Costamare Inc. will announce Q3 2026 financial results on October 28, with details available on their website.
Quiver AI Summary
Costamare Inc. announced that it will release its third quarter financial results for 2026 on October 28, before the market opens in New York. The results will be available on the company's website. Costamare, a prominent owner and provider of containerships, has a fleet of 69 vessels and 22 newbuild ships under construction, totaling around 520,000 TEU in capacity, plus additional acquisitions planned. The company trades on the NYSE under several symbols. The press release also includes forward-looking statements regarding the company's future performance, noting that actual results may differ due to uncertainties. Contacts for investor relations are provided for further inquiries.
Potential Positives
- The announcement of the upcoming release of third-quarter results indicates transparency and provides investors with a scheduled opportunity to assess the company's financial performance.
- Costamare Inc.'s extensive history of 52 years in the international shipping industry showcases its stability and experience in the market, potentially fostering investor confidence.
- The company’s substantial fleet of 69 containerships, along with ongoing acquisitions and newbuilds, reflects robust growth and a solid position in the shipping industry.
- Participation in a leasing business signifies diversification of revenue streams, which can contribute to increased financial stability and resilience against market fluctuations.
Potential Negatives
- The company's announcement of forthcoming financial results may imply uncertainty or negative expectations regarding third-quarter performance, which could concern investors.
- The presence of forward-looking statements suggests potential volatility in future performance, raising red flags about the reliability of their projections.
- Details about the company's sale of two vessels and ongoing financial risks may raise concerns about their operational stability and long-term strategy.
FAQ
When will Costamare Inc. release Q3 2026 results?
Costamare Inc. will release its Q3 2026 results on October 28, 2026, before the market opens in New York.
Where can I find the Q3 financial results presentation?
The presentation of Costamare’s Q3 2026 financial results will be available on their official website, www.costamare.com.
What is Costamare Inc.'s fleet size?
Costamare Inc. operates a fleet of 69 containerships, with a total capacity of approximately 520,000 TEU.
What trading symbols are used for Costamare Inc. stocks?
Costamare Inc. stocks trade under the symbols “CMRE” for common stock and “CMRE PR B”, “CMRE PR C”, and “CMRE PR D” for preferred stocks.
Are there any forward-looking statements in the press release?
Yes, the press release contains forward-looking statements regarding the company's anticipated future results, which may differ from actual outcomes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CMRE Insider Trading Activity
$CMRE insiders have traded $CMRE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CMRE stock by insiders over the last 6 months:
- GRIGORIOS ZIKOS (Chief Financial Officer) sold 59,840 shares for an estimated $917,915
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CMRE Hedge Fund Activity
We have seen 89 institutional investors add shares of $CMRE stock to their portfolio, and 77 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 983,707 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,791,572
- BLACKROCK, INC. removed 711,258 shares (-16.5%) from their portfolio in Q2 2026, for an estimated $9,971,837
- AMERICAN CENTURY COMPANIES INC added 609,256 shares (+43.4%) to their portfolio in Q2 2026, for an estimated $8,541,769
- GOLDMAN SACHS GROUP INC added 498,338 shares (+50.5%) to their portfolio in Q2 2026, for an estimated $6,986,698
- FEDERATED HERMES, INC. added 328,708 shares (+102.0%) to their portfolio in Q2 2026, for an estimated $4,608,486
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 300,367 shares (-63.4%) from their portfolio in Q2 2026, for an estimated $4,211,145
- MILLENNIUM MANAGEMENT LLC added 289,717 shares (+115.5%) to their portfolio in Q2 2026, for an estimated $4,061,832
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
MONACO, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announced today that it will release its results for the third quarter ended September 30, 2026 before the market opens in New York on October 28, 2026.
Results Presentation:
A presentation of the Company’s financial results for the third quarter of 2026 will be posted on the Costamare Inc. website (www.costamare.com).
About Costamare Inc.
Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has 52 years of history in the international shipping industry and a fleet of 69 containerships in the water (including two vessels we have agreed to sell), with a total capacity of approximately 520,000 TEU. The Company also has 22 newbuild containerships under construction and has agreed to acquire two secondhand containerships, which together represent a total capacity of approximately 152,600 TEU. The Company also participates in a leasing business. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively.
Forward-Looking Statements
This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could”, “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors”.
Company Contacts:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development, Investor Relations
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: [email protected]
