NASDAQ:COWNCowen Stock Price, Forecast & News

Cowen's stock was trading at $11.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, COWN stock has increased by 17.4% and is now trading at $13.64. 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) posted its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by $0.38. The financial services provider earned $210.92 million during the quarter, compared to analyst estimates of $218.11 million. Cowen had a return on equity of 4.97% and a net margin of 0.45%. View Cowen's earnings history.

Cowen announced a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be paid a dividend of $0.04 per share on Monday, June 15th. This represents a $0.16 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Friday, May 29th. View Cowen's dividend history.

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

2 Wall Street analysts have issued 1-year target prices for Cowen's stock. Their forecasts range from $19.00 to $20.00. On average, they expect Cowen's stock price to reach $19.50 in the next year. This suggests a possible upside of 43.0% from the stock's current price. View analysts' price targets for Cowen.

Headlines about COWN stock have trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cowen earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCowen.

Cowen saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,790,000 shares, a decrease of 5.7% from the April 30th total of 2,960,000 shares. Based on an average trading volume of 409,000 shares, the days-to-cover ratio is presently 6.8 days. Approximately 10.8% of the shares of the stock 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 acquired 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 $13.64.

Cowen has a market capitalization of $377.69 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]