COHN Chart
About

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. It invests in the fixed income and alternative investment markets across the globe. The firm's fixed income investments include U.S. trust preferred securities, European hybrid capital securities, Asian commercial real estate debt, mortgage backed securities, and asset backed securities. The firm was formerly known as Institutional Financial Markets, Inc. Cohen & Company Inc. was founded in 1999 and is based in Philadelphia, Pennsylvania with additional offices in New York City; Boca Raton, Florida; Chicago, Illinois; Bethesda, Maryland; Boston, Massachusetts; Paris, France; and London, United Kingdom.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 29.09M
Enterprise Value -34.32M Income 4.38M Sales 185.48M
Book/sh 27.46 Cash/sh 357.01 Dividend Yield 6.88%
Payout 41.49% Employees 124 IPO —
P/E 5.93 Forward P/E — PEG —
P/S 0.16 P/B 0.52 P/C —
EV/EBITDA — EV/Sales -0.18 Quick Ratio 1.08
Current Ratio 1.09 Debt/Eq 503.33 LT Debt/Eq —
EPS (ttm) 2.41 EPS next Y — EPS Growth 96.80%
Revenue Growth 171.80% Earnings 2026-03-09 ROA 0.94%
ROE 7.42% ROIC — Gross Margin 100.00%
Oper. Margin 24.52% Profit Margin 2.36% Shs Outstand 2.04M
Shs Float 994.73K Short Float 1.46% Short Ratio 0.29
Short Interest — 52W High 32.60 52W Low 6.10
Beta 1.20 Avg Volume 46.67K Volume 3.35K
Target Price — Recom None Prev Close $14.54
Price $14.29 Change -1.72%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$14.29
Latest analyst target
3. DCF / Fair value
$36.15
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$14.29
Low
—
High
—
Mean
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Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 46391 90509 — Conversion of Exercise of derivative security at price 1.95 per share. COHEN DANIEL G Officer, Director and Beneficial Owner — 2026-02-03 00:00:00 D
1 50145 97833 — Conversion of Exercise of derivative security at price 1.95 per share. BRAFMAN LESTER RAYMOND Chief Executive Officer — 2026-02-03 00:00:00 D
2 30000 — — Stock Gift at price 0.00 per share. COHEN DANIEL G Officer, Director and Beneficial Owner — 2025-12-30 00:00:00 D
3 2300 — — Stock Award(Grant) at price 0.00 per share. DAWSON G STEVEN Director — 2025-12-19 00:00:00 D
4 15500 — — Stock Award(Grant) at price 0.00 per share. POOLER JOSEPH W JR Chief Financial Officer — 2025-12-19 00:00:00 D
5 2300 — — Stock Award(Grant) at price 0.00 per share. HARABURDA JACK Director — 2025-12-19 00:00:00 D
6 12000 — — Stock Award(Grant) at price 0.00 per share. LISTMAN DOUGLAS Officer — 2025-12-19 00:00:00 D
7 2300 — — Stock Award(Grant) at price 0.00 per share. DIMAIO JACK J Director — 2025-12-19 00:00:00 D
8 2300 — — Stock Award(Grant) at price 0.00 per share. LIBERTO DIANA LOUISE Director — 2025-12-19 00:00:00 D
9 46067 45652 — Conversion of Exercise of derivative security at price 0.99 per share. COHEN DANIEL G Officer, Director and Beneficial Owner — 2025-02-05 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00574.29K
TaxRateForCalcs0.210.350.210.27
NormalizedEBITDA14.24M23.03M-48.34M75.97M
TotalUnusualItems0.002.13M
TotalUnusualItemsExcludingGoodwill0.002.13M
NetIncomeFromContinuingOperationNetMinorityInterest-129.00K-5.11M-13.39M11.81M
ReconciledDepreciation556.00K563.00K557.00K371.00K
ReconciledCostOfRevenue56.39M52.09M50.29M85.05M
EBITDA14.24M23.03M-48.34M78.10M
EBIT13.68M22.47M-48.89M77.73M
NetInterestIncome-5.82M-6.53M-4.98M-7.23M
InterestExpense5.82M6.53M4.98M7.23M
InterestIncome0.000.00
NormalizedIncome-129.00K-5.11M-13.39M10.26M
NetIncomeFromContinuingAndDiscontinuedOperation-129.00K-5.11M-13.39M11.81M
TotalExpenses87.62M76.12M72.35M106.78M
RentExpenseSupplemental6.62M5.20M5.08M3.37M
TotalOperatingIncomeAsReported-8.02M6.86M-27.96M39.59M
DilutedAverageShares5.68M1.51M1.42M5.29M
BasicAverageShares1.61M1.51M1.42M1.19M
DilutedEPS-0.08-3.38-9.437.48
BasicEPS-0.08-3.38-9.439.50
DilutedNIAvailtoComStockholders-453.00K-5.11M-13.39M41.37M
AverageDilutionEarnings-324.00K0.000.0029.56M
NetIncomeCommonStockholders-129.00K-5.11M-13.39M11.81M
NetIncome-129.00K-5.11M-13.39M11.81M
MinorityInterests-8.32M-15.51M45.28M-62.23M
NetIncomeIncludingNoncontrollingInterests8.19M10.40M-58.67M74.04M
NetIncomeContinuousOperations8.19M10.40M-58.67M74.04M
TaxProvision-329.00K5.54M4.79M-3.54M
PretaxIncome7.86M15.94M-53.88M70.50M
OtherIncomeExpense21.70M15.61M-20.93M38.14M
OtherNonOperatingIncomeExpenses2.13M
SpecialIncomeCharges0.002.13M
OtherSpecialCharges-2.13M
ImpairmentOfCapitalAssets0.000.00
EarningsFromEquityInterest21.70M15.61M-20.93M36.01M
NetNonOperatingInterestIncomeExpense-5.82M-6.53M-4.98M-7.23M
InterestExpenseNonOperating5.82M6.53M4.98M7.23M
InterestIncomeNonOperating0.000.00
OperatingIncome-8.02M6.86M-27.96M39.59M
OperatingExpense31.23M24.03M22.06M21.73M
OtherOperatingExpenses9.64M8.96M8.27M10.31M
DepreciationAmortizationDepletionIncomeStatement556.00K563.00K557.00K371.00K
DepreciationAndAmortizationInIncomeStatement556.00K563.00K557.00K371.00K
ResearchAndDevelopment6.62M5.20M5.08M3.37M
SellingGeneralAndAdministration21.04M14.50M13.23M11.05M
GeneralAndAdministrativeExpense21.04M14.50M13.23M11.05M
OtherGandA14.42M9.30M8.15M7.68M
RentAndLandingFees6.62M5.20M5.08M3.37M
GrossProfit23.21M30.89M-5.90M61.32M
CostOfRevenue56.39M52.09M50.29M85.05M
TotalRevenue79.60M82.98M44.39M146.37M
OperatingRevenue79.60M82.98M44.39M146.37M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber2.04M1.89M1.77M1.70M
ShareIssued2.04M1.89M1.77M1.70M
NetDebt81.97M130.15M131.67M153.72M
TotalDebt118.13M149.02M171.22M215.10M
TangibleBookValue41.43M41.38M46.44M61.64M
InvestedCapital143.26M182.46M207.48M266.20M
WorkingCapital876.57M660.04M812.30M3.50B
NetTangibleAssets41.45M41.41M46.46M61.67M
CapitalLeaseObligations16.57M8.22M10.45M10.81M
CommonStockEquity41.70M41.66M46.71M61.91M
PreferredStockEquity27.00K27.00K27.00K27.00K
TotalCapitalization143.29M182.48M207.51M266.23M
TotalEquityGrossMinorityInterest90.28M91.80M94.03M151.43M
MinorityInterest48.55M50.12M47.29M89.49M
StockholdersEquity41.73M41.68M46.74M61.94M
GainsLossesNotAffectingRetainedEarnings-1.01M-944.00K-955.00K-905.00K
OtherEquityAdjustments-1.01M-944.00K-955.00K-905.00K
RetainedEarnings-34.02M-32.01M-25.15M-9.20M
AdditionalPaidInCapital76.70M74.59M72.80M72.01M
CapitalStock47.00K46.00K44.00K44.00K
CommonStock20.00K19.00K17.00K17.00K
PreferredStock27.00K27.00K27.00K27.00K
TotalLiabilitiesNetMinorityInterest880.87M680.96M793.03M3.50B
TotalNonCurrentLiabilitiesNetMinorityInterest869.95M672.85M778.35M3.48B
OtherNonCurrentLiabilities729.53M475.45M593.52M3.24B
DerivativeProductLiabilities4.52M31.11M1.18M424.00K
EmployeeBenefits17.77M17.27M12.43M22.58M
LongTermDebtAndCapitalLeaseObligation118.13M149.02M171.22M215.10M
LongTermCapitalLeaseObligation16.57M8.22M10.45M10.81M
LongTermDebt101.56M140.80M160.77M204.29M
CurrentLiabilities10.91M8.12M14.68M22.82M
OtherCurrentLiabilities3.93M4.30M17.32M
CurrentDebtAndCapitalLeaseObligation452.80M3.17B
CurrentDebt452.80M3.17B
OtherCurrentBorrowings452.80M3.17B
PayablesAndAccruedExpenses6.98M8.12M10.38M5.50M
CurrentAccruedExpenses3.83M4.82M4.61M3.65M
InterestPayable876.00K1.29M2.01M1.55M
Payables3.15M3.30M5.76M1.85M
TotalTaxPayable2.34M2.12M1.64M1.73M
IncomeTaxPayable284.00K0.0070.00K179.00K
AccountsPayable812.00K1.18M4.13M122.00K
TotalAssets971.15M772.76M887.05M3.66B
TotalNonCurrentAssets83.67M104.61M60.08M129.56M
OtherNonCurrentAssets10.63M2.05M3.13M17.34M
NonCurrentDeferredAssets2.35M1.58M7.07M11.75M
NonCurrentDeferredTaxesAssets2.26M1.58M6.93M11.51M
NonCurrentNoteReceivables11.25M9.54M
FinancialAssets4.91M8.92M4.67M1.27M
InvestmentsAndAdvances36.74M73.42M33.82M87.19M
OtherInvestments0.00527.00K1.98M
InvestmentinFinancialAssets4.05M51.28M14.33M27.70M
HeldToMaturitySecurities531.00K638.00K608.00K591.00K
AvailableForSaleSecurities3.52M50.65M13.72M27.10M
LongTermEquityInvestment32.69M22.13M18.96M57.52M
InvestmentsinJointVenturesatCost9.26M7.89M10.03M9.28M
InvestmentsInOtherVenturesUnderEquityMethod23.43M14.24M8.93M48.24M
InvestmentsinAssociatesatCost48.24M
GoodwillAndOtherIntangibleAssets275.00K275.00K275.00K275.00K
OtherIntangibleAssets166.00K166.00K166.00K166.00K
Goodwill109.00K109.00K109.00K109.00K
NetPPE17.52M8.82M11.12M11.73M
AccumulatedDepreciation-2.93M-2.73M-2.16M-1.61M
GrossPPE20.45M11.55M13.28M13.34M
Leases756.00K560.00K553.00K1.54M
OtherProperties15.54M7.54M9.65M10.27M
MachineryFurnitureEquipment4.15M3.45M3.08M1.52M
Properties0.000.000.000.00
CurrentAssets887.48M668.15M826.97M3.53B
RestrictedCash0.004.30M0.00
PrepaidAssets3.27M2.54M2.02M2.02M
Receivables721.13M484.22M584.39M3.25B
OtherReceivables669.85M409.83M439.25M3.18B
DuefromRelatedPartiesCurrent941.00K772.00K787.00K4.58M
AccruedInterestReceivable2.56M1.39M
LoansReceivable0.003.11M13.51M
AccountsReceivable50.34M70.51M144.35M70.50M
AllowanceForDoubtfulAccountsReceivable-2.25M0.00
GrossAccountsReceivable52.59M70.51M140.68M68.14M
CashCashEquivalentsAndShortTermInvestments163.09M181.40M236.26M273.16M
OtherShortTermInvestments143.50M170.75M207.16M222.59M
CashAndCashEquivalents19.59M10.65M29.10M50.57M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow8.23M-40.03M-24.06M17.29M
RepurchaseOfCapitalStock0.000.00-857.00K
RepaymentOfDebt0.00-15.00M-2.25M-19.90M
IssuanceOfDebt0.0015.00M2.25M17.50M
IssuanceOfCapitalStock154.00K0.000.009.08M
CapitalExpenditure-1.25M-373.00K-573.00K-1.03M
EndCashPosition19.59M10.65M29.10M50.57M
BeginningCashPosition10.65M29.10M50.57M42.00M
EffectOfExchangeRateChanges-324.00K191.00K-272.00K-377.00K
ChangesInCash9.26M-18.64M-21.19M8.95M
FinancingCashFlow-16.72M-17.11M-11.50M13.16M
CashFlowFromContinuingFinancingActivities-16.72M-17.11M-11.50M13.16M
NetOtherFinancingCharges-14.81M-15.18M-8.71M8.39M
ProceedsFromStockOptionExercised-189.00K-175.00K-234.00K-378.00K
CashDividendsPaid-1.87M-1.75M-2.56M-671.00K
CommonStockDividendPaid-1.87M-1.75M-2.56M-671.00K
NetCommonStockIssuance154.00K0.000.008.22M
CommonStockPayments0.000.00-857.00K
CommonStockIssuance154.00K0.000.009.08M
NetIssuancePaymentsOfDebt0.000.000.00-2.40M
NetShortTermDebtIssuance0.000.000.00
ShortTermDebtPayments-15.00M0.00-17.50M
ShortTermDebtIssuance15.00M0.0017.50M
NetLongTermDebtIssuance0.000.000.00-2.40M
LongTermDebtPayments0.00-15.00M-2.25M-2.40M
LongTermDebtIssuance0.0015.00M2.25M0.00
InvestingCashFlow16.51M38.12M13.80M-22.53M
CashFlowFromContinuingInvestingActivities16.51M38.12M13.80M-22.53M
NetOtherInvestingChanges-2.28M
DividendsReceivedCFI1.03M2.09M77.00K249.00K
NetInvestmentPurchaseAndSale16.96M38.30M16.91M-13.36M
SaleOfInvestment79.05M129.83M30.14M168.83M
PurchaseOfInvestment-62.08M-91.53M-13.24M-182.20M
NetBusinessPurchaseAndSale-236.00K-1.90M-2.61M-8.39M
PurchaseOfBusiness-236.00K-1.90M-2.61M-8.39M
NetPPEPurchaseAndSale-1.25M-373.00K-573.00K-1.03M
PurchaseOfPPE-1.25M-373.00K-573.00K-1.03M
OperatingCashFlow9.47M-39.66M-23.49M18.32M
CashFlowFromContinuingOperatingActivities9.47M-39.66M-23.49M18.32M
ChangeInWorkingCapital9.84M-12.32M-19.10M5.84M
ChangeInOtherWorkingCapital-23.45M118.31M-94.66M-15.13M
ChangeInOtherCurrentLiabilities258.44M-112.80M-2.65B-2.52B
ChangeInOtherCurrentAssets24.18M32.33M13.02M14.24M
ChangeInPayablesAndAccruedExpense11.67M-83.60M-21.91M-10.97M
ChangeInAccruedExpense502.00K4.83M-10.14M8.22M
ChangeInPayable11.16M-88.43M-11.77M-19.19M
ChangeInAccountPayable11.16M-88.43M-11.77M-19.19M
ChangeInReceivables-261.00M33.44M2.73B2.54B
OtherNonCashItems-24.30M-17.56M-6.79M860.00K
StockBasedCompensation4.67M4.39M4.39M15.72M
AssetImpairmentCharge0.000.00
AmortizationOfSecurities0.000.00
DeferredTax-677.00K5.35M4.58M-4.12M
DeferredIncomeTax-677.00K5.35M4.58M-4.12M
DepreciationAmortizationDepletion556.00K563.00K557.00K371.00K
DepreciationAndAmortization556.00K563.00K557.00K371.00K
Depreciation563.00K557.00K371.00K
OperatingGainsLosses11.20M-30.49M51.54M-74.39M
EarningsLossesFromEquityInvestments-21.70M-15.61M20.93M-36.01M
GainLossOnInvestmentSecurities32.90M-14.88M30.61M-36.25M
NetIncomeFromContinuingOperations8.19M10.40M-58.67M74.04M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for COHN
Date User Asset Broker Type Position Size Entry Price Patterns