Cohen & Company (COHN) AI Stock Analysis

• Market Cap: $20.85M
• Dividend Yield: 6.03%
• 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: 4.95
• Enterprise Value/Gross Profit: 16.12
• Enterprise Value/Ebitda: 78.64
• 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: 68 Neutral
• Price Target: $18.00 ▲(8.63% Upside)

Cohen & Company's stock score is driven by strong technical indicators and attractive valuation, indicating potential for price appreciation and income generation. However, financial performance concerns, particularly high leverage and liquidity issues, weigh on the score. Positive earnings call sentiment and growth projections provide additional support, but risks from negative transaction revenues and specific losses remain.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective business operations and market demand, supporting long-term financial health and expansion potential.

Leadership in SPAC Transactions

Leadership in SPAC transactions positions the company as a key player in a growing market segment, enhancing its competitive edge and revenue streams.

Projected Revenue Growth

Projected revenue growth reflects confidence in business strategy and market conditions, suggesting sustained financial performance and operational success.

Negative Factors

High Leverage

High leverage increases financial risk, potentially impacting the company's ability to invest in growth opportunities and manage economic downturns.

Liquidity Concerns

Liquidity concerns due to declining free cash flow growth could hinder the company's ability to meet short-term obligations and fund operations.

Negative Principal Transactions Revenue

Negative principal transactions revenue suggests challenges in investment strategies, potentially affecting profitability and financial stability.

Cohen & Company Business Overview & Revenue Model

Company Description

Cohen & Company (COHN) is a diversified financial services firm that operates primarily in the sectors of investment banking, asset management, and financial advisory. The company specializes in providing a range of services including capital raising, mergers and acquisitions advisory, and wealth management solutions to both institutional and individual clients. With a focus on delivering tailored financial strategies, Cohen & Company leverages its extensive market expertise to create value for its clients across various industries.

How the Company Makes Money

Cohen & Company generates revenue through multiple key streams, primarily from advisory fees, asset management fees, and commissions from trading activities. The firm charges advisory fees for its investment banking services, which include capital raising and M&A advisory. In asset management, COHN earns management fees based on assets under management (AUM) and performance fees tied to investment performance. Additionally, the company may receive commissions from brokerage activities and trading services. Strategic partnerships with institutional investors and collaborative ventures in investment projects also contribute significantly to its earnings.

Cohen & Company Financial Statement Overview

Summary

Cohen & Company exhibits strong revenue growth and operational efficiency, but faces challenges in profitability and high leverage. The balance sheet indicates significant financial risk due to high debt levels, while cash flow analysis reveals liquidity concerns despite efficient cash conversion.

Income Statement

Cohen & Company shows a strong revenue growth rate of 39.19% in the TTM, indicating a positive trajectory. However, the net profit margin is low at 1.39%, suggesting limited profitability. The gross profit margin is moderate at 30.25%, and the EBIT margin is healthy at 13.29%, reflecting operational efficiency. The company has improved from previous years, but profitability remains a concern.

Balance Sheet

The company's balance sheet reveals high leverage with a debt-to-equity ratio of 19.95, indicating significant reliance on debt financing. The return on equity is modest at 10.01%, showing some profitability for shareholders. The equity ratio is low, suggesting potential risks in financial stability. Overall, the balance sheet reflects high risk due to leverage, despite some profitability improvements.

Cash Flow

Cohen & Company's cash flow analysis shows a significant decline in free cash flow growth at -82.61% in the TTM, indicating potential liquidity issues. The operating cash flow to net income ratio is low at 0.19, suggesting challenges in converting income into cash. However, the free cash flow to net income ratio is strong at 0.99, indicating efficient cash generation relative to net income. The cash flow situation is mixed, with liquidity concerns but efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	191.37M	79.60M	82.98M	44.39M	146.37M	130.11M
Gross Profit	58.76M	23.21M	30.89M	-5.90M	61.32M	70.21M
EBITDA	12.04M	2.60M	23.03M	-48.34M	78.10M	39.81M
Net Income	4.38M	-129.00K	-5.11M	-13.39M	11.81M	14.21M
Balance Sheet
Total Assets	773.85M	971.15M	772.76M	887.05M	3.66B	6.15B
Cash, Cash Equivalents and Short-Term Investments	161.39M	163.09M	181.40M	236.26M	273.16M	284.96M
Total Debt	83.93M	118.13M	149.02M	624.01M	3.39B	5.77B
Total Liabilities	672.80M	880.87M	680.96M	793.03M	3.50B	6.05B
Stockholders Equity	47.84M	41.73M	41.68M	46.74M	61.94M	43.91M
Cash Flow
Free Cash Flow	32.56M	8.23M	-40.03M	-24.06M	17.29M	41.22M
Operating Cash Flow	33.84M	9.47M	-39.66M	-23.49M	18.32M	41.44M
Investing Cash Flow	18.55M	16.51M	38.12M	13.80M	-22.53M	-11.95M
Financing Cash Flow	-12.19M	-16.72M	-17.11M	-11.50M	13.16M	3.79M

Cohen & Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COHN, the sentiment is Positive. The current price of 16.57 is above the 20-day moving average (MA) of 13.01, above the 50-day MA of 11.55, and above the 200-day MA of 9.77, indicating a bullish trend. The MACD of 1.29 indicates Negative momentum. The RSI at 74.62 is Negative, neither overbought nor oversold. The STOCH value of 72.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COHN.

Cohen & Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SIEB	69 Neutral	$121.69M	16.54	8.43%	―	8.47%	-32.22%
WHG	69 Neutral	$159.37M	20.70	5.99%	3.54%	4.03%	151.19%
COHN	68 Neutral	$20.85M	4.31	9.56%	6.03%	214.07%	-40.88%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
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.