Costamare (CMRE) vs Performance Shipping (PSHG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Costamare (CMRE) has outperformed Performance Shipping (PSHG) over the past year, gaining 36.8% versus a loss of 12.6%. Over five years, CMRE leads with a +9.7% price change compared with -97.9% for PSHG. Costamare is the larger company by market cap ($1.83 billion vs $20.6 million), about 88.6 times the size.
On valuation, Performance Shipping trades at a lower forward P/E (1.5x vs 5.4x for Costamare). Costamare pays a dividend yielding 3.11%, while Performance Shipping does not currently pay one.
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 | PSHG |
|---|---|---|
| Share price | $15.12 | $1.66 |
| Market cap | $1.83B | $20.64M |
| 1-day change | -1.11% | -0.60% |
| YTD return | -3.17% | -22.07% |
| 1-year return | +36.76% | -12.63% |
| 5-year return | +9.68% | -97.94% |
| P/E ratio (TTM) | 5.73 | 1.80 |
| Forward P/E | 5.44 | 1.54 |
| EPS (TTM) | $2.64 | $0.92 |
| Dividend yield | 3.11% | 0.00% |
| Annual dividend | $0.47 | $0.00 |
| Revenue (latest FY) | $877.90M | — |
| Revenue growth (YoY) | -1.19% | — |
| Net income (latest FY) | $364.57M | — |
| Operating margin | 51.96% | — |
| Net margin | 41.53% | — |
| 52-week high | $18.06 | $2.58 |
| 52-week low | $10.84 | $1.61 |
| Distance from 52-week high | -16.28% | -35.66% |
| Analyst consensus | none | none |
| Avg. price target upside | +32.28% | +246.39% |
| Average volume | 364.82K | 48.75K |
| Shares outstanding | 120.89M | 12.43M |
| Employees | 1,880 | 292 |
| 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
- Costamare is about 88.6 times larger than Performance Shipping by market value ($1.83B vs $20.64M).
- CMRE has outperformed PSHG by 49.4 percentage points over the past year.
- Costamare trades at a higher earnings multiple (5.7x vs 1.8x trailing P/E).
- Costamare offers a meaningfully higher dividend yield (3.11% vs 0.00%).
About Costamare
CMRE stock →Costamare Inc. owns and operates containerships and dry bulk vessels worldwide.
Consumer Discretionary · Marine Transportation · 1,880 employees
About Performance Shipping
PSHG stock →Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide.
Consumer Discretionary · Marine Transportation · 292 employees
CMRE vs PSHG FAQ
Which is bigger, Costamare or Performance Shipping?
Costamare (CMRE) is larger, with a market capitalization of $1.83B compared with $20.64M for Performance Shipping (PSHG).
Which stock has performed better over the past year, CMRE or PSHG?
CMRE returned +36.76% over the past 12 months, compared with -12.63% for PSHG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CMRE or PSHG?
PSHG has the lower trailing P/E at 1.8, 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 Performance Shipping?
Costamare pays a dividend yielding 3.11%, while Performance Shipping does not currently pay a regular dividend.
Are Costamare and Performance Shipping in the same industry?
Yes. Both are classified in the Marine Transportation industry within the Consumer Discretionary sector.