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

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

BGC Partners announced a quarterly dividend on Friday, February 15th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.14 per share on Wednesday, March 20th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date of this dividend is Tuesday, March 5th. This is a boost from BGC Partners's previous quarterly dividend of $0.12. View BGC Partners' Dividend History.

BGC Partners declared that its board has initiated a stock repurchase plan on Wednesday, April 12th 2017, which permits the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings data on Thursday, February, 14th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.02. The financial services provider earned $466.40 million during the quarter, compared to analysts' expectations of $462 million. BGC Partners had a return on equity of 39.22% and a net margin of 5.82%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 EPS. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for BGC Partners.

BGC Partners updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $515-555 million, compared to the consensus revenue estimate of $511.2 million.

1 brokerages have issued 1-year target prices for BGC Partners' shares. Their predictions range from $16.00 to $16.00. On average, they expect BGC Partners' share price to reach $16.00 in the next year. This suggests a possible upside of 186.7% from the stock's current price. View Analyst Price Targets 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 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for BGC Partners.

News stories about BGCP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BGC Partners earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Some companies that are related to BGC Partners include LPL Financial (LPLA), INTL Fcstone (INTL), Yintech Investment (YIN), OTC Markets Group (OTCM), National (NHLD) and Primus Guaranty (PRSG).

Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Centurylink (CTL), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY), Prospect Capital (PSEC), Ship Finance International (SFL), New Residential Investment (NRZ), Blackstone Group (BX) and Ares Capital (ARCC).

BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (5.23%), BlackRock Inc. (3.72%), Raymond James & Associates (3.03%), Millennium Management LLC (0.90%), Geode Capital Management LLC (0.85%) and Geode Capital Management LLC (0.85%). 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 Nomura Holdings Inc., Philadelphia Financial Management of San Francisco LLC, Martingale Asset Management L P, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Two Sigma Investments LP, MUFG Securities EMEA plc and MUFG Securities EMEA plc. View Insider Buying and Selling for BGC Partners.

BGCP stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Raymond James & Associates, Norges Bank, Millennium Management LLC, Bank of New York Mellon Corp, Seacliff Capital LLC, BlackRock Inc. and FMR LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of BGCP stock can currently be purchased for approximately $5.58.

BGC Partners has a market capitalization of $1.88 billion and generates $1.94 billion in revenue each year. The financial services provider earns $197.52 million in net income (profit) each year or $0.72 on an earnings per share basis. BGC Partners employs 4,688 workers across the globe.

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.