Positive News SentimentPositive NewsNASDAQ:BGCP BGC Partners (BGCP) Stock Forecast, Price & News $4.37 +0.11 (+2.58%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$4.23▼$4.4150-Day Range$3.99▼$5.3252-Week Range$3.04▼$5.51Volume2.29 million shsAverage Volume2.16 million shsMarket Capitalization$1.68 billionP/E Ratio39.73Dividend Yield0.92%Price Target$8.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability BGC Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside83.1% Upside$8.00 Price TargetShort InterestHealthy1.69% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment1.59Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth24.39%From $0.82 to $1.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.15 out of 5 starsFinance Sector52nd out of 861 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry1st out of 9 stocks 3.5 Analyst's Opinion Consensus RatingBGC Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, BGC Partners has a forecasted upside of 83.1% from its current price of $4.37.Amount of Analyst CoverageBGC Partners has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.69% of the float of BGC Partners has been sold short.Short Interest Ratio / Days to CoverBGC Partners has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BGC Partners has recently decreased by 24.78%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldBGC Partners has a dividend yield of 1.00%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthBGC Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of BGC Partners is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, BGC Partners will have a dividend payout ratio of 3.92% next year. This indicates that BGC Partners will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBGC Partners has received a 13.75% net impact score from Upright. BGC Partners seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Societal infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for BGC Partners is -0.37. Previous Next 3.1 News and Social Media Coverage News SentimentBGC Partners has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for BGC Partners this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for BGCP on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BGC Partners insiders have not sold or bought any company stock.Percentage Held by Insiders29.80% of the stock of BGC Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions55.49% of the stock of BGC Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for BGC Partners are expected to grow by 24.39% in the coming year, from $0.82 to $1.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BGC Partners is 39.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.01.Price to Earnings Ratio vs. SectorThe P/E ratio of BGC Partners is 39.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.31.Price to Book Value per Share RatioBGC Partners has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BGC Partners (NASDAQ:BGCP) StockBGC Partners, Inc. engages in the provision of brokerage services to the financial markets. The firm offers integrated voice, hybrid and fully electronic brokerage in a broad range of products, including fixed income, foreign exchange, equities, insurance, energy and commodities and futures. It also provides trade execution, brokerage, clearing, trade compression, post-trade, information and other back-office services. The company was founded in 1945 and is headquartered in New York, NY.Read More Receive BGCP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BGC Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address BGCP Stock News HeadlinesMay 27, 2023 | americanbankingnews.comBGC Partners (NASDAQ:BGCP) Downgraded to "Hold" at StockNews.comMay 25, 2023 | finanznachrichten.deBGC Partners, Inc.: BGC Completes Offering of $350.0 Million of 8.000% Senior NotesJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 25, 2023 | finance.yahoo.comBGC Completes Offering of $350.0 Million of 8.000% Senior NotesMay 25, 2023 | finance.yahoo.comBGC Partners to Present at Piper Sandler Global Exchange & FinTech Conference on June 7, 2023May 24, 2023 | finance.yahoo.comKBRA Assigns Rating to BGC Partners, Inc. Senior Unsecured Notes IssueMay 22, 2023 | finanznachrichten.deBGC Partners, Inc.: BGC ANNOUNCES PRICING OF $350 MILLION OF 8.000% SENIOR NOTESMay 22, 2023 | seekingalpha.comBGC Partners prices $350M senior note offeringJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 18, 2023 | americanbankingnews.comBGC Partners (NASDAQ:BGCP) Coverage Initiated at StockNews.comMay 11, 2023 | msn.comMonday Is Your Last Chance To Buy BGC Partners Before The Dividend PayoutMay 11, 2023 | finance.yahoo.comBGC Partners, Inc. (NASDAQ:BGCP) Passed Our Checks, And It's About To Pay A US$0.01 DividendMay 5, 2023 | americanbankingnews.comBGC Partners, Inc. (BGCP) To Go Ex-Dividend on May 16thMay 4, 2023 | finance.yahoo.comQ1 2023 BGC Partners Inc Earnings CallMay 3, 2023 | msn.comBGC Partners: Q1 Earnings InsightsMay 3, 2023 | finance.yahoo.comBGC Partners Reports First Quarter 2023 Financial ResultsMay 3, 2023 | finance.yahoo.comBGC Partners (BGCP) Matches Q1 Earnings EstimatesMay 3, 2023 | seekingalpha.comBGC Partners, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | americanbankingnews.comBGC Partners (BGCP) Set to Announce Quarterly Earnings on WednesdayApril 30, 2023 | americanbankingnews.comShort Interest in BGC Partners, Inc. (NASDAQ:BGCP) Rises By 15.5%April 26, 2023 | fool.comBGC Partners (NASDAQ: BGCP)April 17, 2023 | americanbankingnews.comBGC Partners, Inc. (NASDAQ:BGCP) Short Interest Up 45.3% in MarchApril 11, 2023 | finance.yahoo.comBGC Partners' First Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, May 3, 2023March 31, 2023 | finanznachrichten.deBGC Partners, Inc.: BGC Partners Updates its Outlook for the First Quarter of 2023March 31, 2023 | finance.yahoo.comBGC Partners Updates its Outlook for the First Quarter of 2023March 17, 2023 | finance.yahoo.comStrength Seen in LPL Financial Holdings Inc. (LPLA): Can Its 3.7% Jump Turn into More Strength?March 17, 2023 | finance.yahoo.comStrength Seen in BGC Partners (BGCP): Can Its 6.5% Jump Turn into More Strength?See More Headlines BGCP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BGCP Company Calendar Ex-Dividend for 3/31 Dividend3/16/2023Dividend Payable3/31/2023Last Earnings5/03/2023Ex-Dividend for 5/31 Dividend5/16/2023Dividend Payable5/31/2023Today6/06/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:BGCP CUSIP05541T10 CIK1094831 Webwww.bgcpartners.com Phone(212) 610-2200Fax646-346-6919Employees3,818Year Founded1945Price Target and Rating Average Stock Price Forecast$8.00 High Stock Price Forecast$8.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+82.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio39.82 Forward P/E Ratio5.34 P/E GrowthN/ANet Income$48.71 million Net Margins2.29% Pretax Margin4.68% Return on Equity47.88% Return on Assets8.33% Debt Debt-to-Equity Ratio1.40 Current Ratio1.21 Quick Ratio1.20 Sales & Book Value Annual Sales$1.82 billion Price / Sales0.92 Cash Flow$1.32 per share Price / Cash Flow3.32 Book Value$1.97 per share Price / Book2.22Miscellaneous Outstanding Shares384,371,000Free Float275,594,000Market Cap$1.68 billion OptionableOptionable Beta1.64 Social Links Key ExecutivesHoward William LutnickChairman & Chief Executive OfficerSean Anthony WindeattChief Operating OfficerJason W. HaufChief Financial & Accounting OfficerSteven SadoffChief Information OfficerStephen M. MerkelExecutive Vice President & General CounselKey CompetitorsStoneX GroupNASDAQ:SNEXPark NationalNYSE:PRKFirst MerchantsNASDAQ:FRMERLJ Lodging TrustNYSE:RLJDiamondRock HospitalityNYSE:DRHView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Sold 38,144 shares on 6/1/2023Ownership: 0.340%Prelude Capital Management LLCBought 72,265 shares on 6/1/2023Ownership: 0.019%ProShare Advisors LLCSold 3,462 shares on 5/26/2023Ownership: 0.010%Putnam Investments LLCSold 11,761 shares on 5/22/2023Ownership: 0.072%New York State Common Retirement FundSold 61,314 shares on 5/18/2023Ownership: 0.223%View All Institutional Transactions BGCP Stock - Frequently Asked Questions Should I buy or sell BGC Partners stock right now? 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. The consensus among Wall Street analysts is that investors should "buy" BGCP shares. View BGCP analyst ratings or view top-rated stocks. What is BGC Partners' stock price forecast for 2023? 1 equities research analysts have issued twelve-month price targets for BGC Partners' stock. Their BGCP share price forecasts range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 82.6% from the stock's current price. View analysts price targets for BGCP or view top-rated stocks among Wall Street analysts. How have BGCP shares performed in 2023? BGC Partners' stock was trading at $3.77 at the beginning of the year. Since then, BGCP stock has increased by 16.2% and is now trading at $4.38. View the best growth stocks for 2023 here. Are investors shorting BGC Partners? BGC Partners saw a drop in short interest in May. As of May 15th, there was short interest totaling 5,160,000 shares, a drop of 24.8% from the April 30th total of 6,860,000 shares. Based on an average daily trading volume, of 2,550,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.7% of the company's stock are short sold. View BGC Partners' Short Interest. When is BGC Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our BGCP earnings forecast. How were BGC Partners' earnings last quarter? BGC Partners, Inc. (NASDAQ:BGCP) posted its earnings results on Wednesday, May, 3rd. The financial services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The financial services provider earned $532.87 million during the quarter, compared to analysts' expectations 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 quarter in the prior year, the company posted $0.21 EPS. How often does BGC Partners pay dividends? What is the dividend yield for BGC Partners? BGC Partners announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.01 per share on Wednesday, May 31st. This represents a $0.04 annualized dividend and a yield of 0.91%. The ex-dividend date is Tuesday, May 16th. Read our dividend analysis for BGCP. What ETFs hold BGC Partners' stock? ETFs with the largest weight of BGC Partners (NASDAQ:BGCP) stock in their portfolio include Inspire Fidelis Multi Factor ETF (FDLS), SPDR S&P Capital Markets ETF (KCE), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), First Trust NASDAQ BuyWrite Income ETF (FTQI), iShares US Small Cap Value Factor ETF (SVAL), First Trust Small Cap Value AlphaDEX Fund (FYT), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and WisdomTree U.S. SmallCap Fund (EES). Is BGC Partners a good dividend stock? BGC Partners (NASDAQ:BGCP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.00%. The dividend payout ratio is 36.36%. 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. What guidance has BGC Partners issued on next quarter's earnings? BGC Partners updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $450.00 million-$500.00 million, compared to the consensus revenue estimate of $491.30 million. What is Howard W. Lutnick's approval rating as BGC Partners' CEO? 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. What other stocks do shareholders of BGC Partners own? 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). What is BGC Partners' stock symbol? BGC Partners trades on the NASDAQ under the ticker symbol "BGCP." Who are BGC Partners' major shareholders? BGC Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.20%), Rubric Capital Management LP (5.31%), Boston Partners (2.13%), State Street Corp (1.88%), Geode Capital Management LLC (1.69%) and Dimensional Fund Advisors LP (1.50%). View institutional ownership trends. How do I buy shares of BGC Partners? Shares of BGCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BGC Partners' stock price today? One share of BGCP stock can currently be purchased for approximately $4.38. How much money does BGC Partners make? BGC Partners (NASDAQ:BGCP) has a market capitalization of $1.68 billion and generates $1.82 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. How many employees does BGC Partners have? The company employs 3,818 workers across the globe. How can I contact BGC Partners? 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. This page (NASDAQ:BGCP) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BGC Partners, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.