NYSE:CNSCohen & Steers Stock Price, Forecast & News

$73.68

+3.41 (+4.85 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$71.71

Now: $73.68▼

$75.16

50-Day Range

$46.81

MA: $58.71▼

$70.27

52-Week Range

$33.52

Now: $73.68▼

$78.23

Volume171,518 shs

Average Volume192,575 shs

Market Capitalization$3.52 billion

P/E Ratio29.24

Dividend Yield2.22%

Beta1.37

Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Cohen & Steers has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.50, Cohen & Steers has a potential downside of 19.2% from its current price of $73.68.
Amount of Analyst Coverage
Cohen & Steers has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Cohen & Steers has received 227 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cohen & Steers has received 354 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cohen & Steers has received 60.93% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cohen & Steers and other stocks. Vote “Outperform” if you believe CNS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CNS will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Cohen & Steers is a leading dividend payer. It pays a dividend yield of 2.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cohen & Steers has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Cohen & Steers is 60.70 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cohen & Steers will have a dividend payout ratio of 70.27 % next year. This indicates that Cohen & Steers will be able to sustain or increase its dividend.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cohen & Steers insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,472,590.00 in company stock.
Percentage Held by Insiders
49.31% of the stock of Cohen & Steers is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.40% of the stock of Cohen & Steers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Cohen & Steers are expected to grow by 4.23% in the coming year, from $2.13 to $2.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cohen & Steers is 29.24, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cohen & Steers is 29.24, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.79.
Price to Earnings Growth Ratio
Cohen & Steers has a PEG Ratio of 2.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cohen & Steers has a P/B Ratio of 16.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.01 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment advice

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNYSE:CNS

Previous Symbol

CUSIP19247A10

CIK1284812

Webwww.cohenandsteers.com

Phone212-832-3232

Debt

Debt-to-Equity Ratio0.21

Current Ratio5.91

Quick Ratio5.91

Price-To-Earnings

Trailing P/E Ratio29.24

Forward P/E Ratio34.59

P/E Growth2.56

Sales & Book Value

Annual Sales$410.83 million

Price / Sales8.57

Cash Flow$3.37 per share

Price / Cash Flow21.88

Book Value$4.52 per share

Price / Book16.30

Profitability

EPS (Most Recent Fiscal Year)$2.57

Net Income$134.62 million

Net Margins29.33%

Return on Equity54.04%

Return on Assets31.91%

Miscellaneous

Employees328

Outstanding Shares47,770,000

Market Cap$3.52 billion

Next Earnings Date7/15/2020 (Estimated)

OptionableOptionable

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Cohen & Steers (NYSE:CNS) Frequently Asked Questions

How has Cohen & Steers' stock been impacted by COVID-19 (Coronavirus)?

Cohen & Steers' stock was trading at $52.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CNS shares have increased by 40.8% and is now trading at $73.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cohen & Steers?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cohen & Steers in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cohen & Steers.

When is Cohen & Steers' next earnings date?

Cohen & Steers is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Cohen & Steers.

How were Cohen & Steers' earnings last quarter?

Cohen & Steers, Inc. (NYSE:CNS) released its earnings results on Wednesday, April, 22nd. The asset manager reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.03. The asset manager earned $105.83 million during the quarter, compared to analyst estimates of $104.75 million. Cohen & Steers had a return on equity of 54.04% and a net margin of 29.33%. Cohen & Steers's revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 earnings per share. View Cohen & Steers' earnings history.

How often does Cohen & Steers pay dividends? What is the dividend yield for Cohen & Steers?

Cohen & Steers declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.39 per share on Tuesday, June 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Friday, May 15th. View Cohen & Steers' dividend history.

What price target have analysts set for CNS?

2 brokerages have issued twelve-month price objectives for Cohen & Steers' shares. Their forecasts range from $54.00 to $65.00. On average, they anticipate Cohen & Steers' share price to reach $59.50 in the next year. This suggests that the stock has a possible downside of 19.2%. View analysts' price targets for Cohen & Steers.

Has Cohen & Steers been receiving favorable news coverage?

Media headlines about CNS stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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. Cohen & Steers earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutCohen & Steers.

Are investors shorting Cohen & Steers?

Cohen & Steers saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,130,000 shares, a decrease of 8.1% from the April 30th total of 1,230,000 shares. Based on an average daily trading volume, of 207,600 shares, the short-interest ratio is currently 5.4 days. Currently, 4.8% of the company's shares are short sold. View Cohen & Steers' Current Options Chain.

Who are some of Cohen & Steers' key competitors?

Some companies that are related to Cohen & Steers include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

What other stocks do shareholders of Cohen & Steers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cohen & Steers investors own include Energy Transfer LP Unit (ET), AT&T (T), Enbridge (ENB), Ford Motor (F), Altria Group (MO), Verizon Communications (VZ), Enterprise Products Partners (EPD), IBM (IBM), Las Vegas Sands (LVS) and Main Street Capital (MAIN).

Who are Cohen & Steers' key executives?

Cohen & Steers' management team includes the following people:

Mr. Robert Hamilton Steers, CEO & Director (Age 66)
Mr. Joseph Martin Harvey, Pres & Chief Investment Officer (Age 55)
Mr. Matthew Scott Stadler CPA, CPA, Exec. VP & CFO (Age 64)
Mr. Adam M. Derechin C.F.A., CFA, Exec. VP & COO (Age 54)
Mr. John Todd Glickson, Exec. VP and Head of Global Marketing & Product Solutions (Age 51)

What is Cohen & Steers' stock symbol?

Cohen & Steers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNS."

Who are Cohen & Steers' major shareholders?

Cohen & Steers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.53%), Wasatch Advisors Inc. (3.51%), Clearbridge Investments LLC (2.97%), Robeco Institutional Asset Management B.V. (1.73%), Copeland Capital Management LLC (1.23%) and Gamco Investors INC. ET AL (1.21%). Company insiders that own Cohen & Steers stock include Edmond D Villani, Elena Dulik, Francis C Poli, John Todd Glickson, Matthew S Stadler and Michele Nolty. View institutional ownership trends for Cohen & Steers.

Which major investors are selling Cohen & Steers stock?

CNS stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Thrivent Financial for Lutherans, BlackRock Inc., APG Asset Management N.V., APG Asset Management N.V., Janus Henderson Group PLC, Boston Trust Walden Corp, and Gamco Investors INC. ET AL. Company insiders that have sold Cohen & Steers company stock in the last year include Elena Dulik, Francis C Poli, Matthew S Stadler, and Michele Nolty. View insider buying and selling activity for Cohen & Steers.

Which major investors are buying Cohen & Steers stock?

CNS stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Driehaus Capital Management LLC, Wasatch Advisors Inc., Hillsdale Investment Management Inc., Invesco Ltd., Jane Street Group LLC, AlphaCrest Capital Management LLC, and State Street Corp. View insider buying and selling activity for Cohen & Steers.

How do I buy shares of Cohen & Steers?

Shares of CNS 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 Cohen & Steers' stock price today?

One share of CNS stock can currently be purchased for approximately $73.68.

How big of a company is Cohen & Steers?

Cohen & Steers has a market capitalization of $3.52 billion and generates $410.83 million in revenue each year. The asset manager earns $134.62 million in net income (profit) each year or $2.57 on an earnings per share basis. Cohen & Steers employs 328 workers across the globe.

What is Cohen & Steers' official website?

The official website for Cohen & Steers is www.cohenandsteers.com.

How can I contact Cohen & Steers?

Cohen & Steers' mailing address is 280 Park Avenue, NEW YORK NY, 10017. The asset manager can be reached via phone at 212-832-3232 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff