Cowen (COWN) Stock Price, News & Analysis

Company Overview

Cowen, Inc. engages in the provision of financial services. It operates through following the segments: Operating Company and Asset Company. The Operating Company segment consists of the Cowen Investment Management, Investment Banking, Markets, and Research divisions. The Asset Company segment consists of the firm's private investments, private real estate investments, and other legacy investment strategies. The firm offers investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services, and actively managed alternative investment products. The company was founded in 1918 and is headquartered in New York, NY.

Key Stats

• Today's Range: $38.99 to $38.99
• 50-Day Range: $38.84 to $39.02
• 52-Week Range: $21.36 to $39.07
• Volume: N/A
• Average Volume: 685,426 shs
• Market Capitalization: $1.10 billion
• P/E Ratio: 17.80
• Dividend Yield: 1.23%
• Price Target: N/A
• Consensus Rating: N/A

Cowen Stock Analysis - MarketRank™

Cowen scored higher than 34% of companies evaluated by MarketBeat, and ranked 768th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cowen.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cowen is 17.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cowen is 17.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 27.91.

Price to Book Value per Share Ratio

Cowen has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for COWN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Cowen pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cowen does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cowen is 21.92%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.74

Short Interest

There is no current short interest data available for COWN.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.25

News Coverage This Week

MarketBeat has tracked 13 news articles for Cowen this week, compared to 9 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cowen insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.40% of the stock of Cowen is held by insiders.

Percentage Held by Institutions

93.10% of the stock of Cowen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

COWN Stock Analysis - Frequently Asked Questions

How were Cowen's earnings last quarter?

Cowen Inc. (NASDAQ:COWN) posted its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.22 by $0.10. The financial services provider earned $359.06 million during the quarter, compared to analyst estimates of $336.73 million. Cowen had a trailing twelve-month return on equity of 7.05% and a net margin of 4.97%.

When did Cowen's stock split?

Cowen's stock reverse split before market open 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 stock prior to the reverse split would have 25 shares after the split.

What other stocks do shareholders of Cowen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cowen investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Security brokers & dealers
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NASDAQ:COWN
• CUSIP: 22362210
• CIK: 1466538
• Web: www.cowen.com
• Phone: (646) 562-1010
• Fax: 646-562-1861
• Employees: 1,534
• Year Founded: 1994

Profitability

• EPS (Most Recent Fiscal Year): $2.19
• Trailing P/E Ratio: 17.80
• Forward P/E Ratio: 9.77
• P/E Growth: N/A
• Net Income: $76.46 million
• Net Margins: 4.97%
• Pretax Margin: 4.98%
• Return on Equity: 7.05%
• Return on Assets: 0.98%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.77
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $1.54 billion
• Price / Sales: 0.72
• Cash Flow: $4.21 per share
• Price / Cash Flow: 9.27
• Book Value: $43.08 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 28,240,000
• Free Float: 26,501,000
• Market Cap: $1.10 billion
• Optionable: Optionable
• Beta: 1.45