BGC Partners Company Profile (NASDAQ:BGCP)

About BGC Partners (NASDAQ:BGCP)

BGC Partners logoBGC 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: $3.58 billion
  • Outstanding Shares: 286,367,000
Average Prices:
  • 50 Day Moving Avg: $12.80
  • 200 Day Moving Avg: $11.83
  • 52 Week Range: $8.36 - $13.44
P/E:
  • Trailing P/E Ratio: 31.51
  • Foreward P/E Ratio: 11.37
  • P/E Growth: 1.02
Sales & Book Value:
  • Annual Revenue: $2.7 billion
  • Price / Sales: 1.33
  • Book Value: $2.93 per share
  • Price / Book: 4.27
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 5.7%
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: 1.96 million shs.
  • Beta: 1.29
  • 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 declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 14th will be paid a dividend of $0.18 per share on Monday, August 28th. This represents a $0.72 annualized dividend and a dividend yield of 5.76%. 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 approved a share buyback program on Wednesday, April 12th 2017, which authorizes the company to buyback $170,300,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were BGC Partners' earnings last quarter?

BGC Partners, Inc. (NASDAQ:BGCP) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The company earned $737.80 million during the quarter, compared to analyst estimates of $716 million. BGC Partners had a return on equity of 35.60% and a net margin of 4.23%. The business's quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. View BGC Partners' Earnings History.

When will BGC Partners make its next earnings announcement?

BGC Partners is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for BGC Partners.

Are investors shorting BGC Partners?

BGC Partners saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,318,530 shares, an increase of 27.8% from the July 14th total of 1,031,642 shares. Based on an average daily volume of 1,750,025 shares, the short-interest ratio is currently 0.8 days. Currently, 0.6% of the company's shares are short sold.

Who are some of BGC Partners' key competitors?

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 investors 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 acquired 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 $12.51.


MarketBeat Community Rating for BGC Partners (NASDAQ BGCP)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  125 (Vote Underperform)
Total Votes:  196
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.

Analyst Ratings

Consensus Ratings for BGC Partners (NASDAQ:BGCP) (How are Consensus Ratings Calculated?)
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

Earnings History for BGC Partners (NASDAQ:BGCP)
Earnings by Quarter for BGC Partners (NASDAQ:BGCP)
Earnings History by Quarter for BGC Partners (NASDAQ BGCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.24N/AView Earnings Details
7/26/2017Q2 2017$0.24$0.24$716.00 million$737.80 millionViewN/AView Earnings Details
5/4/2017Q1 2017$0.23$0.23$693.00 million$707.40 millionViewListenView Earnings Details
2/9/2017Q416$0.24$0.25$658.80 million$673.20 millionViewListenView Earnings Details
10/27/2016Q316$0.21$0.21$674.05 million$643.50 millionViewListenView Earnings Details
7/28/2016Q216$0.19$0.19$665.70 million$652.00 millionViewListenView Earnings Details
4/27/2016Q116$0.18$0.18$664.95 million$660.10 millionViewListenView Earnings Details
2/10/2016Q415$0.19$0.23$690.40 million$692.00 millionViewListenView Earnings Details
10/28/2015Q3$0.19$0.19$707.00 million$700.90 millionViewListenView Earnings Details
7/29/2015Q215$0.17$0.18$667.40 million$684.60 millionViewListenView Earnings Details
4/29/2015Q115$0.18$0.18$534.52 million$563.90 millionViewN/AView Earnings Details
2/11/2015Q414$0.19$0.18$509.46 million$515.50 millionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.17$426.84 million$449.80 millionViewN/AView Earnings Details
7/31/2014Q214$0.13$0.13$429.60 million$430.30 millionViewN/AView Earnings Details
5/1/2014Q114$0.13$0.15$436.00 million$445.90 millionViewListenView Earnings Details
2/12/2014Q413$0.11$0.15$421.88 million$432.90 millionViewListenView Earnings Details
10/31/2013Q313$0.12$0.10$426.00 million$414.40 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.13$0.18$460.92 million$471.10 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.12$0.12$440.66 million$449.80 millionViewListenView Earnings Details
2/14/2013Q4 2012$0.12$0.12$432.94 million$436.30 millionViewListenView Earnings Details
11/2/2012$0.13$0.13$437.60 million$445.70 millionViewN/AView Earnings Details
7/26/2012$0.17$0.17ViewN/AView Earnings Details
5/3/2012$0.19$0.19ViewN/AView Earnings Details
2/24/2012$0.16$0.16ViewN/AView Earnings Details
10/27/2011$0.20$0.20ViewN/AView Earnings Details
5/5/2011$0.22$0.22ViewN/AView Earnings Details
2/17/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BGC Partners (NASDAQ:BGCP)
Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $1.10 EPS

Dividends

Current Dividend Information for BGC Partners (NASDAQ:BGCP)
Next Dividend:8/28/2017
Annual Dividend:$0.72
Dividend Yield:5.76%
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 Payments by Quarter for BGC Partners (NASDAQ:BGCP)

Dividend History by Quarter for BGC Partners (NASDAQ BGCP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017quarterly$0.185.78%8/10/20178/14/20178/28/2017
5/8/2017Quarterly$0.186.25%5/17/20175/19/20176/5/2017
2/9/2017quarterly$0.165.45%2/24/20172/28/20173/14/2017
10/27/2016quarterly$0.167.61%11/21/201611/23/201612/8/2016
7/28/2016quarterly$0.167.22%8/16/20168/18/20169/1/2016
4/27/2016quarterly$0.166.95%5/12/20165/16/20166/1/2016
2/18/2016quarterly$0.146.4%2/29/20163/2/20163/16/2016
10/28/2015quarterly$0.146.34%11/18/201511/20/201512/4/2015
7/31/2015quarterly$0.145.69%8/19/20158/21/20159/4/2015
5/1/2015quarterly$0.145.59%5/13/20155/15/20155/29/2015
2/11/2015quarterly$0.125.14%2/26/20153/2/20153/16/2015
10/30/2014quarterly$0.125.65%11/20/201411/24/201412/9/2014
8/4/2014quarterly$0.126.19%8/20/20148/22/20149/5/2014
5/5/2014quarterly$0.126.67%5/14/20145/16/20146/2/2014
2/18/2014quarterly$0.126.85%2/25/20142/27/20143/13/2014
11/4/2013quarterly$0.128.87%11/14/201311/18/201312/2/2013
8/6/2013quarterly$0.127.92%8/21/20138/23/20139/6/2013
5/8/2013quarterly$0.128.28%5/15/20135/17/20135/31/2013
2/14/2013quarterly$0.1210.23%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BGC Partners (NASDAQ:BGCP)
Insider Ownership Percentage: 37.40%
Institutional Ownership Percentage: 48.41%
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Institutional Ownership by Quarter for BGC Partners (NASDAQ:BGCP)
Insider Trades by Quarter for BGC Partners (NASDAQ:BGCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2015Stephen T CurwoodDirectorSell4,000$9.16$36,640.00View SEC Filing  
12/17/2014Stephen T CurwoodDirectorSell7,600$8.86$67,336.00View SEC Filing  
8/20/2014Linda A BellDirectorSell3,471$7.62$26,449.02View SEC Filing  
7/7/2014John H DaltonDirectorBuy11,400$7.53$85,842.00View SEC Filing  
6/18/2014Stephen T CurwoodDirectorSell4,800$7.48$35,904.00View SEC Filing  
6/21/2013John H DaltonDirectorBuy10,000$5.61$56,100.00View SEC Filing  
6/5/2013Albert M WeisDirectorBuy20,000$5.51$110,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for BGC Partners (NASDAQ:BGCP)
Latest Headlines for BGC Partners (NASDAQ:BGCP)
Source:
DateHeadline
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Sees Large Growth in Short Interest
www.americanbankingnews.com - August 13 at 1:46 AM
finance.yahoo.com logoBGC 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
nasdaq.com logoNew Strong Sell Stocks for August 10th - Nasdaq
www.nasdaq.com - August 10 at 5:40 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about BGC Partners Inc.
finance.yahoo.com - August 10 at 5:40 PM
nasdaq.com logoBGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for August 10, 2017 - Nasdaq
www.nasdaq.com - August 9 at 4:44 PM
finance.yahoo.com logoNew Strong Sell Stocks for July 31st
finance.yahoo.com - July 31 at 4:29 PM
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - July 29 at 8:36 PM
seekingalpha.com logoBGC Partners, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - July 28 at 10:54 PM
rttnews.com logoBGC Partners Inc. Announces 41% Advance In Q2 Bottom Line
www.rttnews.com - July 28 at 10:54 PM
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 28 at 10:27 PM
finance.yahoo.com logoEdited Transcript of BGCP earnings conference call or presentation 26-Jul-17 2:00pm GMT
finance.yahoo.com - July 27 at 5:01 PM
finance.yahoo.com logoBGC Partners' Howard Lutnick: Financials have a nice bump...
finance.yahoo.com - July 27 at 5:01 PM
nasdaq.com logoBGC Partners Inc. Announces 41% Advance In Q2 Bottom Line - Nasdaq
www.nasdaq.com - July 26 at 10:09 PM
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Posts Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - July 26 at 5:54 PM
seekingalpha.com logoBGC Partners' (BGCP) CEO Howard Lutnick on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 26 at 5:06 PM
finance.yahoo.com logoBGC Partners Reports Second Quarter 2017 Financial Results
finance.yahoo.com - July 26 at 5:06 PM
finance.yahoo.com logoBGC Partners posts 2Q profit
finance.yahoo.com - July 26 at 5:06 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Announces $0.18 Quarterly Dividend
www.americanbankingnews.com - July 26 at 1:07 PM
finance.yahoo.com logoCorporate News Blog - Berkeley Point Financial to be Acquired by Global Brokerage Firm BGC Partners
finance.yahoo.com - July 20 at 6:07 PM
americanbankingnews.com logoContrasting BGC Partners (BGCP) and FXCM (GLBR)
www.americanbankingnews.com - July 20 at 8:56 AM
seekingalpha.com logoBGC Partners (BGCP) Acquires Berkeley Point Financial - M&A Slideshow
seekingalpha.com - July 19 at 5:43 PM
finance.yahoo.com logoZacks.com featured highlights: Arkema, BGC Partners, Meta Financial Group, SYNNEX and Ituran Location and Control
finance.yahoo.com - July 19 at 5:43 PM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 19 at 8:15 AM
streetinsider.com logoBGC 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
reuters.com logoBGC Partners to buy Berkeley Point Financial for $875 million
www.reuters.com - July 19 at 4:03 AM
seekingalpha.com logoBGC Partners 's (BGCP) CEO Howard Lutnick on Acquisition of Berkley Point Conference Call (Transcript) - Seeking Alpha
seekingalpha.com - July 18 at 11:00 PM
nasdaq.com logoBGC To Buy Berkeley Point For $875 Mln; Sees Deal To Dramatically Lift Results - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM
nasdaq.com logoBGC Partners to buy Berkeley Point Financial for $875 mln - Nasdaq
www.nasdaq.com - July 18 at 2:50 AM
finance.yahoo.com logoBGC Partners Agrees to Acquire 100 Percent of Berkeley Point Financial LLC
finance.yahoo.com - July 18 at 2:50 AM
finance.yahoo.com logoBGC Partners to buy Berkeley Point Financial for $875 mln
finance.yahoo.com - July 18 at 2:50 AM
prnewswire.com logoBGC 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
finance.yahoo.com logoBGC 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
americanbankingnews.com logoBGC Partners, Inc. (NASDAQ:BGCP) Sees Large Drop in Short Interest
www.americanbankingnews.com - July 16 at 7:06 AM
finance.yahoo.com logoETFs with exposure to BGC Partners, Inc. : July 13, 2017
finance.yahoo.com - July 13 at 5:31 PM
finance.yahoo.com logoThe BGC Boss, His Son’s Driving Career and the Ex-F1 Officials
finance.yahoo.com - July 8 at 9:15 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - July 7 at 3:10 PM
americanbankingnews.com logoHead to Head Comparison: Stifel Financial Corporation (SF) vs. BGC Partners (BGCP)
www.americanbankingnews.com - July 6 at 8:28 PM
americanbankingnews.com logoStifel Financial Corporation (SF) vs. BGC Partners (BGCP) Financial Contrast
www.americanbankingnews.com - July 4 at 5:23 PM
americanbankingnews.com logoBGC Partners (BGCP) & Stifel Financial Corporation (SF) Financial Comparison
www.americanbankingnews.com - July 3 at 8:19 AM
americanbankingnews.com logoZacks Investment Research Upgrades BGC Partners, Inc. (NASDAQ:BGCP) to "Buy"
www.americanbankingnews.com - June 30 at 7:46 PM
reuters.com logoBRIEF-BGC Partners updates outlook for Q2
www.reuters.com - June 28 at 8:16 PM
finance.yahoo.com logoBGC Partners Updates Its Outlook For The Second Quarter Of 2017
finance.yahoo.com - June 28 at 8:16 PM
americanbankingnews.com logoFinancial Review: Stifel Financial Corporation (SF) & BGC Partners (BGCP)
www.americanbankingnews.com - June 26 at 8:42 AM
americanbankingnews.com logoBGC Partners (BGCP) versus Stifel Financial Corporation (SF) Head-To-Head Contrast
www.americanbankingnews.com - June 26 at 8:08 AM
americanbankingnews.com logoBGC Partners, Inc. (BGCP) Cut to "Hold" at BidaskClub
www.americanbankingnews.com - June 24 at 10:58 PM
americanbankingnews.com logoHead-To-Head Contrast: BGC Partners (BGCP) vs. Stifel Financial Corporation (SF)
www.americanbankingnews.com - June 24 at 7:46 AM
nasdaq.com logoAfter 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
americanbankingnews.com logoComparing BGC Partners (BGCP) & Global Brokerage (GLBR)
www.americanbankingnews.com - June 22 at 8:42 PM
finance.yahoo.com logoBGC's Ingram Says U.K Data Points to Stagflation
finance.yahoo.com - June 20 at 4:36 PM
finance.yahoo.com logoClearstream and ColleX™ collaborate to offer simplified buy-side access to tri-party collateral management
finance.yahoo.com - June 19 at 11:05 AM

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Chart

BGC Partners (BGCP) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff