BGC Partners (BGCP) Getting Somewhat Favorable News Coverage, Report Shows
News articles about BGC Partners (NASDAQ:BGCP) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. BGC Partners earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 47.0577349075265 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Dimensional Fund Advisors Lp Bought A Little More BGC Partners, Inc. (BGCP) Stock – First News 24 (firstnewspaper24.com)
- BGC Partners, Inc. breached its 50 day moving average in a Bearish Manner : BGCP-US : August 11, 2017 (finance.yahoo.com)
- New Strong Sell Stocks for August 10th – Nasdaq (nasdaq.com)
- Uncover High Dividend: BGC Partners, Inc. (BGCP) stock Yield stands at 5.67% – Voice Of Analysts (analystsbuzz.com)
- See what the IHS Markit Score report has to say about BGC Partners Inc. (finance.yahoo.com)
BGC Partners (NASDAQ BGCP) opened at 12.47 on Friday. BGC Partners has a one year low of $8.36 and a one year high of $13.44. The company has a 50 day moving average of $12.72 and a 200-day moving average of $11.77. The company has a market cap of $3.57 billion, a P/E ratio of 31.41 and a beta of 1.29.
BGC Partners (NASDAQ:BGCP) last posted its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. The firm had revenue of $737.80 million for the quarter, compared to analyst estimates of $716 million. BGC Partners had a net margin of 4.23% and a return on equity of 35.60%. BGC Partners’s quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 earnings per share. On average, equities analysts expect that BGC Partners will post $0.99 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Investors of record on Monday, August 14th will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, August 10th. This represents a $0.72 dividend on an annualized basis and a yield of 5.77%. BGC Partners’s payout ratio is presently 180.00%.
A number of research analysts recently commented on BGCP shares. Zacks Investment Research downgraded shares of BGC Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 30th. BidaskClub downgraded shares of BGC Partners from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd.
About BGC Partners
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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