Cowen Group Stock Earnings Report
Current P/E ratio: 9.86 | Price (May 26, 2023, EOD): $38.99 (Find current average P/E ratios for all sectors below)
COWN Upcoming Earnings
Currently no data available.COWN Analysts Price Targets
Currently no data available.About Cowen Group
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 financial instruments on behalf of institutional investor clients. In addition, the company offers investment products and solutions in the liquidity spectrum to institutional and private clients, as well as provides investment research services. Further, it is involved in the private investment, private real estate investment, and other legacy investment activities. The company was founded in 1918 and is headquartered in New York, New York.
Last 3 Quarters for COWN Premium
Below you can see how COWN performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
Name | Number of firms | Average PE |
---|---|---|
Advertising | 47 | 20 |
Aerospace/Defense | 77 | 35 |
Air Transport | 18 | 15 |
Apparel | 51 | 26 |
Auto & Truck | 13 | 15 |
Auto Parts | 46 | 16 |
Bank (Money Center) | 7 | 11 |
Banks (Regional) | 611 | 17 |
Beverage (Alcoholic) | 21 | 38 |
Beverage (Soft) | 34 | 35 |
Broadcasting | 27 | 14 |
Brokerage & Investment Banking | 39 | 14 |
Building Materials | 42 | 23 |
Business & Consumer Services | 165 | 32 |
Cable TV | 14 | 156 |
Chemical (Basic) | 43 | 14 |
Chemical (Diversified) | 6 | 10 |
Chemical (Specialty) | 94 | 25 |
Coal & Related Energy | 22 | 7 |
Computer Services | 106 | 27 |
Computers/Peripherals | 48 | 24 |
Construction Supplies | 44 | 22 |
Diversified | 23 | 45 |
Drugs (Biotechnology) | 503 | 77 |
Drugs (Pharmaceutical) | 267 | 22 |
Education | 35 | 21 |
Electrical Equipment | 113 | 28 |
Electronics (Consumer & Office) | 20 | 18 |
Electronics (General) | 153 | 49 |
Engineering/Construction | 54 | 24 |
Entertainment | 107 | 150 |
Environmental & Waste Services | 82 | 70 |
Farming/Agriculture | 31 | 63 |
Financial Svcs. (Non-bank & Insurance) | 232 | 36 |
Food Processing | 88 | 55 |
Food Wholesalers | 17 | 43 |
Furn/Home Furnishings | 35 | 17 |
Green & Renewable Energy | 22 | 88 |
Healthcare Products | 242 | 160 |
Healthcare Support Services | 128 | 131 |
Heathcare Information and Technology | 129 | 132 |
Homebuilding | 32 | 64 |
Hospitals/Healthcare Facilities | 36 | 145 |
Hotel/Gaming | 65 | 171 |
Household Products | 127 | 26 |
Information Services | 69 | 283 |
Insurance (General) | 19 | 693 |
Insurance (Life) | 24 | 15 |
Insurance (Prop/Cas.) | 51 | 71 |
Investments & Asset Management | 192 | 120 |
Machinery | 120 | 27 |
Metals & Mining | 92 | 37 |
Office Equipment & Services | 22 | 16 |
Oil/Gas (Integrated) | 4 | 13 |
Oil/Gas (Production and Exploration) | 269 | 19 |
Oil/Gas Distribution | 24 | 606 |
Oilfield Svcs/Equip. | 136 | 28 |
Packaging & Container | 24 | 43 |
Paper/Forest Products | 15 | 20 |
Power | 52 | 28 |
Precious Metals | 83 | 98 |
Publishing & Newspapers | 31 | 28 |
R.E.I.T. | 234 | 91 |
Real Estate (Development) | 20 | 146 |
Real Estate (General/Diversified) | 12 | 31 |
Real Estate (Operations & Services) | 57 | 23 |
Recreation | 63 | 50 |
Reinsurance | 2 | 153 |
Restaurant/Dining | 77 | 66 |
Retail (Automotive) | 26 | 20 |
Retail (Building Supply) | 17 | 202 |
Retail (Distributors) | 80 | 28 |
Retail (General) | 18 | 22 |
Retail (Grocery and Food) | 13 | 38 |
Retail (Online) | 70 | 319 |
Retail (Special Lines) | 89 | 25 |
Rubber& Tires | 4 | 15 |
Semiconductor | 72 | 109 |
Semiconductor Equip | 39 | 26 |
Shipbuilding & Marine | 10 | 30 |
Shoe | 11 | 27 |
Software (Entertainment) | 86 | 60 |
Software (Internet) | 30 | 90 |
Software (System & Application) | 363 | 144 |
Steel | 32 | 11 |
Telecom (Wireless) | 18 | 27 |
Telecom. Equipment | 91 | 66 |
Telecom. Services | 67 | 115 |
Tobacco | 17 | 33 |
Transportation | 18 | 24 |
Transportation (Railroads) | 8 | 20 |
Trucking | 33 | 18 |
Utility (General) | 16 | 26 |
Utility (Water) | 17 | 46 |
Total Market | 7053 | 61 |
Total Market (without financials) | 5878 | 62 |
Updated: Jan 2020
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