Costamare (NYSE:CMRE): Revisiting Valuation After a Strong Multi-Month Share Price Rally
Costamare (NYSE:CMRE) has quietly delivered a strong run, with the stock up about 26% over the past month and 35% in the past 3 months, despite declining annual revenue.
See our latest analysis for Costamare.
Zooming out, Costamare’s roughly 21% year to date share price return and powerful 1 year total shareholder return of about 73% suggest momentum is firmly building as investors reassess the company’s earnings resilience and asset values.
If Costamare’s recent move has you thinking about what else might be gathering steam in shipping and beyond, this could be a good moment to explore fast growing stocks with high insider ownership.
But with revenue contracting, analyst targets sitting below the current price, and valuation…
