Costamare's Revenue and Profit Margins Decline Amid Dividend Stability Concerns

Costamare's revenue is expected to decline by 44.7% over the next three years, with earnings forecasted to dip by 1% annually. Net profit margins dropped to 14.4%, raising concerns about the company's ability to cover its dividend. Despite a robust contracted pipeline and near-full fleet employment, analysts caution that optimism around tight ship supply and long-term charters may mask risks, such as potential renegotiation pressures in a downturn.