Cohen & Steers assets face growth and risk concerns

Analysts have raised concerns regarding the performance and risk profiles of assets managed by Cohen & Steers. The company's stock (CNS) has shown sluggish long-term revenue growth, with a compounded annual growth rate of 2.1% over the last five years. Additionally, earnings per share (EPS) declined by 1.2% annually during the same period, suggesting decreasing profitability on a per-share basis.

Separately, the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) is currently rated as a Hold. While the fund offers a high yield of 9.5% compared to its peers, it carries significant risks, including low distribution coverage and high leverage and duration risk. An upcoming December swap expiry is expected to increase financing costs, which may lead to a distribution cut in early 2027.