Media headlines about BGC Partners (NASDAQ:BGCP) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BGC Partners earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.009422018652 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Overview Of Different Chart Patterns: BGC Partners, Inc. (BGCP), Gaming and Leisure Properties, Inc. (GLPI) – AllStockNews (allstocknews.com)
- Pentair plc (PNR) and BGC Partners Inc (BGCP) Seeing Needle Moving This Session – Evergreen Caller (evergreencaller.com)
- Bgc Partners-A Shares Up 37.1% Since SmarTrend’s Buy Recommendation (BGCP) (mysmartrend.com)
- BGC Partners, Inc. (NASDAQ:BGCP) Sees Large Growth in Short Interest (americanbankingnews.com)
- Dimensional Fund Advisors Lp Bought A Little More BGC Partners, Inc. (BGCP) Stock – First News 24 (firstnewspaper24.com)
Several equities research analysts recently commented on the stock. BidaskClub upgraded shares of BGC Partners from a “hold” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research raised shares of BGC Partners from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Friday, June 30th.
BGC Partners (BGCP) opened at 12.64 on Friday. The firm has a market cap of $3.62 billion, a P/E ratio of 31.84 and a beta of 1.29. BGC Partners has a 52 week low of $8.36 and a 52 week high of $13.44. The company has a 50-day moving average of $12.80 and a 200 day moving average of $11.82.
BGC Partners (NASDAQ:BGCP) last announced its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.24 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.24. BGC Partners had a return on equity of 35.60% and a net margin of 4.23%. The firm had revenue of $737.80 million during the quarter, compared to analyst estimates of $716 million. During the same period last year, the company posted $0.21 EPS. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. On average, equities analysts predict that BGC Partners will post $0.99 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Shareholders 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 5.70%. BGC Partners’s payout ratio is presently 180.00%.
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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