Cohen & Steers (NYSE:CNS) is scheduled to post its quarterly earnings results after the market closes on Wednesday, January 24th. Analysts expect Cohen & Steers to post earnings of $0.55 per share for the quarter.
Shares of Cohen & Steers (NYSE:CNS) opened at $44.58 on Monday. Cohen & Steers has a 52 week low of $34.15 and a 52 week high of $47.83. The stock has a market capitalization of $2,064.61, a P/E ratio of 21.43, a P/E/G ratio of 1.22 and a beta of 1.65.
A number of equities research analysts recently issued reports on the company. Gabelli lowered Cohen & Steers from a “buy” rating to a “hold” rating and set a $54.00 target price on the stock. in a research note on Thursday, January 11th. Zacks Investment Research downgraded Cohen & Steers from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Bank of America boosted their price target on Cohen & Steers from $35.00 to $38.00 and gave the company an “underperform” rating in a report on Friday, October 20th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $49.00 price target on shares of Cohen & Steers in a report on Friday, December 22nd. Finally, Credit Suisse Group boosted their price target on Cohen & Steers from $41.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Cohen & Steers presently has an average rating of “Hold” and an average target price of $47.50.
In other Cohen & Steers news, Director Peter L. Rhein sold 4,729 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $44.60, for a total value of $210,913.40. Following the completion of the transaction, the director now directly owns 26,271 shares in the company, valued at approximately $1,171,686.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 52.90% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Cohen & Steers (CNS) to Release Quarterly Earnings on Wednesday” was reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.thestockobserver.com/2018/01/22/cohen-steers-cns-to-release-quarterly-earnings-on-wednesday.html.
About Cohen & Steers
Cohen & Steers, Inc (CNS) is a holding company. The Company is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Company serves institutional and individual investors.
Receive News & Ratings for Cohen & Steers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers and related companies with MarketBeat.com's FREE daily email newsletter.