BGC Partners, Inc. operates as a global financial intermediary to the financial and real estate markets. The company operates through two segments: Financial Services and Real Estate Services. The Financial Services segment provides brokerage of a broad range of products, including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products. It also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and non-financial institutions. The Real Estate Services segment offers commercial real estate tenants, owners, investors and developers a wide range of services, including leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management. BGC Partners was founded in 1945 and is headquartered in New York, NY.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:BGCP
Previous Symbol
CUSIP05541T10
Phone212-610-2200
Debt
Debt-to-Equity Ratio0.70
Current Ratio1.14
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio4.93
Forward P/E Ratio4.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.35 billion
Price / Sales0.58
Cash Flow$2.5042 per share
Price / Cash Flow2.36
Book Value$3.91 per share
Price / Book1.51
Profitability
EPS (Most Recent Fiscal Year)$1.20
Net Income$51.47 million
Net Margins2.49%
Return on Equity43.44%
Return on Assets9.58%
Miscellaneous
Employees9,238
Outstanding Shares330,050,000
Market Cap$2.03 billion
OptionableOptionable
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 declared a quarterly dividend on Thursday, October 25th. Stockholders of record on Wednesday, November 7th will be given a dividend of $0.18 per share on Wednesday, November 28th. This represents a $0.72 annualized dividend and a dividend yield of 12.31%. The ex-dividend date of this dividend is Tuesday, November 6th. View BGC Partners' Dividend History.
How will BGC Partners' stock buyback program work?
BGC Partners declared that its board has authorized a share repurchase program on Wednesday, April 12th 2017, which authorizes the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.
How were BGC Partners' earnings last quarter?
BGC Partners, Inc. (NASDAQ:BGCP) released its earnings results on Thursday, October, 25th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.03. The financial services provider earned $977.25 million during the quarter, compared to analysts' expectations of $969 million. BGC Partners had a return on equity of 43.44% and a net margin of 2.49%. View BGC Partners' Earnings History.
When is BGC Partners' next earnings date?
What guidance has BGC Partners issued on next quarter's earnings?
BGC Partners updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.672-3.739 billion, compared to the consensus revenue estimate of $3.92 billion.BGC Partners also updated its Q4 2018 guidance to EPS.
What price target have analysts set for BGCP?
2 equities research analysts have issued 1 year price objectives for BGC Partners' shares. Their predictions range from $16.00 to $16.00. On average, they anticipate BGC Partners' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 173.5% from the stock's current price. View Analyst Price Targets for BGC Partners.
What is the consensus analysts' recommendation for BGC Partners?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for BGC Partners.
Has BGC Partners been receiving favorable news coverage?
Media headlines about BGCP stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring 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 closest to five being the most favorable. BGC Partners earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of BGC Partners' key competitors?
Who are BGC Partners' key executives?
BGC Partners' management team includes the folowing people:
- Howard William Lutnick, Chairman & Chief Executive Officer
- Shaun D. Lynn, President
- Sean Anthony Windeatt, Chief Operating Officer & Executive Vice President
- Steven Roy McMurray, Chief Financial Officer
- Eric T. Hirschhorn, Chief Information Officer
Who are BGC Partners' major shareholders?
BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.31%), BlackRock Inc. (3.60%), Renaissance Technologies LLC (1.15%), Brown Brothers Harriman & Co. (1.07%), Dimensional Fund Advisors LP (0.96%) and AQR Capital Management LLC (0.93%). Company insiders that own BGC Partners stock include Linda A Bell, Sean Galvin and William J Moran. 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 Renaissance Technologies LLC, Marshall Wace North America L.P., Dimensional Fund Advisors LP, Brown Brothers Harriman & Co., AQR Capital Management LLC, Deutsche Bank AG, Neuberger Berman Group LLC and American Century Companies Inc.. 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 Marshall Wace LLP, Vanguard Group Inc., EJF Capital LLC, Rubric Capital Management LP, Philadelphia Financial Management of San Francisco LLC, Great Lakes Advisors LLC, Great Lakes Advisors LLC and Engineers Gate Manager LP. 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.
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 $5.85.
How big of a company is BGC Partners?
BGC Partners has a market capitalization of $2.03 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.
What is BGC Partners' official website?
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)
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.
