About General Cable Corporation (NYSE:BGC)
General 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
- Market Cap: $1.11 billion
- Outstanding Shares: 49,754,000
- 50 Day Moving Avg: $19.70
- 200 Day Moving Avg: $17.82
- 52 Week Range: $11.70 - $23.05
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 22.35
- P/E Growth: 2.97
- Annual Revenue: $3.7 billion
- Price / Sales: 0.30
- Book Value: $2.42 per share
- Price / Book: 9.24
- Annual Dividend: $0.72
- Dividend Yield: 3.2%
- EBITDA: $209.9 million
- Net Margins: -4.80%
- Return on Equity: 13.47%
- Return on Assets: 1.10%
- Debt-to-Equity Ratio: 8.41%
- Current Ratio: 2.01%
- Quick Ratio: 1.06%
- 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?
Who are some of General Cable Corporation's key competitors?
Some companies that are related to General Cable Corporation include Orbotech Ltd (ORBK), Hollysys Automation Technologies (HOLI), Atkore International Group (ATKR), AZZ (AZZ), Chase (CCF), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), XP Power (XPP), NL Industries (NL), FARO Technologies (FARO), Kimball Electronics (KE), Oxford Instruments plc (OXIG), Judges Scientific PLC (JDG), American Superconductor Corporation (AMSC), Volex PLC (VLX), Dewhurst plc (DWHT), Polar Power (POLA) and Stadium Group plc (SDM).
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?
MarketBeat Community Rating for General Cable Corporation (NYSE BGC)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.
One share of General Cable Corporation stock can currently be purchased for approximately $22.35.
Consensus Ratings for General Cable Corporation (NYSE:BGC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for General Cable Corporation (NYSE:BGC)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/1/2016||CL King||Initiated Coverage||Neutral||N/A|
|11/7/2016||DA Davidson||Reiterated Rating||Hold||N/A|
Earnings History for General Cable Corporation (NYSE:BGC)Earnings History by Quarter for General Cable Corporation (NYSE BGC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.23||$0.11||$943.10 million||View||N/A|
|5/3/2017||Q1 2017||$0.16||$0.27||$895.58 million||$918.20 million||View||Listen|
|2/8/2017||Q416||$0.18||$0.05||$878.28 million||$910.00 million||View||Listen|
|11/2/2016||Q316||$0.26||$0.07||$925.00 million||$924.50 million||View||Listen|
|8/3/2016||Q216||$0.31||$0.30||$991.77 million||$990.00 million||View||Listen|
|4/27/2016||Q116||$0.02||$0.19||$851.33 million||$974.00 million||View||Listen|
|2/10/2016||Q415||$0.14||$0.05||$921.97 million||$913.30 million||View||Listen|
|11/4/2015||Q315||$0.12||$0.26||$982.97 million||$1.03 billion||View||Listen|
|8/5/2015||Q215||$0.26||$0.36||$1.14 billion||$1.11 billion||View||Listen|
|5/6/2015||Q115||($0.12)||$0.35||$1.17 billion||$1.26 billion||View||Listen|
|2/4/2015||Q414||$0.16||$0.15||$1.46 billion||$1.55 billion||View||Listen|
|10/29/2014||Q314||$0.39||$0.30||$1.52 billion||$1.47 billion||View||Listen|
|7/30/2014||Q2||$0.28||$0.29||$1.59 billion||$1.53 billion||View||Listen|
|4/30/2014||Q1||($0.08)||($0.05)||$1.52 million||$1.43 million||View||Listen|
|2/13/2014||Q4||$0.31||$0.36||$1.55 billion||$1.66 billion||View||Listen|
|11/5/2013||Q313||$0.55||$0.45||$1.64 billion||$1.56 billion||View||Listen|
|7/31/2013||Q2 2013||$0.55||$0.69||$1.70 billion||$1.65 billion||View||Listen|
|4/30/2013||Q1 2013||$0.25||$0.23||$1.58 billion||$1.53 billion||View||Listen|
|2/25/2013||Q4 2012||$0.28||$0.28||$1.61 billion||$1.60 billion||View||Listen|
|10/29/2012||Q312||$0.65||$0.60||$1.49 billion||$1.50 billion||View||N/A|
Earnings Estimates for General Cable Corporation (NYSE:BGC)
2017 EPS Consensus Estimate: $1.11
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for General Cable Corporation (NYSE:BGC)
|Most Recent Dividend:||9/29/2017|
|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 History by Quarter for General Cable Corporation (NYSE BGC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for General Cable Corporation (NYSE:BGC)
Insider Ownership Percentage: 1.80%Insider Trades by Quarter for General Cable Corporation (NYSE:BGC)
Institutional Ownership Percentage: 98.14%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/17/2016||Gregory E Lawton||Director||Buy||900||$14.00||$12,600.00|| |
|5/27/2016||John E Welsh III||Director||Buy||100||$13.86||$1,386.00|| |
|2/26/2016||John E Welsh III||Director||Buy||10,000||$8.40||$84,000.00|| |
|2/17/2016||John E. Welsh III||Director||Buy||10,000||$7.48||$74,800.00|| |
|2/16/2016||John E. Welsh III||Director||Buy||5,000||$7.35||$36,750.00|| |
|8/5/2014||Gregory J Lampert||EVP||Buy||1,745||$21.21||$37,011.45|| |
|2/21/2014||Emmanuel Sabonnadiere||EVP||Sell||24,790||$31.21||$773,695.90|| |
|2/21/2014||Robert Siverd||VP||Sell||35,197||$31.23||$1,099,202.31|| |
|2/21/2014||Robert Smialek||Director||Sell||9,500||$31.19||$296,305.00|| |
|3/12/2013||Brian J Robinson||CFO||Sell||13,015||$34.66||$451,099.90|| |
|3/11/2013||Robert J Siverd||EVP||Sell||10,604||$34.64||$367,322.56|| |
Headline Trends for General Cable Corporation (NYSE:BGC)
Latest Headlines for General Cable Corporation (NYSE:BGC)
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General Cable Corporation (BGC) Chart for Monday, October, 23, 2017