NYSE:BGC

General Cable (BGC) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$7.61
$7.88
50-Day Range
$30.00
$30.00
52-Week Range
$14.95
$30.17
Volume
3.37 million shs
Average Volume
3.08 million shs
Market Capitalization
$3.81 billion
P/E Ratio
110.29
Dividend Yield
0.52%
Price Target
$9.00

General Cable MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.6% Upside
$9.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.79%
From $0.91 to $0.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.70 out of 5 stars

Finance Sector

681st out of 838 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

9th out of 9 stocks

BGC stock logo

About General Cable Stock (NYSE:BGC)

General Cable Corporation develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, specialty, and communications markets. It offers electric utility products, including low- and medium-voltage distribution cables; high- and extra-high voltage power transmission cables; bare overhead conductors; and submarine transmission and distribution cables. The company also provides electrical infrastructure products, such as rubber-and plastic-jacketed wires and cables, low- and medium-voltage industrial power cables, and cable wire harnesses, as well as rail and mass transit, shipboard, oil and gas, armored mining, and alternative energy power generation cables. In addition, it offers communications products comprising high-bandwidth twisted copper and fiber optic, multi conductor and pair fiber and copper networking, telecommunications exchange, coaxial, and low detection profile cables, as well as fiber-optic submarine cable systems, submarine networks, and offshore integration systems. Further, the company provides construction products consisting of construction cables, flexible cords, halogen-free, low-smoke, and flame retardant cables, as well as rod mill products, including copper and aluminum rods. Additionally, it offers design, integration, and installation services for products, such as high and extra-high voltage terrestrial and submarine systems. The company sells its products directly to utilities, independent distributors, retailers, contractors, and original equipment manufacturers in North America, Europe, Latin America, and Africa/the Asia Pacific. General Cable Corporation was founded in 1992 and is headquartered in Highland Heights, Kentucky.

BGC Stock News Headlines

6 Best Guitar Cables of 2024
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
How to choose an Ethernet cable
BGC Group Set to Join S&P SmallCap 600
General Cable Corp GCA
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Best cable internet providers of 2024
7 best cable organizers of 2024
BGC stock jumps on upbeat Q4 outlook
BGC Reports Third Quarter 2023 Financial Results
See More Headlines
Receive BGC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for General Cable and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/14/2024
Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Electrical Components & Equipment
CUSIP
36930010
Employees
3,895
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+16.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$36.26 million
Pretax Margin
2.85%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Cash Flow
$1.10 per share
Book Value
$1.80 per share

Miscellaneous

Free Float
257,146,000
Market Cap
$3.81 billion
Optionable
Optionable
Beta
1.51
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Michael T. McDonnell (Age 60)
    Pres, CEO & Director
  • Mr. Matti M. Masanovich (Age 46)
    Sr. VP & CFO
  • Mr. Emerson C. Moser (Age 41)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Ms. Leah S. Stark (Age 41)
    Sr. VP & Chief HR Officer
  • Mr. Shruti Singhal (Age 48)
    Sr. VP & Pres of Europe

BGC Stock Analysis - Frequently Asked Questions

Should I buy or sell General Cable stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Cable in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BGC shares.
View BGC analyst ratings
or view top-rated stocks.

What is General Cable's stock price target for 2024?

1 Wall Street analysts have issued 1 year price targets for General Cable's shares. Their BGC share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 16.6% from the stock's current price.
View analysts price targets for BGC
or view top-rated stocks among Wall Street analysts.

When is General Cable's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our BGC earnings forecast
.

How can I listen to General Cable's earnings call?

General Cable will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were General Cable's earnings last quarter?

General Cable Corp (NYSE:BGC) released its earnings results on Wednesday, February, 14th. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.01. The industrial products company earned $516.76 million during the quarter, compared to analysts' expectations of $495.40 million. General Cable had a trailing twelve-month return on equity of 48.53% and a net margin of 1.74%.

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

General Cable announced a quarterly dividend on Tuesday, February 13th. Investors of record on Tuesday, March 5th will be given a dividend of $0.01 per share on Tuesday, March 19th. This represents a $0.04 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for BGC
.

Is General Cable a good dividend stock?

General Cable (NYSE:BGC) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.52%. The dividend payout ratio is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BGC will have a dividend payout ratio of 4.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BGC.

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

General Cable updated its first quarter 2024 earnings guidance on Thursday, April, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $560.0 million-$610.0 million, compared to the consensus revenue estimate of $594.2 million.

What other stocks do shareholders of General Cable own?
This page (NYSE:BGC) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners