About BGC Partners (NASDAQ:BGCP)
BGC Partners, Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables them to use voice, hybrid, or in various markets, electronic brokerage services in connection with transactions executed either over-the-counter or through an exchange. Through the Company's FENICS, Lucera, BGC Trader, BGC Market Data and Capitalab brands, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to select financial instruments and markets.
Industry, Sector and Symbol:
- Industry: Brokerage Services
- Sub-Industry: Investment Banking & Brokerage
- Sector: Financials
- Symbol: NASDAQ:BGCP
- CUSIP: 05541T10
- Web: www.bgcpartners.com
- Debt-to-Equity Ratio: 2.97%
- Current Ratio: 1.32%
- Quick Ratio: 1.31%
Sales & Book Value:
- Trailing P/E Ratio: 15.52
- Annual Sales: $2.61262 billion
- Price / Sales: 1.72
- Cash Flow: $1.74 per share
- Price / Cash: 9.03
- Book Value: $4.12 per share
- Price / Book: 3.81
- Annual Dividend: $0.72
- Dividend Yield: 4.6%
- Trailing EPS: $0.63
- Net Income: $102.47 million
- Net Margins: 4.67%
- Return on Equity: 42.02%
- Return on Assets: 8.66%
- Employees: 8,091
- Outstanding Shares: 286,370,000
Frequently Asked Questions for BGC Partners (NASDAQ:BGCP)
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 Tuesday, October 24th. Shareholders of record on Tuesday, November 14th will be given a dividend of $0.18 per share on Wednesday, November 29th. This represents a $0.72 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend is Monday, November 13th. View BGC Partners' Dividend History.
How will BGC Partners' stock buyback program work?
BGC Partners announced that its Board of Directors has approved a stock buyback plan on Wednesday, April 12th 2017, which allows the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.
How were BGC Partners' earnings last quarter?
BGC Partners, Inc. (NASDAQ:BGCP) issued its quarterly earnings data on Thursday, October, 26th. The financial services provider reported $0.29 earnings per share for the quarter, meeting analysts' consensus estimates of $0.29. The financial services provider had revenue of $827.03 million for the quarter. BGC Partners had a net margin of 4.67% and a return on equity of 42.02%. View BGC Partners' Earnings History.
When will BGC Partners make its next earnings announcement?
Are investors shorting BGC Partners?
BGC Partners saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,227,903 shares, a decrease of 52.4% from the October 13th total of 2,581,720 shares. Based on an average daily volume of 1,998,812 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the company's shares are sold short.
Who are some of BGC Partners' key competitors?
Some companies that are related to BGC Partners include American Financial Group (AFG), Kimco Realty Corporation (KIM), W.R. Berkley Corporation (WRB), Aercap Holdings N.V. (AER), VEREIT (VER), AGNC Investment Corp. (AGNC), Gaming and Leisure Properties (GLPI), Voya Financial (VOYA), MGM Growth Properties LLC (MGP), Sun Communities (SUI), Kilroy Realty Corporation (KRC), The Carlyle Group L.P. (CG), Brown & Brown (BRO), Ares Capital Corporation (ARCC), Land Securities Group plc (LAND), MarketAxess Holdings (MKTX), Oaktree Capital Group, LLC (OAK) and National Retail Properties (NNN).
Who are BGC Partners' key executives?
BGC Partners' management team includes the folowing people:
- Howard W. Lutnick, Chairman of the Board, Chief Executive Officer (Age 55)
- Shaun D. Lynn, President (Age 54)
- Steven R. McMurray, Chief Financial Officer (Age 43)
- Sean A. Windeatt, Chief Operating Officer (Age 43)
- Stephen M. Merkel, Executive Vice President, General Counsel, Secretary (Age 58)
- Linda A. Bell, Independent Director (Age 58)
- Stephen T. Curwood, Independent Director (Age 69)
- John H. Dalton, Independent Director (Age 75)
- William J. Moran, Independent Director (Age 75)
Who owns BGC Partners stock?
BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (3.30%), Dimensional Fund Advisors LP (2.46%), JPMorgan Chase & Co. (1.08%), Eagle Asset Management Inc. (0.65%), Wells Fargo & Company MN (0.56%) and Raymond James Financial Services Advisors Inc. (0.47%). View Institutional Ownership Trends for BGC Partners.
Who sold BGC Partners stock? Who is selling BGC Partners stock?
BGC Partners' stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Jane Street Group LLC, Eagle Asset Management Inc., Icon Advisers Inc. Co., Allianz Asset Management GmbH, Commonwealth Equity Services Inc, BNP Paribas Arbitrage SA and Silver Capital Management LLC. View Insider Buying and Selling for BGC Partners.
Who bought BGC Partners stock? Who is buying BGC Partners stock?
BGC Partners' stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Wells Fargo & Company MN, First Trust Advisors LP, OxFORD Asset Management LLP, First Quadrant L P CA, APG Asset Management N.V., Willingdon Wealth Management and Shell Asset Management Co.. View Insider Buying and Selling for BGC Partners.
How do I buy BGC Partners stock?
Shares of BGC Partners 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 BGC Partners stock can currently be purchased for approximately $15.68.
How big of a company is BGC Partners?
BGC Partners has a market capitalization of $4.53 billion and generates $2.61262 billion in revenue each year. The financial services provider earns $102.47 million in net income (profit) each year or $0.63 on an earnings per share basis. BGC Partners employs 8,091 workers across the globe.
How can I contact BGC Partners?
BGC Partners' mailing address is 499 Park Ave, NEW YORK, NY 10022-1240, United States. The financial services provider can be reached via phone at +1-212-6102200.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for BGC Partners (NASDAQ:BGCP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for BGC Partners (NASDAQ:BGCP)
Analysts' Ratings History for BGC Partners (NASDAQ:BGCP)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for BGC Partners (NASDAQ:BGCP)
Earnings History by Quarter for BGC Partners (NASDAQ BGCP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.29||$0.29||$827.03 million||View||N/A|
|7/26/2017||Q2 2017||$0.24||$0.24||$716.00 million||$737.80 million||View||N/A|
|5/4/2017||Q1 2017||$0.23||$0.23||$693.00 million||$707.40 million||View||Listen|
|2/9/2017||Q416||$0.24||$0.25||$658.80 million||$673.20 million||View||Listen|
|10/27/2016||Q316||$0.21||$0.21||$674.05 million||$643.50 million||View||Listen|
|7/28/2016||Q216||$0.19||$0.19||$665.70 million||$652.00 million||View||Listen|
|4/27/2016||Q116||$0.18||$0.18||$664.95 million||$660.10 million||View||Listen|
|2/10/2016||Q415||$0.19||$0.23||$690.40 million||$692.00 million||View||Listen|
|10/28/2015||Q3||$0.19||$0.19||$707.00 million||$700.90 million||View||Listen|
|7/29/2015||Q215||$0.17||$0.18||$667.40 million||$684.60 million||View||Listen|
|4/29/2015||Q115||$0.18||$0.18||$534.52 million||$563.90 million||View||N/A|
|2/11/2015||Q414||$0.19||$0.18||$509.46 million||$515.50 million||View||N/A|
|10/30/2014||Q314||$0.16||$0.17||$426.84 million||$449.80 million||View||N/A|
|7/31/2014||Q214||$0.13||$0.13||$429.60 million||$430.30 million||View||N/A|
|5/1/2014||Q114||$0.13||$0.15||$436.00 million||$445.90 million||View||Listen|
|2/12/2014||Q413||$0.11||$0.15||$421.88 million||$432.90 million||View||Listen|
|10/31/2013||Q313||$0.12||$0.10||$426.00 million||$414.40 million||View||Listen|
|8/1/2013||Q2 2013||$0.13||$0.18||$460.92 million||$471.10 million||View||Listen|
|5/2/2013||Q1 2013||$0.12||$0.12||$440.66 million||$449.80 million||View||Listen|
|2/14/2013||Q4 2012||$0.12||$0.12||$432.94 million||$436.30 million||View||Listen|
|11/2/2012||$0.13||$0.13||$437.60 million||$445.70 million||View||N/A|
Earnings Estimates for BGC Partners (NASDAQ:BGCP)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for BGC Partners (NASDAQ:BGCP)
|Payout Ratio:||114.29% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for BGC Partners (NASDAQ BGCP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for BGC Partners (NASDAQ BGCP)
Insider Ownership Percentage: 37.40%
Institutional Ownership Percentage: 42.68%
Insider Trades by Quarter for BGC Partners (NASDAQ BGCP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/2/2017||Linda A. Bell||Director||Sell||13,650||$14.70||$200,655.00|| |
|6/8/2015||Stephen T Curwood||Director||Sell||4,000||$9.16||$36,640.00|| |
|12/17/2014||Stephen T Curwood||Director||Sell||7,600||$8.86||$67,336.00|| |
|8/20/2014||Linda A Bell||Director||Sell||3,471||$7.62||$26,449.02|| |
|7/7/2014||John H Dalton||Director||Buy||11,400||$7.53||$85,842.00|| |
|6/18/2014||Stephen T Curwood||Director||Sell||4,800||$7.48||$35,904.00|| |
|6/21/2013||John H Dalton||Director||Buy||10,000||$5.61||$56,100.00|| |
|6/5/2013||Albert M Weis||Director||Buy||20,000||$5.51||$110,200.00|| |
Latest Headlines for BGC Partners (NASDAQ BGCP)
|BGC Partners, Inc. : BGCP-US: Dividend Analysis : November 14th, 2017 (record date) : By the numbers : November 14, 2017|
finance.yahoo.com - November 14 at 4:59 PM
|BGC Partners, Inc. (BGCP) Short Interest Down 52.4% in October|
www.americanbankingnews.com - November 13 at 2:32 AM
|BGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for November 13, 2017 - Nasdaq|
www.nasdaq.com - November 10 at 1:02 PM
|BGC Partners, Inc. to Issue Quarterly Dividend of $0.18 (BGCP)|
www.americanbankingnews.com - November 8 at 10:34 AM
|Technical Reports on Investment Brokerage Equities -- BGC Partners, CME Group ...|
www.prnewswire.com - November 7 at 7:20 PM
|BGC Partners Reschedules Analyst Day to Thursday, May 17, 2018|
finance.yahoo.com - November 2 at 5:08 PM
|BGC Partners, Inc. (BGCP) Announces Quarterly Earnings Results|
www.americanbankingnews.com - October 27 at 3:18 PM
|Edited Transcript of BGCP earnings conference call or presentation 26-Oct-17 2:00pm GMT|
finance.yahoo.com - October 27 at 2:42 AM
|BGC Partners Q3 Pre-Tax Profit Up|
www.nasdaq.com - October 26 at 4:37 PM
|BGC Partners' (BGCP) CEO Howard Lutnick on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - October 26 at 4:37 PM
|Should You Expect BGC Partners Inc (BGCP) To Continue Delivering An ROE Of 12.26%?|
finance.yahoo.com - October 26 at 4:37 PM
|BGC Partners Reports Third Quarter 2017 Financial Results|
finance.yahoo.com - October 26 at 9:21 AM
|BGC Partners posts 3Q profit|
finance.yahoo.com - October 26 at 9:21 AM
|BGC Partners, Inc. (BGCP) Sees Significant Increase in Short Interest|
www.americanbankingnews.com - October 26 at 1:20 AM
|Commercial real estate brokerage Newmark Group files for a $100 million IPO|
www.nasdaq.com - October 24 at 4:17 AM
|Christmas Plans Face Ruin for Finance Industry as MiFID II Looms|
www.bloomberg.com - October 23 at 5:26 PM
|BGC Brokers' Capitalab Successfully Launches Initial Margin Optimisation In Rates Space|
finance.yahoo.com - October 19 at 5:05 PM
|BGC Partners, Inc. (BGCP) Scheduled to Post Earnings on Wednesday|
www.americanbankingnews.com - October 18 at 2:58 AM
|BGC Partners (BGCP): Strong Industry, Solid Earnings Estimate Revisions - Nasdaq|
www.nasdaq.com - October 11 at 11:03 PM
|BGC Partners (BGCP): Strong Industry, Solid Earnings Estimate Revisions|
finance.yahoo.com - October 11 at 6:01 PM
|OneMain Holdings (OMF) Catches Eye: Stock Jumps 10.2%|
finance.yahoo.com - October 10 at 5:44 PM
|FXO, SC, BGCP, OMF: ETF Outflow Alert - Nasdaq|
www.nasdaq.com - October 6 at 4:46 PM
|Surging Earnings Estimates Signal Good News for BGC Partners (BGCP)|
finance.yahoo.com - October 5 at 2:43 PM
|Top Ranked Momentum Stocks to Buy for October 5th|
finance.yahoo.com - October 5 at 2:43 PM
|BGC Partners, Inc. (BGCP) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - October 4 at 8:32 PM
|Linda A. Bell Sells 13,650 Shares of BGC Partners, Inc. (BGCP) Stock|
www.americanbankingnews.com - October 3 at 11:15 PM
|ETFs with exposure to BGC Partners, Inc. : October 3, 2017|
finance.yahoo.com - October 3 at 4:19 PM
|Pre-Market Technical Recap on Investment Brokerage Stocks -- BGC Partners, CME ...|
www.prnewswire.com - October 2 at 11:57 AM
|BGC Partners Sees Q3 Revenues, Pre-tax Earnings Towards High-end Of View Range|
www.nasdaq.com - September 29 at 8:50 AM
|BRIEF-BGC PARTNERS SEES Q3 2017 REVENUE ABOUT $805 MLN TO $820 MLN|
www.reuters.com - September 29 at 8:50 AM
|BGC Partners Updates Its Outlook For The Third Quarter Of 2017|
www.marketwatch.com - September 29 at 8:50 AM
|Japan Election Turmoil Sets Up Two-Horse Race: Abe Versus Koike|
www.bloomberg.com - September 28 at 12:59 PM
|Shawn McLoughlin Appointed CEO of BGC Financial, Americas|
finance.yahoo.com - September 28 at 12:59 PM
|Interesting BGCP Put And Call Options For May 2018|
www.nasdaq.com - September 20 at 5:17 PM
|BGC's Ingram Sees Fed Shifting Dots in 2018|
finance.yahoo.com - September 19 at 4:29 PM
|BGC Partners, Inc. : BGCP-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017|
finance.yahoo.com - September 13 at 5:42 PM
|Featured Company News - BGC Partners Acquires Berkeley Point Financial; Set to Expand Real Estate Service Offerings|
finance.yahoo.com - September 12 at 4:45 PM
|ETFs with exposure to BGC Partners, Inc. : September 12, 2017|
finance.yahoo.com - September 11 at 10:13 PM
|BGC Partners, Inc. :BGCP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017|
finance.yahoo.com - September 8 at 9:56 PM
|BGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : September 8, 2017|
finance.yahoo.com - September 8 at 4:55 PM
|BGC Partners Completes Acquisition of Berkeley Point|
finance.yahoo.com - September 8 at 4:55 PM
|Newmark Knight Frank Announces Agreement to Acquire Six Integra Realty Resources Offices for its Valuation & Advisory Group|
finance.yahoo.com - September 7 at 4:46 PM
|FENICS Market Data Partners with China Credit BGC Money Broking Company Ltd ...|
www.prnewswire.com - August 28 at 4:31 PM
|FENICS Market Data Partners with China Credit BGC Money Broking Company Ltd. to Offer Clients China Market Data|
finance.yahoo.com - August 28 at 2:12 AM
|BGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : August 23, 2017|
finance.yahoo.com - August 23 at 4:40 PM
|BGC Partners, Inc. (NASDAQ:BGCP) Sees Large Growth in Short Interest|
www.americanbankingnews.com - August 13 at 1:46 AM
|BGC Partners, Inc. breached its 50 day moving average in a Bearish Manner : BGCP-US : August 11, 2017|
finance.yahoo.com - August 11 at 4:58 PM
|New Strong Sell Stocks for August 10th - Nasdaq|
www.nasdaq.com - August 10 at 5:40 PM
|See what the IHS Markit Score report has to say about BGC Partners Inc.|
finance.yahoo.com - August 10 at 5:40 PM
|BGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for August 10, 2017 - Nasdaq|
www.nasdaq.com - August 9 at 4:44 PM
BGC Partners (NASDAQ BGCP) Chart for Monday, November, 20, 2017