BGC Group, Inc. (BGC)

NASDAQ: BGC · Real-Time Price · USD
9.23
-0.09 (-0.97%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.97%
Market Cap 4.47B
Revenue (ttm) 2.17B
Net Income (ttm) 121.22M
Shares Out 483.75M
EPS (ttm) 0.25
PE Ratio 36.47
Forward PE 8.55
Dividend $0.08 (0.87%)
Ex-Dividend Date Mar 6, 2025
Volume 2,443,172
Open 9.42
Previous Close 9.32
Day's Range 9.21 - 9.47
52-Week Range 6.78 - 11.79
Beta 1.47
Analysts Buy
Price Target 12.00 (+30.01%)
Earnings Date Feb 14, 2025

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]

Industry Capital Markets
Sector Financials
IPO Date Dec 10, 1999
Employees 3,895
Stock Exchange NASDAQ
Ticker Symbol BGC
Full Company Profile

Financial Performance

In 2024, BGC Group's revenue was $2.17 billion, an increase of 11.48% compared to the previous year's $1.95 billion. Earnings were $121.22 million, an increase of 255.78%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BGC stock is "Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(30.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Stephen Merkel named Chairman of BGC Group's Board of Directors

Brandon Lutnick will also join the Board  NEW YORK , Feb. 18, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or "the Company"), a leading global brokerage and financial technology company, ...

3 days ago - PRNewsWire

BGC Group announces John Abularrage, JP Aubin, and Sean Windeatt appointed Co-Chief Executive Officers

Mr. Windeatt will retain his role as Chief Operating Officer Appointments position BGC to build upon its extraordinary performance NEW YORK , Feb. 18, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC...

3 days ago - PRNewsWire

Howard Lutnick Confirmed as 41st United States Secretary of Commerce; Steps Down as BGC Group Chairman of the Board and Chief Executive Officer

NEW YORK , Feb. 18, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company"), a leading global brokerage and financial technology company, today announced Howard W. Lutnick, Chairma...

3 days ago - PRNewsWire

BGC Group, Inc. (BGC) Q4 2024 Earnings Call Transcript

BGC Group, Inc. (NASDAQ:BGC) Q4 2024 Earnings Conference Call February 14, 2025 11:00 AM ET Company Participants Jason Chryssicas - Head of Investor Relations Sean Windeatt - Chief Operating Officer ...

7 days ago - Seeking Alpha

BGC Reports Fourth Quarter and Full Year 2024 Financial Results

BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 11:00 AM ET Today NEW YORK , Feb. 14, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its ...

8 days ago - PRNewsWire

BGC Group to Report Fourth Quarter 2024 Financial Results on February 14, 2025

Conference call to be hosted at 11:00 a.m. ET NEW YORK , Jan. 22, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its fourth quarter 2024 financial results on Friday, February 14, 202...

4 weeks ago - PRNewsWire

BGC Group Updates its Outlook for the Fourth Quarter of 2024

NEW YORK , Dec. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2024. Updated Outlook BGC reaffirmed its pre...

7 weeks ago - PRNewsWire

Mike Whitaker joins BGC Group as Global Chief Information Officer and member of Executive Committee

NEW YORK , Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced Mike Whitaker has joined as Global Chief Information Officer and a member of its Executive Committee. In this newl...

2 months ago - PRNewsWire

BGC Group unlocks value for shareholders with the sale of Rates Compression business Capitalab

Sale demonstrates BGC's commitment to unlocking value for shareholders BGC sells Capitalab for $46 million in gross proceeds, representing a revenue multiple of approximately 7.5 times NEW YORK , Dec....

2 months ago - PRNewsWire

Capitolis Acquires BGC Group's Compression & Optimization Business, Capitalab, to Accelerate Rapid Growth

NEW YORK--(BUSINESS WIRE)--Capitolis, the technology company helping to create safer and more vibrant capital markets, has today announced the acquisition of Capitalab, a leader in Rates Portfolio Com...

2 months ago - Business Wire

BGC's Howard W. Lutnick Nominated for U.S. Secretary of Commerce

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC") Chairman and Chief Executive Officer Howard W. Lutnick provided the following statement: "I am deeply honored to have bee...

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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....

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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 -...

7 months ago - Seeking Alpha