Cohen & Steers: Real Estate Woes Continue To Weigh

Jul. 29, 2025 1:45 PM ETCohen & Steers, Inc. (CNS) StockCNS
Seeking Profits
4.72K Followers

Summary

  • Cohen & Steers continues to underperform, with shares down 12% over the past year and lagging the broader market for five years.
  • The firm's real estate focus remains a headwind, with higher expenses, margin pressure, and muted growth prospects despite strong fund performance versus benchmarks.
  • Valuation remains stretched at 23x earnings, especially given low sector growth and rising competition from private alternatives in retirement plans.
  • Given over 10% downside to fair value and limited catalysts, I rate CNS a sell and recommend investors avoid the stock.

Optimistic, rising return-on-investment graph on US dollars

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Shares of Cohen & Steers (NYSE:CNS) have been a poor performer over the past year, losing about 12% of their value. This continues a long period of underperformance. While the broader market has basically doubled over the

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