BGC Partners, Inc. (BGCP)
Market Cap | 1.89B |
Revenue (ttm) | 1.80B |
Net Income (ttm) | 48.71M |
Shares Out | 374.03M |
EPS (ttm) | 0.13 |
PE Ratio | 38.77 |
Forward PE | 5.43 |
Dividend | $0.04 (0.79%) |
Ex-Dividend Date | Mar 16, 2023 |
Volume | 2,210,498 |
Open | 4.94 |
Previous Close | 5.03 |
Day's Range | 4.83 - 5.04 |
52-Week Range | 3.00 - 5.51 |
Beta | 1.84 |
Analysts | Buy |
Price Target | 8.42 (+67.06%) |
Earnings Date | May 1, 2023 |
About BGCP
BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. It 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 fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provi... [Read more]
Financial Performance
In 2022, BGC Partners'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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for BGCP stock is "Buy." The 12-month stock price forecast is $8.42, which is an increase of 67.06% from the latest price.
News

Strength Seen in BGC Partners (BGCP): Can Its 6.5% Jump Turn into More Strength?
BGC Partners (BGCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Inflation is here to stay, says Cantor Fitzgerald & BGC Partners CEO Howard Lutnick
Howard Lutnick, Cantor Fitzgerald CEO and CEO and chairman of BGC Partners, joins 'Squawk on the Street' to discuss his thoughts on inflation, Fed rate hikes and more.

BGC Partners (BGCP) Beats Q4 Earnings and Revenue Estimates
BGC Partners (BGCP) delivered earnings and revenue surprises of 6.67% and 2.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

BGC Partners Reports Fourth Quarter and Full Year 2022 Financial Results
BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Feb. 27, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global ...

kACE launches Order Management System for FX Options
LONDON , Feb. 22, 2023 /PRNewswire/ -- kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners," "BGC" or the "Company") group of companies, ...

BGC Partners to Present at the 24th Annual Credit Suisse Financial Services Forum on February 14, 2023
Webcast Available for Investors NEW YORK , Feb. 9, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced that its...

Cantor Fitzgerald Announces the Sale of Rivertop Apartments in Nashville, Tennessee
NEW YORK , Jan. 19, 2023 /PRNewswire/ -- Cantor Fitzgerald, L.P. ("Cantor Fitzgerald"1) announced the sale of Rivertop Apartments in Nashville, Tennessee.

BGC Partners' Announces February 27, 2023, As Updated Date For Its Fourth Quarter 2022 Financial Results Announcement
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Jan. 12, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology comp...

BGC Partners' Fourth Quarter 2022 Financial Results Announcement to Be Issued Prior to Market Open on Friday, February 10, 2023
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Jan. 12, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology comp...

BGC Partners Updates its Outlook for the Fourth Quarter of 2022
NEW YORK , Dec. 30, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that...

Cantor Fitzgerald Announces the Sale of 865 Bellevue Apartments in Nashville, Tennessee
NEW YORK , Dec. 22, 2022 /PRNewswire/ -- Cantor Fitzgerald, L.P. ("Cantor Fitzgerald"1) announced the sale of 865 Bellevue Apartments in Nashville, Tennessee.

Are Investors Undervaluing BGC Partners (BGCP) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

BGC Partners (BGCP) Is Attractively Priced Despite Fast-paced Momentum
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, BGC Partners (BGCP) could be a great choice. It is one of the several stocks that pa...

BGC Partners Announces Its 2022 Virtual Annual Meeting of Stockholders
To be held on Friday, December 30, 2022, at 1:00 p.m. ET NEW YORK , Dec. 2, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerag...

Should Value Investors Buy BGC Partners (BGCP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

BGC Partners (BGCP) to Get Converted Into Corporate Structure
BGC Partners (BGCP) enters a corporate conversion agreement to reorganize and simplify its organizational structure. It will change its name to BGC Group, Inc.

BGC Partners Announces Corporate Conversion Agreement, New Company Name "BGC Group" And New Ticker Symbol "BGC" In Connection With Its Conversion Into a Corporate Structure
NEW YORK , Nov. 16, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that...

Fenics GO named OTC Trading Platform of the Year 2022
LONDON , Nov. 14, 2022 /PRNewswire/ -- Fenics GO, operated by the Fenics division of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), is delighted to have been named the OTC...

BGC Partners (BGCP) Beats Q3 Earnings and Revenue Estimates
BGC Partners (BGCP) delivered earnings and revenue surprises of 6.67% and 1.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

BGC Partners Reports Third Quarter 2022 Financial Results
BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Nov. 2, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global b...

BGC Partners (BGCP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
BGC Partners (BGCP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BGC Partners' Third Quarter 2022 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, November 2, 2022
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Oct. 6, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology compa...

BGC Partners Updates its Outlook for the Third Quarter of 2022
NEW YORK , Sept. 29, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced tha...

Is the Options Market Predicting a Spike in BGC Partners (BGCP) Stock?
Investors need to pay close attention to BGC Partners (BGCP) stock based on the movements in the options market lately.

BGC Wins Lawsuit Challenging Purchase of Berkeley Point
Judge Determines That Purchase Price Was Entirely Fair to Shareholders and Board Members Acted Appropriately NEW YORK , Aug. 22, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leadi...