Cowen Inc. (COWN)
Stock Price Chart
Key Info
| Market Cap | 531.61M |
| Revenue (ttm) | 1.08B |
| Net Income (ttm) | 112.95M |
| Shares Out | 27.67M |
| EPS (ttm) | 3.50 |
| PE Ratio | 5.49 |
| Forward PE | n/a |
| Dividend | $0.16 |
| Dividend Yield | 0.83% |
Stock Quote
| Trading Day | Oct 23, 2020 |
| Last Price | $19.21 |
| Previous Close | $18.95 |
| Change ($) | 0.26 |
| Change (%) | 1.37% |
| Day's Open | 19.01 |
| Day's Range | 18.92 - 19.35 |
| Day's Volume | 230,548 |
| 52-Week Range | 5.75 - 20.35 |
More Stats
| Market Cap | 531.61M |
| Enterprise Value | 1.08B |
| Earnings Date (est) | Oct 27, 2020 |
| Ex-Dividend Date | Aug 31, 2020 |
| Shares Outstanding | 27.67M |
| Float | 25.57M |
| EPS (basic) | 3.79 |
| EPS (diluted) | 3.50 |
| FCF / Share | 6.24 |
| Dividend | $0.16 |
| Dividend Yield | 0.83% |
| Earnings Yield | 18.22% |
| FCF Yield | 32.84% |
| Payout Ratio | 2.10% |
| Shares Short | 3.67M |
| Short Ratio | 8.67 |
| Short % of Float | 14.35% |
| Beta | 1.56 |
| PE Ratio | 5.49 |
| Forward PE | n/a |
| P/FCF Ratio | 3.04 |
| PS Ratio | 0.49 |
| PB Ratio | 0.58 |
| Revenue | 1.08B |
| Operating Income | -39.36M |
| Net Income | 112.95M |
| Free Cash Flow | 174.61M |
| Net Cash | -550.16M |
| Net Cash / Share | -19.88 |
| Gross Margin | 58.62% |
| Operating Margin | -3.65% |
| Profit Margin | 9.90% |
| FCF Margin | 16.20% |
| ROA | 2.13% |
| ROE | 9.43% |
| ROIC | 3.00% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 881 | 863 | 598 | 442 | 465 | 428 | 329 | 242 | 235 | 234 |
| Revenue Growth | 2.09% | 44.32% | 35.18% | -4.8% | 8.6% | 30.21% | 36.02% | 2.65% | 0.63% | - |
| Gross Profit | 777 | 753 | 522 | 410 | 437 | 404 | 306 | 221 | 219 | 216 |
| Operating Income | -63.45 | -21.61 | -88.98 | -69.12 | -12.48 | -18.88 | -4.75 | -73.23 | -131 | -94.08 |
| Net Income | 24.63 | 42.82 | -60.88 | -19.28 | 43.73 | 167 | 4.65 | -23.89 | -108 | -45.42 |
| Shares Outstanding | 29.53 | 29.55 | 29.49 | 26.86 | 27.52 | 28.73 | 29.18 | 28.60 | 23.88 | 18.29 |
| Earnings Per Share | 0.57 | 1.17 | -2.29 | -0.97 | 1.37 | 5.60 | 0.16 | -0.84 | -4.52 | -2.48 |
| EPS Growth | -51.28% | - | - | - | -75.54% | 3400% | - | - | - | - |
| Operating Cash Flow | -180 | 324 | 3.40 | -352 | -68.61 | -63.78 | 151 | -104 | 233 | -51.55 |
| Capital Expenditures | -14.88 | -8.59 | 1.86 | -15.61 | -7.03 | -2.22 | -1.14 | -1.90 | -6.54 | -5.85 |
| Free Cash Flow | -195 | 316 | 5.26 | -367 | -75.64 | -66.01 | 149 | -106 | 226 | -57.41 |
| Cash & Equivalents | 439 | 474 | 268 | 130 | 172 | 130 | 56.77 | 87.10 | 129 | 43.56 |
| Total Debt | 1,037 | 593 | 657 | 474 | 448 | 393 | 137 | 348 | 569 | 422 |
| Net Cash / Debt | -597 | -119 | -389 | -344 | -276 | -263 | -80.41 | -261 | -440 | -378 |
| Assets | 5,162 | 3,346 | 3,296 | 2,019 | 1,788 | 2,406 | 1,842 | 1,638 | 1,536 | 1,247 |
| Liabilities | 3,867 | 2,270 | 2,108 | 867 | 811 | 1,642 | 1,248 | 1,058 | 923 | 654 |
| Book Value | 810 | 794 | 748 | 773 | 790 | 678 | 508 | 495 | 508 | 449 |
Company Profile
Company Details
| Full Name | Cowen Inc. |
| Country | United States |
| Employees | 1,325 |
| CEO | Jeffrey Marc Solomon |
Stock Information
| Ticker Symbol | COWN |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Capital Markets |
| Unique Identifier | NASDAQ: COWN |
Description
Cowen, together with its subsidiaries, provides investment banking, research, sales and trading, prime brokerage, global clearing, commission management, and investment management services in the United States and internationally. It operates in two segments, Operating Company (Op Co) and Asset Company (Asset Co). The company offers public and private capital raising, and strategic advisory services for public and private companies. It also trades common stocks, listed options, equity-linked securities, and other financial instruments on behalf of institutional investor clients, as well as offers a suite of prime brokerage, cross-asset trading, securities finance, global execution, clearing, and commission management services. In addition, the company provides research content and coverage. Further, it offers investment products and solutions in the liquidity spectrum to institutional and private clients. Additionally, the company is involved in the private investment, private real estate investment, and other legacy investment activities. Cowen Inc. was founded in 1918 and is headquartered in New York, New York.