BGC Group, Inc (BGC)

NASDAQ: BGC · IEX Real-Time Price · USD
6.39
+0.16 (2.57%)
Dec 8, 2023, 4:00 PM EST - Market closed
2.57%
Market Cap 3.22B
Revenue (ttm) 1.95B
Net Income (ttm) 18.54M
Shares Out 503.34M
EPS (ttm) 0.04
PE Ratio 159.75
Forward PE 6.88
Dividend $0.04 (0.63%)
Ex-Dividend Date Nov 16, 2023
Volume 1,926,802
Open 6.26
Previous Close 6.23
Day's Range 6.23 - 6.42
52-Week Range 3.71 - 6.74
Beta 1.88
Analysts Buy
Price Target 8.00 (+25.2%)
Earnings Date Oct 30, 2023

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 3,818
Stock Exchange NASDAQ
Ticker Symbol BGC
Full Company Profile

Financial Performance

In 2022, BGC Group's revenue was $1.80 billion, a decrease of -10.92% compared to the previous year's $2.02 billion. Earnings were $48.71 million, a decrease of -60.72%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BGC stock is "Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(25.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Poten & Partners Expands Its Energy Transition Business into Hydrogen, Ammonia and Methanol

NEW YORK , Nov. 30, 2023 /PRNewswire/ -- Poten & Partners ("Poten"), a subsidiary of BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), an integrated energy advisory, brokerage, an...

8 days ago - PRNewsWire

BGC Reports Third Quarter 2023 Financial Results

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 08:30 AM ET Today NEW YORK , Oct. 30, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brok...

5 weeks ago - PRNewsWire

Fenics Market Data announces strategic partnership with ZE PowerGroup to distribute Energy and Commodities Market Data

LONDON , Oct. 17, 2023 /PRNewswire/ -- Fenics Market Data, a division within BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), today announced it is partnering with ZE PowerGroup ...

7 weeks ago - PRNewsWire

BGC Group Announces Its 2023 Virtual Annual Meeting of Stockholders

To be held on Tuesday, November 14, 2023, at 10:00 a.m. ET NEW YORK , Oct. 9, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and...

2 months ago - PRNewsWire

BGC's Third Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Monday, October 30, 2023

Conference call scheduled for the same day at 8:30 a.m. ET NEW YORK , Oct. 5, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, t...

2 months ago - PRNewsWire

BGC Group, Inc. Announces Final Results in Exchange Offers and Consent Solicitations

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group") today announced the final results of its previously announced offers to exchange (the "exchange offers") any and all...

2 months ago - PRNewsWire

BGC Group Updates its Outlook for the Third Quarter of 2023

NEW YORK , Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it ha...

2 months ago - PRNewsWire

BGC Group, Inc. Announces Early Participation Results in Exchange Offers and Consent Solicitations and Extension of Early Participation Premium

NEW YORK , Sept. 20, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group") today announced that, as of 5:00 p.m.

2 months ago - PRNewsWire

Cantor Fitzgerald and BGC Group Raise Spirits and Funds with Charity Day 2023

Nicole Kidman & Keith Urban and Charlize Theron united for day of hope and charity in honor of those lost on 9/11 NEW YORK and LONDON , Sept. 13, 2023 /PRNewswire/ -- Cantor Fitzgerald , its affiliate...

3 months ago - PRNewsWire

BGC Group and Cantor Fitzgerald Raise Spirits and Funds with Charity Day 2023

Nicole Kidman & Keith Urban and Charlize Theron united for day of hope and charity in honor of those lost on 9/11 NEW YORK and LONDON , Sept. 13, 2023 /PRNewswire/ -- BGC Group, a leading global broke...

3 months ago - PRNewsWire

BGC Group, Inc. Commences Offers to Exchange Three Series of Notes Issued by BGC Partners, Inc. for Notes Issued by BGC Group, Inc.

NEW YORK , Sept. 6, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or the "Company") today announced the commencement of offers to exchange (the "exchange offers") any and all validly...

3 months ago - PRNewsWire

Capitalab Switches 10,000 LIBOR Swaptions to SOFR in New Swaption Migration Service

LONDON , Sept. 5, 2023 /PRNewswire/ -- Capitalab, a division of BGC Brokers LP, an entity within BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), today announced it has successfu...

3 months ago - PRNewsWire

Fenics Market Data Launches AUD Interest Rate Swaps Service

LONDON , Aug. 23, 2023 /PRNewswire/ -- Fenics Market Data, a division within BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), today announced the launch of a new and unique data ...

3 months ago - PRNewsWire

BGC Reports Second Quarter 2023 Financial Results

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Aug. 2, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global broke...

4 months ago - PRNewsWire