Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$0.82 (vs US$0.19 in 1Q 2025) First quarter 2026 results: EPS: US$0.82 (up from US$0.19 in 1Q 2025). Revenue: US$56.6m (up 107% from 1Q 2025). Net income: US$1.49m (up 354% from 1Q 2025). Profit margin: 2.6% (up from 1.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 04
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 18th May 2026 Payment date: 2nd June 2026 Dividend yield will be 20%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 87% to shift the payout ratio to a potentially unsustainable range, which is more than the 22% EPS decline seen over the last 5 years. Aankondiging • May 02
Cohen & Company Inc. announces Quarterly dividend, payable on June 02, 2026 Cohen & Company Inc. announced Quarterly dividend of USD 0.2500 per share payable on June 02, 2026, ex-date on May 18, 2026 and record date on May 18, 2026. Valuation Update With 7 Day Price Move • May 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$18.42, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 42x in the Capital Markets industry in the US. Total returns to shareholders of 353% over the past three years. Aankondiging • Apr 30
Cohen & Company Inc. to Report Q1, 2026 Results on May 01, 2026 Cohen & Company Inc. announced that they will report Q1, 2026 results on May 01, 2026 Aankondiging • Apr 17
Cohen & Company Inc., Annual General Meeting, Jun 03, 2026 Cohen & Company Inc., Annual General Meeting, Jun 03, 2026. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$19.71, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 39x in the Capital Markets industry in the US. Total returns to shareholders of 349% over the past three years. Recent Insider Transactions • Mar 24
Executive VP recently sold US$116k worth of stock On the 20th of March, Joseph Pooler sold around 7k shares on-market at roughly US$16.99 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Mar 21
Executive VP notifies of intention to sell stock Joseph Pooler intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of March. If the sale is conducted around the recent share price of US$17.22, it would amount to US$344k. Since June 2025, Joseph's direct individual holding has increased from 67.44k shares to 75.89k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$14.51, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 27x in the Capital Markets industry in the US. Total returns to shareholders of 193% over the past three years. Declared Dividend • Mar 09
Dividend of US$0.95 announced Shareholders will receive a dividend of US$0.95. Ex-date: 20th March 2026 Payment date: 3rd April 2026 Dividend yield will be 19%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.0% EPS decline seen over the last 5 years. Buy Or Sell Opportunity • Mar 08
Now 41% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to US$19.80. The fair value is estimated to be US$14.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Mar 07
Cohen & Company Inc. Declares Special Dividend, Payable on April 3, 2026 Cohen & Company Inc.'s Board of Directors has declared a quarterly dividend of special dividend of $0.70 per share, payable on April 3, 2026, to stockholders of record as of March 20, 2026. Aankondiging • Mar 06
Cohen & Company Inc. Declares Quarterly Dividend, Payable on April 3, 2026 Cohen & Company Inc.'s Board of Directors has declared a quarterly dividend of $0.25 per share, payable on April 3, 2026, to stockholders of record as of March 20, 2026. Aankondiging • Mar 05
Cohen & Company Inc. to Report Q4, 2025 Results on Mar 06, 2026 Cohen & Company Inc. announced that they will report Q4, 2025 results on Mar 06, 2026 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$14.41, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 24x in the Capital Markets industry in the US. Total returns to shareholders of 141% over the past three years. Aankondiging • Feb 21
Cohen & Company Inc. has filed a Follow-on Equity Offering in the amount of $13.094305 million. Cohen & Company Inc. has filed a Follow-on Equity Offering in the amount of $13.094305 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering New Risk • Jan 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (US$98.8m market cap). New Risk • Jan 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to US$23.57, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 25x in the Capital Markets industry in the US. Total returns to shareholders of 295% over the past three years. Upcoming Dividend • Dec 31
Upcoming dividend of US$2.00 per share Eligible shareholders must have bought the stock before 07 January 2026. Payment date: 22 January 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (1.8%). Aankondiging • Dec 23
Cohen & Company Inc. announces special dividend, payable on January 22, 2026 Cohen & Company Inc. announced special dividend of USD 2.0000 per share payable on January 22, 2026, ex-date on January 07, 2026 and record date on January 07, 2026. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$16.81, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 24x in the Capital Markets industry in the US. Total returns to shareholders of 173% over the past three years. New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$18.50, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 24x in the Capital Markets industry in the US. Total returns to shareholders of 210% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$12.78, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 24x in the Capital Markets industry in the US. Total returns to shareholders of 78% over the past three years. Declared Dividend • Nov 06
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 19th November 2025 Payment date: 3rd December 2025 Dividend yield will be 11%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 66% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 05
Cohen & Company Inc. announces Quarterly dividend, payable on December 03, 2025 Cohen & Company Inc. announced Quarterly dividend of USD 0.2500 per share payable on December 03, 2025, ex-date on November 19, 2025 and record date on November 19, 2025. Reported Earnings • Nov 05
Third quarter 2025 earnings released: EPS: US$2.64 (vs US$1.32 in 3Q 2024) Third quarter 2025 results: EPS: US$2.64 (up from US$1.32 in 3Q 2024). Revenue: US$82.7m (up 172% from 3Q 2024). Net income: US$4.59m (up 114% from 3Q 2024). Profit margin: 5.6% (down from 7.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 01
Cohen & Company Inc. to Report Q3, 2025 Results on Nov 04, 2025 Cohen & Company Inc. announced that they will report Q3, 2025 results on Nov 04, 2025 Aankondiging • Oct 28
Cohen & Co Adds Tax Partners Al Brink and Tim Kaiser Cohen & Co announced Al Brink and Tim Kaiser have joined the firm's Tax Practice as partners. Both based in Pennsylvania, Brink specializes in transaction tax and is located in the firm's Philadelphia office; Kaiser is located in the Pittsburgh office and provides tax services to high-net-worth individuals and families. With extensive experience in a broad range of industries, Brink specializes in mergers and acquisitions. He provides buy- and sell-side tax due diligence, transaction structuring, tax modeling, and tax attribute profiling services to financial and strategic clients across the middle market. Brink earned his B.S. from Suffolk University, J.D. from Roger Williams University School of Law, LL.M. in taxation from Boston University School of Law and is a licensed attorney in the Commonwealth of Massachusetts. Kaiser also brings a wealth of industry expertise. He focuses on tax planning and compliance for high- and ultra-high-net-worth individuals and families, with specialties ranging from individual income tax and trusts and estate planning, to wealth transfer strategies and investment partnerships. Kaiser earned his B.A. and B.S.B.A. from West Virginia University, M.S. in taxation from Robert Morris University, completed an Executive Education Program from Northwestern University – Kellogg School of Management, and is a CPA in the state of Pennsylvania. Aankondiging • Aug 09
Cohen & Company Inc. (NYSEAM:COHN) acquired Gioffre & Company Llp. Cohen & Company Inc. (NYSEAM:COHN) acquired Gioffre & Company Llp on August 8, 2025. Calfee, Halter & Griswold LLP served as legal counsel to Cohen & Co.
Cohen & Company Inc. (NYSEAM:COHN) completed the acquisition of Gioffre & Company Llp on August 8, 2025. Declared Dividend • Aug 04
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 15th August 2025 Payment date: 29th August 2025 Dividend yield will be 8.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 52% to shift the payout ratio to a potentially unsustainable range, which is more than the 37% EPS decline seen over the last 5 years. Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: US$0.81 (vs US$1.45 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.81 (up from US$1.45 loss in 2Q 2024). Revenue: US$58.4m (up US$49.0m from 2Q 2024). Net income: US$1.41m (up US$3.76m from 2Q 2024). Profit margin: 2.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 01
Cohen & Company Inc. Declares Quarterly Dividend, Payable on August 29, 2025 Cohen & Company Inc.’s Board of Directors has declared a quarterly dividend of $0.25 per share, payable on August 29, 2025, to stockholders of record as of August 15, 2025. Aankondiging • Jul 29
Cohen & Company Inc. to Report Q2, 2025 Results on Jul 31, 2025 Cohen & Company Inc. announced that they will report Q2, 2025 results on Jul 31, 2025 Declared Dividend • May 05
First quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 16th May 2025 Payment date: 2nd June 2025 Dividend yield will be 12%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (69% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • May 04
First quarter 2025 earnings released: EPS: US$0.19 (vs US$1.28 in 1Q 2024) First quarter 2025 results: EPS: US$0.19 (down from US$1.28 in 1Q 2024). Revenue: US$27.3m (up 62% from 1Q 2024). Net income: US$329.0k (down 84% from 1Q 2024). Profit margin: 1.2% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Aankondiging • May 01
Cohen & Company Inc. Declares Quarterly Dividend, Payable on June 2, 2025 Cohen & Company Inc. has declared a quarterly dividend of $0.25 per share, payable on June 2, 2025, to stockholders of record as of May 16, 2025. The Board of Directors will continue to evaluate the dividend policy each quarter, and future decisions regarding dividends may be impacted by quarterly operating results and the Company’s capital needs. Aankondiging • Apr 29
Cohen & Company Inc. to Report Q1, 2025 Results on May 01, 2025 Cohen & Company Inc. announced that they will report Q1, 2025 results on May 01, 2025 Aankondiging • Apr 18
Cohen & Company Inc., Annual General Meeting, Jun 04, 2025 Cohen & Company Inc., Annual General Meeting, Jun 04, 2025. New Risk • Mar 16
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Dividend per share is over 8x cash flows per share. Dividend yield: 13% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 8x cash flows per share. Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$45.2m market cap). Declared Dividend • Mar 12
Fourth quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 26th March 2025 Payment date: 9th April 2025 Dividend yield will be 12%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 27% EPS decline seen over the last 5 years. Reported Earnings • Mar 10
Full year 2024 earnings released: US$0.08 loss per share (vs US$3.38 loss in FY 2023) Full year 2024 results: US$0.08 loss per share (improved from US$3.38 loss in FY 2023). Revenue: US$73.8m (down 3.5% from FY 2023). Net loss: US$129.0k (loss narrowed 98% from FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Aankondiging • Mar 10
Cohen & Company Inc. Declares Quarterly Dividend, Payable on April 9, 2025 Cohen & Company Inc.'s Board of Directors has declared a quarterly dividend of $0.25 per share, payable on April 9, 2025, to stockholders of record as of March 26, 2025. The Board of Directors will continue to evaluate the dividend policy each quarter, and future decisions regarding dividends may be impacted by quarterly operating results and the Company's capital needs. Aankondiging • Mar 07
Cohen & Company Inc. to Report Q4, 2024 Results on Mar 10, 2025 Cohen & Company Inc. announced that they will report Q4, 2024 results on Mar 10, 2025 Declared Dividend • Nov 06
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 20th November 2024 Payment date: 5th December 2024 Dividend yield will be 9.8%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (6% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 93% to shift the payout ratio to a potentially unsustainable range, which is more than the 22% EPS decline seen over the last 5 years. Aankondiging • Nov 05
Cohen & Company Inc. Declares Quarterly Dividend, Payable on December 5, 2024 Cohen & Company Inc.’s board of directors has declared a quarterly dividend of $0.25 per share, payable on December 5, 2024, to stockholders of record as of November 20, 2024. Reported Earnings • Nov 05
Second quarter 2024 earnings released: US$1.45 loss per share (vs US$4.34 loss in 2Q 2023) Second quarter 2024 results: US$1.45 loss per share (improved from US$4.34 loss in 2Q 2023). Revenue: US$9.37m (down 55% from 2Q 2023). Net loss: US$2.35m (loss narrowed 64% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$9.93, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 23x in the Capital Markets industry in the US. Total loss to shareholders of 24% over the past three years. Aankondiging • Nov 01
Cohen & Company Inc. to Report Q3, 2024 Results on Nov 04, 2024 Cohen & Company Inc. announced that they will report Q3, 2024 results on Nov 04, 2024 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$9.25, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 20x in the Capital Markets industry in the US. Total loss to shareholders of 47% over the past three years. Declared Dividend • Aug 07
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 22nd August 2024 Payment date: 5th September 2024 Dividend yield will be 13%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 54% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years. Reported Earnings • Aug 06
Second quarter 2024 earnings released: US$1.45 loss per share (vs US$4.34 loss in 2Q 2023) Second quarter 2024 results: US$1.45 loss per share (improved from US$4.34 loss in 2Q 2023). Revenue: US$9.37m (down 55% from 2Q 2023). Net loss: US$2.35m (loss narrowed 64% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 06
Cohen & Company Inc. Declares Quarterly Dividend, Payable on September 5, 2024 The Board of Directors of Cohen & Company Inc. has declared a quarterly dividend of $0.25 per share, payable on September 5, 2024, to stockholders of record as of August 22, 2024. The Board of Directors will continue to evaluate the dividend policy each quarter, and future decisions regarding dividends may be impacted by quarterly operating results and the Company’s capital needs. Aankondiging • Aug 02
Cohen & Company Inc. to Report Q2, 2024 Results on Aug 05, 2024 Cohen & Company Inc. announced that they will report Q2, 2024 results on Aug 05, 2024 Recent Insider Transactions • Jun 13
Executive VP recently sold US$116k worth of stock On the 7th of June, Joseph Pooler sold around 10k shares on-market at roughly US$11.64 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Jun 10
Executive VP notifies of intention to sell stock Joseph Pooler intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of June. If the sale is conducted around the recent share price of US$11.52, it would amount to US$115k. Since December 2023, Joseph's direct individual holding has decreased from 73.14k shares to 68.79k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. New Risk • May 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (US$56.3m market cap). Declared Dividend • May 08
First quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 17th May 2024 Payment date: 5th June 2024 Dividend yield will be 10%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Aankondiging • May 08
Cohen & Company Inc. Declares Quarterly Dividend, Payable on June 5, 2024 Cohen & Company Inc. Board of Directors has declared a quarterly dividend of $0.25 per share, payable on June 5, 2024, to stockholders of record as of May 20, 2024. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$1.28 (vs US$1.77 loss in 1Q 2023) First quarter 2024 results: EPS: US$1.28 (up from US$1.77 loss in 1Q 2023). Revenue: US$16.9m (up 134% from 1Q 2023). Net income: US$2.02m (up US$4.66m from 1Q 2023). Profit margin: 12% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Aankondiging • May 03
Cohen & Company Inc. to Report Q1, 2024 Results on May 06, 2024 Cohen & Company Inc. announced that they will report Q1, 2024 results at 12:30 PM, US Eastern Standard Time on May 06, 2024 Aankondiging • Apr 21
Cohen & Company Inc., Annual General Meeting, Jun 05, 2024 Cohen & Company Inc., Annual General Meeting, Jun 05, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect five directors, each to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified, or until his or her earlier death, resignation or retirement; to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof. Upcoming Dividend • Mar 15
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 05 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 13%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (2.3%). Declared Dividend • Mar 10
Fourth quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 21st March 2024 Payment date: 5th April 2024 Dividend yield will be 13%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Mar 07
Full year 2023 earnings released: US$3.38 loss per share (vs US$9.43 loss in FY 2022) Full year 2023 results: US$3.38 loss per share (improved from US$9.43 loss in FY 2022). Revenue: US$76.5m (up 94% from FY 2022). Net loss: US$5.11m (loss narrowed 62% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 07
Cohen & Company Inc. Declares Quarterly Dividend, Payable on April 5, 2024 Cohen & Company Inc.'s Board of Directors has declared a quarterly dividend of $0.25 per share, payable on April 5, 2024, to stockholders of record as of March 22, 2024. New Risk • Jan 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 43% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (US$43.1m market cap). New Risk • Dec 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 43% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (US$42.1m market cap). Upcoming Dividend • Nov 09
Upcoming dividend of US$0.25 per share at 13% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 13%. Within top quartile of American dividend payers (5.1%). Higher than average of industry peers (2.8%). Aankondiging • Nov 03
Cohen & Company Inc. Declares Quarterly Dividend, Payable on December 1, 2023 Cohen & Company Inc.’s board of directors has declared a quarterly dividend of $0.25 per share, payable on December 1, 2023, to stockholders of record as of November 17, 2023. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.28 loss per share (vs US$0.64 loss in 3Q 2022) Third quarter 2023 results: US$0.28 loss per share (improved from US$0.64 loss in 3Q 2022). Revenue: US$15.4m (down 30% from 3Q 2022). Net loss: US$423.0k (loss narrowed 54% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. New Risk • Sep 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 43% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.7% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (US$66.3m market cap). Upcoming Dividend • Aug 10
Upcoming dividend of US$0.25 per share at 11% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 01 September 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 11%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (2.7%). New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings have declined by 8.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 8.8% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (US$34.4m market cap). Aankondiging • Aug 03
Cohen & Company Inc. Declares Quarterly Dividend, Payable on September 1, 2023 Cohen & Company Inc. Board of Directors declared a quarterly dividend of $0.25 per share, payable on September 1, 2023, to stockholders of record as of August 18, 2023. Reported Earnings • Aug 03
Second quarter 2023 earnings released: US$4.34 loss per share (vs US$1.30 loss in 2Q 2022) Second quarter 2023 results: US$4.34 loss per share (further deteriorated from US$1.30 loss in 2Q 2022). Revenue: US$20.9m (up 160% from 2Q 2022). Net loss: US$6.60m (loss widened 256% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (US$22.1m market cap). Aankondiging • Jun 08
Cohen & Company Inc. Appoints Jack Haraburda as Director Cohen & Company Inc. at its 2023 Annual Meeting of Stockholders held on June 7, 2023, elected Jack Haraburda as director to serve until the next annual meeting of the Company’s stockholders. Upcoming Dividend • May 10
Upcoming dividend of US$0.25 per share at 15% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 02 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 15%. Within top quartile of American dividend payers (5.1%). Higher than average of industry peers (2.9%). Reported Earnings • May 07
First quarter 2023 earnings released: US$1.77 loss per share (vs US$5.46 loss in 1Q 2022) First quarter 2023 results: US$1.77 loss per share (improved from US$5.46 loss in 1Q 2022). Net loss: US$2.64m (loss narrowed 65% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Aankondiging • May 05
Cohen & Company Declares Quarterly Dividend, Payable on June 2, 2023 Cohen & Company Inc. has declared a quarterly dividend of $0.25 per share, payable on June 2, 2023, to stockholders of record as of May 18, 2023. Upcoming Dividend • Mar 14
Upcoming dividend of US$0.25 per share at 12% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 05 April 2023. Trailing yield: 12%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 09
Full year 2022 earnings released: US$9.43 loss per share (vs US$9.50 profit in FY 2021) Full year 2022 results: US$9.43 loss per share (down from US$9.50 profit in FY 2021). Revenue: US$39.4m (down 72% from FY 2021). Net loss: US$13.4m (down 219% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Diana Liberto was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 02 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 11%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (2.6%). Reported Earnings • Nov 03
Third quarter 2022 earnings released: US$0.64 loss per share (vs US$2.61 loss in 3Q 2021) Third quarter 2022 results: US$0.64 loss per share (improved from US$2.61 loss in 3Q 2021). Revenue: US$22.1m (up 356% from 3Q 2021). Net loss: US$919.0k (loss narrowed 73% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 03
Cohen & Company Inc. Declares Quarterly Dividend, Payable on December 2, 2022 Cohen & Company Inc.’s board of directors has declared a quarterly dividend of $0.25 per share, payable on December 2, 2022, to stockholders of record as of November 18, 2022. Aankondiging • Nov 01
Cohen & Company Inc. to Report Q3, 2022 Results on Nov 02, 2022 Cohen & Company Inc. announced that they will report Q3, 2022 results on Nov 02, 2022 Upcoming Dividend • Aug 10
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 17 August 2022. Payment date: 01 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 8.3%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$1.30 loss per share (vs US$1.61 profit in 2Q 2021) Second quarter 2022 results: US$1.30 loss per share (down from US$1.61 profit in 2Q 2021). Revenue: US$8.05m (down 2.8% from 2Q 2021). Net loss: US$1.86m (down 208% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 04
Cohen & Company Inc. Declares Quarterly Dividend, Payable on September 1, 2022 Cohen & Company Inc. declared quarterly dividend of $0.25 per share, payable on September 1, 2022, to stockholders of record as of August 18, 2022. Aankondiging • Aug 02
Cohen & Company Inc. to Report Q2, 2022 Results on Aug 03, 2022 Cohen & Company Inc. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 03, 2022 Upcoming Dividend • May 12
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 19 May 2022. Payment date: 03 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.3%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.7%). Aankondiging • May 08
Cohen & Company Inc. Declares Quarterly Dividend, Payable on June 3, 2022 Cohen & Company Inc. announced that the Company’s Board of Directors has declared a quarterly dividend of $0.25 per share, payable on June 3, 2022, to stockholders of record as of May 20, 2022. Reported Earnings • May 06
First quarter 2022 earnings released: US$5.46 loss per share (vs US$9.05 profit in 1Q 2021) First quarter 2022 results: US$5.46 loss per share (down from US$9.05 profit in 1Q 2021). Revenue: -US$2.03m (down 102% from 1Q 2021). Net loss: US$7.61m (down 181% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.