NASDAQ:BGCPBGC Partners Stock Price, Forecast & News

BGC Partners' stock was trading at $4.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BGCP shares have decreased by 36.1% and is now trading at $2.57. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for BGC Partners.

BGC Partners is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for BGC Partners.

BGC Partners, Inc. (NASDAQ:BGCP) released its quarterly earnings data on Tuesday, May, 5th. The financial services provider reported $0.19 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.19. The financial services provider earned $603.17 million during the quarter, compared to the consensus estimate of $592.75 million. BGC Partners had a net margin of 0.38% and a return on equity of 42.22%. View BGC Partners' earnings history.

BGC Partners declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.01 per share on Monday, June 8th. This represents a $0.04 annualized dividend and a yield of 1.56%. The ex-dividend date is Thursday, May 21st. View BGC Partners' dividend history.

BGC Partners updated its second quarter 2020 Pre-Market earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $525-575 million, compared to the consensus revenue estimate of $566.85 million.

News articles about BGCP stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. BGC Partners earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutBGC Partners.

BGC Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,850,000 shares, an increase of 22.5% from the April 30th total of 6,410,000 shares. Based on an average trading volume of 4,290,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.8% of the shares of the company are sold short. View BGC Partners' Current Options Chain.

Some companies that are related to BGC Partners include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include NGL Energy Partners (NGL), Energy Transfer LP Unit (ET), Ford Motor (F), Ivanhoe Mines (IVN), Newmark Group (NMRK), Centurylink (CTL), New Residential Investment (NRZ), Arlington Asset Investment (AI), AGNC Investment (AGNC) and Ares Capital (ARCC).

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

BGC Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.59%), Principal Financial Group Inc. (2.69%), Philadelphia Financial Management of San Francisco LLC (1.47%), Alyeska Investment Group L.P. (1.41%), State Street Corp (1.15%) and Granahan Investment Management Inc. MA (1.14%). 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 Principal Financial Group Inc., Raymond James & Associates, First Trust Advisors LP, Soros Fund Management LLC, Raymond James Financial Services Advisors Inc., Two Sigma Investments LP, Parametric Portfolio Associates LLC, and BlackRock Inc.. View insider buying and selling activity for BGC Partners.

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Philadelphia Financial Management of San Francisco LLC, Alyeska Investment Group L.P., Ensign Peak Advisors Inc, BNP Paribas Arbitrage SA, Alberta Investment Management Corp, Robertson Stephens Wealth Management LLC, and Russell Investments Group Ltd.. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of BGCP stock can currently be purchased for approximately $2.57.

BGC Partners has a market capitalization of $918.86 million and generates $2.10 billion in revenue each year. The financial services provider earns $55.71 million in net income (profit) each year or $0.61 on an earnings per share basis. BGC Partners employs 5,200 workers across the globe.

The official website for BGC Partners is 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.