Cowen Group, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets. It also invests in alternative investments markets through its subsidiaries. Cowen Group, Inc. was founded in 1994 and is headquartered in New York, New York with additional offices in Boston, Massachusetts, Chicago, Illinois, Cleveland, Ohio, Dallas, Texas, and San Francisco, California.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNASDAQ:COWN
CUSIP22362210
Phone646-562-1000
Debt
Debt-to-Equity Ratio0.19
Current Ratio0.88
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio13.38
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$658.78 million
Price / Sales0.66
Cash Flow$1.1727 per share
Price / Cash12.62
Book Value$24.06 per share
Price / Book0.62
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-60,880,000.00
Net Margins-5.91%
Return on Equity4.33%
Return on Assets1.14%
Miscellaneous
Employees1,124
Outstanding Shares29,500,000
Cowen Inc Class A (NASDAQ:COWN) Frequently Asked Questions
What is Cowen Inc Class A's stock symbol?
Cowen Inc Class A trades on the NASDAQ under the ticker symbol "COWN."
When did Cowen Inc Class A's stock split? How did Cowen Inc Class A's stock split work?
Shares of Cowen Inc Class A reverse split before market open on Monday, December 5th 2016. The 1-4 reverse split was announced on Wednesday, November 9th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 2nd 2016. An investor that had 100 shares of Cowen Inc Class A stock prior to the reverse split would have 25 shares after the split.
How will Cowen Inc Class A's stock buyback program work?
Cowen Inc Class A announced that its board has authorized a stock repurchase plan on Friday, February 16th 2018, which allows the company to repurchase $23,600,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were Cowen Inc Class A's earnings last quarter?
Cowen Inc Class A (NASDAQ:COWN) announced its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.79 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.16. The financial services provider earned $241.50 million during the quarter, compared to analyst estimates of $220.06 million. Cowen Inc Class A had a positive return on equity of 4.33% and a negative net margin of 5.91%. Cowen Inc Class A's revenue for the quarter was up 110.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 EPS. View Cowen Inc Class A's Earnings History.
When is Cowen Inc Class A's next earnings date?
What price target have analysts set for COWN?
3 brokers have issued 12 month price targets for Cowen Inc Class A's stock. Their predictions range from $16.00 to $19.00. On average, they expect Cowen Inc Class A's stock price to reach $17.6667 in the next twelve months. View Analyst Ratings for Cowen Inc Class A.
Who are some of Cowen Inc Class A's key competitors?
Some companies that are related to Cowen Inc Class A include Wisdom Tree Investments (WETF), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Investment Technology Group (ITG), Greenhill & Co., Inc. (GHL), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Global Arena (GAHC), Gleacher & Company Inc (GLCH), Capital Financial Holdings, Inc. Common Stock (CPFH) and Woodstock (WSFL).
Who are Cowen Inc Class A's key executives?
Cowen Inc Class A's management team includes the folowing people:
- Mr. Jeffrey Marc Solomon, CEO & Director (Age 52)
- Mr. Stephen A. Lasota, Chief Financial Officer (Age 55)
- Mr. John J. Holmes, Managing Director & Chief Operating Officer (Age 54)
- Mr. Owen S. Littman, Gen. Counsel & Sec. (Age 45)
- Mr. Daniel S. Charney, Co-Pres
Has Cowen Inc Class A been receiving favorable news coverage?
News stories about COWN stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cowen Inc Class A earned a news sentiment score of 0.03 on Accern's scale. They also gave media stories about the financial services provider an impact score of 43.84 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Cowen Inc Class A's major shareholders?
Cowen Inc Class A's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.04%), Thompson Siegel & Walmsley LLC (2.54%), Mendon Capital Advisors Corp (2.35%), Salzhauer Michael (1.83%), Cumberland Partners Ltd (1.61%) and Millennium Management LLC (1.39%). Company insiders that own Cowen Inc Class A stock include John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen Inc Class A.
Which major investors are selling Cowen Inc Class A stock?
COWN stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Wells Fargo & Company MN, Citadel Advisors LLC, California Public Employees Retirement System, SG Americas Securities LLC, Gator Capital Management LLC, New York State Common Retirement Fund and Fisher Asset Management LLC. View Insider Buying and Selling for Cowen Inc Class A.
Which major investors are buying Cowen Inc Class A stock?
COWN stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Salzhauer Michael, Mendon Capital Advisors Corp, Chicago Equity Partners LLC, RMB Capital Management LLC, Monarch Partners Asset Management LLC, Cumberland Partners Ltd and Millennium Management LLC. View Insider Buying and Selling for Cowen Inc Class A.
How do I buy shares of Cowen Inc Class A?
Shares of COWN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cowen Inc Class A's stock price today?
One share of COWN stock can currently be purchased for approximately $14.80.
How big of a company is Cowen Inc Class A?
Cowen Inc Class A has a market capitalization of $449.82 million and generates $658.78 million in revenue each year. Cowen Inc Class A employs 1,124 workers across the globe.
How can I contact Cowen Inc Class A?
Cowen Inc Class A's mailing address is 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY, 10022. The financial services provider can be reached via phone at 646-562-1000 or via email at [email protected]
MarketBeat Community Rating for Cowen Inc Class A (COWN)
MarketBeat's community ratings are surveys of what our community members think about Cowen Inc Class A and other stocks. Vote "Outperform" if you believe COWN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COWN will underperform the S&P 500 over the long term. You may vote once every thirty days.
