Cowen Company Profile (NASDAQ:COWN)

About Cowen (NASDAQ:COWN)

Cowen 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:
  • Sector: Financials
  • Industry: Investment Banking & Brokerage Services - NEC
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NASDAQ:COWN
  • CUSIP: 22362210
  • Web:
  • Market Cap: $492.57 million
  • Outstanding Shares: 30,882,000
Average Prices:
  • 50 Day Moving Avg: $16.27
  • 200 Day Moving Avg: $15.12
  • 52 Week Range: $2.90 - $16.95
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.16
  • P/E Growth: 0.95
Sales & Book Value:
  • Annual Revenue: $444.43 million
  • Price / Sales: 1.11
  • Book Value: $23.72 per share
  • Price / Book: 0.67
  • Net Margins: 17.81%
  • Return on Equity: 2.86%
  • Return on Assets: 4.95%
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.71%
  • Average Volume: 293,495 shs.
  • Beta: 1.66
  • Short Ratio: 20.32

Frequently Asked Questions for Cowen (NASDAQ:COWN)

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 shares 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 stock prior to the reverse split would have 25 shares after the split.

How were Cowen's earnings last quarter?

Cowen Inc (NASDAQ:COWN) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.12. The business earned $171.90 million during the quarter, compared to analyst estimates of $169.54 million. Cowen had a return on equity of 2.86% and a net margin of 17.81%. The firm's quarterly revenue was up 113.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.11) earnings per share. View Cowen's Earnings History.

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

3 brokerages have issued 1-year price targets for Cowen's stock. Their predictions range from $17.00 to $18.00. On average, they anticipate Cowen's share price to reach $17.67 in the next year. View Analyst Ratings for Cowen.

Who are some of Cowen's key competitors?

Who are Cowen's key executives?

Cowen's management team includes the folowing people:

  • Jeffrey M. Solomon, President, Chief Executive Officer of Cowen and Company
  • Peter A. Cohen, Chairman of the Board, Chief Executive Officer
  • Stephen A. Lasota, Chief Financial Officer
  • John Holmes, Chief Operating Officer
  • Ann Neidenbach, Chief Information Officer
  • Owen S. Littman, General Counsel, Secretary
  • Jerome S. Markowitz, Lead Independent Director
  • Katherine Elizabeth Dietze, Independent Director
  • Steven Kotler, Independent Director
  • Jack H. Nusbaum, Independent Director

Who owns Cowen stock?

Cowen's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (8.54%), Dimensional Fund Advisors LP (4.78%), Vanguard Group Inc. (4.26%), Fosun International Ltd (4.22%), Thompson Siegel & Walmsley LLC (3.32%) and Capital World Investors (2.07%). Company insiders that own Cowen stock include Jeffrey M Solomon, John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen.

Who sold Cowen stock? Who is selling Cowen stock?

Cowen's stock was sold by a variety of institutional investors in the last quarter, including Fine Capital Partners L.P., Royce & Associates LP, Thompson Siegel & Walmsley LLC, Glacier Peak Capital LLC, New York State Common Retirement Fund, Schwab Charles Investment Management Inc., Prudential Financial Inc. and California State Teachers Retirement System. Company insiders that have sold Cowen stock in the last year include John J Holmes, Owen S Littman and Peter A Cohen. View Insider Buying and Selling for Cowen.

Who bought Cowen stock? Who is buying Cowen stock?

Cowen's stock was acquired by a variety of institutional investors in the last quarter, including Fosun International Ltd, FMR LLC, Salzhauer Michael, Foundry Partners LLC, Monarch Partners Asset Management LLC, QS Investors LLC, North Star Investment Management Corp. and Great Lakes Advisors LLC. View Insider Buying and Selling for Cowen.

How do I buy Cowen stock?

Shares of Cowen can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cowen's stock price today?

One share of Cowen stock can currently be purchased for approximately $15.95.

MarketBeat Community Rating for Cowen (NASDAQ COWN)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  83 (Vote Underperform)
Total Votes:  151
MarketBeat's community ratings are surveys of what our community members think about Cowen 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

Consensus Ratings for Cowen (NASDAQ:COWN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.67 (10.76% upside)

Analysts' Ratings History for Cowen (NASDAQ:COWN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/11/2017InstinetReiterated RatingNeutral$17.00 -> $18.00HighView Rating Details
8/10/2017NomuraBoost Price TargetNeutral$17.00 -> $18.00MediumView Rating Details
2/22/2017Cowen and CompanyReiterated RatingNeutral$16.00 -> $17.00N/AView Rating Details
10/8/2015JMP SecuritiesLower Price Target$28.00 -> $24.00N/AView Rating Details
10/7/2015Keefe, Bruyette & WoodsLower Price Target$28.00 -> $26.00N/AView Rating Details
(Data available from 8/20/2015 forward)


Earnings History for Cowen (NASDAQ:COWN)
Earnings by Quarter for Cowen (NASDAQ:COWN)
Earnings History by Quarter for Cowen (NASDAQ COWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Cowen (NASDAQ:COWN)
Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $2.59 EPS


Dividend History for Cowen (NASDAQ:COWN)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Cowen (NASDAQ:COWN)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 81.32%
Insider Trades by Quarter for Cowen (NASDAQ:COWN)
Institutional Ownership by Quarter for Cowen (NASDAQ:COWN)
Insider Trades by Quarter for Cowen (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)


Headline Trends for Cowen (NASDAQ:COWN)
Latest Headlines for Cowen (NASDAQ:COWN)
DateHeadline logoAnn M. Miller Joins Cowen’s Special Situations Team - August 17 at 6:46 PM logoCowen’s ADR Direct® Platform Launches New Global Client Portal Featuring Enhanced Functionality - August 16 at 5:54 PM logoCowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 14, 2017 - August 14 at 5:51 PM logoInstinet Reiterates Neutral Rating for Cowen Group, Inc. (NASDAQ:COWN) - August 13 at 2:24 PM logoUniti (UNIT) Presents At Cowen and Company 3rd Annual Communications Infrastructure Summit - Slideshow - August 10 at 6:43 PM logoCowen Group, Inc. (COWN) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS - August 4 at 11:08 PM logoEdited Transcript of COWN earnings conference call or presentation 3-Aug-17 8:30pm GMT - August 4 at 5:41 PM logoCowen Announced Second Quarter 2017 Financial Results - August 3 at 8:34 PM logoCowen posts 2Q profit - August 3 at 8:34 PM logoCowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : August 3, 2017 - August 3 at 3:30 PM logoInvestor Network: Cowen Inc. to Host Earnings Call - August 3 at 3:30 PM logoAmerican Airlines' stock rallies after Cowen raises rating, price target - July 31 at 5:21 PM logoCowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock - July 28 at 7:16 PM logoAltria Group (MO) Q2 2017 Results - Earnings Call Transcript - July 27 at 5:43 PM logoCowen Announces 2017 Second Quarter Earnings Conference Call - July 27 at 5:43 PM logoTriumph Group (TGI) Q1 2018 Results - Earnings Call Transcript - July 26 at 6:00 PM logoPeter A. Cohen Sells 100,000 Shares of Cowen Group, Inc. (COWN) Stock - July 14 at 9:08 PM logoPeter A. Cohen Sells 500,000 Shares of Cowen Group, Inc. (COWN) Stock - July 14 at 8:46 PM logoCowen’s Westminster Research Associates Named “Greenwich Quality Leader” In Greenwich Associate’s 2017 U.S. Equity Investors Study - July 13 at 6:37 PM logoPeter A. Cohen Sells 194,349 Shares of Cowen Group, Inc. (NASDAQ:COWN) Stock - July 12 at 8:45 PM logoInsider Selling: Cowen Group, Inc. (COWN) Major Shareholder Sells 133,202 Shares of Stock - July 12 at 8:45 PM logoCowen Group, Inc. (COWN) Major Shareholder Sells $39,156.16 in Stock - July 12 at 8:42 PM logoLPL Financial Holdings (LPLA) vs. Cowen Group (COWN) Critical Comparison - July 9 at 7:34 AM logoReviewing Cowen Group (COWN) and E*TRADE Financial Corporation (ETFC) - July 8 at 12:16 AM logoReviewing Cowen Group (NASDAQ:COWN) and Nomura Holdings Inc ADR (NMR) - July 6 at 6:20 PM logoCowen Expands Its Leadership Team - July 5 at 6:11 PM logoCowen Outlines Proposed Recommendations To Improve Small Cap Ecosystem - June 23 at 5:02 PM logoDavid M.V. Barnes Joins Cowen’s Financial Sponsor Coverage Team - June 22 at 10:54 AM logoJeffrey M. Solomon, Cowen President, To Present At SEC Investor Advisory Committee - June 21 at 5:39 PM logoCowen Group (COWN) & Morgan Stanley (MS) Head-To-Head Review - June 16 at 8:48 PM logoContrasting Cowen Group (COWN) & TD Ameritrade Holding Corp. (AMTD) - June 8 at 8:44 PM logoCowen Completes Acquisition of Convergex - June 1 at 5:04 PM logoCowen to Discontinue Millennium Dark Pool Matching Engine - June 1 at 5:04 PM logoCowen to end mid-point matching in Millennium dark pool - June 1 at 5:04 PM logoUniti (UNIT) Presents At Cowen and Company 45th Annual Technology, Media & Telecom Conference - Slideshow - May 31 at 4:28 PM logoUniti Group Inc. to Present at the Cowen and Company 45th Annual Technology, Media and Telecom Conference - May 25 at 6:03 PM logoCowen Announces New Brand Identity - May 16 at 12:46 PM logoCowen Wins European Hedge Fund Services Award - May 10 at 8:15 AM logoCowen Expands International Prime Services Team - May 5 at 4:40 PM logoVery Favorable Media Coverage Very Likely to Impact Cowen Group (COWN) Stock Price - May 4 at 8:52 AM logoJohn J. Holmes Sells 35,000 Shares of Cowen Group Inc (COWN) Stock - May 3 at 10:38 PM logoETFs with exposure to Cowen Group, Inc. : May 3, 2017 - May 3 at 4:25 PM logoCowen Group, Inc. :COWN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017 - May 2 at 7:01 PM logoCowen Group (COWN) Receives News Impact Score of 0.61 - April 30 at 10:14 AM logoEdited Transcript of COWN earnings conference call or presentation 27-Apr-17 8:30pm GMT - April 28 at 5:24 PM logoCowen Group, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : April 28, 2017 - April 28 at 5:24 PM logoCowen Group Inc (COWN) Issues Earnings Results, Beats Expectations By $0.06 EPS - April 27 at 11:20 PM logoBRIEF-Cowen Group Q1 non-gaap earnings per share $0.19 - April 27 at 9:57 PM logoFavorable News Coverage Very Likely to Affect Cowen Group (COWN) Stock Price - April 27 at 6:16 PM logoInvestor Network: Cowen Group, Inc. Class A to Host Earnings Call - April 27 at 4:55 PM



Cowen (COWN) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by Staff