The time has not yet come to remove your chips from the table: BGC Group Inc (BGC)

With 4.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.07 million shares. The 52-week range on BGC shows that it touched its highest point at $8.70 and its lowest point at $3.98 during that stretch. It currently has a 1-year price target of $8.50. With its current market cap of 2.97 billion, BGC has annualized dividend of $0.04 while the current yield stands at 0.51%. Beta for the stock currently stands at 1.54.

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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 -6.27%, but this was up by 10.68% over a month. Three-month performance surged to 13.60% while six-month performance rose 49.42%. The stock gained 53.56% in the past year, while it has gained 7.62% so far this year. A look at the trailing 12-month EPS for BGC yields 0.07 with Next year EPS estimates of 0.99. For the next quarter, that number is 0.26. This implies an EPS growth rate of 10.98% for this year and 8.79% 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 365.42 million shares on hand for trading. On Mar 15, 2024, short shares totaled 10.6 million, which was 2.15% higher than short shares on Feb 15, 2024. In addition to BTC as the firm’s BTC, BAC serves as its Bank of America Corporation.

Institutional Ownership:

Through their ownership of 69.37% of BGC’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BGC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, BGC has a current ratio of $0.04, which is $0.04 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and BGC currently yields $0.51. In the past year, BGC’s dividend yield has been $0.51, but when looking at the stock over the past five years, its yield has been $1.26. Accordingly, BGC has a current buyback yield of $6.06. This was $6.06 for the TTM, and it was $1.16 for the past five years.