← Back

Costamare Inc

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies that transport cargoes, while its dry bulk vessels are chartered to various customers for worldwide dry bulk transportation. As of February 24, 2026, the fleet consisted of 79 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

Country
Price · split & dividend adjusted
News & notes moving CMRE
CMRE▲

Costamare posts $77.4 million Q2 net income and secures $1.3 billion in new financing

Costamare Inc. reported second-quarter 2026 net income from continuing operations available to common stockholders of $77.4 million, or $0.64 per share, while announcing $1.3 billion in new bilateral financing agreements with leading US, European and Asian banks. The company concluded new financing agreements for $920 million and refinanced existing obligations, with bilateral commitments for additional refinancings of up to $331 million expected to be finalized during the third quarter. Adjusted net income from continuing operations available to common stockholders was $75.1 million, or $0.62 per share, and total liquidity stood at $423.0 million. The containership fleet is 97% fixed for 2026 and 94% for 2027, with contracted revenues of approximately $6.1 billion and a TEU-weighted duration of 5.9 years. Costamare also declared a quarterly common stock dividend of $0.125 per share, payable on August 6, 2026.
CMDB · Capital · Positive Costamare reported strong Q2 net income and secured $1.3 billion in new financing, including new agreements and refinancing.
CMRE · Capital · Positive Reported $77.4M Q2 net income and secured $1.3B in new bilateral financing agreements plus refinancings.
CMRE · Demand · Positive Fleet 97% fixed for 2026 and 94% for 2027 with ~$6.1B contracted revenues, indicating strong charter demand.
Read original ↗
GlobeNewswire·69dRead more →