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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:BGCP

BGC Partners Stock Forecast, Price & News

$3.50
+0.11 (+3.24%)
(As of 06/24/2022 04:00 PM ET)
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Today's Range
$3.37
$3.54
50-Day Range
$3.08
$3.94
52-Week Range
$3.00
$6.03
Volume
2.30 million shs
Average Volume
1.86 million shs
Market Capitalization
$1.31 billion
P/E Ratio
12.07
Dividend Yield
1.14%
Price Target
$7.00
30 days | 90 days | 365 days | Advanced Chart

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BGCP Stock Forecast (MarketRank)

Overall MarketRank

3.07 out of 5 stars

Finance Sector

151st out of 1,364 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

3rd out of 16 stocks

Analyst Opinion: 3.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
BGC Partners logo

About BGC Partners (NASDAQ:BGCP)

BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. It offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; and fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provides trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back office services to financial and non-financial institutions. In addition, it offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets under the Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, kACE2, Capitalab, Swaptioniser, CBID, Lucera, and LumeAlfa brand names. Further, the company 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; option pricing and analysis tools; and software and technology infrastructure for the transactional and technology related elements. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

BGCP Stock News Headlines

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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
3,920
Year Founded
1945

Company Calendar

Last Earnings
5/02/2022
Ex-Dividend for 6/2 Dividend
5/18/2022
Dividend Payable
6/02/2022
Today
6/26/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$7.00
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+100.0%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$124.01 million
Pretax Margin
7.59%

Debt

Sales & Book Value

Annual Sales
$2.02 billion
Cash Flow
$1.80 per share
Book Value
$1.83 per share

Miscellaneous

Free Float
268,780,000
Market Cap
$1.31 billion
Optionable
Optionable
Beta
1.68

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BGC Partners Frequently Asked Questions

Should I buy or sell BGC Partners stock right now?

1 Wall Street equities research 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 equities research analysts is that investors should "buy" BGC Partners stock.
View analyst ratings for BGC Partners
or view top-rated stocks.

What is BGC Partners' stock price forecast for 2022?

1 equities research analysts have issued 1 year price objectives for BGC Partners' stock. Their BGCP stock forecasts range from $7.00 to $7.00. On average, they expect BGC Partners' stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 100.0% from the stock's current price.
View analysts' price targets for BGC Partners
or view top-rated stocks among Wall Street analysts.

How has BGC Partners' stock price performed in 2022?

BGC Partners' stock was trading at $4.65 at the beginning of 2022. Since then, BGCP shares have decreased by 24.7% and is now trading at $3.50.
View the best growth stocks for 2022 here
.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest in May. As of May 31st, there was short interest totaling 5,880,000 shares, an increase of 28.7% from the May 15th total of 4,570,000 shares. Based on an average trading volume of 2,330,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.0% of the company's stock are short sold.
View BGC Partners' Short Interest
.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for BGC Partners
.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its earnings results on Monday, May, 2nd. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by $0.01. The financial services provider had revenue of $506.46 million for the quarter, compared to the consensus estimate of $519.95 million. BGC Partners had a net margin of 5.59% and a trailing twelve-month return on equity of 49.15%. During the same period last year, the firm posted $0.18 earnings per share.
View BGC Partners' earnings history
.

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

BGC Partners announced a quarterly dividend on Wednesday, May 4th. Investors of record on Thursday, May 19th will be paid a dividend of $0.01 per share on Thursday, June 2nd. This represents a $0.04 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Wednesday, May 18th.
View BGC Partners' dividend history
.

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 1.14%. The dividend payout ratio of BGC Partners is 13.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BGC Partners will have a dividend payout ratio of 4.71% next year. This indicates that BGC Partners will be able to sustain or increase its dividend.
View BGC Partners' dividend history.

What guidance has BGC Partners issued on next quarter's earnings?

BGC Partners updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $420.00 million-$470.00 million, compared to the consensus revenue estimate of $479.68 million.

Who are BGC Partners' key executives?

BGC Partners' management team includes the following people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 60, Pay $12M)
  • Mr. Sean A. Windeatt, Chief Operating Officer (Age 49, Pay $2.35M)
  • Mr. Stephen Marcus Merkel, Exec. VP & Gen. Counsel (Age 63, Pay $1.75M)
  • Mr. Jason Williams Hauf, Chief Financial Officer
  • Mr. Steven J. Sadoff, Chief Information Officer (Age 58)
  • Mr. Jason Chryssicas, Head of Investor Relations (Age 37)
  • Mr. Adrian Thomas, Director of Communications
  • Ms. Karen Laureano-Rikardsen, Chief Marketing Officer
  • Ms. Lori Pennay, Sr. MD and Global Head of HR & Partnership
  • Mr. Daniel M. LaVecchia, Exec. MD of North America Operations & Global Head of FX Products

What is Howard W. Lutnick's approval rating as BGC Partners' CEO?

96 employees have rated BGC Partners CEO Howard W. Lutnick on Glassdoor.com. Howard W. Lutnick has an approval rating of 45% among BGC Partners' employees. This puts Howard W. Lutnick in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.19%), BlackRock Inc. (6.13%), Cardinal Capital Management LLC CT (4.11%), AltraVue Capital LLC (2.05%), Boussard & Gavaudan Investment Management LLP (1.99%) and State Street Corp (1.88%).
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 BlackRock Inc., State Street Corp, Cardinal Capital Management LLC CT, Boussard & Gavaudan Investment Management LLP, Group One Trading L.P., Prana Capital Management LP, State Board of Administration of Florida Retirement System, and Bank of America Corp DE.
View insider buying and selling activity for BGC Partners
or view top insider-selling stocks.

Which institutional investors are buying BGC Partners stock?

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Philosophy Capital Management LLC, Lonestar Capital Management LLC, AltraVue Capital LLC, JPMorgan Chase & Co., Jupiter Asset Management Ltd., Healthcare of Ontario Pension Plan Trust Fund, Renaissance Technologies LLC, and State of New Jersey Common Pension Fund D.
View insider buying and selling activity for BGC Partners
or or view top insider-buying stocks.

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 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 $3.50.

How much money does BGC Partners make?

BGC Partners (NASDAQ:BGCP) has a market capitalization of $1.31 billion and generates $2.02 billion in revenue each year. The financial services provider earns $124.01 million in net income (profit) each year or $0.29 on an earnings per share basis.

How many employees does BGC Partners have?

BGC Partners employs 3,920 workers across the globe.

When was BGC Partners founded?

BGC Partners was founded in 1945.

How can I contact BGC Partners?

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

This page (NASDAQ:BGCP) was last updated on 6/26/2022 by MarketBeat.com Staff

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