NASDAQ:BGCP - BGC Partners Stock Price, Forecast & News

BGC Partners trades on the NASDAQ under the ticker symbol "BGCP."

BGC Partners announced a quarterly dividend on Friday, February 7th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.14 per share on Wednesday, March 11th. This represents a $0.56 annualized dividend and a dividend yield of 11.45%. The ex-dividend date is Tuesday, February 25th. View BGC Partners' Dividend History.

BGC Partners, Inc. (NASDAQ:BGCP) posted its earnings results on Thursday, February, 6th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.01. The financial services provider earned $487.20 million during the quarter, compared to the consensus estimate of $476 million. BGC Partners had a net margin of 2.65% and a return on equity of 34.44%. The firm's revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for BGC Partners.

BGC Partners issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $540-580 million, compared to the consensus revenue estimate of $562 million.

News articles about BGCP stock have trended very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BGC Partners earned a coverage optimism score of -3.7 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for BGC Partners.

BGC Partners saw a drop in short interest in January. As of January 31st, there was short interest totalling 5,990,000 shares, a drop of 8.1% from the January 15th total of 6,520,000 shares. Based on an average daily volume of 1,840,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.2% of the company's stock are sold short. View BGC Partners' Current Options Chain.

Some companies that are related to BGC Partners include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include NGL Energy Partners (NGL), Energy Transfer LP Unit (ET), CNX Midstream Partners (CNXM), Ford Motor (F), Centurylink (CTL), Ivanhoe Mines (IVN), Newmark Group (NMRK), New Residential Investment (NRZ), Arlington Asset Investment (AI) and AGNC Investment (AGNC).

BGC Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (5.33%), Raymond James & Associates (3.14%), Point72 Asset Management L.P. (2.29%), State Street Corp (1.17%), Bank of New York Mellon Corp (0.95%) and Geode Capital Management LLC (0.94%). Company insiders that own BGC Partners stock include Linda A Bell, Sean Galvin and William J Moran. View Institutional Ownership Trends for BGC Partners.

BGCP stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Renaissance Technologies LLC, Principal Financial Group Inc., Goldman Sachs Group Inc., Sei Investments Co., Philadelphia Financial Management of San Francisco LLC, Point72 Asset Management L.P. and AQR Capital Management LLC. View Insider Buying and Selling for BGC Partners.

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Man Group plc, Bank of New York Mellon Corp, Alberta Investment Management Corp, Raymond James Financial Services Advisors Inc., Steward Partners Investment Advisory LLC, State Street Corp and Credit Suisse AG. Company insiders that have bought BGC Partners stock in the last two years include Sean Galvin and William J Moran. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of BGCP stock can currently be purchased for approximately $4.89.

BGC Partners has a market capitalization of $1.70 billion and generates $2.10 billion in revenue each year. The financial services provider earns $55.71 million in net income (profit) each year or $0.61 on an earnings per share basis. BGC Partners employs 4,688 workers across the globe.View Additional Information About BGC Partners.

The official website for BGC Partners is http://www.bgcpartners.com/.

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.