Cohen & Company Inc. (NYSEAMERICAN:COHN) Announces Earnings Results

Cohen & Company Inc. (NYSEAMERICAN:COHNGet Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $2.28 earnings per share for the quarter, reports. Cohen & Company Inc. had a negative net margin of 6.16% and a negative return on equity of 0.04%. The business had revenue of $34.46 million during the quarter.

Cohen & Company Inc. Price Performance

COHN opened at $7.80 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.90 and a quick ratio of 0.96. Cohen & Company Inc. has a 12-month low of $3.29 and a 12-month high of $11.99.

Cohen & Company Inc. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 5th. Investors of record on Friday, March 22nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 12.83%. The ex-dividend date of this dividend is Thursday, March 21st. Cohen & Company Inc.’s payout ratio is -29.24%.

Hedge Funds Weigh In On Cohen & Company Inc.

A hedge fund recently raised its stake in Cohen & Company Inc. stock. Royal Bank of Canada increased its holdings in Cohen & Company Inc. (NYSEAMERICAN:COHNFree Report) by 39.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,542 shares of the financial services provider’s stock after purchasing an additional 3,242 shares during the period. Royal Bank of Canada owned approximately 0.67% of Cohen & Company Inc. worth $99,000 at the end of the most recent quarter. Institutional investors and hedge funds own 2.08% of the company’s stock.

About Cohen & Company Inc.

(Get Free Report)

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.

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Earnings History for Cohen & Company Inc. (NYSEAMERICAN:COHN)

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