Cohen & Company (COHN)
Provides fixed-income trading, SPAC and investment-banking advice, and insurance-credit and real-estate asset management.
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Provides fixed-income sales and trading, investment banking and SPAC advisory, and insurance-credit and commercial-real-estate asset management. Revenue is concentrated in Capital Markets, combining transaction fees, trading results and financing income; its U.S. broker-dealer and European entity operate under separate financial-market regulators.
Operates through Capital Markets, Asset Management and Principal Investing. Capital Markets combines institutional fixed-income sales and trading, securities financing, and Cohen & Company Capital Markets, the boutique investment bank handling M&A, capital-markets and SPAC advisory work. Asset Management oversees insurance-credit, SPAC and commercial-real-estate vehicles, while Principal Investing holds securities and other positions for return.
Works principally in the United States, with European operations managed through a French-regulated subsidiary. Its U.S. broker-dealer serves corporate and institutional investors, mortgage originators and smaller broker-dealers across credit, mortgage and structured products. Revenue and earnings depend heavily on transaction activity and market conditions; risk-based trading, engagement-related securities and principal investments retain market, liquidity and valuation exposure.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $213.2M · Total debt $45.1M · Total assets $800.4M · Shareholders' equity $63.3M
- Revenue
- $69.5M
- Operating income
- $12.4M
- Net income
- $3.6M
Raised for 4 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 19, 2026 | Aug 19 | Sep 2 | $0.25 | |
| May 18, 2026 | May 18 | Jun 2 | $0.25 | |
| Mar 20, 2026 | Mar 20 | Apr 3 | $0.95 | special dividend |
| Jan 7, 2026 | Jan 7 | Jan 22 | $2.00 | special dividend |
| Nov 19, 2025 | Nov 19 | Dec 3 | $0.25 | |
| Aug 15, 2025 | Aug 15 | Aug 29 | $0.25 | |
| May 16, 2025 | May 16 | Jun 2 | $0.25 | |
| Mar 26, 2025 | Mar 26 | Apr 9 | $0.25 |
| Institutions13 holders · as of Mar 31, 2026 | 3.51% | 113.4K shares | |
| Insiders1 holder · as of Aug 7, 2026 | 1.87% | 60.3K shares | |
| Otherremainder | 94.62% | 3.06M shares |
3.23M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Joseph W. Jr. PoolerInsiderofficer: EVP, CFO and Treasurer | 1.87% | 60,278 | Form 4filed Aug 7, 2026 ↗ |
BlackRock, Inc.Institution | 0.76% | 24,677 | 13Fas of Mar 31, 2026 |
Vanguard Capital Management LLCInstitution | 0.72% | 23,285 | 13Fas of Mar 31, 2026 |
Trustees of Columbia University in the City of New YorkInstitution | 0.62% | 20,000 | 13Fas of Mar 31, 2026 |
Geode Capital Management, LLCInstitution | 0.37% | 12,091 | 13Fas of Mar 31, 2026 |
| See all 16 → | |||
13F — a manager's quarterly holdings · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Joseph W. Jr. Pooler | officer: EVP, CFO and Treasurer | −1,500 | $11.50 |
| Aug 5, 2026 | Joseph W. Jr. Pooler | officer: EVP, CFO and Treasurer | −7,295 | $11.75 |
- Piper Sandler
Institutional fixed income and middle-market banking overlap.
- Oppenheimer
Middle-market banking and institutional fixed income overlap.
- Jefferies Financial Group
SPAC issuance, investment banking, and fixed-income execution overlap.
- Stifel Financial
Investment banking and institutional fixed-income brokerage overlap.
- Raymond James Financial
Investment-banking mandates and institutional fixed-income execution overlap.
- MarketAxess
Electronic fixed-income trading pressures brokered execution.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cohen & Company | $11.16 | −0.67% | $35.6M | 2.0 | 6.3 | 0.1 | +16.1% |
| Piper Sandler | $75.19 | −0.01% | $5.08B | 17.4 | 15.1 | 2.4 | +25.8% |
| Oppenheimer | $117.36 | −0.15% | $1.24B | 13.2 | — | 0.7 | +21.9% |
| Jefferies Financial Group | $52.90 | 0.00% | $10.76B | 14.8 | 13.1 | 0.9 | −11.5% |
| Stifel Financial | $80.61 | +0.74% | $12.13B | 9.4 | 11.5 | 1.8 | −1.4% |
| Raymond James Financial | $176.82 | +0.50% | $33.80B | 15.3 | 12.7 | 2.0 | +3.8% |
| MarketAxess | $162.83 | 0.00% | $5.73B | 19.2 | 19.8 | 6.6 | −2.8% |
| Median | 15.1 | 13.1 | 1.9 | +1.2% |