Grufity logoGrufity logo

BGCP

4.51USD+0.08(+1.81%)Delayedas of 06 Dec 2022, 11:00 am

BGC Partners Inc

Market Summary

USD4.51+0.08Delayedas of 06 Dec 2022, 11:00 am
1.81%

BGCP Alerts

BGCP Stock Price

RSI Chart

Valuation

Market Cap

1.5B

Price/Earnings

14.13

Price/Sales

0.8

Price/Cashflow

5.48

MarketCap/EBT

9.29

Price/Sales

Profitability

EBT Margin

8.57%

Return on Equity

15.77%

Return on Assets

2.16%

Fundamentals

Revenue

Revenue (TTM)

1.8B

Revenue Y/Y

-12.07%

Revenue Q/Q

-4.4%

Earnings

Earnings (TTM)

122.9M

Earnings Y/Y

150.53%

Earnings Q/Q

-60.97%

Price Action

52 Week Range

2.994.88
(Low)(High)

Last 7 days

13.3%

Last 30 days

16.3%

Last 90 days

13.0%

Trailing 12 Months

-3.3%

Financial Health

Debt/Equity

1.56

Debt/Cashflow

0.26

Investor Care

Dividend Yield

1.01%

Dividend/Share (TTM)

0.04

Buy Backs (1Y)

2.41%

Diluted EPS (TTM)

0.32

Peers (Alternatives to BGC Partners)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
62.7B
5.0B
5.69% -17.67%
21.43
12.95
6.85% 9.98%
54.0B
9.5B
10.84% -16.97%
16.01
5.7
8.61% 19.83%
30.6B
6.1B
9.63% -65.85%
26.88
5.18
3.86% -0.69%
24.5B
6.9B
20.23% -35.15%
12.06
3.54
-6.95% -34.97%
13.3B
3.8B
-0.83% -0.58%
62.94
3.65
10.01% -46.45%
MID-CAP
7.9B
1.1B
-2.42% 3.82%
6.24
8.12
-28.35% -28.41%
7.2B
2.0B
13.37% 4.62%
14.24
3.56
9.45% -3.53%
6.7B
4.7B
-2.33% -11.95%
8.5
1.42
2.68% -0.67%
2.4B
2.6B
1.12% -18.25%
6.37
0.93
-11.69% -29.99%
SMALL-CAP
1.9B
66.0B
6.33% 59.01%
12
0.03
55.25% 78.07%
1.5B
1.8B
16.26% -3.33%
14.13
0.8
-10.47% 171.91%
1.1B
1.6B
-0.13% 9.99%
8.34
0.66
-23.97% -60.19%
918.0M
19.9M
1.89% 16.63%
-26.12
14.13
-72.02% -152.67%
791.6M
307.2M
9.41% -21.41%
53.61
2.53
4.57% 259.02%
360.0M
1.2B
11.44% -9.51%
4.94
0.31
-19.93% -59.07%

Financials for BGC Partners

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-3.0%1,8201,8781,9542,0152,033
Operating Expenses-4.6%1,9582,0532,1382,1781,997
Earnings Before Taxes24.7%20116115117756
Net Income16.2%12310610712445
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-4.4%4,6714,8874,9413,3425,416
    Cash Equivalents-4.7%473496509554451
  Goodwill0.0%487487488487487
Liabilities-4.7%3,9444,1404,1882,6604,712
.    Short Term Borrowings-20----
  Long Term Debt0.1%1,0451,0451,0441,0431,042
    LT Debt, Non Current-0.1%1,0501,0511,0521,0531,353
Shareholder's Equity-2.8%652671676620631
  Retained Earnings0.2%-1,136.57-1,138.63-1,149.66-1,171.92-1,244.72
  Additional Paid-In Capital1.1%2,5272,4992,4812,4512,421
Shares Outstanding2.0%376368387--
Minority Interest-1.0%5960604454
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-10.9%243273363417469
Cashflow From Investing-5.0%115121122121-43.88
Cashflow From Financing-1.5%-651.71-642.26-795.22-819.54-381.01
  Dividend Payments-0.8%1515151515
  Buy Backs-23.4%218284361365227

Risks

What is the probability of a big loss on BGCP?

97.3%


Probability that BGC Partners stock will be more than 20% underwater in next one year

66.2%


Probability that BGC Partners stock will be more than 30% underwater in next one year.

34.2%


Probability that BGC Partners stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BGCP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if BGC Partners was unfortunately bought at previous high price.

Returns

Cumulative Returns on BGCP

13.6%


10-Year Cumulative Returns

0.3%


7-Year Cumulative Returns

-12.0%


5-Year Cumulative Returns

-7.0%


3-Year Cumulative Returns

What are the long-term rolling returns for BGCP?

FIve years rolling returns for BGC Partners.

Which funds bought or sold BGCP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
SOLD OFF
-100
-8,425
-
-%
2022-11-23
Repertoire Partners LP
REDUCED
-99.6
-840,000
3,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
0.31
-86,000
1,241,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-13,000
-
-%
2022-11-15
ALGERT GLOBAL LLC
REDUCED
-14.98
-682,000
2,600,000
0.16%
2022-11-15
HORIZON KINETICS ASSET MANAGEMENT LLC
REDUCED
-10.76
-216,000
1,064,000
0.02%
2022-11-15
Covington Capital Management
UNCHANGED
-
-1,000
14,000
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
207,000
207,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-11,000
152,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
71.93
180,082
479,230
-%

1–10 of 46

Latest Funds Activity

Are funds buying BGCP calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BGCP

BGC Partners News

Seeking Alpha

Virtu Financial: It's Time To Consider This Stock (NASDAQ:VIRT).6 days ago

BGCP Fair Value

Recent SEC filings of BGC Partners

View All Filings
Date Filed Form Type Document
Nov 16, 2022
425
Prospectus Filed
Nov 16, 2022
8-K
Current Report
Nov 16, 2022
SC 13D/A
13D - Major Acquisition
Nov 08, 2022
10-Q
Quarterly Report
Nov 07, 2022
8-K
Current Report
Nov 02, 2022
8-K
Current Report
Oct 27, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading
Sep 29, 2022
8-K
Current Report

Latest Insider Trading transactions for BGCP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2021-12-22
MERKEL STEPHEN M
ACQUIRED
-
-
90,366
EVP and General Counsel
2021-12-22
LUTNICK HOWARD W
ACQUIRED
-
-
2,011,730
Chairman and CEO
2021-11-22
Richards David
ACQUIRED
-
-
10,661
-
2021-11-22
Bell Linda A
ACQUIRED
-
-
10,661
-
2021-11-22
Curwood Stephen T
ACQUIRED
-
-
10,661
-
2021-11-22
MORAN WILLIAM J
ACQUIRED
-
-
10,661
-
2021-11-22
MBANEFO ARTHUR U
ACQUIRED
-
-
10,661
-
2021-10-05
MBANEFO ARTHUR U
ACQUIRED
-
-
12,821
-
2021-06-28
LUTNICK HOWARD W
ACQUIRED
-
-
88,636
Chairman and CEO
2021-06-28
LUTNICK HOWARD W
ACQUIRED
-
-
520,380
Chairman and CEO

1–10 of 31

Howard W. Lutnick
3920
BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. It offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; and fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provides trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back office services to financial and non-financial institutions. In addition, it offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets under the Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, kACE2, Capitalab, Swaptioniser, CBID, Lucera, and LumeAlfa brand names. Further, the company provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; option pricing and analysis tools; and software and technology infrastructure for the transactional and technology related elements. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.

BGCP Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Commissions$ 299,430$ 367,016$ 965,636$ 1,192,004
Principal transactions79,56873,997283,338254,757
Fees from related parties3,8963,47010,83811,500
Data, software and post-trade23,80822,23871,32665,826
Interest and dividend income4,1103,04215,50617,535
Other revenues5,7553,98412,14312,151
Total revenues416,567473,7471,358,7871,553,773
Expenses:    
Compensation and employee benefits202,353257,604671,494836,533
Equity-based compensation and allocations of net income to limited partnership units and FPUs57,73078,490161,739170,275
Total compensation and employee benefits260,083336,094833,2331,006,808
Occupancy and equipment38,71046,049117,294141,598
Fees to related parties6,5515,67418,28515,574
Professional and consulting fees15,04816,83644,48953,071
Communications26,80229,30581,85989,891
Selling and promotion11,3739,58634,75425,692
Commissions and floor brokerage13,10415,90844,68648,145
Interest expense14,49916,73543,14453,268
Other expenses19,95124,61460,73664,423
Total expenses406,121500,8011,278,4801,498,470
Other income (losses), net:    
Gains (losses) on divestitures and sale of investments(183)92(183)0
Gains (losses) on equity method investments3,2301,8168,7624,605
Other income (loss)5,5454,5136,95811,843
Total other income (losses), net8,5926,42115,53716,448
Income (loss) from operations before income taxes19,038(20,633)95,84471,751
Provision (benefit) for income taxes10,813(6,692)40,5757,056
Consolidated net income (loss)8,225(13,941)55,26964,695
Less: Net income (loss) attributable to noncontrolling interest in subsidiaries2,463(2,539)8,77317,141
Net income (loss) available to common stockholders5,762(11,402)46,49647,554
Basic earnings (loss) per share    
Net income (loss) available to common stockholders$ 5,762$ (11,402)$ 46,496$ 47,554
Basic earnings (loss) per share (in dollars per share)$ 0.02$ (0.03)$ 0.13$ 0.12
Basic weighted-average shares of common stock outstanding (in shares)371,108387,121371,692382,161
Fully diluted earnings (loss) per share    
Net income (loss) for fully diluted shares$ 7,370$ (11,402)$ 60,718$ 56,033
Fully diluted earnings (loss) per share (in dollars per share)$ 0.01$ (0.03)$ 0.12$ 0.12
Fully diluted weighted-average shares of common stock outstanding (in shares)496,985387,121501,958452,083