BGC Group, Inc (BGC)

NASDAQ: BGC · IEX Real-Time Price · USD
8.23
+0.03 (0.30%)
Apr 26, 2024, 11:45 AM EDT - Market open
0.30%
Market Cap 4.06B
Revenue (ttm) 2.03B
Net Income (ttm) 36.27M
Shares Out 500.95M
EPS (ttm) 0.07
PE Ratio 117.50
Forward PE 8.23
Dividend $0.04 (0.49%)
Ex-Dividend Date Mar 4, 2024
Volume 472,317
Open 8.22
Previous Close 8.20
Day's Range 8.17 - 8.28
52-Week Range 3.98 - 8.70
Beta 1.57
Analysts Buy
Price Target 9.00 (+9.42%)
Earnings Date Apr 30, 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 $2.03 billion, an increase of 12.82% compared to the previous year's $1.80 billion. Earnings were $36.27 million, a decrease of -25.55%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BGC stock is "Buy" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(9.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

1 day 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...

1 day 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, ...

22 days 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...

4 weeks ago - PRNewsWire

BGC Group Set to Join S&P SmallCap 600

Company repurchased approximately 10 million shares quarter to date NEW YORK , March 4, 2024 /PRNewswire/ -- BGC Group, Inc. (NASD: BGC), a leading global brokerage and financial technology company, t...

7 weeks ago - PRNewsWire

BGC Reports Fourth Quarter and Full Year 2023 Financial Results

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Feb. 14, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial r...

2 months ago - PRNewsWire

BGC Group to Present at the Bank of America Financial Services Conference on February 20, 2024

Webcast Available for Investors NEW YORK , Jan. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Bank...

3 months ago - PRNewsWire

BGC Group Announces CFTC Approval for FMX Futures Exchange

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that its FMX Futures Exchange received Commodity Futures Trading Commission ("CFTC") approval to operate an exch...

3 months ago - PRNewsWire

BGC's Fourth Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, February 14, 2024

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , Jan. 8, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today an...

3 months ago - PRNewsWire

3 Charts For Investors to Watch Tuesday: IQVIA Holdings, BGC Group, WGMI ETF

Here's our daily look at three charts linked to recent news-driven price moves, with key technical levels to watch.

Other symbols: IQVWGMI
4 months ago - Investopedia

BGC Group says business ‘performed strongly' in Q4 as stock rises

BGC Group Inc.'s stock BGC, -1.17% rose 2.7% in premarket trading on Friday after the financial technology company said its business “performed strongly” during the fourth quarter. BGC said it now exp...

4 months ago - Market Watch

BGC Group Updates its Outlook for the Fourth Quarter of 2023 and Provides Update to FMX Announcement Timing

NEW YORK , Dec. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending December 31, 2023 and provided an update to the expected ...

4 months ago - PRNewsWire

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...

5 months 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...

6 months 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 ...

6 months 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...

7 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...

7 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...

7 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...

7 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.

7 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...

8 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...

8 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...

8 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...

8 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 ...

8 months ago - PRNewsWire