Cohen & Steers (NYSE:CNS) is set to release its earnings data after the market closes on Wednesday, July 17th. Analysts expect Cohen & Steers to post earnings of $0.62 per share for the quarter.
Cohen & Steers (NYSE:CNS) last announced its earnings results on Wednesday, April 17th. The asset manager reported $0.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.01. Cohen & Steers had a return on equity of 41.39% and a net margin of 31.20%. The business had revenue of $94.20 million for the quarter, compared to analysts’ expectations of $92.99 million. During the same period in the prior year, the business posted $0.62 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. On average, analysts expect Cohen & Steers to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of CNS stock opened at $51.95 on Friday. The firm has a 50 day moving average of $51.10. Cohen & Steers has a one year low of $32.95 and a one year high of $53.52. The company has a market capitalization of $2.51 billion, a PE ratio of 21.65, a PEG ratio of 3.13 and a beta of 0.95. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.62 and a quick ratio of 6.62.
CNS has been the topic of several analyst reports. Bank of America set a $180.00 target price on CME Group and gave the company a “hold” rating in a report on Tuesday, April 9th. Gabelli cut KEYW from a “buy” rating to a “hold” rating in a report on Monday, April 22nd. Zacks Investment Research upgraded Jack Henry & Associates from a “sell” rating to a “hold” rating in a report on Wednesday, March 27th. Finally, ValuEngine upgraded Alleghany from a “hold” rating to a “buy” rating in a report on Friday, April 19th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $41.50.
In other news, EVP Michele Nolty sold 4,220 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $48.61, for a total transaction of $205,134.20. Following the transaction, the executive vice president now directly owns 17,693 shares of the company’s stock, valued at $860,056.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matthew S. Stadler sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $51.29, for a total value of $2,564,500.00. Following the transaction, the chief financial officer now directly owns 168,227 shares in the company, valued at $8,628,362.83. The disclosure for this sale can be found here. Insiders have sold a total of 73,028 shares of company stock worth $3,671,585 over the last 90 days. Company insiders own 50.63% of the company’s stock.
Cohen & Steers Company Profile
Cohen & Steers, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.
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