BGC Partners (BGCP) Given Daily News Impact Score of 0.23
Press coverage about BGC Partners (NASDAQ:BGCP) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. 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 news sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.4876934761706 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- What Could Lead To An Epic Rally In BGC Partners, Inc. (BGCP), 22nd Century Group, Inc. (XXII)? (gvtimes.com)
- Is It Time To Hold Stock?: BGC Partners, Inc., (NASDAQ: BGCP), Energy Transfer Partners, LP, (NYSE: ETP) (nysetradingnews.com)
- Where Is The Floor For These Quality Names? AVEO Pharmaceuticals, Inc. (AVEO), BGC Partners, Inc. (BGCP) (nmsunews.com)
- Newmark Group, Inc. Closes on the Acquisition of RKF Retail Holdings, LLC (finance.yahoo.com)
- BGC Partners, Newmark complete redemption of $112.5M of notes (seekingalpha.com)
NASDAQ:BGCP opened at $12.16 on Friday. The stock has a market cap of $3.99 billion, a PE ratio of 10.13 and a beta of 1.02. BGC Partners has a 52 week low of $10.39 and a 52 week high of $16.97. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.77.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 5th. Stockholders of record on Monday, August 20th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date was Friday, August 17th. BGC Partners’s payout ratio is 60.00%.
A number of equities analysts have recently commented on BGCP shares. Zacks Investment Research raised shares of BGC Partners from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Tuesday, July 3rd. BidaskClub downgraded shares of BGC Partners from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 10th. Finally, ValuEngine raised shares of BGC Partners from a “sell” rating to a “hold” rating in a report on Thursday, June 21st. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $13.00.
In other BGC Partners news, Director William J. Moran acquired 10,000 shares of BGC Partners stock in a transaction dated Thursday, August 2nd. The stock was bought at an average cost of $11.09 per share, with a total value of $110,900.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 32.80% of the stock is currently owned by company insiders.
About BGC Partners
BGC Partners, Inc operates as a brokerage company servicing the financial and real estate markets worldwide. It operates in two segments, Financial Services and Real Estate Services. The Financial Services segment provides brokerage services for fixed income, interest rate derivatives, spot foreign exchange, foreign exchange derivatives, government bonds, corporate bonds, credit derivatives, insurance and money market products, energy, metals, equity derivatives, and structured market data products and services.
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