Cohen & Company (COHN) AI Stock Analysis

• Market Cap: $20.85M
• Dividend Yield: 9.77%
• Average Volume (3M): 3.95K
• Price to Earnings (P/E): 4.3
• Beta (1Y): 1.00
• Revenue Growth: 214.07%
• EPS Growth: -40.88%
• Country: US
• Employees: 117
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 2.58
• Shares Outstanding: 2,035,863
• 10 Day Avg. Volume: 3,233
• 30 Day Avg. Volume: 3,952
• PEG Ratio: 1.33
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.21
• P/FCF Ratio: 2.03
• Enterprise Value/Market Cap: 45.43
• Enterprise Value/Revenue: 6.82
• Enterprise Value/Gross Profit: 22.54
• Enterprise Value/Ebitda: 125.45
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $10.50 ▲(9.83% Upside)

Cohen & Company's strong revenue growth and undervaluation are significant positives. However, high leverage, inconsistent cash flow, and bearish technical indicators present risks. Positive earnings call sentiment partially offsets these concerns.

Cohen & Company Business Overview & Revenue Model

Company Description

Cohen & Company (COHN) is a diversified financial services firm that provides a range of investment and advisory services primarily in the sectors of asset management, private equity, and investment banking. The company specializes in offering tailored financial solutions to both institutional and individual clients, including wealth management, capital markets advisory, and strategic consulting. With a focus on delivering innovative financial strategies and insights, Cohen & Company aims to enhance the value and performance of its clients' investment portfolios.

How the Company Makes Money

Cohen & Company generates revenue through multiple streams, primarily by charging fees for its advisory services and asset management solutions. The firm earns management fees from the assets it manages for clients, typically calculated as a percentage of the total assets under management (AUM). Additionally, the company receives performance fees based on the investment returns it achieves for its clients, incentivizing high performance. Its investment banking division contributes to revenue through advisory fees from mergers and acquisitions, initial public offerings (IPOs), and other capital raising activities. Significant partnerships with institutional investors and strategic alliances with other financial entities also bolster its revenue, enabling the firm to access broader markets and diverse client bases.

Cohen & Company Financial Statement Overview

Summary

Cohen & Company shows strong revenue growth and improved profitability, but faces high leverage and inconsistent cash flow. The high debt-to-equity ratio and historical volatility in margins suggest financial risks.

Income Statement

Cohen & Company has shown a strong revenue growth rate of 98.06% in the TTM, indicating a significant recovery from previous periods. The gross profit margin improved to 30.25%, and the net profit margin turned positive at 1.39%, reflecting enhanced profitability. However, historical volatility in EBIT and EBITDA margins suggests potential instability in operational efficiency.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio of 19.95 in the TTM, indicating significant leverage and potential financial risk. Return on equity is modest at 4.53%, showing limited returns relative to equity. The equity ratio is low, suggesting a heavy reliance on debt financing, which could pose risks in volatile markets.

Cash Flow

Operating cash flow has improved significantly in the TTM, with a positive operating cash flow to net income ratio of 0.19. However, free cash flow growth is negative at -34.59%, indicating challenges in generating free cash flow. The free cash flow to net income ratio is strong at 0.99, suggesting efficient conversion of income to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	138.85M	79.60M	82.98M	44.39M	146.37M	130.11M
Gross Profit	42.01M	23.21M	30.89M	-5.90M	61.32M	70.21M
EBITDA	7.55M	2.60M	23.03M	-48.34M	78.10M	39.81M
Net Income	1.93M	-129.00K	-5.11M	-13.39M	11.81M	14.21M
Balance Sheet
Total Assets	1.13B	971.15M	772.76M	887.05M	3.66B	6.15B
Cash, Cash Equivalents and Short-Term Investments	159.37M	163.09M	181.40M	236.26M	273.16M	284.96M
Total Debt	128.62M	118.13M	149.02M	624.01M	3.39B	5.77B
Total Liabilities	1.04B	880.87M	680.96M	793.03M	3.50B	6.05B
Stockholders Equity	43.36M	41.73M	41.68M	46.74M	61.94M	43.91M
Cash Flow
Free Cash Flow	187.17M	8.23M	-40.03M	-24.06M	17.29M	41.22M
Operating Cash Flow	188.51M	9.47M	-39.66M	-23.49M	18.32M	41.44M
Investing Cash Flow	-157.06M	16.51M	38.12M	13.80M	-22.53M	-11.95M
Financing Cash Flow	-15.48M	-16.72M	-17.11M	-11.50M	13.16M	3.79M

Cohen & Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COHN, the sentiment is Negative. The current price of 9.56 is below the 20-day moving average (MA) of 10.26, below the 50-day MA of 10.92, and above the 200-day MA of 9.52, indicating a neutral trend. The MACD of -0.39 indicates Positive momentum. The RSI at 37.55 is Neutral, neither overbought nor oversold. The STOCH value of 29.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for COHN.

Cohen & Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WHG	69 Neutral	$157.21M	20.42	5.99%	3.69%	4.03%	151.19%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
COHN	59 Neutral	$20.85M	4.31	9.56%	9.77%	214.07%	-40.88%
SIEB	59 Neutral	$106.73M	11.12	11.37%	―	9.24%	-2.06%
HGBL	58 Neutral	$50.38M	14.66	4.65%	―	0.02%	-68.55%

Cohen & Company Corporate Events

Cohen & Company Reports Strong Q3 2025 Results

Cohen & Company is a financial services firm specializing in capital markets and asset management services, operating primarily through its subsidiaries in the United States and Europe. The company recently reported its financial results for the third quarter of 2025, highlighting a significant increase in revenue and net income compared to previous periods.

Cohen & Company Earnings Call Highlights Growth and Challenges

Cohen & Company’s recent earnings call was marked by a generally positive sentiment, underscored by strong revenue growth and leadership in SPAC transactions. The company reported significant increases in net trading revenue, although challenges persist with negative principal transactions revenue and losses from specific transactions.

Cohen & Company Completes CDO Asset Divestment

On March 13, 2025, Cohen & Company Financial Management entered into a Master Transaction Agreement with HCMC III, LLC to sell its rights and obligations in various Collateral Management and Administration Agreements. The transaction involved multiple closings, with the final ones completed on July 9 and September 5, 2025, for a total purchase price of approximately $2.86 million. This sale marks the completion of Cohen & Company’s divestment of its CDO-related assets, potentially impacting its operational focus and market positioning.

The most recent analyst rating on (COHN) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Cohen & Company stock, see the COHN Stock Forecast page.