Cowen Inc. (COWN)

NASDAQ: COWN · IEX Real-Time Price · USD
38.69
-0.03 (-0.08%)
At close: Aug 17, 2022 4:00 PM
38.62
-0.07 (-0.18%)
After-hours: Aug 17, 2022 4:11 PM EDT
-0.08%
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...]

Industry Capital Markets
Founded 1918
CEO Jeffrey Solomon
Employees 1,534
Stock Exchange NASDAQ
Ticker Symbol COWN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$46.92
(21.27% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: AAWWEVOPPING

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.

Other symbols: AUDOGN

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...

Other symbols: EVOPRMOSWIR

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.

Other symbols: TD

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.

Other symbols: TD

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...

Other symbols: TD

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...

Other symbols: TD

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...

Other symbols: TD

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.

Other symbols: ELTD

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.

Other symbols: TD

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: ...

Other symbols: TD

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...

Other symbols: TD

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.

Other symbols: TD

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.