BGC Partners Company Profile (NASDAQ:BGCP)

About BGC Partners (NASDAQ:BGCP)

BGC Partners logoBGC Partners, Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables them to use voice, hybrid, or in various markets, electronic brokerage services in connection with transactions executed either over-the-counter or through an exchange. Through the Company's FENICS, Lucera, BGC Trader, BGC Market Data and Capitalab brands, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to select financial instruments and markets.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - National
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NASDAQ:BGCP
  • CUSIP: 05541T10
  • Web: www.bgcpartners.com
Capitalization:
  • Market Cap: $3.29 billion
  • Outstanding Shares: 284,927,000
Average Prices:
  • 50 Day Moving Avg: $11.25
  • 200 Day Moving Avg: $10.81
  • 52 Week Range: $8.18 - $11.85
P/E:
  • Trailing P/E Ratio: 30.516
  • Foreward P/E Ratio: 10.20
  • P/E Growth: 0.920
Sales & Book Value:
  • Annual Revenue: $2.62 billion
  • Price / Sales: 1.25
  • Book Value: $2.98 per share
  • Price / Book: 3.87
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 6.4%
Profitability:
  • Net Margins: 4.08%
  • Return on Equity: 29.70%
  • Return on Assets: 7.20%
Debt:
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 1.25%
  • Quick Ratio: 1.17%
Misc:
  • Average Volume: 1.17 million shs.
  • Beta: 1.4
  • Short Ratio: 2.01
 

Frequently Asked Questions for BGC Partners (NASDAQ:BGCP)

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 Monday, May 8th. Stockholders of record on Friday, May 19th will be paid a dividend of $0.18 per share on Monday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Wednesday, May 17th. This is a positive change from BGC Partners's previous quarterly dividend of $0.16. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners announced that its board has authorized a share repurchase program on Wednesday, April 12th 2017, which authorizes the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) released its earnings results on Thursday, May, 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.01. The firm had revenue of $707.40 million for the quarter, compared to analysts' expectations of $693 million. BGC Partners had a net margin of 4.08% and a return on equity of 29.70%. The business's revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.18 EPS. View BGC Partners' Earnings History.

When will BGC Partners make its next earnings announcement?

BGC Partners is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for BGC Partners.

Who are some of BGC Partners' key competitors?

Who owns BGC Partners stock?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.48%), BlackRock Inc. (5.09%), Dimensional Fund Advisors LP (2.25%), State Street Corp (1.55%), Edge Asset Management Inc. (1.51%) and JPMorgan Chase & Co. (0.90%). View Institutional Ownership Trends for BGC Partners.

Who sold BGC Partners stock? Who is selling BGC Partners stock?

BGC Partners' stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Granahan Investment Management Inc. MA, Morgan Stanley, Russell Investments Group Ltd., Highbridge Capital Management LLC, JPMorgan Chase & Co., Credit Suisse AG and King Luther Capital Management Corp. View Insider Buying and Selling for BGC Partners.

Who bought BGC Partners stock? Who is buying BGC Partners stock?

BGC Partners' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Renaissance Technologies LLC, Edge Asset Management Inc., Dimensional Fund Advisors LP, EJF Capital LLC, FMR LLC and Principal Financial Group Inc.. View Insider Buying and Selling for BGC Partners.

How do I buy BGC Partners stock?

Shares of BGC Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of BGC Partners stock cost?

One share of BGC Partners stock can currently be purchased for approximately $11.53.

Analyst Ratings

Consensus Ratings for BGC Partners (NASDAQ:BGCP) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for BGC Partners (NASDAQ:BGCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/29/2015Raymond James Financial, Inc.Reiterated RatingStrong-Buy$12.00 -> $14.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for BGC Partners (NASDAQ:BGCP)
Earnings by Quarter for BGC Partners (NASDAQ:BGCP)
Earnings History by Quarter for BGC Partners (NASDAQ:BGCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
5/4/2017Q1 2017$0.23$0.23$693.00 million$707.40 millionViewListenView Earnings Details
2/9/2017Q416$0.24$0.25$658.80 million$673.20 millionViewListenView Earnings Details
10/27/2016Q316$0.21$0.21$674.05 million$643.50 millionViewListenView Earnings Details
7/28/2016Q216$0.19$0.19$665.70 million$652.00 millionViewListenView Earnings Details
4/27/2016Q116$0.18$0.18$664.95 million$660.10 millionViewListenView Earnings Details
2/10/2016Q415$0.19$0.23$690.40 million$692.00 millionViewListenView Earnings Details
10/28/2015Q3$0.19$0.19$707.00 million$700.90 millionViewListenView Earnings Details
7/29/2015Q215$0.17$0.18$667.40 million$684.60 millionViewListenView Earnings Details
4/29/2015Q115$0.18$0.18$534.52 million$563.90 millionViewN/AView Earnings Details
2/11/2015Q414$0.19$0.18$509.46 million$515.50 millionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.17$426.84 million$449.80 millionViewN/AView Earnings Details
7/31/2014Q214$0.13$0.13$429.60 million$430.30 millionViewN/AView Earnings Details
5/1/2014Q114$0.13$0.15$436.00 million$445.90 millionViewListenView Earnings Details
2/12/2014Q413$0.11$0.15$421.88 million$432.90 millionViewListenView Earnings Details
10/31/2013Q313$0.12$0.10$426.00 million$414.40 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.13$0.18$460.92 million$471.10 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.12$0.12$440.66 million$449.80 millionViewListenView Earnings Details
2/14/2013Q4 2012$0.12$0.12$432.94 million$436.30 millionViewListenView Earnings Details
11/2/2012$0.13$0.13$437.60 million$445.70 millionViewN/AView Earnings Details
7/26/2012$0.17$0.17ViewN/AView Earnings Details
5/3/2012$0.19$0.19ViewN/AView Earnings Details
2/24/2012$0.16$0.16ViewN/AView Earnings Details
10/27/2011$0.20$0.20ViewN/AView Earnings Details
5/5/2011$0.22$0.22ViewN/AView Earnings Details
2/17/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BGC Partners (NASDAQ:BGCP)
Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.13 EPS

Dividends

Current Dividend Information for BGC Partners (NASDAQ:BGCP)
Next Dividend:6/5/2017
Annual Dividend:$0.64
Dividend Yield:5.55%
Payout Ratio:168.43% (Trailing 12 Months of Earnings)
64.65% (Based on This Year's Estimates)
56.64% (Based on Next Year's Estimates)
Dividend Payments by Quarter for BGC Partners (NASDAQ:BGCP)

Dividend History by Quarter for BGC Partners (NASDAQ:BGCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017Quarterly$0.186.25%5/17/20175/19/20176/5/2017
2/9/2017quarterly$0.165.45%2/24/20172/28/20173/14/2017
10/27/2016quarterly$0.167.61%11/21/201611/23/201612/8/2016
7/28/2016quarterly$0.167.22%8/16/20168/18/20169/1/2016
4/27/2016quarterly$0.166.95%5/12/20165/16/20166/1/2016
2/18/2016quarterly$0.146.4%2/29/20163/2/20163/16/2016
10/28/2015quarterly$0.146.34%11/18/201511/20/201512/4/2015
7/31/2015quarterly$0.145.69%8/19/20158/21/20159/4/2015
5/1/2015quarterly$0.145.59%5/13/20155/15/20155/29/2015
2/11/2015quarterly$0.125.14%2/26/20153/2/20153/16/2015
10/30/2014quarterly$0.125.65%11/20/201411/24/201412/9/2014
8/4/2014quarterly$0.126.19%8/20/20148/22/20149/5/2014
5/5/2014quarterly$0.126.67%5/14/20145/16/20146/2/2014
2/18/2014quarterly$0.126.85%2/25/20142/27/20143/13/2014
11/4/2013quarterly$0.128.87%11/14/201311/18/201312/2/2013
8/6/2013quarterly$0.127.92%8/21/20138/23/20139/6/2013
5/8/2013quarterly$0.128.28%5/15/20135/17/20135/31/2013
2/14/2013quarterly$0.1210.23%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BGC Partners (NASDAQ:BGCP)
Insider Ownership Percentage: 37.40%
Institutional Ownership Percentage: 39.12%
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2015Stephen T CurwoodDirectorSell4,000$9.16$36,640.00View SEC Filing  
12/17/2014Stephen T CurwoodDirectorSell7,600$8.86$67,336.00View SEC Filing  
8/20/2014Linda A BellDirectorSell3,471$7.62$26,449.02View SEC Filing  
7/7/2014John H DaltonDirectorBuy11,400$7.53$85,842.00View SEC Filing  
6/18/2014Stephen T CurwoodDirectorSell4,800$7.48$35,904.00View SEC Filing  
6/21/2013John H DaltonDirectorBuy10,000$5.61$56,100.00View SEC Filing  
6/5/2013Albert M WeisDirectorBuy20,000$5.51$110,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for BGC Partners (NASDAQ:BGCP)
Latest Headlines for BGC Partners (NASDAQ:BGCP)
Source:
DateHeadline
finance.yahoo.com logoBGC Partners, Inc. : BGCP-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017
finance.yahoo.com - May 18 at 3:51 PM
reuters.com logoBGC readies US Treasuries e-trading platform for June launch - Reuters
www.reuters.com - May 18 at 11:46 AM
nasdaq.com logoBGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for May 17, 2017 - Nasdaq
www.nasdaq.com - May 18 at 11:46 AM
finance.yahoo.com logoBGC Partners to Present at Sandler O'Neill's Global Exchange and Brokerage Conference on June 7, 2017
finance.yahoo.com - May 18 at 11:46 AM
finance.yahoo.com logoBGC Partners, Inc. breached its 50 day moving average in a Bearish Manner : BGCP-US : May 18, 2017
finance.yahoo.com - May 18 at 11:46 AM
finance.yahoo.com logoDollar Weakens as European Economy Picks Up Steam
finance.yahoo.com - May 16 at 12:17 PM
finance.yahoo.com logo[$$] Howard Lutnick aims for electronic Treasury trading comeback
finance.yahoo.com - May 15 at 4:21 PM
seekingalpha.com logoQuietly, The BGC Beat Goes On - Seeking Alpha
seekingalpha.com - May 11 at 4:26 PM
finance.yahoo.com logoBGC Partners Announces Its 2017 Annual Meeting of Stockholders
finance.yahoo.com - May 11 at 9:23 AM
americanbankingnews.com logoBGC Partners, Inc. (bgcp) Declares Quarterly Dividend of $0.18
www.americanbankingnews.com - May 9 at 10:56 AM
nasdaq.com logoBGC Partners Inc. Q1 Profit Rises 38%
www.nasdaq.com - May 6 at 4:17 PM
seekingalpha.com logoBGC Partners' (BGCP) CEO Howard Lutnick on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 6 at 4:17 PM
finance.yahoo.com logoEdited Transcript of BGCP earnings conference call or presentation 4-May-17 2:00pm GMT
finance.yahoo.com - May 5 at 2:05 AM
finance.yahoo.com logoBGC Partners Reports First Quarter 2017 Financial Results - Yahoo Finance
finance.yahoo.com - May 4 at 9:03 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - May 4 at 5:00 PM
finance.yahoo.com logoInvestor Network: BGC Partners, Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 4:01 PM
finance.yahoo.com logoBGC Partners Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 4:01 PM
marketbeat.com logoBGC Partners posts 1Q profit
marketbeat.com - May 4 at 9:29 AM
americanbankingnews.com logoBGC Partners (BGCP) Earning Positive Media Coverage, Report Finds
www.americanbankingnews.com - May 2 at 8:40 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 10:24 AM
americanbankingnews.com logoSomewhat Critical News Coverage Extremely Likely to Affect BGC Partners (BGCP) Stock Price
www.americanbankingnews.com - April 29 at 11:15 AM
americanbankingnews.com logoBGC Partners (BGCP) Earning Somewhat Negative Press Coverage, Report Finds
www.americanbankingnews.com - April 26 at 1:46 PM
finance.yahoo.com logoFENICS Market Data Continues Americas Expansion with Two Key Hires
finance.yahoo.com - April 26 at 12:26 PM
finance.yahoo.com logoBGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : April 25, 2017
finance.yahoo.com - April 25 at 12:38 PM
americanbankingnews.com logoBGC Partners (BGCP) Receives Daily Media Sentiment Score of 0.15
www.americanbankingnews.com - April 23 at 1:23 PM
americanbankingnews.com logoBGC Partners (BGCP) Given Daily Media Sentiment Score of 0.08
www.americanbankingnews.com - April 20 at 4:36 PM
americanbankingnews.com logoBGC Partners (BGCP) Getting Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 5:25 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Short Interest Up 12.1% in March
www.americanbankingnews.com - April 17 at 12:08 PM
zacks.com logoNew Strong Buy Stocks for April 17th
www.zacks.com - April 17 at 11:48 AM
reuters.com logoBRIEF-BGC Partners entered into a controlled equity offering sales agreement with Cantor Fitzgerald & Co
www.reuters.com - April 13 at 9:04 PM
americanbankingnews.com logoBGC Partners (BGCP) Earning Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 13 at 8:52 AM
americanbankingnews.com logoBGC Partners (BGCP) to Repurchase $170.3 million in Outstanding Shares
www.americanbankingnews.com - April 12 at 8:51 AM
finance.yahoo.com logoIs BGC Partners (BGCP) a Great Stock for Value Investors?
finance.yahoo.com - April 7 at 3:51 PM
finance.yahoo.com logoBGC Partners' First Quarter 2017 Financial Results Announcement to be Issued Prior to Market Open on Thursday, May 4, 2017
finance.yahoo.com - April 7 at 8:26 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Upgraded to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - April 3 at 8:52 PM
capitalcube.com logoBGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : April 3, 2017
us.rd.yahoo.com - April 3 at 4:17 PM
finance.yahoo.com logoBGC Partners Updates Its Outlook For The First Quarter Of 2017
finance.yahoo.com - March 30 at 4:18 PM
biz.yahoo.com logoBGC PARTNERS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 30 at 4:18 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Short Interest Down 18.8% in March
www.americanbankingnews.com - March 29 at 8:11 AM
nasdaq.com logoBGCP Breaks Above 6% Yield Territory
www.nasdaq.com - March 22 at 8:38 PM
finance.yahoo.com logoDataGenic and GFI Group Enter Data Distribution Agreement
finance.yahoo.com - March 20 at 10:52 AM
finance.yahoo.com logoBGC PARTNERS, INC. Financials
finance.yahoo.com - March 4 at 4:25 PM
bizjournals.com logoTechnical Reports on Investment Brokerage Stocks -- TD Ameritrade, Leucadia National, CME Group, and BGC Partners
www.bizjournals.com - March 1 at 3:53 PM
streetinsider.com logoBGC Partners (BGCP) Completes Acquisition of Besso Insurance Group - StreetInsider.com
www.streetinsider.com - March 1 at 8:28 AM
biz.yahoo.com logoBGC PARTNERS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 8:28 AM
biz.yahoo.com logoBGC PARTNERS, INC. Files SEC form 8-K, Financial Statements and Exhibits
biz.yahoo.com - March 1 at 8:28 AM
nasdaq.com logoBGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for February 24, 2017 - Nasdaq
www.nasdaq.com - February 24 at 3:51 PM
seekingalpha.com logoBGC Partners: Adding Value To The Dividend Investor's Portfolio - Seeking Alpha
seekingalpha.com - February 13 at 3:15 PM
reuters.com logoBRIEF-BGC Partners Q4 earnings per share $0.06
www.reuters.com - February 11 at 3:55 PM
streetinsider.com logoBGC Partners (BGCP) Submits Draft Registration Statement for Proposed IPO of Real Estate Services Business
www.streetinsider.com - February 11 at 3:55 PM

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Chart

BGC Partners (BGCP) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff