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

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$6.34 +0.08 (+1.28 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$6.26
Today's Range$6.26 - $6.4076
52-Week Range$4.93 - $14.92
Volume1.80 million shs
Average Volume2.99 million shs
Market Capitalization$2.09 billion
P/E Ratio5.28
Dividend Yield11.36%
Beta1.22
BGC Partners, Inc. operates as a brokerage company servicing the financial and real estate markets worldwide. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services for fixed income, interest rate derivatives, spot foreign exchange, foreign exchange derivatives, government bonds, corporate bonds, credit derivatives, insurance and money market products, energy, metals, equity derivatives, and structured market data products and services. This segment also offers trade execution, broker-dealer, clearing, processing, trade compression, and other back-office services. In addition, it 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. Further, this segment offers financial technology solutions, post-trade, and analytics related to financial instruments and markets under the FENICS, BGC Trader, FENICS Market Data, BGC Market Data, Capitalab, and Lucera brands. The Real Estate Services segment offers corporate advisory, investment sales, and agency leasing services; lending and loan servicing, due diligence and underwriting, workplace and occupancy strategy, and corporate and consulting services, as well as intercompany referrals; real estate finance, consulting, appraisal, and valuation services; project and development management services; and property and facilities management services. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms, as well as institutional clients. 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$3.35 billion
Cash Flow$2.6091 per share
Book Value$3.91 per share

Profitability

Net Income$51.47 million

Miscellaneous

Employees9,238
Market Cap$2.09 billion
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 Thursday, October 25th. Shareholders of record on Wednesday, November 7th will be paid a dividend of $0.18 per share on Wednesday, November 28th. This represents a $0.72 dividend on an annualized basis and a yield of 11.36%. The ex-dividend date is Tuesday, November 6th. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners announced that its Board of Directors has authorized a share repurchase program on Wednesday, April 12th 2017, which authorizes the company to repurchase $170,300,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its earnings results on Thursday, October, 25th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.03. The financial services provider earned $977.25 million during the quarter, compared to analyst estimates of $969 million. BGC Partners had a net margin of 2.49% and a return on equity of 43.44%. View BGC Partners' Earnings History.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release their next quarterly earnings announcement on Friday, February 8th 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 FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.672-3.739 billion, compared to the consensus revenue estimate of $3.92 billion.BGC Partners also updated its Q4 2018 guidance to EPS.

What price target have analysts set for BGCP?

2 equities research analysts have issued 1 year price objectives for BGC Partners' stock. 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 152.4% from the stock's current price. View Analyst Price Targets for BGC Partners.

What is the consensus analysts' recommendation for BGC Partners?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last year. There are currently 1 buy rating and 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?

Media headlines about BGCP stock have trended very positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. BGC Partners earned a news impact score of 3.2 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest in the month of December. As of December 14th, there was short interest totalling 5,819,879 shares, an increase of 83.9% from the November 30th total of 3,165,550 shares. Based on an average trading volume of 5,162,038 shares, the days-to-cover ratio is currently 1.1 days. Currently, 2.2% of the shares of the company are short sold. View BGC Partners' Current Options Chain.

Who are some of BGC Partners' key competitors?

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 institutional and retail investors. Top institutional investors include Advisors Capital Management LLC (0.29%), Steward Partners Investment Advisory LLC (0.02%), Wealth Architects LLC (0.01%), Nisa Investment Advisors LLC (0.01%), Virtu Financial LLC (0.01%) and Thomasville National Bank (0.01%). 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 Nisa Investment Advisors LLC, Thomasville National Bank and Oakbrook Investments LLC. 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 Advisors Capital Management LLC, Steward Partners Investment Advisory LLC, Wealth Architects LLC, Virtu Financial LLC and Fox Run Management L.L.C.. 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 $6.34.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $2.09 billion and generates $3.35 billion in revenue each year. The financial services provider earns $51.47 million in net income (profit) each year or $1.20 on an earnings per share basis. BGC Partners employs 9,238 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:  177 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  457
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 1/21/2019 by MarketBeat.com Staff

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