Cowen Inc. (COWN)
| Market Cap | 1.07B |
| Revenue (ttm) | 1.43B |
| Net Income (ttm) | 145.17M |
| Shares Out | 27.65M |
| EPS (ttm) | 4.71 |
| PE Ratio | 8.21 |
| Forward PE | 7.14 |
| Dividend | $0.44 (1.14%) |
| Ex-Dividend Date | Aug 31, 2022 |
| Volume | 587,737 |
| Open | 38.68 |
| Previous Close | 38.72 |
| Day's Range | 38.65 - 38.75 |
| 52-Week Range | 21.36 - 39.93 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 46.92 (+21.3%) |
| Earnings Date | Aug 3, 2022 |
About COWN
Cowen Inc., together with its subsidiaries, provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, 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 fina... [Read more...]
Financial Performance
In 2021, Cowen's revenue was $1.90 billion, an increase of 21.25% compared to the previous year's $1.57 billion. Earnings were $295.61 million, an increase of 36.63%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for COWN stock is "Buy." The 12-month stock price forecast is 46.92, which is an increase of 21.27% from the latest price.
News
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates EVOP, COWN, PING, AAWW
NEW YORK , Aug. 15, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches o...
Investor Alert - The M&A Class Action Firm Announces the Investigation of Cowen Inc. - COWN
NEW YORK , Aug. 9, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rate...
Bevi Partners with Cowen Sustainable Investments on $70 Million Series D
BOSTON, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Bevi, the market leader in smart water coolers, announced a $70 million Series D investment from Cowen Sustainable Investments (CSI), an environmental sustainab...
New Strong Sell Stocks for August 8th
COWN, AUD, and OGN have been added to the Zacks Rank #5 (Strong Sell) List on August 8, 2022.
SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates EVOP, COWN, SWIR, RMO
NEW YORK , Aug. 8, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of...
Toronto-Dominion (TD) Agrees to Acquire Cowen (COWN) for $1.3B
Toronto-Dominion (TD) enters an agreement to acquire Cowen (COWN) for $1.3 billion in cash. The deal will accelerate TD's long-term growth strategy in the United States.
Cowen Group (COWN) Lags Q2 Earnings Estimates
Cowen (COWN) delivered earnings and revenue surprises of -20% and 3.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Cowen Announces Financial Results For Second Quarter 2022
NEW YORK, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the second quarter ended June 30, 2022.
Shareholder Alert: Ademi LLP investigates whether Ping Identity Holding Corp. has obtained a Fair Price in its transa...
MILWAUKEE , Aug. 3, 2022 /PRNewswire/ -- Ademi LLP is investigating Ping Identity (NASDAQ: COWN) for possible breaches of fiduciary duty and other violations of law in its transaction with Thoma Bravo. ...
Canadian TD Bank's move for Cowen underscores desire for a bigger piece of the investment-banking pie
Today's big story on Wall Street looks at Toronto-Dominion Bank's $1.3 billion purchase of Cowen. The deal highlights the Canadian lender's ambitions to grow its presence in the US.
COWEN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Pri...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Cowen Inc. (Nasdaq...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Cowen Inc.
NEW YORK , Aug. 2, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Cowen Inc. (NASDAQ: COWN) and its board of directors concerning the proposed acquisition o...
SHAREHOLDER ALERT: Weiss Law Investigates Cowen Inc.
NEW YORK , Aug. 2, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cowen Inc. ("Cowen" or the "Company") (NAS...
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Cowen Inc. Buyout
Wilmington, Delaware--(Newsfile Corp. - August 2, 2022) - Rigrodsky Law, P.A. is investigating Cowen Inc. ("Cowen") (NASDAQ: COWN) regarding possible breaches of fiduciary duties and other violations of...
TD Bank to buy Cowen, Estée Lauder reportedly exploring Tom Ford deal
Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss TD Bank seeking to buy investment bank Cowen and reports that makeup giant Estée Lauder is exploring a Tom Ford deal.
Shareholder Alert: Ademi LLP investigates whether Cowen Inc. has obtained a Fair Price in its transaction with TD Sec...
MILWAUKEE , Aug. 2, 2022 /PRNewswire/ -- Ademi LLP is investigating Cowen (NASDAQ: COWN) for possible breaches of fiduciary duty and other violations of law in its transaction with TD Securities. Click...
COWN Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Cowen Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Cowen Inc. (NASDAQ: COWN) to TD Bank Group for $39.00 per share is fair to Cowen shareholde...
Canada's TD Bank to buy U.S. brokerage Cowen in $1.3 billion deal
Canadian lender Toronto Dominion Bank will buy U.S. brokerage Cowen in a $1.3 billion all-cash deal, the companies said on Tuesday.
TD to Expand its U.S. Investment Banking Business and Capabilities with Acquisition of Cowen Inc.
Acquisition will create an integrated North American dealer, significantly accelerating TD Securities' U.S. growth strategy TORONTO and NEW YORK , Aug. 2, 2022 /PRNewswire/ - TD Bank Group ("TD") (TSX: ...
TD Bank Reportedly Close to $1B Deal for Investment Bank Cowen
Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. The report notes that buying Cowen would give TD Bank a larger prese...
TD Bank Nears Deal to Buy Cowen
Toronto-Dominion Bank is close to a more than $1 billion deal to buy investment bank Cowen, according to people familiar with the matter.
Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock
NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on ...
Earnings Preview: Cowen Group (COWN) Q2 Earnings Expected to Decline
Cowen (COWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why Cowen Stock Plummeted Almost 10% Today
The news was likely due to a drop in investment banking revenue from some major players
Cowen (COWN) Soars 28.7%: Is Further Upside Left in the Stock?
Cowen (COWN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.