Costamare stock rises 1.31 percent after Q2 results

Published on 09/28/2026 at 23:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costamare stock posted USD 209.19 million in Q2 2026 revenue, down from USD 211.06 million in Q1. Net income rose to USD 82.65 million and the next report is set for November 3, 2026.

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Costamare stock was last at USD 14.72 on the NYSE on September 28, 2026 at 4:00 p.m. ET, up 1.31 percent from the prior close of USD 14.53. The move came as investors weighed the containership owner's latest quarterly figures and its income distribution.

Quarterly revenue slips

Investing.com reports that Costamare generated USD 209.19 million of revenue in Q2 2026, compared with USD 211.06 million in Q1 2026. That is a sequential decline of 0.89 percent, while the same source puts net income at USD 82.65 million versus USD 80.40 million previously.

The earnings mix therefore improved even as revenue eased. Q2 2026 earnings per share stood at USD 0.62, according to Investing.com, which identifies July 27, 2026 as the latest release date.

Dividend and analyst targets

Costamare raised its quarterly dividend to USD 0.125, equal to USD 0.50 on an annualized basis, according to MarketBeat. The payout was listed with a 3.3 percent yield and a 19.01 percent payout ratio in the September 10, 2026 report.

MarketBeat also said on August 18, 2026 that Weiss Ratings reiterated a Hold rating. Its overview cited a Moderate Buy consensus and a USD 12.00 average price target, below the September 28, 2026 market price.

Stock remains below yearly high

The September 28, 2026 quote places Costamare at a USD 1.78 billion market capitalization, with 284,934 shares traded. The 52-week range is USD 10.84 to USD 18.06, leaving the stock USD 3.34, or 18.49 percent, below its yearly high.

For investors, the key contrast is clear: net income increased sequentially, revenue declined 0.89 percent, and the average analyst target cited by MarketBeat remains below the latest quote. The next earnings date is listed as November 3, 2026 by Backpack Exchange.