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

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

BGC Partners announced a quarterly dividend on Thursday, May 3rd. Shareholders of record on Monday, May 21st will be given a dividend of $0.18 per share on Tuesday, June 5th. This represents a $0.72 annualized dividend and a yield of 6.16%. The ex-dividend date is Friday, May 18th. View BGC Partners' Dividend History.

BGC Partners declared that its Board of Directors has initiated a share repurchase plan 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 repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

BGC Partners, Inc. (NASDAQ:BGCP) announced its earnings results on Thursday, May, 3rd. The financial services provider reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The financial services provider had revenue of $956.65 million for the quarter, compared to analysts' expectations of $924 million. BGC Partners had a return on equity of 48.64% and a net margin of 1.24%. 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 in 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 volume of 2,715,126 shares, the short-interest ratio is presently 1.1 days. Currently, 1.4% of the company's stock are sold short.

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).

Press coverage about BGCP stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BGC Partners earned a media sentiment score of 0.04 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 45.32 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 $11.69.

BGC Partners has a market capitalization of $3.75 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.