Cohen & Steers (CNS) Projected to Post Quarterly Earnings on Wednesday

Cohen & Steers (NYSE:CNS) is expected to issue its quarterly earnings data before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.80 per share and revenue of $142,000.00 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Cohen & Steers Stock Performance

NYSE:CNS opened at $88.09 on Monday. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 32.87 and a beta of 1.55. Cohen & Steers has a 1 year low of $64.13 and a 1 year high of $110.67. The stock has a fifty day moving average price of $96.53 and a two-hundred day moving average price of $92.07.

Cohen & Steers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Monday, November 18th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Monday, November 18th. Cohen & Steers’s dividend payout ratio (DPR) is 88.06%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CNS shares. Evercore ISI increased their target price on shares of Cohen & Steers from $110.00 to $111.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. UBS Group raised Cohen & Steers from a “sell” rating to a “neutral” rating and raised their price objective for the company from $63.00 to $102.00 in a research note on Thursday, October 17th.

About Cohen & Steers

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.