Latest news with #BGCGroup
Business Wire
2 days ago
- Business
- Business Wire
BGC Group Announces Schedule Update for Piper Sandler Global Exchange & Trading Conference on June 5, 2025
NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that two of its Co-CEOs, John Abularrage and Sean Windeatt, will now present at the Piper Sandler Global Exchange & Trading Conference, at 2:00 p.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Inc. BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are 'forward-looking statements' that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Yahoo
6 days ago
- Business
- Yahoo
BGC Group (NASDAQ:BGC) Has Affirmed Its Dividend Of $0.02
BGC Group, Inc.'s (NASDAQ:BGC) investors are due to receive a payment of $0.02 per share on 10th of June. This payment means the dividend yield will be 0.9%, which is below the average for the industry. We've discovered 2 warning signs about BGC Group. View them for free. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. However, prior to this announcement, BGC Group's dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. The next year is set to see EPS grow by 66.6%. If the dividend continues along recent trends, we estimate the payout ratio will be 14%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for BGC Group Although the company has a long dividend history, it has been cut at least once in the last 10 years. The annual payment during the last 10 years was $0.48 in 2015, and the most recent fiscal year payment was $0.08. Dividend payments have fallen sharply, down 83% over that time. A company that decreases its dividend over time generally isn't what we are looking for. With a relatively unstable dividend, and a poor history of shrinking dividends, it's even more important to see if EPS is growing. It's encouraging to see that BGC Group has been growing its earnings per share at 14% a year over the past five years. BGC Group definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. Overall, we think that this is a great income investment, and we think that maintaining the dividend this year may have been a conservative choice. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Just as an example, we've come across 2 warning signs for BGC Group you should be aware of, and 1 of them doesn't sit too well with us. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
22-05-2025
- Business
- Yahoo
BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2025
Webcast Available for Investors NEW YORK, May 22, 2025--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that its Co-CEOs, John Abularrage and Sean Windeatt, are scheduled to present at the Piper Sandler Global Exchange & Trading Conference at 8:30 a.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGCStatements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. View source version on Contacts Media Contact: Erica Chase+1 212-610-2419Investor Contact: Jason Chryssicas+1 212-610-2426 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
BGC Group to Present at the Piper Sandler Global Exchange & Trading Conference on June 5, 2025
NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) today announced that its Co-CEOs, John Abularrage and Sean Windeatt, are scheduled to present at the Piper Sandler Global Exchange & Trading Conference at 8:30 a.m. ET on Thursday, June 5, 2025. A live webcast of the event will be made available at A replay of the event will also be made available at the same site for a period of 365 days after the conference. Statements made during the webcast may include forward-looking statements about the Company. About BGC Group, Inc. BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are 'forward-looking statements' that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Yahoo
20-05-2025
- Business
- Yahoo
Why BGC Group Inc. (BGC) Surged Today
We recently published a list of . In this article, we are going to take a look at where BGC Group, Inc. (NASDAQ:BGC) stands against other stocks that stole the show today. Ten mid-cap companies from diverse sectors stood out on Monday, outperforming the lackluster performance of major indices, thanks to a flurry of corporate developments that sparked investor appetite. While the firms boasted between 5 and 14 percent gains, the Dow Jones rose by only 0.32 percent, while the S&P 500 and the tech-heavy Nasdaq each inched up by 0.09 percent and 0.02 percent, respectively. In this article, we list the names of the top-performing stocks and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A portrait of a successful businessman looking up with confidence and optimism, surrounded by financial reports. BGC Group grew its share prices by 8.9 percent on Monday to end at $10.03 apiece following news that it agreed to repurchase more than 16.4 million common shares beneficially owned by US Secretary of Commerce and former chairman and CEO, Howard Lutnick. In a statement, BGC Group, Inc. (NASDAQ:BGC) said it agreed to buy back the shares at a price of $9.2082 apiece for a total of $151 million, in furtherance of Lutnick's US government ethics agreement. 'Repurchasing more than 16.4 million of our shares demonstrates our commitment to shareholder capital return,' said BGC Group, Inc. (NASDAQ:BGC) CFO Jason Hauf 'Given our record first quarter results and anticipated strong cash flow generation this year, we believe buying back our shares in this highly efficient manner is a great use of our capital that delivers strong value creation to our shareholders.' The transaction divested Lutnick's ownership, voting, and economic interests in the company. Overall, BGC ranks 3rd on our list of stocks that stole the show today. While we acknowledge the potential of BGC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than BGC but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
