NASDAQ:BGCP - BGC Partners Stock Price, Price Target & More

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

BGC Partners declared a quarterly dividend on Thursday, May 3rd. Stockholders of record on Monday, May 21st will be paid a dividend of $0.18 per share on Tuesday, June 5th. This represents a $0.72 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, May 18th. View BGC Partners' Dividend History.

BGC Partners announced that its board has approved a share repurchase program on Wednesday, April 12th 2017, which permits the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

BGC Partners, Inc. (NASDAQ:BGCP) released its quarterly earnings results on Thursday, May, 3rd. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.02. The financial services provider earned $956.65 million during the quarter, compared to analysts' expectations of $924 million. BGC Partners had a net margin of 1.24% and a return on equity of 48.64%. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for BGC Partners.

BGC Partners saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 3,032,877 shares, an increase of 36.2% from the May 15th total of 2,227,146 shares. Based on an average daily trading volume, of 2,715,126 shares, the short-interest ratio is currently 1.1 days. Approximately 1.4% of the shares of the company are short sold. View BGC Partners' Current Options Chain.

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

News coverage about BGCP stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BGC Partners earned a daily sentiment score of 0.16 on Accern's scale. They also gave news articles about the financial services provider an impact score of 45.40 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.80%), Principal Financial Group Inc. (3.53%), Principal Financial Group Inc. (3.40%), Dimensional Fund Advisors LP (2.00%), Millennium Management LLC (1.99%) and Cardinal Capital Management LLC CT (1.60%). View Institutional Ownership Trends for BGC Partners.

BGCP stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, JPMorgan Chase & Co., Wells Fargo & Company MN, Clinton Group Inc., Advisors Capital Management LLC, Engineers Gate Manager LP, Cubist Systematic Strategies LLC and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for BGC Partners.

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Cardinal Capital Management LLC CT, Principal Financial Group Inc., Principal Financial Group Inc., UBS Group AG, Mackay Shields LLC, Point72 Asset Management L.P. and EJF Capital LLC. 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 $12.25.

BGC Partners has a market capitalization of $3.89 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.

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.