NASDAQ:BGCP - BGC Partners Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$11.00 -0.11 (-0.99 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$11.00
Today's Range$10.94 - $11.12
52-Week Range$10.65 - $16.97
Volume1.47 million shs
Average Volume1.90 million shs
Market Capitalization$3.50 billion
P/E Ratio9.17
Dividend Yield6.55%
Beta1.08
BGC Partners logoBGC Partners, Inc. operates as a brokerage company servicing the financial and real estate markets worldwide. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services for fixed income, interest rate derivatives, spot foreign exchange, foreign exchange derivatives, government bonds, corporate bonds, credit derivatives, insurance and money market products, energy, metals, equity derivatives, and structured market data products and services. This segment also offers trade execution, broker-dealer, clearing, processing, trade compression, and other back-office services. In addition, it 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; software and technology infrastructure for the transactional and technology related elements; and option pricing and analysis tools. Further, this segment offers financial technology solutions, post-trade, and analytics related to financial instruments and markets under the FENICS, BGC Trader, FENICS Market Data, BGC Market Data, Capitalab, and Lucera brands. The Real Estate Services segment offers corporate advisory, investment sales, and agency leasing services; lending and loan servicing, due diligence and underwriting, workplace and occupancy strategy, and corporate and consulting services, as well as intercompany referrals; real estate finance, consulting, appraisal, and valuation services; project and development management services; and property and facilities management services. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms, as well as institutional clients. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

Receive BGCP News and Ratings via Email

Sign-up to receive the latest news and ratings for BGCP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNASDAQ:BGCP
CUSIP05541T10
Phone212-610-2200

Debt

Debt-to-Equity Ratio0.99
Current Ratio1.14
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio9.17
Forward P/E Ratio7.97
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.35 billion
Price / Sales1.04
Cash Flow$2.6128 per share
Price / Cash4.21
Book Value$3.91 per share
Price / Book2.81

Profitability

EPS (Most Recent Fiscal Year)$1.20
Net Income$51.47 million
Net Margins1.24%
Return on Equity48.64%
Return on Assets9.03%

Miscellaneous

Employees9,238
Outstanding Shares317,800,000
Market Cap$3,495.82

BGC Partners (NASDAQ:BGCP) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, May 3rd. Shareholders of record on Monday, May 21st will be given a dividend of $0.18 per share on Tuesday, June 5th. This represents a $0.72 annualized dividend and a yield of 6.55%. The ex-dividend date is Friday, May 18th. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners declared that its board has approved a share buyback program on Wednesday, April 12th 2017, which permits the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) released its quarterly earnings results on Thursday, May, 3rd. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.02. The financial services provider had revenue of $956.65 million for the quarter, compared to analyst estimates of $924 million. BGC Partners had a return on equity of 48.64% and a net margin of 1.24%. View BGC Partners' Earnings History.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for BGC Partners.

What is the consensus analysts' recommendation for BGC Partners?

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, resulting in a consensus recommendation of "Buy."

Who are some of BGC Partners' key competitors?

Who are BGC Partners' key executives?

BGC Partners' management team includes the folowing people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 56)
  • Mr. Shaun D. Lynn, Pres (Age 55)
  • Mr. Steven R. McMurray, Chief Financial Officer (Age 44)
  • Mr. Sean A. Windeatt, Chief Operating Officer (Age 45)
  • Mr. Stephen M. Merkel, Exec. VP, Gen. Counsel & Company Sec. (Age 59)

Has BGC Partners been receiving favorable news coverage?

News headlines about BGCP stock have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BGC Partners earned a news impact score of 0.21 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include James Investment Research Inc. (0.06%), Clinton Group Inc. (0.03%), Boston Advisors LLC (0.03%), Bank of Montreal Can (0.02%), Raymond James Trust N.A. (0.01%) and Nisa Investment Advisors LLC (0.01%). 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 Boston Advisors LLC, Clinton Group Inc. and Bank of Montreal Can. View Insider Buying and Selling for BGC Partners.

Which institutional investors are buying BGC Partners stock?

BGCP stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Nisa Investment Advisors LLC and Raymond James Trust N.A.. View Insider Buying and Selling for BGC Partners.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BGC Partners' stock price today?

One share of BGCP stock can currently be purchased for approximately $11.00.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $3.50 billion and generates $3.35 billion in revenue each year. The financial services provider earns $51.47 million in net income (profit) each year or $1.20 on an earnings per share basis. BGC Partners employs 9,238 workers across the globe.

How can I contact BGC Partners?

BGC Partners' mailing address is 499 PARK AVENUE, NEW YORK NY, 10022. The financial services provider can be reached via phone at 212-610-2200.


MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about BGC Partners and other stocks. Vote "Outperform" if you believe BGCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/23/2018 by MarketBeat.com Staff

Featured Article: Relative Strength Index

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.