Income Before Tax381 M400.1 M
Total Other Income Expense Net-87 M-82.6 M
Net Income Applicable To Common Shares602.5 M632.6 M
Net Income385.7 M405 M
Income Tax Expense-5.5 M-5.2 M
Net Income From Continuing Ops470.5 M494 M
Interest Income30.4 M31.9 M
Net Interest Income-115.9 M-121.7 M
Change To Netincome-100.6 M-95.6 M
Net Income Per Share 3.21  3.37 
Income Quality 0.86  0.82 
Net Income Per E B T 1.01  1.06 

Costamare Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Costamare. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Costamare position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Costamare's important profitability drivers and their relationship over time.

Use Costamare in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Costamare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Costamare will appreciate offsetting losses from the drop in the long position's value.

Costamare Pair Trading

Costamare Pair Trading Analysis

The ability to find closely correlated positions to Costamare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costamare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costamare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costamare to buy it.
The correlation of Costamare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costamare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costamare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costamare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Costamare position

In addition to having Costamare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Blockchain
Blockchain Theme
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When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
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For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project Costamare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Costamare at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Costamare's income statement, its balance sheet, and the statement of cash flows.
Potential Costamare investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Costamare investors may work on each financial statement separately, they are all related. The changes in Costamare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Costamare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.