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

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

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%

Insider and Institutional Ownership

58.1% of Costamare shares are held by institutional investors. Comparatively, 22.3% of Himalaya Shipping shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Costamare and Himalaya Shipping”s top-line 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	4.39
Himalaya Shipping	$36.74 million	6.39	$1.51 million	N/A	N/A

Costamare has higher revenue and earnings than Himalaya Shipping.

Volatility and Risk

Costamare has a beta of 1.34, suggesting that its share price is 34% more volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 2.36, suggesting that its share price is 136% more volatile than the S&P 500.

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 3.4%. Costamare pays out 15.3% of its earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Costamare and Himalaya Shipping, as reported 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 price target of $13.50, indicating a potential upside of 2.27%. Given Costamare’s stronger consensus rating and higher possible upside, analysts clearly believe Costamare is more favorable than Himalaya Shipping.

Summary

Costamare beats Himalaya Shipping on 7 of the 12 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.