This Shipping Stock Hit 15 New Highs This Month

ahsan65@gmail.comDecember 3, 2025

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This Shipping Stock Hit 15 New Highs This Month

Costamare (CMRE) has strong technical momentum and just set a new 52-week high.
The shares have a 100% technical “Buy” rating from Barchart.
CMRE stock is up nearly 30% in the last month alone.
Analyst sentiment is mixed, but Morningstar rates CMRE as 19% undervalued and Seeking Alpha rates it a “strong buy.”

Valued at $1.9 billion, Costamare (CMRE) is a container ship owner chartering its vessels to liner companies. The company deploys its container ship fleet primarily on multi-year time charters to major liner companies that operate regular services between major commercial ports.

Costamare also offers a range of shipping services, such as technical support and maintenance, insurance consultancy, financial and accounting services. Costamare is headquartered in Athens, Greece.

I found today’s Chart of the Day using Barchart’s powerful filtering functions to sort stocks with the highest technical buy signals; a greater current momentum in terms of strength and direction; and a “buy” signal from Trend Seeker. I then used Barchart’s Flipcharts feature to examine the charts for consistent price appreciation. CMRE ticks these boxes. Since Trend Seeker reported another “buy” on November 3, the stock has gained 29.61%.

www.barchart.com

Editor’s note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day depending on market fluctuations. The indicator numbers shown below may therefore not correspond to what you see live on the Barchart.com website when you read this report. These technical indicators form Barchart’s opinion on a particular stock.

Costamare hit a 52-week high of $16.25 on December 3.

CMRE has a Weighted Alpha of +49.62.
Costamare has a 100% “Buy” rating from Barchart.
The stock has gained 21.97% over the past year.
CMRE has its Trend Seeker “Buy” signal intact.
The stock recently traded at $16.08 with a 50-day moving average of $12.95.
Costamare hit 15 new highs and gained 29.53% last month.
The relative strength index (RSI) is at 81.54.
There is a technical support level of around $15.50.

Market capitalization of $1.9 billion.
Dividend yield of 2.87%.
Revenue is expected to decline by 42.39% this year and another 18.67% next year.
Revenue is expected to increase by 6.70% this year but decrease by 2.04% next year.

I don’t buy stocks because everyone else is buying, but I realize that if big companies and investors dump their stocks, it’s hard to make money against the tide.

It appears Wall Street isn’t impressed, but individual investors like this stock.

Wall Street analysts followed by Barchart have issued 2 “Hold” ratings on the stock with price targets between $10.30 and $12.00.
Value Line rates the stock “above average.”
CFRA’s MarketScope advisor gives it a “Buy” rating.
Morningstar believes that even with the stock’s recent rise, it is undervalued by 19% with a fair value of $19.23.
134 investors who follow the stock on Motley Fool think it will beat the market while 23 think it won’t.
9,350 investors are monitoring the stock on Seeking Alpha, which gives it a “strong buy” rating.

The company has a multi-year backlog of over $2.5 billion, so the 2.87% dividend seems very safe. Keep your stop losses in place.

Today’s Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here.

Additional disclosure: Today’s bar chart highlights stocks that are experiencing exceptional current price appreciation. They do not constitute buying recommendations because these stocks are extremely volatile and speculative. If you decide to add any of these stocks to your investment portfolio, it is strongly suggested that you follow a predetermined diversification and moving stop loss discipline that fits your personal investment risk tolerance.

As of the date of publication, Jim Van Meerten had (directly or indirectly) no position in any of the securities mentioned in this article. All information and data contained in this article are for informational purposes only. This article was originally published on Barchart.com

ahsan65@gmail.comDecember 3, 2025

0 0 3 minutes read