Himalaya Shipping (NYSE:HSHP – Get Free Report) and Costamare (NYSE:CMRE – Get Free Report) are both small-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends and valuation.
Valuation and Earnings
This table compares Himalaya Shipping and Costamare”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Himalaya Shipping | $36.74 million | 6.74 | $1.51 million | N/A | N/A |
| Costamare | $1.51 billion | 1.03 | $385.75 million | $3.01 | 4.38 |
Costamare has higher revenue and earnings than Himalaya Shipping.
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Himalaya Shipping | 1 | 0 | 0 | 0 | 1.00 |
| Costamare | 0 | 2 | 0 | 0 | 2.00 |
Costamare has a consensus target price of $13.50, suggesting a potential upside of 2.35%. Given Costamare’s stronger consensus rating and higher probable upside, analysts plainly believe Costamare is more favorable than Himalaya Shipping.
Volatility & Risk
Himalaya Shipping has a beta of 2.63, suggesting that its share price is 163% more volatile than the S&P 500. Comparatively, Costamare has a beta of 1.37, suggesting that its share price is 37% more volatile than the S&P 500.
Profitability
This table compares Himalaya Shipping and Costamare’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Himalaya Shipping | 21.93% | 15.72% | 3.14% |
| Costamare | 19.11% | 14.28% | 6.74% |
Insider & Institutional Ownership
22.3% of Himalaya Shipping shares are held by institutional investors. Comparatively, 58.1% of Costamare shares are held by institutional investors. 23.2% of Costamare shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Dividends
Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 3.2%. Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 3.5%. 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 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.
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.
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