Cohen & Steers

Cohen & Steers, Inc. is a holding company which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds and closed-end funds. The company was founded by Martin Cohen and Robert Hamilton Steers in 1986 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cohen & Steers reports Q4 earnings, eyes controlled investments in 2023

Cohen & Steers reported Q4 earnings with a slight decrease in earnings per share but a growth in assets under management. The firm is focusing on controlled investments in 2023, particularly in real estate and global markets.
Despite challenges like outflows and competition in the wealth channel, Cohen & Steers is capitalizing on market opportunities and gaining market share in the REIT space.

Cohen & Steers reports solid Q1 performance amidst market challenges

Cohen & Steers delivered solid Q1 performance with earnings of $0.76 per share and maintained a strong investment track record. Despite challenges like underperformance in certain sectors, the company is well-positioned to capitalize on opportunities in real estate debt lending and positive flows in REITs and preferred securities.
The company faces ongoing challenges from market volatility and a shift in economic outlook, necessitating strategic adjustments to navigate changing conditions. By leveraging its global presence and adaptability, Cohen & Steers aims to sustain growth and profitability amidst evolving macroeconomic dynamics.
With a focus on maintaining firm liquidity, engaging in strategic conversations, and exploring new revenue streams, Cohen & Steers demonstrates resilience and foresight in addressing challenges and seizing opportunities in the financial landscape.

Cohen & Steers reports Q2 earnings decline, eyes Asian expansion

Cohen & Steers faced a decrease in earnings but highlighted strong performance in major asset classes and the importance of real assets in portfolios. Challenges include expense management and outflows in the advisory channel, while opportunities lie in expanding into new markets and meeting growing demand in Asia.

Cohen & Steers reports Q3 challenges, strengths, and growth opportunities

Cohen & Steers faced challenges in Q3 with decreased earnings and AUM, yet maintained strong performance in preferred securities.
The company showcased strengths in private real estate investments and successful transitions to active mandates for excess returns.
Opportunities lie in market sectors like energy and infrastructure, with plans to leverage listed and private markets for portfolio enhancement.

Cohen & Steers reports Q4 earnings decline, eyes global real assets

Cohen & Steers navigated challenges of net outflows and lower earnings by focusing on investment performance and client-centric strategies.
Resilience in managing assets and commitment to client success position the company well for future growth.
Challenges in generating positive spreads and market dynamics require strategic adaptation and proactive risk management.
Opportunities in expanding investment universes and providing tailored advice offer avenues for enhancing client relationships and portfolio performance.

Cohen & Steers reports solid Q1 earnings, eyes wealth management growth

Cohen & Steers delivered solid financial results amidst market fluctuations. The company is focused on leveraging real assets in strategic asset allocation and addressing challenges in net outflows. Opportunities in wealth management expansion and real estate financing are key focus areas for growth.

Cohen & Steers reports resilient Q2 performance amidst market challenges

Cohen & Steers demonstrated solid financial performance in Q2, maintaining a competitive fee rate and delivering strong investment results. Despite facing net outflows and client challenges, the company remains focused on growth opportunities and strategic initiatives to navigate market shifts effectively.

Cohen & Steers reports strong Q3 earnings and eyes growth opportunities

Cohen & Steers delivered strong financial performance in Q3 2024, driven by robust AUM growth and positive investment market conditions.
While facing challenges such as margin impact and rising expenses, the firm is focused on capitalizing on opportunities in listed infrastructure and new investment initiatives.
Overall, Cohen & Steers remains well-positioned with a strong balance sheet, effective investment strategies, and a positive outlook for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK , June 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $94.3 billion as of May 31, 2022, a decrease of $3.7 billion from assets under management at April 30, 2022. The decrease was due to market depreciation of $3.0 billion, net outflows of $510 million and distributions of $183 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For May 2022

Disappointing markets performance hurts Cohen & Steers' (CNS) April AUM balance.

Cohen & Steers' (CNS) April AUM Down on Unfavorable Markets

NEW YORK , May 9, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $98.0 billion as of April 30, 2022, a decrease of $4.1 billion from assets under management at March 31, 2022. The decrease was due to market depreciation of $3.9 billion and distributions of $188 million, partially offset by net inflows of $3 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For April 2022

NEW YORK , May 3, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) has named Alicia E. Dee as Executive Vice President, Chief Human Resources Officer.

Cohen & Steers Appoints Alicia Dee as Chief Human Resources Officer

Cohen & Steers, Inc. (NYSE:CNS ) Q1 2022 Earnings Conference Call April 21, 2022 10:00 AM ET Company Representatives Joe Harvey - Chief Executive Officer Matt Stadler - Chief Financial Officer John Shay - Chief Investment Officer Brian Heller - Senior Vice President, Corporate Counsel Conference Call Participants John Dunn - Evercore ISI Alex Bond - KBW Marla Backer - Sidoti John Dunn - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers, First Quarter 2022 Earnings Conference Call.

Cohen & Steers, Inc. (CNS) CEO Joe Harvey on Q1 2022 Results - Earnings Call Transcript

NEW YORK , April 20, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported operating results for the three months ended March 31, 2022. The operating results along with the accompanying earnings presentation can be viewed at Cohen & Steers Reports Results for First Quarter 2022 and on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Press Releases.

COHEN & STEERS REPORTS RESULTS FOR FIRST QUARTER 2022

CNS reported good fourth-quarter results and the first-quarter results will also be positive. The company's investment assets are concentrated in real estate so as long as the U.S. real estate market is stable CNS will experience positive net inflows to its real estate.

Cohen & Steers: This Asset Manager Will Perform Well

NEW YORK , April 13, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release first quarter 2022 financial results after the market closes on Wednesday, April 20, 2022. The earnings release and accompanying earnings presentation will be available on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Press Releases.

Cohen & Steers, Inc. to Release First Quarter 2022 Financial Results on April 20, 2022

NEW YORK , April 11, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $102.1 billion as of March 31, 2022, an increase of $3.2 billion from assets under management at February 28, 2022. The increase was due to market appreciation of $4.1 billion, partially offset by net outflows of $593 million and distributions of $300 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For March 2022

Southwest Gas Hlds

NEW YORK , April 11, 2022 /PRNewswire/ -- Cohen & Steers Capital Management, Inc, an affiliate of Cohen & Steers, Inc. (NYSE: CNS) released the following statement regarding Southwest Gas Holdings (NYSE: SWX): As an investor in Southwest Gas Holdings ("SWX"), we are aware that IEP Utility Holdings LLC, a Delaware limited liability company and a wholly owned subsidiary of Icahn Enterprises Holdings L.P., a Delaware limited partnership, and Icahn Enterprises Holdings, along with other entities affiliated with Carl C.

Cohen & Steers Capital Management, Inc. Releases Statement on Southwest Gas Holdings

Coterra Energy

Enterprise Products Partners

Genuine Parts

Illinois Tool Works

Medifast

Procter & Gamble

Silicon Motion Technology

Texas Instruments

Dividends are a powerful tool that investors should employ to achieve a balance of total return and low volatility.

My Top 10 Dividend Payers For April

NEW YORK , March 30, 2022 /PRNewswire/ -- The Board of Trustees of the Cohen & Steers Real Estate Opportunities and Income Fund (RLTY) announced the Fund's first monthly distribution of $0.104 per common share in April 2022, as well as monthly distributions for May and June 2022. The distribution reflects an annualized distribution rate of 6.24% based on the $20.00 per share initial public offering (IPO) price.

Cohen & Steers Real Estate Opportunities and Income Fund (RLTY) Declares Monthly Distributions for April, May, and June 2022

NEW YORK , March 29, 2022 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for April, May, and June 2022, as summarized in the charts below: Ticker Fund Name Monthly Dividend FOF Cohen & Steers Closed-End Opportunity Fund, Inc. $0.087 LDP Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $0.135 PSF Cohen & Steers Select Preferred and Income Fund, Inc. $0.135 PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund $0.130 RFI Cohen & Steers Total Return Realty Fund, Inc. $0.080 RNP Cohen & Steers REIT and Preferred and Income Fund, Inc. $0.136 RQI Cohen & Steers Quality Income Realty Fund, Inc. $0.080 UTF Cohen & Steers Infrastructure Fund, Inc. $0.155 Distributions will be made on the following schedule: Month Ex-Date Record Date Payable Date April April 12, 2022 April 13, 2022 April 29, 2022 May May 10, 2022 May 11, 2022 May 31, 2022 June June 14, 2022 June 15, 2022 June 30, 2022 Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund pay regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time. The fund's distributions reflect net investment income, and may also include net realized capital gains and/or return of capital.

Cohen & Steers Closed-End Funds Declare Distributions for April, May, and June 2022

NEW YORK , March 24, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), announced today that it has established a partnership with Girls Who Invest, a non-profit organization whose mission is to transform the investment management industry by attracting and advancing women investors, changemakers and leaders. As part of the partnership, Cohen & Steers' investment department will host a Girls Who Invest Scholar during the firm's 2022 summer associate program.

Cohen & Steers Partners With Girls Who Invest

NEW YORK , March 17, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) has named Anthony Corriggio as Senior Vice President and Portfolio Manager for Cohen & Steers' Private Real Estate Group. In a newly created position reporting to James S.

Cohen & Steers Appoints Anthony Corriggio as Private Real Estate Group Portfolio Manager

NEW YORK , March 15, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that the Cohen & Steers Real Estate Securities Fund (CSDIX) and the Cohen & Steers Preferred Securities and Income Fund (CPXIX), collectively "the Funds," have received 2022 Refinitiv Lipper Fund Awards for their strong risk-adjusted performance for the 10-year period ending December 31, 2021. Jon Cheigh, Chief Investment Officer, said: The Refinitiv Lipper Fund Awards are a welcome affirmation of our investment team's efforts to deliver superior returns for investors—a mission we have stood by for the firm's 35-year history.

Cohen & Steers Funds Receive Refinitiv Lipper 10-Year Performance Awards

Cohen & Steers (CNS) records a 3.1% fall in AUM as of Feb 28, 2022.

Cohen & Steers' (CNS) February AUM Down on Unfavorable Markets

NEW YORK, March 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $98.9 billion as of February 28, 2022, a decrease of $3.2 billion from assets under management at January 31, 2022. The decrease was due to market depreciation of $3.5 billion and distributions of $197 million, partially offset by net inflows of $479 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For February 2022

Agnico Eagle Mines

Broadcom

Canadian Natural Resources

Global Industrial Co

Leggett & Platt

Magellan Midstream Partners

T. Rowe Price Group

My Top 10 Dividend Payer Picks For March

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), announced today the initial public offering of the Cohen & Steers Real Estate Opportunities and Income Fund (the "Fund"). The Fund raised approximately $305,000,000 in proceeds (excluding any exercise of the underwriters' option to purchase additional securities) in the initial public offering of 15,250,000 common shares at $20 per share.

Cohen & Steers Real Estate Opportunities and Income Fund (RLTY) Raises $305 Million

NEW YORK , Feb. 23, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that the Private Real Estate Group of Cohen & Steers Capital Management, Inc. ("Cohen & Steers") and CP Group, the second-largest office landlord in Atlanta, completed a joint venture acquisition of Buckhead Centre in Atlanta, Georgia. Situated on 4.5 acres along Peachtree Road in Atlanta's Buckhead Village neighborhood, Buckhead Centre is a two-building office project totaling 169,000 square feet with significant redevelopment potential.

Cohen & Steers and CP Group Complete Joint Venture Acquisition of 'Buckhead Centre' in Atlanta

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $102.1 billion as of January 31, 2022, a decrease of $4.6 billion from assets under management at December 31, 2021. The decrease was due to market depreciation of $5.4 billion and distributions of $200 million, partially offset by net inflows of $999 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For January 2022

Adobe

Palo Alto Networks

Visa

Western Digital

Although US stocks closed higher on the first trading day of February, there were a few notable insider trades. When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced.

Executives Sell Over $20M Of 5 Stocks

Cohen & Steers' (CNS) CEO Bob Steers on Q4 2021 Results - Earnings Call Transcript

NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported financial results for the three months and year ended December 31, 2021, including net income and earnings per share. The fourth quarter and full year 2021 earnings release and accompanying earnings presentation can be viewed at Cohen & Steers Reports Results for Fourth Quarter and Full Year 2021 and on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Press Releases.

News for Cohen & Steers Stock (CNS)