Cohen & Steers (CNS) Projected to Post Quarterly Earnings on Wednesday

Cohen & Steers (NYSE:CNS - Get Free Report) is anticipated to announce its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $130.64 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Cohen & Steers (NYSE:CNS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by ($0.02). Cohen & Steers had a return on equity of 33.13% and a net margin of 29.24%.

Cohen & Steers Price Performance

Shares of NYSE CNS traded down $0.35 during trading on Friday, hitting $73.40. The stock had a trading volume of 217,969 shares, compared to its average volume of 236,074. The firm has a fifty day moving average of $81.67 and a two-hundred day moving average of $91.09. Cohen & Steers has a 12 month low of $64.13 and a 12 month high of $110.67. The company has a market capitalization of $3.74 billion, a PE ratio of 24.71 and a beta of 1.46.

Cohen & Steers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were paid a $0.62 dividend. This is a positive change from Cohen & Steers's previous quarterly dividend of $0.59. The ex-dividend date was Monday, March 3rd. This represents a $2.48 annualized dividend and a yield of 3.38%. Cohen & Steers's dividend payout ratio (DPR) is 83.50%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI reduced their target price on Cohen & Steers from $94.00 to $78.00 and set an "outperform" rating for the company in a report on Friday.

About Cohen & Steers

Cohen & Steers, Inc is a holding company, which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds and closed-end funds.