Cowen Group Inc (COWN) Stock
COWN is no longer traded. Cowen Group was acquired by TD Bank (TD) on March 1, 2023.
Each COWN share was exchanged for $39.00 in cash. Prices on this page are historical; the last trade was February 27, 2023 at $38.99.
See TD Bank (TD) stock →Cowen Group stock price history
COWN final trading statistics
- Final close
- $38.99
- Final trading day
- Feb 27, 2023
- Market cap at delisting
- $1.10B
- Shares outstanding
- 28.24M
- Final 52-week range
- $21.36 – $39.07
- Avg. volume (final 3 mo.)
- 638,926
- All-time high (split-adj.)
- $82.30 · Dec 2006
- All-time low (split-adj.)
- $6.05 · Mar 2020
- Return since IPO
- -36.4%
- Beta
- 1.41
- Book value / share
- $35.27
- Price / book
- 1.11
Cowen Group annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2022 | $1.54B | $76.5M | $2.52 |
| FY2021 | $2.11B | $295.6M | $9.93 |
| FY2020 | $1.62B | $216.4M | $11.28 |
| FY2019 | $1.05B | $24.6M | $2.21 |
| FY2018 | $966.92M | $42.8M | $2.43 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Cowen Group Inc
Cowen Inc., together with its subsidiaries, provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, commission management, and investment management services in the United States and internationally. The company operates in two segments, Operating Company and Asset Company. It offers public and private capital raising, and strategic advisory services; investment products and solutions in the liquidity spectrum to institutional and private clients; and investment research services. The company also trades common stocks, listed options, equity-linked securities, and other financial instruments on behalf of institutional investor clients. In addition, it is involved in the private investment, private real estate investment, and other legacy investment activities. The company was founded in 1918 and is headquartered in New York, New York. As of March 1, 2023, Cowen Inc. operates as a subsidiary of TD Securities Inc.
Cowen Group stock FAQ
What happened to Cowen Group stock?
Cowen Group was acquired by TD Bank (TD) on March 1, 2023. Shareholders received $39.00 in cash for each share. COWN stock stopped trading on the Nasdaq, with a final close of $38.99 on February 27, 2023.
What did Cowen Group shareholders receive?
Each COWN share was converted into $39.00 in cash. The deal was valued at about $1.3 billion.
Is COWN stock still trading?
No. COWN was delisted from the Nasdaq on March 1, 2023 and no longer trades on a U.S. exchange.
What was the last price of COWN stock?
COWN closed at $38.99 on its final trading day, February 27, 2023, for a market value of about $1.10B.
What were Cowen Group's revenue and earnings in its last full fiscal year?
Cowen Group reported revenue of $1.54B and net income of $76.5M in fiscal 2022, its last full year as a public company.
When did Cowen Group go public?
Cowen Group Inc stock began trading on July 13, 2006.