Cohen & Steers (NYSE:CNS) Getting Very Positive News Coverage, Accern Reports

Media coverage about Cohen & Steers (NYSE:CNS) has trended very positive on Sunday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cohen & Steers earned a media sentiment score of 0.57 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.

A number of research analysts recently commented on CNS shares. Zacks Investment Research upgraded Cohen & Steers from a “sell” rating to a “hold” rating in a report on Thursday, April 13th. BidaskClub cut Cohen & Steers from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $44.50.

Cohen & Steers (NYSE CNS) traded down 3.36% during mid-day trading on Friday, hitting $40.50. The stock had a trading volume of 137,458 shares. The company has a 50 day moving average price of $41.25 and a 200-day moving average price of $38.67. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 19.67 and a beta of 1.55. Cohen & Steers has a one year low of $33.16 and a one year high of $43.54.

Cohen & Steers (NYSE:CNS) last announced its quarterly earnings data on Wednesday, July 19th. The asset manager reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Cohen & Steers had a net margin of 26.34% and a return on equity of 33.77%. The company had revenue of $92.80 million during the quarter, compared to analysts’ expectations of $92.52 million. During the same quarter in the prior year, the company posted $0.46 EPS. The business’s revenue was up 7.4% on a year-over-year basis. Equities analysts expect that Cohen & Steers will post $2.01 earnings per share for the current fiscal year.

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Cohen & Steers Company Profile

Cohen & Steers, Inc (CNS) is a holding company. The Company is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Company serves institutional and individual investors.

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