Citigroup (NYSE:C) analyst Citigroup maintained a Buy rating on Costamare (NYSE:CMRE) Inc. on Wednesday, setting a price target of $12.5, which is approximately 12.61% above the present share price of $11.1.
expects Costamare Inc . to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Costamare, with an average price target of $12.75.
The analysts price targets range from a high of $13 to a low of $12.5.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $119.14 million and a net profit of $46.07 million. The company's market cap is $1.36 billion.
According to TipRanks.com, Citigroup analyst Citigroup is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 62.95% success rate.
Costamare, Inc. is a holding company, engages in the provision of containerships chartering. The firm owns vessels such as new build containerships and second hand vessel. The company was founded on April 21, 2008 and is headquartered in Monaco.