BGC Partners (BGCP) Receives News Impact Score of 0.10

Media headlines about BGC Partners (NASDAQ:BGCP) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BGC Partners earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 47.3471516802244 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of equities research analysts have weighed in on BGCP shares. Zacks Investment Research lowered BGC Partners from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. ValuEngine lowered BGC Partners from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, BidaskClub lowered BGC Partners from a “buy” rating to a “hold” rating in a research note on Friday, July 28th.

Shares of BGC Partners (NASDAQ:BGCP) traded up $0.29 during midday trading on Monday, reaching $15.97. The company’s stock had a trading volume of 1,215,068 shares, compared to its average volume of 1,527,734. BGC Partners has a 12-month low of $9.66 and a 12-month high of $16.51. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 2.97. The firm has a market cap of $4,610.00, a price-to-earnings ratio of 15.52 and a beta of 1.29.

BGC Partners (NASDAQ:BGCP) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. BGC Partners had a return on equity of 42.02% and a net margin of 4.67%. The company had revenue of $827.03 million for the quarter.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Tuesday, November 14th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date is Monday, November 13th. BGC Partners’s dividend payout ratio is presently 114.29%.

In other BGC Partners news, Director Linda A. Bell sold 13,650 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $14.70, for a total transaction of $200,655.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 37.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for BGC Partners (NASDAQ:BGCP)

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