Cohen & Company Inc
COHNFinancial·Capital Markets·USA·Nano·AMEX·Nov 11 • 3:59 PM ET
Price
COHN against its 20, 50 and 200-day averages62.5% under the 52-week high of 29.34 on 6 Jan 2026. 52-week low 8.93 on 23 Oct 2026. Last 15 sessions, 23.2% high to low
Volume 0.77× normal · the line is the 50-bar volume average
Profile
COHNCohen & Co., Inc. engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds. The Principal Investing segment includes investments that made for the purpose of earning an investment return. The company was founded in 1999 and is headquartered in Philadelphia, PA.
| Employees | 126 |
|---|---|
| IPO | Mar 17, 2004 |
| Beta | 0.96 |
| ATR, 14d | 0.45 |
| Rel volume | 0.77 |
| Short float | 1.07% |
| Insider own | 26.90% |
| Inst own | 6.35% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 35.52M |
| Enterprise Value | 531.24M |
| Income | 17.76M |
| Sales | 427.22M |
| Book/sh | 19.58 |
| Cash/sh | 12.41 |
| Dividend Est. | - |
| Dividend TTM | 0.97 (8.86%) |
| Dividend Ex-Date | Aug 19, 2026 |
| Dividend Gr. 3/5Y | 0.00% - |
| Payout | 22.99% |
| Employees | 126 |
| IPO | Mar 17, 2004 |
Ratios
| P/E | 2.03 |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.08 |
| P/B | 0.56 |
| P/C | 0.89 |
| P/FCF | 0.10 |
| EV/EBITDA | 5.52 |
| EV/Sales | 1.24 |
| Quick Ratio | 1.06 |
| Current Ratio | 1.06 |
| Debt/Eq | 7.74 |
| LT Debt/Eq | 0.69 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | 5.42 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | - -10.71% |
| Sales past 3/5Y | 67.11% 19.63% |
| EPS Y/Y TTM | 762.68% |
| Sales Y/Y TTM | 111.47% |
| EPS Q/Q | 15.80% |
| Sales Q/Q | -58.82% |
| Earnings | Nov 12 BMO |
| EPS/Sales Surpr. | 285.71% 72.42% |
Ownership
| Insider Own | 26.90% |
|---|---|
| Insider Trans | -1.00% |
| Inst Own | 6.35% |
| Inst Trans | 0.62% |
| ROA | 1.84% |
| ROE | 33.31% |
| ROIC | 16.62% |
| Gross Margin | 95.38% |
| Oper. Margin | 22.35% |
| Profit Margin | 4.16% |
| SMA20 | 10.99% |
| SMA50 | 7.84% |
| SMA200 | -18.45% |
| Trades | - |
Technical
| Shs Outstand | 3.23M |
|---|---|
| Shs Float | 2.36M |
| Short Float | 1.07% |
| Short Ratio | 1.81 |
| Short Interest | 0.03M |
| 52W High | 29.34 -62.50% |
| 52W Low | 8.93 23.15% |
| Volatility | 5.24% 4.60% |
| ATR (14) | 0.45 |
| RSI (14) | 64.40 |
| Beta | 0.96 |
| Rel Volume | 0.77 |
| Avg Volume | 13.89K |
| Volume | 10,749 |
Performance
| Perf Week | 7.53% |
|---|---|
| Perf Month | 5.57% |
| Perf Quarter | -8.10% |
| Perf Half Y | -14.40% |
| Perf YTD | -48.14% |
| Perf Year | -4.36% |
| Perf 3Y | 61.47% |
| Perf 5Y | -28.88% |
| Perf 10Y | 3.78% |
| Recom | 1.00 |
| Target Price | 20.00 |
| Prev Close | 10.69 |
| Price | 11.00 |
| Change % | 2.90% |
Analyst ratings
latest 1 of 1| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jul 09, 2026 | Initiated | NNorthland Capital | Outperform | $20 | +81.8% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| DOMH | Dominari Holdings Inc | 21.69M |
| MDBH | MDB Capital Holdings LLC | 17.95M |
| SIEB | Siebert Financial Corp | 79.39M |
| OPY | Oppenheimer Holdings Inc | 970.43M |
| PIPR | Piper Sandler Co's | 4.68B |
| ATCH | AtlasClear Holdings Inc | 12.60M |
| JEF | Jefferies Financial Group Inc | 10.98B |
| PWP | Perella Weinberg Partners | 1.37B |
| NCPL | Netcapital Inc | 14.60M |
| GEG | Great Elm Group Inc | 66.32M |
Insider trading
7 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Pooler Joseph W. Jr. | EVP, CFO and Treasurer | Aug 05 '26 | Sale | 11.75 | 7,295 | 85,716 | 61,778 | Aug 07 05:08 PM |
| Pooler Joseph W. Jr. | EVP, CFO and Treasurer | Aug 06 '26 | Sale | 11.50 | 1,500 | 17,250 | 60,278 | Aug 07 05:08 PM |
| Pooler Joseph W. Jr. | Officer | Aug 06 '26 | Proposed Sale | 11.25 | 1,500 | 16,872 | Aug 06 04:26 PM | |
| Pooler Joseph W. Jr. | Officer | Aug 05 '26 | Proposed Sale | 11.57 | 7,295 | 84,409 | Aug 05 04:35 PM | |
| Pooler Joseph W. Jr. | EVP, CFO and Treasurer | Mar 19 '26 | Sale | 17.15 | 6,113 | 104,838 | 69,778 | Mar 23 11:42 AM |
| Pooler Joseph W. Jr. | EVP, CFO and Treasurer | Mar 20 '26 | Sale | 15.58 | 705 | 10,984 | 69,073 | Mar 23 11:42 AM |
| Pooler Joseph W. Jr. | Officer | Mar 19 '26 | Proposed Sale | 17.22 | 20,000 | 344,400 | Mar 19 03:28 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| BUSM | EA Bridgeway Ultra-Small Company Market ETF | AUM: 111.21M |
| DFAT | U.S. Targeted Value Portfolio-ETF Class Shares | AUM: 14.47B |
| DFAC | U.S. Core Equity 2 Portfolio-ETF Class Shares | AUM: 49.14B |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | AUM: 2.44B |
| DFSU | Dimensional US Sustainability Core 1 ETF | AUM: 2.38B |
| DXUV | US Vector Equity Portfolio ETF Class Shares | AUM: 665.71M |
| DCOR | US Core Equity 1 Portfolio ETF Class Shares | AUM: 3.65B |
News
latest 14 of 200- Cohen & Company Faces SPAC Cycle Test As Street Braces For Steep Revenue Drop (Earnings Whispers) +6.37%
- Cohen & Company Sets Release Date for Third Quarter 2026 Financial Results (GlobeNewswire)
- Elroy Air and Inflection Point Acquisition Corp. VII Announce Effectiveness of Registration Statement Ahead of Planned Business Combination and Nasdaq Listing (Business Wire)
- Elroy Air Names Jeremy Hux as Chief Financial Officer as it Prepares to Go Public (Business Wire)
- Cohen & Company Capital Markets Launches Private Credit Advisory Practice (PR Newswire)
- Elroy Air Announces Upsizing of PIPE Investments to $175 Million with Participation from Lockheed Martin Ventures (Business Wire)
- Dan Ives Launches $200M Fund To Back AI Startups (Benzinga Private Markets)
- Will Bitcoin become legal tender in the U.S.? Plus, why crypto isnt waiting for CLARITY (CoinDesk)
- Elroy Air Announces Bristow's Reservation of 10 Additional Early Delivery Positions for Chaparral Aircraft (Business Wire)
- Elroy Air Completes the First Uncrewed Autonomous Flights Under U.S. DOT and FAA's eVTOL Integration Pilot Program (eIPP) (Business Wire)
- Elroy Air Awarded $46M U.S. Army Contract (Business Wire)
- Elroy Air and Columbus Circle Capital Corp II Announce Confidential Submission of Draft Registration Statement on Form S-4 in Connection with Proposed Business Combination (Business Wire)
- Cohen & Company Reports Second Quarter 2026 Financial Results (GlobeNewswire) +9.21%
- Cohen & Company Sets Release Date for Second Quarter 2026 Financial Results (GlobeNewswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-12 | - | 0.420 | - | - | 40.80 | 1 |
| 2026Q2 | 2026-08-03 | 1.620 | 0.420 | 0.940 | 69.49 | 40.30 | 1 |
| 2026Q1 | 2026-05-01 | 0.650 | - | 0.423 | 57.90 | - | - |
| 2025Q4 | 2026-03-06 | - | - | 1.480 | 102.74 | - | - |
| 2025Q3 | 2025-11-04 | - | - | 2.580 | 84.21 | - | - |
| 2025Q2 | 2025-07-31 | 0.940 | - | 0.810 | 59.87 | - | - |
| 2025Q1 | 2025-05-01 | - | - | 0.190 | 28.74 | - | - |
| 2024Q4 | 2025-03-10 | - | - | -1.210 | 18.54 | - | - |
| 2024Q3 | 2024-11-04 | - | - | 1.310 | 31.70 | - | - |
| 2024Q2 | 2024-08-05 | - | - | -1.470 | 10.80 | - | - |
| 2024Q1 | 2024-05-06 | - | - | 1.280 | 18.56 | - | - |
| 2023Q4 | 2024-03-06 | - | - | 2.970 | 34.46 | - | - |
| 2023Q3 | 2023-11-02 | - | - | -0.280 | 17.12 | - | - |
| 2023Q2 | 2023-08-02 | - | - | -4.340 | 22.57 | - | - |
| 2023Q1 | 2023-05-04 | - | - | -1.770 | 8.82 | - | - |
| 2022Q4 | 2023-03-07 | - | - | -2.100 | 12.45 | - | - |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2015FY | -2.800 | -2.800 | -2.800 | 46.16 | 46.16 |
| 2016FY | 1.900 | - | 1.900 | 55.35 | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-08-03 | 1 | 0 | 0 | 40.80 | 40.80 | 40.80 |
| 2026Q3 | S | 2026-07-08 | 1 | 0 | 0 | 40.80 | 40.80 | 40.80 |
| 2026Q3 | R | 2026-08-03 | 1 | 0 | 0 | 0.35 | 0.35 | 0.35 |
| 2026Q3 | R | 2026-07-08 | 1 | 0 | 0 | 0.35 | 0.35 | 0.35 |
| 2026Q3 | E | 2026-08-03 | 1 | 0 | 0 | 0.42 | 0.42 | 0.42 |
| 2026Q3 | E | 2026-07-08 | 1 | 0 | 0 | 0.42 | 0.42 | 0.42 |
| 2026Q2 | S | 2026-07-08 | 1 | 0 | 0 | 40.30 | 40.30 | 40.30 |
| 2026Q2 | R | 2026-07-08 | 1 | 0 | 0 | 0.35 | 0.35 | 0.35 |
| 2026Q2 | E | 2026-07-08 | 1 | 0 | 0 | 0.42 | 0.42 | 0.42 |
Estimate history
| EPS, annual | 1.6 | -2.138 | -1.808 | 7.664 | 7.827 | -9.426 | -3.378 | -0.08 | 4.349 | 5.4151 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -1.471 | 1.309 | -1.197 | 0.192 | 0.808 | 2.576 | 1.482 | 0.423 | 0.935 | |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
| Sales, annual | 59.165 | 110.632 | 211.259 | 190.244 | 143.81 | 99.914 | 95.596 | 145.71 | 466.231 | 427.22 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 19.679 | 37.89 | 49.905 | 52.901 | 61.329 | 254.446 | 97.541 | 49.98 | 25.254 | |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
| Shares, annual | 1.213 | 1.204 | 1.194 | 1.326 | 1.697 | 1.774 | 1.894 | 2.04 | 2.13 | 3.229 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 1.95 | 1.95 | 2.04 | 2.055 | 2.036 | 2.036 | 2.13 | 2.478 | 3.229 | |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 427.22 | 466.23 | 145.71 | 95.60 | 99.91 | 143.81 | 190.24 | 211.26 | 110.63 |
| Total Expenses | 331.75 | 368.88 | 115.39 | 57.40 | 93.83 | 63.75 | 73.83 | 39.10 | 39.53 |
| Operating Income | 95.47 | 97.36 | 30.32 | 38.20 | 6.09 | 80.06 | 116.41 | 172.16 | 71.11 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.88 | - | - |
| Net Income Before Taxes | 44.36 | 39.50 | 7.86 | 15.94 | -53.88 | 70.50 | 29.78 | -4.10 | -4.83 |
| Income Taxes | -1.58 | -0.63 | -0.33 | 5.54 | 4.79 | -3.54 | -8.67 | -0.52 | -0.84 |
| Consolidated Net Income | 45.94 | 40.13 | 8.19 | 10.40 | -58.67 | 74.04 | 38.45 | -3.57 | -3.99 |
| Net Income From Continuing Operations | 17.76 | 14.43 | -0.13 | -5.11 | -13.39 | 11.81 | 14.21 | -2.05 | -2.46 |
| Net Income | 17.76 | 14.43 | -0.13 | -5.11 | -13.39 | 11.81 | 14.21 | -2.05 | -2.46 |
| EPS (Recurring) | 5.29 | 4.35 | -0.08 | -3.38 | -9.43 | 7.83 | 8.75 | -1.81 | -2.14 |
| EPS (Basic, Before Extraordinaries) | 9.69 | 8.33 | -0.08 | -3.38 | -9.43 | 9.95 | 12.56 | -1.81 | -2.14 |
| EPS (Diluted) | 5.42 | 4.35 | -0.08 | -3.38 | -9.43 | 7.83 | 7.66 | -1.81 | -2.14 |
| Non-Operating Income (Expense) | -21.31 | -16.76 | 21.70 | 15.61 | -21.28 | 38.65 | -2.96 | -0.55 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 16.55 | 15.97 | 3.69 | 3.47 | 3.47 | 12.42 | 9.16 | 0.54 | 0.49 |
| Price To Earnings Ratio | 2.03 | 2.03 | 2.28 | - | - | 1.86 | 2.07 | - | - |
| Price To Sales Ratio | 0.20 | 0.30 | 0.11 | 0.11 | 0.12 | 0.54 | 0.44 | 0.03 | 0.09 |
| Gross Margin | 95.38 | 96.43 | 93.00 | 90.03 | 91.16 | 92.57 | 94.63 | 95.27 | 91.97 |
| Operating Margin | 22.35 | 20.88 | 20.81 | 39.96 | 6.09 | 55.67 | 61.19 | 81.49 | 64.27 |
| Net Margin | 4.16 | 3.10 | -0.09 | -5.35 | -13.40 | 8.21 | 7.47 | -0.97 | -2.23 |
| Shares Outstanding | 3.23 | 2.13 | 2.04 | 1.89 | 1.77 | 1.70 | 1.33 | 1.19 | 1.20 |
| Market Capitalization | 35.52 | 35.52 | 18.16 | 10.90 | 12.89 | 20.81 | 18.78 | 4.07 | 8.83 |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 25.25 | 49.98 | 97.54 | 254.45 | 61.33 | 52.90 | 49.91 | 37.89 |
| Total Expenses | 8.09 | 41.02 | 61.06 | 221.57 | 42.58 | 43.64 | 45.95 | 21.52 |
| Operating Income | 17.16 | 8.96 | 36.48 | 32.87 | 18.75 | 9.26 | 3.96 | 16.37 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 8.06 | 3.27 | 23.50 | 9.52 | 5.40 | 1.08 | -7.64 | 5.28 |
| Income Taxes | 0.14 | -0.18 | -2.27 | 0.73 | 0.77 | 0.14 | -0.76 | 0.14 |
| Consolidated Net Income | 7.92 | 3.45 | 25.78 | 8.79 | 4.63 | 0.94 | -6.88 | 5.14 |
| Net Income From Continuing Operations | 3.57 | 1.49 | 8.10 | 4.59 | 1.41 | 0.33 | -1.95 | 2.15 |
| Net Income | 3.57 | 1.49 | 8.10 | 4.59 | 1.41 | 0.33 | -1.95 | 2.15 |
| EPS (Recurring) | 0.94 | 0.42 | 1.48 | 2.58 | 0.81 | 0.19 | -1.20 | 1.31 |
| EPS (Basic, Before Extraordinaries) | 1.58 | 0.82 | 4.65 | 2.64 | 0.81 | 0.19 | -1.20 | 1.32 |
| EPS (Diluted) | 0.94 | 0.42 | 1.48 | 2.58 | 0.81 | 0.19 | -1.20 | 1.31 |
| Non-Operating Income (Expense) | -3.04 | -0.53 | -5.08 | -12.66 | -1.44 | 2.42 | -0.66 | -0.68 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.31 | 1.02 | 13.37 | 0.85 | 0.83 | 0.91 | 0.96 | 0.91 |
| Price To Earnings Ratio | 2.03 | 2.85 | 8.92 | 9.08 | - | - | 2.28 | 3.03 |
| Price To Sales Ratio | 0.20 | 0.20 | 0.31 | 0.16 | 0.29 | 0.30 | 0.12 | 0.36 |
| Gross Margin | 84.99 | 91.69 | 90.94 | 98.84 | 95.92 | 95.57 | 94.37 | 92.52 |
| Operating Margin | 67.96 | 17.92 | 37.40 | 12.92 | 30.56 | 17.50 | 7.93 | 43.21 |
| Net Margin | 14.15 | 2.99 | 8.31 | 1.81 | 2.30 | 0.62 | -3.91 | 5.67 |
| Shares Outstanding | 3.23 | 2.48 | 2.13 | 2.04 | 2.04 | 2.05 | 2.04 | 1.95 |
| Market Capitalization | 35.52 | 36.95 | 43.18 | 20.53 | 241.76 | 15.12 | 18.16 | 14.72 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 56.76 | 19.59 | 10.65 | 29.10 | 50.57 | 42.00 | 8.30 | 14.11 | 22.93 |
| Short Term Receivables | 414.60 | 722.09 | 482.08 | 592.88 | 3,251.04 | 5,776.40 | 7,643.88 | 7,775.58 | 1,788.81 |
| Investment Securities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Securities In Custody | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 186.52 | 180.77 | 250.44 | 223.86 | 277.82 | 299.94 | 320.49 | 313.08 | 215.12 |
| Investment in Unconsolidated Affiliates | 17.98 | 26.25 | 17.35 | 12.39 | 51.69 | 15.05 | 6.02 | 1.93 | 0.00 |
| Net Property, Plant & Equipment | 17.91 | 17.52 | 8.82 | 11.12 | 11.73 | 6.86 | 8.07 | 1.13 | 0.39 |
| Deferred Tax Assets | 4.13 | 2.26 | 1.58 | 6.93 | 11.51 | 13.07 | 6.57 | 5.32 | 4.76 |
| Other Intangible Assets | 2.69 | 2.67 | 1.84 | 10.77 | 1.95 | 1.74 | 14.85 | 9.81 | 9.00 |
| Total Assets | 700.59 | 971.15 | 772.76 | 887.05 | 3,656.30 | 6,155.05 | 8,008.20 | 8,120.95 | 2,041.02 |
| Total Debt | 450.25 | 747.45 | 454.00 | 500.14 | 3,233.58 | 5,778.80 | 7,607.98 | 7,732.75 | 1,753.19 |
| Long Term Debt | 46.98 | 49.43 | 35.76 | 36.78 | 52.48 | 46.10 | 48.20 | 43.54 | 52.66 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | - | - | - | 5.67 | 7.91 | 7.33 | 7.62 |
| Other Liabilities | 147.25 | 133.42 | 226.96 | 292.89 | 271.29 | 269.14 | 343.55 | 338.43 | 232.06 |
| Total Liabilities | 597.50 | 880.87 | 680.96 | 793.03 | 3,504.87 | 6,053.61 | 7,959.44 | 8,078.51 | 1,992.86 |
| Preferred Stock - Carrying Value | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 |
| Common Equity | 51.05 | 41.70 | 41.66 | 46.71 | 61.91 | 43.88 | 33.29 | 35.77 | 39.87 |
| Total Shareholders Equity | 51.08 | 41.73 | 41.68 | 46.74 | 61.94 | 43.91 | 33.32 | 35.77 | 39.87 |
| Accumulated Minority Interest | 52.01 | 48.55 | 50.12 | 47.29 | 89.49 | 57.53 | 15.44 | 6.66 | 8.28 |
| Total Equity | 103.09 | 90.28 | 91.80 | 94.03 | 151.43 | 101.44 | 48.76 | 42.44 | 48.16 |
| Total Liabilities & Stockholders Equity | 700.59 | 971.15 | 772.76 | 887.05 | 3,656.30 | 6,155.05 | 8,008.20 | 8,120.95 | 2,041.02 |
| Book Value Per Share | 23.97 | 20.44 | 22.00 | 26.33 | 36.47 | 33.11 | 27.89 | 29.70 | 32.87 |
| Tangible Book Value Per Share | 23.84 | 20.31 | 21.85 | 26.17 | 36.31 | 32.90 | 21.06 | 22.93 | 26.14 |
| Full-Time Employees | 126 | 113 | 118 | 121 | 118 | 87 | 94 | 88 | 88 |
| Price to Book Ratio | 0.56 | 0.42 | 0.29 | 0.26 | 0.35 | 0.43 | 0.12 | 0.24 | 0.22 |
| Return on Assets | 1.73 | -0.01 | -0.62 | -0.59 | 0.24 | 0.20 | -0.03 | -0.05 | 0.16 |
| Return on Equity | 31.10 | -0.31 | -11.57 | -24.76 | 22.31 | 36.79 | -5.95 | -6.51 | 5.25 |
| Return on Invested Capital | 14.72 | -0.14 | -6.60 | -16.03 | 10.32 | 15.78 | -2.52 | -3.11 | 2.23 |
| Quick Ratio | 1.11 | 1.07 | 1.05 | 1.10 | 1.02 | 1.01 | 1.01 | 1.01 | 1.04 |
| Current Ratio | 1.11 | 1.07 | 1.05 | 1.10 | 1.02 | 1.01 | 1.01 | 1.01 | 1.04 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | -16.46 | 2.22 | 0.66 | -25.25 | -4.32 | 12.73 | 9.41 | -3.59 | -7.68 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 371.76 | 314.35 | -281.60 | 69.98 | 2,616.04 | 2,510.47 | 1,821.85 | 174.24 | -5,534.26 |
| Cash from Operating Activities | 355.30 | 316.57 | -280.94 | 44.73 | 2,611.72 | 2,523.20 | 1,831.26 | 170.65 | -5,541.95 |
| Capital Expenditures | -1.21 | -1.25 | -1.25 | -0.37 | -0.57 | -1.03 | -0.22 | -0.10 | -1.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -321.49 | -267.55 | 245.19 | -107.69 | -2,561.43 | -2,546.46 | -1,886.49 | -179.73 | 5,537.58 |
| Purchase of Investments | -360.80 | -333.70 | -125.29 | -237.56 | -2,675.06 | -2,769.55 | -2,007.11 | -192.39 | -125.84 |
| Sale Or Maturity of Investments | 39.31 | 66.14 | 370.49 | 129.87 | 113.64 | 223.10 | 120.62 | 12.66 | 5,663.42 |
| Other Uses | 0.00 | -0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -314.75 | -261.30 | 306.26 | -47.06 | -2,621.41 | -2,510.32 | -1,788.31 | -179.83 | 5,536.58 |
| Cash Dividends Paid | -4.00 | -2.13 | -1.87 | -1.75 | -2.56 | -0.67 | -0.03 | -0.52 | -0.97 |
| Change in Capital Stock | 2.39 | 0.00 | 0.15 | 0.00 | 0.00 | 8.22 | -2.14 | -0.30 | -0.77 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.86 | -2.14 | -0.30 | -0.77 |
| Sale of Common Pref Stock | 2.39 | 0.00 | 0.15 | 0.00 | 0.00 | 9.08 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 2.39 | 0.00 | 0.15 | 0.00 | 0.00 | 9.08 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -4.50 | -2.57 | -2.57 | 0.00 | 0.00 | -6.40 | 10.91 | 4.54 | -0.96 |
| Change in Long Term Debt | - | -2.57 | -2.57 | 0.00 | 0.00 | -6.40 | 10.91 | 4.54 | -0.96 |
| Issuance of Long Term Debt | - | - | - | 15.00 | 2.25 | 17.50 | 33.33 | 6.04 | 0.50 |
| Reduction of Long Term Debt | - | -2.57 | -2.57 | -15.00 | -2.25 | -23.90 | -22.42 | -1.50 | -1.46 |
| Net Financing Active Other Cash Flow | -17.70 | -14.31 | -11.77 | -14.56 | -8.96 | -5.08 | -0.09 | -0.34 | -0.50 |
| Other Financing Activities Uses | -17.70 | -14.31 | -11.77 | -14.56 | -8.96 | -5.08 | -0.09 | -0.34 | -0.50 |
| Cash from Financing Activities | -26.48 | -19.02 | -16.06 | -16.31 | -11.51 | -3.93 | -9.68 | 3.39 | -3.20 |
| Exchange Rate Effect | 0.03 | 0.92 | -0.32 | 0.19 | -0.27 | -0.38 | 0.42 | -0.01 | -0.26 |
| Net Change in Cash | 14.10 | 37.17 | 8.94 | -18.45 | -21.47 | 8.57 | 33.69 | -5.80 | -8.83 |
| Free Cash Flow | 354.09 | 315.32 | -282.19 | 44.36 | 2,611.15 | 2,522.17 | 1,831.04 | 170.55 | -5,542.95 |
| Price to Free Cash Flow | 0.24 | 0.45 | - | 0.24 | 0.00 | 0.03 | 0.05 | 0.04 | - |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 40.09 | 18.99 | 56.76 | 54.69 | 26.00 | 13.98 |
| Short Term Receivables | 474.39 | 413.33 | 414.60 | 468.75 | 838.39 | 725.03 |
| Investments | 243.96 | 205.21 | 186.52 | 204.97 | 218.97 | 190.16 |
| Investment in Unconsolidated Affiliates | 17.46 | 22.05 | 17.98 | 23.25 | 27.24 | 26.98 |
| Net Property, Plant & Equipment | 17.37 | 17.86 | 17.91 | 18.10 | 17.03 | 17.17 |
| Deferred Tax Assets | 4.54 | 4.13 | 4.13 | 1.34 | 1.77 | 2.17 |
| Other Intangible Assets | 2.56 | 2.57 | 2.69 | 2.76 | 2.25 | 2.56 |
| Total Assets | 800.38 | 684.14 | 700.59 | 773.85 | 1,131.65 | 978.05 |
| Total Debt | 489.74 | 447.73 | 450.25 | 507.14 | 865.17 | 759.00 |
| Long Term Debt | 43.57 | 43.11 | 46.98 | 49.41 | 47.68 | 49.83 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 201.34 | 136.26 | 147.25 | 165.66 | 174.03 | 133.39 |
| Total Liabilities | 691.08 | 583.99 | 597.50 | 672.80 | 1,039.19 | 892.39 |
| Preferred Stock - Carrying Value | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Common Equity | 63.23 | 51.50 | 51.05 | 47.81 | 43.33 | 41.98 |
| Total Shareholders Equity | 63.26 | 51.52 | 51.08 | 47.84 | 43.36 | 42.00 |
| Accumulated Minority Interest | 46.04 | 48.62 | 52.01 | 53.21 | 49.10 | 43.66 |
| Total Equity | 109.30 | 100.15 | 103.09 | 101.05 | 92.46 | 85.66 |
| Total Liabilities & Stockholders Equity | 800.38 | 684.14 | 700.59 | 773.85 | 1,131.65 | 978.05 |
| Book Value Per Share | 19.58 | 20.78 | 23.97 | 23.49 | 21.28 | 20.43 |
| Tangible Book Value Per Share | 19.50 | 20.67 | 23.84 | 23.35 | 21.15 | 20.30 |
| Full-Time Employees | - | - | 126 | - | - | - |
| Price to Book Ratio | 0.56 | 0.73 | 0.90 | 0.47 | 0.44 | 0.36 |
| Return on Assets | 1.84 | 1.88 | 1.73 | 0.55 | 0.20 | -0.18 |
| Return on Equity | 33.31 | 33.35 | 31.10 | 9.56 | 4.55 | -4.25 |
| Return on Invested Capital | 3.35 | 1.58 | 8.26 | 4.72 | 1.55 | 0.36 |
| Quick Ratio | 1.06 | 1.09 | 1.11 | 1.09 | 1.05 | 1.07 |
| Current Ratio | 1.06 | 1.09 | 1.11 | 1.09 | 1.05 | 1.07 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Funds from Operations | -26.88 | -6.61 | 14.77 | 2.26 | -13.75 | -1.06 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -3.70 | -14.22 | 27.09 | 362.59 | -75.85 | 0.52 |
| Cash from Operating Activities | -30.58 | -20.83 | 41.86 | 364.85 | -89.60 | -0.54 |
| Capital Expenditures | -0.20 | -0.33 | -0.43 | -0.25 | -0.41 | -0.16 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 55.19 | -6.74 | -38.05 | -331.89 | 104.39 | -2.00 |
| Purchase of Investments | -23.64 | -21.22 | -60.86 | -255.08 | -1.84 | -15.92 |
| Sale Or Maturity of Investments | 78.83 | 14.47 | 22.81 | -76.81 | 106.23 | 13.91 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.43 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 54.99 | -7.07 | -30.54 | -332.14 | 103.97 | -2.60 |
| Cash Dividends Paid | 1.03 | -4.16 | -0.44 | -0.43 | -0.88 | -0.38 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 | - | - |
| Change in Capital Stock | 1.77 | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 1.77 | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 1.77 | 0.61 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | -4.50 | 2.57 | -2.57 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -6.05 | -1.66 | -9.15 | -0.84 | -2.03 | -2.29 |
| Other Financing Activities Uses | -6.05 | -1.66 | -9.15 | -0.84 | -2.03 | -2.29 |
| Cash from Financing Activities | -3.25 | -9.71 | -9.59 | -3.94 | -2.81 | -2.68 |
| Exchange Rate Effect | -0.06 | -0.16 | 0.34 | -0.08 | 0.45 | 0.21 |
| Net Change in Cash | 21.10 | -37.77 | 2.07 | 28.69 | 12.01 | -5.61 |
| Free Cash Flow | -30.77 | -21.16 | 41.43 | 364.60 | -90.01 | -0.70 |
| Price to Free Cash Flow | 0.24 | 0.32 | 0.46 | 0.38 | - | - |
Revenue breakdown
| Total Security Brokers, Dealers & Flotation Companies revenue | 2024: 79.60M 2025: 275.56M |
|---|---|
| Non-US | 2024: 7.03M 2025: 9.98M |
| United States | 2024: 72.57M 2025: 265.59M |
| Asset Management | 2024: 11.62M 2025: 10.61M |
| Capital Markets | 2024: 77.20M 2025: 234.96M |
| Principal Investing | 2024: -9.22M 2025: 30.00M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 1.07% | 0.0M | 2.4M | 17.24K |
| 2026-10-15 | 1.25% | 0.0M | 2.4M | 17.28K |
| 2026-09-30 | 0.95% | 0.0M | 2.4M | 19.10K |
| 2026-09-15 | 0.84% | 0.0M | 2.4M | 19.77K |
| 2026-08-31 | 0.88% | 0.0M | 2.4M | 17.05K |
| 2026-08-14 | 0.71% | 0.0M | 2.1M | 20.28K |
| 2026-07-31 | 0.80% | 0.0M | 2.1M | 22.91K |
| 2026-07-15 | 0.71% | 0.0M | 1.6M | 28.57K |
| 2026-06-30 | 1.10% | 0.0M | 1.7M | 28.84K |
| 2026-06-15 | 0.80% | 0.0M | 1.7M | 29.65K |
| 2026-05-29 | 1.65% | 0.0M | 1.7M | 31.14K |
| 2026-05-15 | 0.85% | 0.0M | 1.7M | 28.37K |
| 2026-04-30 | 0.75% | 0.0M | 1.7M | 22.74K |
| 2026-04-15 | 0.37% | 0.0M | 1.7M | 22.62K |
| 2026-03-31 | 0.49% | 0.0M | 1.5M | 36.99K |
| 2026-03-13 | 0.61% | 0.0M | 1.5M | 46.57K |
| 2026-02-27 | 1.16% | 0.0M | 1.2M | 46.85K |
| 2026-02-13 | 1.18% | 0.0M | 1.2M | 48.71K |
| 2026-01-30 | 1.72% | 0.0M | 1.2M | 53.53K |
| 2026-01-15 | 2.74% | 0.0M | 1.2M | 48.91K |
Option chain
expiry 2026-11-12| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-08-31 | 8-K | Current report | 2026-08-31 | SEC |
| 2026-08-07 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-05 | SEC |
| 2026-08-06 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-05 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-03 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-03 | 8-K | Current report | 2026-08-03 | SEC |
| 2026-07-17 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-17 | SEC |
| 2026-07-13 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-10 | SEC |
| 2026-07-10 | 8-K | Current report | 2026-07-10 | SEC |
| 2026-07-08 | 3 | Initial statement of beneficial ownership of securities | 2026-07-08 | SEC |
| 2026-06-30 | 8-K | Current report | 2026-06-26 | SEC |
| 2026-06-22 | 8-K | Current report | 2026-06-18 | SEC |
| 2026-06-04 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-06-03 | 8-K | Current report | 2026-06-03 | SEC |
| 2026-06-02 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-05-29 | CORRESP | SEC | ||
| 2026-05-28 | UPLOAD | Upload Submission | SEC | |
| 2026-05-27 | 8-K | Current report | 2026-05-27 | SEC |
| 2026-05-18 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-05-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-01 | 8-K | Current report | 2026-05-01 | SEC |
| 2026-04-24 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-23 | SEC |
| 2026-04-16 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-16 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-04-16 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-03 | SEC |
| 2026-03-31 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-30 | SEC |
| 2026-03-23 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-19 | SEC |
| 2026-03-19 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-03-06 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-03-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-06 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 102.97K | 2 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 115.82K | 2 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| BlackRock, Inc. | 1.25% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.18% |
| TWO SIGMA INVESTMENTS, LP | 1.06% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.68% |
| VANGUARD FIDUCIARY TRUST CO | 0.43% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.43% |
| CITADEL ADVISORS LLC | 0.41% |
| DIMENSIONAL FUND ADVISORS LP | 0.34% |
| Spire Wealth Management | 0.08% |
| WELLS FARGO & COMPANY/MN | 0.06% |
Funds
| Fund | % owned |
|---|---|
| AUER GROWTH | 1.64% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 0.66% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.43% |
| Ultra-Small Company Fund | 0.40% |
| iShares Micro-Cap ETF | 0.25% |
| Fidelity Extended Market Index Fund | 0.22% |
| Ultra-Small Company Market Fund | 0.18% |
| EA Bridgeway Omni Small-Cap Value ETF | 0.10% |
| Dimensional U.S. Targeted Value ETF | 0.10% |
| U.S. CORE EQUITY 2 PORTFOLIO | 0.07% |
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