NASDAQ:COWN - Cowen Stock Price, Forecast & News

Cowen's stock was trading at $11.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COWN shares have decreased by 22.5% and is now trading at $9.01. View which stocks have been mosted impacted by Coronavirus.

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.

Cowen is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Cowen.

Cowen Inc (NASDAQ:COWN) posted its quarterly earnings results on Wednesday, February, 12th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The financial services provider had revenue of $281.14 million for the quarter. Cowen had a return on equity of 7.70% and a net margin of 2.48%. View Cowen's earnings history.

Cowen announced a quarterly dividend on Tuesday, February 11th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.04 per share on Monday, March 16th. This represents a $0.16 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Friday, February 28th. View Cowen's dividend history.

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.

1 analysts have issued twelve-month price targets for Cowen's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Cowen's stock price to reach $20.00 in the next year. This suggests a possible upside of 122.0% from the stock's current price. View analysts' price targets for Cowen.

Press coverage about COWN stock has trended very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cowen earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCowen.

Cowen saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 3,107,900 shares, a drop of 17.8% from the February 27th total of 3,780,000 shares. Based on an average daily volume of 326,900 shares, the days-to-cover ratio is currently 9.5 days. Currently, 11.7% of the shares of the company are short sold. View Cowen's Current Options Chain.

Some companies that are related to Cowen include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

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), Tilray (TLRY), Corbus Pharmaceuticals (CRBP), Opko Health (OPK), Prospect Capital (PSEC), Energy Transfer LP Unit (ET), General Electric (GE), Just Energy Group (JE) and U.S. Silica (SLCA).

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

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 $9.01.

Cowen has a market capitalization of $258.23 million and generates $1.05 billion in revenue each year. The financial services provider earns $24.63 million in net income (profit) each year or $2.21 on an earnings per share basis. Cowen employs 1,325 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]