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CohenNYSE American: COHN

Profile

Country:

United States

IPO:

17 March 2004

Next earnings report:

06 March 2025

Last dividends:

20 November 2024

Next dividends:

N/A
$19.89 M
-34%vs. 3y high
5%vs. sector
-37%vs. 3y high
2%vs. sector
-21%vs. 3y high
10%vs. sector
-68%vs. 3y high
4%vs. sector

Price

regular market | Fri, 22 Nov 2024 20:58:00 GMT
$10.20+$0.40(+4.08%)
$31.70 M$2.15 M

Analysts recommendations

Institutional Ownership

COHN Latest News

Cohen & Company Inc. (COHN) Q3 2024 Earnings Call Transcript
seekingalpha.com04 November 2024 Sentiment: NEUTRAL

Cohen & Company Inc. (NYSE:COHN ) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Lester Brafman - CEO Joe Pooler - CFO Operator Good morning, ladies and gentlemen. And welcome to Cohen & Company's Third Quarter 2024 Earnings Call.

Cohen & Company Reports Third Quarter 2024 Financial Results
globenewswire.com04 November 2024 Sentiment: POSITIVE

PHILADELPHIA and NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its third quarter ended September 30, 2024. Summary Operating Results     Three Months Ended   Nine Months Ended ($ in thousands) 9/30/24   6/30/24   9/30/23   9/30/24   9/30/23                     Net trading $ 8,816     $ 8,798     $ 7,491     $ 27,462     $ 23,117   Asset management   2,147       2,078       1,788       6,942       5,418   New issue and advisory   22,459       6,500       7,247       53,347       9,542   Principal transactions and other revenue   (1,727 )     (6,578 )     595       (26,694 )     10,440   Total revenues   31,695       10,798       17,121       61,057       48,517                                           Compensation and benefits   17,915       10,699       15,219       43,453       35,757   Non-compensation operating expenses   6,558       6,466       6,006       20,124       17,348   Operating income (loss)   7,222       (6,367 )     (4,104 )     (2,520 )     (4,588 )                                         Interest expense, net   (1,256 )     (1,425 )     (1,685 )     (4,347 )     (4,907 ) Income (loss) from equity method affiliates   (683 )     (5,996 )     (702 )     22,366       (1,608 ) Income (loss) before income tax expense (benefit)   5,283       (13,788 )     (6,491 )     15,499       (11,103 )                                         Income tax expense (benefit)   142       (205 )     (755 )     435       5,379   Net income (loss)   5,141       (13,583 )     (5,736 )     15,064       (16,482 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest   (2,455 )     (5,206 )     1,936       8,609       8,536   Enterprise net income (loss)   7,596       (8,377 )     (7,672 )     6,455       (25,018 ) Less: Net income (loss) attributable to the convertible non-controlling interest   5,446       (6,028 )     (7,249 )     4,631       (15,357 ) Net income (loss) attributable to Cohen & Company Inc. $ 2,150     $ (2,349 )   $ (423 )   $ 1,824     $ (9,661 ) Fully diluted net income (loss) per share $ 1.31     $ (1.47 )   $ (0.28 )   $ 1.12     $ (6.40 )                     (1)   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

Cohen & Company Reports Second Quarter 2024 Financial Results
globenewswire.com05 August 2024 Sentiment: NEGATIVE

PHILADELPHIA and NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its second quarter ended June 30, 2024. Summary Operating Results       Three Months Ended   Six Months Ended ($ in thousands) 6/30/24   3/31/24   6/30/23   6/30/24   6/30/23                     Net trading $ 8,798     $ 9,848     $ 7,416     $ 18,646     $ 15,626   Asset management   2,078       2,717       1,605       4,795       3,630   New issue and advisory   6,500       24,388       1,395       30,888       2,295   Principal transactions and other revenue   (6,578 )     (18,389 )     12,156       (24,967 )     9,845   Total revenues   10,798       18,564       22,572       29,362       31,396                                           Compensation and benefits   10,699       14,839       10,001       25,538       20,538   Non-compensation operating expenses   6,466       7,100       5,572       13,566       11,342   Operating income (loss)   (6,367 )     (3,375 )     6,999       (9,742 )     (484 )                                         Interest expense, net   (1,425 )     (1,666 )     (1,630 )     (3,091 )     (3,222 ) Income (loss) from equity method affiliates   (5,996 )     29,045       (511 )     23,049       (906 ) Income (loss) before income tax expense (benefit)   (13,788 )     24,004       4,858       10,216       (4,612 )                                         Income tax expense (benefit)   (205 )     498       5,550       293       6,134   Net income (loss)   (13,583 )     23,506       (692 )     9,923       (10,746 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest   (5,206 )     16,270       6,503       11,064       6,600   Enterprise net income (loss)   (8,377 )     7,236       (7,195 )     (1,141 )     (17,346 ) Less: Net income (loss) attributable to the convertible non-controlling interest   (6,028 )     5,213       (594 )     (815 )     (8,108 ) Net income (loss) attributable to Cohen & Company Inc. $ (2,349 )   $ 2,023     $ (6,601 )   $ (326 )   $ (9,238 ) Fully diluted net income (loss) per share $ (1.47 )   $ 1.28     $ (4.34 )   $ (0.20 )   $ (6.14 )                     Adjusted pre-tax income (loss) (1) $ (8,582 )   $ 7,734     $ (1,645 )   $ (848 )   $ (11,212 ) Fully diluted adjusted pre-tax income (loss) per share $ (1.51 )   $ 1.37     $ (0.30 )   $ (0.15 )   $ (2.03 )                                         (1)   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).

3 Doomed Dividend Stocks Destined for Disaster
InvestorPlace16 July 2023 Sentiment: NEGATIVE

While passive income typically represents a solid goal for most investors, the below doomed dividend stocks to avoid confirm that there's no such thing as a risk-free sector. It's like buying a used car.

Cohen & Company Inc. (COHN) Q1 2023 Earnings Call Transcript
Seeking Alpha06 May 2023 Sentiment: POSITIVE

Cohen & Company Inc. (NYSE:COHN ) Q1 2023 Results Conference Call May 4, 2023 1:00 PM ET Company Participants Lester Brafman - CEO Joe Pooler - CFO Operator Good morning, ladies and gentlemen. Welcome to the Cohen & Company's First Quarter 2023 Earnings Call.

What type of business is Cohen?

Cohen & Company Inc. is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc. also manages funds and collateralized debt obligations for its clients. It invests in the fixed income and alternative investment markets across the globe. The firm's fixed income investments include U.S. trust preferred securities, European hybrid capital securities, Asian commercial real estate debt, mortgage backed securities, and asset backed securities. The firm was formerly known as Institutional Financial Markets, Inc. Cohen & Company Inc. was founded in 1999 and is based in Philadelphia, Pennsylvania with additional offices in New York City; Boca Raton, Florida; Chicago, Illinois; Bethesda, Maryland; Boston, Massachusetts; Paris, France; and London, United Kingdom.

What sector is Cohen in?

Cohen is in the Financial Services sector

What industry is Cohen in?

Cohen is in the Capital Markets industry

What country is Cohen from?

Cohen is headquartered in United States

When did Cohen go public?

Cohen initial public offering (IPO) was on 17 March 2004

What is Cohen website?

https://www.cohenandcompany.com

Is Cohen in the S&P 500?

No, Cohen is not included in the S&P 500 index

Is Cohen in the NASDAQ 100?

No, Cohen is not included in the NASDAQ 100 index

Is Cohen in the Dow Jones?

No, Cohen is not included in the Dow Jones index

When was Cohen the previous earnings report?

No data

When does Cohen earnings report?

The next expected earnings date for Cohen is 06 March 2025