General Cable Company Profile (NYSE:BGC)

About General Cable (NYSE:BGC)

General Cable logoGeneral Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company's segments include North America, Europe, Latin America, and Africa/Asia Pacific. The Company produces and sells to a range of end markets, including markets for electric utility, electrical infrastructure, communications, construction and rod mill products. As of December 31, 2016, the North America segment included 17 manufacturing facilities across the region. The Europe segment consists of six manufacturing facilities across the region. The Latin America segment consists of six manufacturing facilities across the region. The Africa/Asia Pacific segment consists of four manufacturing facilities across the segment.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Industrial Equipment & Components
  • Sub-Industry: Electrical Components & Equipment
  • Symbol: NYSE:BGC
  • CUSIP: 36930010
  • Web: www.generalcable.com
Capitalization:
  • Market Cap: $784.17 million
  • Outstanding Shares: 49,631,000
Average Prices:
  • 50 Day Moving Avg: $17.22
  • 200 Day Moving Avg: $17.90
  • 52 Week Range: $11.65 - $20.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.75
  • P/E Growth: 1.510
Sales & Book Value:
  • Annual Revenue: $3.77 billion
  • Price / Sales: 0.21
  • Book Value: $3.33 per share
  • Price / Book: 4.74
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 4.7%
Profitability:
  • EBIDTA: $291.2 million
  • Net Margins: -2.47%
  • Return on Equity: 25.38%
  • Return on Assets: 2.60%
Debt:
  • Debt-to-Equity Ratio: 5.16%
  • Current Ratio: 1.77%
  • Quick Ratio: 0.92%
Misc:
  • Average Volume: 499,718 shs.
  • Beta: 2.51
  • Short Ratio: 8.46
 

Frequently Asked Questions for General Cable (NYSE:BGC)

What is General Cable's stock symbol?

General Cable trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGC."

How often does General Cable pay dividends? What is the dividend yield for General Cable?

General Cable announced a quarterly dividend on Thursday, May 18th. Investors of record on Friday, June 9th will be given a dividend of $0.18 per share on Friday, June 30th. This represents a $0.72 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Wednesday, June 7th. View General Cable's Dividend History.

How were General Cable's earnings last quarter?

General Cable Co. (NYSE:BGC) released its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.11. The business earned $918.20 million during the quarter, compared to analyst estimates of $895.58 million. General Cable had a negative net margin of 2.47% and a positive return on equity of 25.38%. The firm's revenue was down 8.4% compared to the same quarter last year. During the same period last year, the business earned $0.19 earnings per share. View General Cable's Earnings History.

When will General Cable make its next earnings announcement?

General Cable is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for General Cable.

What guidance has General Cable issued on next quarter's earnings?

General Cable updated its second quarter earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $0.15-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.17. The company issued revenue guidance of $925-975 million, compared to the consensus revenue estimate of $939.33 million.

Who are some of General Cable's key competitors?

Who owns General Cable stock?

General Cable's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.70%), BlackRock Inc. (12.10%), Victory Capital Management Inc. (6.02%), Dimensional Fund Advisors LP (4.81%), American Financial Group Inc. (3.87%) and Pzena Investment Management LLC (3.48%). Company insiders that own General Cable stock include Gregory E Lawton and John E Welsh III. View Institutional Ownership Trends for General Cable.

Who sold General Cable stock? Who is selling General Cable stock?

General Cable's stock was sold by a variety of institutional investors in the last quarter, including Metropolitan Life Insurance Co. NY, PNC Financial Services Group Inc., Dimensional Fund Advisors LP, Systematic Financial Management LP, TIAA CREF Investment Management LLC, Teachers Advisors LLC, Spark Investment Management LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for General Cable.

Who bought General Cable stock? Who is buying General Cable stock?

General Cable's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., OppenheimerFunds Inc., Gotham Asset Management LLC, Schwab Charles Investment Management Inc., Victory Capital Management Inc., Royce & Associates LP and Edmond DE Rothschild Holding S.A.. Company insiders that have bought General Cable stock in the last two years include Gregory E Lawton and John E Welsh III. View Insider Buying and Selling for General Cable.

How do I buy General Cable stock?

Shares of General Cable can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of General Cable stock cost?

One share of General Cable stock can currently be purchased for approximately $15.80.

Analyst Ratings

Consensus Ratings for General Cable (NYSE:BGC) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for General Cable (NYSE:BGC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/1/2016CL KingInitiated CoverageNeutralN/AView Rating Details
11/7/2016DA DavidsonReiterated RatingHoldN/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for General Cable (NYSE:BGC)
Earnings by Quarter for General Cable (NYSE:BGC)
Earnings History by Quarter for General Cable (NYSE:BGC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
5/3/2017Q1 2017$0.16$0.27$895.58 million$918.20 millionViewListenView Earnings Details
2/8/2017Q416$0.18$0.05$878.28 million$910.00 millionViewListenView Earnings Details
11/2/2016Q316$0.26$0.07$925.00 million$924.50 millionViewListenView Earnings Details
8/3/2016Q216$0.31$0.30$991.77 million$990.00 millionViewListenView Earnings Details
4/27/2016Q116$0.02$0.19$851.33 million$974.00 millionViewListenView Earnings Details
2/10/2016Q415$0.14$0.05$921.97 million$913.30 millionViewListenView Earnings Details
11/4/2015Q315$0.12$0.26$982.97 million$1.03 billionViewListenView Earnings Details
8/5/2015Q215$0.26$0.36$1.14 billion$1.11 billionViewListenView Earnings Details
5/6/2015Q115($0.12)$0.35$1.17 billion$1.26 billionViewListenView Earnings Details
2/4/2015Q414$0.16$0.15$1.46 billion$1.55 billionViewListenView Earnings Details
10/29/2014Q314$0.39$0.30$1.52 billion$1.47 billionViewListenView Earnings Details
7/30/2014Q2$0.28$0.29$1.59 billion$1.53 billionViewListenView Earnings Details
4/30/2014Q1($0.08)($0.05)$1.52 million$1.43 millionViewListenView Earnings Details
2/13/2014Q4$0.31$0.36$1.55 billion$1.66 billionViewListenView Earnings Details
11/5/2013Q313$0.55$0.45$1.64 billion$1.56 billionViewListenView Earnings Details
7/31/2013Q2 2013$0.55$0.69$1.70 billion$1.65 billionViewListenView Earnings Details
4/30/2013Q1 2013$0.25$0.23$1.58 billion$1.53 billionViewListenView Earnings Details
2/25/2013Q4 2012$0.28$0.28$1.61 billion$1.60 billionViewListenView Earnings Details
10/29/2012Q312$0.65$0.60$1.49 billion$1.50 billionViewN/AView Earnings Details
7/30/2012$0.73$0.74ViewN/AView Earnings Details
4/30/2012$0.33$0.48ViewN/AView Earnings Details
10/31/2011$0.71$0.69ViewN/AView Earnings Details
8/1/2011$0.83$0.77ViewN/AView Earnings Details
5/2/2011$0.52$0.79ViewN/AView Earnings Details
2/8/2011$0.47$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for General Cable (NYSE:BGC)
2017 EPS Consensus Estimate: $1.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.03$0.03$0.03
Q2 20171$0.44$0.44$0.44
Q3 20171$0.37$0.37$0.37
Q4 20171$0.27$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for General Cable (NYSE:BGC)
Next Dividend:6/30/2017
Annual Dividend:$0.72
Dividend Yield:4.56%
Dividend Growth:10.10% (3 Year Average)
Payout Ratio:-37.50% (Trailing 12 Months of Earnings)
66.67% (Based on This Year's Estimates)
44.44% (Based on Next Year's Estimates)
Dividend Payments by Quarter for General Cable (NYSE:BGC)

Dividend History by Quarter for General Cable (NYSE:BGC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017quarterly$0.184.65%6/7/20176/9/20176/30/2017
1/31/2017quarterly$0.183.75%3/8/20173/10/20173/31/2017
10/20/2016quarterly$0.185%12/7/201612/9/201612/30/2016
8/2/2016quarterly$0.185.12%9/7/20169/9/20169/30/2016
5/19/2016quarterly$0.185.29%6/1/20166/3/20166/24/2016
2/9/2016quarterly$0.187.46%3/2/20163/4/20163/25/2016
10/22/2015quarterly$0.184.63%11/5/201511/9/201511/27/2015
7/28/2015quarterly$0.184.49%8/13/20158/17/20159/4/2015
5/14/2015quarterly$0.183.94%6/4/20156/8/20156/26/2015
12/9/2014quarterly$0.185.34%12/24/201412/29/20141/9/2015
10/28/2014quarterly$0.185.11%11/6/201411/10/201411/28/2014
7/28/2014quarterly$0.182.95%8/14/20148/18/20149/5/2014
5/15/2014quarterly$0.182.99%6/5/20146/9/20146/27/2014
12/10/2013quarterly$0.182.57%12/26/201312/30/20131/7/2014
10/23/2013quarterly$0.182.19%11/7/201311/12/201311/29/2013
7/30/2013quarterly$0.182.28%8/15/20138/19/20139/6/2013
5/20/2013quarterly$0.182.05%6/6/20136/10/20136/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for General Cable (NYSE:BGC)
Insider Ownership Percentage: 2.70%
Institutional Ownership Percentage: 99.89%
Insider Trades by Quarter for General Cable (NYSE:BGC)
Institutional Ownership by Quarter for General Cable (NYSE:BGC)
Insider Trades by Quarter for General Cable (NYSE:BGC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/17/2016Gregory E LawtonDirectorBuy900$14.00$12,600.00View SEC Filing  
5/27/2016John E Welsh IIIDirectorBuy100$13.86$1,386.00View SEC Filing  
2/26/2016John E Welsh IIIDirectorBuy10,000$8.40$84,000.00View SEC Filing  
2/17/2016John E. Welsh IIIDirectorBuy10,000$7.48$74,800.00View SEC Filing  
2/16/2016John E. Welsh IIIDirectorBuy5,000$7.35$36,750.00View SEC Filing  
8/5/2014Gregory J LampertEVPBuy1,745$21.21$37,011.45View SEC Filing  
2/21/2014Emmanuel SabonnadiereEVPSell24,790$31.21$773,695.90View SEC Filing  
2/21/2014Robert SiverdVPSell35,197$31.23$1,099,202.31View SEC Filing  
2/21/2014Robert SmialekDirectorSell9,500$31.19$296,305.00View SEC Filing  
3/12/2013Brian J RobinsonCFOSell13,015$34.66$451,099.90View SEC Filing  
3/11/2013Robert J SiverdEVPSell10,604$34.64$367,322.56View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for General Cable (NYSE:BGC)
Latest Headlines for General Cable (NYSE:BGC)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to General Cable Corp. : May 23, 2017
finance.yahoo.com - May 23 at 3:59 PM
finance.yahoo.com logoGeneral Cable Declares Dividend
finance.yahoo.com - May 19 at 9:12 AM
americanbankingnews.com logoGeneral Cable Co. (BGC) to Issue Quarterly Dividend of $0.18
www.americanbankingnews.com - May 18 at 8:10 PM
finance.yahoo.com logoETFs with exposure to General Cable Corp. : May 11, 2017
finance.yahoo.com - May 11 at 4:26 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bearish Manner : BGC-US : May 9, 2017
finance.yahoo.com - May 9 at 3:55 PM
finance.yahoo.com logoGeneral Cable Corp. :BGC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 3:55 PM
finance.yahoo.com logoEdited Transcript of BGC earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 8 at 3:47 PM
americanbankingnews.com logoGeneral Cable (BGC) Earning Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - May 4 at 4:26 PM
americanbankingnews.com logoGeneral Cable Co. (BGC) Issues Earnings Results
www.americanbankingnews.com - May 4 at 1:35 AM
americanbankingnews.com logoGeneral Cable Co. (BGC) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 4 at 1:31 AM
americanbankingnews.com logoGeneral Cable Co. (BGC) Issues Q2 Earnings Guidance
www.americanbankingnews.com - May 4 at 1:07 AM
finance.yahoo.com logoGeneral Cable Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 8:59 PM
americanbankingnews.com logoGeneral Cable Co. (BGC) Updates Q2 Earnings Guidance
www.americanbankingnews.com - May 3 at 7:38 PM
marketbeat.com logoGeneral Cable posts 1Q profit
marketbeat.com - May 3 at 5:03 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact General Cable (BGC) Share Price
www.americanbankingnews.com - April 24 at 6:06 PM
americanbankingnews.com logoGeneral Cable (BGC) Receives News Impact Score of 0.03
www.americanbankingnews.com - April 21 at 12:06 PM
finance.yahoo.com logoGeneral Cable Corporation to Webcast Discussion of its First Quarter 2017 Results
finance.yahoo.com - April 19 at 9:12 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Affect General Cable (BGC) Stock Price
www.americanbankingnews.com - April 18 at 1:04 PM
finance.yahoo.com logoGeneral Cable Corp. – Value Analysis (NYSE:BGC) : April 17, 2017
finance.yahoo.com - April 17 at 3:47 PM
americanbankingnews.com logoGeneral Cable (BGC) Given News Sentiment Score of 0.44
www.americanbankingnews.com - April 15 at 10:07 AM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bearish Manner : BGC-US : April 13, 2017
finance.yahoo.com - April 13 at 4:03 PM
finance.yahoo.com logoLawsuit for Investors in NYSE:BGC Shares Against General Cable Announced by Shareholders Foundation
finance.yahoo.com - March 21 at 4:13 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating General Cable Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - March 17 at 4:31 PM
bizjournals.com logoGreater Cincinnati public company debuts high-tech expansion in NKY
www.bizjournals.com - March 10 at 4:42 PM
businesswire.com logoATTENTION GENERAL CABLE CORPORATION 401(K) PLAN ... - Business Wire (press release)
www.businesswire.com - March 9 at 2:38 AM
nasdaq.com logoGeneral Cable Corporation (BGC) Ex-Dividend Date Scheduled for March 08, 2017 - Nasdaq
www.nasdaq.com - March 9 at 2:38 AM
finance.yahoo.com logoATTENTION GENERAL CABLE CORPORATION 401(K) PLAN HOLDERS: Levi & Korsinsky, LLP is Investigating Losses Suffered by Participants in the General Cable Corporation Defined Contribution Plan
finance.yahoo.com - March 8 at 4:35 PM
finance.yahoo.com logoFINAL DEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against General Cable Corporation (BGC) and Lead Plaintiff Deadline - March 6, 2017
finance.yahoo.com - March 6 at 10:53 AM
globenewswire.com logoStull, Stull & Brody Announces Investigation Relating to 401(k) Plans of General Cable Corporation (NYSE:BGC) - GlobeNewswire (press release)
globenewswire.com - March 4 at 2:11 AM
finance.yahoo.com logoStull, Stull & Brody Announces Investigation Relating to 401(k) Plans of General Cable Corporation (NYSE:BGC)
finance.yahoo.com - March 3 at 9:09 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in General Cable Corporation of Class Action Lawsuit and Upcoming Deadline - BGC
finance.yahoo.com - March 3 at 9:09 PM
finance.yahoo.com logoGENERAL CABLE CORP /DE/ Financials
finance.yahoo.com - March 3 at 4:07 PM
feeds.benzinga.com logoUPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of General Cable Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 6, 2017 – BGC
feeds.benzinga.com - March 3 at 12:51 PM
prnewswire.com logoGENERAL CABLE ALERT: Rosen Law Firm Reminds Investors of March 6 Deadline in Class Action - BGC - PR Newswire (press release)
www.prnewswire.com - March 3 at 1:21 AM
finance.yahoo.com logoGENERAL CABLE ALERT: Rosen Law Firm Reminds Investors of March 6 Deadline in Class Action - BGC
finance.yahoo.com - March 2 at 8:20 PM
globenewswire.com logoDEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against General Cable ... - GlobeNewswire (press release)
globenewswire.com - March 2 at 3:18 PM
finance.yahoo.com logoFinal Deadline Reminder for General Cable Corp. Shareholders - BGC
finance.yahoo.com - March 2 at 3:18 PM
us.rd.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of General Cable Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 6, 2017
us.rd.yahoo.com - March 1 at 3:53 PM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against General Cable Corporation (BGC) and Lead Plaintiff Deadline - March 6, 2017
finance.yahoo.com - March 1 at 3:53 PM
businesswire.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of General Cable Corporation of a Class Action ... - Business Wire (press release)
www.businesswire.com - March 1 at 8:29 AM
finance.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against General Cable ... - Yahoo Finance
finance.yahoo.com - March 1 at 8:29 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in General Cable Corporation to Contact the Firm Before Imminent Lead Plaintiff Deadline
finance.yahoo.com - March 1 at 8:28 AM
us.rd.yahoo.com logoImportant Deadline Reminder for General Cable Corp. Shareholders
us.rd.yahoo.com - February 28 at 4:13 PM
us.rd.yahoo.com logoDEADLINE ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against General Cable Corporation (BGC) and Lead Plaintiff Deadline: March 6, 2017
us.rd.yahoo.com - February 28 at 4:13 PM
businesswire.com logoDEADLINE ALERT: Brower Piven Reminds Investors Of The March 6, 2017 Deadline In Class Action Lawsuit And ... - Business Wire (press release)
www.businesswire.com - February 27 at 3:19 PM
finance.yahoo.com logoIMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit against General ... - Yahoo Finance
finance.yahoo.com - February 27 at 3:19 PM
finance.yahoo.com logoImportant Deadline Reminder for General Cable Corp. Shareholders - Yahoo Finance
finance.yahoo.com - February 27 at 3:19 PM
finance.yahoo.com logoDEADLINE ALERT: Brower Piven Reminds Investors Of The March 6, 2017 Deadline In Class Action Lawsuit And Encourages Investors With Losses In Excess of $100,000 From Investment In General Cable Corporation To Contact The Firm
finance.yahoo.com - February 27 at 3:19 PM
finance.yahoo.com logoIMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against General Cable Corporation and Encourages Investors with Losses to Contact the Firm
finance.yahoo.com - February 25 at 1:54 AM
globenewswire.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in General ... - GlobeNewswire (press release)
globenewswire.com - February 24 at 8:52 PM

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General Cable (BGC) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff