NASDAQ:BGCP BGC Partners - BGCP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding BGC Partners, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $5.14 +0.08 (+1.58%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.07▼$5.1550-Day Range$4.05▼$5.4052-Week Range$3.00▼$5.51Volume1.78 million shsAverage Volume1.80 million shsMarket Capitalization$1.92 billionP/E Ratio39.54Dividend Yield0.78%Price Target$8.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability BGC Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside55.6% Upside$8.00 Price TargetShort InterestHealthy1.44% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.37Upright™ Environmental ScoreNews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth19.54%From $0.87 to $1.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.20 out of 5 starsFinance Sector71st out of 892 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry2nd out of 10 stocks 3.5 Analyst's Opinion Consensus RatingBGC Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, BGC Partners has a forecasted upside of 55.6% from its current price of $5.14.Amount of Analyst CoverageBGC Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.44% of the float of BGC Partners has been sold short.Short Interest Ratio / Days to CoverBGC Partners has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BGC Partners has recently decreased by 23.96%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldBGC Partners has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthBGC Partners does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of BGC Partners is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, BGC Partners will have a dividend payout ratio of 3.85% next year. This indicates that BGC Partners will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBGC Partners has received a 13.75% net impact score from Upright. BGC Partners seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Societal infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for BGC Partners is -0.37. Previous Next 3.6 News and Social Media Coverage News SentimentBGC Partners has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for BGC Partners this week, compared to 1 article on an average week.Search InterestOnly 10 people have searched for BGCP on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat Follows3 people have added BGC Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BGC Partners insiders have not sold or bought any company stock.Percentage Held by Insiders28.30% of the stock of BGC Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions55.49% of the stock of BGC Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for BGC Partners are expected to grow by 19.54% in the coming year, from $0.87 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BGC Partners is 39.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.72.Price to Earnings Ratio vs. SectorThe P/E ratio of BGC Partners is 39.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.34.Price to Book Value per Share RatioBGC Partners has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BGC Partners (NASDAQ:BGCP) StockBGC Partners, Inc. engages in the provision of brokerage services to the financial markets. The firm offers integrated voice, hybrid and fully electronic brokerage in a broad range of products, including fixed income, foreign exchange, equities, insurance, energy and commodities and futures. It also provides trade execution, brokerage, clearing, trade compression, post-trade, information and other back-office services. The company was founded in 1945 and is headquartered in New York, NY.Read More Receive BGCP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BGC Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address BGCP Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comBGC Partners (NASDAQ:BGCP) Receives New Coverage from Analysts at StockNews.comMarch 17, 2023 | finance.yahoo.comStrength Seen in LPL Financial Holdings Inc. (LPLA): Can Its 3.7% Jump Turn into More Strength?March 29, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. March 17, 2023 | finance.yahoo.comStrength Seen in BGC Partners (BGCP): Can Its 6.5% Jump Turn into More Strength?March 11, 2023 | finance.yahoo.comBGC Partners, Inc. (NASDAQ:BGCP) Q4 2022 Earnings Call TranscriptMarch 1, 2023 | nasdaq.comBGC Partners Guides Q4 Revenues Above Estimates - UpdateMarch 1, 2023 | seekingalpha.comBGC Partners, Inc. (BGCP) Q4 2022 Earnings Call TranscriptFebruary 27, 2023 | msn.comInflation is here to stay, says Cantor Fitzgerald & BGC Partners CEO Howard LutnickMarch 29, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. February 27, 2023 | msn.comBGC Partners Non-GAAP EPS of $0.16 beats by $0.01, revenue of $436.5M beats by $13.51MFebruary 27, 2023 | finance.yahoo.comBGC Partners Reports Fourth Quarter and Full Year 2022 Financial ResultsFebruary 27, 2023 | finance.yahoo.comBGC Partners (BGCP) Beats Q4 Earnings and Revenue EstimatesFebruary 24, 2023 | msn.comBGC Partners's Earnings: A PreviewFebruary 22, 2023 | finance.yahoo.comkACE launches Order Management System for FX OptionsFebruary 10, 2023 | benzinga.comBGC Partners Stock (NASDAQ:BGCP), Quotes and News SummaryFebruary 9, 2023 | finance.yahoo.comBGC Partners to Present at the 24th Annual Credit Suisse Financial Services Forum on February 14, 2023January 24, 2023 | finance.yahoo.comIs Now The Time To Put BGC Partners (NASDAQ:BGCP) On Your Watchlist?January 12, 2023 | finance.yahoo.comBGC Partners' Announces February 27, 2023, As Updated Date For Its Fourth Quarter 2022 Financial Results AnnouncementJanuary 12, 2023 | finance.yahoo.comBGC Partners' Fourth Quarter 2022 Financial Results Announcement to Be Issued Prior to Market Open on Friday, February 10, 2023January 7, 2023 | uk.finance.yahoo.comCity watchdog reviews fraud claims at BGC PartnersDecember 30, 2022 | finanznachrichten.deBGC Partners, Inc.: BGC Partners Updates its Outlook for the Fourth Quarter of 2022December 30, 2022 | msn.comBGC Partners expects Q4 revenue, adj earnings above midpoint of guidanceDecember 19, 2022 | finance.yahoo.comBGC Partners (NASDAQ:BGCP) stock falls 9.1% in past week as five-year earnings and shareholder returns continue downward trendDecember 14, 2022 | finance.yahoo.comBGC Partners (BGCP) Is Attractively Priced Despite Fast-paced MomentumDecember 2, 2022 | finanznachrichten.deBGC Partners, Inc.: BGC Partners Announces Its 2022 Virtual Annual Meeting of StockholdersNovember 28, 2022 | finance.yahoo.comShould Value Investors Buy BGC Partners (BGCP) Stock?November 16, 2022 | finance.yahoo.comBGC Partners Announces Corporate Conversion Agreement, New Company Name "BGC Group" And New Ticker Symbol "BGC" In Connection With Its Conversion Into a Corporate StructureSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BGCP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BGC Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address BGCP Company Calendar Last Earnings2/27/2023Ex-Dividend for 3/31 Dividend3/16/2023Today3/29/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:BGCP CUSIP05541T10 CIK1094831 Webwww.bgcpartners.com Phone(212) 610-2200Fax646-346-6919Employees3,818Year Founded1945Price Target and Rating Average Stock Price Forecast$8.00 High Stock Price Forecast$8.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+57.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.13 Trailing P/E Ratio39.16 Forward P/E Ratio5.85 P/E GrowthN/ANet Income$48.71 million Net Margins2.71% Pretax Margin5.43% Return on Equity47.25% Return on Assets7.83% Debt Debt-to-Equity Ratio1.43 Current Ratio1.34 Quick Ratio1.31 Sales & Book Value Annual Sales$1.80 billion Price / Sales1.06 Cash Flow$1.28 per share Price / Cash Flow3.98 Book Value$1.97 per share Price / Book2.58Miscellaneous Outstanding Shares373,830,000Free Float268,038,000Market Cap$1.90 billion OptionableOptionable Beta1.61 Social Links Key ExecutivesHoward William LutnickChairman & Chief Executive OfficerSean Anthony WindeattChief Operating OfficerJason W. HaufChief Financial & Accounting OfficerSteven SadoffChief Information OfficerStephen M. MerkelExecutive Vice President & General CounselKey CompetitorsStoneX GroupNASDAQ:SNEXIndependent Bank GroupNASDAQ:IBTXSunstone Hotel InvestorsNYSE:SHOHilltopNYSE:HTHTanger Factory Outlet CentersNYSE:SKTView All CompetitorsInstitutional OwnershipAcrisure Capital Management LLCBought 57,900 shares on 3/28/2023Ownership: 0.015%MetLife Investment Management LLCSold 9,630 shares on 3/23/2023Ownership: 0.043%Macquarie Group Ltd.Sold 122,437 shares on 2/21/2023Ownership: 0.363%State of WyomingBought 5,383 shares on 2/16/2023Ownership: 0.012%Point72 Middle East FZEBought 11,406 shares on 2/16/2023Ownership: 0.003%View All Institutional Transactions BGCP Stock - Frequently Asked Questions Should I buy or sell BGC Partners stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BGCP shares. View BGCP analyst ratings or view top-rated stocks. What is BGC Partners' stock price forecast for 2023? 1 Wall Street research analysts have issued 12 month target prices for BGC Partners' shares. Their BGCP share price forecasts range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 57.2% from the stock's current price. View analysts price targets for BGCP or view top-rated stocks among Wall Street analysts. How have BGCP shares performed in 2023? BGC Partners' stock was trading at $3.77 at the beginning of 2023. Since then, BGCP stock has increased by 35.0% and is now trading at $5.09. View the best growth stocks for 2023 here. Are investors shorting BGC Partners? BGC Partners saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 4,220,000 shares, a drop of 24.0% from the February 28th total of 5,550,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.4% of the company's shares are sold short. View BGC Partners' Short Interest. When is BGC Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our BGCP earnings forecast. How were BGC Partners' earnings last quarter? BGC Partners, Inc. (NASDAQ:BGCP) posted its quarterly earnings results on Monday, February, 27th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The financial services provider had revenue of $436.52 million for the quarter, compared to analyst estimates of $427.70 million. BGC Partners had a net margin of 2.71% and a trailing twelve-month return on equity of 47.25%. During the same period in the prior year, the company earned $0.17 earnings per share. How often does BGC Partners pay dividends? What is the dividend yield for BGC Partners? BGC Partners declared a quarterly dividend on Monday, February 27th. Shareholders of record on Friday, March 17th will be given a dividend of $0.01 per share on Friday, March 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, March 16th. Read our dividend analysis for BGCP. What ETFs hold BGC Partners' stock? ETFs with the largest weight of BGC Partners (NASDAQ:BGCP) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), First Trust NASDAQ BuyWrite Income ETF (FTQI), iShares US Small Cap Value Factor ETF (SVAL), Principal U.S. Small-Cap Multi-Factor ETF (PSC), First Trust Small Cap Value AlphaDEX Fund (FYT), Timothy Plan US Small Cap Core ETF (TPSC) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF). Is BGC Partners a good dividend stock? BGC Partners (NASDAQ:BGCP) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.79%. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BGCP will have a dividend payout ratio of 3.85% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BGCP. What guidance has BGC Partners issued on next quarter's earnings? BGC Partners updated its first quarter 2023 earnings guidance on Monday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $515.00 million-$565.00 million, compared to the consensus revenue estimate of $509.89 million. What is Howard W. Lutnick's approval rating as BGC Partners' CEO? 136 employees have rated BGC Partners Chief Executive Officer Howard W. Lutnick on Glassdoor.com. Howard W. Lutnick has an approval rating of 45% among the company's employees. This puts Howard W. Lutnick in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 42.0% of employees surveyed would recommend working at BGC Partners to a friend. What other stocks do shareholders of BGC Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other BGC Partners investors own include NGL Energy Partners (NGL), Energy Transfer (ET), Ford Motor (F), Newmark Group (NMRK), Ivanhoe Mines (IVN), Lumen Technologies (LUMN), New Residential Investment (NRZ), C3.ai (AI), Ares Capital (ARCC) and Annaly Capital Management (NLY). What is BGC Partners' stock symbol? BGC Partners trades on the NASDAQ under the ticker symbol "BGCP." Who are BGC Partners' major shareholders? BGC Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Cardinal Capital Management LLC CT (4.05%), AltraVue Capital LLC (2.55%), Geode Capital Management LLC (1.65%), Dimensional Fund Advisors LP (1.35%), Boston Partners (1.32%) and Morgan Stanley (1.28%). View institutional ownership trends. How do I buy shares of BGC Partners? Shares of BGCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BGC Partners' stock price today? One share of BGCP stock can currently be purchased for approximately $5.09. How much money does BGC Partners make? BGC Partners (NASDAQ:BGCP) has a market capitalization of $1.90 billion and generates $1.80 billion in revenue each year. The financial services provider earns $48.71 million in net income (profit) each year or $0.13 on an earnings per share basis. How many employees does BGC Partners have? The company employs 3,818 workers across the globe. How can I contact BGC Partners? BGC Partners' mailing address is 499 PARK AVENUE, NEW YORK NY, 10022. The official website for the company is www.bgcpartners.com. The financial services provider can be reached via phone at (212) 610-2200, via email at bgcir@bgcpartners.com, or via fax at 646-346-6919. This page (NASDAQ:BGCP) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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