Cowen - COWN Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cowen in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" COWN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COWN, but not buy additional shares or sell existing shares.
View COWN analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month target prices for Cowen's shares. Their COWN share price forecasts range from $25.00 to $59.00. On average, they predict the company's stock price to reach $47.33 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for COWN or view top-rated stocks among Wall Street analysts.

Cowen's stock was trading at $38.62 on January 1st, 2023. Since then, COWN shares have increased by 1.0% and is now trading at $38.99.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our COWN earnings forecast.

Cowen Inc. (NASDAQ:COWN) released its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.10. The financial services provider earned $359.06 million during the quarter, compared to the consensus estimate of $336.73 million. Cowen had a net margin of 4.97% and a trailing twelve-month return on equity of 7.05%. During the same quarter in the previous year, the firm posted $1.25 EPS.

Cowen declared a quarterly dividend on Tuesday, February 14th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.12 per share on Wednesday, March 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for COWN.

ETFs with the largest weight of Cowen (NASDAQ:COWN) stock in their portfolio include AltShares Event-Driven ET (EVNT), AltShares Merger Arbitrage ETF (ARB), WisdomTree U.S. SmallCap Fund (EES) and Janus Henderson Small Cap Growth Alpha ETF (JSML).

Cowen (NASDAQ:COWN) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.23%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for COWN.

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

16 employees have rated Cowen Chief Executive Officer Jeffrey Solomon on Glassdoor.com. Jeffrey Solomon has an approval rating of 100% among the company's employees. This puts Jeffrey Solomon in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cowen investors own include Crown Castle (CCI), OPKO Health (OPK), Advanced Micro Devices (AMD), Abbott Laboratories (ABT), Corbus Pharmaceuticals (CRBP), Raytheon Technologies (RTX), AbbVie (ABBV), Ampio Pharmaceuticals (AMPE) and KushCo (KSHB).

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

Cowen's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Versor Investments LP (4.62%), Dimensional Fund Advisors LP (4.19%), Alpine Associates Management Inc. (4.13%), Man Group plc (2.95%), AQR Arbitrage LLC (2.04%) and Geode Capital Management LLC (1.77%). Insiders that own company stock include Brett H Barth, Jeffrey M Solomon, John J Holmes, Lorence H Kim, Owen S Littman, Stephen Lasota and Terren S Peizer.
View institutional ownership trends.

Shares of COWN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COWN stock can currently be purchased for approximately $38.99.

Cowen (NASDAQ:COWN) has a market capitalization of $1.10 billion and generates $1.54 billion in revenue each year. The financial services provider earns $76.46 million in net income (profit) each year or $2.19 on an earnings per share basis.

The company employs 1,534 workers across the globe.

Cowen's mailing address is 599 LEXINGTON AVENUE, NEW YORK NY, 10022. The official website for the company is www.cowen.com. The financial services provider can be reached via phone at (646) 562-1010, via email at james.farley@cowen.com, or via fax at 646-562-1861.