U.S. Stocks Hit New Highs, Energy Sector Leads
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
With U.S.-Iran ceasefire holding and ongoing optimism regarding a second round of diplomacy between the two sides, U.S. equities continued to make news highs on Thursday, though this time, Energy was the best performing sector as investors bought the recent dip in the oil patch. Mid-cap drillers like Sable Offshoreand Patternson-UTIwere especially well bid with 11% and 5% gains respectively while mega-caps - Exxon Mobil, Shell, and Chevron- each rallied about 2%. Healthcare was the worst performing sector in the S&P 500 amid emboldened animal spirits boosting higher-beta areas of the market at the expense of the defensive sectors.In the opening hour of the evening session, S&P e-minis are up another decimal point at 7,085, with Nasdaq 100 trading flat. In commodities, June - now the active contract for WTI Crude Oil - is below $90 per barrel while May is trading above $93. The steepening backwardation in energy - lower prices down the timeline curve - reflects the extent to which the markets are anticipating a swift normalization of the geopolitical premium.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Cohen & Steersup 0.6%ALSO HIGHER -STMicroelectronics N.V.up 1.3% after being upgraded to Outperform at MizuhoTexas Instrumentsup 1.2% after being upgraded to Neutral at MizuhoF.N.B. Corporationup 0.9%DOWN AFTER EARNINGS -Netflixdown 9.0%Alcoadown 3.6%Simmons First Nationaldown 3.2%ALSO LOWER -Trevi Therapeuticsdown 7.9% after announcing equity offeringKnight-Swift Transportationdown 2.9% after Q1 guidance cutNXP Semiconductors N.V.down 1.5% after being cut to Underperform at Mizuho
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Analyst Views on CNS
Wall Street analysts forecast CNS stock price to fall
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 64.640
Low
63.00
Averages
63.00
High
63.00
Current: 64.640
Low
63.00
Averages
63.00
High
63.00
About CNS
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Company’s distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cohen & Steers Q1 Earnings Report Analysis
- Asset Management Growth: Cohen & Steers' average assets under management (AUM) increased from $90.8 billion to $94.4 billion, driven by net inflows of $497 million in the April quarter, demonstrating the company's resilience and growth potential amid market fluctuations.
- Slight Decline in Profitability: Earnings per share (EPS) decreased slightly to $0.79, with operating income falling to $50.7 million and operating margin declining from 36.4% to 35.1%, reflecting challenges in cost control and profitability.
- Strong Fund Performance: 95% of open-end fund AUM received four or five-star ratings from Morningstar, up from 90% last quarter, indicating the company's sustained competitiveness and market recognition in investment management.
- Emerging Growth Potential: The firm made significant strides in active ETFs and non-traded REITs, with active ETFs attracting $224 million in third-party net flows this quarter, showcasing strong market demand for its new products and confidence in future growth.
See More
Cohen & Steers Q1 2026 Earnings Call Insights
- Performance Overview: Cohen & Steers reported earnings of $0.79 per share for Q1 2026, a slight decrease from $0.81 in the previous quarter, while revenue increased by 0.3% to $144.3 million, indicating the company's resilience amid market volatility.
- AUM Growth: The firm's assets under management (AUM) reached $93.1 billion at the end of Q1, up from $90.5 billion at the end of Q4, reflecting success in attracting investors, particularly in an uncertain market environment.
- Successful ETF Strategy: The total AUM for the first five active ETFs has reached $675 million, demonstrating strong performance in the ETF market, which is expected to further drive revenue growth and enhance competitive positioning.
- Liquidity and Profitability: Liquidity totaled $343 million at quarter-end, a decrease of $60 million from the prior period, while operating income was $50.7 million, slightly down from $52.4 million in the previous quarter, indicating challenges in maintaining liquidity alongside a modest decline in profitability.
See More
Cohen & Steers (CNS) Q1 2026 Earnings Transcript
See More
Cohen & Steers Q1 Earnings Report Analysis
- Earnings Performance: Cohen & Steers reported a Q1 non-GAAP EPS of $0.79, missing expectations by $0.03, indicating some pressure on profitability that could affect investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $145.6 million, an 8.3% year-over-year increase, beating market expectations by $2.31 million, suggesting resilience in revenue growth that may attract more investor interest.
- AUM Decline: As of the end of March, Cohen & Steers experienced a decrease in assets under management, which may reflect challenges in the market environment, impacting future management fee income and overall profitability.
- Market Rating Dynamics: Despite facing challenges, analysts believe Cohen & Steers' stock is cheap enough to buy, indicating market confidence in the potential rebound of its future income.
See More
Cohen & Steers Reports Q1 2026 Earnings Results
- Earnings Release: Cohen & Steers, Inc. reported its earnings for the quarter ending March 31, 2026, on April 16, 2026, highlighting the firm's ongoing performance in global investment management, although specific financial metrics were not disclosed in the news.
- Conference Call Scheduled: The company will host a conference call on April 17, 2026, at 10:00 a.m. (ET), featuring CEO Joseph Harvey and other executives discussing the earnings report, which is expected to attract significant attention from investors and analysts.
- Participation Details: Investors can join the call by dialing 800-715-9871 (U.S.) or +1-646-307-1963 (international), with a recommendation to register at least 10 minutes prior to the start to ensure smooth access.
- Webcast Availability: The conference will be available via webcast, providing audio access for investors, with links available on the company's website, and a replay will be accessible for two weeks post-call, enhancing information accessibility.
See More
Cohen & Steers Reports Q1 2026 Earnings Results
- Earnings Release: Cohen & Steers, Inc. reported its Q1 2026 financial results on April 16, 2026, with specific metrics available on the company's website, indicating the firm's stable performance in global investment management.
- Conference Call Details: The company will host a conference call on April 17, 2026, at 10:00 a.m. (ET), featuring CEO Joseph Harvey and other executives discussing the earnings report, which is expected to attract significant attention from investors and analysts.
- Investment Management Expertise: Founded in 1986, Cohen & Steers specializes in diverse investment areas including real estate, preferred securities, and infrastructure, showcasing its leadership in the global investment management sector.
- Global Presence: With its headquarters in New York and offices in London, Dublin, Hong Kong, Tokyo, and Singapore, the company demonstrates extensive influence and capability in expanding its business across global markets.
See More
Cohen & Steers Q1 Earnings Report Analysis
- Asset Management Growth: Cohen & Steers' average assets under management (AUM) increased from $90.8 billion to $94.4 billion, driven by net inflows of $497 million in the April quarter, demonstrating the company's resilience and growth potential amid market fluctuations.
- Slight Decline in Profitability: Earnings per share (EPS) decreased slightly to $0.79, with operating income falling to $50.7 million and operating margin declining from 36.4% to 35.1%, reflecting challenges in cost control and profitability.
- Strong Fund Performance: 95% of open-end fund AUM received four or five-star ratings from Morningstar, up from 90% last quarter, indicating the company's sustained competitiveness and market recognition in investment management.
- Emerging Growth Potential: The firm made significant strides in active ETFs and non-traded REITs, with active ETFs attracting $224 million in third-party net flows this quarter, showcasing strong market demand for its new products and confidence in future growth.
See More
Cohen & Steers Q1 2026 Earnings Call Insights
- Performance Overview: Cohen & Steers reported earnings of $0.79 per share for Q1 2026, a slight decrease from $0.81 in the previous quarter, while revenue increased by 0.3% to $144.3 million, indicating the company's resilience amid market volatility.
- AUM Growth: The firm's assets under management (AUM) reached $93.1 billion at the end of Q1, up from $90.5 billion at the end of Q4, reflecting success in attracting investors, particularly in an uncertain market environment.
- Successful ETF Strategy: The total AUM for the first five active ETFs has reached $675 million, demonstrating strong performance in the ETF market, which is expected to further drive revenue growth and enhance competitive positioning.
- Liquidity and Profitability: Liquidity totaled $343 million at quarter-end, a decrease of $60 million from the prior period, while operating income was $50.7 million, slightly down from $52.4 million in the previous quarter, indicating challenges in maintaining liquidity alongside a modest decline in profitability.
See More
Cohen & Steers (CNS) Q1 2026 Earnings Transcript
See More
Cohen & Steers Q1 Earnings Report Analysis
- Earnings Performance: Cohen & Steers reported a Q1 non-GAAP EPS of $0.79, missing expectations by $0.03, indicating some pressure on profitability that could affect investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $145.6 million, an 8.3% year-over-year increase, beating market expectations by $2.31 million, suggesting resilience in revenue growth that may attract more investor interest.
- AUM Decline: As of the end of March, Cohen & Steers experienced a decrease in assets under management, which may reflect challenges in the market environment, impacting future management fee income and overall profitability.
- Market Rating Dynamics: Despite facing challenges, analysts believe Cohen & Steers' stock is cheap enough to buy, indicating market confidence in the potential rebound of its future income.
See More
Cohen & Steers Reports Q1 2026 Earnings Results
- Earnings Release: Cohen & Steers, Inc. reported its earnings for the quarter ending March 31, 2026, on April 16, 2026, highlighting the firm's ongoing performance in global investment management, although specific financial metrics were not disclosed in the news.
- Conference Call Scheduled: The company will host a conference call on April 17, 2026, at 10:00 a.m. (ET), featuring CEO Joseph Harvey and other executives discussing the earnings report, which is expected to attract significant attention from investors and analysts.
- Participation Details: Investors can join the call by dialing 800-715-9871 (U.S.) or +1-646-307-1963 (international), with a recommendation to register at least 10 minutes prior to the start to ensure smooth access.
- Webcast Availability: The conference will be available via webcast, providing audio access for investors, with links available on the company's website, and a replay will be accessible for two weeks post-call, enhancing information accessibility.
See More
Cohen & Steers Reports Q1 2026 Earnings Results
- Earnings Release: Cohen & Steers, Inc. reported its Q1 2026 financial results on April 16, 2026, with specific metrics available on the company's website, indicating the firm's stable performance in global investment management.
- Conference Call Details: The company will host a conference call on April 17, 2026, at 10:00 a.m. (ET), featuring CEO Joseph Harvey and other executives discussing the earnings report, which is expected to attract significant attention from investors and analysts.
- Investment Management Expertise: Founded in 1986, Cohen & Steers specializes in diverse investment areas including real estate, preferred securities, and infrastructure, showcasing its leadership in the global investment management sector.
- Global Presence: With its headquarters in New York and offices in London, Dublin, Hong Kong, Tokyo, and Singapore, the company demonstrates extensive influence and capability in expanding its business across global markets.
See More
