NASDAQ:COWN - Cowen Stock Price, News & Analysis

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 approved a share repurchase program on Friday, February 16th 2018, which authorizes the company to repurchase $23,600,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's management 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 Zacks' consensus estimate of $0.41 by $0.08. The financial services provider earned $244.40 million during the quarter, compared to analyst estimates of $230.19 million. Cowen had a return on equity of 8.32% and a net margin of 3.72%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business posted $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.

1 brokers have issued 12 month price targets for Cowen's stock. Their predictions range from $20.00 to $20.00. On average, they expect Cowen's stock price to reach $20.00 in the next year. This suggests a possible upside of 22.5% 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.

Headlines about COWN stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog 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 sentiment score of -2.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Cowen.

Some companies that are related to Cowen include Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Freedom (FRHC), 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 a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.57%), Vanguard Group Inc. (5.10%), Russell Investments Group Ltd. (4.58%), D. E. Shaw & Co. Inc. (3.39%), Monarch Partners Asset Management LLC (2.01%) and Nuveen Asset Management LLC (1.61%). Company insiders that own Cowen stock include Brett H Barth, 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 Mendon Capital Advisors Corp, Morgan Stanley, Wells Fargo & Company MN, JPMorgan Chase & Co., GSA Capital Partners LLP, Acadian Asset Management LLC, Wedge Capital Management L L P NC and Systematic Financial Management LP. View Insider Buying and Selling for Cowen.

COWN stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nuveen Asset Management LLC, D. E. Shaw & Co. Inc., APG Asset Management N.V., Balyasny Asset Management LLC, Monarch Partners Asset Management LLC, Bank of Montreal Can and Fisher Asset Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of COWN stock can currently be purchased for approximately $16.33.

Cowen has a market capitalization of $482.06 million and generates $966.92 million in revenue each year. 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]