5 Most Profitable Small-Cap Stocks Now

3. Costamare Inc. (NYSE:CMRE)

Number of Hedge Fund Holders: 9

Net Income (TTM) as of December 31, 2022: $523.8 million

Costamare Inc. (NYSE:CMRE) is one of the world’s leading marine shipping companies and is currently trading cheaply relative to earnings. As of February 17, Costamare Inc. (NYSE:CMRE) has a TTM PE ratio of 2.38 and has gained 8.34% year to date. Costamare Inc. (NYSE:CMRE) is placed high on our list of the most profitable small-cap stocks. The company’s net income as of December 31, 2022, amounted to $523.8 million, up from $404 million in fiscal 2021.

Costamare Inc. (NYSE:CMRE) was a part of 9 investors’ portfolios at the close of Q3 2022. The total stakes of these hedge funds amounted to $28.4 million. As of December 31, Citadel Investment Group is the leading shareholder in the company and has disclosed a stake worth $4.69 million.

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