BGC Group, Inc.

NasdaqGS:BGCP Stock Report

Market Cap: US$2.0b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

BGC Partners Management

Management criteria checks 3/4

BGC Partners' CEO is Howard Lutnick, appointed in Jun 1999, he has a tenure of 24.08 years. His total yearly compensation is $13.00M , comprised of 7.7% salary and 92.3% bonuses, including company stock and options. He directly owns 4.47% of the company’s shares, worth $90.13M. The average tenure of the management team and the board of directors is 7.5 years and 5.6 years respectively.

Key information

Howard Lutnick

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage7.69%
CEO tenure24.1yrs
CEO ownership4.5%
Management average tenure7.5yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Analysis Article • May 06

BGC Partners (NASDAQ:BGCP) Has Announced A Dividend Of $0.01

BGC Partners, Inc.'s ( NASDAQ:BGCP ) investors are due to receive a payment of $0.01 per share on 31st of May. This...
Analysis Article • Feb 28

With EPS Growth And More, BGC Partners (NASDAQ:BGCP) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Nov 19

BGC Partners (NASDAQ:BGCP) Is Due To Pay A Dividend Of $0.01

BGC Partners, Inc.'s ( NASDAQ:BGCP ) investors are due to receive a payment of $0.01 per share on 6th of December. This...
Analysis Article • Nov 05

BGC Partners (NASDAQ:BGCP) Has Affirmed Its Dividend Of $0.01

The board of BGC Partners, Inc. ( NASDAQ:BGCP ) has announced that it will pay a dividend on the 6th of December, with...
Analysis Article • Aug 22

BGC Partners (NASDAQ:BGCP) Is Due To Pay A Dividend Of $0.01

BGC Partners, Inc. ( NASDAQ:BGCP ) will pay a dividend of $0.01 on the 6th of September. The dividend yield is 1.0...
Analysis Article • Aug 08

BGC Partners' (NASDAQ:BGCP) Dividend Will Be $0.01

The board of BGC Partners, Inc. ( NASDAQ:BGCP ) has announced that it will pay a dividend of $0.01 per share on the 6th...
Seeking Alpha • Aug 02

BGC Partners Q2 2022 Earnings Preview

BGC Partners (NASDAQ:BGCP) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, before market open. The consensus EPS Estimate is $0.16 (flat Y/Y) and the consensus Revenue Estimate is $440.45M (-14.1% Y/Y). Over the last 2 years, BGCP has beaten EPS estimates 38% of the time and has beaten revenue estimates 38% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 0 upward revisions and 1 downward.
Seeking Alpha • Jul 01

BGC Partners sees Q2 revenue slightly below midpoint of prior guidance

BGC Partners (NASDAQ:BGCP) said on Thursday that it has updated its outlook for the quarter ending June 30, 2022. BGC's now expects revenue for the second quarter of 2022 to be slightly below the midpoint of the range of its previously stated outlook vs. consensus of $446.46M (prior outlook of $420M - $470M), while pre-tax Adjusted Earnings is expected to be around the midpoint (prior outlook of $81M- $101M).
Analysis Article • May 06

BGC Partners (NASDAQ:BGCP) Will Pay A Dividend Of US$0.01

The board of BGC Partners, Inc. ( NASDAQ:BGCP ) has announced that it will pay a dividend of US$0.01 per share on the...
Analysis Article • Feb 19

BGC Partners (NASDAQ:BGCP) Has Re-Affirmed Its Dividend Of US$0.01

BGC Partners, Inc.'s ( NASDAQ:BGCP ) investors are due to receive a payment of US$0.01 per share on 22nd of March. This...
Analysis Article • Dec 28

I Ran A Stock Scan For Earnings Growth And BGC Partners (NASDAQ:BGCP) Passed With Ease

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Seeking Alpha • Nov 16

Investment Intrigue With BGC Partners

What began as a spin-off opportunity has turned into a (slow) growth story. Fenics represents the future of BGC Partners. Usually, under the radar, the market doesn't appreciate the share value - or do they?
Analysis Article • Sep 28

Here's Why We Think BGC Partners (NASDAQ:BGCP) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha • Aug 09

BGC Partners: Exploring The Misunderstood Potential Of Fenics

BGC Partners is an under-the-radar fintech market leader in a relatively less-understood segment. This article breaks down Fenics product offerings, explores growth drivers and discusses upcoming catalysts to unlock shareholder value. BGCP is significantly undervalued and can potentially double from current price levels.
Analysis Article • May 11

Should You Be Adding BGC Partners (NASDAQ:BGCP) To Your Watchlist Today?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Mar 10

Why It Might Not Make Sense To Buy BGC Partners, Inc. (NASDAQ:BGCP) For Its Upcoming Dividend

BGC Partners, Inc. ( NASDAQ:BGCP ) stock is about to trade ex-dividend in four days. You can purchase shares before the...
Analysis Article • Mar 07

How Does BGC Partners, Inc. (NASDAQ:BGCP) Fare As A Dividend Stock?

Dividend paying stocks like BGC Partners, Inc. ( NASDAQ:BGCP ) tend to be popular with investors, and for good reason...
Analysis Article • Jan 11

BGC Partners (NASDAQ:BGCP) Has Returned Negative 48% To Its Shareholders In The Past Three Years

It is a pleasure to report that the BGC Partners, Inc. ( NASDAQ:BGCP ) is up 39% in the last quarter. But that doesn't...
Analysis Article • Dec 07

Investors In BGC Partners, Inc. (NASDAQ:BGCP) Should Consider This, First

Dividend paying stocks like BGC Partners, Inc. ( NASDAQ:BGCP ) tend to be popular with investors, and for good reason...

CEO Compensation Analysis

How has Howard Lutnick's remuneration changed compared to BGC Partners's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

US$42m

Dec 31 2022US$13mUS$1m

US$49m

Sep 30 2022n/an/a

US$123m

Jun 30 2022n/an/a

US$106m

Mar 31 2022n/an/a

US$107m

Dec 31 2021US$20mUS$1m

US$124m

Sep 30 2021n/an/a

US$44m

Jun 30 2021n/an/a

US$64m

Mar 31 2021n/an/a

US$74m

Dec 31 2020US$12mUS$1m

US$45m

Sep 30 2020n/an/a

US$25m

Jun 30 2020n/an/a

US$12m

Mar 31 2020n/an/a

-US$632k

Dec 31 2019US$12mUS$1m

US$44m

Sep 30 2019n/an/a

US$48m

Jun 30 2019n/an/a

US$82m

Mar 31 2019n/an/a

US$88m

Dec 31 2018US$30mUS$2m

US$77m

Sep 30 2018n/an/a

-US$202m

Jun 30 2018n/an/a

-US$151m

Mar 31 2018n/an/a

-US$118m

Dec 31 2017US$16mUS$1m

-US$125m

Sep 30 2017n/an/a

US$216m

Jun 30 2017n/an/a

US$221m

Mar 31 2017n/an/a

US$209m

Dec 31 2016US$14mUS$1m

-US$6m

Compensation vs Market: Howard's total compensation ($USD13.00M) is above average for companies of similar size in the US market ($USD5.09M).

Compensation vs Earnings: Howard's compensation has been consistent with company performance over the past year.

CEO

Howard Lutnick (61 yo)

24.1yrs
Tenure
US$13,000,000
Compensation

Mr. Howard W. Lutnick is Chairman & CEO of Cantor Fitzgerald, L.P. He is Chairman, CEO & President of Rodin Income Trust, Inc. from January 2018. He joined the Rodin Income Trust, Inc. in February 2017.He...

Leadership Team

NamePositionTenureCompensationOwnership
Howard Lutnick
Chairman of the Board & CEO24.1yrsUS$13.00m4.47%
$ 90.1m
Jason Hauf
Chief Financial Officer1.1yrsUS$1.25mno data
Sean Windeatt
Executive VP14.5yrsUS$2.86mno data
Stephen Merkel
Executive VP & General Counsel24.1yrsUS$2.00m0.047%
$ 941.2k
Steven Sadoff
Chief Information Officer3.1yrsno datano data
Jason Chryssicas
Head of Investor Relations3.5yrsno datano data
Adrian Thomas
Director of Communicationsno datano datano data
Karen Laureano-Rikardsen
Chief Marketing Officerno datano datano data
Lori Pennay
Senior MD and Global Head of Human Resources & Partnership11.5yrsno datano data
Shaun Lynn
Vice Chairman2.8yrsUS$4.60mno data
Jean-Pierre Aubin
Executive MD & Co-Global Head of Brokerageno datano datano data
Louis Scotto
Chief Executive Officer of FMXno datano datano data
7.5yrs
Average Tenure
59.5yo
Average Age

Experienced Management: BGCP's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Howard Lutnick
Chairman of the Board & CEO24.1yrsUS$13.00m4.47%
$ 90.1m
David Richards
Independent Director5.6yrsUS$206.00k0.011%
$ 224.2k
Martin Laguerre
Independent Directorless than a yearno datano data
Linda Bell
Independent Director10yrsUS$221.00k0.0042%
$ 85.3k
Arthur Mbanefo
Independent Director1.8yrsUS$271.75k0.0029%
$ 59.5k
5.6yrs
Average Tenure
61yo
Average Age

Experienced Board: BGCP's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/04 04:13
End of Day Share Price 2023/06/30 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BGC Group, Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacqueline DupuisBMO Capital Markets Equity Research
Elias AbboudBofA Global Research
Daniel HarrisGoldman Sachs