BGC Group, Inc. (BGC)
Market Cap | 4.43B |
Revenue (ttm) | 2.17B |
Net Income (ttm) | 121.22M |
Shares Out | 482.88M |
EPS (ttm) | 0.25 |
PE Ratio | 36.27 |
Forward PE | 7.95 |
Dividend | $0.08 (0.87%) |
Ex-Dividend Date | Mar 6, 2025 |
Volume | 1,761,401 |
Open | 9.55 |
Previous Close | 9.50 |
Day's Range | 9.11 - 9.55 |
52-Week Range | 7.43 - 11.79 |
Beta | 1.42 |
Analysts | Strong Buy |
Price Target | 14.00 (+52.51%) |
Earnings Date | Apr 29, 2025 |
About BGC
BGC Group, Inc. operates as a financial brokerage and technology company in the United States, Europe, the Middle East, Africa, and the Asia Pacific. 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; and brokerage services for foreign exchange, energy, commodities, shipping, equities, and futures and options. It also provides price discovery, trade execution, connectivity solutions, infor... [Read more]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for BGC stock is "Strong Buy." The 12-month stock price forecast is $14.0, which is an increase of 52.51% from the latest price.
News

BGC Group Updates its Outlook for the First Quarter of 2025
NEW YORK , March 26, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending March 31, 2025. Updated Outlook BGC reaffirmed its previ...

Bank of America reveals ‘most overlooked' Trump stock with 65% upside
Bank of America analyst Eli Abboud says BGC Group Inc (NASDAQ: BGC) is the “most overlooked Trump trade in diversified financials.” Shares of the financial services company have already rallied some 1...

BGC Group: Fenics Growth Set To Drive Further Upside
Q4 revenue was up 10.8% year over year, with adjusted earnings up 19%. Looking ahead, margins are expected to rise due to its faster growing, higher margin Fenics electronic trading platform. FMX is s...

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, ...

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...

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...

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 ...

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 ...

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...

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...

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...

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....

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...

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...

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...