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

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$11.69 -0.11 (-0.93 %)
(As of 06/19/2018 08:00 AM ET)
Previous Close$11.80
Today's Range$11.59 - $11.78
52-Week Range$10.65 - $16.97
Volume2.46 million shs
Average Volume2.96 million shs
Market Capitalization$3.75 billion
P/E Ratio9.83
Dividend Yield6.10%
Beta1.03
BGC Partners logoBGC 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
SymbolNASDAQ:BGCP
CUSIP05541T10
Phone212-610-2200

Debt

Debt-to-Equity Ratio0.99
Current Ratio1.14
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio9.83
Forward P/E Ratio8.66
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.35 billion
Price / Sales1.11
Cash Flow$2.5863 per share
Price / Cash4.52
Book Value$3.91 per share
Price / Book2.99

Profitability

EPS (Most Recent Fiscal Year)$1.20
Net Income$51.47 million
Net Margins1.24%
Return on Equity48.64%
Return on Assets9.03%

Miscellaneous

Employees9,238
Outstanding Shares317,800,000

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, May 3rd. Shareholders of record on Monday, May 21st will be given a dividend of $0.18 per share on Tuesday, June 5th. This represents a $0.72 annualized dividend and a yield of 6.16%. The ex-dividend date is Friday, May 18th. View BGC Partners' Dividend History.

How will BGC Partners' stock buyback program work?

BGC Partners declared that its Board of Directors has initiated a share repurchase plan on Wednesday, April 12th 2017, which authorizes the company to repurchase $170,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) announced its earnings results on Thursday, May, 3rd. The financial services provider reported $0.32 earnings per share for the quarter, beating the 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.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for BGC Partners.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest in May. As of May 31st, there was short interest totalling 3,032,877 shares, an increase of 36.2% from the May 15th total of 2,227,146 shares. Based on an average daily volume of 2,715,126 shares, the short-interest ratio is presently 1.1 days. Currently, 1.4% of the company's stock are sold short.

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 56)
  • Mr. Shaun D. Lynn, Pres (Age 55)
  • Mr. Steven R. McMurray, CFO & Principal Accounting Officer (Age 44)
  • Mr. Sean A. Windeatt, Chief Operating Officer (Age 45)
  • Mr. Stephen M. Merkel, Exec. VP, Gen. Counsel & Company Sec. (Age 59)

Has BGC Partners been receiving favorable news coverage?

Press coverage about BGCP stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BGC Partners earned a media sentiment score of 0.04 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 45.32 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.80%), Principal Financial Group Inc. (3.53%), Principal Financial Group Inc. (3.40%), Dimensional Fund Advisors LP (2.00%), Millennium Management LLC (1.99%) and Cardinal Capital Management LLC CT (1.60%). View Institutional Ownership Trends for BGC Partners.

Which major investors are selling BGC Partners stock?

BGCP stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, JPMorgan Chase & Co., Wells Fargo & Company MN, Clinton Group Inc., Advisors Capital Management LLC, Engineers Gate Manager LP, Cubist Systematic Strategies LLC and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for BGC Partners.

Which major investors are buying BGC Partners stock?

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Cardinal Capital Management LLC CT, Principal Financial Group Inc., Principal Financial Group Inc., UBS Group AG, Mackay Shields LLC, Point72 Asset Management L.P. and EJF Capital LLC. 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 $11.69.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $3.75 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.

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 (BGCP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  368
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 6/19/2018 by MarketBeat.com Staff

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