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

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

BGC Partners declared a quarterly dividend on Friday, February 15th. Shareholders of record on Wednesday, March 6th will be given a dividend of $0.14 per share on Wednesday, March 20th. This represents a $0.56 dividend on an annualized basis and a yield of 9.89%. The ex-dividend date is Tuesday, March 5th. This is a positive change from BGC Partners's previous quarterly dividend of $0.12. View BGC Partners' Dividend History.

BGC Partners announced that its board has authorized a stock buyback 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 usually a sign that the company's leadership believes its stock is undervalued.

BGC Partners, Inc. (NASDAQ:BGCP) posted its quarterly earnings data on Thursday, February, 14th. The financial services provider reported $0.14 earnings per share for the quarter, missing the 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 net margin of 5.82% and a return on equity of 39.22%. The business's revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 EPS. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for BGC Partners.

BGC Partners issued an update on its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share (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.

1 brokers have issued 12-month price objectives for BGC Partners' shares. Their forecasts range from $16.00 to $16.00. On average, they anticipate BGC Partners' stock price to reach $16.00 in the next year. This suggests a possible upside of 182.7% from the stock's current price. View Analyst Price Targets 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.

Press coverage about BGCP stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. BGC Partners earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Centurylink (CTL), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY), Prospect Capital (PSEC), Ship Finance International (SFL), New Residential Investment (NRZ), Blackstone Group (BX) and Two Harbors Investment (TWO).

BGC Partners' stock is owned by a variety of of retail and institutional 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 Geode Capital Management LLC (0.85%). Company insiders that own BGC Partners stock include Linda A Bell, Sean Galvin and William J Moran. View Institutional Ownership Trends for BGC Partners.

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, Dimensional Fund Advisors LP, Two Sigma Investments LP, MUFG Securities EMEA plc and MUFG Securities EMEA plc. View Insider Buying and Selling for BGC Partners.

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

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 $5.66.

BGC Partners has a market capitalization of $1.91 billion and generates $1.94 billion in revenue each year. The financial services provider earns $197.52 million in net income (profit) each year or $0.72 on an earnings per share basis. BGC Partners employs 4,688 workers across the globe.

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

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.