Cowen Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets. It also invests in alternative investments markets through its subsidiaries. Cowen Group, Inc. was founded in 1994 and is headquartered in New York, New York with additional offices in Boston, Massachusetts, Chicago, Illinois, Cleveland, Ohio, Dallas, Texas, and San Francisco, California.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone646-562-1000
Debt
Current Ratio0.88
Quick Ratio0.88
Price-To-Earnings
Sales & Book Value
Annual Sales$658.78 million
Price / Sales0.65
Price / Cash Flow12.09
Price / Book0.62
Profitability
Net Income$-60,880,000.00
Net Margins-4.32%
Return on Assets1.76%
Miscellaneous
Employees1,124
OptionableOptionable
Cowen (NASDAQ:COWN) Frequently Asked Questions
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's stock reverse split 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.
How will Cowen's stock buyback program work?
Cowen declared that its Board of Directors has authorized a share repurchase plan on Friday, February 16th 2018, which allows the company to buyback $23,600,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were Cowen's earnings last quarter?
Cowen Inc (NASDAQ:COWN) released its quarterly earnings results on Thursday, October, 25th. The financial services provider reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The financial services provider earned $195.03 million during the quarter. Cowen had a negative net margin of 4.32% and a positive return on equity of 7.61%. View Cowen's Earnings History.
When is Cowen's next earnings date?
What price target have analysts set for COWN?
2 Wall Street analysts have issued 1 year price objectives for Cowen's stock. Their forecasts range from $16.00 to $19.00. On average, they anticipate Cowen's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for Cowen.
What is the consensus analysts' recommendation for Cowen?
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.
Has Cowen been receiving favorable news coverage?
Media coverage about COWN stock has trended somewhat positive on Tuesday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cowen earned a news impact score of 1.9 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Cowen's key competitors?
Some companies that are related to Cowen include Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Investment Technology Group (ITG), Associated Capital Group (AC), Greenhill & Co., Inc. (GHL), Gamco Investors (GBL), Freedom (FRHC), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Gleacher & Co. Ltd. (GLCH), Capital Financial (CPFH) and Global Arena (GAHC).
Who are Cowen's key executives?
Cowen's management team includes the folowing people:
- Mr. Jeffrey Marc Solomon, CEO & Director (Age 52)
- Mr. Stephen A. Lasota, MD & CFO (Age 55)
- Mr. John J. Holmes, MD & COO (Age 54)
- Mr. Owen S. Littman, MD, Gen. Counsel & Sec. (Age 45)
- Mr. Frederic M. Seegal, MD & Vice Chairman of Investment Banking (Age 70)
Who are Cowen's major shareholders?
Cowen's stock is owned by a number of of retail and institutional investors. Top institutional investors include First Hawaiian Bank (0.06%) and QCI Asset Management Inc. NY (0.01%). Company insiders that own Cowen stock include Brett H Barth, John J Holmes and Peter A Cohen. View Institutional Ownership Trends for Cowen.
Which institutional investors are selling Cowen stock?
Which institutional investors are buying Cowen stock?
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Cowen's stock price today?
One share of COWN stock can currently be purchased for approximately $14.80.
How big of a company is Cowen?
Cowen has a market capitalization of $425.74 million and generates $658.78 million in revenue each year. Cowen employs 1,124 workers across the globe.
What is Cowen's official website?
How can I contact Cowen?
Cowen'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 (NASDAQ COWN)
MarketBeat's community ratings are surveys of what our community members think about Cowen 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.
