Cowen Group Stock Price, News & Analysis (NASDAQ:COWN)

$14.05 0.00 (0.00 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$14.05
Today's Range$13.90 - $14.22
52-Week Range$12.45 - $18.25
Volume149,096 shs
Average Volume324,749 shs
Market Capitalization$435.23 million
P/E Ratio38.89
Dividend YieldN/A
Beta1.61

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:
  • Industry: Investment Banking & Brokerage Services
  • Sub-Industry: Investment Banking & Brokerage
  • Sector: Finance
  • Symbol: NASDAQ:COWN
  • CUSIP: 22362210
  • Web: www.cowen.com
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.79%
  • Quick Ratio: 0.79%
Price-To-Earnings:
  • Trailing P/E Ratio: 38.89
Sales & Book Value:
  • Annual Sales: $471.57 million
  • Price / Sales: 0.93
  • Book Value: $27.13 per share
  • Price / Book: 0.52
Profitability:
  • Trailing EPS: $0.20
  • Net Income: ($19,270,000.00)
  • Net Margins: 2.29%
  • Return on Equity: 1.54%
  • Return on Assets: 0.52%
Misc:
  • Employees: 843
  • Outstanding Shares: 31,090,000
 
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?

Cowen Group'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 market closes 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) posted its quarterly earnings data on Thursday, October, 26th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.11. The financial services provider had revenue of $182.60 million for the quarter, compared to analyst estimates of $181.96 million. Cowen Group had a return on equity of 1.54% and a net margin of 2.29%. The business's quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 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 Tuesday, February, 13th 2018. View Earnings Estimates for Cowen Group.

Where is Cowen Group's stock going? Where will Cowen Group's stock price be in 2017?

3 brokerages have issued twelve-month price targets for Cowen Group's shares. Their forecasts range from $16.00 to $18.00. On average, they anticipate Cowen Group's stock price to reach $17.00 in the next year. 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 (Age 51)
  • Peter A. Cohen, Chairman of the Board, Chief Executive Officer (Age 70)
  • Stephen A. Lasota, Chief Financial Officer (Age 54)
  • John Holmes, Chief Operating Officer (Age 53)
  • Ann Neidenbach, Chief Information Officer
  • Owen S. Littman, General Counsel, Secretary (Age 44)
  • Jerome S. Markowitz, Lead Independent Director (Age 77)
  • Katherine Elizabeth Dietze, Independent Director (Age 59)
  • Steven Kotler, Independent Director (Age 70)
  • Jack H. Nusbaum, Independent Director (Age 76)

Who owns Cowen Group stock?

Cowen Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.35%), Fosun International Ltd (4.14%), Thompson Siegel & Walmsley LLC (1.94%), Wells Fargo & Company MN (1.83%), SG Americas Securities LLC (1.32%) and Foundry Partners LLC (1.13%). 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 sold Cowen Group stock? Who is selling Cowen Group stock?

Cowen Group's stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, New York State Common Retirement Fund, Monarch Partners Asset Management LLC, Victory Capital Management Inc. and California State Teachers Retirement System. Company insiders that have sold Cowen Group company stock in the last year include John J Holmes, Owen S Littman and Peter A Cohen. View Insider Buying and Selling for Cowen Group.

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

Cowen Group's stock was bought by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Fosun International Ltd, Systematic Financial Management LP, SG Americas Securities LLC, Cadence Capital Management LLC, Wells Fargo & Company MN, Dimensional Fund Advisors LP and Macquarie Group Ltd.. 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 with access to the U.S. stock market 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 $14.05.

How big of a company is Cowen Group?

Cowen Group has a market capitalization of $435.23 million and generates $471.57 million in revenue each year. The financial services provider earns ($19,270,000.00) in net income (profit) each year or $0.20 on an earnings per share basis. Cowen Group employs 843 workers across the globe.

How can I contact Cowen Group?

Cowen Group'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 stephen.lasota@cowen.com.


MarketBeat Community Rating for Cowen Group (NASDAQ COWN)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  203
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

Analysts' Consensus Ratings for Cowen Group (NASDAQ:COWN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 3 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.00 (21.00% 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
10/31/2017NomuraLower Price TargetNeutral$18.00 -> $16.00N/AView Rating Details
8/11/2017InstinetReiterated RatingNeutral$17.00 -> $18.00HighView Rating Details
2/22/2017Cowen and CompanyReiterated RatingNeutral$16.00 -> $17.00N/AView Rating Details
(Data available from 11/17/2015 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
2/13/2018$0.39N/AView Earnings Details
10/26/2017Q3 2017$0.15$0.26$181.96 million$182.60 millionViewN/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: 82.42%
Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)
Insider Trades 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
ETFs with exposure to Cowen, Inc. : November 13, 2017ETFs with exposure to Cowen, Inc. : November 13, 2017
finance.yahoo.com - November 13 at 9:34 PM
Kevin Raidy Named Managing Partner of Cowen Healthcare InvestmentsKevin Raidy Named Managing Partner of Cowen Healthcare Investments
finance.yahoo.com - November 1 at 6:18 PM
Cowen Announces Changes to Leadership TeamCowen Announces Changes to Leadership Team
finance.yahoo.com - November 1 at 6:18 PM
ETFs with exposure to Cowen, Inc. : November 1, 2017ETFs with exposure to Cowen, Inc. : November 1, 2017
finance.yahoo.com - November 1 at 6:18 PM
Cowen Group, Inc. (COWN) Price Target Lowered to $16.00 at NomuraCowen Group, Inc. (COWN) Price Target Lowered to $16.00 at Nomura
www.americanbankingnews.com - October 31 at 8:36 PM
Cowen, Inc. :COWN-US: Earnings Analysis: Q3, 2017 By the Numbers : October 31, 2017Cowen, Inc. :COWN-US: Earnings Analysis: Q3, 2017 By the Numbers : October 31, 2017
finance.yahoo.com - October 31 at 6:39 PM
Edited Transcript of COWN earnings conference call or presentation 26-Oct-17 8:30pm GMTEdited Transcript of COWN earnings conference call or presentation 26-Oct-17 8:30pm GMT
finance.yahoo.com - October 27 at 10:34 PM
Cowens (COWN) CEO Peter Cohen on Q3 2017 Results - Earnings Call TranscriptCowen's (COWN) CEO Peter Cohen on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - October 26 at 10:52 PM
Cowen Group, Inc. (COWN) Announces Quarterly  Earnings Results, Misses Estimates By $0.16 EPSCowen Group, Inc. (COWN) Announces Quarterly Earnings Results, Misses Estimates By $0.16 EPS
www.americanbankingnews.com - October 26 at 10:08 PM
Cowen Inc Class A to Host Earnings CallCowen Inc Class A to Host Earnings Call
finance.yahoo.com - October 26 at 5:51 PM
Cowen Announces Third Quarter 2017 Financial ResultsCowen Announces Third Quarter 2017 Financial Results
finance.yahoo.com - October 26 at 5:51 PM
Cowen Prime Services Wins US Hedge Fund Services Award 2017Cowen Prime Services Wins US Hedge Fund Services Award 2017
finance.yahoo.com - October 20 at 6:57 PM
Miguel Roman Joins Cowens Investment Banking Leveraged Finance GroupMiguel Roman Joins Cowen's Investment Banking Leveraged Finance Group
www.thestreet.com - October 19 at 11:06 PM
Cowen Announces 2017 Third Quarter Earnings Conference CallCowen Announces 2017 Third Quarter Earnings Conference Call
finance.yahoo.com - October 19 at 6:03 PM
Miguel Roman Joins Cowen’s Investment Banking Leveraged Finance GroupMiguel Roman Joins Cowen’s Investment Banking Leveraged Finance Group
finance.yahoo.com - October 18 at 6:48 PM
Cowen Group, Inc. (COWN) Scheduled to Post Earnings on WednesdayCowen Group, Inc. (COWN) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 18 at 5:56 AM
Cowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : October 13, 2017Cowen, 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
Drew Forman and Evan Karp Join Cowen’s Derivatives Sales and Trading TeamDrew Forman and Evan Karp Join Cowen’s Derivatives Sales and Trading Team
finance.yahoo.com - October 12 at 6:16 PM
Cowen Completes Integration of Cowen Execution Services’ Prime Business; Further Expands Its Global Prime Brokerage and Outsourced Trading OfferingsCowen 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
ETFs with exposure to Cowen, Inc. : October 3, 2017ETFs with exposure to Cowen, Inc. : October 3, 2017
finance.yahoo.com - October 3 at 5:16 PM
Cowen Upgrades Altria Group - NasdaqCowen Upgrades Altria Group - Nasdaq
www.nasdaq.com - September 30 at 12:15 AM
Cowen Prime Services Wins Hedgeweek USA Award 2017Cowen Prime Services Wins Hedgeweek USA Award 2017
finance.yahoo.com - September 22 at 9:37 AM
ETFs with exposure to Cowen, Inc. : September 19, 2017ETFs with exposure to Cowen, Inc. : September 19, 2017
finance.yahoo.com - September 19 at 5:29 PM
Cowen, Inc. :COWN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017Cowen, Inc. :COWN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 18 at 5:30 PM
Cowen and CEFC China Provide Update on CFIUS ReviewCowen and CEFC China Provide Update on CFIUS Review
finance.yahoo.com - September 15 at 5:52 PM
Life after Rosneft deal: CEFC ambitions face debt, regulatory hurdlesLife after Rosneft deal: CEFC ambitions face debt, regulatory hurdles
finance.yahoo.com - September 15 at 4:22 AM
Believing 17% Upside Lies Ahead, Cowen Upgrades DowDuPontBelieving 17% Upside Lies Ahead, Cowen Upgrades DowDuPont
www.benzinga.com - September 13 at 6:43 PM
Cowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : September 12, 2017Cowen, 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
White House Considering at Least Six for Fed ChairWhite House Considering at Least Six for Fed Chair
www.bloomberg.com - September 7 at 5:37 PM
White House Considering at Least Six for Fed ChairWhite House Considering at Least Six for Fed Chair
www.bloomberg.com - September 7 at 5:37 PM
Cowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 29, 2017Cowen, 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
Financial Survey: Cowen Group (COWN) vs. Goldman Sachs Group, Inc. (The) (GS)Financial Survey: Cowen Group (COWN) vs. Goldman Sachs Group, Inc. (The) (GS)
www.americanbankingnews.com - August 26 at 4:28 PM
Ann M. Miller Joins Cowen’s Special Situations TeamAnn M. Miller Joins Cowen’s Special Situations Team
finance.yahoo.com - August 17 at 6:46 PM
Cowen’s ADR Direct® Platform Launches New Global Client Portal Featuring Enhanced FunctionalityCowen’s ADR Direct® Platform Launches New Global Client Portal Featuring Enhanced Functionality
finance.yahoo.com - August 16 at 5:54 PM
Cowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 14, 2017Cowen, 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
Instinet Reiterates Neutral Rating for Cowen Group, Inc. (NASDAQ:COWN)Instinet Reiterates Neutral Rating for Cowen Group, Inc. (NASDAQ:COWN)
www.americanbankingnews.com - August 13 at 2:24 PM
Uniti (UNIT) Presents At Cowen and Company 3rd Annual Communications Infrastructure Summit - SlideshowUniti (UNIT) Presents At Cowen and Company 3rd Annual Communications Infrastructure Summit - Slideshow
seekingalpha.com - August 10 at 6:43 PM
Cowen Group, Inc. (COWN) Posts Quarterly  Earnings Results, Beats Expectations By $0.12 EPSCowen Group, Inc. (COWN) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS
www.americanbankingnews.com - August 4 at 11:08 PM
Edited Transcript of COWN earnings conference call or presentation 3-Aug-17 8:30pm GMTEdited Transcript of COWN earnings conference call or presentation 3-Aug-17 8:30pm GMT
finance.yahoo.com - August 4 at 5:41 PM
Cowen Announced Second Quarter 2017 Financial ResultsCowen Announced Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 8:34 PM
Cowen posts 2Q profitCowen posts 2Q profit
finance.yahoo.com - August 3 at 8:34 PM
Cowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : August 3, 2017Cowen, 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
Investor Network: Cowen Inc. to Host Earnings CallInvestor Network: Cowen Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 3:30 PM
American Airlines stock rallies after Cowen raises rating, price targetAmerican Airlines' stock rallies after Cowen raises rating, price target
www.marketwatch.com - July 31 at 5:21 PM
Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred StockCowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
finance.yahoo.com - July 28 at 7:16 PM
Altria Group (MO) Q2 2017 Results - Earnings Call TranscriptAltria Group (MO) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 27 at 5:43 PM
Cowen Announces 2017 Second Quarter Earnings Conference CallCowen Announces 2017 Second Quarter Earnings Conference Call
finance.yahoo.com - July 27 at 5:43 PM
Triumph Group (TGI) Q1 2018 Results - Earnings Call TranscriptTriumph Group (TGI) Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - July 26 at 6:00 PM
Peter A. Cohen Sells 100,000 Shares of Cowen Group, Inc. (COWN) StockPeter A. Cohen Sells 100,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 9:08 PM
Peter A. Cohen Sells 500,000 Shares of Cowen Group, Inc. (COWN) StockPeter A. Cohen Sells 500,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 8:46 PM

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Chart

Cowen Group (NASDAQ COWN) Chart for Friday, November, 17, 2017
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This page was last updated on 11/17/2017 by MarketBeat.com Staff

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