Cohen & Steers (CNS)
Market Price (4/23/2026): $68.34 | Market Cap: $3.5 BilSector: Financials | Industry: Asset Management & Custody Banks
Cohen & Steers (CNS)
Market Price (4/23/2026): $68.34Market Cap: $3.5 BilSector: FinancialsIndustry: Asset Management & Custody Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.0% Low stock price volatilityVol 12M is 27% Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and E-commerce Logistics & Data Centers. Themes include ESG REITs, E-commerce Logistics REITs, Show more. | Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -50% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -22% Key risksCNS key risks include [1] its high concentration in real estate and preferred securities, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, Dividend Yield is 3.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.0% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and E-commerce Logistics & Data Centers. Themes include ESG REITs, E-commerce Logistics REITs, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -50% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -22% |
| Key risksCNS key risks include [1] its high concentration in real estate and preferred securities, Show more. |
Qualitative Assessment
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Cohen & Steers (CNS) stock has gained about 10% since 12/31/2025 because of the following key factors:
1. Strong First Quarter 2026 Financial Performance.
Cohen & Steers reported robust results for Q1 2026, with revenue increasing to $145.6 million, marking an 8.3% year-over-year rise and a 1.3% sequential increase from Q4 2025. The company's operating income for the quarter surged by 24.3% compared to Q4 2025, and its operating margin expanded to 34.4% from 28.0% in the prior quarter. Diluted earnings per share (GAAP) for Q1 2026 also saw a significant improvement, reaching $0.82, up from $0.68 in Q4 2025.
2. Significant Assets Under Management (AUM) Growth and Net Inflows.
The firm's Assets Under Management (AUM) climbed to $93.1 billion as of March 31, 2026, representing a 2.9% increase from $90.5 billion at December 31, 2025. This growth was primarily fueled by $2.7 billion in market appreciation during Q1 2026, reversing the market depreciation experienced in Q4 2025. Additionally, Cohen & Steers recorded net inflows of $497 million across all investment vehicles in Q1 2026, reinforcing its growth narrative.
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1. Strong First Quarter 2026 Financial Performance.
Cohen & Steers reported robust results for Q1 2026, with revenue increasing to $145.6 million, marking an 8.3% year-over-year rise and a 1.3% sequential increase from Q4 2025. The company's operating income for the quarter surged by 24.3% compared to Q4 2025, and its operating margin expanded to 34.4% from 28.0% in the prior quarter. Diluted earnings per share (GAAP) for Q1 2026 also saw a significant improvement, reaching $0.82, up from $0.68 in Q4 2025.
2. Significant Assets Under Management (AUM) Growth and Net Inflows.
The firm's Assets Under Management (AUM) climbed to $93.1 billion as of March 31, 2026, representing a 2.9% increase from $90.5 billion at December 31, 2025. This growth was primarily fueled by $2.7 billion in market appreciation during Q1 2026, reversing the market depreciation experienced in Q4 2025. Additionally, Cohen & Steers recorded net inflows of $497 million across all investment vehicles in Q1 2026, reinforcing its growth narrative.
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Stock Movement Drivers
Fundamental Drivers
The 10.0% change in CNS stock from 12/31/2025 to 4/22/2026 was primarily driven by a 17.9% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 62.13 | 68.32 | 10.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 574 | 578 | 0.7% |
| Net Income Margin (%) | 28.6% | 26.5% | -7.4% |
| P/E Multiple | 19.4 | 22.8 | 17.9% |
| Shares Outstanding (Mil) | 51 | 51 | -0.1% |
| Cumulative Contribution | 10.0% |
Market Drivers
12/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CNS | 10.0% | |
| Market (SPY) | -5.4% | 40.1% |
| Sector (XLF) | -4.7% | 47.2% |
Fundamental Drivers
The 6.2% change in CNS stock from 9/30/2025 to 4/22/2026 was primarily driven by a 12.5% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.35 | 68.32 | 6.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 566 | 578 | 2.2% |
| Net Income Margin (%) | 28.7% | 26.5% | -7.5% |
| P/E Multiple | 20.3 | 22.8 | 12.5% |
| Shares Outstanding (Mil) | 51 | 51 | -0.2% |
| Cumulative Contribution | 6.2% |
Market Drivers
9/30/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CNS | 6.2% | |
| Market (SPY) | -2.9% | 37.7% |
| Sector (XLF) | -2.7% | 49.3% |
Fundamental Drivers
The -11.8% change in CNS stock from 3/31/2025 to 4/22/2026 was primarily driven by a -12.2% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 77.43 | 68.32 | -11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 537 | 578 | 7.7% |
| Net Income Margin (%) | 28.2% | 26.5% | -6.0% |
| P/E Multiple | 26.0 | 22.8 | -12.2% |
| Shares Outstanding (Mil) | 51 | 51 | -0.7% |
| Cumulative Contribution | -11.8% |
Market Drivers
3/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CNS | -11.8% | |
| Market (SPY) | 16.3% | 59.2% |
| Sector (XLF) | 5.9% | 60.0% |
Fundamental Drivers
The 18.3% change in CNS stock from 3/31/2023 to 4/22/2026 was primarily driven by a 38.5% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 57.77 | 68.32 | 18.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 574 | 578 | 0.8% |
| Net Income Margin (%) | 29.8% | 26.5% | -11.1% |
| P/E Multiple | 16.5 | 22.8 | 38.5% |
| Shares Outstanding (Mil) | 49 | 51 | -4.7% |
| Cumulative Contribution | 18.3% |
Market Drivers
3/31/2023 to 4/22/2026| Return | Correlation | |
|---|---|---|
| CNS | 18.3% | |
| Market (SPY) | 63.3% | 51.1% |
| Sector (XLF) | 69.6% | 58.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CNS Return | 29% | -27% | 22% | 26% | -30% | 11% | 12% |
| Peers Return | 18% | -13% | 10% | 1% | 11% | -13% | 9% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 88% |
Monthly Win Rates [3] | |||||||
| CNS Win Rate | 67% | 25% | 50% | 75% | 25% | 75% | |
| Peers Win Rate | 50% | 35% | 56% | 48% | 46% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CNS Max Drawdown | -14% | -39% | -19% | -13% | -34% | -2% | |
| Peers Max Drawdown | -13% | -31% | -11% | -12% | -16% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTS, SLRC, DHIL, GEG, ZSTK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/22/2026 (YTD)
How Low Can It Go
| Event | CNS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -49.3% | -25.4% |
| % Gain to Breakeven | 97.3% | 34.1% |
| Time to Breakeven | 357 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -55.3% | -33.9% |
| % Gain to Breakeven | 123.9% | 51.3% |
| Time to Breakeven | 455 days | 148 days |
| 2018 Correction | ||
| % Loss | -30.5% | -19.8% |
| % Gain to Breakeven | 43.9% | 24.7% |
| Time to Breakeven | 115 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -86.0% | -56.8% |
| % Gain to Breakeven | 614.0% | 131.3% |
| Time to Breakeven | 3,975 days | 1,480 days |
Compare to VRTS, SLRC, DHIL, GEG, ZSTK
In The Past
Cohen & Steers's stock fell -49.3% during the 2022 Inflation Shock from a high on 11/18/2021. A -49.3% loss requires a 97.3% gain to breakeven.
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About Cohen & Steers (CNS)
Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.
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Think of it as a T. Rowe Price, but with a strong specialization in real estate, infrastructure, and natural resource investments.
It's like a BlackRock that primarily focuses on managing specialized funds and portfolios in real estate, infrastructure, and preferred securities for institutional and individual investors.
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- Separate Account Management: Managing customized equity, fixed income, multi-asset, and commodity portfolios tailored for institutional investors like pension funds, endowments, and foundations.
- Mutual Fund Management: Launching and overseeing a variety of mutual funds, including equity, fixed income, balanced, and multi-asset strategies.
- Hedge Fund Management: Launching and managing specialized hedge funds.
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Cohen & Steers (CNS) primarily serves institutional investors. Its major customer categories include:
- Pension funds
- Endowments
- Foundations
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Joseph Harvey, Chief Executive Officer Joseph Harvey joined Cohen & Steers in 1992 as a REIT analyst and has held various leadership positions, including portfolio manager, Chief Investment Officer from 2003 to 2019, and President from 2003 to 2024, before becoming Chief Executive Officer in March 2022. Prior to joining Cohen & Steers, he was a vice president with Robert A. Stanger & Co., specializing in real estate and oil & gas research and consulting. Mr. Harvey is not a founder of the company but was selected as the successor to co-founder Robert Steers. Michael Donohue, Interim Chief Financial Officer Michael Donohue was appointed Interim Chief Financial Officer of Cohen & Steers, effective October 17, 2025, succeeding Raja Dakkuri. He has served as Senior Vice President and Controller at Cohen & Steers since May 2023. Previously, Mr. Donohue was a Managing Director and Corporate Controller at Hamilton Lane, where he played a key role in the company's IPO in 2017. His prior experience also includes roles at PQ Corporation and KPMG. Jon Cheigh, President and Chief Investment Officer Jon Cheigh serves as President and Chief Investment Officer. He has been involved with the firm's funds as a Vice President and portfolio manager since 2007. Adam Derechin, Chief Operating Officer Adam Derechin is the Chief Operating Officer of Cohen & Steers. Francis Poli, General Counsel and Secretary Francis Poli holds the position of General Counsel and Secretary at Cohen & Steers.AI Analysis | Feedback
The key risks to Cohen & Steers's business are primarily driven by its specialized focus, the competitive nature of the asset management industry, and regulatory changes.- Concentration Risk in Specialized Asset Classes: Cohen & Steers's business is highly concentrated in real assets and alternative income, particularly real estate securities, infrastructure, and preferred securities. As of December 31, 2025, real estate strategies represented 63.8% of its assets under management (AUM) and preferred securities 20.0%. This strong focus means that a downturn in these specific market segments or a shift in investor sentiment away from these asset classes can have a significant and immediate adverse effect on the company's AUM, revenue, and stock price. Higher interest rates have also negatively impacted fund flows in their core asset classes.
- Intense Industry Competition and Fee Pressure: The asset management industry is highly competitive, with Cohen & Steers facing competition from firms that often have larger financial resources and more diverse product offerings. Maintaining and growing its market share depends heavily on its investment performance, competitive fee structures, and successful product innovation. The industry also experiences general fee pressure, and the rise of passive investing further intensifies competition for actively managed funds like those offered by Cohen & Steers.
- Regulatory Changes: As a global investment manager, Cohen & Steers operates within a stringent and evolving regulatory landscape. Changes in laws and regulations related to financial services, privacy, and cybersecurity can lead to increased compliance costs, operational challenges, and potential impacts on the company's profitability and strategic initiatives. New ESG-specific regulations also present a growing concern for asset managers, adding to the regulatory burden.
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Cohen & Steers, Inc. specializes in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, and multi-strategy solutions. The addressable markets for these main products and services are substantial globally and in key regions:
- Overall Asset Management: The global assets under management (AuM) for the broader asset management industry were approximately US$139 trillion in 2024, with projections to reach US$200 trillion by 2030. North America is expected to remain the dominant market, growing at a CAGR of 6.2%, while Asia-Pacific is projected to grow fastest at a CAGR of 6.8%.
- Hedge Funds: The global hedge fund market's assets under management (AUM) stood at $4.9 trillion by the third quarter of 2024. This market is projected to grow from USD 5.3 trillion in 2024 to USD 7.5 trillion by 2034. North America-based hedge funds accounted for an estimated $3.95 trillion, representing approximately 81% of the global AUM by Q3 2024.
- Real Estate Investment: The professionally managed global real estate investment market was valued at USD 12.5 trillion in 2024. The U.S. market alone accounted for USD 4.9 trillion in 2024, comprising 39.1% of the global market size. Separately, the global non-listed real estate AUM was approximately US$3.8 trillion at the end of 2024.
- Infrastructure Investment: The global value of infrastructure funds reached a record $1.35 trillion. This figure is projected to increase to $2.3 trillion by 2030. North America accounts for just under half (47%) of the underlying assets in infrastructure funds, with Europe representing two-fifths. Furthermore, analysts estimate a global need for nearly $97 trillion in infrastructure capital investment between now and 2040.
- Preferred Securities: The global preferred and capital securities market exceeded $1.3 trillion as of June 30, 2024. Institutionally traded over-the-counter (OTC) securities constitute a significant portion, making up 85% of the $1.2 trillion global preferred market.
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Cohen & Steers (CNS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Consistent Net Inflows and Growth in Assets Under Management (AUM): The company has demonstrated a strong trend of positive net inflows, contributing to higher average AUM, which directly translates to increased revenue due to its fee-based model. Cohen & Steers experienced net inflows in five out of six trailing quarters as of Q4 2025, with preliminary AUM reaching $98.4 billion by February 28, 2026, driven by market appreciation and further net inflows.
- Expansion into Active ETFs and Broader Product Diversification: Cohen & Steers is strategically expanding into active Exchange Traded Funds (ETFs), recognizing them as a future growth vehicle. The company has launched new active ETFs and plans for broader product diversification, including integrated listed/private real estate strategies, to attract new investor segments and enhance client retention.
- Strengthening Institutional Pipeline and Expanded Global Distribution: The firm's institutional pipeline is at near multi-year highs, indicating significant potential for future mandates. Cohen & Steers is also actively pursuing global distribution initiatives, focusing on increasing coverage in channels such as registered investment advisors (RIAs), sub-advisory, and expanding its institutional presence in key international markets like Japan, the Middle East, and Asia.
- Growth in Real Estate (REITs) and Global Listed Infrastructure Strategies: Cohen & Steers anticipates accelerated earnings growth in its real estate investment trusts (REITs) and global listed infrastructure strategies. REIT earnings, in particular, are projected to accelerate by approximately 8% in 2026 and 2027, supported by favorable market conditions including lower supply and higher economic growth and demand.
- Development of Integrated Listed/Private Real Estate Strategies: The company is focused on the development and launch of integrated listed and private real estate strategies. This diversification within its core real asset focus is expected to attract new clients and further support AUM growth and revenue stability.
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Share Repurchases
- Cohen & Steers does not materially repurchase stock, instead prioritizing periodic special dividends, with its last special dividend occurring in 2021.
Share Issuance
- The number of shares outstanding for Cohen & Steers increased from 47.86 million in 2020 to 51.24 million at the end of 2025.
- Officers of the company received dividend-equivalent restricted stock units (RSUs) in August 2025, which were credited at $0.
Outbound Investments
- Cohen & Steers provided $25 million in seed capital for its active ETFs.
Capital Expenditures
- Capital expenditures for Cohen & Steers totaled approximately $5.98 million in cash outflow over the last 12 months.
- In the most recent quarter (Q4 2025), capital expenditures were $282,000.
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| 03202026 | MKTX | MarketAxess | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -5.2% | -5.2% | -5.7% |
| 03202026 | RYAN | Ryan Specialty | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -2.7% | -2.7% | -8.5% |
| 09052025 | CNS | Cohen & Steers | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -9.6% | -12.1% | -17.6% |
| 10312023 | CNS | Cohen & Steers | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 34.2% | 99.9% | 0.0% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 15.82 |
| Mkt Cap | 0.9 |
| Rev LTM | 103 |
| Op Inc LTM | 78 |
| FCF LTM | -72 |
| FCF 3Y Avg | 25 |
| CFO LTM | -67 |
| CFO 3Y Avg | 49 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.6% |
| Rev Chg 3Y Avg | 26.9% |
| Rev Chg Q | 3.0% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Inc Chg LTM | -11.9% |
| Op Inc Chg 3Y Avg | -3.8% |
| Op Mgn LTM | -3.7% |
| Op Mgn 3Y Avg | -1.0% |
| QoQ Delta Op Mgn LTM | -1.6% |
| CFO/Rev LTM | -19.0% |
| CFO/Rev 3Y Avg | 6.8% |
| FCF/Rev LTM | -19.3% |
| FCF/Rev 3Y Avg | 5.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.9 |
| P/S | 4.5 |
| P/Op Inc | 5.7 |
| P/EBIT | 2.7 |
| P/E | 8.1 |
| P/CFO | -13.1 |
| Total Yield | 14.5% |
| Dividend Yield | 5.2% |
| FCF Yield 3Y Avg | 1.2% |
| D/E | 1.2 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 9.0% |
| 3M Rtn | -14.2% |
| 6M Rtn | -16.3% |
| 12M Rtn | -0.3% |
| 3Y Rtn | -2.8% |
| 1M Excs Rtn | 0.6% |
| 3M Excs Rtn | -18.0% |
| 6M Excs Rtn | -24.0% |
| 12M Excs Rtn | -33.7% |
| 3Y Excs Rtn | -76.6% |
Price Behavior
Price Behavior
| Market Price | $68.32 | |
| Market Cap ($ Bil) | 3.5 | |
| First Trading Date | 08/16/2004 | |
| Distance from 52W High | -15.9% | |
| 50 Days | 200 Days | |
| DMA Price | $64.57 | $66.55 |
| DMA Trend | down | indeterminate |
| Distance from DMA | 5.8% | 2.7% |
| 3M | 1YR | |
| Volatility | 25.3% | 26.8% |
| Downside Capture | 0.08 | 0.52 |
| Upside Capture | 25.72 | 74.15 |
| Correlation (SPY) | 27.8% | 46.3% |
CNS Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.69 | 0.67 | 0.77 | 0.78 | 0.93 | 1.04 |
| Up Beta | -0.67 | 0.22 | 0.84 | 0.86 | 1.05 | 1.05 |
| Down Beta | 0.33 | 0.51 | 0.76 | 0.65 | 0.67 | 0.79 |
| Up Capture | 82% | 90% | 82% | 75% | 72% | 119% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 8 | 18 | 29 | 61 | 121 | 368 |
| Down Capture | 97% | 73% | 71% | 89% | 113% | 106% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 14 | 24 | 34 | 64 | 130 | 382 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CNS | |
|---|---|---|---|---|
| CNS | -0.6% | 27.1% | -0.04 | - |
| Sector ETF (XLF) | 15.6% | 15.1% | 0.76 | 53.7% |
| Equity (SPY) | 26.7% | 12.5% | 1.77 | 48.4% |
| Gold (GLD) | 38.9% | 27.4% | 1.19 | -9.0% |
| Commodities (DBC) | 23.5% | 16.2% | 1.32 | -7.4% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 53.2% |
| Bitcoin (BTCUSD) | -12.8% | 42.6% | -0.21 | 26.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CNS | |
|---|---|---|---|---|
| CNS | 3.8% | 30.0% | 0.16 | - |
| Sector ETF (XLF) | 10.0% | 18.7% | 0.42 | 62.5% |
| Equity (SPY) | 10.5% | 17.1% | 0.48 | 60.4% |
| Gold (GLD) | 21.5% | 17.8% | 0.99 | 6.6% |
| Commodities (DBC) | 10.7% | 18.8% | 0.47 | 11.7% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 64.7% |
| Bitcoin (BTCUSD) | 3.8% | 56.4% | 0.29 | 24.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CNS | |
|---|---|---|---|---|
| CNS | 10.3% | 32.9% | 0.38 | - |
| Sector ETF (XLF) | 12.9% | 22.2% | 0.53 | 67.4% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 65.9% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 5.6% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 20.0% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 66.8% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 16.1% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/16/2026 | 3.1% | ||
| 1/22/2026 | -4.2% | -6.1% | -4.4% |
| 10/16/2025 | 5.8% | 7.5% | -0.7% |
| 7/17/2025 | -3.8% | 1.0% | 0.0% |
| 4/16/2025 | 0.5% | 4.0% | 13.0% |
| 1/22/2025 | 3.0% | 2.1% | -0.4% |
| 10/16/2024 | 4.1% | -0.3% | -0.4% |
| 7/17/2024 | 0.9% | -0.4% | 4.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 14 |
| # Negative | 14 | 10 | 10 |
| Median Positive | 1.9% | 2.4% | 9.5% |
| Median Negative | -1.9% | -3.5% | -3.7% |
| Max Positive | 5.8% | 23.7% | 32.4% |
| Max Negative | -6.5% | -8.7% | -16.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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