Costamare (NYSE:CMRE – Get Free Report) and Himalaya Shipping (NYSE:HSHP – Get Free Report) are both small-cap transportation companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, analyst recommendations, dividends and profitability.
Risk and Volatility
Costamare has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 2.63, meaning that its share price is 163% more volatile than the S&P 500.
Profitability
This table compares Costamare and Himalaya Shipping’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Costamare | 19.11% | 14.28% | 6.74% |
| Himalaya Shipping | 21.93% | 15.72% | 3.14% |
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Costamare | $1.51 billion | 1.03 | $385.75 million | $3.01 | 4.39 |
| Himalaya Shipping | $36.74 million | 6.74 | $1.51 million | N/A | N/A |
Costamare has higher revenue and earnings than Himalaya Shipping.
Institutional & Insider Ownership
58.1% of Costamare shares are owned by institutional investors. Comparatively, 22.3% of Himalaya Shipping shares are owned by institutional investors. 23.2% of Costamare shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Dividends
Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 3.5%. Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 3.2%. Costamare pays out 15.3% of its earnings in the form of a dividend.
Analyst Recommendations
This is a summary of current ratings for Costamare and Himalaya Shipping, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Costamare | 0 | 2 | 0 | 0 | 2.00 |
| Himalaya Shipping | 1 | 0 | 0 | 0 | 1.00 |
Costamare currently has a consensus target price of $13.50, suggesting a potential upside of 2.27%. Given Costamare’s stronger consensus rating and higher probable upside, research analysts clearly believe Costamare is more favorable than Himalaya Shipping.
Summary
Costamare beats Himalaya Shipping on 8 of the 13 factors compared between the two stocks.
About Costamare
Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.
About Himalaya Shipping
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.
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