BGC Partners, Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables them to use voice, hybrid, or in various markets, electronic brokerage services in connection with transactions executed either over-the-counter or through an exchange. Through the Company's FENICS, Lucera, BGC Trader, BGC Market Data and Capitalab brands, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to select financial instruments and markets.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Brokerage Services
- Sub-Industry: Investment Banking & Brokerage
- Symbol: NASDAQ:BGCP
- CUSIP: 05541T10
- Web: www.bgcpartners.com
Capitalization:- Market Cap: $3.89 billion
- Outstanding Shares: 286,367,000
Average Prices:- 50 Day Moving Avg: $12.87
- 200 Day Moving Avg: $12.07
- 52 Week Range: $8.36 - $13.63
P/E:- Trailing P/E Ratio: 34.18
- Foreward P/E Ratio: 12.34
- P/E Growth: 1.07
Sales & Book Value:- Annual Revenue: $2.7 billion
- Price / Sales: 1.44
- Book Value: $2.93 per share
- Price / Book: 4.63
Dividend:- Annual Dividend: $0.72
- Dividend Yield: 5.5%
Profitability:- Net Margins: 4.23%
- Return on Equity: 35.60%
- Return on Assets: 8.90%
Debt:- Debt-to-Equity Ratio: 0.89%
- Current Ratio: 1.15%
- Quick Ratio: 1.13%
Misc:- Average Volume: 1.84 million shs.
- Beta: 1.31
- Short Ratio: 0.74
Frequently Asked Questions for BGC Partners (NASDAQ:BGCP)
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 26th. Shareholders of record on Monday, August 14th will be given a dividend of $0.18 per share on Monday, August 28th. This represents a $0.72 annualized dividend and a dividend yield of 5.31%. The ex-dividend date is Thursday, August 10th. View BGC Partners' Dividend History.
How will BGC Partners' stock buyback program work?
BGC Partners announced that its board has authorized a share buyback program on Wednesday, April 12th 2017, which authorizes the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
How were BGC Partners' earnings last quarter?
BGC Partners, Inc. (NASDAQ:BGCP) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The business earned $737.80 million during the quarter, compared to the consensus estimate of $716 million. BGC Partners had a return on equity of 35.60% and a net margin of 4.23%. BGC Partners's revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 earnings per share. View BGC Partners' Earnings History.
When will BGC Partners make its next earnings announcement?
Who are some of BGC Partners' key competitors?
Some companies that are related to BGC Partners include Intercontinental Exchange (ICE), Equity Lifestyle Properties (ELS), American Capital Agency Corp. (AGNC), Macerich Company (The) (MAC), Zillow Group (Z), W.P. Carey (WPC), NorthStar Asset Management Group (CLNS), Apartment Investment and Management Company (AIV), Voya Financial (VOYA), Invitation Home (INVH), Macro Bank (BMA), Sun Communities (SUI), Kilroy Realty Corporation (KRC), MarketAxess Holdings (MKTX), Janus Capital Group (JHG), Brown & Brown (BRO), Springleaf Holdings (LEAF) and American Campus Communities (ACC).
Who are BGC Partners' key executives?
BGC Partners' management team includes the folowing people:
- Howard W. Lutnick, Chairman of the Board, Chief Executive Officer
- Shaun D. Lynn, President
- Steven R. McMurray, Chief Financial Officer
- Sean A. Windeatt, Chief Operating Officer
- Stephen M. Merkel, Executive Vice President, General Counsel, Secretary
- Linda A. Bell, Independent Director
- Stephen T. Curwood, Independent Director
- John H. Dalton, Independent Director
- William J. Moran, Independent Director
Who owns BGC Partners stock?
BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.51%), BlackRock Inc. (3.64%), Principal Financial Group Inc. (2.77%), Dimensional Fund Advisors LP (2.41%), State Street Corp (1.13%) and JPMorgan Chase & Co. (1.07%). View Institutional Ownership Trends for BGC Partners.
Who sold BGC Partners stock? Who is selling BGC Partners stock?
BGC Partners' stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, State Street Corp, Schwab Charles Investment Management Inc., Federated Investors Inc. PA, Advisors Capital Management LLC, Alliancebernstein L.P. and Bank of New York Mellon Corp. View Insider Buying and Selling for BGC Partners.
Who bought BGC Partners stock? Who is buying BGC Partners stock?
BGC Partners' stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Prudential Financial Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, Teachers Advisors LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP and BlueCrest Capital Management Ltd. View Insider Buying and Selling for BGC Partners.
How do I buy BGC Partners stock?
Shares of BGC Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BGC Partners' stock price today?
One share of BGC Partners stock can currently be purchased for approximately $13.57.
MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)MarketBeat's community ratings are surveys of what our community members think about BGC Partners and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for BGC Partners (NASDAQ:BGCP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for BGC Partners (NASDAQ:BGCP)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for BGC Partners (NASDAQ:BGCP)Earnings History by Quarter for BGC Partners (NASDAQ BGCP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.24 | | | | | N/A |  |
| 7/26/2017 | Q2 2017 | $0.24 | $0.24 | $716.00 million | $737.80 million | View | N/A | |
| 5/4/2017 | Q1 2017 | $0.23 | $0.23 | $693.00 million | $707.40 million | View | Listen | |
| 2/9/2017 | Q416 | $0.24 | $0.25 | $658.80 million | $673.20 million | View | Listen | |
| 10/27/2016 | Q316 | $0.21 | $0.21 | $674.05 million | $643.50 million | View | Listen | |
| 7/28/2016 | Q216 | $0.19 | $0.19 | $665.70 million | $652.00 million | View | Listen | |
| 4/27/2016 | Q116 | $0.18 | $0.18 | $664.95 million | $660.10 million | View | Listen | |
| 2/10/2016 | Q415 | $0.19 | $0.23 | $690.40 million | $692.00 million | View | Listen | |
| 10/28/2015 | Q3 | $0.19 | $0.19 | $707.00 million | $700.90 million | View | Listen | |
| 7/29/2015 | Q215 | $0.17 | $0.18 | $667.40 million | $684.60 million | View | Listen | |
| 4/29/2015 | Q115 | $0.18 | $0.18 | $534.52 million | $563.90 million | View | N/A | |
| 2/11/2015 | Q414 | $0.19 | $0.18 | $509.46 million | $515.50 million | View | N/A | |
| 10/30/2014 | Q314 | $0.16 | $0.17 | $426.84 million | $449.80 million | View | N/A | |
| 7/31/2014 | Q214 | $0.13 | $0.13 | $429.60 million | $430.30 million | View | N/A | |
| 5/1/2014 | Q114 | $0.13 | $0.15 | $436.00 million | $445.90 million | View | Listen | |
| 2/12/2014 | Q413 | $0.11 | $0.15 | $421.88 million | $432.90 million | View | Listen | |
| 10/31/2013 | Q313 | $0.12 | $0.10 | $426.00 million | $414.40 million | View | Listen | |
| 8/1/2013 | Q2 2013 | $0.13 | $0.18 | $460.92 million | $471.10 million | View | Listen | |
| 5/2/2013 | Q1 2013 | $0.12 | $0.12 | $440.66 million | $449.80 million | View | Listen | |
| 2/14/2013 | Q4 2012 | $0.12 | $0.12 | $432.94 million | $436.30 million | View | Listen | |
| 11/2/2012 | | $0.13 | $0.13 | $437.60 million | $445.70 million | View | N/A | |
| 7/26/2012 | | $0.17 | $0.17 | | | View | N/A | |
| 5/3/2012 | | $0.19 | $0.19 | | | View | N/A | |
| 2/24/2012 | | $0.16 | $0.16 | | | View | N/A | |
| 10/27/2011 | | $0.20 | $0.20 | | | View | N/A | |
| 5/5/2011 | | $0.22 | $0.22 | | | View | N/A | |
| 2/17/2011 | | $0.15 | $0.17 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for BGC Partners (NASDAQ:BGCP)Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.10 EPS
Current Dividend Information for BGC Partners (NASDAQ:BGCP)| Most Recent Dividend: | 8/28/2017 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 5.31% |
| Payout Ratio: | 180.00% (Trailing 12 Months of Earnings)
72.73% (Based on This Year's Estimates)
65.45% (Based on Next Year's Estimates)
|
Dividend History by Quarter for BGC Partners (NASDAQ BGCP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/26/2017 | quarterly | $0.18 | 5.78% | 8/10/2017 | 8/14/2017 | 8/28/2017 |
| 5/8/2017 | Quarterly | $0.18 | 6.25% | 5/17/2017 | 5/19/2017 | 6/5/2017 |
| 2/9/2017 | quarterly | $0.16 | 5.45% | 2/24/2017 | 2/28/2017 | 3/14/2017 |
| 10/27/2016 | quarterly | $0.16 | 7.61% | 11/21/2016 | 11/23/2016 | 12/8/2016 |
| 7/28/2016 | quarterly | $0.16 | 7.22% | 8/16/2016 | 8/18/2016 | 9/1/2016 |
| 4/27/2016 | quarterly | $0.16 | 6.95% | 5/12/2016 | 5/16/2016 | 6/1/2016 |
| 2/18/2016 | quarterly | $0.14 | 6.4% | 2/29/2016 | 3/2/2016 | 3/16/2016 |
| 10/28/2015 | quarterly | $0.14 | 6.34% | 11/18/2015 | 11/20/2015 | 12/4/2015 |
| 7/31/2015 | quarterly | $0.14 | 5.69% | 8/19/2015 | 8/21/2015 | 9/4/2015 |
| 5/1/2015 | quarterly | $0.14 | 5.59% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 2/11/2015 | quarterly | $0.12 | 5.14% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 10/30/2014 | quarterly | $0.12 | 5.65% | 11/20/2014 | 11/24/2014 | 12/9/2014 |
| 8/4/2014 | quarterly | $0.12 | 6.19% | 8/20/2014 | 8/22/2014 | 9/5/2014 |
| 5/5/2014 | quarterly | $0.12 | 6.67% | 5/14/2014 | 5/16/2014 | 6/2/2014 |
| 2/18/2014 | quarterly | $0.12 | 6.85% | 2/25/2014 | 2/27/2014 | 3/13/2014 |
| 11/4/2013 | quarterly | $0.12 | 8.87% | 11/14/2013 | 11/18/2013 | 12/2/2013 |
| 8/6/2013 | quarterly | $0.12 | 7.92% | 8/21/2013 | 8/23/2013 | 9/6/2013 |
| 5/8/2013 | quarterly | $0.12 | 8.28% | 5/15/2013 | 5/17/2013 | 5/31/2013 |
| 2/14/2013 | quarterly | $0.12 | 10.23% | 2/27/2013 | 3/1/2013 | 3/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for BGC Partners (NASDAQ:BGCP)Insider Ownership Percentage: 37.40%
Institutional Ownership Percentage: 42.25%
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/8/2015 | Stephen T Curwood | Director | Sell | 4,000 | $9.16 | $36,640.00 | |
| 12/17/2014 | Stephen T Curwood | Director | Sell | 7,600 | $8.86 | $67,336.00 | |
| 8/20/2014 | Linda A Bell | Director | Sell | 3,471 | $7.62 | $26,449.02 | |
| 7/7/2014 | John H Dalton | Director | Buy | 11,400 | $7.53 | $85,842.00 | |
| 6/18/2014 | Stephen T Curwood | Director | Sell | 4,800 | $7.48 | $35,904.00 | |
| 6/21/2013 | John H Dalton | Director | Buy | 10,000 | $5.61 | $56,100.00 | |
| 6/5/2013 | Albert M Weis | Director | Buy | 20,000 | $5.51 | $110,200.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for BGC Partners (NASDAQ:BGCP)
Latest Headlines for BGC Partners (NASDAQ:BGCP)
| Source: |
|
| Date | Headline |
|---|
 | Interesting BGCP Put And Call Options For May 2018
www.nasdaq.com - September 20 at 5:17 PM |
 | BGC's Ingram Sees Fed Shifting Dots in 2018
finance.yahoo.com - September 19 at 4:29 PM |
| BGC Partners, Inc. : BGCP-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017
finance.yahoo.com - September 13 at 5:42 PM |
| Featured Company News - BGC Partners Acquires Berkeley Point Financial; Set to Expand Real Estate Service Offerings
finance.yahoo.com - September 12 at 4:45 PM |
| ETFs with exposure to BGC Partners, Inc. : September 12, 2017
finance.yahoo.com - September 11 at 10:13 PM |
| BGC Partners, Inc. :BGCP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 9:56 PM |
| BGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : September 8, 2017
finance.yahoo.com - September 8 at 4:55 PM |
| BGC Partners Completes Acquisition of Berkeley Point
finance.yahoo.com - September 8 at 4:55 PM |
| Newmark Knight Frank Announces Agreement to Acquire Six Integra Realty Resources Offices for its Valuation & Advisory Group
finance.yahoo.com - September 7 at 4:46 PM |
 | ValuEngine Upgrades BGC Partners, Inc. (BGCP) to Strong-Buy
www.americanbankingnews.com - September 3 at 9:00 PM |
 | FENICS Market Data Partners with China Credit BGC Money Broking Company Ltd ...
www.prnewswire.com - August 28 at 4:31 PM |
| FENICS Market Data Partners with China Credit BGC Money Broking Company Ltd. to Offer Clients China Market Data
finance.yahoo.com - August 28 at 2:12 AM |
| BGC Partners, Inc. breached its 50 day moving average in a Bullish Manner : BGCP-US : August 23, 2017
finance.yahoo.com - August 23 at 4:40 PM |
| BGC Partners, Inc. (BGCP) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - August 20 at 2:32 PM |
| BGC Partners, Inc. (NASDAQ:BGCP) Sees Large Growth in Short Interest
www.americanbankingnews.com - August 13 at 1:46 AM |
| BGC Partners, Inc. breached its 50 day moving average in a Bearish Manner : BGCP-US : August 11, 2017
finance.yahoo.com - August 11 at 4:58 PM |
| New Strong Sell Stocks for August 10th - Nasdaq
www.nasdaq.com - August 10 at 5:40 PM |
| See what the IHS Markit Score report has to say about BGC Partners Inc.
finance.yahoo.com - August 10 at 5:40 PM |
| BGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for August 10, 2017 - Nasdaq
www.nasdaq.com - August 9 at 4:44 PM |
| New Strong Sell Stocks for July 31st
finance.yahoo.com - July 31 at 4:29 PM |
| BGC Partners, Inc. (NASDAQ:BGCP) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - July 29 at 8:36 PM |
 | BGC Partners, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - July 28 at 10:54 PM |
 | BGC Partners Inc. Announces 41% Advance In Q2 Bottom Line
www.rttnews.com - July 28 at 10:54 PM |
| BGC Partners, Inc. (NASDAQ:BGCP) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 28 at 10:27 PM |
| Edited Transcript of BGCP earnings conference call or presentation 26-Jul-17 2:00pm GMT
finance.yahoo.com - July 27 at 5:01 PM |
| BGC Partners' Howard Lutnick: Financials have a nice bump...
finance.yahoo.com - July 27 at 5:01 PM |
| BGC Partners Inc. Announces 41% Advance In Q2 Bottom Line - Nasdaq
www.nasdaq.com - July 26 at 10:09 PM |
| BGC Partners, Inc. (NASDAQ:BGCP) Posts Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - July 26 at 5:54 PM |
| BGC Partners' (BGCP) CEO Howard Lutnick on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 26 at 5:06 PM |
| BGC Partners Reports Second Quarter 2017 Financial Results
finance.yahoo.com - July 26 at 5:06 PM |
| BGC Partners posts 2Q profit
finance.yahoo.com - July 26 at 5:06 PM |
| BGC Partners, Inc. (BGCP) Announces $0.18 Quarterly Dividend
www.americanbankingnews.com - July 26 at 1:07 PM |
| Corporate News Blog - Berkeley Point Financial to be Acquired by Global Brokerage Firm BGC Partners
finance.yahoo.com - July 20 at 6:07 PM |
| Contrasting BGC Partners (BGCP) and FXCM (GLBR)
www.americanbankingnews.com - July 20 at 8:56 AM |
| BGC Partners (BGCP) Acquires Berkeley Point Financial - M&A Slideshow
seekingalpha.com - July 19 at 5:43 PM |
| Zacks.com featured highlights: Arkema, BGC Partners, Meta Financial Group, SYNNEX and Ituran Location and Control
finance.yahoo.com - July 19 at 5:43 PM |
| BGC Partners, Inc. (BGCP) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM |
 | BGC Partners (BGCP) Reports Acquisition of Berkeley Point Financial LLC for $875M from Cantor Fitzgerald Affiliate, L.P.2
www.streetinsider.com - July 19 at 4:03 AM |
 | BGC Partners to buy Berkeley Point Financial for $875 million
www.reuters.com - July 19 at 4:03 AM |
| BGC Partners 's (BGCP) CEO Howard Lutnick on Acquisition of Berkley Point Conference Call (Transcript) - Seeking Alpha
seekingalpha.com - July 18 at 11:00 PM |
| BGC To Buy Berkeley Point For $875 Mln; Sees Deal To Dramatically Lift Results - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM |
| BGC Partners to buy Berkeley Point Financial for $875 mln - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM |
| BGC Partners Agrees to Acquire 100 Percent of Berkeley Point Financial LLC
finance.yahoo.com - July 18 at 2:50 AM |
| BGC Partners to buy Berkeley Point Financial for $875 mln
finance.yahoo.com - July 18 at 2:50 AM |
| BGC Brokers' Capitalab Portfolio Compression Service Executes the First Interest Rate Swaps and Options Combined ... - PR Newswire (press release)
www.prnewswire.com - July 17 at 4:47 PM |
| BGC Brokers' Capitalab Portfolio Compression Service Executes the First Interest Rate Swaps and Options Combined Compression Cycle
finance.yahoo.com - July 17 at 4:47 PM |
| BGC Partners, Inc. (NASDAQ:BGCP) Sees Large Drop in Short Interest
www.americanbankingnews.com - July 16 at 7:06 AM |
| ETFs with exposure to BGC Partners, Inc. : July 13, 2017
finance.yahoo.com - July 13 at 5:31 PM |
| The BGC Boss, His Son’s Driving Career and the Ex-F1 Officials
finance.yahoo.com - July 8 at 9:15 AM |
| BGC Partners, Inc. (BGCP) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - July 7 at 3:10 PM |
BGC Partners (BGCP) Chart for Wednesday, September, 20, 2017
