BGC Group, Inc. (BGC)

NASDAQ: BGC · Real-Time Price · USD
10.13
-0.23 (-2.22%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.22%
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]

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 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 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
(18.46% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

9 days 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...

20 days 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 ...

20 days 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 weeks 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...

5 weeks 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...

6 weeks 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.

7 weeks 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...

2 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 ...

2 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...

2 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...

3 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....

3 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...

3 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 -...

4 months ago - Seeking Alpha

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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.

7 months ago - Reuters

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...

7 months ago - PRNewsWire

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, ...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire