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Cohen & Steers Inc. - CNS STOCK NEWS

Welcome to our dedicated page for Cohen & Steers news (Ticker: CNS), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers stock.

Cohen & Steers Inc. (NYSE: CNS) is a premier global investment manager specializing in liquid real assets such as real estate securities, listed infrastructure, commodities, and natural resource equities. Founded in 1986, this New York City-headquartered firm also focuses on preferred securities and other income solutions. With additional offices in London, Hong Kong, Tokyo, and Seattle, Cohen & Steers operates a diversified, international portfolio.

The company's core business revolves around the management of equity shares of real estate investment trusts (REITs), both domestically and internationally. As of January 2024, real estate and related securities constitute nearly two-thirds of its total $79.3 billion in managed assets. The firm also offers dedicated portfolios for preferred securities, utilities stocks, and other high-yield investments.

Cohen & Steers maintains a balanced distribution of its managed assets across closed-end funds, open-end funds, and institutional accounts. In the past year, they have seen that 42% of their managed assets and 27% of base management fees come from institutional clients. Open-end funds account for 45% of managed assets and 52% of base management fees. Closed-end funds contribute 13% of managed assets and 21% of base management fees.

Recent Achievements and Current Projects

Recent quarterly earnings reports reflect positive growth and robust financial performance. The company consistently updates its stakeholders through earnings releases, conference calls, and detailed presentations available on their official website. Significant events include:

  • Quarterly earnings reports with comprehensive financial analyses.
  • Regular conference calls hosted by top executives including CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh.
  • Strategic initiatives such as 'at-the-market' equity offerings, recently adding over a million shares at an average price of $69.60, raising approximately $68.4 million for corporate purposes.

Partnerships and Market Position

The firm's collaborations with major financial institutions and investment platforms underscore its market leadership. For instance, Cohen & Steers recently ranked among the top companies in the S&P SmallCap 600 index, highlighting its growing influence and solid market reputation.

Investors can expect ongoing updates and opportunities through the firm’s comprehensive communication channels, including a wealth of resources and archival financial data available on their website.

Rhea-AI Summary
Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) provides shareholders with information about distributions and fiscal year-to-date cumulative distributions. The Fund implemented a managed distribution policy in 2011 to deliver long-term total return potential through regular monthly distributions. The policy allows flexibility to realize long-term capital gains and distribute those gains monthly. The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes. The estimated distribution for December 2023 and the cumulative distributions paid this fiscal year-to-date are detailed in the press release.
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Cohen & Steers Infrastructure Fund, Inc. (UTF) Announces Distribution Sources and Fiscal Year-to-Date Cumulative Distributions
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Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) provides information on the distribution to be paid on December 29, 2023, and cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2017 to deliver long-term total return potential through regular monthly distributions. The Board of Directors may amend, terminate, or suspend the policy, affecting the market price of the Fund's shares. The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital. The final tax characteristics of the Fund's distributions cannot be determined until after the end of the calendar year.
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Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) provides information on the distribution to be paid on December 29, 2023, and cumulative distributions paid fiscal year-to-date. The Fund's managed distribution policy aims to deliver long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy allows the Fund to realize long-term capital gains and distribute those gains on a regular monthly basis to shareholders. However, the Board of Directors may amend, terminate, or suspend the policy at any time, affecting the market price of the Fund's shares. The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes.
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Cohen & Steers, Inc. (NYSE: CNS) reported preliminary assets under management of $78.7 billion as of November 30, 2023, an increase of $6.5 billion from the previous month. The increase was due to market appreciation of $7.0 billion, offset by net outflows of $264 million and distributions of $155 million.
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Cohen & Steers, Inc. (NYSE: CNS) has been named as one of the 'Best Places to Work in Money Management' for the fourth consecutive year by Pensions & Investments. The company's dedication to excellence, collaboration, and inclusive culture has led to this recognition. The survey process included evaluating workplace policies, practices, and employee experience, with the combined scores determining the top companies.
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Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) provides shareholders with information about the sources of the distribution to be paid on November 30, 2023, and cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2021 to deliver long-term total return potential through regular monthly distributions. The Board of Directors may amend, terminate, or suspend the policy at any time, potentially affecting the market price of the Fund's shares.
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Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) PR Summary: The press release provides shareholders with details of the distribution to be paid on November 30, 2023, and cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2011 to deliver long-term total return potential through regular monthly distributions at a fixed rate per common share. The Board of Directors may amend, terminate, or suspend the policy, affecting the market price of the Fund's shares. The monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital. Final tax characteristics will be provided on Form 1099-DIV after the close of the calendar year.
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Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) provides information on the distribution to be paid on November 30, 2023, and cumulative distributions paid fiscal year-to-date. The managed distribution policy aims to deliver long-term total return potential through regular monthly distributions. The policy gives the Fund flexibility to realize long-term capital gains and distribute those gains monthly. The Board of Directors may amend, terminate, or suspend the managed distribution policy, affecting the market price of the Fund's shares.
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Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) is providing shareholders with information regarding the sources of the distribution to be paid on November 30, 2023, and cumulative distributions paid fiscal year-to-date. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes. The estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date are detailed in the press release.
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FAQ

What is the current stock price of Cohen & Steers (CNS)?

The current stock price of Cohen & Steers (CNS) is $100.47 as of November 15, 2024.

What is the market cap of Cohen & Steers (CNS)?

The market cap of Cohen & Steers (CNS) is approximately 5.1B.

What does Cohen & Steers specialize in?

Cohen & Steers specializes in liquid real assets, including real estate securities, listed infrastructure, commodities, and natural resource equities.

Where is Cohen & Steers headquartered?

Cohen & Steers is headquartered in New York City, with additional offices in London, Hong Kong, Tokyo, and Seattle.

What are the primary assets managed by Cohen & Steers?

The primary assets managed by Cohen & Steers include real estate investment trusts (REITs), preferred securities, utilities stocks, and other high-yield offerings.

How is Cohen & Steers' asset distribution balanced?

Cohen & Steers’ asset distribution is balanced among closed-end funds, open-end funds, and institutional accounts.

What were the recent financial highlights?

Recent financial highlights include quarterly earnings reports, strategic equity offerings, and consistent growth in managed assets and base management fees.

How can investors access Cohen & Steers' earnings reports?

Investors can access earnings reports on the company's website under 'Company—Investor Relations—Earnings Archive'.

Who are the key executives at Cohen & Steers?

Key executives include CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh.

What recent strategic initiatives has Cohen & Steers undertaken?

Recent strategic initiatives include an 'at-the-market' equity offering program that raised approximately $68.4 million.

Which index recently included Cohen & Steers?

Cohen & Steers was recently included in the S&P SmallCap 600 index.

How can one participate in Cohen & Steers’ conference calls?

Participants can join the conference calls via webcast and telephone, with details provided on the company’s official website.

Cohen & Steers Inc.

NYSE:CNS

CNS Rankings

CNS Stock Data

5.08B
50.56M
46.74%
61.71%
3.67%
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