Costamare Inc. (NYSE:CMRE) Updates On Dividend Release Date


On 2016-07-06, Costamare Inc. (NYSE:CMRE) confirmed the dividend disbursement of $0.29 a share to shareholders as on record 2016-08-03. The firm will release dividend on 2016-08-17 while ex-dividend date is reported to be 2016-08-01.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Costamare Inc. (NYSE:CMRE) paid a total of $0.29 per share in dividends. This figure stood at $0.29 a share in the same period a year ago indicating a deviation of 3.6036%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $9.833 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $11 and $7.5, respectively.

Taking the mathematical rating formula, the price for Costamare Inc. (NYSE:CMRE) stands at 3. Earnings Review Costamare Inc. (NYSE:CMRE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.

Coming to the quarter ending on 2015-12-31, Costamare Inc. (NYSE:CMRE) recorded EPS of $0.42. The reported numbers came lower than the analysts’ estimates of $0.41, demonstrating a miss of $0.01 as against reported figures.

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