BGC Partners (BGCP) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BGCP shares.
View BGCP analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12 month target prices for BGC Partners' shares. Their BGCP share price forecasts range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 80.6% from the stock's current price.
View analysts price targets for BGCP or view top-rated stocks among Wall Street analysts.

BGC Partners, Inc. (NASDAQ:BGCP) posted its earnings results on Wednesday, May, 3rd. The financial services provider reported $0.23 EPS for the quarter, meeting analysts' consensus estimates of $0.23. The financial services provider earned $532.87 million during the quarter, compared to the consensus estimate of $535.40 million. BGC Partners had a trailing twelve-month return on equity of 47.88% and a net margin of 2.29%. During the same period last year, the business earned $0.21 EPS.

BGC Partners announced a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.01 per share on Wednesday, May 31st. This represents a $0.04 annualized dividend and a yield of 0.90%. The ex-dividend date is Tuesday, May 16th.
Read our dividend analysis for BGCP.

WisdomTree U.S. SmallCap Fund holds 512,672 shares of BGCP stock, representing 0.39% of its portfolio.

BGC Partners (NASDAQ:BGCP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.90%. The dividend payout ratio is 36.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BGCP will have a dividend payout ratio of 3.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BGCP.

136 employees have rated BGC Partners Chief Executive Officer Howard W. Lutnick on Glassdoor.com. Howard W. Lutnick has an approval rating of 45% among the company's employees. This puts Howard W. Lutnick in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 42.0% of employees surveyed would recommend working at BGC Partners to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include NGL Energy Partners (NGL), Energy Transfer (ET), Ford Motor (F), Newmark Group (NMRK), Ivanhoe Mines (IVN), Lumen Technologies (LUMN), New Residential Investment (NRZ), C3.ai (AI), Ares Capital (ARCC) and Annaly Capital Management (NLY).

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

BGC Partners' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.84%), Rubric Capital Management LP (5.20%), Cardinal Capital Management LLC CT (3.35%), Boston Partners (2.01%), State Street Corp (1.90%) and Geode Capital Management LLC (1.70%).
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One share of BGCP stock can currently be purchased for approximately $4.43.

BGC Partners (NASDAQ:BGCP) has a market capitalization of $1.70 billion and generates $1.80 billion in revenue each year. The financial services provider earns $48.71 million in net income (profit) each year or $0.11 on an earnings per share basis.

The company employs 3,780 workers across the globe.

BGC Partners' mailing address is 499 PARK AVENUE, NEW YORK NY, 10022. The official website for the company is www.bgcpartners.com. The financial services provider can be reached via phone at (212) 610-2200, via email at bgcir@bgcpartners.com, or via fax at 646-346-6919.