BGC Group, Inc (BGC)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for BGC stock is "Buy" and the 12-month stock price forecast is $9.0.
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.
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...
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, ...
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...
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...
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...
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...
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...
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 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.
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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 ...