Cowen Group Company Profile (NASDAQ:COWN)

About Cowen Group (NASDAQ:COWN)

Cowen Group logoCowen 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:
  • Sector: Finance
  • Industry: Investment Banking & Brokerage Services - NEC
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NASDAQ:COWN
  • CUSIP: 22362210
  • Web: www.cowen.com
Capitalization:
  • Market Cap: $495.66 million
  • Outstanding Shares: 30,882,000
Average Prices:
  • 50 Day Moving Avg: $16.33
  • 200 Day Moving Avg: $15.10
  • 52 Week Range: $11.60 - $16.95
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.20
  • P/E Growth: 1.01
Sales & Book Value:
  • Annual Revenue: $444.43 million
  • Price / Sales: 1.12
  • Book Value: $23.72 per share
  • Price / Book: 0.68
Profitability:
  • Net Margins: 1.00%
  • Return on Equity: 1.92%
  • Return on Assets: 0.72%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.71%
Misc:
  • Average Volume: 293,642 shs.
  • Beta: 1.66
  • Short Ratio: 12.8
 
Frequently Asked Questions for Cowen Group (NASDAQ:COWN)

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 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 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 were Cowen Group's earnings last quarter?

Cowen Group, Inc. (NASDAQ:COWN) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.12. The business had revenue of $171.90 million for the quarter, compared to analyst estimates of $169.54 million. Cowen Group had a return on equity of 1.92% and a net margin of 1.00%. Cowen Group's revenue for the quarter was up 113.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.11) earnings per share. View Cowen Group's Earnings History.

Where is Cowen Group's stock going? Where will Cowen Group's stock price be in 2017?

3 equities research analysts have issued 1 year price targets for Cowen Group's stock. Their predictions range from $17.00 to $18.00. On average, they anticipate Cowen Group's share price to reach $17.67 in the next twelve months. View Analyst Ratings for Cowen Group.

Who are some of Cowen Group's key competitors?

Who are Cowen Group's key executives?

Cowen Group's management team includes the folowing people:

  • Jeffrey M. Solomon, President, Chief Executive Officer of Cowen and Company
  • Peter A. Cohen, Chairman of the Board, Chief Executive Officer
  • Stephen A. Lasota, Chief Financial Officer
  • John Holmes, Chief Operating Officer
  • Ann Neidenbach, Chief Information Officer
  • Owen S. Littman, General Counsel, Secretary
  • Jerome S. Markowitz, Lead Independent Director
  • Katherine Elizabeth Dietze, Independent Director
  • Steven Kotler, Independent Director
  • Jack H. Nusbaum, Independent Director

Who owns Cowen Group stock?

Cowen Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (8.54%), Dimensional Fund Advisors LP (4.78%), Vanguard Group Inc. (4.26%), Fosun International Ltd (4.22%), Thompson Siegel & Walmsley LLC (3.32%) and Capital World Investors (2.07%). Company insiders that own Cowen Group stock include Jeffrey M Solomon, John J Holmes, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen Group.

Who sold Cowen Group stock? Who is selling Cowen Group stock?

Cowen Group's stock was sold by a variety of institutional investors in the last quarter, including Fine Capital Partners L.P., Royce & Associates LP, Thompson Siegel & Walmsley LLC, Glacier Peak Capital LLC, New York State Common Retirement Fund, Schwab Charles Investment Management Inc., Prudential Financial Inc. and California State Teachers Retirement System. Company insiders that have sold Cowen Group stock in the last year include John J Holmes, Owen S Littman and Peter A Cohen. View Insider Buying and Selling for Cowen Group.

Who bought Cowen Group stock? Who is buying Cowen Group stock?

Cowen Group's stock was bought by a variety of institutional investors in the last quarter, including Fosun International Ltd, FMR LLC, Salzhauer Michael, Foundry Partners LLC, Monarch Partners Asset Management LLC, QS Investors LLC, North Star Investment Management Corp. and Great Lakes Advisors LLC. View Insider Buying and Selling for Cowen Group.

How do I buy Cowen Group stock?

Shares of Cowen Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cowen Group's stock price today?

One share of Cowen Group stock can currently be purchased for approximately $16.05.


MarketBeat Community Rating for Cowen Group (NASDAQ COWN)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  146
MarketBeat's community ratings are surveys of what our community members think about Cowen Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cowen Group (NASDAQ:COWN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.67 (10.07% upside)

Analysts' Ratings History for Cowen Group (NASDAQ:COWN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/11/2017InstinetReiterated RatingNeutral$17.00 -> $18.00HighView Rating Details
8/10/2017NomuraBoost Price TargetNeutral$17.00 -> $18.00MediumView Rating Details
2/22/2017Cowen and CompanyReiterated RatingNeutral$16.00 -> $17.00N/AView Rating Details
10/8/2015JMP SecuritiesLower Price Target$28.00 -> $24.00N/AView Rating Details
10/7/2015Keefe, Bruyette & WoodsLower Price Target$28.00 -> $26.00N/AView Rating Details
(Data available from 8/16/2015 forward)

Earnings

Earnings History for Cowen Group (NASDAQ:COWN)
Earnings by Quarter for Cowen Group (NASDAQ:COWN)
Earnings History by Quarter for Cowen Group (NASDAQ COWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017$0.27$0.39$169.54 million$171.90 millionViewListenView Earnings Details
4/27/2017Q1 2017$0.13$0.19$135.52 million$114.97 millionViewN/AView Earnings Details
2/16/2017Q416$0.03($0.48)$126.50 million$122.30 millionViewListenView Earnings Details
10/27/2016Q316$0.04$0.10$134.76 million$153.50 millionViewListenView Earnings Details
7/28/2016Q216($0.08)($0.20)$99.25 million$117.23 millionViewListenView Earnings Details
4/28/2016Q116$0.03($0.05)$101.25 million$101.00 millionViewListenView Earnings Details
2/25/2016Q415$0.08$0.14$138.66 million$160.70 millionViewListenView Earnings Details
10/29/2015Q315($0.10)($0.13)$111.76 million$82.80 millionViewListenView Earnings Details
7/30/2015Q215$0.08$0.09$125.94 million$124.40 millionViewListenView Earnings Details
4/30/2015Q115$0.10$0.20$146.52 million$161.70 millionViewListenView Earnings Details
2/26/2015Q4$0.08$0.16$119.40 million$165.80 millionViewListenView Earnings Details
11/6/2014Q3$0.05$0.06$107.80 million$107.10 millionViewListenView Earnings Details
8/7/2014Q2$0.06$0.07$104.69 million$111.50 millionViewListenView Earnings Details
5/7/2014Q1$0.06$0.08$103.31 million$110.00 millionViewListenView Earnings Details
2/27/2014Q4$0.02$0.02$88.60 million$97.40 millionViewListenView Earnings Details
11/7/2013$0.03$0.03ViewListenView Earnings Details
8/2/2013Q2 2013$0.02$0.01$79.50 million$81.10 millionViewListenView Earnings Details
11/8/2012Q312($0.02)($0.09)$68.50 million$66.00 millionViewN/AView Earnings Details
3/4/2011$0.06$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cowen Group (NASDAQ:COWN)
Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $2.59 EPS

Dividends

Dividend History for Cowen Group (NASDAQ:COWN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Cowen Group (NASDAQ:COWN)
Insider Ownership Percentage: 6.20%
Institutional Ownership Percentage: 81.32%
Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)
Institutional Ownership by Quarter for Cowen Group (NASDAQ:COWN)
Insider Trades by Quarter for Cowen Group (NASDAQ:COWN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/13/2017Peter A CohenMajor ShareholderSell100,000$0.31$31,000.00View SEC Filing  
7/12/2017Peter A CohenMajor ShareholderSell500,000$0.21$105,000.00View SEC Filing  
7/11/2017Peter A CohenMajor ShareholderSell122,363$0.32$39,156.16View SEC Filing  
7/10/2017Peter A CohenMajor ShareholderSell133,202$0.37$49,284.74View SEC Filing  
7/7/2017Peter A CohenMajor ShareholderSell194,349$0.39$75,796.11View SEC Filing  
5/2/2017John J HolmesCOOSell35,000$15.71$549,850.00View SEC Filing  
12/15/2016Owen S. LittmanGeneral CounselSell7,500$16.39$122,925.00View SEC Filing  
3/1/2016Jeffrey M SolomonPresidentBuy15,000$3.52$52,800.00View SEC Filing  
6/11/2014Owen S LittmanGeneral CounselSell60,000$4.20$252,000.00View SEC Filing  
6/5/2014John J HolmesInsiderSell60,000$4.17$250,200.00View SEC Filing  
5/16/2014Jeffrey M SolomonDirectorBuy25,000$3.85$96,250.00View SEC Filing  
8/6/2013Jeffrey M SolomonCEOSell100,000$3.60$360,000.00View SEC Filing  
3/11/2013Jerome S MarkowitzDirectorBuy100,000$2.70$270,000.00View SEC Filing  
3/7/2013Jerome S MarkowitzDirectorBuy69,047$2.60$179,522.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cowen Group (NASDAQ:COWN)
Latest Headlines for Cowen Group (NASDAQ:COWN)
Source:
DateHeadline
finance.yahoo.com logoCowen’s ADR Direct® Platform Launches New Global Client Portal Featuring Enhanced Functionality
finance.yahoo.com - August 16 at 5:54 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bullish Manner : COWN-US : August 14, 2017
finance.yahoo.com - August 14 at 5:51 PM
americanbankingnews.com logoInstinet Reiterates Neutral Rating for Cowen Group, Inc. (NASDAQ:COWN)
www.americanbankingnews.com - August 13 at 2:24 PM
seekingalpha.com logoUniti (UNIT) Presents At Cowen and Company 3rd Annual Communications Infrastructure Summit - Slideshow
seekingalpha.com - August 10 at 6:43 PM
americanbankingnews.com logoCowen Group, Inc. (COWN) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS
www.americanbankingnews.com - August 4 at 11:08 PM
finance.yahoo.com logoEdited Transcript of COWN earnings conference call or presentation 3-Aug-17 8:30pm GMT
finance.yahoo.com - August 4 at 5:41 PM
finance.yahoo.com logoCowen Announced Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 8:34 PM
finance.yahoo.com logoCowen posts 2Q profit
finance.yahoo.com - August 3 at 8:34 PM
finance.yahoo.com logoCowen, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : August 3, 2017
finance.yahoo.com - August 3 at 3:30 PM
finance.yahoo.com logoInvestor Network: Cowen Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 3:30 PM
marketwatch.com logoAmerican Airlines' stock rallies after Cowen raises rating, price target
www.marketwatch.com - July 31 at 5:21 PM
finance.yahoo.com logoCowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
finance.yahoo.com - July 28 at 7:16 PM
seekingalpha.com logoAltria Group (MO) Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 27 at 5:43 PM
finance.yahoo.com logoCowen Announces 2017 Second Quarter Earnings Conference Call
finance.yahoo.com - July 27 at 5:43 PM
seekingalpha.com logoTriumph Group (TGI) Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - July 26 at 6:00 PM
americanbankingnews.com logoPeter A. Cohen Sells 100,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 9:08 PM
americanbankingnews.com logoPeter A. Cohen Sells 500,000 Shares of Cowen Group, Inc. (COWN) Stock
www.americanbankingnews.com - July 14 at 8:46 PM
finance.yahoo.com logoCowen’s Westminster Research Associates Named “Greenwich Quality Leader” In Greenwich Associate’s 2017 U.S. Equity Investors Study
finance.yahoo.com - July 13 at 6:37 PM
americanbankingnews.com logoPeter A. Cohen Sells 194,349 Shares of Cowen Group, Inc. (NASDAQ:COWN) Stock
www.americanbankingnews.com - July 12 at 8:45 PM
americanbankingnews.com logoInsider Selling: Cowen Group, Inc. (COWN) Major Shareholder Sells 133,202 Shares of Stock
www.americanbankingnews.com - July 12 at 8:45 PM
americanbankingnews.com logoCowen Group, Inc. (COWN) Major Shareholder Sells $39,156.16 in Stock
www.americanbankingnews.com - July 12 at 8:42 PM
americanbankingnews.com logoLPL Financial Holdings (LPLA) vs. Cowen Group (COWN) Critical Comparison
www.americanbankingnews.com - July 9 at 7:34 AM
americanbankingnews.com logoReviewing Cowen Group (COWN) and E*TRADE Financial Corporation (ETFC)
www.americanbankingnews.com - July 8 at 12:16 AM
americanbankingnews.com logoReviewing Cowen Group (NASDAQ:COWN) and Nomura Holdings Inc ADR (NMR)
www.americanbankingnews.com - July 6 at 6:20 PM
finance.yahoo.com logoCowen Expands Its Leadership Team
finance.yahoo.com - July 5 at 6:11 PM
finance.yahoo.com logoCowen Outlines Proposed Recommendations To Improve Small Cap Ecosystem
finance.yahoo.com - June 23 at 5:02 PM
finance.yahoo.com logoDavid M.V. Barnes Joins Cowen’s Financial Sponsor Coverage Team
finance.yahoo.com - June 22 at 10:54 AM
finance.yahoo.com logoJeffrey M. Solomon, Cowen President, To Present At SEC Investor Advisory Committee
finance.yahoo.com - June 21 at 5:39 PM
americanbankingnews.com logoCowen Group (COWN) & Morgan Stanley (MS) Head-To-Head Review
www.americanbankingnews.com - June 16 at 8:48 PM
americanbankingnews.com logoContrasting Cowen Group (COWN) & TD Ameritrade Holding Corp. (AMTD)
www.americanbankingnews.com - June 8 at 8:44 PM
finance.yahoo.com logoCowen Completes Acquisition of Convergex
finance.yahoo.com - June 1 at 5:04 PM
finance.yahoo.com logoCowen to Discontinue Millennium Dark Pool Matching Engine
finance.yahoo.com - June 1 at 5:04 PM
finance.yahoo.com logoCowen to end mid-point matching in Millennium dark pool
finance.yahoo.com - June 1 at 5:04 PM
seekingalpha.com logoUniti (UNIT) Presents At Cowen and Company 45th Annual Technology, Media & Telecom Conference - Slideshow
seekingalpha.com - May 31 at 4:28 PM
nasdaq.com logoUniti Group Inc. to Present at the Cowen and Company 45th Annual Technology, Media and Telecom Conference
www.nasdaq.com - May 25 at 6:03 PM
finance.yahoo.com logoCowen Announces New Brand Identity
finance.yahoo.com - May 16 at 12:46 PM
finance.yahoo.com logoCowen Wins European Hedge Fund Services Award
finance.yahoo.com - May 10 at 8:15 AM
finance.yahoo.com logoCowen Expands International Prime Services Team
finance.yahoo.com - May 5 at 4:40 PM
americanbankingnews.com logoVery Favorable Media Coverage Very Likely to Impact Cowen Group (COWN) Stock Price
www.americanbankingnews.com - May 4 at 8:52 AM
americanbankingnews.com logoJohn J. Holmes Sells 35,000 Shares of Cowen Group Inc (COWN) Stock
www.americanbankingnews.com - May 3 at 10:38 PM
finance.yahoo.com logoETFs with exposure to Cowen Group, Inc. : May 3, 2017
finance.yahoo.com - May 3 at 4:25 PM
finance.yahoo.com logoCowen Group, Inc. :COWN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 2 at 7:01 PM
americanbankingnews.com logoCowen Group (COWN) Receives News Impact Score of 0.61
www.americanbankingnews.com - April 30 at 10:14 AM
finance.yahoo.com logoEdited Transcript of COWN earnings conference call or presentation 27-Apr-17 8:30pm GMT
finance.yahoo.com - April 28 at 5:24 PM
finance.yahoo.com logoCowen Group, Inc. breached its 50 day moving average in a Bearish Manner : COWN-US : April 28, 2017
finance.yahoo.com - April 28 at 5:24 PM
americanbankingnews.com logoCowen Group Inc (COWN) Issues Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - April 27 at 11:20 PM
reuters.com logoBRIEF-Cowen Group Q1 non-gaap earnings per share $0.19
www.reuters.com - April 27 at 9:57 PM
americanbankingnews.com logoFavorable News Coverage Very Likely to Affect Cowen Group (COWN) Stock Price
www.americanbankingnews.com - April 27 at 6:16 PM
finance.yahoo.com logoInvestor Network: Cowen Group, Inc. Class A to Host Earnings Call
finance.yahoo.com - April 27 at 4:55 PM
finance.yahoo.com logoCowen Group, Inc. Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 4:55 PM

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Chart

Cowen Group (COWN) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff