Costamare (CMRE) vs Global Ship Lease New (GSL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Global Ship Lease New (GSL) has outperformed Costamare (CMRE) over the past year, gaining 53.0% versus a gain of 30.7%. Over five years, GSL leads with a +103.0% price change compared with +7.9% for CMRE. On valuation, Global Ship Lease New trades at a lower forward P/E (5.0x vs 5.4x for Costamare).
Global Ship Lease New offers the higher dividend yield (5.59% vs 3.13%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CMRE | GSL |
|---|---|---|
| Share price | $15.04 | $44.72 |
| Market cap | $1.82B | — |
| 1-day change | -0.40% | -1.71% |
| YTD return | -4.75% | +27.63% |
| 1-year return | +30.67% | +53.05% |
| 5-year return | +7.89% | +103.00% |
| P/E ratio (TTM) | 5.72 | 4.37 |
| Forward P/E | 5.41 | 5.05 |
| EPS (TTM) | $2.63 | $10.24 |
| Dividend yield | 3.13% | 5.59% |
| Annual dividend | $0.47 | $2.50 |
| 52-week high | $18.06 | $46.57 |
| 52-week low | $10.84 | $27.28 |
| Distance from 52-week high | -16.72% | -3.97% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +32.98% | +14.04% |
| Average volume | 364.81K | 322.41K |
| Shares outstanding | 120.89M | — |
| Employees | 1,880 | 7 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Marine Transportation | Marine Transportation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GSL has outperformed CMRE by 22.4 percentage points over the past year.
- Costamare trades at a higher earnings multiple (5.7x vs 4.4x trailing P/E).
- Global Ship Lease New offers a meaningfully higher dividend yield (5.59% vs 3.13%).
About Costamare
CMRE stock →Costamare Inc. owns and operates containerships and dry bulk vessels worldwide.
Consumer Discretionary · Marine Transportation · 1,880 employees
About Global Ship Lease New
GSL stock →Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering out containerships under fixed-rate charters to container liner companies worldwide. As of March 12, 2026, it owned 71 mid-sized and smaller containerships, ranging from 2,207 to 11,040 (TEU), with an aggregate capacity of 423,003 TEU.
Consumer Discretionary · Marine Transportation · 7 employees
CMRE vs GSL FAQ
Which stock has performed better over the past year, CMRE or GSL?
GSL returned +53.05% over the past 12 months, compared with +30.67% for CMRE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CMRE or GSL?
GSL has the lower trailing P/E at 4.4, versus 5.7 for CMRE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Costamare or Global Ship Lease New?
Global Ship Lease New has the higher yield at 5.59%, compared with 3.13% for Costamare.
Are Costamare and Global Ship Lease New in the same industry?
Yes. Both are classified in the Marine Transportation industry within the Consumer Discretionary sector.