NASDAQ:COWN - Cowen Stock Price, News, & Analysis

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$16.63 +0.19 (+1.16 %)
(As of 02/19/2019 01:49 PM ET)
Previous Close$16.44
Today's Range$16.48 - $16.73
52-Week Range$11.80 - $17.99
Volume6,820 shs
Average Volume394,659 shs
Market Capitalization$484.61 million
P/E Ratio7.85
Dividend YieldN/A
Beta1.43
Cowen 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.

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Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:COWN
CUSIP22362210
Phone646-562-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$658.78 million
Cash Flow$1.3198 per share
Book Value$24.06 per share

Profitability

Net Income$-60,880,000.00

Miscellaneous

Employees1,124
Market Cap$484.61 million
OptionableOptionable

Cowen (NASDAQ:COWN) Frequently Asked Questions

What is Cowen's stock symbol?

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

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

Shares of Cowen 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 stock prior to the reverse split would have 25 shares after the split.

How will Cowen's stock buyback program work?

Cowen announced that its board has authorized a stock repurchase plan on Friday, February 16th 2018, which authorizes the company to repurchase $23,600,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Cowen's earnings last quarter?

Cowen Inc (NASDAQ:COWN) released its quarterly earnings data on Thursday, February, 14th. The financial services provider reported $0.28 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.17. The financial services provider had revenue of $259.90 million for the quarter, compared to analyst estimates of $193.30 million. Cowen had a negative net margin of 4.32% and a positive return on equity of 7.61%. The firm's revenue was up 27.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.30) earnings per share. View Cowen's Earnings History.

When is Cowen's next earnings date?

Cowen is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Cowen.

What price target have analysts set for COWN?

1 brokers have issued twelve-month price objectives for Cowen's stock. Their predictions range from $19.00 to $19.00. On average, they anticipate Cowen's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for Cowen.

What is the consensus analysts' recommendation for Cowen?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cowen.

Has Cowen been receiving favorable news coverage?

News coverage about COWN stock has trended somewhat positive this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cowen earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are some of Cowen's key competitors?

Who are Cowen's key executives?

Cowen's management team includes the folowing people:
  • Mr. Jeffrey Marc Solomon, CEO & Director (Age 53)
  • Mr. Stephen A. Lasota, MD & CFO (Age 56)
  • Mr. John J. Holmes, MD & COO (Age 55)
  • Mr. Owen S. Littman, MD, Gen. Counsel & Sec. (Age 46)
  • Mr. Frederic M. Seegal, MD & Vice Chairman of Investment Banking (Age 71)

Who are Cowen's major shareholders?

Cowen's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.97%), Philadelphia Financial Management of San Francisco LLC (5.93%), Dimensional Fund Advisors LP (4.90%), Millennium Management LLC (3.87%), Mendon Capital Advisors Corp (2.13%) and Fosun International Ltd (1.79%). Company insiders that own Cowen stock include Brett H Barth, John J Holmes and Peter A Cohen. View Institutional Ownership Trends for Cowen.

Which major investors are selling Cowen stock?

COWN stock was sold by a variety of institutional investors in the last quarter, including Fosun International Ltd, New York State Common Retirement Fund, Philadelphia Financial Management of San Francisco LLC, Mendon Capital Advisors Corp, BlackRock Inc., SG Americas Securities LLC, Conning Inc. and Gator Capital Management LLC. View Insider Buying and Selling for Cowen.

Which major investors are buying Cowen stock?

COWN stock was bought by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Millennium Management LLC, Voce Capital Management LLC, Steinberg Global Asset Management, Monarch Partners Asset Management LLC, Geode Capital Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and GSA Capital Partners LLP. View Insider Buying and Selling for Cowen.

How do I buy shares of Cowen?

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's stock price today?

One share of COWN stock can currently be purchased for approximately $16.63.

How big of a company is Cowen?

Cowen has a market capitalization of $484.61 million and generates $658.78 million in revenue each year. Cowen employs 1,124 workers across the globe.

What is Cowen's official website?

The official website for Cowen is http://www.cowen.com.

How can I contact Cowen?

Cowen'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 (NASDAQ COWN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  412
MarketBeat's community ratings are surveys of what our community members think about Cowen 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.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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