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.

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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.

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Cohen & Steers, Inc. (CNS) Q3 2023 Earnings Call Transcript

NEW YORK , Oct. 18, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported its results for the quarter ended September 30, 2023. The earnings release along with the accompanying earnings presentation can be viewed at Cohen & Steers Reports Results for Third Quarter 2023 and on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive.

COHEN & STEERS REPORTS RESULTS FOR THIRD QUARTER 2023

NEW YORK , Oct. 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release third quarter 2023 results after the market closes on Wednesday, October 18, 2023. The earnings release and accompanying earnings presentation will be available on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive.

Cohen & Steers, Inc. to Release Third Quarter 2023 Results on October 18, 2023

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Cohen & Steers (CNS) records a 6.1% sequential decline in September AUM due to market depreciation and net outflows.

Cohen & Steers' (CNS) September AUM Falls on Unfavorable Markets

NEW YORK , Oct. 9, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $75.2 billion as of September 30, 2023, a decrease of $4.9 billion from assets under management at August 31, 2023. The decrease was due to market depreciation of $4.3 billion, net outflows of $290 million and distributions of $283 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For September 2023

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Rise of the Underdogs: 3 Oversold Stocks Making a Comeback

NEW YORK , Sept. 26, 2023 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for October, November, and December 2023, 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. $0.131 PSF Cohen & Steers Select Preferred and Income Fund, Inc. $0.126 PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund $0.134 RFI Cohen & Steers Total Return Realty Fund, Inc. $0.080 RLTY Cohen & Steers Real Estate Opportunities and Income Fund $0.110 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 October Oct. 10, 2023 Oct. 11, 2023 Oct. 31, 2023 November Nov. 14, 2023 Nov. 15, 2023 Nov. 30, 2023 December Dec. 12, 2023 Dec. 13, 2023 Dec. 29, 2023   Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, Cohen & Steers Real Estate Opportunities and Income Fund, Cohen & Steers Limited Duration Preferred and Income Fund, Inc., and Cohen & Steers Select Preferred and Income Fund, Inc. pay regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time.

Cohen & Steers Closed-End Funds Declare Distributions for October, November, and December 2023

NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that effective January 1, 2024, Jason Yablon will be promoted to Head of Listed Real Estate.

Cohen & Steers to Promote Jason Yablon as Head of Listed Real Estate

Cohen & Steers (CNS) records a 2.8% sequential decline in August 2023 AUM because of market depreciation and distributions.

Cohen & Steers' (CNS) August AUM Falls on Unfavorable Markets

NEW YORK , Sept. 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.0 billion as of August 31, 2023, a decrease of $2.3 billion from assets under management at July 31, 2023.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for August 2023

Cohen & Steers has recently made a significant new hire for its new Singapore office, and the company has plans to expand its office in Tokyo. Cohen & Steers' recent financial metrics indicate that the company has done well in terms of optimizing general & administrative and staff expenses. I revise my rating for Cohen & Steers stock to a Buy, as I think CNS deserves to be valued by the market at higher multiples.

Cohen & Steers: Focus On Asia Expansion And Cost Management (Rating Upgrade)

Cohen & Steers (CNS) reports a rise in AUM for July on market appreciation and net inflows.

Cohen & Steers (CNS) Records 2.4% Sequential Rise in July AUM

NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $82.3 billion as of July 31, 2023, an increase of $1.9 billion from assets under management at June 30, 2023. The increase was due to net inflows of $231 million and market appreciation of $1.9 billion, partially offset by distributions of $162 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2023

Cohen & Steers, Inc. (NYSE:CNS ) Q2 2023 Earnings Conference Call July 20, 2023 10:00 AM ET Company Participants Brian Heller – Senior Vice President and Corporate Counsel Matt Stadler – Chief Financial Officer Jon Cheigh – Chief Investment Officer Joe Harvey – Chief Executive Officer Conference Call Participants John Dunn – Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers' Second Quarter 2023 Earnings Conference Call.

Cohen & Steers, Inc. (CNS) Q2 2023 Earnings Call Transcript

NEW YORK , July 19, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported its results for the quarter ended June 30, 2023. The earnings release along with the accompanying earnings presentation can be viewed at Cohen & Steers Reports Results for Second Quarter 2023 and on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive.

COHEN & STEERS REPORTS RESULTS FOR SECOND QUARTER 2023

NEW YORK , July 12, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release second quarter 2023 results after the market closes on Wednesday, July 19, 2023. The earnings release and accompanying earnings presentation will be available on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive.

Cohen & Steers, Inc. to Release Second Quarter 2023 Results on July 19, 2023

Cohen & Steers (CNS) reports a rise in AUM for June on favorable market performance.

Cohen & Steers' (CNS) June AUM Improves on Upbeat Markets

NEW YORK , July 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.4 billion as of June 30, 2023, an increase of $2.6 billion from assets under management at May 31, 2023. The increase was due to net inflows of $36 million and market appreciation of $2.9 billion, partially offset by distributions of $391 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For June 2023

Cohen & Steers Select Preferred and Income Fund

NEW YORK , June 29, 2023 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE: PSF) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2023 and cumulative distributions paid fiscal year-to-date. In December 2016, the Fund implemented a managed distribution policy (the Plan) in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) Notification of Sources of Distribution Under Section 19(a)

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

NEW YORK , June 29, 2023 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE: LDP) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2023 and cumulative distributions paid fiscal year-to-date. In December 2016, the Fund implemented a managed distribution policy (the Plan) in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , June 28, 2023 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for July, August, and September 2023, 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. $0.131 PSF Cohen & Steers Select Preferred and Income Fund, Inc. $0.126 PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund $0.134 RFI Cohen & Steers Total Return Realty Fund, Inc. $0.080 RLTY Cohen & Steers Real Estate Opportunities and Income Fund $0.110 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      July Jul. 11, 2023 Jul. 12, 2023 Jul. 31, 2023 August Aug. 15, 2023 Aug. 16, 2023 Aug. 31, 2023 September Sept. 12, 2023 Sept.

Cohen & Steers Closed-End Funds Declare Distributions for July, August, and September 2023

Cohen & Steers, Inc.'s assets under management decreased by -3.8% month-on-month in May 2023 due to its significant real estate exposure, and this explains the stock's -15.4% year-to-date share price drop. But the favorable outlook for real estate in the long run remains intact, notwithstanding the short-term pain for Cohen & Steers. I continue to rate Cohen & Steers stock as a Hold, considering both the weak near-term prospects and the good long-term growth potential for the company.

Cohen & Steers: It's All About Real Estate

News for Cohen & Steers Stock (CNS)