NASDAQ:COWN - Cowen Stock Price, News & Analysis

$16.09
+0.05 (+0.31 %)
(As of 09/18/2019 03:21 AM ET)
Today's Range
$15.86
Now: $16.09
$16.24
50-Day Range
$15.12
MA: $16.23
$18.01
52-Week Range
$11.80
Now: $16.09
$18.36
Volume138,200 shs
Average Volume286,644 shs
Market Capitalization$474.93 million
P/E Ratio6.12
Dividend YieldN/A
Beta1.52
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. Read More…

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:COWN
CUSIP22362210
Phone646-562-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$966.92 million
Cash Flow$3.5835 per share
Book Value$27.26 per share

Profitability

Net Income$42.82 million

Miscellaneous

Employees1,212
Market Cap$474.93 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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?

Shares of Cowen 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 market closes 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 declared that its Board of Directors has approved a share repurchase plan 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 plans are typically a sign that the company's management believes its stock is undervalued.

How were Cowen's earnings last quarter?

Cowen Inc (NASDAQ:COWN) released its earnings results on Friday, July, 26th. The financial services provider reported $0.49 EPS for the quarter, topping the 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%. The firm's revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.71 earnings per share. View Cowen's Earnings History.

When is Cowen's next earnings date?

Cowen is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Cowen.

What price target have analysts set for COWN?

1 analysts have issued 12-month price targets for Cowen's shares. Their predictions range from $20.00 to $20.00. On average, they expect Cowen's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 24.3% 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?

Press coverage about COWN stock has been trending negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cowen earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage 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 impact on the stock's share price in the near term. View News Stories for Cowen.

Who are some of Cowen's key competitors?

What other stocks do shareholders of Cowen own?

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), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), General Electric (GE), Just Energy Group (JE), U.S. Silica (SLCA), Tellurian (TELL), Tilray (TLRY) and Chesapeake Energy (CHK).

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 institutional and retail 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 acquired 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 $16.09.

How big of a company is Cowen?

Cowen has a market capitalization of $474.93 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?

The official website for Cowen is http://www.cowen.com/.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  488
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.
This page was last updated on 9/18/2019 by MarketBeat.com Staff

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