BGC Partners, Inc. (BGCP)

NASDAQ: BGCP · IEX Real-Time Price · USD
5.04
+0.01 (0.20%)
At close: Mar 24, 2023, 4:00 PM
5.01
-0.03 (-0.60%)
After-hours: Mar 24, 2023, 5:57 PM EDT
0.2%
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]

Industry Capital Markets
Sector Financials
IPO Date Dec 10, 1999
Employees 3,920
Stock Exchange NASDAQ
Ticker Symbol BGCP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$8.42
(67.06% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

1 week ago - Zacks Investment Research

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.

3 weeks ago - CNBC Television

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?

3 weeks ago - Zacks Investment Research

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 ...

3 weeks ago - PRNewsWire

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, ...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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.

Other symbols: NMRK
2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

Other symbols: NMRK
3 months ago - PRNewsWire

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...

3 months ago - Zacks Investment Research

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...

3 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire

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...

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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?

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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.

5 months ago - Zacks Investment Research

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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.

7 months ago - Zacks Investment Research

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...

7 months ago - PRNewsWire