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

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

BGC Partners announced a quarterly dividend on Friday, February 7th. Investors of record on Wednesday, February 26th will be given a dividend of $0.14 per share on Wednesday, March 11th. This represents a $0.56 annualized dividend and a yield of 10.43%. The ex-dividend date is Tuesday, February 25th. View BGC Partners' Dividend History.

BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings data on Thursday, February, 6th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.11 by $0.01. The financial services provider had revenue of $487.20 million for the quarter, compared to analysts' expectations of $476 million. BGC Partners had a net margin of 2.65% and a return on equity of 34.44%. BGC Partners's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for BGC Partners.

BGC Partners updated its first quarter 2020 Pre-Market earnings guidance on Thursday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $540-580 million, compared to the consensus revenue estimate of $562 million.

News coverage about BGCP stock has been trending neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm ranks 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 -5 to 5, with scores nearest to five being the most favorable. BGC Partners earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the near term. View News Stories for BGC Partners.

BGC Partners saw a decline in short interest in January. As of January 31st, there was short interest totalling 5,990,000 shares, a decline of 8.1% from the January 15th total of 6,520,000 shares. Based on an average trading volume of 1,840,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.2% of the shares of the stock 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), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

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), CNX Midstream Partners (CNXM), Ford Motor (F), Centurylink (CTL), Ivanhoe Mines (IVN), Newmark Group (NMRK), New Residential Investment (NRZ), Arlington Asset Investment (AI) and ANNALY CAP MGMT/SH (NLY).

BGC Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (5.33%), Raymond James & Associates (3.14%), Point72 Asset Management L.P. (2.29%), State Street Corp (1.17%), Bank of New York Mellon Corp (0.95%) and First Trust Advisors LP (0.92%). 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 Raymond James & Associates, Renaissance Technologies LLC, Principal Financial Group Inc., Goldman Sachs Group Inc., Sei Investments Co., Philadelphia Financial Management of San Francisco LLC, Point72 Asset Management L.P. and AQR Capital Management LLC. View Insider Buying and Selling for BGC Partners.

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Man Group plc, Bank of New York Mellon Corp, Alberta Investment Management Corp, Raymond James Financial Services Advisors Inc., Steward Partners Investment Advisory LLC, State Street Corp and Credit Suisse AG. 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, Robinhood, Fidelity and Charles Schwab.

One share of BGCP stock can currently be purchased for approximately $5.37.

BGC Partners has a market capitalization of $1.87 billion 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 4,688 workers across the globe.View Additional Information About BGC Partners.

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.