Taking the lead: BGC Group Inc (BGC)

With 4.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.79 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $9.27 whereas the lowest price it dropped to was $8.96. The 52-week range on BGC shows that it touched its highest point at $10.02 and its lowest point at $5.36 during that stretch. It currently has a 1-year price target of $11.50. With its current market cap of 4.45 billion, BGC has annualized dividend of $0.06 while the current yield stands at 0.66%. BGC paid its most recent dividend on 1724025600, while the ex-dividend date for that was 1724025600. Beta for the stock currently stands at 1.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BGC was down-trending over the past week, with a drop of -3.18%, but this was down by -5.87% over a month. Three-month performance dropped to -2.66% while six-month performance rose 13.12%. The stock gained 56.24% in the past year, while it has gained 26.59% so far this year. A look at the trailing 12-month EPS for BGC yields 0.25 with Next year EPS estimates of 0.99. For the next quarter, that number is 0.23. This implies an EPS growth rate of 13.41% for this year and 6.45% for next year. EPS is expected to grow by 20.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -35.27%.

Float and Shares Shorts:

At present, 390.09 million BGC shares are outstanding with a float of 358.16 million shares on hand for trading. On 2024-09-30, short shares totaled 8.5 million, which was 175.00000000000003 higher than short shares on 1724976000. In addition to Mr. Howard W. Lutnick as the firm’s Chairman of the Board & CEO, Mr. Jason Williams Hauf serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.76303 of BGC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BGC reported revenue of $533616000.0 and operating income of $68346000.0. The EBITDA in the recently reported quarter was $96929000.0 and diluted EPS was $0.08.