Cohen & Steers (NYSE:CNS) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Cohen & Steers (NYSE:CNS) issued its quarterly earnings results on Thursday. The asset manager reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01), FiscalAI reports. Cohen & Steers had a net margin of 28.82% and a return on equity of 28.03%. The business had revenue of $151.84 million for the quarter, compared to analyst estimates of $149.45 million. During the same period last year, the business posted $0.73 earnings per share. Cohen & Steers’s revenue for the quarter was up 12.2% on a year-over-year basis.

Cohen & Steers Stock Up 4.6%

Shares of CNS stock opened at $84.83 on Friday. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 2.00 and a beta of 1.22. Cohen & Steers has a 12-month low of $58.39 and a 12-month high of $84.93. The firm has a fifty day moving average of $74.95 and a 200-day moving average of $68.88.

Cohen & Steers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Monday, May 11th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, May 11th. This represents a $2.68 dividend on an annualized basis and a yield of 3.2%. Cohen & Steers’s payout ratio is currently 88.45%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Zacks Research upgraded shares of Cohen & Steers from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Evercore restated an “outperform” rating and set a $84.00 price target on shares of Cohen & Steers in a research note on Friday, July 10th. Finally, Weiss Ratings upgraded shares of Cohen & Steers from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $76.00.

Insider Buying and Selling

In other news, EVP Daniel Noonan sold 4,360 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $77.33, for a total transaction of $337,158.80. Following the completion of the transaction, the executive vice president directly owned 28,682 shares of the company’s stock, valued at $2,217,979.06. This represents a 13.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 45.40% of the company’s stock.

Institutional Trading of Cohen & Steers

Several institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in Cohen & Steers during the fourth quarter worth about $28,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Cohen & Steers during the 4th quarter worth $31,000. Geneos Wealth Management Inc. increased its position in shares of Cohen & Steers by 345.3% in the first quarter. Geneos Wealth Management Inc. now owns 383 shares of the asset manager’s stock worth $31,000 after purchasing an additional 297 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Cohen & Steers by 110.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 569 shares of the asset manager’s stock worth $36,000 after purchasing an additional 299 shares during the period. Finally, Group One Trading LLC raised its position in shares of Cohen & Steers by 230.5% in the 4th quarter. Group One Trading LLC now owns 1,160 shares of the asset manager’s stock valued at $73,000 after buying an additional 2,049 shares in the last quarter. Institutional investors own 51.47% of the company’s stock.

Key Cohen & Steers News

Here are the key news stories impacting Cohen & Steers this week:

• Positive Sentiment: Second-quarter revenue came in at $151.84 million, above the $149.45 million consensus, and grew 12.2% from a year earlier, suggesting solid business momentum. Conference Call Transcript
• Positive Sentiment: The stock also appears to be benefiting from a favorable read-through on improving real estate fund flows, which could support assets under management and fee growth. Cohen & Steers Q2 Rally Reflects Improving Real Estate Flows
• Neutral Sentiment: Management also released the earnings presentation and held its quarterly call, giving investors more detail on strategy and outlook, but no major new corporate action was highlighted in the headlines. Earnings Call Presentation
• Neutral Sentiment: The company’s quarterly results were mixed overall: EPS of $0.85 narrowly missed estimates of $0.86, while profitability remained strong with a 27.60% return on equity and 27.47% net margin. Q2 2026 Results Press Release

Cohen & Steers Company Profile

Cohen & Steers, Inc is a publicly traded investment management firm specializing in real estate securities and alternative income strategies. Founded in 1986 by Martin Cohen and Robert Steers, the company has built a reputation for expertise in listed real estate investment trusts (REITs) and related equities. Headquartered in New York City, Cohen & Steers applies a research-driven approach to identify value and income opportunities across global property markets.

The firm offers a diverse range of investment products, including mutual funds, closed-end funds, and exchange-traded funds (ETFs).