NASDAQ:BGCP - BGC Partners Stock Price, News, & Analysis

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$10.65 -0.20 (-1.84 %)
(As of 10/23/2018 09:25 AM ET)
Previous Close$10.85
Today's Range$10.61 - $10.89
52-Week Range$10.39 - $16.97
Volume1.71 million shs
Average Volume1.64 million shs
Market Capitalization$3.55 billion
P/E Ratio8.88
Dividend Yield6.64%
Beta1.04
BGC Partners, Inc. operates as a brokerage company servicing the financial and real estate markets worldwide. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services for fixed income, interest rate derivatives, spot foreign exchange, foreign exchange derivatives, government bonds, corporate bonds, credit derivatives, insurance and money market products, energy, metals, equity derivatives, and structured market data products and services. This segment also offers trade execution, broker-dealer, clearing, processing, trade compression, and other back-office services. In addition, it provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; software and technology infrastructure for the transactional and technology related elements; and option pricing and analysis tools. Further, this segment offers financial technology solutions, post-trade, and analytics related to financial instruments and markets under the FENICS, BGC Trader, FENICS Market Data, BGC Market Data, Capitalab, and Lucera brands. The Real Estate Services segment offers corporate advisory, investment sales, and agency leasing services; lending and loan servicing, due diligence and underwriting, workplace and occupancy strategy, and corporate and consulting services, as well as intercompany referrals; real estate finance, consulting, appraisal, and valuation services; project and development management services; and property and facilities management services. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms, as well as institutional clients. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNASDAQ:BGCP
CUSIP05541T10
Phone212-610-2200

Debt

Debt-to-Equity Ratio0.77
Current Ratio1.16
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio8.88
Forward P/E Ratio7.72
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.35 billion
Price / Sales1.04
Cash Flow$2.5601 per share
Price / Cash4.16
Book Value$3.91 per share
Price / Book2.72

Profitability

EPS (Most Recent Fiscal Year)$1.20
Net Income$51.47 million
Net Margins1.53%
Return on Equity46.19%
Return on Assets8.99%

Miscellaneous

Employees9,238
Outstanding Shares326,840,000
Market Cap$3.55 billion

BGC Partners (NASDAQ:BGCP) Frequently Asked Questions

What is BGC Partners' stock symbol?

BGC Partners trades on the NASDAQ under the ticker symbol "BGCP."

How often does BGC Partners pay dividends? What is the dividend yield for BGC Partners?

BGC Partners declared a quarterly dividend on Wednesday, August 1st. Shareholders of record on Monday, August 20th will be given a dividend of $0.18 per share on Wednesday, September 5th. This represents a $0.72 annualized dividend and a yield of 6.76%. The ex-dividend date is Friday, August 17th. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners announced that its Board of Directors has initiated a share repurchase plan on Wednesday, April 12th 2017, which permits the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) posted its quarterly earnings data on Thursday, August, 2nd. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.02. The financial services provider had revenue of $960.08 million for the quarter, compared to analysts' expectations of $938 million. BGC Partners had a net margin of 1.53% and a return on equity of 46.19%. During the same quarter in the previous year, the business earned $0.24 EPS. View BGC Partners' Earnings History.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for BGC Partners.

What is the consensus analysts' recommendation for BGC Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BGC Partners.

Are investors shorting BGC Partners?

BGC Partners saw a decrease in short interest in the month of September. As of September 14th, there was short interest totalling 5,289,710 shares, a decrease of 17.0% from the August 31st total of 6,371,924 shares. Based on an average daily volume of 1,499,262 shares, the short-interest ratio is currently 3.5 days. Currently, 2.1% of the shares of the stock are short sold. View BGC Partners' Current Options Chain.

Who are some of BGC Partners' key competitors?

Who are BGC Partners' key executives?

BGC Partners' management team includes the folowing people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 56)
  • Mr. Shaun D. Lynn, Pres (Age 55)
  • Mr. Steven R. McMurray, Chief Financial Officer (Age 44)
  • Mr. Sean A. Windeatt, Chief Operating Officer (Age 45)
  • Mr. Stephen M. Merkel, Exec. VP, Gen. Counsel & Company Sec. (Age 59)

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Aperio Group LLC (0.03%), Bank of Montreal Can (0.03%), Nisa Investment Advisors LLC (0.02%), Malaga Cove Capital LLC (0.02%), Raymond James Trust N.A. (0.02%) and Seven Eight Capital LP (0.01%). Company insiders that own BGC Partners stock include Linda A Bell and William J Moran. View Institutional Ownership Trends for BGC Partners.

Which institutional investors are selling BGC Partners stock?

BGCP stock was sold by a variety of institutional investors in the last quarter, including Seven Eight Capital LP. View Insider Buying and Selling for BGC Partners.

Which institutional investors are buying BGC Partners stock?

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Malaga Cove Capital LLC, Nisa Investment Advisors LLC, Bank of Montreal Can, Oakbrook Investments LLC, Raymond James Trust N.A., State of Alaska Department of Revenue, Aperio Group LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling for BGC Partners.

How do I buy shares of BGC Partners?

Shares of BGCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BGC Partners' stock price today?

One share of BGCP stock can currently be purchased for approximately $10.65.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $3.55 billion and generates $3.35 billion in revenue each year. The financial services provider earns $51.47 million in net income (profit) each year or $1.20 on an earnings per share basis. BGC Partners employs 9,238 workers across the globe.

What is BGC Partners' official website?

The official website for BGC Partners is http://www.bgcpartners.com.

How can I contact BGC Partners?

BGC Partners' mailing address is 499 PARK AVENUE, NEW YORK NY, 10022. The financial services provider can be reached via phone at 212-610-2200.


MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  435
MarketBeat's community ratings are surveys of what our community members think about BGC Partners and other stocks. Vote "Outperform" if you believe BGCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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