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

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

BGC Partners declared a quarterly dividend on Wednesday, August 1st. Investors of record on Monday, August 20th will be given a dividend of $0.18 per share on Wednesday, September 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date is Friday, August 17th. View BGC Partners' Dividend History.

BGC Partners declared that its Board of Directors has approved a stock buyback program on Wednesday, April 12th 2017, which allows the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its stock is undervalued.

BGC Partners, Inc. (NASDAQ:BGCP) issued its quarterly earnings results on Thursday, August, 2nd. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.02. The financial services provider earned $960.08 million during the quarter, compared to the consensus estimate of $938 million. BGC Partners had a return on equity of 46.19% and a net margin of 1.53%. During the same period last year, the company earned $0.24 EPS. View BGC Partners' Earnings History.

BGC Partners is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 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." View Analyst Ratings for BGC Partners.

BGC Partners saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 6,371,924 shares, an increase of 45.1% from the August 15th total of 4,392,642 shares. Based on an average daily volume of 2,108,327 shares, the short-interest ratio is currently 3.0 days. Currently, 2.8% of the shares of the stock are short sold. View BGC Partners' Current Options Chain.

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

BGC Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.89%), Renaissance Technologies LLC (2.13%), Raymond James & Associates (1.76%), Dimensional Fund Advisors LP (1.33%), Raymond James Financial Services Advisors Inc. (0.41%) and Northern Trust Corp (0.40%). Company insiders that own BGC Partners stock include Linda A Bell 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 Dimensional Fund Advisors LP, First Quadrant L P CA, Martingale Asset Management L P, Mackay Shields LLC, First Trust Advisors LP, Voya Investment Management LLC, Russell Investments Group Ltd. and BlueMountain 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 Raymond James & Associates, Federated Investors Inc. PA, Renaissance Technologies LLC, BlackRock Inc., American Century Companies Inc., MUFG Securities EMEA plc, BNP Paribas Arbitrage SA and Meritage Portfolio Management. 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 $11.58.

BGC Partners has a market capitalization of $3.81 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.

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.