BGC Partners Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 4.74
Dividend & Yield0.04$ (1.02%)
Beta 1.82
Market capitalization 1.54B
Operating cash flow 243M
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Capital Markets

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 218.45M -370.7M -178.37M 584M
Total Cashflows From Investing Activities 27.58M -42.59M -77.94M 121.13M
Net Borrowings 189.6M 377.47M 166.61M -267.82M
Total Cash From Financing Activities 418.82M 18.25M -13.1M -819.54M
Change To Operating Activities -296.78M -90.16M -202.86M 25.56M
Issuance Of Stock 327.62M 3.85M 3.85M 3.85M
Net Income 202.2M 43.9M 45.06M 124.01M
Change In Cash -380.01M 219.39M 212.57M -286.61M
Effect Of Exchange Rate -10.84M 2.63M 993k -5.39M
Total Cash From Operating Activities -815.58M 241.1M 302.61M 417.19M
Depreciation 46.8M 50.87M 52.32M 46.97M
Change To Account Receivables -314.9M 366.77M 290.89M -583.98M
Other Cashflows From Financing Activities 144.13M -165.09M -119.26M -175.06M
Change To Netincome -694.95M 206.2M 258.28M 182.13M
Capital Expenditures -24.53M -46.66M -30.83M -10.11M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 171.92M 116.63M 72.22M 176.5M
Net Income 202.2M 43.9M 45.06M 124.01M
Selling General Administrative 1.51B 1.65B 1.58B 1.61B
Gross Profit 1.7B 1.84B 1.78B 1.74B
Ebit
Operating Income 116.59M 67.78M 106.22M 48.45M
Interest Expense
Income Tax Expense 63.77M 49.81M 21.3M 23.01M
Total Revenue 1.9B 2.04B 1.98B 1.95B
Cost Of Revenue 200.07M 203.43M 204.64M 206.24M
Total Other Income ExpenseNet 55.32M 48.85M -34M 128.05M
Net Income From Continuing Ops 108.15M 66.82M 50.92M 153.49M
Net Income Applicable To Common Shares 202.2M 43.9M 45.06M 124.01M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 2.54B 3.18B 3.12B 2.66B
Total Stockholder Equity 768.37M 674.65M 754.24M 619.75M
Other Current Liabilities 231.44M 212.49M 255.94M 277.93M
Total Assets 3.43B 3.93B 3.95B 3.34B
Common Stock 3.88M 4.04M 4.19M 4.82M
Other Current Assets 57.12M 54.34M 51.57M 32.56M
Retained Earnings -1.11B -1.25B -1.28B -1.17B
Treasury Stock -338.7M -348.41M -344.24M -664.28M
Cash 336.54M 415.38M 596.29M 553.6M
Total Current Liabilities 1.69B 1.75B 1.81B 1.39B
Other Stockholder Equity -24.46M -33.1M -28.93M -40.55M
Property, Plant, and Equipment 157.17M 373.91M 381.99M 326.36M
Total Current Assets 2.24B 2.44B 2.45B 2.05B
Net Tangible Assets -35.05M -182.32M -89.13M -74.91M
Net Receivables 1.7B 1.69B 1.49B 1.41B
Accounts Payable 769.83M 416.57M 179.72M 656.28M


Insider Transactions

Here are the insider transactions of stock shares related to BGC Partners Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LUTNICK HOWARD WStock Award(Grant) at price 0.00 per share.D2021-12-22Chief Executive Officer2.01M
MERKEL STEPHEN MStock Award(Grant) at price 0.00 per share.D2021-12-22General Counsel90.37k
MORAN WILLIAM JStock Award(Grant) at price 0.00 per share.D2021-11-22Director10.66k
CURWOOD STEPHEN TStock Award(Grant) at price 0.00 per share.D2021-11-22Director10.66k
BELL LINDA AStock Award(Grant) at price 0.00 per share.D2021-11-22Director10.66k
RICHARDS DAVID PStock Award(Grant) at price 0.00 per share.D2021-11-22Director10.66k
MBANEFO ARTHUR U.Stock Award(Grant) at price 0.00 per share.D2021-11-22Director10.66k
MBANEFO ARTHUR U.Stock Award(Grant) at price 0.00 per share.D2021-10-05Director12.82k
LUTNICK HOWARD WStock Award(Grant) at price 0.00 per share.D2021-06-28Chief Executive Officer88.64k
LUTNICK HOWARD WD2021-06-28Chief Executive Officer520.38k
MERKEL STEPHEN MStock Award(Grant) at price 0.00 per share.D2021-04-29General Counsel108.35k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BGC Partners Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BGC Partners Inc - Class A

Here is the result of two systematic investment strategies applied to BGC Partners Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BGC Partners Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to BGC Partners Inc - Class A:

BGC Partners Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 19.89% on the backtest period.

Performance at glance

Performance

19.89 %

Latent gain

347.85 $

Invested capital

1749.27 $

Annualized return

4.85 %
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Momentum strategy results on BGC Partners Inc - Class A

This is the result of two momentum investment strategies applied to BGC Partners Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BGC Partners Inc - Class A

The following chart shows all the entries opened by the momentum investment system on BGC Partners Inc - Class A:

BGC Partners Inc - Class A momentum entries
  • The first momentum investment strategy would give 16.43% of return on BGC Partners Inc - Class A. That represents 656.31$ of latent gain with 3995.39$ of employed capital.
  • The second momentum investment strategy would give 15.76% of return on BGC Partners Inc - Class A. That represents 511.49$ of latent gain with 3245.85$ of employed capital.
Performance at glance (1Q Momentum)

Performance

16.43 %

Latent gain

656.31 $

Invested capital

3995.39 $

Annualized return

6.49 %
Performance at glance (2Q Momentum)

Performance

15.76 %

Latent gain

511.49 $

Invested capital

3245.85 $

Annualized return

4.35 %

Momentum equity curve on BGC Partners Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to BGC Partners Inc - Class A:

BGC Partners Inc - Class A momentum equity

Note: the dividends potentially given by BGC Partners Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BGC Partners Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on BGC Partners Inc - Class A since the beginning:

BGC Partners Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on BGC Partners Inc - Class A

Buy the dip entry openings on BGC Partners Inc - Class A

BGC Partners Inc - Class A

The performance achieved by the robo-advisor on BGC Partners Inc - Class A is 13.62%. That represents 102.3$ of latent gain with 750.94$ of employed capital. The following chart shows BGC Partners Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BGC Partners Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

13.62 %

Latent gain

102.3 $

Invested capital

750.94 $

Annualized return

6.49 %

Equity curve of the strategy applied to BGC Partners Inc - Class A

The following chart shows the result of the investment strategy applied to BGC Partners Inc - Class A:

BGC Partners Inc - Class A

Note: the dividends potentially given by BGC Partners Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BGC Partners Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on BGC Partners Inc - Class A:

BGC Partners Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BGC Partners Inc - Class A

In this section, I will compare the three previous investment strategies applied to BGC Partners Inc - Class A.

Equity curve comparison on BGC Partners Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BGC Partners Inc - Class A investment strategy comparison

Employed capital comparison on BGC Partners Inc - Class A

BGC Partners Inc - Class A investment comparison

Performance comparison on BGC Partners Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 19.89% 347.85$ 1749.27$ 4.85%
Momentum 1 quarter 16.43% 656.31$ 3995.39$ 4.26%
Momentum 2 quarters 15.76% 511.49$ 3245.85$ 4.35%
Non-directional 13.62% 102.3$ 750.94$ 6.49%
Annualized return comparison

Automatic investment

4.85 %

Momentum 1Q

4.35 %

Momentum 2Q

4.35 %

Non-directional

6.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BGC Partners Inc - Class A:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between BGC Partners Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of BGC Partners Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BGC Partners Inc - Class A
Country United States
City New York
Address 499 Park Avenue
Phone 212 610 2200
Website www.bgcpartners.com
FullTime employees 3920
Industry Capital Markets
Sector Financial Services
Exchange XNAS
Ticker BGCP
Market www.nasdaq.com

BGC Partners Inc - Class A ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown