NASDAQ:COWN - Cowen Inc Class A Stock Price, Price Target & More

Cowen Inc Class A trades on the NASDAQ under the ticker symbol "COWN."

Cowen Inc Class A's stock 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 closing bell on Friday, December 2nd 2016. An investor that had 100 shares of Cowen Inc Class A stock prior to the reverse split would have 25 shares after the split.

Cowen Inc Class A announced that its board has approved a share buyback program on Friday, February 16th 2018, which authorizes the company to buyback $23,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Cowen Inc Class A (NASDAQ:COWN) issued its quarterly earnings results on Thursday, April, 26th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.16. The financial services provider had revenue of $241.50 million for the quarter, compared to analysts' expectations of $220.06 million. Cowen Inc Class A had a negative net margin of 5.91% and a positive return on equity of 4.33%. The business's revenue was up 110.1% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. View Cowen Inc Class A's Earnings History.

Cowen Inc Class A is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Cowen Inc Class A.

3 brokers have issued 1-year target prices for Cowen Inc Class A's stock. Their forecasts range from $16.00 to $19.00. On average, they expect Cowen Inc Class A's share price to reach $17.6667 in the next twelve months. View Analyst Ratings for Cowen Inc Class A.

Some companies that are related to Cowen Inc Class A include Wisdom Tree Investments (WETF), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Investment Technology Group (ITG), Greenhill & Co., Inc. (GHL), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Global Arena (GAHC), Gleacher & Company Inc (GLCH), Capital Financial Holdings, Inc. Common Stock (CPFH) and Woodstock (WSFL).

News coverage about COWN stock has been trending somewhat positive this week, Accern Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cowen Inc Class A earned a coverage optimism score of 0.12 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Cowen Inc Class A's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.04%), Thompson Siegel & Walmsley LLC (2.54%), Mendon Capital Advisors Corp (2.35%), Salzhauer Michael (1.83%), Cumberland Partners Ltd (1.61%) and Millennium Management LLC (1.39%). Company insiders that own Cowen Inc Class A stock include John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen Inc Class A.

COWN stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Wells Fargo & Company MN, Citadel Advisors LLC, California Public Employees Retirement System, SG Americas Securities LLC, Gator Capital Management LLC, New York State Common Retirement Fund and Fisher Asset Management LLC. View Insider Buying and Selling for Cowen Inc Class A.

COWN stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Salzhauer Michael, Mendon Capital Advisors Corp, Chicago Equity Partners LLC, RMB Capital Management LLC, Monarch Partners Asset Management LLC, Cumberland Partners Ltd and Millennium Management LLC. View Insider Buying and Selling for Cowen Inc Class A.

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.

One share of COWN stock can currently be purchased for approximately $15.20.

Cowen Inc Class A has a market capitalization of $445.40 million and generates $658.78 million in revenue each year. Cowen Inc Class A employs 1,124 workers across the globe.

Cowen Inc Class A's mailing address is 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY, 10022. The financial services provider can be reached via phone at 646-562-1000 or via email at [email protected]