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

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$6.26 +0.08 (+1.29 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$6.18
Today's Range$6.17 - $6.33
52-Week Range$4.93 - $14.67
Volume2.06 million shs
Average Volume2.27 million shs
Market Capitalization$2.07 billion
P/E Ratio8.69
Dividend Yield11.65%
Beta1.4
BGC 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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.94 billion
Cash Flow$2.5975 per share
Book Value$3.91 per share

Profitability

Net Income$194.14 million

Miscellaneous

Employees9,238
Market Cap$2.07 billion
Next Earnings Date5/2/2019 (Estimated)
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 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 annualized dividend and a yield of 8.95%. The ex-dividend date is Tuesday, March 5th. This is an increase from BGC Partners's previous quarterly dividend of $0.12. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

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

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) issued its quarterly earnings results on Thursday, February, 14th. The financial services provider reported $0.14 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.02. The financial services provider had revenue of $466.40 million for the quarter, compared to the consensus estimate of $462 million. BGC Partners had a return on equity of 34.49% and a net margin of 5.82%. The firm's revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 earnings per share. 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, May 2nd 2019. View Earnings Estimates for BGC Partners.

What guidance has BGC Partners issued on next quarter's earnings?

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.

What price target have analysts set for BGCP?

1 equities research analysts have issued 12-month target prices for BGC Partners' stock. Their predictions range from $16.00 to $16.00. On average, they expect BGC Partners' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 155.6% from the stock's current price. View Analyst Price Targets 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 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?

Press coverage about BGCP stock has trended somewhat positive recently, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BGC Partners earned a news impact score of 1.7 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of BGC Partners' key competitors?

What other stocks do shareholders of BGC Partners own?

Who are BGC Partners' key executives?

BGC Partners' management team includes the folowing people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 57)
  • Mr. Shaun D. Lynn, Pres (Age 56)
  • Mr. Sean A. Windeatt, Exec. VP, Interim CFO & COO (Age 46)
  • Mr. Stephen M. Merkel, Exec. VP, Gen. Counsel & Company Sec. (Age 60)
  • Mr. Sean P. Galvin, Chief Accounting Officer

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional investors 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 Dimensional Fund Advisors LP (0.83%). 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 major investors are selling BGC Partners stock?

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, Two Sigma Investments LP, MUFG Securities EMEA plc, Squarepoint Ops LLC and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for BGC Partners.

Which major investors are buying BGC Partners stock?

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Raymond James & Associates, Millennium Management LLC, Bank of New York Mellon Corp, Seacliff Capital LLC, BlackRock Inc., Eaton Vance Management and Segall Bryant & Hamill 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.

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 $6.26.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $2.07 billion and generates $1.94 billion in revenue each year. The financial services provider earns $194.14 million in net income (profit) each year or $0.72 on an earnings per share basis. BGC Partners employs 9,238 workers across the globe.

What is BGC Partners' official website?

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

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:  1.9 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  288 (Vote Underperform)
Total Votes:  469
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 2/22/2019 by MarketBeat.com Staff

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