BGC Partners Stock Price, News & Analysis (NASDAQ:BGCP)

$5.50
-0.05 (-0.90 %)
(As of 09/23/2019 06:00 AM ET)
Today's Range
$5.48
Now: $5.50
$5.62
50-Day Range
$4.86
MA: $5.20
$5.72
52-Week Range
$4.46
Now: $5.50
$12.02
Volume1.04 million shs
Average Volume1.57 million shs
Market Capitalization$1.90 billion
P/E Ratio6.10
Dividend Yield10.09%
Beta1.43
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. Read More…

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$1.25 per share
Book Value$2.56 per share

Profitability

Net Income$197.52 million

Miscellaneous

Employees4,688
Market Cap$1.90 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

Receive BGCP News and Ratings via Email

Sign-up to receive the latest news and ratings for BGCP and its competitors with MarketBeat's FREE daily newsletter.


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 Wednesday, July 24th. Shareholders of record on Wednesday, August 14th will be given a dividend of $0.14 per share on Wednesday, August 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 10.18%. The ex-dividend date is Tuesday, August 13th. View BGC Partners' Dividend History.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.01. The financial services provider had revenue of $551.20 million for the quarter, compared to analysts' expectations of $546.65 million. BGC Partners had a return on equity of 38.17% and a net margin of 6.98%. The business's revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 earnings per share. 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, October 24th 2019. View Earnings Estimates for BGC Partners.

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

BGC Partners issued an update on its third quarter 2019 earnings guidance on Thursday, July, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $490-530 million, compared to the consensus revenue estimate of $525.55 million.

What price target have analysts set for BGCP?

1 brokers have issued 1-year price objectives for BGC Partners' stock. Their forecasts 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 190.9% 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 articles about BGCP stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -1.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for BGC Partners.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest in August. As of August 31st, there was short interest totalling 8,581,600 shares, an increase of 7.4% from the July 31st total of 7,988,800 shares. Based on an average trading volume of 1,800,000 shares, the short-interest ratio is presently 4.8 days. Currently, 3.2% of the company's shares are short sold. View BGC Partners' Current Options Chain.

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. Sean P. Galvin, Chief Accounting Officer
  • Mr. Stephen M. Merkel, Exec. VP & Gen. Counsel (Age 60)

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.79%), Cardinal Capital Management LLC CT (4.09%), BlackRock Inc. (3.54%), Point72 Asset Management L.P. (3.21%), AQR Capital Management LLC (0.88%) and Bank of New York Mellon Corp (0.79%). 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 major investors are selling BGC Partners stock?

BGCP stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Allianz Asset Management GmbH, BlackRock Inc., D. E. Shaw & Co. Inc., Shikiar Asset Management Inc., Prudential Financial Inc., Northern Trust Corp and Alberta Investment Management Corp. View Insider Buying and Selling for BGC Partners.

Which major investors are buying BGC Partners stock?

BGCP stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., First Trust Advisors LP, Cardinal Capital Management LLC CT, Invesco Ltd., JPMorgan Chase & Co., Parametric Portfolio Associates LLC and AQR Capital Management 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, Robinhood, Fidelity and Charles Schwab.

What is BGC Partners' stock price today?

One share of BGCP stock can currently be purchased for approximately $5.50.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $1.90 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.View Additional Information About BGC Partners.

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:  218 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  559
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 9/23/2019 by MarketBeat.com Staff

Featured Article: What Are Cryptocurrencies?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel