General Cable Corporation Company Profile (NYSE:BGC)

About General Cable Corporation (NYSE:BGC)

General Cable Corporation 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: Electrical Components & Equipment
  • Sub-Industry: Electrical Components & Equipment
  • Symbol: NYSE:BGC
  • CUSIP: 36930010
  • Web: www.generalcable.com
Capitalization:
  • Market Cap: $1.11 billion
  • Outstanding Shares: 49,754,000
Average Prices:
  • 50 Day Moving Avg: $19.70
  • 200 Day Moving Avg: $17.82
  • 52 Week Range: $11.70 - $23.05
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.35
  • P/E Growth: 2.97
Sales & Book Value:
  • Annual Revenue: $3.7 billion
  • Price / Sales: 0.30
  • Book Value: $2.42 per share
  • Price / Book: 9.24
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 3.2%
Profitability:
  • EBITDA: $209.9 million
  • Net Margins: -4.80%
  • Return on Equity: 13.47%
  • Return on Assets: 1.10%
Debt:
  • Debt-to-Equity Ratio: 8.41%
  • Current Ratio: 2.01%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 902,225 shs.
  • Beta: 2.85
  • Short Ratio: 8.09
 

Frequently Asked Questions for General Cable Corporation (NYSE:BGC)

What is General Cable Corporation's stock symbol?

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

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

General Cable Corporation declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, September 8th will be paid a dividend of $0.18 per share on Friday, September 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Thursday, September 7th. View General Cable Corporation's Dividend History.

How were General Cable Corporation's earnings last quarter?

General Cable Corporation (NYSE:BGC) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by $0.12. The business earned $943.10 million during the quarter. General Cable Corporation had a positive return on equity of 13.47% and a negative net margin of 4.80%. View General Cable Corporation's Earnings History.

When will General Cable Corporation make its next earnings announcement?

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

Who are some of General Cable Corporation's key competitors?

Who are General Cable Corporation's key executives?

General Cable Corporation's management team includes the folowing people:

  • Michael T. McDonnell, President, Chief Executive Officer, Director
  • Matti Masanovich, Chief Financial Officer, Senior Vice President
  • Juan E. Picon, Senior Vice President, President and Chief Executive Officer - General Cable North America
  • Leah S. Stark, Chief Human Resource Officer, Senior Vice President
  • Roberto A. Sacasa, Senior Vice President, Chief Compliance Officer
  • Emerson C. Moser, Senior Vice President, General Counsel, Corporate Secretary
  • Juan B. Mogollon, Senior Vice President - General Cable Latin America
  • John Edward Welsh III, Non-Executive Independent Chairman of the Board
  • Sallie B. Bailey, Independent Director
  • Edward Childs Hall III, Independent Director

How do I buy General Cable Corporation stock?

Shares of General Cable Corporation 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 General Cable Corporation's stock price today?

One share of General Cable Corporation stock can currently be purchased for approximately $22.35.


MarketBeat Community Rating for General Cable Corporation (NYSE BGC)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  267
MarketBeat's community ratings are surveys of what our community members think about General Cable Corporation 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 General Cable Corporation (NYSE:BGC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A
Consensus Price Target History for General Cable Corporation (NYSE:BGC)
Price Target History for General Cable Corporation (NYSE:BGC)
Analysts' Ratings History for General Cable Corporation (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 10/23/2015 forward)

Earnings

Earnings History for General Cable Corporation (NYSE:BGC)
Earnings by Quarter for General Cable Corporation (NYSE:BGC)
Earnings History by Quarter for General Cable Corporation (NYSE BGC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017N/AView Earnings Details
8/2/2017Q2 2017$0.23$0.11$943.10 millionViewN/AView Earnings Details
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 Corporation (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 Corporation (NYSE:BGC)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.72
Dividend Yield:3.22%
Dividend Growth:10.10% (3 Year Average)
Payout Ratio:-20.17% (Trailing 12 Months of Earnings)
96.00% (Based on This Year's Estimates)
72.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for General Cable Corporation (NYSE:BGC)

Dividend History by Quarter for General Cable Corporation (NYSE BGC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2017quarterly$0.183.91%9/7/20179/8/20179/29/2017
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 Corporation (NYSE:BGC)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 98.14%
Insider Trades by Quarter for General Cable Corporation (NYSE:BGC)
Institutional Ownership by Quarter for General Cable Corporation (NYSE:BGC)
Insider Trades by Quarter for General Cable Corporation (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 Corporation (NYSE:BGC)
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Chart

General Cable Corporation (BGC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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