Sign in or create an account to add this stock to your watchlist.
About Cowen Group (NASDAQ:COWN)
Cowen 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 Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
Trailing P/E Ratio13.60
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$658.78 million
Price / Sales0.69
Cash Flow$1.2081 per share
Price / Cash12.83
Book Value$25.71 per share
Price / Book0.60
EPS (Most Recent Fiscal Year)N/A
Return on Equity4.33%
Return on Assets1.14%
Cowen Group (NASDAQ:COWN) Frequently Asked Questions
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 shares reverse split on the morning of 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 Group stock prior to the reverse split would have 25 shares after the split.
How will Cowen Group's stock buyback program work?
Cowen Group declared that its Board of Directors has authorized a share buyback program on Friday, February 16th 2018, which permits the company to buyback $23,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.
How were Cowen Group's earnings last quarter?
Cowen Group (NASDAQ:COWN) released its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.63 by $0.16. The financial services provider earned $241.50 million during the quarter, compared to the consensus estimate of $220.06 million. Cowen Group had a positive return on equity of 4.33% and a negative net margin of 5.91%. The business's revenue was up 110.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.19 EPS. View Cowen Group's Earnings History.
When is Cowen Group's next earnings date?
What price target have analysts set for COWN?
3 Wall Street analysts have issued 12 month price objectives for Cowen Group's shares. Their forecasts range from $16.00 to $19.00. On average, they expect Cowen Group's share price to reach $17.6667 in the next twelve months. View Analyst Ratings for Cowen Group.
Who are some of Cowen Group's key competitors?
Some companies that are related to Cowen Group include WisdomTree Investments (WETF), Waddell & Reed (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 & Co. Ltd. (GLCH), Capital Financial (CPFH) and Woodstock (WSFL).
Who are Cowen Group's key executives?
Cowen Group's management team includes the folowing people:
- Peter A. Cohen, Chairman of the Board
- Jeffrey M. Solomon, President, Chief Executive Officer
- Stephen A. Lasota, Chief Financial Officer
- John Holmes, Chief Operating Officer
- Ann Neidenbach, Chief Information Officer
- , Bio & Compensation -
- Owen S. Littman, General Counsel, Secretary
- Michael Page, Chief Operating Officer - International Business
- , Bio & Compensation -
- Jerome S. Markowitz, Lead Independent Director
- Katherine Elizabeth Dietze, Independent Director
- Steven Kotler, Independent Director
Has Cowen Group been receiving favorable news coverage?
News articles about COWN stock have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring 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 one, with scores nearest to one being the most favorable. Cowen Group earned a coverage optimism score of 0.08 on Accern's scale. They also gave news articles about the financial services provider an impact score of 47.92 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Cowen Group's major shareholders?
Cowen Group's stock is owned by many different of institutional and retail 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 Group stock include John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen Group.
Which major investors are selling Cowen Group stock?
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 Group.
Which major investors are buying Cowen Group stock?
COWN stock was bought 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 Group.
How do I buy shares of Cowen Group?
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.
What is Cowen Group's stock price today?
One share of COWN stock can currently be purchased for approximately $15.50.
How big of a company is Cowen Group?
Cowen Group has a market capitalization of $457.51 million and generates $658.78 million in revenue each year. Cowen Group employs 1,124 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 [email protected]
MarketBeat Community Rating for Cowen Group (COWN)MarketBeat's community ratings are surveys of what our community members think about Cowen Group 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.
Cowen Group (NASDAQ:COWN) Earnings History and Estimates Chart
Cowen Group (NASDAQ COWN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/26/2018||Q1 2018||$0.63||$0.79||$220.06 million||$241.50 million||View||N/A|
|2/15/2018||Q4 2017||$0.39||($0.30)||$178.98 million||$204.50 million||View||N/A|
|10/26/2017||Q3 2017||$0.15||$0.26||$181.96 million||$182.60 million||View||N/A|
|8/3/2017||Q2 2017||$0.27||$0.39||$169.54 million||$171.90 million||View||Listen|
|4/27/2017||Q1 2017||$0.13||$0.19||$135.52 million||$114.97 million||View||N/A|
|2/16/2017||Q416||$0.03||($0.48)||$126.50 million||$122.30 million||View||Listen|
|10/27/2016||Q316||$0.04||$0.10||$134.76 million||$153.50 million||View||Listen|
|7/28/2016||Q216||($0.08)||($0.20)||$99.25 million||$117.23 million||View||Listen|
|4/28/2016||Q116||$0.03||($0.05)||$101.25 million||$101.00 million||View||Listen|
|2/25/2016||Q415||$0.08||$0.14||$138.66 million||$160.70 million||View||Listen|
|10/29/2015||Q315||($0.10)||($0.13)||$111.76 million||$82.80 million||View||Listen|
|7/30/2015||Q215||$0.08||$0.09||$125.94 million||$124.40 million||View||Listen|
|4/30/2015||Q115||$0.10||$0.20||$146.52 million||$161.70 million||View||Listen|
|2/26/2015||Q4||$0.08||$0.16||$119.40 million||$165.80 million||View||Listen|
|11/6/2014||Q3||$0.05||$0.06||$107.80 million||$107.10 million||View||Listen|
|8/7/2014||Q2||$0.06||$0.07||$104.69 million||$111.50 million||View||Listen|
|5/7/2014||Q1||$0.06||$0.08||$103.31 million||$110.00 million||View||Listen|
|2/27/2014||Q4||$0.02||$0.02||$88.60 million||$97.40 million||View||Listen|
|8/2/2013||Q2 2013||$0.02||$0.01||$79.50 million||$81.10 million||View||Listen|
|5/3/2013||Q1 2013||($0.08)||($0.04)||$67.24 million||View||N/A|
|11/8/2012||Q312||($0.02)||($0.09)||$68.50 million||$66.00 million||View||N/A|
Cowen Group (NASDAQ:COWN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Cowen Group (NASDAQ COWN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 86.99%
Cowen Group (NASDAQ COWN) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/16/2018||Peter A Cohen||Director||Sell||19,500||$15.70||$306,150.00||737,875|| |
|5/14/2018||Peter A Cohen||Director||Sell||6,500||$15.63||$101,595.00||737,875|| |
|5/11/2018||Peter A Cohen||Director||Sell||19,500||$15.64||$304,980.00||757,375|| |
|5/8/2018||Peter A Cohen||Director||Sell||19,500||$15.53||$302,835.00||776,875|| |
|5/3/2018||Peter A Cohen||Director||Sell||14,500||$15.29||$221,705.00||793,875|| |
|4/30/2018||Peter A Cohen||Director||Sell||19,000||$15.89||$301,910.00||810,375|| |
|4/27/2018||Peter A Cohen||Director||Sell||6,500||$16.04||$104,260.00||810,375|| |
|4/25/2018||Peter A Cohen||Director||Sell||16,502||$15.20||$250,830.40||825,377|| |
|4/23/2018||Peter A Cohen||Director||Sell||8,000||$15.13||$121,040.00||825,377|| |
|4/20/2018||Peter A Cohen||Director||Sell||24,000||$15.08||$361,920.00||849,377|| |
|4/17/2018||Peter A Cohen||Director||Sell||16,500||$14.81||$244,365.00||869,377|| |
|4/12/2018||Peter A Cohen||Director||Sell||12,000||$14.53||$174,360.00||881,877|| |
|4/9/2018||Peter A Cohen||Director||Sell||4,000||$14.20||$56,800.00||888,877|| |
|4/5/2018||Peter A Cohen||Director||Sell||1,000||$14.20||$14,200.00||888,877|| |
|7/13/2017||Peter A Cohen||Major Shareholder||Sell||100,000||$0.31||$31,000.00|| |
|7/12/2017||Peter A Cohen||Major Shareholder||Sell||500,000||$0.21||$105,000.00|| |
|7/11/2017||Peter A Cohen||Major Shareholder||Sell||122,363||$0.32||$39,156.16|| |
|7/10/2017||Peter A Cohen||Major Shareholder||Sell||133,202||$0.37||$49,284.74|| |
|7/7/2017||Peter A Cohen||Major Shareholder||Sell||194,349||$0.39||$75,796.11|| |
|5/2/2017||John J Holmes||COO||Sell||35,000||$15.71||$549,850.00||121,256|| |
|12/15/2016||Owen S. Littman||General Counsel||Sell||7,500||$16.39||$122,925.00|| |
|3/1/2016||Jeffrey M Solomon||President||Buy||15,000||$3.52||$52,800.00||2,523,138|| |
|6/11/2014||Owen S Littman||General Counsel||Sell||60,000||$4.20||$252,000.00|| |
|6/5/2014||John J Holmes||Insider||Sell||60,000||$4.17||$250,200.00|| |
|5/16/2014||Jeffrey M Solomon||Director||Buy||25,000||$3.85||$96,250.00|| |
|8/6/2013||Jeffrey M Solomon||CEO||Sell||100,000||$3.60||$360,000.00|| |
|3/11/2013||Jerome S Markowitz||Director||Buy||100,000||$2.70||$270,000.00|| |
|3/7/2013||Jerome S Markowitz||Director||Buy||69,047||$2.60||$179,522.20|| |
Cowen Group (NASDAQ COWN) News Headlines
|Cowen CEO Solomon Says There's Still More Alpha to Be Had|
finance.yahoo.com - May 18 at 4:42 PM
|Cowen Group (COWN) Now Covered by Sandler O'Neill|
www.americanbankingnews.com - May 18 at 4:07 PM
|Financial Review: Cowen Group (COWN) and Stifel (SF)|
www.americanbankingnews.com - May 18 at 1:08 AM
|Cowen Group (COWN) Director Peter A. Cohen Sells 6,500 Shares|
www.americanbankingnews.com - May 16 at 8:34 PM
|Insider Selling: Cowen Group (COWN) Director Sells 19,500 Shares of Stock|
www.americanbankingnews.com - May 16 at 7:50 PM
|Cowen Announces That Peter A. Cohen Has Chosen Not to Stand for Re-Election to Cowen’s Board of Directors|
finance.yahoo.com - May 14 at 10:10 AM
|Cowen Group (COWN) Director Sells $221,705.00 in Stock|
www.americanbankingnews.com - May 3 at 8:18 PM
|Cowen Prime Services Wins HFM European Hedge Fund Services Award 2018|
finance.yahoo.com - May 1 at 4:29 PM
|Peter A. Cohen Sells 19,000 Shares of Cowen Group (COWN) Stock|
www.americanbankingnews.com - April 30 at 7:44 PM
|Edited Transcript of COWN earnings conference call or presentation 26-Apr-18 1:00pm GMT|
finance.yahoo.com - April 28 at 9:45 AM
|Cowen Group (COWN) Announces Earnings Results|
www.americanbankingnews.com - April 26 at 7:46 PM
|Cowen Group's (COWN) CEO Jeffrey Solomon on Q1 2018 Results - Earnings Call Transcript|
seekingalpha.com - April 26 at 4:32 PM
|Cowen: 1Q Earnings Snapshot|
finance.yahoo.com - April 26 at 4:32 PM
|Cowen Group beats by $0.25, beats on revenue|
seekingalpha.com - April 26 at 9:09 AM
|Cowen Group (COWN) Director Sells $121,040.00 in Stock|
www.americanbankingnews.com - April 25 at 7:28 PM
|Cowen Group (COWN) Director Sells $250,830.40 in Stock|
www.americanbankingnews.com - April 25 at 7:10 PM
|Peter A. Cohen Sells 24,000 Shares of Cowen Group (COWN) Stock|
www.americanbankingnews.com - April 20 at 7:22 PM
|Cowen Group (COWN) Cut to "Hold" at BidaskClub|
www.americanbankingnews.com - April 19 at 1:56 PM
|Cowen to Hold Conference Call to Discuss 2018 First Quarter Financial Results|
finance.yahoo.com - April 19 at 9:22 AM
|Cowen Group (COWN) Lifted to Buy at BidaskClub|
www.americanbankingnews.com - April 18 at 10:12 AM
|Why Cowen Is Skeptical about General Electric|
finance.yahoo.com - April 18 at 9:23 AM
|Cowen Group (COWN) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - April 18 at 3:44 AM
|Insider Selling: Cowen Group (COWN) Director Sells 16,500 Shares of Stock|
www.americanbankingnews.com - April 17 at 7:15 PM
|Insider Selling: Cowen Group (COWN) Director Sells 12,000 Shares of Stock|
www.americanbankingnews.com - April 12 at 7:35 PM
|Cowen (COWN) Downgraded by BidaskClub to Sell|
www.americanbankingnews.com - April 10 at 9:59 PM
|Cowen (COWN) PT Raised to $18.00|
www.americanbankingnews.com - April 10 at 8:24 PM
|Cowen Inc (COWN) Director Peter A. Cohen Sells 1,000 Shares|
www.americanbankingnews.com - April 9 at 7:35 PM
|Insider Selling: Cowen Inc (COWN) Director Sells 4,000 Shares of Stock|
www.americanbankingnews.com - April 9 at 7:34 PM
|Cowen (COWN) Upgraded to Hold at BidaskClub|
www.americanbankingnews.com - April 7 at 7:02 AM
|Form 3 AURA SYSTEMS INC For: Mar 25 Filed by: Cowan Jeffrey D.|
www.streetinsider.com - April 2 at 4:34 PM
|Pamela B. Cowan, Vice President, Nuclear Generation, NEI, Joins the 2018 Decommissioning Strategy Forum as Keynote Speaker|
www.streetinsider.com - March 30 at 9:27 AM
|Saban gives updates on Tagovailoa, Cowan|
www.msn.com - March 28 at 4:31 PM
|Nick Saban gives updates on Tagovailoa, Cowan|
www.msn.com - March 28 at 9:36 AM
|Cowan Announces Retirement, Teal Named President & COO of Hitachi Capital America Vendor Services|
www.bizjournals.com - March 27 at 9:47 AM
|Florida Retirees Can Learn How to Cut Taxes in a Complimentary Seminar by One of Florida's Top Retirement Income Planners, Cary Cowan|
www.bizjournals.com - March 24 at 4:27 PM
|Analyzing Cowen (COWN) & Its Competitors|
www.americanbankingnews.com - March 20 at 9:24 AM
|Head-To-Head Review: Cowen (COWN) vs. Its Peers|
www.americanbankingnews.com - March 20 at 1:30 AM
|Cowen Prime Services Wins Hedgeweek Global Award 2018|
finance.yahoo.com - March 12 at 11:10 AM
|Analyzing Cowen (COWN) and Jefferies Group (JEF)|
www.americanbankingnews.com - March 8 at 1:38 PM
|Cowen Inc (COWN) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - March 7 at 9:29 AM
|Cowen Adds Two Senior Technology Analysts to Equity Research Team|
finance.yahoo.com - March 5 at 9:34 AM
|Citadel Advisors LLC Sells 28,708,009 Shares of Cowen Inc (COWN)|
www.americanbankingnews.com - March 4 at 5:18 AM
|Systematic Financial Management LP Has $1.26 Million Stake in Cowen Inc (COWN)|
www.americanbankingnews.com - March 2 at 8:24 PM
|Cowen Integrates Equity and Credit Sales and Trading Platforms|
finance.yahoo.com - February 27 at 5:07 PM
|[$$] Dumping Herbalife, Buying Qualcomm, Liberty Media|
finance.yahoo.com - February 27 at 9:23 AM
|Victory Capital Management Inc. Has $1.55 Million Holdings in Cowen Inc (COWN)|
www.americanbankingnews.com - February 24 at 4:52 AM
|Head to Head Contrast: Cowen (COWN) and Jefferies Group (JEF)|
www.americanbankingnews.com - February 20 at 11:18 PM
|Comparing Jefferies Group (JEF) and Cowen (COWN)|
www.americanbankingnews.com - February 19 at 8:02 AM
|Nomura Upgrades Cowen (COWN) to Buy|
www.americanbankingnews.com - February 16 at 12:34 PM
|Cowen (COWN) Board of Directors Announces Share Repurchase Program|
www.americanbankingnews.com - February 16 at 11:28 AM
Cowen Group (NASDAQ:COWN) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Cowen Group (NASDAQ:COWN) Income Statement, Balance Sheet and Cash Flow Statement
Cowen Group (NASDAQ COWN) Stock Chart for Sunday, May, 20, 2018