NASDAQ:BGCP - BGC Partners Stock Price, Price Target & More

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

BGC Partners declared a quarterly dividend on Thursday, May 3rd. Stockholders of record on Monday, May 21st will be paid a dividend of $0.18 per share on Tuesday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date is Friday, May 18th. View BGC Partners' Dividend History.

BGC Partners announced that its Board of Directors has initiated a share repurchase program on Wednesday, April 12th 2017, which allows the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase 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.

BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings results on Thursday, May, 3rd. The financial services provider reported $0.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.02. The financial services provider had revenue of $956.65 million for the quarter, compared to analysts' expectations of $924 million. BGC Partners had a return on equity of 48.64% and a net margin of 1.24%. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates 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 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to BGC Partners include Cboe Global Markets (CBOE), LPL Financial (LPLA), INTL Fcstone (INTL), Yintech Investment (YIN), OTC Markets Group (OTCM), National (NHLD) and Primus Guaranty (PRSG).

News stories about BGCP stock have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BGC Partners earned a news sentiment score of 0.05 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 43.41 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

BGC Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include James Investment Research Inc. (0.06%), Clinton Group Inc. (0.03%), Boston Advisors LLC (0.03%), Bank of Montreal Can (0.02%), Raymond James Trust N.A. (0.01%) and Nisa Investment Advisors LLC (0.01%). View Institutional Ownership Trends for BGC Partners.

BGCP stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Clinton Group Inc. and Bank of Montreal Can. View Insider Buying and Selling for BGC Partners.

BGCP stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Nisa Investment Advisors LLC and Raymond James Trust N.A.. 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, Scottrade, Fidelity and Charles Schwab.

One share of BGCP stock can currently be purchased for approximately $11.0750.

BGC Partners has a market capitalization of $3.54 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.

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.