Cowen Stock Forecast, Price & News

Cowen's stock was trading at $11.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, COWN shares have increased by 30.1% and is now trading at $15.12.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cowen.

Cowen is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Cowen.

Cowen Inc (NASDAQ:COWN) announced its quarterly earnings data on Tuesday, July, 28th. The financial services provider reported $5.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $4.51 by $1.18. The financial services provider had revenue of $369.54 million for the quarter, compared to the consensus estimate of $523.90 million. Cowen had a net margin of 9.74% and a return on equity of 19.70%.
View Cowen's earnings history.

Cowen announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.04 per share on Tuesday, September 15th. This represents a $0.16 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Monday, August 31st.
View Cowen's dividend history.

Cowen's stock 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.

4 Wall Street analysts have issued 1 year target prices for Cowen's stock. Their forecasts range from $18.00 to $22.00. On average, they expect Cowen's stock price to reach $19.75 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price.
View analysts' price targets for Cowen.

Cowen saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,230,000 shares, an increase of 9.1% from the August 15th total of 2,960,000 shares. Based on an average trading volume of 341,800 shares, the short-interest ratio is currently 9.4 days. Approximately 12.6% of the company's stock are sold short.
View Cowen's Short Interest.

Some companies that are related to Cowen include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), Piper Jaffray Companies (PJC), BGC Partners (BGCP), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL) and FBR & Co (FBRC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cowen investors own include CROWN CASTLE IN/SH SH (CCI), Canopy Growth (CGC), Advanced Micro Devices (AMD), Abbott Laboratories (ABT), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), AbbVie (ABBV), Pfizer (PFE), Primo Water (PRMW) and Alibaba Group (BABA).

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

Cowen's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (11.91%), Arbiter Partners Capital Management LLC (7.05%), Vanguard Group Inc. (5.31%), Heartland Advisors Inc. (2.10%), Pzena Investment Management LLC (1.94%) and Russell Investments Group Ltd. (1.91%). Company insiders that own Cowen stock include Brett H Barth, Cowen Inc, Jeffrey M Solomon, Lawrence E Leibowitz and Owen S Littman.
View institutional ownership trends for Cowen.

COWN stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Cumberland Partners Ltd, Bank of America Corp DE, Bridgeway Capital Management Inc., Ancora Advisors LLC, Fisher Asset Management LLC, Nuveen Asset Management LLC, and Goldman Sachs Group Inc..
View insider buying and selling activity for Cowen.

COWN stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Pzena Investment Management LLC, Schonfeld Strategic Advisors LLC, Arbiter Partners Capital Management LLC, Russell Investments Group Ltd., Azora Capital LP, Salzhauer Michael, and Jacobs Levy Equity Management Inc.. Company insiders that have bought Cowen stock in the last two years include Brett H Barth, Cowen Inc, Jeffrey M Solomon, Lawrence E Leibowitz, and Owen S Littman.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of COWN stock can currently be purchased for approximately $15.12.

Cowen has a market capitalization of $418.43 million and generates $1.05 billion in revenue each year. The financial services provider earns $24.63 million in net income (profit) each year or $2.21 on an earnings per share basis. Cowen employs 1,325 workers across the globe.

The official website for Cowen is www.cowen.com.

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]