Reading the tape
AMEX: COHN
Cohen & Company Inc.
Financial Services · Financial - Capital Markets
Market Cap
$48.57M
52w High
$32.60
52w Low
$7.78
P/E
2.83
Volume
34.55K
Outstanding Shares
2.07M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 176.24%Revenue (TTM): 249.63%FCF (TTM): -85.6%P/E: 33rd pct
What changed
The stock rose 176.24% over the last year. Revenue grew 249.63% over the trailing twelve months. Operating margin moved from -10.08% to 22.33%. Free cash flow declined 85.6% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 33rd percentile of their historical P/E range.
What would invalidate this read
Operating margin is at 22.33%. Revenue grew 249.63% — this thesis depends on that trajectory holding. Despite the price move, free cash flow fell 85.6%, which is worth watching as a leading indicator of future pressure. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Cohen & Company Inc. is a publicly owned investment manager.
CEOLester Raymond Brafman
SectorFinancial Services
IndustryFinancial - Capital Markets
Employees117
IPO dateMar 17, 2004
Valuation
Forward P/E—
EV/EBITDA9.42
Enterprise value$434.31M
Price / Book0.95
Stock splits
Sep 5, 2017↓ Reverse
Every 10 shares became 1
Dec 17, 2009↓ Reverse
Every 10 shares became 1
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth468.87%
Gross margin93.76%▲221.54%vs FY2024
Operating margin22.33%▲321.53%vs FY2024
ROE28.25%▲9238.68%vs FY2024
Analyst consensus
Rating—
Target price—
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 1, 2026
Q2 FY26 · EPS est — · Revenue est —
View
Dividends
$3.45/shareQuarterly3yr growth streakSafeCOHN pays a dividend with a 14.69% dividend yield, 3 consecutive years of growth, growing at 23.22% annually, covered 12.2× by free cash flow.
Dividend Yield
14.69%
Annual Div / Share
$3.45
TTM $3.70
5yr CAGR
+23.22%
Doubles every ~3.3yr
Payout Ratio
14.77%
Safe
Dividend Growth Rate
3yr CAGR
+51.1%
5yr CAGR
+23.22%
10yr CAGR
+15.74%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$3.45+245.0%
2025$1.00+0.0%
2024$1.00+0.0%
2023$1.00-42.9%
2022$1.75+118.7%
2019$0.80+0.0%
2018$0.80+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$147/yr
$12/mo
In 5 yrs
$259/yr+76%
$22/mo
In 10 yrs
$456/yr+211%
$38/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$147/yr $12/mo | $259/yr+76% $22/mo | $456/yr+211% $38/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 14.69% → 45.64% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 12.2× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 23.22% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.