Cohen & Steers, Inc. (CNS) AI Stock Analysis

Cohen & Steers, Inc. is an asset management holding company that serves institutional investors such as pension funds, endowments, and foundations, as well as retail clients. Established in 1986 and based in New York, the firm operates globally across locations including London, Hong Kong, Tokyo, and Seattle. Cohen & Steers manages portfolios across equity, fixed income, multi-asset, and commodity strategies, and also oversees mutual funds and hedge funds. The firm focuses particularly on global economic infrastructure sectors, including real estate investment trusts (REITs), infrastructure development, and natural energy resources.

Revenue rose from $489.6M in FY2023 to $517.4M in FY2024 and $567.8M in FY2025, reflecting 9.7% annual growth in FY2025. Gross margin expanded to 57.5% in FY2025 from 46.8% in FY2024, though operating margin declined slightly from 33.4% to 31.3%. Net income totaled $153.2M in FY2025 with diluted earnings per share of $3.10. For the trailing twelve months ended September 30, 2026, revenue stood at $599.6M, supported by latest quarter revenue growth of 11.1% year-over-year. Operating margin for the trailing twelve months was 32.4%, and net profit margin was 28.2%.

As of June 30, 2026, Cohen & Steers held $612.2M in cash and short-term investments against $134.4M in total debt, yielding net cash of $477.8M. The current ratio stood at 2.66 and the debt-to-equity ratio was 0.23. In FY2025, operating cash flow was -$120.4M and free cash flow was -$126.4M, with capital expenditures of $6.0M. During FY2025, cash deployment included $126.9M in dividends paid and $28.4M allocated to share buybacks.

At $69.63, Cohen & Steers trades at a trailing P/E of 21.4x and a forward P/E of 18.5x, representing a premium to the median of its US-listed Financial Services peers of 12.1x trailing and 10.8x forward. Its price-to-sales ratio is 6.0x, above the peer median of 3.2x, while EV to EBITDA is 16.3x versus the peer median of 11.7x. Over the past year, the stock returned 9.8%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock returned -6.2% compared to an 83.0% gain for the benchmark.

Cohen & Steers pays a quarterly dividend with an annualized forward payout of $2.68 per share, representing a dividend yield of 3.85%. The payout ratio is 63.4%, and the company has paid dividends for 23 consecutive years. Over the past five years, the dividend has grown at an annualized rate of 9.7%. The last ex-dividend date was August 10, 2026.

Wall Street coverage includes 3 ratings: 1 Strong Buy, 1 Hold, and 1 Sell. The mean price target is $71.67, indicating 2.9% upside compared to the last close of $69.63. For the fiscal year ending December 31, 2026, analysts estimate EPS of $3.52, an increase of 13.9%, on revenue of $612.5M. For the following fiscal year, 3 analysts project EPS of $3.74 on revenue of $646.4M. Over the last four quarters, the company beat EPS estimates 2 times.

This page is an AI-written research summary of Cohen & Steers, Inc. (CNS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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