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

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$5.58 -0.16 (-2.79 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$5.74
Today's Range$5.56 - $5.75
52-Week Range$4.93 - $13.99
Volume1.86 million shs
Average Volume2.28 million shs
Market Capitalization$1.88 billion
P/E Ratio7.75
Dividend Yield9.76%
Beta1.37
BGC Partners, Inc. operates as a brokerage and financial technology company worldwide. It offers various brokerage products, such as fixed income, foreign exchange, equities, energy and commodities, insurance, and futures. The company also provides other services that include trade execution, broker dealer, clearing, trade compression, post-trade, information, and other back office services to financial and non-financial institutions. In addition, it offers fully electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to financial instrument and markets under the Fenics, BGC Trader, CreditMatch, Fenics Market Data, BGC Market Data, kACE2, EMBonds, Capitalab, Swaptioniser, CBID, and Lucera brand names. Further, the company provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; software and technology infrastructure for the transactional and technology related elements; and option pricing and analysis tools. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:BGCP
CUSIP05541T10
Phone212-610-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.94 billion
Cash Flow$1.2157 per share
Book Value$2.56 per share

Profitability

Net Income$197.52 million

Miscellaneous

Employees4,688
Market Cap$1.88 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

BGC Partners (NASDAQ:BGCP) Frequently Asked Questions

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 announced a quarterly dividend on Friday, February 15th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.14 per share on Wednesday, March 20th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date of this dividend is Tuesday, March 5th. This is a boost from BGC Partners's previous quarterly dividend of $0.12. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners declared that its board has initiated a stock repurchase plan on Wednesday, April 12th 2017, which permits the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings data on Thursday, February, 14th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.02. The financial services provider earned $466.40 million during the quarter, compared to analysts' expectations of $462 million. BGC Partners had a return on equity of 39.22% and a net margin of 5.82%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 EPS. View BGC Partners' Earnings History.

When is BGC Partners' next earnings date?

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

What guidance has BGC Partners issued on next quarter's earnings?

BGC Partners updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided 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.

What price target have analysts set for BGCP?

1 brokerages have issued 1-year target prices for BGC Partners' shares. Their predictions range from $16.00 to $16.00. On average, they expect BGC Partners' share price to reach $16.00 in the next year. This suggests a possible upside of 186.7% from the stock's current price. View Analyst Price Targets for BGC Partners.

What is the consensus analysts' recommendation 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.

Has BGC Partners been receiving favorable news coverage?

News stories about BGCP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. BGC Partners earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of BGC Partners' key competitors?

What other stocks do shareholders of BGC Partners own?

Who are BGC Partners' key executives?

BGC Partners' management team includes the folowing people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 57)
  • Mr. Shaun D. Lynn, Pres (Age 56)
  • Mr. Sean A. Windeatt, Exec. VP, Interim CFO & COO (Age 46)
  • Mr. Stephen M. Merkel, Exec. VP, Gen. Counsel & Company Sec. (Age 60)
  • Mr. Sean P. Galvin, Chief Accounting Officer

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling BGC Partners stock?

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.

Which institutional investors are buying BGC Partners stock?

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.

How do I buy shares of 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.

What is BGC Partners' stock price today?

One share of BGCP stock can currently be purchased for approximately $5.58.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $1.88 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.

What is BGC Partners' official website?

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

How can I contact BGC Partners?

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.


MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  480
MarketBeat's community ratings are surveys of what our community members think about BGC Partners and other stocks. Vote "Outperform" if you believe BGCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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