BGC Group, Inc. (BGC)
Market Cap | 4.86B |
Revenue (ttm) | 2.12B |
Net Income (ttm) | 115.69M |
Shares Out | 479.72M |
EPS (ttm) | 0.24 |
PE Ratio | 41.87 |
Forward PE | 9.56 |
Dividend | $0.08 (0.79%) |
Ex-Dividend Date | Aug 19, 2024 |
Volume | 3,250,314 |
Open | 10.35 |
Previous Close | 10.36 |
Day's Range | 9.95 - 10.41 |
52-Week Range | 6.09 - 11.79 |
Beta | 1.48 |
Analysts | Buy |
Price Target | 12.00 (+18.46%) |
Earnings Date | Oct 31, 2024 |
About BGC
BGC Group, Inc. operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options. It also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, informati... [Read more]
Financial Performance
In 2023, BGC Group's revenue was $1.95 billion, an increase of 12.13% compared to the previous year's $1.74 billion. Earnings were $34.07 million, a decrease of -30.06%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for BGC stock is "Buy" and the 12-month stock price forecast is $12.0.
News
BGC Group: Entering A Growth Spurt
BGC Group's growth is driven by investments in technology and electronic trading, with the Fenics business leading the way and expected to continue this trend. Recent acquisitions in commodities, ener...
BGC Group, Inc. (BGC) Q3 2024 Earnings Call Transcript
BGC Group, Inc. (NASDAQ:BGC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head, Investor Relations Howard Lutnick - Chairman & Chief Executive...
BGC Reports Third Quarter 2024 Financial Results
BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Oct. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its ...
BGC Group announces agreement to acquire OTC Global Holdings
Acquisition will bolster BGC's Energy, Commodities, and Shipping business NEW YORK , Oct. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology co...
BGC Group expands energy and environmental brokerage services with acquisition of Sage Energy Partners
NEW YORK , Oct. 10, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced it recently acquired Sage Energy Partners, LP ("Sag...
BGC Group to Report Third Quarter 2024 Financial Results on October 31, 2024
Conference call to be hosted at 10:00 a.m. ET NEW YORK , Oct. 7, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its third quarter 2024 financial results on Thursday, October 31, 2024...
BGC Group Updates its Outlook for the Third Quarter of 2024
NEW YORK , Sept. 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending September 30, 2024.
BGC Group Announces Extension of Exchange Offer for its 6.600% Senior Notes Due 2029
NEW YORK , Sept. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced that it had extended its offer (the "exchange offer") to exchange up to $500 million ag...
BGC Group launches FMX Futures Exchange
Exchange launches with SOFR futures NEW YORK , Sept. 24, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and ten of the world's leading investment banks and market-making firms today announced the ...
BGC Group's FMX Futures Exchange to launch on September 23, 2024
NEW YORK , Sept. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and 10 of the world's leading investment banks and market-making firms today announced they will launch the highly anticipated F...
BGC Group to Present at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024
Webcast Available for Investors NEW YORK , Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Barc...
BGC Announces Launch of Exchange Offer for its 6.600% Senior Notes due 2029
NEW YORK , Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced an offer to exchange up to $500 million aggregate principal amount of its outstanding 6....
BGC Group Announces its 2024 Virtual Annual Meeting of Stockholders
To be held on Monday, September 16, 2024, at 10:00 a.m. ET NEW YORK , Aug. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced details on its annual meeting of stockholders, which w...
BGC Group, Inc. (BGC) Q2 2024 Earnings Call Transcript
BGC Group, Inc. (NASDAQ:BGC) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head of IR Howard Lutnick - Chairman of the Board & CEO Sean Windeatt -...
BGC Reports Second Quarter 2024 Financial Results
BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , July 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its ...
BGC Group to Report Second Quarter 2024 Financial Results on July 30, 2024
Conference call to be hosted at 10:00 a.m. ET NEW YORK , July 9, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its second quarter 2024 financial results on Tuesday, July 30, 2024, a...
BGC Group Updates its Outlook for the Second Quarter of 2024
NEW YORK , June 28, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending June 30, 2024. Updated Outlook BGC reaffirmed its previo...
BGC Group to Present at the Morgan Stanley US Financials, Payments & CRE Conference on June 11, 2024
Webcast Available for Investors NEW YORK , May 29, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Morga...
BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2024
Webcast Available for Investors NEW YORK , May 23, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Piper...
BGC Group, Inc. (BGC) Q1 2024 Earnings Call Transcript
BGC Group, Inc. (NASDAQ:BGC) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head of Investor Relations Howard Lutnick - Chairman of the Board & Ch...
BGC Reports First Quarter 2024 Financial Results
BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , April 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its...
BGC Group's FMX Futures gets funding from banking consortium
Brokerage BGC Group said on Thursday its exchange platform FMX Futures was valued at $667 million after securing investment from a consortium including Bank of America and Citigroup.
Ten global investment banks and market making firms join BGC in the creation of FMX to launch premier U.S. Treasury and U.S. Interest Rate Futures trading marketplace
FMX closes transaction with strategic investors at a $667 million post-money equity valuation NEW YORK , April 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that Bank of Ameri...
BGC Group to Report First Quarter 2024 Financial Results on April 30, 2024
Conference call to be hosted at 10:00 a.m. ET NEW YORK , April 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its first quarter 2024 financial results on Tuesday, April 30, 2024, ...
BGC Group Updates its Outlook for the First Quarter of 2024
NEW YORK , March 28, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending March 31, 2024. Updated Outlook BGC reaffirmed its previ...