Lester Brafman - Cohen Chief Officer
| COHN Stock | USD 10.69 0.08 0.74% |
Executive
Mr. Lester N. Brafman is President, Chief Executive Officer of Institutional Financial Markets, Inc.He has served as the Chief Executive Officer of the Company and of IFMI, LLC since September 16, 2013. Mr. Brafman served as the President of the Company and of IFMI, LLC from June 3, 2013 until September 16, 2013. Prior to joining the Company and IFMI, LLC, Mr. Brafman served as a Managing Director at Goldman Sachs Co. from July 2001 until August 2012. During his tenure at Goldman Sachs Co., Mr. Brafman held various positions including in Leveraged Finance Sales as Chief Operating Officer of Global Credit and Mortgage Trading and in High Yield and Distressed Trading. Prior to joining Goldman Sachs Co., Mr. Brafman served as a Managing Director at Credit Suisse First Boston from July 1994 until October 2000 where, over the course of his employment, he served as Head of High Yield Trading and as Head of Emerging Market Corporationrationrate and Sovereign Trading. Prior to joining Credit Suisse First Boston, Mr. Brafman worked at Wasserstein Perella Co. from March 1992 until July 1994, and at Lehman Brothers Holdings Inc. from September 1988 until March 1992 since 2013.
| Age | 62 |
| Tenure | 11 years |
| Professional Marks | MBA |
| Address | Cira Center, Philadelphia, PA, United States, 19104 |
| Phone | 215 701 9555 |
| Web | https://www.cohenandcompany.com |
Cohen Management Efficiency
The company has return on total asset (ROA) of 0.0518 % which means that it generated a profit of $0.0518 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.484 %, meaning that it created $0.484 on every $100 dollars invested by stockholders. Cohen's management efficiency ratios could be used to measure how well Cohen manages its routine affairs as well as how well it operates its assets and liabilities. As of the 12th of December 2024, Return On Tangible Assets is likely to drop to -0.0069. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Cohen's Other Assets are very stable compared to the past year. As of the 12th of December 2024, Non Currrent Assets Other is likely to grow to about 11.5 M, while Total Assets are likely to drop about 734.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.48 | ||||
| Return On Asset | 0.0518 |
Cohen Company Leadership Team
Elected by the shareholders, the Cohen's board of directors comprises two types of representatives: Cohen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cohen. The board's role is to monitor Cohen's management team and ensure that shareholders' interests are well served. Cohen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cohen's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Solomon Cohen, Portfolio Manager | ||
| Lester Brafman, Chief Officer | ||
| CPA BS, Chief Treasurer | ||
| Joseph Pooler, CFO, Executive Vice President Treasurer | ||
| Daniel Cohen, Vice Chairman of the Board; President Chief Executive - European Operations | ||
| Andrew Davilman, Chief Management | ||
| Dennis JD, General Secretary | ||
| John Butler, Managing Strategy |
Cohen Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cohen a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.48 | ||||
| Return On Asset | 0.0518 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 5.21 M | ||||
| Shares Outstanding | 1.95 M | ||||
| Shares Owned By Insiders | 32.63 % | ||||
| Shares Owned By Institutions | 4.62 % | ||||
| Number Of Shares Shorted | 13.78 K | ||||
| Price To Earning | 1.09 X |
Pair Trading with Cohen
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cohen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cohen will appreciate offsetting losses from the drop in the long position's value.Moving together with Cohen Stock
| 0.9 | V | Visa Class A | PairCorr |
| 0.72 | DHIL | Diamond Hill Investment | PairCorr |
| 0.87 | DIST | Distoken Acquisition | PairCorr |
Moving against Cohen Stock
The ability to find closely correlated positions to Cohen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cohen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cohen Company to buy it.
The correlation of Cohen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cohen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohen Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cohen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cohen Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cohen. If investors know Cohen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cohen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 1 | Earnings Share 4.14 | Revenue Per Share 56.408 | Quarterly Revenue Growth 0.972 |
The market value of Cohen Company is measured differently than its book value, which is the value of Cohen that is recorded on the company's balance sheet. Investors also form their own opinion of Cohen's value that differs from its market value or its book value, called intrinsic value, which is Cohen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cohen's market value can be influenced by many factors that don't directly affect Cohen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cohen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cohen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.