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Cohen & Steers, Inc.

Cohen & Steers, Inc.

NYSE•CNS
CEO: Mr. Robert Hamilton Steers
Sector: Financial Services
Industry: Asset Management
Listing Date: 2004-08-16
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. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. The firm is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Cohen & Steers, Inc. was founded in 1986 and is based in New York.
Contact Information
1166 Avenue of the Americas, 30th Floor, New York, NY, 10036, United States
800-330-7348
www.cohenandsteers.com
Market Cap
$3.17B
P/E (TTM)
19.5
0
Dividend Yield
4.0%
52W High
$102.57
52W Low
$58.80
52W Range
8%
Rank27Top 10.6%
5.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$141.72M+2.23%
4-Quarter Trend

EPS

$0.81+3.85%
4-Quarter Trend

FCF

$0.00-100.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Nine months revenue reached $412.313M, showing 9.2% growth; operating income increased to $137.426M.
Strong Quarterly Profitability Q3 net income attributable to stockholders was $41.711M, up $2.043M from prior year period results.
Operating Margin Expansion Operating margin improved to 34.5% for Q3 2025, up from 33.7% in Q3 2024, driven by fee growth.
Liquidity Position Maintained Net liquid assets totaled $339.685M as of September 30, 2025, supporting ongoing business needs and commitments.

Risk Factors

Seed Investment Market Risk Illiquid seed investments carry market risk; a 10% adverse move impacts net carrying value by $12.072M.
Unfunded Investment Commitments $58.9M remains unfunded from total investment commitments of $175.0M; funding timing remains uncertain for remainder.
Macroeconomic Volatility Impact Volatile global economic conditions shape asset flows, potentially impacting revenue derived from average assets under management.
Derivative Liability Exposure Corporate derivatives show $2.666M in net liabilities, primarily from total return swaps, subject to market fluctuations.

Outlook

New Credit Facility Secured Entered $100.0M senior unsecured revolving credit facility maturing August 2029, enhancing financial flexibility for growth.
Closed-End Fund Capital Raised Completed rights offering raising approximately $353.2M in proceeds for infrastructure fund, incurring $10.6M in costs.
Quarterly Dividend Declared Declared quarterly dividend of $0.62 per share on October 30, 2025, payable November 20, 2025.
Internal Controls Effective Management confirmed disclosure controls and procedures were effective as of September 30, 2025 period end.

Peer Comparison

Revenue (TTM)

Federated Hermes, Inc.FHI
$1.74B
+8.9%
Cathay General BancorpCATY
$1.37B
-2.2%
First Interstate BancSystem, Inc.FIBK
$1.31B
-11.5%

Gross Margin (Latest Quarter)

Golub Capital BDC, Inc.GBDC
176.7%
+117.2pp
First Interstate BancSystem, Inc.FIBK
100.0%
+38.0pp
Hercules Capital, Inc.HTGC
85.8%
-4.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
FSK$4.33B15.94.3%52.9%
FHI$3.94B10.134.1%21.1%
GBDC$3.80B10.19.4%54.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.7%
Flat Growth
4Q Net Income CAGR
-3.1%
Stable Profitability
Cash Flow Stability
25%
Cash Flow Needs Attention

Research & Insights

Next earnings:Jan 28, 2026
|
EPS:$0.81
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|
    Revenue: $141.72M+2.2%
    |
    EPS: $0.81+3.8%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $142.44M+17.2%
    |
    EPS: $0.72+14.3%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 2, 2025|
    Revenue: $134.47M+19.5%
    |
    EPS: $0.78+13.0%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 21, 2025|
    Revenue: $517.42M+5.7%
    |
    EPS: $3.00+14.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 8, 2024|
    Revenue: $138.62M+12.0%
    |
    EPS: $0.78+20.0%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $121.57M+0.5%
    |
    EPS: $0.63-1.6%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $112.49M-10.8%
    |
    EPS: $0.69-4.2%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $489.64M-13.6%
    |
    EPS: $2.62-25.4%
    Beat