Cowen Group Company Profile (NASDAQ:COWN)

About Cowen Group (NASDAQ:COWN)

Cowen Group, Inc. is a financial services company. The Company provides alternative investment management, investment banking, research, sales and trading, and prime brokerage services. It operates through two segments: alternative investment and broker-dealer. The alternative investment segment includes hedge funds, private equity structures, registered investment companies and listed investment vehicles. The broker-dealer segment offers industry focused investment banking for growth-oriented companies, including advisory and global capital markets origination and domain knowledge-driven research, and a sales and trading platform for institutional investors. Its alternative investment platform, which operates under the Ramius name, offers investment products and solutions across the liquidity spectrum to institutional and private clients. Ramius offers investors access to strategies to meet their specific needs, including long/short equity, activist equity and event driven equity.

Industry, Sector and Symbol:

Sector: Finance
Industry: Investment Brokerage - National
Sub-Industry: Investment Banking & Brokerage
Symbol: NASDAQ:COWN
CUSIP: 22362210
Web: www.cowen.com

Capitalization:

Market Cap: $409.97 million
Outstanding Shares: 27,150,000

Average Prices:

50 Day Moving Avg: $14.45
200 Day Moving Avg: $13.33
52 Week Range: $2.73 - $16.75

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: 8.63
P/E Growth: 1.40

Sales & Book Value:

Annual Revenue: $399.6 million
Price / Sales: 1.03
Book Value: $24.93 per share
Price / Book: 0.61

Profitability:

Net Margins: 2.89%
Return on Equity: -0.08%
Return on Assets: -0.03%

Debt:

Debt-to-Equity Ratio: 0.17%
Current Ratio: 0.45%
Quick Ratio: 0.45%

Misc:

Average Volume: 441,056 shs.
Beta: 1.55
Short Ratio: 11.62

Frequently Asked Questions for Cowen Group (NASDAQ:COWN)

What is Cowen Group's stock symbol?

Cowen Group trades on the NASDAQ under the ticker symbol "COWN."

When did Cowen Group's stock split? How did Cowen Group's stock split work?

Cowen Group shares reverse split 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 closing bell on Friday, December 2nd 2016. An investor that had 100 shares of Cowen Group stock prior to the reverse split would have 25 shares after the split.

How were Cowen Group's earnings last quarter?

Cowen Group Inc (NASDAQ:COWN) issued its quarterly earnings data on Thursday, April, 27th. The company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.06. The firm earned $114.97 million during the quarter, compared to the consensus estimate of $135.52 million. Cowen Group had a negative return on equity of 0.08% and a net margin of 2.89%. Cowen Group's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.05) EPS. View Cowen Group's Earnings History.

When will Cowen Group make its next earnings announcement?

Cowen Group is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Cowen Group.

Where is Cowen Group's stock going? Where will Cowen Group's stock price be in 2017?

1 brokers have issued 12-month target prices for Cowen Group's shares. Their forecasts range from $17.00 to $17.00. On average, they expect Cowen Group's stock price to reach $17.00 in the next year. View Analyst Ratings for Cowen Group.

Who are some of Cowen Group's key competitors?

Some companies that are related to Cowen Group include Flushing Financial (FFIC), TriCo Bancshares (TCBK), MainSource Financial Group (MSFG), New Senior Investment Group (SNR), HomeStreet (HMST), McGrath RentCorp (MGRC), TIER REIT (TIER), RMR Group (RMR), Hersha Hospitality Trust (HT), Pennsylvania R.E.I.T. (PEI), Ambac Financial Group (AMBC), Altisource Residential Corp (RESI), Greenlight Capital Re (GLRE), Community Trust Bancorp (CTBI), Univest Co. of Pennsylvania (UVSP), Kinsale Capital Group (KNSL), Northfield Bancorp (NFBK) and State National Companies (SNC).

Who are Cowen Group's key executives?

Cowen Group's management team includes the folowing people:

Jeffrey M. Solomon, President, Chief Executive Officer of Cowen and Company
Peter A. Cohen, Chairman of the Board, Chief Executive Officer
Fred S. Fraenkel, Vice Chairman of the Board
Stephen A. Lasota, Chief Financial Officer
Michael Singer, Chief Executive Officer and President of Ramius
John Holmes, Chief Operating Officer
Owen S. Littman, General Counsel, Secretary
Jerome S. Markowitz, Lead Independent Director
Katherine Elizabeth Dietze, Independent Director
Steven Kotler, Independent Director

Who owns Cowen Group stock?

Cowen Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Ariel Investments LLC (8.74%), FMR LLC (6.30%), ARBITER PARTNERS CAPITAL MANAGEMENT LLC (5.54%), Dimensional Fund Advisors LP (4.72%), Vanguard Group Inc. (4.18%) and Mendon Capital Advisors Corp (3.88%). Company insiders that own Cowen Group stock include Jeffrey M Solomon, John J Holmes and Owen S Littman. View Institutional Ownership Trends for Cowen Group.

Who sold Cowen Group stock? Who is selling Cowen Group stock?

Cowen Group's stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Royce & Associates LP, Mendon Capital Advisors Corp, Credit Suisse AG, William Blair Investment Management LLC, Ruffer LLP, RMB Capital Management LLC and Bank of New York Mellon Corp. Company insiders that have sold Cowen Group stock in the last year include John J Holmes and Owen S Littman. View Insider Buying and Selling for Cowen Group.

Who bought Cowen Group stock? Who is buying Cowen Group stock?

Cowen Group's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Fosun International Ltd, Conning Inc., Vanguard Group Inc., Fisher Asset Management LLC, SG Americas Securities LLC, Parametric Portfolio Associates LLC and Croft Leominster Inc.. View Insider Buying and Selling for Cowen Group.

How do I buy Cowen Group stock?

Shares of Cowen Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cowen Group's stock price today?

One share of Cowen Group stock can currently be purchased for approximately $15.10.

MarketBeat Community Rating for Cowen Group (NASDAQ COWN)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		36 (Vote Outperform)
Underperform Votes:		54 (Vote Underperform)
Total Votes:		90

MarketBeat's community ratings are surveys of what our community members think about Cowen Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Cowen Group (NASDAQ:COWN) (?)

Ratings Breakdown:	1 Hold Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$17.00 (12.58% upside)

Analysts' Ratings History for Cowen Group (NASDAQ:COWN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
2/22/2017	Cowen and Company	Reiterated Rating	Neutral	$16.00 -> $17.00	N/A
3/16/2016	Nomura	Lower Price Target	Neutral	$18.40 -> $16.00	N/A
10/8/2015	JMP Securities	Lower Price Target		$28.00 -> $24.00	N/A
10/7/2015	Keefe, Bruyette & Woods	Lower Price Target		$28.00 -> $26.00	N/A
7/20/2015	Sandler O'Neill	Downgrade	Buy -> Hold	$27.00	N/A

(Data available from 5/29/2015 forward)

Earnings History for Cowen Group (NASDAQ:COWN)

Earnings by Quarter for Cowen Group (NASDAQ:COWN)

Earnings History by Quarter for Cowen Group (NASDAQ:COWN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/26/2017
4/27/2017	Q1 2017	$0.13	$0.19	$135.52 million	$114.97 million	View	N/A
2/16/2017	Q416	$0.03	($0.48)	$126.50 million	$122.30 million	View	Listen
10/27/2016	Q316	$0.04	$0.10	$134.76 million	$153.50 million	View	Listen
7/28/2016	Q216	($0.08)	($0.20)	$99.25 million	$117.23 million	View	Listen
4/28/2016	Q116	$0.03	($0.05)	$101.25 million	$101.00 million	View	Listen
2/25/2016	Q415	$0.08	$0.14	$138.66 million	$160.70 million	View	Listen
10/29/2015	Q315	($0.10)	($0.13)	$111.76 million	$82.80 million	View	Listen
7/30/2015	Q215	$0.08	$0.09	$125.94 million	$124.40 million	View	Listen
4/30/2015	Q115	$0.10	$0.20	$146.52 million	$161.70 million	View	Listen
2/26/2015	Q4	$0.08	$0.16	$119.40 million	$165.80 million	View	Listen
11/6/2014	Q3	$0.05	$0.06	$107.80 million	$107.10 million	View	Listen
8/7/2014	Q2	$0.06	$0.07	$104.69 million	$111.50 million	View	Listen
5/7/2014	Q1	$0.06	$0.08	$103.31 million	$110.00 million	View	Listen
2/27/2014	Q4	$0.02	$0.02	$88.60 million	$97.40 million	View	Listen
11/7/2013		$0.03	$0.03			View	Listen
8/2/2013	Q2 2013	$0.02	$0.01	$79.50 million	$81.10 million	View	Listen
11/8/2012	Q312	($0.02)	($0.09)	$68.50 million	$66.00 million	View	N/A
3/4/2011		$0.06	$0.06			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Cowen Group (NASDAQ:COWN)

Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $1.75 EPS

Dividend History for Cowen Group (NASDAQ:COWN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading and Institutional Ownership History for Cowen Group (NASDAQ:COWN)

Insider Ownership Percentage: 4.90%

Institutional Ownership by Quarter for Cowen Group (NASDAQ:COWN)

Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/2/2017	John J Holmes	COO	Sell	35,000	$15.71	$549,850.00
12/15/2016	Owen S. Littman	General Counsel	Sell	7,500	$16.39	$122,925.00
3/1/2016	Jeffrey M Solomon	President	Buy	15,000	$3.52	$52,800.00
6/11/2014	Owen S Littman	General Counsel	Sell	60,000	$4.20	$252,000.00
6/5/2014	John J Holmes	Insider	Sell	60,000	$4.17	$250,200.00
5/16/2014	Jeffrey M Solomon	Director	Buy	25,000	$3.85	$96,250.00
8/6/2013	Jeffrey M Solomon	CEO	Sell	100,000	$3.60	$360,000.00
3/11/2013	Jerome S Markowitz	Director	Buy	100,000	$2.70	$270,000.00
3/7/2013	Jerome S Markowitz	Director	Buy	69,047	$2.60	$179,522.20

(Data available from 1/1/2013 forward)

Headline Trends for Cowen Group (NASDAQ:COWN) Latest Headlines for Cowen Group (NASDAQ:COWN)

Source:

Date	Headline
	Uniti Group Inc. to Present at the Cowen and Company 45th Annual Technology, Media and Telecom Conference www.nasdaq.com - May 25 at 6:03 PM
	Cowen Announces New Brand Identity finance.yahoo.com - May 16 at 12:46 PM
	Cowen Wins European Hedge Fund Services Award finance.yahoo.com - May 10 at 8:15 AM
	Cowen Expands International Prime Services Team finance.yahoo.com - May 5 at 4:40 PM
	Very Favorable Media Coverage Very Likely to Impact Cowen Group (COWN) Stock Price www.americanbankingnews.com - May 4 at 8:52 AM
	John J. Holmes Sells 35,000 Shares of Cowen Group Inc (COWN) Stock www.americanbankingnews.com - May 3 at 10:38 PM
	ETFs with exposure to Cowen Group, Inc. : May 3, 2017 finance.yahoo.com - May 3 at 4:25 PM
	Cowen Group, Inc. :COWN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017 finance.yahoo.com - May 2 at 7:01 PM
	Cowen Group (COWN) Receives News Impact Score of 0.61 www.americanbankingnews.com - April 30 at 10:14 AM
	Edited Transcript of COWN earnings conference call or presentation 27-Apr-17 8:30pm GMT finance.yahoo.com - April 28 at 5:24 PM
	Cowen Group, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : April 28, 2017 finance.yahoo.com - April 28 at 5:24 PM
	Cowen Group Inc (COWN) Issues Earnings Results, Beats Expectations By $0.06 EPS www.americanbankingnews.com - April 27 at 11:20 PM
	BRIEF-Cowen Group Q1 non-gaap earnings per share $0.19 www.reuters.com - April 27 at 9:57 PM
	Favorable News Coverage Very Likely to Affect Cowen Group (COWN) Stock Price www.americanbankingnews.com - April 27 at 6:16 PM
	Investor Network: Cowen Group, Inc. Class A to Host Earnings Call finance.yahoo.com - April 27 at 4:55 PM
	Cowen Group, Inc. Announces First Quarter 2017 Financial Results finance.yahoo.com - April 27 at 4:55 PM
	Cowen posts 1Q profit finance.yahoo.com - April 27 at 4:55 PM
	Cowen Group (COWN) Earns Daily Media Sentiment Score of 0.56 www.americanbankingnews.com - April 23 at 8:06 AM
	Very Favorable Media Coverage Very Likely to Affect Cowen Group (COWN) Stock Price www.americanbankingnews.com - April 20 at 11:54 AM
	Cowen Group, Inc. Announces 2017 First Quarter Earnings Conference Call finance.yahoo.com - April 20 at 10:24 AM
	Cowen Group (COWN) Receiving Favorable Press Coverage, Report Finds www.americanbankingnews.com - April 13 at 12:26 PM
	Cowen Expands Technology and Industrials Investment Banking Teams finance.yahoo.com - April 11 at 1:06 PM
	Cowen Group Inc (COWN) Short Interest Up 1.8% in March www.americanbankingnews.com - April 7 at 4:20 PM
	Blog Coverage Cowen Group Adds Muscle to its Brokerage and Trading Business with Acquisition of Convergex finance.yahoo.com - April 7 at 9:09 AM
	Cowen Group (COWN) Acquires Convergex for $116M In Cash And Stock - Slideshow seekingalpha.com - April 3 at 9:53 PM
	Cowen Group Announces Acquisition of Convergex finance.yahoo.com - April 3 at 4:53 PM
	7:31 am Cowen Group will acquire Convergex Group from GTCR, BNY Mellon (BK) and other shareholders for a total consideration of $116 mln in cash and Cowen common stock finance.yahoo.com - April 3 at 4:53 PM
	China Energy Takes 19.9% Stake in Cowen www.wsj.com - March 30 at 4:53 PM
	COWEN GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securit biz.yahoo.com - March 30 at 4:53 PM
	Cowen’s China Play Involves More Than Just Money www.investopedia.com - March 30 at 2:57 AM
	Cowen and CEFC China Announce Strategic Partnership us.rd.yahoo.com - March 29 at 9:56 PM
	8:24 am Cowen Group announces CEFC China will acquire an 19.9% equity interest in the co for $18.00/share or approx. $100 mln us.rd.yahoo.com - March 29 at 9:56 PM
	CEFC China to buy 20 pct stake in U.S. brokerage Cowen us.rd.yahoo.com - March 29 at 9:56 PM
	[$$] China Energy to buy 20% stake in Cowen Group www.ft.com - March 29 at 9:56 PM
	Cowen to Sell 20% Stake to Conglomerate China Energy www.thestreet.com - March 29 at 4:53 PM
	CEFC China to buy 20 percent stake in U.S. brokerage Cowen www.reuters.com - March 29 at 12:07 PM
	Cowen Group (COWN) Enters Strategic Partnership with CEFC China; CEFC China to Acquire 19.9% of Outstanding Stock for $18/Share www.streetinsider.com - March 29 at 12:07 PM
	[$$] China Energy Takes 19.9% Stake in Cowen www.wsj.com - March 29 at 12:07 PM
	Dow Under Pressure, Nasdaq Rises on Gains in Amazon, Google www.thestreet.com - March 29 at 12:07 PM
	Stocks Remain Mixed as Fed's Rosengren Calls for 4 Rate Hikes in 2017 www.thestreet.com - March 29 at 12:07 PM
	The reason Hollywood's studio leadership is in flux: The business model is changing www.latimes.com - March 26 at 10:33 AM
	Amazon joins Martha Stewart for meal kit delivery as battle for online grocery heats up www.marketwatch.com - March 23 at 2:35 AM
	Your first trade for Wednesday, March 22 finance.yahoo.com - March 23 at 2:35 AM
	Movado Group's (MOV) CEO Efraim Grinberg on Q4 2016 Results - Earnings Call Transcript seekingalpha.com - March 21 at 11:41 AM
	Cowen to Co-Host Digital Health CEO Summit finance.yahoo.com - March 20 at 4:49 PM
	Your first trade for Friday, March 17 finance.yahoo.com - March 17 at 3:54 PM
	COWEN GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure biz.yahoo.com - March 13 at 4:34 PM
	Why TripAdvisor Inc. Stock Spiked Today www.fool.com - March 8 at 5:12 PM
	Cowen Prime Services Named Best Global Prime Broker at the 2017 Hedgeweek Awards finance.yahoo.com - March 8 at 5:12 PM
	What a Border Adjustment Tax Means for U.S. Retailers finance.yahoo.com - March 3 at 4:26 PM