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Cohen & Steers

DB:FG9
Snowflake Description

Outstanding track record with flawless balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FG9
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Cohen & Steers, Inc. is a publicly owned asset management holding company. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
  • Cohen & Steers is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Cohen & Steers has significant price volatility in the past 3 months.
FG9 Share Price and Events
7 Day Returns
6.6%
DB:FG9
12.3%
DE Capital Markets
7.2%
DE Market
1 Year Returns
3.4%
DB:FG9
-8.8%
DE Capital Markets
-17.5%
DE Market
FG9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cohen & Steers (FG9) 6.6% -40.3% -30.7% 3.4% 5.1% 3.5%
DE Capital Markets 12.3% -26.5% -16.8% -8.8% -29% -56.3%
DE Market 7.2% -22.3% -26.1% -17.5% -25.7% -29.1%
1 Year Return vs Industry and Market
  • FG9 outperformed the Capital Markets industry which returned -8.8% over the past year.
  • FG9 outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
FG9
Industry
5yr Volatility vs Market

FG9 Value

 Is Cohen & Steers undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cohen & Steers to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cohen & Steers.

DB:FG9 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $5.91 * 30.4%
$1.80
Book Value of Equity per Share Median Book Value from the past 5 years. $5.91
Discount Rate (Cost of Equity) See below 4.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FG9
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.754 (1 + (1- 21%) (2.18%))
0.844
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.844 * 5.44%)
4.2%

Discounted Cash Flow Calculation for DB:FG9 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Cohen & Steers is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:FG9 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (30.4% – 4.2%) * $5.91)
$1.55
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $1.55 / (4.2% - -0.39%)
$33.73
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $5.91 + $33.73
$39.64
DB:FG9 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FG9 represents 0.93291x of NYSE:CNS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93291x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 39.64 x 0.93291
€36.98
Value per share (EUR) From above. €36.98
Current discount Discount to share price of €38.80
= -1 x (€38.80 - €36.98) / €36.98
-4.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Cohen & Steers is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cohen & Steers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cohen & Steers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FG9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.85
NYSE:CNS Share Price ** NYSE (2020-03-27) in USD $41.59
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 21.49x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cohen & Steers.

DB:FG9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CNS Share Price ÷ EPS (both in USD)

= 41.59 ÷ 2.85

14.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cohen & Steers is good value based on earnings compared to the DE Capital Markets industry average.
  • Cohen & Steers is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Cohen & Steers's expected growth come at a high price?
Raw Data
DB:FG9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
4.6%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.49x
Germany Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

DB:FG9 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.6x ÷ 4.6%

3.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cohen & Steers is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Cohen & Steers's assets?
Raw Data
DB:FG9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $4.52
NYSE:CNS Share Price * NYSE (2020-03-27) in USD $41.59
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.61x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.42x
DB:FG9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CNS Share Price ÷ Book Value per Share (both in USD)

= 41.59 ÷ 4.52

9.2x

* Primary Listing of Cohen & Steers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cohen & Steers is overvalued based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Cohen & Steers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Cohen & Steers has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FG9 Future Performance

 How is Cohen & Steers expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cohen & Steers expected to grow at an attractive rate?
  • Cohen & Steers's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Cohen & Steers's earnings growth is positive but not above the Germany market average.
  • Cohen & Steers's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FG9 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FG9 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 4.6%
DB:FG9 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 6.4%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 41.2%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:FG9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FG9 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 467 202 148 4
2020-12-31 442 242 137 4
2020-03-28
DB:FG9 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 411 141 135
2019-09-30 395 107 123
2019-06-30 388 112 120
2019-03-31 381 72 119
2018-12-31 381 73 114
2018-09-30 387 93 109
2018-06-30 385 92 103
2018-03-31 383 37 97
2017-12-31 379 64 92
2017-09-30 369 65 98
2017-06-30 366 63 97
2017-03-31 360 116 98

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cohen & Steers's earnings are expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
  • Cohen & Steers's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:FG9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Cohen & Steers Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FG9 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 3.04 3.30 2.76 3.00
2020-12-31 2.83 2.98 2.62 3.00
2020-03-28
DB:FG9 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.85
2019-09-30 2.62
2019-06-30 2.56
2019-03-31 2.53
2018-12-31 2.43
2018-09-30 2.33
2018-06-30 2.21
2018-03-31 2.08
2017-12-31 1.98
2017-09-30 2.11
2017-06-30 2.09
2017-03-31 2.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Cohen & Steers is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Cohen & Steers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cohen & Steers has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FG9 Past Performance

  How has Cohen & Steers performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cohen & Steers's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cohen & Steers's year on year earnings growth rate has been positive over the past 5 years.
  • Cohen & Steers's 1-year earnings growth exceeds its 5-year average (18.2% vs 13.7%)
  • Cohen & Steers's earnings growth has exceeded the DE Capital Markets industry average in the past year (18.2% vs 5.1%).
Earnings and Revenue History
Cohen & Steers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cohen & Steers Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FG9 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 410.83 134.62 47.63
2019-09-30 394.89 123.45 47.16
2019-06-30 388.26 120.23 47.09
2019-03-31 380.87 118.85 47.52
2018-12-31 381.11 113.90 48.27
2018-09-30 386.66 108.73 47.28
2018-06-30 385.12 103.03 45.49
2018-03-31 383.42 96.54 43.85
2017-12-31 378.70 91.94 42.22
2017-09-30 368.68 97.71 43.94
2017-06-30 366.28 96.50 47.22
2017-03-31 359.94 97.84 49.38
2016-12-31 351.50 92.94 42.99
2016-09-30 342.11 79.15 51.74
2016-06-30 327.39 67.61 50.79
2016-03-31 324.52 61.82 51.13
2015-12-31 328.66 64.55 50.85
2015-09-30 328.83 67.86 50.33
2015-06-30 330.00 73.71 49.47
2015-03-31 324.91 76.88 48.71
2014-12-31 313.93 75.51 47.34
2014-09-30 305.52 79.23 45.89
2014-06-30 298.71 79.32 46.26
2014-03-31 298.09 72.42 46.72
2013-12-31 297.71 68.12 46.80
2013-09-30 295.38 70.43 45.75
2013-06-30 292.65 62.41 44.67
2013-03-31 282.28 63.20 42.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cohen & Steers made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Cohen & Steers used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Cohen & Steers has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cohen & Steers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cohen & Steers has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FG9 Health

 How is Cohen & Steers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cohen & Steers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cohen & Steers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cohen & Steers's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cohen & Steers's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Cohen & Steers has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cohen & Steers Company Filings, last reported 2 months ago.

DB:FG9 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 267.12 0.00 116.33
2019-09-30 332.01 0.00 146.06
2019-06-30 294.48 0.00 128.29
2019-03-31 299.52 0.00 85.54
2018-12-31 336.84 0.00 201.10
2018-09-30 409.07 0.00 263.11
2018-06-30 388.00 0.00 279.96
2018-03-31 365.45 0.00 264.43
2017-12-31 323.33 0.00 268.31
2017-09-30 354.67 0.00 273.02
2017-06-30 335.47 0.00 251.37
2017-03-31 274.34 0.00 171.21
2016-12-31 266.67 0.00 195.44
2016-09-30 273.11 0.00 175.27
2016-06-30 256.09 0.00 153.10
2016-03-31 238.28 0.00 135.27
2015-12-31 243.11 0.00 179.33
2015-09-30 246.66 0.00 158.56
2015-06-30 242.76 0.00 134.02
2015-03-31 228.44 0.00 108.27
2014-12-31 228.59 0.00 133.80
2014-09-30 281.77 0.00 187.73
2014-06-30 257.28 0.00 152.98
2014-03-31 233.21 0.00 135.20
2013-12-31 223.76 0.00 136.65
2013-09-30 251.20 0.00 160.39
2013-06-30 307.02 0.00 216.29
2013-03-31 293.97 0.00 227.06
  • Cohen & Steers has no debt.
  • Cohen & Steers has not taken on any debt in the past 5 years.
  • Cohen & Steers has no debt, it does not need to be covered by operating cash flow.
  • Cohen & Steers has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Cohen & Steers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cohen & Steers has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FG9 Dividends

 What is Cohen & Steers's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.56%
Current annual income from Cohen & Steers dividends. Estimated to be 6.12% next year.
If you bought €2,000 of Cohen & Steers shares you are expected to receive €171 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cohen & Steers's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Cohen & Steers's dividend is above the markets top 25% of dividend payers in Germany (4.96%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:FG9 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FG9 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.54 4.00
2020-12-31 2.55 4.00
2020-03-28
DB:FG9 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-20 3.560 6.773
2019-11-07 3.440 5.089
2019-08-01 3.940 7.059
2019-05-01 3.940 7.721
2019-02-21 3.940 9.070
2019-01-23 3.940 10.337
2018-11-07 3.820 10.657
2018-08-02 2.320 5.766
2018-05-03 2.320 5.653
2018-02-22 2.320 5.757
2017-11-08 2.120 4.831
2017-08-03 1.620 4.045
2017-05-04 1.620 4.009
2017-02-23 1.620 4.198
2016-11-02 1.540 4.387
2016-08-04 1.540 3.752
2016-05-05 1.540 3.854
2016-02-25 1.540 4.152
2015-11-03 1.500 5.003
2015-10-14 2.000 6.695
2015-08-07 2.000 6.883
2015-07-15 2.000 6.345
2015-02-26 2.000 5.235
2014-11-04 1.880 4.376
2014-08-07 1.880 4.570
2014-05-08 1.880 4.457
2014-03-14 1.880 4.745
2013-11-06 1.800 4.702
2013-10-16 1.800 4.662
2013-08-07 2.300 6.725
2013-05-08 2.300 6.262
2013-03-13 2.300 6.220
2013-01-23 2.220 6.665
2012-08-07 1.720 5.601
2012-05-08 1.720 5.148
2012-03-13 1.720 5.165
2011-11-03 1.600 5.368
2011-08-04 1.600 5.152
2011-07-20 1.600 4.133
2011-05-06 0.600 1.934
2011-03-10 0.600 2.074
2010-11-03 0.400 1.466
2010-03-11 0.400 1.730
2009-11-05 0.200 0.946
2009-08-06 0.200 0.962
2009-05-08 0.200 1.295

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Cohen & Steers's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Cohen & Steers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cohen & Steers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cohen & Steers has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FG9 Management

 What is the CEO of Cohen & Steers's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Steers
COMPENSATION $4,545,996
AGE 66
CEO Bio

Mr. Robert Hamilton Steers is Chief Executive Officer, Director, Portfolio Manager and Chairman at Cohen & Steers Capital Management, Inc. Mr. Steers is Chief Executive Officer at Cohen & Steers, Inc. since January 1, 2014 and is Director since August 2004. Mr. Steers co-founded the firm in 1986 and is its Co-Chief Executive Officer and Co-Chairman from August 2003 to December 31, 2013 and is its Senior Portfolio Manager. Prior to this, he is a Senior Vice President and Chief Investment Officer at National Securities and Research Corporation from 1984 to 1986. From 1977 to 1982, Mr. Steers was a Vice President at Citibank, serving as an Analyst and Portfolio manager. He received an M.B.A. from George Washington University and a B.S. from Georgetown University.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robert's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Cohen & Steers management team in years:

6.3
Average Tenure
54
Average Age
  • The average tenure for the Cohen & Steers management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Steers

TITLE
CEO & Director
COMPENSATION
$5M
AGE
66

Joe Harvey

TITLE
President & Director
COMPENSATION
$4M
AGE
55
TENURE
17.2 yrs

Matt Stadler

TITLE
Former Executive VP
COMPENSATION
$2M
AGE
64
TENURE
14.8 yrs

Adam Derechin

TITLE
Executive VP & COO
COMPENSATION
$2M
AGE
54

John Glickson

TITLE
Executive VP and Head of Marketing
COMPENSATION
$2M
AGE
51
TENURE
5.7 yrs

Jon Cheigh

TITLE
Head of Global Real Estate & Chief Investment Officer
AGE
46
TENURE
0.4 yrs

Elena Dulik

TITLE
Chief Accounting Officer & Senior VP
AGE
53
TENURE
6.8 yrs

Frank Poli

TITLE
Executive VP
COMPENSATION
$2M
AGE
56

Paul Zettl

TITLE
Senior VP
TENURE
0.8 yrs

Michele Nolty

TITLE
Executive VP & Global Head of Human Resources
AGE
50
Board of Directors Tenure

Average tenure and age of the Cohen & Steers board of directors in years:

6.2
Average Tenure
68
Average Age
  • The tenure for the Cohen & Steers board of directors is about average.
Board of Directors

Marty Cohen

TITLE
Chairman of the Board
COMPENSATION
$410K
AGE
70
TENURE
6.2 yrs

Robert Steers

TITLE
CEO & Director
COMPENSATION
$5M
AGE
66
TENURE
15.6 yrs

Joe Harvey

TITLE
President & Director
COMPENSATION
$4M
AGE
55
TENURE
0.6 yrs

Ed Villani

TITLE
Independent Director
COMPENSATION
$220K
AGE
72
TENURE
15.6 yrs

Richard Simon

TITLE
Independent Director
COMPENSATION
$218K
AGE
73
TENURE
15.6 yrs

Peter Rhein

TITLE
Independent Director
COMPENSATION
$228K
AGE
77
TENURE
15.6 yrs

Frank Connor

TITLE
Independent Director
COMPENSATION
$213K
AGE
59
TENURE
6 yrs

Reena Aggarwal

TITLE
Independent Director
COMPENSATION
$213K
AGE
62
TENURE
3.3 yrs

Dasha Smith

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • Cohen & Steers individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
11. Mar 20 Sell John Glickson Individual 10. Mar 20 10. Mar 20 -10,000 €47.69 €-476,906
05. Dec 19 Buy John Glickson Individual 23. Aug 19 23. Aug 19 70 €49.01 €3,420
26. Nov 19 Sell Francis Poli Individual 25. Nov 19 25. Nov 19 -2,000 €60.45 €-120,895
13. Sep 19 Sell Elena Dulik Individual 12. Sep 19 12. Sep 19 -1,000 €49.38 €-49,384
30. May 19 Sell Matthew Stadler Individual 29. May 19 29. May 19 -50,000 €46.09 €-2,304,554
24. Apr 19 Sell Richard Simon Individual 22. Apr 19 22. Apr 19 -5,475 €42.92 €-234,979
24. Apr 19 Sell Edmond Villani Individual 23. Apr 19 23. Apr 19 -4,000 €43.11 €-172,437
24. Apr 19 Sell Francis Poli Individual 23. Apr 19 23. Apr 19 -14,808 €42.71 €-632,401
24. Apr 19 Sell Michele Nolty Individual 22. Apr 19 22. Apr 19 -4,220 €43.18 €-182,204
X
Management checks
We assess Cohen & Steers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cohen & Steers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FG9 News

Simply Wall St News

FG9 Company Info

Description

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. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.

Details
Name: Cohen & Steers, Inc.
FG9
Exchange: DB
Founded: 1986
$1,791,332,276
47,756,099
Website: http://www.cohenandsteers.com
Address: Cohen & Steers, Inc.
280 Park Avenue,
10th Floor,
New York,
New York, 10017,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CNS Common Stock New York Stock Exchange US USD 13. Aug 2004
DB FG9 Common Stock Deutsche Boerse AG DE EUR 13. Aug 2004
Number of employees
Current staff
Staff numbers
328
Cohen & Steers employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/28 21:06
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.