QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)
QQQ   354.84 (-0.02%)
AAPL   179.21 (-0.21%)
MSFT   333.68 (-0.67%)
META   271.12 (-0.10%)
GOOGL   127.31 (+1.03%)
AMZN   126.61 (+1.05%)
TSLA   221.31 (+1.70%)
NVDA   386.54 (-1.32%)
NIO   7.87 (+2.61%)
BABA   86.69 (+2.71%)
AMD   124.23 (+5.34%)
T   15.66 (+1.75%)
F   12.93 (+2.70%)
MU   67.54 (-0.34%)
CGC   0.74 (-5.13%)
GE   105.46 (+1.31%)
DIS   92.16 (+1.27%)
AMC   4.64 (+0.22%)
PFE   38.37 (-0.72%)
PYPL   65.02 (+0.79%)
NFLX   399.29 (-1.05%)

BGC Partners (BGCP) Stock Forecast, Price & News

$4.37
+0.11 (+2.58%)
(As of 06/6/2023 ET)
Compare
Today's Range
$4.23
$4.41
50-Day Range
$3.99
$5.32
52-Week Range
$3.04
$5.51
Volume
2.29 million shs
Average Volume
2.16 million shs
Market Capitalization
$1.68 billion
P/E Ratio
39.73
Dividend Yield
0.92%
Price Target
$8.00

BGC Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
83.1% Upside
$8.00 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.59mentions of BGC Partners in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.39%
From $0.82 to $1.02 Per Share

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 stars

Finance Sector

52nd out of 861 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

1st out of 9 stocks


BGCP stock logo

About BGC Partners (NASDAQ:BGCP) Stock

BGC 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.

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.

BGCP Stock News Headlines

"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 >>>
BGC Partners prices $350M senior note offering
"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 >>>
BGC Partners, Inc. (BGCP) To Go Ex-Dividend on May 16th
Q1 2023 BGC Partners Inc Earnings Call
BGC Partners: Q1 Earnings Insights
BGC Partners (BGCP) Matches Q1 Earnings Estimates
BGC Partners (NASDAQ: BGCP)
See More Headlines

BGCP Price History

BGCP Company Calendar

Ex-Dividend for 3/31 Dividend
3/16/2023
Dividend Payable
3/31/2023
Last Earnings
5/03/2023
Ex-Dividend for 5/31 Dividend
5/16/2023
Dividend Payable
5/31/2023
Today
6/06/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
Current Symbol
NASDAQ:BGCP
CUSIP
05541T10
Employees
3,818
Year Founded
1945

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$48.71 million
Pretax Margin
4.68%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$1.32 per share
Book Value
$1.97 per share

Miscellaneous

Free Float
275,594,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
1.64

Social Links


Key Executives

  • Howard William Lutnick
    Chairman & Chief Executive Officer
  • Sean Anthony Windeatt
    Chief Operating Officer
  • Jason W. Hauf
    Chief Financial & Accounting Officer
  • Steven Sadoff
    Chief Information Officer
  • Stephen M. Merkel
    Executive Vice President & General Counsel













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
.

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

My Account -