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Last $9.45 USD
Change Today -0.01 / -0.11%
Volume 1.5M
BGCP On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

bgc partners inc-cl a (BGCP) Snapshot

Open
$9.46
Previous Close
$9.46
Day High
$9.49
Day Low
$9.22
52 Week High
04/30/15 - $10.27
52 Week Low
06/3/14 - $6.85
Market Cap
2.1B
Average Volume 10 Days
957.1K
EPS TTM
$0.31
Shares Outstanding
187.0M
EX-Date
05/13/15
P/E TM
31.0x
Dividend
$0.56
Dividend Yield
5.29%
Current Stock Chart for BGC PARTNERS INC-CL A (BGCP)

bgc partners inc-cl a (BGCP) Related Businessweek News

No Related Businessweek News Found

bgc partners inc-cl a (BGCP) Details

BGC Partners, Inc. operates as a brokerage company in the United Kingdom, the United States, and internationally. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services, including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. This segment also offers trade execution, broker-dealer, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions; and electronic marketplaces comprising government bond markets, interest rate derivatives, spot foreign exchange, foreign derivatives, corporate bonds, and credit derivatives. In addition, it provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; software and technology infrastructure for the transactional and technology related elements; and certain technology services. Further, this segment offers financial technology solutions, market data, and analytics related to select financial instruments and markets through BGC Trader and BGC Market Data brands. The Real Estate Services segment offers leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management services. The company primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms, as well as institutional clients. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

6,656 Employees
Last Reported Date: 03/2/15
Founded in 1945

bgc partners inc-cl a (BGCP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.0M
President
Total Annual Compensation: $1.0M
Chief Financial Officer
Total Annual Compensation: $538.7K
Chief Operating Officer
Total Annual Compensation: $663.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2014.

bgc partners inc-cl a (BGCP) Key Developments

BGC Partners, Inc. Declares Quarterly Cash Dividend, Payable on May 29, 2015; Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

BGC Partners, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share payable on May 29, 2015 to Class A and Class B common stockholders of record as of May 15, 2015. The ex-dividend date will be May 13, 2015. The company announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's total revenues were $547.6 million compared with $444.8 million a year ago. Income from operations before income taxes was $36.3 million compared with $11.2 million a year ago. Net income available to common stockholders was $14.1 million or $0.06 per basic and diluted share compared with $8.0 million or $0.04 per basic and diluted share a year ago. Adjusted EBITDA was $117.1 million compared with $74.6 million a year ago. Revenues for distributable earnings were $563.9 million compared with $445.9 million a year ago. Post-tax distributable earnings were $62.1 million compared with $47.2 million a year ago. Pre-tax distributable earnings before non-controlling interest in subsidiaries and taxes was $75.2 million compared with $56.2 million a year ago. Pre-tax distributable earnings per share were $0.22 compared with $0.17 a year ago. Post-tax distributable earnings per share were $0.18 compared with $0.15 a year ago. For the second quarter of 2015, the company expects distributable earnings revenues to increase by between approximately 51% and 58% and to be between approximately $650 million and $680 million, compared with $430.3 million. The company anticipates pre-tax distributable earnings to increase by between approximately 32% and 51% and to be in the range of $70 million to $80 million, versus $53.0 million. The company expects its effective tax rate for distributable earnings to remain approximately 15%. In the second quarter of 2015, the pre-tax interest expense associated with the Convertible Senior Notes is expected to be $3.5 million while the post-tax interest expense is expected to be $3.0 million, all based on distributable earnings.

BGC Partners, Inc., GFI Group Inc., Q1 2015 Earnings Call, Apr 29, 2015

BGC Partners, Inc., GFI Group Inc., Q1 2015 Earnings Call, Apr 29, 2015

GFI Group Inc. to Report Q1, 2015 Results on Apr 29, 2015

GFI Group Inc. announced that they will report Q1, 2015 results at 10:00 AM, US Eastern Standard Time on Apr 29, 2015

 

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Industry Analysis

BGCP

Industry Average

Valuation BGCP Industry Range
Price/Earnings 100.0x
Price/Sales 1.1x
Price/Book 5.3x
Price/Cash Flow 228.7x
TEV/Sales 0.1x
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