BGC Partners (BGCP) Receiving Somewhat Favorable News Coverage, Analysis Finds
News coverage about BGC Partners (NASDAQ:BGCP) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring 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 closest to one being the most favorable. BGC Partners earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines 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 company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- 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)
Shares of BGC Partners (NASDAQ BGCP) opened at 12.47 on Friday. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 31.41 and a beta of 1.29. BGC Partners has a 1-year low of $8.36 and a 1-year high of $13.44. The company’s 50-day moving average price is $12.72 and its 200 day moving average price is $11.77.
BGC Partners (NASDAQ:BGCP) last issued its earnings results on Wednesday, July 26th. The financial services provider reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $737.80 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.21 EPS. On average, analysts predict that BGC Partners will post $0.99 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Investors of record on Monday, August 14th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 5.77%. The ex-dividend date is Thursday, August 10th. BGC Partners’s dividend payout ratio is currently 180.00%.
A number of equities analysts have recently commented on BGCP shares. Zacks Investment Research lowered BGC Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 30th. BidaskClub raised BGC Partners from a “hold” rating to a “buy” rating in a report on Sunday, July 16th.
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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.
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