News coverage about BGC Partners (NASDAQ:BGCP) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. BGC Partners earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8524198642643 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
BGC Partners (NASDAQ BGCP) opened at $15.20 on Thursday. The stock has a market cap of $4,367.10, a P/E ratio of 15.10 and a beta of 1.29. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.15 and a quick ratio of 1.13. BGC Partners has a one year low of $8.47 and a one year high of $16.51.
BGC Partners (NASDAQ:BGCP) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $827.03 million for the quarter. BGC Partners had a net margin of 4.67% and a return on equity of 39.65%.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Tuesday, November 14th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, November 13th. This represents a $0.72 dividend on an annualized basis and a yield of 4.74%. BGC Partners’s dividend payout ratio (DPR) is 153.19%.
A number of equities research analysts have recently weighed in on BGCP shares. ValuEngine upgraded shares of BGC Partners from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of BGC Partners from a “hold” rating to a “strong-buy” rating and set a $18.00 price target for the company in a research report on Wednesday, October 4th. Finally, BidaskClub upgraded shares of BGC Partners from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th.
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In related news, Director Linda A. Bell sold 13,650 shares of BGC Partners stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $14.70, for a total value of $200,655.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 37.40% of the company’s stock.
BGC Partners Company Profile
BGC Partners, Inc (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.
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