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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone646-562-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$966.92 million
Profitability
Miscellaneous
Employees1,212
Next Earnings Date10/24/2019 (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'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.
How will Cowen's stock buyback program work?
Cowen announced that its board has initiated a share repurchase program on Friday, February 16th 2018, which allows the company to repurchase $23,600,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Cowen's earnings last quarter?
Cowen Inc (NASDAQ:COWN) posted its earnings results on Friday, July, 26th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.08. The financial services provider earned $244.40 million during the quarter, compared to analysts' expectations of $230.19 million. Cowen had a return on equity of 8.32% and a net margin of 3.72%. Cowen's revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 earnings per share. View Cowen's Earnings History.
When is Cowen's next earnings date?
What price target have analysts set for COWN?
1 brokerages have issued 12 month target prices for Cowen's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Cowen's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 24.5% 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?
Media coverage about COWN stock has trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cowen earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Cowen.
Who are some of Cowen's key competitors?
Some companies that are related to Cowen include Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Freedom (FRHC), Gamco Investors (GBL), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), Siebert Financial (SIEB), JMP Group (JMP), Global Arena (GAHC), Woodstock (WSFL), Capital Financial (CPFH) and Merriman (MERR).
What other stocks do shareholders of Cowen own?
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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.57%), Vanguard Group Inc. (5.10%), Russell Investments Group Ltd. (4.58%), D. E. Shaw & Co. Inc. (3.39%), Boston Partners (2.28%) and Monarch Partners Asset Management LLC (2.01%). Company insiders that own Cowen stock include Brett H Barth, Owen S Littman 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 Mendon Capital Advisors Corp, Morgan Stanley, Wells Fargo & Company MN, JPMorgan Chase & Co., GSA Capital Partners LLP, Acadian Asset Management LLC, Wedge Capital Management L L P NC and Systematic Financial Management LP. View Insider Buying and Selling for Cowen.
Which major investors are buying Cowen stock?
COWN stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Nuveen Asset Management LLC, D. E. Shaw & Co. Inc., APG Asset Management N.V., River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP and Balyasny Asset Management LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Cowen's stock price today?
One share of COWN stock can currently be purchased for approximately $16.06.
How big of a company is Cowen?
Cowen has a market capitalization of $474.09 million and generates $966.92 million in revenue each year. The financial services provider earns $42.82 million in net income (profit) each year or $2.63 on an earnings per share basis. Cowen employs 1,212 workers across the globe.View Additional Information About Cowen.
What is Cowen's official website?
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)
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.
