Cowen Group Company Profile (NASDAQ:COWN)

About Cowen Group (NASDAQ:COWN)

Cowen Group logoCowen Inc., formerly 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 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 and event driven equity.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Banking & Brokerage Services
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NASDAQ:COWN
  • CUSIP: 22362210
  • Web: www.cowen.com
Capitalization:
  • Market Cap: $483.2 million
  • Outstanding Shares: 30,882,000
Average Prices:
  • 50 Day Moving Avg: $16.75
  • 200 Day Moving Avg: $15.79
  • 52 Week Range: $11.60 - $18.25
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 1.15
Sales & Book Value:
  • Annual Revenue: $444.43 million
  • Price / Sales: 1.09
  • Book Value: $23.72 per share
  • Price / Book: 0.66
Profitability:
  • Net Margins: 1.00%
  • Return on Equity: 1.92%
  • Return on Assets: 0.72%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.71%
Misc:
  • Average Volume: 248,520 shs.
  • Beta: 1.67
  • Short Ratio: 20.32
 

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?

Shares of Cowen Group 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) announced its quarterly earnings results on Thursday, August, 3rd. The company reported $0.39 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.12. The company earned $171.90 million during the quarter, compared to analyst estimates of $169.54 million. Cowen Group had a return on equity of 1.92% and a net margin of 1.00%. Cowen Group's quarterly revenue was up 113.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.11) earnings per share. 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 Thursday, October, 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?

3 brokers have issued twelve-month price objectives for Cowen Group's stock. Their forecasts range from $17.00 to $18.00. On average, they anticipate Cowen Group's stock price to reach $17.67 in the next twelve months. 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
  • Stephen A. Lasota, Chief Financial Officer
  • John Holmes, Chief Operating Officer
  • Ann Neidenbach, Chief Information Officer
  • Owen S. Littman, General Counsel, Secretary
  • Jerome S. Markowitz, Lead Independent Director
  • Katherine Elizabeth Dietze, Independent Director
  • Steven Kotler, Independent Director
  • Jack H. Nusbaum, Independent Director

Who owns Cowen Group stock?

Cowen Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.75%). Company insiders that own Cowen Group stock include Jeffrey M Solomon, John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen Group.

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

Cowen Group's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. 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 $15.70.


MarketBeat Community Rating for Cowen Group (NASDAQ COWN)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  189
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.67 (12.53% upside)
Consensus Price Target History for Cowen Group (NASDAQ:COWN)
Price Target History for Cowen Group (NASDAQ:COWN)
Analysts' Ratings History for Cowen Group (NASDAQ:COWN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/11/2017InstinetReiterated RatingNeutral$17.00 -> $18.00HighView Rating Details
8/10/2017NomuraBoost Price TargetNeutral$17.00 -> $18.00MediumView Rating Details
2/22/2017Cowen and CompanyReiterated RatingNeutral$16.00 -> $17.00N/AView Rating Details
(Data available from 10/21/2015 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
10/25/2017$0.42N/AView Earnings Details
8/3/2017Q2 2017$0.27$0.39$169.54 million$171.90 millionViewListenView Earnings Details
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)

No earnings estimates for this company have been tracked by MarketBeat.com

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%
Institutional Ownership Percentage: 81.53%
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
7/13/2017Peter A CohenMajor ShareholderSell100,000$0.31$31,000.00View SEC Filing  
7/12/2017Peter A CohenMajor ShareholderSell500,000$0.21$105,000.00View SEC Filing  
7/11/2017Peter A CohenMajor ShareholderSell122,363$0.32$39,156.16View SEC Filing  
7/10/2017Peter A CohenMajor ShareholderSell133,202$0.37$49,284.74View SEC Filing  
7/7/2017Peter A CohenMajor ShareholderSell194,349$0.39$75,796.11View SEC Filing  
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
finance.yahoo.com logoCowen Prime Services Wins US Hedge Fund Services Award 2017
finance.yahoo.com - October 20 at 6:57 PM
thestreet.com logoMiguel Roman Joins Cowen's Investment Banking Leveraged Finance Group
www.thestreet.com - October 19 at 11:06 PM
finance.yahoo.com logoCowen Announces 2017 Third Quarter Earnings Conference Call
finance.yahoo.com - October 19 at 6:03 PM
finance.yahoo.com logoMiguel Roman Joins Cowen’s Investment Banking Leveraged Finance Group
finance.yahoo.com - October 18 at 6:48 PM
americanbankingnews.com logoCowen Group, Inc. (COWN) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 18 at 5:56 AM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : October 13, 2017
finance.yahoo.com - October 13 at 6:03 PM
finance.yahoo.com logoDrew Forman and Evan Karp Join Cowen’s Derivatives Sales and Trading Team
finance.yahoo.com - October 12 at 6:16 PM
finance.yahoo.com logoCowen Completes Integration of Cowen Execution Services’ Prime Business; Further Expands Its Global Prime Brokerage and Outsourced Trading Offerings
finance.yahoo.com - October 6 at 5:42 PM
finance.yahoo.com logoETFs with exposure to Cowen, Inc. : October 3, 2017
finance.yahoo.com - October 3 at 5:16 PM
nasdaq.com logoCowen Upgrades Altria Group - Nasdaq
www.nasdaq.com - September 30 at 12:15 AM
finance.yahoo.com logoCowen Prime Services Wins Hedgeweek USA Award 2017
finance.yahoo.com - September 22 at 9:37 AM
finance.yahoo.com logoETFs with exposure to Cowen, Inc. : September 19, 2017
finance.yahoo.com - September 19 at 5:29 PM
finance.yahoo.com logoCowen, Inc. :COWN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 18 at 5:30 PM
finance.yahoo.com logoCowen and CEFC China Provide Update on CFIUS Review
finance.yahoo.com - September 15 at 5:52 PM
finance.yahoo.com logoLife after Rosneft deal: CEFC ambitions face debt, regulatory hurdles
finance.yahoo.com - September 15 at 4:22 AM
benzinga.com logoBelieving 17% Upside Lies Ahead, Cowen Upgrades DowDuPont
www.benzinga.com - September 13 at 6:43 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : September 12, 2017
finance.yahoo.com - September 12 at 6:08 PM
bloomberg.com logoWhite House Considering at Least Six for Fed Chair
www.bloomberg.com - September 7 at 5:37 PM
bloomberg.com logoWhite House Considering at Least Six for Fed Chair
www.bloomberg.com - September 7 at 5:37 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 29, 2017
finance.yahoo.com - August 29 at 5:51 PM
americanbankingnews.com logoFinancial Survey: Cowen Group (COWN) vs. Goldman Sachs Group, Inc. (The) (GS)
www.americanbankingnews.com - August 26 at 4:28 PM
finance.yahoo.com logoAnn M. Miller Joins Cowen’s Special Situations Team
finance.yahoo.com - August 17 at 6:46 PM
finance.yahoo.com logoCowen’s ADR Direct® Platform Launches New Global Client Portal Featuring Enhanced Functionality
finance.yahoo.com - August 16 at 5:54 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 14, 2017
finance.yahoo.com - August 14 at 5:51 PM
americanbankingnews.com logoInstinet Reiterates Neutral Rating for Cowen Group, Inc. (NASDAQ:COWN)
www.americanbankingnews.com - August 13 at 2:24 PM
seekingalpha.com logoUniti (UNIT) Presents At Cowen and Company 3rd Annual Communications Infrastructure Summit - Slideshow
seekingalpha.com - August 10 at 6:43 PM
americanbankingnews.com logoCowen Group, Inc. (COWN) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS
www.americanbankingnews.com - August 4 at 11:08 PM
finance.yahoo.com logoEdited Transcript of COWN earnings conference call or presentation 3-Aug-17 8:30pm GMT
finance.yahoo.com - August 4 at 5:41 PM
finance.yahoo.com logoCowen Announced Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 8:34 PM
finance.yahoo.com logoCowen posts 2Q profit
finance.yahoo.com - August 3 at 8:34 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : August 3, 2017
finance.yahoo.com - August 3 at 3:30 PM
finance.yahoo.com logoInvestor Network: Cowen Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 3:30 PM
marketwatch.com logoAmerican Airlines' stock rallies after Cowen raises rating, price target
www.marketwatch.com - July 31 at 5:21 PM
finance.yahoo.com logoCowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
finance.yahoo.com - July 28 at 7:16 PM
seekingalpha.com logoAltria Group (MO) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 27 at 5:43 PM
finance.yahoo.com logoCowen Announces 2017 Second Quarter Earnings Conference Call
finance.yahoo.com - July 27 at 5:43 PM
seekingalpha.com logoTriumph Group (TGI) Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - July 26 at 6:00 PM
americanbankingnews.com logoPeter A. Cohen Sells 100,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 9:08 PM
americanbankingnews.com logoPeter A. Cohen Sells 500,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 8:46 PM
finance.yahoo.com logoCowen’s Westminster Research Associates Named “Greenwich Quality Leader” In Greenwich Associate’s 2017 U.S. Equity Investors Study
finance.yahoo.com - July 13 at 6:37 PM
americanbankingnews.com logoPeter A. Cohen Sells 194,349 Shares of Cowen Group, Inc. (NASDAQ:COWN) Stock
www.americanbankingnews.com - July 12 at 8:45 PM
americanbankingnews.com logoInsider Selling: Cowen Group, Inc. (COWN) Major Shareholder Sells 133,202 Shares of Stock
www.americanbankingnews.com - July 12 at 8:45 PM
americanbankingnews.com logoCowen Group, Inc. (COWN) Major Shareholder Sells $39,156.16 in Stock
www.americanbankingnews.com - July 12 at 8:42 PM
americanbankingnews.com logoLPL Financial Holdings (LPLA) vs. Cowen Group (COWN) Critical Comparison
www.americanbankingnews.com - July 9 at 7:34 AM
americanbankingnews.com logoReviewing Cowen Group (COWN) and E*TRADE Financial Corporation (ETFC)
www.americanbankingnews.com - July 8 at 12:16 AM
americanbankingnews.com logoReviewing Cowen Group (NASDAQ:COWN) and Nomura Holdings Inc ADR (NMR)
www.americanbankingnews.com - July 6 at 6:20 PM
finance.yahoo.com logoCowen Expands Its Leadership Team
finance.yahoo.com - July 5 at 6:11 PM
seekingalpha.com logoUniti (UNIT) Presents At Cowen and Company 45th Annual Technology, Media & Telecom Conference - Slideshow
seekingalpha.com - May 31 at 4:28 PM
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
reuters.com logoBRIEF-Cowen Group Q1 non-gaap earnings per share $0.19
www.reuters.com - April 27 at 9:57 PM

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Chart

Cowen Group (COWN) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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