Cowen Group Company Profile (NASDAQ:COWN)

About Cowen Group (NASDAQ:COWN)

Cowen Group logoCowen 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?

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.

Analyst Ratings

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:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/22/2017Cowen and CompanyReiterated RatingNeutral$16.00 -> $17.00N/AView Rating Details
3/16/2016NomuraLower Price TargetNeutral$18.40 -> $16.00N/AView Rating Details
10/8/2015JMP SecuritiesLower Price Target$28.00 -> $24.00N/AView Rating Details
10/7/2015Keefe, Bruyette & WoodsLower Price Target$28.00 -> $26.00N/AView Rating Details
7/20/2015Sandler O'NeillDowngradeBuy -> Hold$27.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Cowen Group (NASDAQ:COWN)
Earnings by Quarter for Cowen Group (NASDAQ:COWN)
Earnings History by Quarter for Cowen Group (NASDAQ:COWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.13$0.19$135.52 million$114.97 millionViewN/AView Earnings Details
2/16/2017Q416$0.03($0.48)$126.50 million$122.30 millionViewListenView Earnings Details
10/27/2016Q316$0.04$0.10$134.76 million$153.50 millionViewListenView Earnings Details
7/28/2016Q216($0.08)($0.20)$99.25 million$117.23 millionViewListenView Earnings Details
4/28/2016Q116$0.03($0.05)$101.25 million$101.00 millionViewListenView Earnings Details
2/25/2016Q415$0.08$0.14$138.66 million$160.70 millionViewListenView Earnings Details
10/29/2015Q315($0.10)($0.13)$111.76 million$82.80 millionViewListenView Earnings Details
7/30/2015Q215$0.08$0.09$125.94 million$124.40 millionViewListenView Earnings Details
4/30/2015Q115$0.10$0.20$146.52 million$161.70 millionViewListenView Earnings Details
2/26/2015Q4$0.08$0.16$119.40 million$165.80 millionViewListenView Earnings Details
11/6/2014Q3$0.05$0.06$107.80 million$107.10 millionViewListenView Earnings Details
8/7/2014Q2$0.06$0.07$104.69 million$111.50 millionViewListenView Earnings Details
5/7/2014Q1$0.06$0.08$103.31 million$110.00 millionViewListenView Earnings Details
2/27/2014Q4$0.02$0.02$88.60 million$97.40 millionViewListenView Earnings Details
11/7/2013$0.03$0.03ViewListenView Earnings Details
8/2/2013Q2 2013$0.02$0.01$79.50 million$81.10 millionViewListenView Earnings Details
11/8/2012Q312($0.02)($0.09)$68.50 million$66.00 millionViewN/AView Earnings Details
3/4/2011$0.06$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cowen Group (NASDAQ:COWN)
Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $1.75 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Cowen Group (NASDAQ:COWN)
Insider Ownership Percentage: 4.90%
Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)
Institutional Ownership by Quarter for Cowen Group (NASDAQ:COWN)
Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/2/2017John J HolmesCOOSell35,000$15.71$549,850.00View SEC Filing  
12/15/2016Owen S. LittmanGeneral CounselSell7,500$16.39$122,925.00View SEC Filing  
3/1/2016Jeffrey M SolomonPresidentBuy15,000$3.52$52,800.00View SEC Filing  
6/11/2014Owen S LittmanGeneral CounselSell60,000$4.20$252,000.00View SEC Filing  
6/5/2014John J HolmesInsiderSell60,000$4.17$250,200.00View SEC Filing  
5/16/2014Jeffrey M SolomonDirectorBuy25,000$3.85$96,250.00View SEC Filing  
8/6/2013Jeffrey M SolomonCEOSell100,000$3.60$360,000.00View SEC Filing  
3/11/2013Jerome S MarkowitzDirectorBuy100,000$2.70$270,000.00View SEC Filing  
3/7/2013Jerome S MarkowitzDirectorBuy69,047$2.60$179,522.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cowen Group (NASDAQ:COWN)
Latest Headlines for Cowen Group (NASDAQ:COWN)
Source:
DateHeadline
nasdaq.com logoUniti 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
finance.yahoo.com logoCowen Announces New Brand Identity
finance.yahoo.com - May 16 at 12:46 PM
finance.yahoo.com logoCowen Wins European Hedge Fund Services Award
finance.yahoo.com - May 10 at 8:15 AM
finance.yahoo.com logoCowen Expands International Prime Services Team
finance.yahoo.com - May 5 at 4:40 PM
americanbankingnews.com logoVery Favorable Media Coverage Very Likely to Impact Cowen Group (COWN) Stock Price
www.americanbankingnews.com - May 4 at 8:52 AM
americanbankingnews.com logoJohn J. Holmes Sells 35,000 Shares of Cowen Group Inc (COWN) Stock
www.americanbankingnews.com - May 3 at 10:38 PM
finance.yahoo.com logoETFs with exposure to Cowen Group, Inc. : May 3, 2017
finance.yahoo.com - May 3 at 4:25 PM
finance.yahoo.com logoCowen Group, Inc. :COWN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 2 at 7:01 PM
americanbankingnews.com logoCowen Group (COWN) Receives News Impact Score of 0.61
www.americanbankingnews.com - April 30 at 10:14 AM
finance.yahoo.com logoEdited Transcript of COWN earnings conference call or presentation 27-Apr-17 8:30pm GMT
finance.yahoo.com - April 28 at 5:24 PM
finance.yahoo.com logoCowen 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
americanbankingnews.com logoCowen Group Inc (COWN) Issues Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - April 27 at 11:20 PM
reuters.com logoBRIEF-Cowen Group Q1 non-gaap earnings per share $0.19
www.reuters.com - April 27 at 9:57 PM
americanbankingnews.com logoFavorable News Coverage Very Likely to Affect Cowen Group (COWN) Stock Price
www.americanbankingnews.com - April 27 at 6:16 PM
finance.yahoo.com logoInvestor Network: Cowen Group, Inc. Class A to Host Earnings Call
finance.yahoo.com - April 27 at 4:55 PM
finance.yahoo.com logoCowen Group, Inc. Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 4:55 PM
finance.yahoo.com logoCowen posts 1Q profit
finance.yahoo.com - April 27 at 4:55 PM
americanbankingnews.com logoCowen Group (COWN) Earns Daily Media Sentiment Score of 0.56
www.americanbankingnews.com - April 23 at 8:06 AM
americanbankingnews.com logoVery Favorable Media Coverage Very Likely to Affect Cowen Group (COWN) Stock Price
www.americanbankingnews.com - April 20 at 11:54 AM
finance.yahoo.com logoCowen Group, Inc. Announces 2017 First Quarter Earnings Conference Call
finance.yahoo.com - April 20 at 10:24 AM
americanbankingnews.com logoCowen Group (COWN) Receiving Favorable Press Coverage, Report Finds
www.americanbankingnews.com - April 13 at 12:26 PM
finance.yahoo.com logoCowen Expands Technology and Industrials Investment Banking Teams
finance.yahoo.com - April 11 at 1:06 PM
americanbankingnews.com logoCowen Group Inc (COWN) Short Interest Up 1.8% in March
www.americanbankingnews.com - April 7 at 4:20 PM
finance.yahoo.com logoBlog Coverage Cowen Group Adds Muscle to its Brokerage and Trading Business with Acquisition of Convergex
finance.yahoo.com - April 7 at 9:09 AM
seekingalpha.com logoCowen Group (COWN) Acquires Convergex for $116M In Cash And Stock - Slideshow
seekingalpha.com - April 3 at 9:53 PM
finance.yahoo.com logoCowen Group Announces Acquisition of Convergex
finance.yahoo.com - April 3 at 4:53 PM
finance.yahoo.com logo7:31 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
wsj.com logoChina Energy Takes 19.9% Stake in Cowen
www.wsj.com - March 30 at 4:53 PM
biz.yahoo.com logoCOWEN 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
investopedia.com logoCowen’s China Play Involves More Than Just Money
www.investopedia.com - March 30 at 2:57 AM
us.rd.yahoo.com logoCowen and CEFC China Announce Strategic Partnership
us.rd.yahoo.com - March 29 at 9:56 PM
us.rd.yahoo.com logo8:24 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
us.rd.yahoo.com logoCEFC China to buy 20 pct stake in U.S. brokerage Cowen
us.rd.yahoo.com - March 29 at 9:56 PM
ft.com logo[$$] China Energy to buy 20% stake in Cowen Group
www.ft.com - March 29 at 9:56 PM
thestreet.com logoCowen to Sell 20% Stake to Conglomerate China Energy
www.thestreet.com - March 29 at 4:53 PM
reuters.com logoCEFC China to buy 20 percent stake in U.S. brokerage Cowen
www.reuters.com - March 29 at 12:07 PM
streetinsider.com logoCowen Group (COWN) Enters Strategic Partnership with CEFC China; CEFC China to Acquire 19.9% of Outstanding Stock for $18/Share
www.streetinsider.com - March 29 at 12:07 PM
wsj.com logo[$$] China Energy Takes 19.9% Stake in Cowen
www.wsj.com - March 29 at 12:07 PM
thestreet.com logoDow Under Pressure, Nasdaq Rises on Gains in Amazon, Google
www.thestreet.com - March 29 at 12:07 PM
thestreet.com logoStocks Remain Mixed as Fed's Rosengren Calls for 4 Rate Hikes in 2017
www.thestreet.com - March 29 at 12:07 PM
latimes.com logoThe reason Hollywood's studio leadership is in flux: The business model is changing
www.latimes.com - March 26 at 10:33 AM
marketwatch.com logoAmazon joins Martha Stewart for meal kit delivery as battle for online grocery heats up
www.marketwatch.com - March 23 at 2:35 AM
finance.yahoo.com logoYour first trade for Wednesday, March 22
finance.yahoo.com - March 23 at 2:35 AM
seekingalpha.com logoMovado Group's (MOV) CEO Efraim Grinberg on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 21 at 11:41 AM
finance.yahoo.com logoCowen to Co-Host Digital Health CEO Summit
finance.yahoo.com - March 20 at 4:49 PM
finance.yahoo.com logoYour first trade for Friday, March 17
finance.yahoo.com - March 17 at 3:54 PM
biz.yahoo.com logoCOWEN GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 13 at 4:34 PM
fool.com logoWhy TripAdvisor Inc. Stock Spiked Today
www.fool.com - March 8 at 5:12 PM
finance.yahoo.com logoCowen Prime Services Named Best Global Prime Broker at the 2017 Hedgeweek Awards
finance.yahoo.com - March 8 at 5:12 PM
finance.yahoo.com logoWhat a Border Adjustment Tax Means for U.S. Retailers
finance.yahoo.com - March 3 at 4:26 PM

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Chart

Cowen Group (COWN) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff