Vagn Moller - Costamare Independent Director

CMRE Stock  USD 14.10  0.21  1.47%   

Director

Mr. Vagn Lehd Moller serves as Independent Director of Costamare Inc. He is a member of our board of directors. From 1963 to 2007, Mr. Mller worked with A.P. MllerMaersk AS where he eventually served as Executive Vice President and Chief Operations Officer of the worlds largest liner company, Maersk Line. Mr. Mller was instrumental in the purchase and integration of Sealand Services by A.P. MllerMaersk AS in 2000 and of PO Nedlloyd in 2005. Mr. Mller served on the board of directors of Scan Global Logistics AS, a Danish based internal logistics company, as member and chairman
Age 73
Address 7 Rue du Gabian, Monaco, Monaco, 98000
Phone377 93 25 09 40
Webhttps://www.costamare.com
Møller currently serves as chairman of the boards of Navadan ApS, a Danish company supplying tank cleaning systems and products, ZITON A/S and Jackup InvestCo 2 A/S and is a member of the board of directors of Jackup InvestCo 3 Plc., all being companies investing in jackup vessels chartered to offshore windmill companies. He also serves as a member of the board of The Survey Association A/S, a Danish based marine surveyor company.

Costamare Management Efficiency

The company has return on total asset (ROA) of 0.0516 % which means that it generated a profit of $0.0516 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1583 %, meaning that it created $0.1583 on every $100 dollars invested by stockholders. Costamare's management efficiency ratios could be used to measure how well Costamare manages its routine affairs as well as how well it operates its assets and liabilities. At present, Costamare's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Costamare's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 209.3 M, whereas Non Current Assets Total are forecasted to decline to about 2.9 B.
Costamare currently holds 2.65 B in liabilities with Debt to Equity (D/E) ratio of 1.47, which is about average as compared to similar companies. Costamare has a current ratio of 1.72, which is within standard range for the sector. Note, when we think about Costamare's use of debt, we should always consider it together with its cash and equity.

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Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. Costamare operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 2750 people. Costamare (CMRE) is traded on New York Stock Exchange in USA. It is located in 7 Rue du Gabian, Monaco, Monaco, 98000 and employs 2,750 people. Costamare is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Costamare Leadership Team

Elected by the shareholders, the Costamare's board of directors comprises two types of representatives: Costamare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Costamare. The board's role is to monitor Costamare's management team and ensure that shareholders' interests are well served. Costamare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Costamare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vagn Moller, Independent Director
Charlotte Stratos, Independent Director
Anastasios Gabrielides, General Secretary
Peter Lund, Chief Officer
Anastassios Gabrielides, General Counsel and Secretary
Gregory Zikos, Chief Financial Officer, Director
Konstantinos Konstantakopoulos, Chairman, CEO and Chairman of Corporate Governance, Nominating and Compensation Committee
Konstantinos Zacharatos, Director

Costamare Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Costamare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.399
Dividend Share
0.46
Earnings Share
3.01
Revenue Per Share
17.083
Quarterly Revenue Growth
0.36
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.