NASDAQ:COWNCowen Stock Price, Forecast & News

Cowen's stock was trading at $11.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, COWN stock has increased by 26.8% and is now trading at $14.73. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cowen.

Cowen is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Cowen.

Cowen Inc (NASDAQ:COWN) announced its earnings results on Wednesday, April, 29th. The financial services provider reported ($0.24) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.38. The financial services provider had revenue of $210.92 million for the quarter, compared to the consensus estimate of $218.11 million. Cowen had a net margin of 0.45% and a return on equity of 4.97%. View Cowen's earnings history.

Cowen declared a quarterly dividend on Wednesday, April 29th. Stockholders of record on Monday, June 1st will be given a dividend of $0.04 per share on Monday, June 15th. This represents a $0.16 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, May 29th. View Cowen's dividend history.

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 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.

2 brokerages have issued 12 month target prices for Cowen's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate Cowen's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price. View analysts' price targets for Cowen.

Media headlines about COWN stock have been trending negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cowen earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the near term. View the latest news aboutCowen.

Cowen saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,790,000 shares, a drop of 5.7% from the April 30th total of 2,960,000 shares. Based on an average daily volume of 409,000 shares, the days-to-cover ratio is presently 6.8 days. Approximately 10.8% of the company's shares are sold short. View Cowen's Current Options Chain.

Some companies that are related to Cowen include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

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), Alibaba Group (BABA), General Electric (GE), Opko Health (OPK), Corbus Pharmaceuticals (CRBP), Just Energy Group (JE), Marvell Technology Group (MRVL), Roku (ROKU) and Advanced Micro Devices (AMD).

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

Cowen's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.51%), Philadelphia Financial Management of San Francisco LLC (7.14%), Arbiter Partners Capital Management LLC (6.14%), Balyasny Asset Management LLC (2.35%), JPMorgan Chase & Co. (2.12%) and State Street Corp (2.12%). Company insiders that own Cowen stock include Brett H Barth, Cowen Inc, Jeffrey M Solomon, Lawrence E Leibowitz, Owen S Littman and Peter A Cohen. View institutional ownership trends for Cowen.

COWN stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Parametric Portfolio Associates LLC, Monarch Partners Asset Management LLC, Federated Hermes Inc., Essex Investment Management Co. LLC, BlackRock Inc., APG Asset Management N.V., and APG Asset Management N.V.. Company insiders that have sold Cowen company stock in the last year include Cowen Inc, and Owen S Littman. View insider buying and selling activity for Cowen.

COWN stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Salzhauer Michael, Matarin Capital Management LLC, Philadelphia Financial Management of San Francisco LLC, Geode Capital Management LLC, Two Sigma Investments LP, Arbiter Partners Capital Management LLC, and Alliancebernstein L.P.. Company insiders that have bought Cowen stock in the last two years include Brett H Barth, Cowen Inc, Jeffrey M Solomon, Lawrence E Leibowitz, and Owen S Littman. View insider buying and selling activity for 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.

One share of COWN stock can currently be purchased for approximately $14.73.

Cowen has a market capitalization of $407.87 million and generates $1.05 billion in revenue each year. The financial services provider earns $24.63 million in net income (profit) each year or $2.21 on an earnings per share basis. Cowen employs 1,325 workers across the globe.

The official website for Cowen is www.cowen.com.

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]