Sector: Financials | Industry: Investment Management & Fund Operators |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1166 Avenue Of The Americas, 30Th Floor NEW YORK NY 10036 |
Tel: | N/A |
Website: | https://www.cohenandsteers.com |
IR: | See website |
Key People | ||
Robert H. Steers Executive Chairman of the Board | Daniel Noonan Executive Vice President, Head of Wealth Management Consulting Group | Martin Cohen Chairman of the Board |
Joseph M. Harvey President, Chief Executive Officer, Director | Raja A. Dakkuri Executive Vice President, Chief Financial Officer | Adam M. Derechin Chief Operating Officer, Executive Vice President |
Brandon Brown Chief Human Resource Officer, Executive Vice President | Jon Y. Cheigh Executive Vice President, Chief Investment Officer | Francis C. Poli Executive Vice President, General Counsel, Corporate Secretary | Daniel P. Charles Executive Vice President and Head of Global Distribution |
Business Overview |
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Company's distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end. |
Financial Overview |
For the six months ended 30 June 2024, Cohen & Steers, Inc. revenues decreased 1% to $244.4M. Net income decreased 2% to $65.8M. Revenues reflect United States segment decrease of 1% to $212.9M, Japan segment decrease of 5% to $15.3M. Net income also reflects Employee compensation and benefits increase of 8% to $105.1M (expense), Depreciation and amortization increase from $1.8M to $4.5M (expense). |
Employees: | 405 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $4,621M as of Jun 30, 2024 |
Annual revenue (TTM): | $487.36M as of Jun 30, 2024 |
EBITDA (TTM): | $173.30M as of Jun 30, 2024 |
Net annual income (TTM): | $127.73M as of Jun 30, 2024 |
Free cash flow (TTM): | $8.62M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 50,551,178 as of Jul 31, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |