Cowen - COWN Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" COWN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COWN, but not buy additional shares or sell existing shares.
View COWN analyst ratings or view top-rated stocks.

4 brokers have issued twelve-month price objectives for Cowen's stock. Their COWN share price forecasts range from $25.00 to $59.00. On average, they predict the company's share price to reach $47.33 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for COWN or view top-rated stocks among Wall Street analysts.

Cowen's stock was trading at $36.10 on January 1st, 2022. Since then, COWN stock has increased by 6.9% and is now trading at $38.60.
View the best growth stocks for 2022 here.

Cowen saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 6,880,000 shares, an increase of 13.5% from the October 31st total of 6,060,000 shares. Based on an average daily trading volume, of 584,000 shares, the short-interest ratio is currently 11.8 days. Approximately 26.7% of the company's stock are short sold.
View Cowen's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our COWN earnings forecast.

Cowen Inc. (NASDAQ:COWN) released its earnings results on Thursday, October, 28th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.10. The financial services provider had revenue of $359.06 million for the quarter, compared to the consensus estimate of $336.73 million. Cowen had a trailing twelve-month return on equity of 13.54% and a net margin of 7.94%. During the same quarter in the prior year, the business earned $1.25 EPS.

Cowen announced a quarterly dividend on Wednesday, October 26th. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.12 per share on Thursday, December 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for COWN.

Cowen (NASDAQ:COWN) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COWN will have a dividend payout ratio of 11.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COWN.

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

16 employees have rated Cowen Chief Executive Officer Jeffrey Solomon on Glassdoor.com. Jeffrey Solomon has an approval rating of 100% among the company's employees. This puts Jeffrey Solomon in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cowen investors own include Crown Castle (CCI), OPKO Health (OPK), Advanced Micro Devices (AMD), Abbott Laboratories (ABT), Corbus Pharmaceuticals (CRBP), Raytheon Technologies (RTX), AbbVie (ABBV), Ampio Pharmaceuticals (AMPE) and KushCo (KSHB).

Cowen trades on the NASDAQ under the ticker symbol "COWN."

Cowen's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.12%), Vanguard Group Inc. (4.62%), Versor Investments LP (4.56%), Dimensional Fund Advisors LP (4.43%), Carlson Capital L P (3.21%) and Alpine Associates Management Inc. (2.45%). Insiders that own company stock include Brett H Barth, Jeffrey M Solomon, John J Holmes, Lawrence E Leibowitz, Lorence H Kim, Owen S Littman, Stephen Lasota and Terren S Peizer.
View institutional ownership trends.

Shares of COWN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COWN stock can currently be purchased for approximately $38.60.

Cowen (NASDAQ:COWN) has a market capitalization of $1.08 billion and generates $2.11 billion in revenue each year. The financial services provider earns $295.61 million in net income (profit) each year or $3.87 on an earnings per share basis.

The company employs 1,534 workers across the globe.

Cowen's mailing address is 599 LEXINGTON AVENUE, NEW YORK NY, 10022. The official website for the company is www.cowen.com. The financial services provider can be reached via phone at (646) 562-1010, via email at james.farley@cowen.com, or via fax at 646-562-1861.