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: $3.8 billion
- Outstanding Shares: 284,927,000
Average Prices:- 50 Day Moving Avg: $12.49
- 200 Day Moving Avg: $11.55
- 52 Week Range: $8.36 - $13.40
P/E:- Trailing P/E Ratio: 35.11
- Foreward P/E Ratio: 11.81
- P/E Growth: 1.07
Sales & Book Value:- Annual Revenue: $2.62 billion
- Price / Sales: 1.45
- Book Value: $2.98 per share
- Price / Book: 4.48
Dividend:- Annual Dividend: $0.72
- Dividend Yield: 5.4%
Profitability:- Net Margins: 4.14%
- Return on Equity: 32.21%
- Return on Assets: 8.14%
Debt:- Debt-to-Equity Ratio: 0.86%
- Current Ratio: 1.17%
- Quick Ratio: 1.16%
Misc:- Average Volume: 1.90 million shs.
- Beta: 1.29
- Short Ratio: 0.38
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 Monday, May 8th. Shareholders of record on Friday, May 19th will be paid a dividend of $0.18 per share on Monday, June 5th. This represents a $0.72 annualized dividend and a yield of 5.40%. The ex-dividend date is Wednesday, May 17th. This is a boost from BGC Partners's previous quarterly dividend of $0.16. View BGC Partners' Dividend History.
How will BGC Partners' stock buyback program work?
BGC Partners announced that its board has initiated a stock buyback program on Wednesday, April 12th 2017, which permits the company to buyback $170,300,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.
How were BGC Partners' earnings last quarter?
BGC Partners, Inc. (NASDAQ:BGCP) announced its quarterly earnings data on Thursday, May, 4th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.01. The business earned $707.40 million during the quarter, compared to analysts' expectations of $693 million. BGC Partners had a net margin of 4.14% and a return on equity of 32.21%. BGC Partners's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 EPS. View BGC Partners' Earnings History.
When will BGC Partners make its next earnings announcement?
Are investors shorting BGC Partners?
BGC Partners saw a drop in short interest in the month of June. As of June 30th, there was short interest totalling 1,066,357 shares, a drop of 64.3% from the June 15th total of 2,985,874 shares. Based on an average daily trading volume, of 4,493,069 shares, the short-interest ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are short sold.
Who are some of BGC Partners' key competitors?
Some companies that are related to BGC Partners include MarketAxess Holdings (MKTX), Mitsubishi UFJ Financial Group (MTU), W.P. Carey (WPC), Kilroy Realty Corporation (KRC), Sun Communities (SUI), Signature Bank (SBNY), American Capital Agency Corp. (AGNC), Apartment Investment and Management Company (AIV), Voya Financial (VOYA), Invitation Home (INVH), Janus Capital Group (JHG), Omega Healthcare Investors (OHI), American Campus Communities (ACC), Springleaf Holdings (LEAF), Erie Indemnity Company (ERIE), New York Community Bancorp (NYCB), Brookfield Property Partners L.P. (BPY) and Lazard (LAZ).
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 a number of of institutional and retail investors. Top institutional shareholders include Advisors Capital Management LLC (0.43%), Bank of Montreal Can (0.13%), James Investment Research Inc. (0.04%), Aperio Group LLC (0.03%), Diversified Trust Co (0.02%) and TNB Financial (0.01%). View Institutional Ownership Trends for BGC Partners.
Who sold BGC Partners stock? Who is selling BGC Partners stock?
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 Bank of Montreal Can, James Investment Research Inc., Aperio Group LLC, Visionary Asset Management Inc., Meeder Asset Management Inc. and Creative Planning. 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 $13.34.
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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/29/2015 | Raymond James Financial, Inc. | Reiterated Rating | Strong-Buy | $12.00 -> $14.00 | N/A |  |
(Data available from 7/23/2015 forward)
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 |
|---|
| 7/26/2017 | | $0.24 | | | | | 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: $1.00 EPS
Next Year EPS Consensus Estimate: $1.13 EPS
Current Dividend Information for BGC Partners (NASDAQ:BGCP)| Most Recent Dividend: | 6/5/2017 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 5.40% |
| Payout Ratio: | 184.62% (Trailing 12 Months of Earnings)
72.00% (Based on This Year's Estimates)
63.72% (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 |
|---|
| 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: 45.93%
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 |
|---|
 | 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 |
| Head to Head Comparison: Stifel Financial Corporation (SF) vs. BGC Partners (BGCP)
www.americanbankingnews.com - July 6 at 8:28 PM |
| Stifel Financial Corporation (SF) vs. BGC Partners (BGCP) Financial Contrast
www.americanbankingnews.com - July 4 at 5:23 PM |
| BGC Partners (BGCP) & Stifel Financial Corporation (SF) Financial Comparison
www.americanbankingnews.com - July 3 at 8:19 AM |
| Zacks Investment Research Upgrades BGC Partners, Inc. (NASDAQ:BGCP) to "Buy"
www.americanbankingnews.com - June 30 at 7:46 PM |
| BRIEF-BGC Partners updates outlook for Q2
www.reuters.com - June 28 at 8:16 PM |
| BGC Partners Updates Its Outlook For The Second Quarter Of 2017
finance.yahoo.com - June 28 at 8:16 PM |
| Financial Review: Stifel Financial Corporation (SF) & BGC Partners (BGCP)
www.americanbankingnews.com - June 26 at 8:42 AM |
| BGC Partners (BGCP) versus Stifel Financial Corporation (SF) Head-To-Head Contrast
www.americanbankingnews.com - June 26 at 8:08 AM |
| BGC Partners, Inc. (BGCP) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - June 24 at 10:58 PM |
| Head-To-Head Contrast: BGC Partners (BGCP) vs. Stifel Financial Corporation (SF)
www.americanbankingnews.com - June 24 at 7:46 AM |
| After Hours Most Active for Jun 23, 2017 : EXEL, EBAY, AVP, FNB, GRPN, BGCP, NRZ, CVS, MU, ESV, BMY, AAPL - Nasdaq
www.nasdaq.com - June 23 at 9:32 PM |
| Comparing BGC Partners (BGCP) & Global Brokerage (GLBR)
www.americanbankingnews.com - June 22 at 8:42 PM |
| BGC's Ingram Says U.K Data Points to Stagflation
finance.yahoo.com - June 20 at 4:36 PM |
| Clearstream and ColleX™ collaborate to offer simplified buy-side access to tri-party collateral management
finance.yahoo.com - June 19 at 11:05 AM |
| Clearstream and ColleX™ collaborate to offer simplified buy-side access to tri-party collateral management
finance.yahoo.com - June 19 at 11:05 AM |
 | BGC's Market Data Unit Agrees To Distribution Partnership With Amerex Brokers
www.rttnews.com - June 13 at 11:09 PM |
| FENICS Market Data Partners with Amerex for Energy Data; Adds to its Energy Market Data team
finance.yahoo.com - June 13 at 1:06 PM |
| ETFs with exposure to BGC Partners, Inc. : June 12, 2017
finance.yahoo.com - June 12 at 4:54 PM |
| BGC Partners (BGCP) and MarketAxess Holdings (MKTX) Head-To-Head Comparison
www.americanbankingnews.com - June 11 at 7:52 AM |
| BGC plans spinoff of Newmark unit in IPO before yearend: CEO
www.reuters.com - June 8 at 9:43 PM |
| BGC plans spinoff of Newmark unit in IPO before yearend: CEO - Reuters
www.reuters.com - June 7 at 9:13 PM |
| BGC Partners (BGCP) Presents At Sandler O'Neill Global Exchanges and Brokerages Conference - Slideshow
seekingalpha.com - June 7 at 4:11 PM |
| BGC plans spinoff of Newmark unit in IPO before yearend -CEO
finance.yahoo.com - June 7 at 4:10 PM |
| BGC plans year-end IPO for real estate unit
finance.yahoo.com - June 7 at 4:10 PM |
| BGC Partners Will Host Investors and Analysts on Thursday, November 30, 2017
finance.yahoo.com - June 5 at 9:28 PM |
| ETFs with exposure to BGC Partners, Inc. : June 1, 2017
finance.yahoo.com - June 1 at 4:22 PM |
| BGC Partners, Inc. :BGCP-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017
finance.yahoo.com - May 31 at 10:39 AM |
| BGC Partners, Inc. (BGCP) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - May 30 at 8:20 PM |
| The Zacks Analyst Blog Highlights: Select Bancorp, Health Insurance Innovations, BGC Partners, Carlyle Group and Lazard
finance.yahoo.com - May 26 at 4:15 PM |
| Fed Minutes Hint at Rate Hike in June: Top 5 Gainers
finance.yahoo.com - May 25 at 4:54 PM |
| BGC Partners, Inc. : BGCP-US: Dividend Analysis : May 19th, 2017 (record date) : By the numbers : May 18, 2017
finance.yahoo.com - May 18 at 3:51 PM |
| BGC readies US Treasuries e-trading platform for June launch - Reuters
www.reuters.com - May 18 at 11:46 AM |
BGC Partners (BGCP) Chart for Sunday, July, 23, 2017
