Head-To-Head Contrast: Costamare (NYSE:CMRE) & Himalaya Shipping (NYSE:HSHP)

Costamare (NYSE:CMRE) and Himalaya Shipping (NYSE:HSHP) are both small-cap transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, institutional ownership, earnings, profitability and risk.

Analyst Recommendations

This is a summary of recent recommendations and price targets 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 presently has a consensus target price of $13.50, suggesting a potential upside of 2.35%. Given Costamare’s stronger consensus rating and higher possible upside, equities analysts plainly believe Costamare is more favorable than Himalaya Shipping.

Insider and Institutional 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Costamare has a beta of 1.37, meaning that its stock price is 37% more volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 2.63, meaning that its stock 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%

Earnings and Valuation

This table compares Costamare and Himalaya Shipping”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Costamare	$1.51 billion	1.03	$385.75 million	$3.01	4.38
Himalaya Shipping	$36.74 million	6.74	$1.51 million	N/A	N/A

Costamare has higher revenue and earnings than Himalaya Shipping.

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.

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.