BGC Partners (BGCP) Receiving Somewhat Favorable Media Coverage, Analysis Finds
News coverage about BGC Partners (NASDAQ:BGCP) has trended somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BGC Partners earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.9356533715501 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s analysis:
- BGC PARTNERS, INC. : ex-dividend day (4-traders.com)
- BGC Partners, Inc. : BGCP-US: Dividend Analysis : November 14th, 2017 (record date) : By the numbers : November 14, 2017 (finance.yahoo.com)
- BGC Partners, Inc. (BGCP) Short Interest Down 52.4% in October (americanbankingnews.com)
- BGC Partners, Inc. (BGCP) Ex-Dividend Date Scheduled for November 13, 2017 – Nasdaq (nasdaq.com)
BGC Partners (BGCP) traded up $0.10 during trading hours on Wednesday, reaching $15.37. 1,076,900 shares of the company were exchanged, compared to its average volume of 1,531,771. BGC Partners has a 12 month low of $9.63 and a 12 month high of $16.51. The company has a debt-to-equity ratio of 2.97, a current ratio of 1.32 and a quick ratio of 1.31. The stock has a market capitalization of $4,430.00, a PE ratio of 15.11 and a beta of 1.29.
BGC Partners (NASDAQ:BGCP) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.29 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.29. BGC Partners had a net margin of 4.67% and a return on equity of 42.02%. The company had revenue of $827.03 million during the quarter.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Investors of record on Tuesday, November 14th will be given a dividend of $0.18 per share. The ex-dividend date is Monday, November 13th. This represents a $0.72 dividend on an annualized basis and a yield of 4.68%. BGC Partners’s payout ratio is 114.29%.
BGCP has been the subject of a number of analyst reports. ValuEngine cut shares of BGC Partners from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub raised shares of BGC Partners from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Finally, Zacks Investment Research cut shares of BGC Partners from a “buy” rating to a “hold” rating in a research report on Friday, July 28th.
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In related news, Director Linda A. Bell sold 13,650 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $14.70, for a total transaction of $200,655.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 37.40% of the company’s stock.
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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