Cohen & Steers (CNS) rises 9% in six months as valuation reaches 20.6 times forward earnings

Cohen & Steers Inc. (NYSE:CNS) traded at $72.18 as of May 14, 2026, after gaining 9% over the past six months, slightly outperforming the S&P 500’s 7.9% advance over the same period. The investment manager’s tangible book value per share rose at a 24.7% compound annual rate over the past five years. Growth slowed to a 20.7% annualized pace over the past two years, increasing from $7.26 to $10.57 per share. Cohen & Steers averaged a 37.3% return on equity over five years, above the roughly 10% sector average cited in the report. Revenue growth was weaker, rising at a 4.9% compound annual rate over five years. The stock trades at 20.6 times forward earnings, leaving valuation a key consideration for investors assessing whether profitability offsets slower sales growth.