Where Does Wall Street Think Costamare Inc (CMRE) Stock Will Go?

Thursday, October 21, 2021 11:11 AM | InvestorsObserver Analysts

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InvestorsObserver is giving Costamare Inc (CMRE) an Analyst Rating Rank of 75, meaning CMRE is ranked higher by analysts than 75% of stocks. The average price target for CMRE is $12.75 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating CMRE a Strong Buy today. Find out what this means to you and get the rest of the rankings on CMRE!
See Full CMRE Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Costamare Inc Stock Today?

Costamare Inc (CMRE) stock is lower by -1.73% while the S&P 500 is higher by 0.02% as of 11:10 AM on Thursday, Oct 21. CMRE has fallen -$0.25 from the previous closing price of $14.42 on volume of 135,082 shares. Over the past year the S&P 500 has gained 32.07% while CMRE is higher by 109.62%. CMRE earned $1.47 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.62. Click Here to get the full Stock Report for Costamare Inc stock.

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