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: $940.35 million
  • Outstanding Shares: 49,754,000
Average Prices:
  • 50 Day Moving Avg: $17.81
  • 200 Day Moving Avg: $17.25
  • 52 Week Range: $11.70 - $20.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.90
  • P/E Growth: 2.51
Sales & Book Value:
  • Annual Revenue: $3.7 billion
  • Price / Sales: 0.25
  • Book Value: $2.42 per share
  • Price / Book: 7.81
Dividend:
  • Annual Dividend: $0.72
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $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: 662,034 shs.
  • Beta: 2.84
  • 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 annualized dividend and a dividend yield of 3.81%. 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) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.12. The company had revenue of $943.10 million for the quarter. General Cable Corporation had a negative net margin of 4.80% and a positive return on equity of 13.47%. 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

Who owns General Cable Corporation stock?

General Cable Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (18.36%), BlackRock Inc. (11.92%), Victory Capital Management Inc. (6.79%), American Financial Group Inc. (3.86%), Dimensional Fund Advisors LP (3.68%) and Royce & Associates LP (3.52%). Company insiders that own General Cable Corporation stock include Gregory E Lawton and John E Welsh III. View Institutional Ownership Trends for General Cable Corporation.

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

General Cable Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Systematic Financial Management LP, Edmond DE Rothschild Holding S.A., Gotham Asset Management LLC, New York State Common Retirement Fund, Algert Global LLC, Schwab Charles Investment Management Inc. and Menta Capital LLC. View Insider Buying and Selling for General Cable Corporation.

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

General Cable Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Pictet Asset Management Ltd., Deprince Race & Zollo Inc., Victory Capital Management Inc., Citigroup Inc., GSA Capital Partners LLP, First Trust Advisors LP and Prudential Financial Inc.. Company insiders that have bought General Cable Corporation stock in the last two years include Gregory E Lawton and John E Welsh III. View Insider Buying and Selling for General Cable Corporation.

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 $18.90.


MarketBeat Community Rating for General Cable Corporation (NYSE BGC)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  251
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

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 9/24/2015 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)
Next Dividend:9/29/2017
Annual Dividend:$0.72
Dividend Yield:3.81%
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)
Latest Headlines for General Cable Corporation (NYSE:BGC)
Source:
DateHeadline
americanbankingnews.com logoCritical Analysis: Kyocera Corporation (KYO) and General Cable Corporation (BGC)
www.americanbankingnews.com - September 22 at 4:34 AM
finance.yahoo.com logoStocks Showing Rising Market Leadership: General Cable Earns 82 RS Rating
finance.yahoo.com - September 19 at 4:29 PM
finance.yahoo.com logoETFs with exposure to General Cable Corp. : September 13, 2017
finance.yahoo.com - September 13 at 5:42 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bullish Manner : BGC-US : September 11, 2017
finance.yahoo.com - September 11 at 5:10 PM
finance.yahoo.com logoGeneral Cable Corp. :BGC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 5:10 PM
americanbankingnews.com logoItron (ITRI) & General Cable Corporation (BGC) Financial Analysis
www.americanbankingnews.com - September 7 at 8:30 PM
americanbankingnews.com logoCritical Survey: General Cable Corporation (BGC) versus Smith (A.O.) Corporation (AOS)
www.americanbankingnews.com - September 5 at 8:46 PM
americanbankingnews.com logoGeneral Cable Corporation (BGC) Lowered to "Sell" at BidaskClub
www.americanbankingnews.com - August 28 at 10:32 PM
finance.yahoo.com logoGeneral Cable Corp. – Value Analysis (NYSE:BGC) : August 29, 2017
finance.yahoo.com - August 28 at 9:34 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bearish Manner : BGC-US : August 18, 2017
finance.yahoo.com - August 18 at 4:33 PM
americanbankingnews.com logoCritical Review: General Cable Corporation (BGC) & Anixter International (AXE)
www.americanbankingnews.com - August 17 at 10:30 AM
americanbankingnews.com logoFinancial Contrast: General Cable Corporation (BGC) versus GrafTech International (GTI)
www.americanbankingnews.com - August 15 at 6:08 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about General Cable Corp.
finance.yahoo.com - August 9 at 9:46 PM
americanbankingnews.com logoGeneral Cable Corporation (BGC) to Issue $0.18 Quarterly Dividend
www.americanbankingnews.com - August 8 at 5:46 PM
americanbankingnews.com logoGeneral Cable Corporation (NYSE:BGC) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - August 6 at 1:20 PM
americanbankingnews.com logoGeneral Cable Corporation (NYSE:BGC) Releases Quarterly Earnings Results, Misses Expectations By $0.12 EPS
www.americanbankingnews.com - August 3 at 3:22 PM
rttnews.com logoGeneral Cable Corp. Profit Falls 34% In Q2
www.rttnews.com - August 2 at 10:16 PM
finance.yahoo.com logoGeneral Cable reports 2Q loss
finance.yahoo.com - August 2 at 10:16 PM
finance.yahoo.com logoGeneral Cable Reports Second Quarter 2017 Results
finance.yahoo.com - August 2 at 5:15 PM
finance.yahoo.com logoPrysmian says General Cable possible sale to foster sector M&A
finance.yahoo.com - July 27 at 5:00 PM
americanbankingnews.com logoHead-To-Head Analysis: Regal Beloit Corporation (RBC) & General Cable Corporation (NYSE:BGC)
www.americanbankingnews.com - July 27 at 4:25 PM
americanbankingnews.com logoGeneral Cable Corporation (BGC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 27 at 10:01 AM
finance.yahoo.com logoStocks With Rising Relative Strength: General Cable
finance.yahoo.com - July 24 at 12:26 PM
finance.yahoo.com logoGeneral Cable Shows Improved Relative Strength; Still Shy Of Benchmark
finance.yahoo.com - July 20 at 6:02 PM
finance.yahoo.com logoFeatured Company News - General Cable Corp. Announces Review of Strategic Alternatives
finance.yahoo.com - July 19 at 5:44 PM
rttnews.com logoGeneral Cable Corp. (BGC) Climbed To Over A 2-Month High On Strategic Review
www.rttnews.com - July 19 at 4:03 AM
streetinsider.com logoGeneral Cable (BGC) to Review Strategic Alternatives, Including Possible Sale
www.streetinsider.com - July 17 at 9:49 PM
fool.com logoWhy General Cable Corporation's Shares Popped 12% Today
www.fool.com - July 17 at 4:55 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bullish Manner : BGC-US : July 17, 2017
finance.yahoo.com - July 17 at 4:47 PM
finance.yahoo.com logoGeneral Cable Mulls Possible Sale in Strategic Review
finance.yahoo.com - July 17 at 4:47 PM
finance.yahoo.com logoWhy General Cable Corporation's Shares Popped 12% Today
finance.yahoo.com - July 17 at 4:47 PM
seekingalpha.com logoGeneral Cable initiates review of strategic alternatives
seekingalpha.com - July 17 at 7:55 AM
finance.yahoo.com logoGeneral Cable Announces Review of Strategic Alternatives to Maximize Shareholder Value
finance.yahoo.com - July 16 at 4:07 PM
finance.yahoo.com logoTop 3 Wind Stocks as of July 2017
finance.yahoo.com - July 12 at 5:04 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bullish Manner : BGC-US : July 4, 2017
finance.yahoo.com - July 4 at 8:28 PM
nasdaq.com logoBGC Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - July 3 at 4:32 PM
finance.yahoo.com logoETFs with exposure to General Cable Corp. : June 20, 2017
finance.yahoo.com - June 20 at 4:36 PM
finance.yahoo.com logoGeneral Cable Corp. – Value Analysis (NYSE:BGC) : June 19, 2017
finance.yahoo.com - June 19 at 9:03 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bearish Manner : BGC-US : June 16, 2017
finance.yahoo.com - June 16 at 4:37 PM
seekingalpha.com logoGeneral Cable: Q1 2017 Results Finally The Sign Of A Turn?
seekingalpha.com - June 8 at 4:43 PM
finance.yahoo.com logoGeneral Cable Corp. breached its 50 day moving average in a Bullish Manner : BGC-US : June 5, 2017
finance.yahoo.com - June 5 at 12:49 PM
finance.yahoo.com logoGeneral Cable Announces Senior Secured Credit Facility Maturity Extended to 2022
finance.yahoo.com - May 25 at 4:54 PM
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

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Chart

General Cable Corporation (BGC) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff