BGC Partners Company Profile (NASDAQ:BGCP)

About BGC Partners (NASDAQ:BGCP)

BGC Partners logoBGC 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:
  • Sector: Finance
  • Industry: Brokerage Services
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NASDAQ:BGCP
  • CUSIP: 05541T10
  • Web: www.bgcpartners.com
Capitalization:
  • Market Cap: $3.81 billion
  • Outstanding Shares: 284,927,000
Average Prices:
  • 50 Day Moving Avg: $12.56
  • 200 Day Moving Avg: $11.60
  • 52 Week Range: $8.36 - $13.44
P/E:
  • Trailing P/E Ratio: 35.37
  • Foreward P/E Ratio: 11.83
  • P/E Growth: 1.07
Sales & Book Value:
  • Annual Revenue: $2.62 billion
  • Price / Sales: 1.45
  • Book Value: $2.98 per share
  • Price / Book: 4.49
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 5.4%
Profitability:
  • Net Margins: 4.14%
  • Return on Equity: 32.21%
  • Return on Assets: 8.14%
Debt:
  • Debt-to-Equity Ratio: 0.86%
  • Current Ratio: 1.17%
  • Quick Ratio: 1.16%
Misc:
  • Average Volume: 1.90 million shs.
  • Beta: 1.29
  • Short Ratio: 0.38
 
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 Monday, May 8th. Shareholders of record on Friday, May 19th will be paid a dividend of $0.18 per share on Monday, June 5th. This represents a $0.72 annualized dividend and a yield of 5.39%. The ex-dividend date is Wednesday, May 17th. This is an increase from BGC Partners's previous quarterly dividend of $0.16. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, April 12th 2017, which allows the company to repurchase $170,300,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its earnings results on Thursday, May, 4th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. The business earned $707.40 million during the quarter, compared to analysts' expectations of $693 million. BGC Partners had a net margin of 4.14% and a return on equity of 32.21%. The business's revenue was up 10.4% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. View BGC Partners' Earnings History.

When will BGC Partners make its next earnings announcement?

BGC Partners is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for BGC Partners.

Are investors shorting BGC Partners?

BGC Partners saw a decline in short interest during the month of June. As of June 30th, there was short interest totalling 1,066,357 shares, a decline of 64.3% from the June 15th total of 2,985,874 shares. Based on an average daily volume of 4,493,069 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are short sold.

Who are some of BGC Partners' key competitors?

Who are BGC Partners' key executives?

BGC Partners' management team includes the folowing people:

  • Howard W. Lutnick, Chairman of the Board, Chief Executive Officer
  • Shaun D. Lynn, President
  • Steven R. McMurray, Chief Financial Officer
  • Sean A. Windeatt, Chief Operating Officer
  • Stephen M. Merkel, Executive Vice President, General Counsel, Secretary
  • Linda A. Bell, Independent Director
  • Stephen T. Curwood, Independent Director
  • John H. Dalton, Independent Director
  • William J. Moran, Independent Director

Who owns BGC Partners stock?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Advisors Capital Management LLC (0.43%), Russell Investments Group Ltd. (0.38%), Bank of Montreal Can (0.13%), James Investment Research Inc. (0.04%), Aperio Group LLC (0.03%) and Diversified Trust Co (0.02%). 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 Advisors Capital Management LLC, Russell Investments Group Ltd., TNB Financial and Nisa Investment Advisors 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 Bank of Montreal Can, James Investment Research Inc., Aperio Group LLC, Visionary Asset Management Inc., Capital Management Associates NY, Meeder Asset Management Inc., Creative Planning and Paragon Capital Management Ltd. 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 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 $13.37.


MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  110 (Vote Underperform)
Total Votes:  168
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.

Analyst Ratings

Consensus Ratings for BGC Partners (NASDAQ:BGCP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for BGC Partners (NASDAQ:BGCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/29/2015Raymond James Financial, Inc.Reiterated RatingStrong-Buy$12.00 -> $14.00N/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for BGC Partners (NASDAQ:BGCP)
Earnings by Quarter for BGC Partners (NASDAQ:BGCP)
Earnings History by Quarter for BGC Partners (NASDAQ BGCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017$0.24N/AView Earnings Details
5/4/2017Q1 2017$0.23$0.23$693.00 million$707.40 millionViewListenView Earnings Details
2/9/2017Q416$0.24$0.25$658.80 million$673.20 millionViewListenView Earnings Details
10/27/2016Q316$0.21$0.21$674.05 million$643.50 millionViewListenView Earnings Details
7/28/2016Q216$0.19$0.19$665.70 million$652.00 millionViewListenView Earnings Details
4/27/2016Q116$0.18$0.18$664.95 million$660.10 millionViewListenView Earnings Details
2/10/2016Q415$0.19$0.23$690.40 million$692.00 millionViewListenView Earnings Details
10/28/2015Q3$0.19$0.19$707.00 million$700.90 millionViewListenView Earnings Details
7/29/2015Q215$0.17$0.18$667.40 million$684.60 millionViewListenView Earnings Details
4/29/2015Q115$0.18$0.18$534.52 million$563.90 millionViewN/AView Earnings Details
2/11/2015Q414$0.19$0.18$509.46 million$515.50 millionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.17$426.84 million$449.80 millionViewN/AView Earnings Details
7/31/2014Q214$0.13$0.13$429.60 million$430.30 millionViewN/AView Earnings Details
5/1/2014Q114$0.13$0.15$436.00 million$445.90 millionViewListenView Earnings Details
2/12/2014Q413$0.11$0.15$421.88 million$432.90 millionViewListenView Earnings Details
10/31/2013Q313$0.12$0.10$426.00 million$414.40 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.13$0.18$460.92 million$471.10 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.12$0.12$440.66 million$449.80 millionViewListenView Earnings Details
2/14/2013Q4 2012$0.12$0.12$432.94 million$436.30 millionViewListenView Earnings Details
11/2/2012$0.13$0.13$437.60 million$445.70 millionViewN/AView Earnings Details
7/26/2012$0.17$0.17ViewN/AView Earnings Details
5/3/2012$0.19$0.19ViewN/AView Earnings Details
2/24/2012$0.16$0.16ViewN/AView Earnings Details
10/27/2011$0.20$0.20ViewN/AView Earnings Details
5/5/2011$0.22$0.22ViewN/AView Earnings Details
2/17/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BGC Partners (NASDAQ:BGCP)
Current Year EPS Consensus Estimate: $1.00 EPS
Next Year EPS Consensus Estimate: $1.13 EPS

Dividends

Current Dividend Information for BGC Partners (NASDAQ:BGCP)
Most Recent Dividend:6/5/2017
Annual Dividend:$0.72
Dividend Yield:5.39%
Payout Ratio:184.62% (Trailing 12 Months of Earnings)
72.00% (Based on This Year's Estimates)
63.72% (Based on Next Year's Estimates)
Dividend Payments by Quarter for BGC Partners (NASDAQ:BGCP)

Dividend History by Quarter for BGC Partners (NASDAQ BGCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017Quarterly$0.186.25%5/17/20175/19/20176/5/2017
2/9/2017quarterly$0.165.45%2/24/20172/28/20173/14/2017
10/27/2016quarterly$0.167.61%11/21/201611/23/201612/8/2016
7/28/2016quarterly$0.167.22%8/16/20168/18/20169/1/2016
4/27/2016quarterly$0.166.95%5/12/20165/16/20166/1/2016
2/18/2016quarterly$0.146.4%2/29/20163/2/20163/16/2016
10/28/2015quarterly$0.146.34%11/18/201511/20/201512/4/2015
7/31/2015quarterly$0.145.69%8/19/20158/21/20159/4/2015
5/1/2015quarterly$0.145.59%5/13/20155/15/20155/29/2015
2/11/2015quarterly$0.125.14%2/26/20153/2/20153/16/2015
10/30/2014quarterly$0.125.65%11/20/201411/24/201412/9/2014
8/4/2014quarterly$0.126.19%8/20/20148/22/20149/5/2014
5/5/2014quarterly$0.126.67%5/14/20145/16/20146/2/2014
2/18/2014quarterly$0.126.85%2/25/20142/27/20143/13/2014
11/4/2013quarterly$0.128.87%11/14/201311/18/201312/2/2013
8/6/2013quarterly$0.127.92%8/21/20138/23/20139/6/2013
5/8/2013quarterly$0.128.28%5/15/20135/17/20135/31/2013
2/14/2013quarterly$0.1210.23%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BGC Partners (NASDAQ:BGCP)
Insider Ownership Percentage: 37.40%
Institutional Ownership Percentage: 45.88%
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2015Stephen T CurwoodDirectorSell4,000$9.16$36,640.00View SEC Filing  
12/17/2014Stephen T CurwoodDirectorSell7,600$8.86$67,336.00View SEC Filing  
8/20/2014Linda A BellDirectorSell3,471$7.62$26,449.02View SEC Filing  
7/7/2014John H DaltonDirectorBuy11,400$7.53$85,842.00View SEC Filing  
6/18/2014Stephen T CurwoodDirectorSell4,800$7.48$35,904.00View SEC Filing  
6/21/2013John H DaltonDirectorBuy10,000$5.61$56,100.00View SEC Filing  
6/5/2013Albert M WeisDirectorBuy20,000$5.51$110,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for BGC Partners (NASDAQ:BGCP)
Latest Headlines for BGC Partners (NASDAQ:BGCP)
Source:
DateHeadline
finance.yahoo.com logoCorporate News Blog - Berkeley Point Financial to be Acquired by Global Brokerage Firm BGC Partners
finance.yahoo.com - July 20 at 6:07 PM
americanbankingnews.com logoContrasting BGC Partners (BGCP) and FXCM (GLBR)
www.americanbankingnews.com - July 20 at 8:56 AM
seekingalpha.com logoBGC Partners (BGCP) Acquires Berkeley Point Financial - M&A Slideshow
seekingalpha.com - July 19 at 5:43 PM
finance.yahoo.com logoZacks.com featured highlights: Arkema, BGC Partners, Meta Financial Group, SYNNEX and Ituran Location and Control
finance.yahoo.com - July 19 at 5:43 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM
streetinsider.com logoBGC Partners (BGCP) Reports Acquisition of Berkeley Point Financial LLC for $875M from Cantor Fitzgerald Affiliate, L.P.2
www.streetinsider.com - July 19 at 4:03 AM
reuters.com logoBGC Partners to buy Berkeley Point Financial for $875 million
www.reuters.com - July 19 at 4:03 AM
seekingalpha.com logoBGC Partners 's (BGCP) CEO Howard Lutnick on Acquisition of Berkley Point Conference Call (Transcript) - Seeking Alpha
seekingalpha.com - July 18 at 11:00 PM
nasdaq.com logoBGC To Buy Berkeley Point For $875 Mln; Sees Deal To Dramatically Lift Results - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM
nasdaq.com logoBGC Partners to buy Berkeley Point Financial for $875 mln - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM
finance.yahoo.com logoBGC Partners Agrees to Acquire 100 Percent of Berkeley Point Financial LLC
finance.yahoo.com - July 18 at 2:50 AM
finance.yahoo.com logoBGC Partners to buy Berkeley Point Financial for $875 mln
finance.yahoo.com - July 18 at 2:50 AM
prnewswire.com logoBGC Brokers' Capitalab Portfolio Compression Service Executes the First Interest Rate Swaps and Options Combined ... - PR Newswire (press release)
www.prnewswire.com - July 17 at 4:47 PM
finance.yahoo.com logoBGC Brokers' Capitalab Portfolio Compression Service Executes the First Interest Rate Swaps and Options Combined Compression Cycle
finance.yahoo.com - July 17 at 4:47 PM
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Sees Large Drop in Short Interest
www.americanbankingnews.com - July 16 at 7:06 AM
finance.yahoo.com logoETFs with exposure to BGC Partners, Inc. : July 13, 2017
finance.yahoo.com - July 13 at 5:31 PM
finance.yahoo.com logoThe BGC Boss, His Son’s Driving Career and the Ex-F1 Officials
finance.yahoo.com - July 8 at 9:15 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - July 7 at 3:10 PM
americanbankingnews.com logoHead to Head Comparison: Stifel Financial Corporation (SF) vs. BGC Partners (BGCP)
www.americanbankingnews.com - July 6 at 8:28 PM
americanbankingnews.com logoStifel Financial Corporation (SF) vs. BGC Partners (BGCP) Financial Contrast
www.americanbankingnews.com - July 4 at 5:23 PM
americanbankingnews.com logoBGC Partners (BGCP) & Stifel Financial Corporation (SF) Financial Comparison
www.americanbankingnews.com - July 3 at 8:19 AM
americanbankingnews.com logoZacks Investment Research Upgrades BGC Partners, Inc. (NASDAQ:BGCP) to "Buy"
www.americanbankingnews.com - June 30 at 7:46 PM
reuters.com logoBRIEF-BGC Partners updates outlook for Q2
www.reuters.com - June 28 at 8:16 PM
finance.yahoo.com logoBGC Partners Updates Its Outlook For The Second Quarter Of 2017
finance.yahoo.com - June 28 at 8:16 PM
americanbankingnews.com logoFinancial Review: Stifel Financial Corporation (SF) & BGC Partners (BGCP)
www.americanbankingnews.com - June 26 at 8:42 AM
americanbankingnews.com logoBGC Partners (BGCP) versus Stifel Financial Corporation (SF) Head-To-Head Contrast
www.americanbankingnews.com - June 26 at 8:08 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - June 24 at 10:58 PM
americanbankingnews.com logoHead-To-Head Contrast: BGC Partners (BGCP) vs. Stifel Financial Corporation (SF)
www.americanbankingnews.com - June 24 at 7:46 AM
nasdaq.com logoAfter Hours Most Active for Jun 23, 2017 : EXEL, EBAY, AVP, FNB, GRPN, BGCP, NRZ, CVS, MU, ESV, BMY, AAPL - Nasdaq
www.nasdaq.com - June 23 at 9:32 PM
americanbankingnews.com logoComparing BGC Partners (BGCP) & Global Brokerage (GLBR)
www.americanbankingnews.com - June 22 at 8:42 PM
finance.yahoo.com logoBGC's Ingram Says U.K Data Points to Stagflation
finance.yahoo.com - June 20 at 4:36 PM
finance.yahoo.com logoClearstream and ColleX™ collaborate to offer simplified buy-side access to tri-party collateral management
finance.yahoo.com - June 19 at 11:05 AM
finance.yahoo.com logoClearstream and ColleX™ collaborate to offer simplified buy-side access to tri-party collateral management
finance.yahoo.com - June 19 at 11:05 AM
rttnews.com logoBGC's Market Data Unit Agrees To Distribution Partnership With Amerex Brokers
www.rttnews.com - June 13 at 11:09 PM
finance.yahoo.com logoFENICS Market Data Partners with Amerex for Energy Data; Adds to its Energy Market Data team
finance.yahoo.com - June 13 at 1:06 PM
finance.yahoo.com logoETFs with exposure to BGC Partners, Inc. : June 12, 2017
finance.yahoo.com - June 12 at 4:54 PM
americanbankingnews.com logoBGC Partners (BGCP) and MarketAxess Holdings (MKTX) Head-To-Head Comparison
www.americanbankingnews.com - June 11 at 7:52 AM
reuters.com logoBGC plans spinoff of Newmark unit in IPO before yearend: CEO
www.reuters.com - June 8 at 9:43 PM
reuters.com logoBGC plans spinoff of Newmark unit in IPO before yearend: CEO - Reuters
www.reuters.com - June 7 at 9:13 PM
seekingalpha.com logoBGC Partners (BGCP) Presents At Sandler O'Neill Global Exchanges and Brokerages Conference - Slideshow
seekingalpha.com - June 7 at 4:11 PM
finance.yahoo.com logoBGC plans spinoff of Newmark unit in IPO before yearend -CEO
finance.yahoo.com - June 7 at 4:10 PM
finance.yahoo.com logoBGC plans year-end IPO for real estate unit
finance.yahoo.com - June 7 at 4:10 PM
finance.yahoo.com logoBGC Partners Will Host Investors and Analysts on Thursday, November 30, 2017
finance.yahoo.com - June 5 at 9:28 PM
finance.yahoo.com logoETFs with exposure to BGC Partners, Inc. : June 1, 2017
finance.yahoo.com - June 1 at 4:22 PM
finance.yahoo.com logoBGC Partners, Inc. :BGCP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017
finance.yahoo.com - May 31 at 10:39 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 30 at 8:20 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Select Bancorp, Health Insurance Innovations, BGC Partners, Carlyle Group and Lazard
finance.yahoo.com - May 26 at 4:15 PM
finance.yahoo.com logoFed Minutes Hint at Rate Hike in June: Top 5 Gainers
finance.yahoo.com - May 25 at 4:54 PM
finance.yahoo.com logoBGC Partners, Inc. : BGCP-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017
finance.yahoo.com - May 18 at 3:51 PM
reuters.com logoBGC readies US Treasuries e-trading platform for June launch - Reuters
www.reuters.com - May 18 at 11:46 AM

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Chart

BGC Partners (BGCP) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff