BGC Partners Inc (BGCP) Files 10-K for the Fiscal Year Ended on December 31, 2018

BGC Partners Inc (BGCP, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. BGC Partners Inc is engaged in capital market operations. It caters mainly to the real estate market with products like fixed income securities, interest rate swaps, foreign exchange, equities and equity derivatives. BGC Partners Inc has a market cap of $2.07 billion; its shares were traded at around $6.13 with a P/E ratio of 10.77 and P/S ratio of 0.83. The dividend yield of BGC Partners Inc stocks is 11.75%.

For the last quarter BGC Partners Inc reported a revenue of $432.6 million, compared with the revenue of $836.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.8 billion, a decrease of 42.9% from the previous year. For the last five years BGC Partners Inc had an average revenue growth rate of 6.8% a year.

The reported diluted earnings per share was 56 cents for the year, an increase of 229.4% from previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, BGC Partners Inc has the cash and cash equivalents of $416.8 million, compared with $813.1 million in the previous year. The long term debt was $763.5 million, compared with $2 billion in the previous year. BGC Partners Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $6.13, BGC Partners Inc is traded at 13.9% premium to its historical median P/S valuation band of $5.38. The P/S ratio of the stock is 0.83, while the historical median P/S ratio is 0.72. The stock lost 19.95% during the past 12 months.

For the complete 20-year historical financial data of BGCP, click here.