Financial Contrast: Okeanis Eco Tankers (NYSE:ECO) and Costamare (NYSE:CMRE)

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

Profitability

This table compares Okeanis Eco Tankers and Costamare’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Okeanis Eco Tankers	19.52%	15.81%	6.07%
Costamare	17.10%	13.67%	6.95%

Insider and Institutional Ownership

58.1% of Costamare 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, large money managers and endowments believe a company is poised for long-term growth.

Dividends

Okeanis Eco Tankers pays an annual dividend of $2.80 per share and has a dividend yield of 7.9%. Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 3.2%. Okeanis Eco Tankers pays out 134.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Costamare pays out 18.4% of its earnings in the form of a dividend.

Valuation & Earnings

This table compares Okeanis Eco Tankers and Costamare”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Okeanis Eco Tankers	$344.21 million	3.30	$108.86 million	$2.09	16.88
Costamare	$2.09 billion	0.82	$319.92 million	$2.50	5.67

Costamare has higher revenue and earnings than Okeanis Eco Tankers. Costamare is trading at a lower price-to-earnings ratio than Okeanis Eco Tankers, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of recent recommendations for Okeanis Eco Tankers and Costamare, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okeanis Eco Tankers	0	2	2	0	2.50
Costamare	0	3	0	0	2.00

Okeanis Eco Tankers currently has a consensus price target of $34.50, indicating a potential downside of 2.18%. Costamare has a consensus price target of $12.00, indicating a potential downside of 15.42%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Okeanis Eco Tankers is more favorable than Costamare.

Summary

Okeanis Eco Tankers beats Costamare on 8 of the 15 factors compared between the two stocks.

About Okeanis Eco Tankers

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

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.