Cowen Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone646-562-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$966.92 million
Profitability
Miscellaneous
Employees1,212
Next Earnings Date10/24/2019 (Confirmed)
OptionableOptionable
Cowen (NASDAQ:COWN) Frequently Asked Questions
What is Cowen's stock symbol?
Cowen trades on the NASDAQ under the ticker symbol "COWN."
When did Cowen's stock split? How did Cowen's stock split work?
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 Cowen stock prior to the reverse split would have 25 shares after the split.
How will Cowen's stock buyback program work?
Cowen declared that its board has authorized a share repurchase plan on Friday, February 16th 2018, which permits the company to buyback $23,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.
How were Cowen's earnings last quarter?
Cowen Inc (NASDAQ:COWN) posted its earnings results on Friday, July, 26th. The financial services provider reported $0.49 EPS for the quarter, topping the 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 net margin of 3.72% and a return on equity of 8.32%. The company's revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business earned $0.71 earnings per share. View Cowen's Earnings History.
When is Cowen's next earnings date?
How can I listen to Cowen's earnings call?
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.
What price target have analysts set for COWN?
1 brokerages have issued 12-month target prices for Cowen's stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Cowen's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Price Targets for Cowen.
What is the consensus analysts' recommendation 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.
Has Cowen been receiving favorable news coverage?
News stories about COWN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 headlines 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 stock's share price in the near future. View News Stories for Cowen.
Are investors shorting Cowen?
Cowen saw a decrease in short interest in September. As of September 30th, there was short interest totalling 4,150,000 shares, a decrease 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 short-interest ratio is currently 14.8 days. Approximately 15.4% of the shares of the stock are short sold. View Cowen's Current Options Chain.
Who are some of Cowen's key competitors?
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).
What other stocks do shareholders of Cowen own?
Who are Cowen's key executives?
Cowen's management team includes the folowing people:
- Mr. Jeffrey Marc Solomon, CEO & Director (Age 53)
- Mr. Stephen A. Lasota CPA, MD & CFO (Age 56)
- Mr. John J. Holmes, MD & COO (Age 55)
- Mr. Owen S. Littman, MD, Gen. Counsel & Sec. (Age 46)
- Ms. Elizabeth Flisser Rosman, MD & Head of Investment Management
Who are Cowen's major shareholders?
Cowen's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.20%). Company insiders that own Cowen stock include Brett H Barth, Owen S Littman and Peter A Cohen. View Institutional Ownership Trends for Cowen.
Which major investors are buying Cowen stock?
How do I buy shares of 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.
What is Cowen's stock price today?
One share of COWN stock can currently be purchased for approximately $14.04.
How big of a company is Cowen?
Cowen has a market capitalization of $414.46 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.
What is Cowen's official website?
How can I contact Cowen?
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]
MarketBeat Community Rating for Cowen (NASDAQ COWN)
MarketBeat's community ratings are surveys of what our community members think about Cowen and other stocks. Vote "Outperform" if you believe COWN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COWN will underperform the S&P 500 over the long term. You may vote once every thirty days.
