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NASDAQ:BGCP

BGC Partners Stock Forecast, Price & News

$2.49
+0.02 (+0.81 %)
(As of 09/18/2020 09:17 PM ET)
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Today's Range
$2.45
Now: $2.49
$2.51
50-Day Range
$2.37
MA: $2.61
$2.90
52-Week Range
$2.07
Now: $2.49
$6.14
Volume4.48 million shs
Average Volume3.82 million shs
Market Capitalization$895.49 million
P/E Ratio49.81
Dividend Yield1.61%
Beta1.6
BGC Partners, Inc. operates as a brokerage and financial technology company worldwide. It offers various brokerage products, such as fixed income, foreign exchange, equities, energy and commodities, insurance, and futures. The company also provides other services that include trade execution, broker dealer, clearing, trade compression, post-trade, information, and other back office services to financial and non-financial institutions. In addition, it offers fully electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to financial instrument and markets under the Fenics, BGC Trader, CreditMatch, Fenics Market Data, BGC Market Data, kACE2, EMBonds, Capitalab, Swaptioniser, CBID, and Lucera brand names. Further, the company 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. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.23 out of 5 stars


Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:BGCP
CUSIP05541T10
Phone212-610-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.10 billion
Cash Flow$1.25 per share
Book Value$2.10 per share

Profitability

Net Income$55.71 million

Miscellaneous

Employees5,200
Market Cap$895.49 million
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$2.49
+0.02 (+0.81 %)
(As of 09/18/2020 09:17 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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BGC Partners (NASDAQ:BGCP) Frequently Asked Questions

How has BGC Partners' stock price been impacted by Coronavirus (COVID-19)?

BGC Partners' stock was trading at $4.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BGCP shares have decreased by 38.1% and is now trading at $2.49.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of BGC Partners?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BGC Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for BGC Partners
.

When is BGC Partners' next earnings date?

BGC Partners is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for BGC Partners
.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) released its quarterly earnings data on Thursday, July, 30th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.15. The financial services provider had revenue of $519.09 million for the quarter, compared to analysts' expectations of $522.40 million. BGC Partners had a net margin of 1.06% and a return on equity of 42.18%.
View BGC Partners' earnings history
.

How often does BGC Partners pay dividends? What is the dividend yield for BGC Partners?

BGC Partners declared a quarterly dividend on Thursday, July 30th. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.01 per share on Wednesday, September 2nd. This represents a $0.04 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Tuesday, August 18th.
View BGC Partners' dividend history
.

What guidance has BGC Partners issued on next quarter's earnings?

BGC Partners issued an update on its third quarter 2020 Pre-Market earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $440-490 million, compared to the consensus revenue estimate of $501.15 million.

Has BGC Partners been receiving favorable news coverage?

Media headlines about BGCP stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BGC Partners earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about BGC Partners
.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 12,760,000 shares, an increase of 66.1% from the August 15th total of 7,680,000 shares. Based on an average daily volume of 3,930,000 shares, the short-interest ratio is presently 3.2 days. Currently, 4.5% of the shares of the stock are short sold.
View BGC Partners' Short Interest
.

Who are some of BGC Partners' key competitors?

What other stocks do shareholders of BGC Partners own?

Who are BGC Partners' key executives?

BGC Partners' management team includes the following people:
  • Mr. Howard W. Lutnick, Chairman & CEO (Age 57)
  • Mr. Shaun D. Lynn, Pres (Age 56)
  • Mr. Sean A. Windeatt, Exec. VP, Interim CFO & COO (Age 46)
  • Mr. Sean P. Galvin, Chief Accounting Officer
  • Mr. Stephen M. Merkel, Exec. VP & Gen. Counsel (Age 60)

What is BGC Partners' stock symbol?

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

Who are BGC Partners' major shareholders?

BGC Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.41%), Point72 Asset Management L.P. (2.60%), Alyeska Investment Group L.P. (1.62%), Bank of New York Mellon Corp (1.05%), Charles Schwab Investment Management Inc. (0.79%) and Russell Investments Group Ltd. (0.46%). Company insiders that own BGC Partners stock include Linda A Bell and Sean Galvin.
View institutional ownership trends for BGC Partners
.

Which institutional investors are selling BGC Partners stock?

BGCP stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Point72 Asset Management L.P., Raymond James & Associates, AQR Capital Management LLC, Advisors Capital Management LLC, Vanguard Group Inc., and Raymond James Financial Services Advisors Inc..
View insider buying and selling activity for BGC Partners
.

Which institutional investors are buying BGC Partners stock?

BGCP stock was purchased by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, UBS Group AG, Charles Schwab Investment Management Inc., MUFG Securities EMEA plc, Alyeska Investment Group L.P., Lonestar Capital Management LLC, Nuveen Asset Management LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is BGC Partners' stock price today?

One share of BGCP stock can currently be purchased for approximately $2.49.

How big of a company is BGC Partners?

BGC Partners has a market capitalization of $895.49 million and generates $2.10 billion in revenue each year. The financial services provider earns $55.71 million in net income (profit) each year or $0.61 on an earnings per share basis. BGC Partners employs 5,200 workers across the globe.

What is BGC Partners' official website?

The official website for BGC Partners is www.bgcpartners.com.

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.

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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