Cowen Stock Price, News & Analysis (NASDAQ:COWN)

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

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

Cowen declared that its Board of Directors has initiated a share repurchase plan on Friday, February 16th 2018, which allows the company to buyback $23,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Cowen Inc (NASDAQ:COWN) posted its quarterly earnings results on Friday, July, 26th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.08. The financial services provider had revenue of $244.40 million for the quarter, compared to analysts' expectations of $230.19 million. Cowen had a return on equity of 8.32% and a net margin of 3.72%. Cowen's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.71 EPS. View Cowen's Earnings History.

Cowen is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Cowen.

Cowen will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 Wall Street analysts have issued 12 month price objectives for Cowen's stock. Their predictions range from $20.00 to $20.00. On average, they expect Cowen's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for Cowen.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cowen.

Media stories about COWN stock have been trending somewhat negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cowen earned a news sentiment score of -1.4 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 media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Cowen.

Cowen saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,150,000 shares, a drop of 6.7% from the August 30th total of 4,450,000 shares. Based on an average daily trading volume, of 280,000 shares, the days-to-cover ratio is currently 14.8 days. Currently, 15.4% of the company's shares are sold short. View Cowen's Current Options Chain.

Some companies that are related to Cowen include Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Freedom (FRHC), Wisdom Tree Investments (WETF), Gamco Investors (GBL), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), Siebert Financial (SIEB), JMP Group (JMP), Global Arena (GAHC), Woodstock (WSFL), Capital Financial (CPFH) and Merriman (MERR).

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), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), General Electric (GE), Just Energy Group (JE), U.S. Silica (SLCA), Tellurian (TELL), Tilray (TLRY) and Chesapeake Energy (CHK).

Cowen's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.20%). Company insiders that own Cowen stock include Brett H Barth, Cowen Inc, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen.

COWN stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have bought Cowen stock in the last two years include Brett H Barth and Cowen Inc. View Insider Buying and Selling 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 $14.21.

Cowen has a market capitalization of $419.44 million and generates $966.92 million in revenue each year. The financial services provider earns $42.82 million in net income (profit) each year or $2.63 on an earnings per share basis. Cowen employs 1,212 workers across the globe.View Additional Information About Cowen.

The official website for Cowen is http://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]