Paul Tudor Jones sees potential market rally after late October
Cohen & Steers Inc. stock has reached a new 52-week low, hitting a price of 68.82 USD. This milestone reflects the company’s ongoing challenges in the market over the past year. The investment management firm has experienced a significant decline, with its stock price dropping by 27.84% over the last 12 months. This downturn highlights the broader market pressures and specific industry challenges that Cohen & Steers has faced, impacting investor sentiment and stock performance.
In other recent news, Cohen & Steers Inc. reported its second-quarter 2025 financial results, missing earnings per share (EPS) expectations with an EPS of $0.73 compared to the forecasted $0.76. However, the company exceeded revenue expectations, reporting $136.13 million against a projected $133.19 million. Meanwhile, the company declared a quarterly dividend of $0.62 per share for the third quarter of 2025, with payment scheduled for August 21. Additionally, Cohen & Steers amended its $100 million credit facility with Bank of America, extending the maturity to August 15, 2029. This amendment updates the senior unsecured revolving credit facility, with Bank of America acting as the administrative agent. In a leadership change, CFO Raja Dakkuri is set to resign on October 17, 2025, with Michael Donohue appointed as Interim CFO. The company has initiated a search for a permanent successor, considering both internal and external candidates. These developments highlight the company’s ongoing financial and operational adjustments.
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