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

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$15.71 -0.26 (-1.63 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$15.71
Today's Range$15.70 - $16.06
52-Week Range$11.80 - $17.99
Volume187,932 shs
Average Volume283,026 shs
Market Capitalization$464.86 million
P/E Ratio7.11
Dividend YieldN/A
Beta1.44
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$966.92 million
Cash Flow$3.6620 per share
Book Value$27.54 per share

Profitability

Net Income$42.82 million

Miscellaneous

Employees1,212
Market Cap$464.86 million
Next Earnings Date7/25/2019 (Estimated)
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?

Cowen shares 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 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 initiated a stock buyback plan on Friday, February 16th 2018, which permits the company to buyback $23,600,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

How were Cowen's earnings last quarter?

Cowen Inc (NASDAQ:COWN) announced its earnings results on Thursday, April, 25th. The financial services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.04. The financial services provider earned $233.50 million during the quarter, compared to analyst estimates of $220.13 million. Cowen had a net margin of 3.91% and a return on equity of 8.94%. The business's revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.79 EPS. View Cowen's Earnings History.

When is Cowen's next earnings date?

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

What price target have analysts set for COWN?

0 brokers have issued 1-year target prices for Cowen's stock. Their predictions range from $10,000,000.00 to $0.00. On average, they expect Cowen's share price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%. View Analyst Price Targets for Cowen.

What is the consensus analysts' recommendation for Cowen?

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

Has Cowen been receiving favorable news coverage?

Headlines about COWN stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive news 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 news sentiment score of 1.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are some of Cowen's key competitors?

What other stocks do shareholders of Cowen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cowen investors own include Canopy Growth (CGC), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), General Electric (GE), Just Energy Group (JE), U.S. Silica (SLCA), Tellurian (TELL), Chesapeake Energy (CHK), 22nd Century Group (XXII) and AXT (AXTI).

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 CPA, MD & CFO (Age 56)
  • Mr. John J. Holmes, MD & COO (Age 55)
  • Mr. Owen S. Littman, MD, Gen. Counsel & Sec. (Age 46)
  • Ms. Elizabeth Flisser Rosman, MD & Head of Investment Management

Who are Cowen's major shareholders?

Cowen's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.42%), Philadelphia Financial Management of San Francisco LLC (5.40%), FMR LLC (4.94%), Dimensional Fund Advisors LP (4.73%), Salzhauer Michael (1.89%) and Monarch Partners Asset Management LLC (1.59%). Company insiders that own Cowen stock include Brett H Barth 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 Morgan Stanley, Fosun International Ltd, Mendon Capital Advisors Corp, Philadelphia Financial Management of San Francisco LLC, BlackRock Inc., Parametric Portfolio Associates LLC, Foundry Partners LLC and FMR 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 BBR Partners LLC, Acadian Asset Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, IndexIQ Advisors LLC, Spark Investment Management LLC, Oxford Asset Management LLP and Wells Fargo & Company MN. 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 $15.71.

How big of a company is Cowen?

Cowen has a market capitalization of $464.86 million and generates $966.92 million in revenue each year. Cowen employs 1,212 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, 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:  224 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  446
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 5/19/2019 by MarketBeat.com Staff

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