Ultime notizie per BGC Group (NASDAQ:BGC) Azioni

BGC Group

General Cable Corporation Common Stock

General Cable

General Cable Corporation

NYSE

BGC Partners

BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.

BGC Group Inc

BAILLIE GIFFORD CH GRTH by BAILLIE GIFFORD CHINA GROWTH TR PLC

BEGA CHEESE LTD UNSP/ADR by Bega Cheese Ltd

Bega Cheese Ltd

Macro uncertainty has delayed the timeline for an IPO comeback, but there remains substantial pent-up supply for equity issuance.
That&#8217;s according to BofA Securities analyst Craig Siegenthaler, who <a href="https://www.benzinga.com/topic/exchanges" target="_blank" rel="noreferrer noopener">maintained all of his</a> ratings and continues to look for a reopening in the second half of 2025. 
This will restart Nasdaq, Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) strategic flywheel across listings, trading, and corporate services, he says.
Also Read: <a href="https://www.benzinga.com/government/regulations/25/03/44190371/nasdaq-plans-24-hour-trading-to-tap-global-investor-demand" target="_blank" rel="noreferrer noopener">Nasdaq Plans 24-Hour Trading To Tap Global Investor Demand</a>
Siegenthaler continued to forecast the highest 12-month upside for: 
<ul>
<li>Tradeweb Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>); Buy rating, price target $212 from $197.</li>
<li>BGC Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>); Buy rating, price target $15 from $16.</li>
<li>Nasdaq; Buy rating, price target $105 from $103.</li>
<li>Cboe Global Markets, Inc (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>); Buy rating, price target $260 from $251.</li>
</ul>
There is a significant runway left in the electronification of fixed-income markets at Tradeweb Markets, and given their considerable rates business, the analyst noted that Tradeweb Markets will capitalize on the political uncertainty in Washington.
Siegenthaler will look for BGC Group to launch Treasury futures within days and expect their share of the $2 billion revenue per year interest rate futures market to continue accelerating, surpassing 10% in 2027.
The increasingly uncertain macroeconomic and geopolitical backdrop produced ideal conditions for trading across asset classes. 
Accordingly, Siegenthaler raised EPS for his entire market structure coverage. While the analyst expects some downward normalization in volumes into the second half of 2025 (in parallel with a pickup in IPOs), ongoing geopolitical uncertainty will remain an important trading catalyst.
Given his view of second-half normalizations, we are less bullish on Exchange stocks (which outperformed) than the Alts and Brokers.
With market structure stocks up 8% on average in the first quarter of 2025, Nasdaq and Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) — Buy rating, price target $48 from $56 — have lagged the group.
Nevertheless, the analyst forecasted over 10% first-quarter 2025 EPS beats for both stocks.
Both companies have benefitted from the surge in equity volume in the first quarter of 2025.
Assets under management linked to the Nasdaq-100 have faced beta headwinds related to the choppy equity markets year-to-date. One-third of their indexing revenue is derived from Nasdaq-100 futures, which posted their strongest growth quarter in years (up 38% sequentially) and are seeing strong adoption at the online brokers. In addition, the annual listing price hike (estimated 5%) should more than offset any delisting headwinds. 
Meanwhile, Virtu Financial should also see solid results across its organic initiatives, with industry volumes in options, ETFs, and fixed income higher sequentially.
MarketAxess Holdings, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>) — Underperform rating, price target $191 from $189 — rallied 12% in March. 
Investors embedded an industrywide mix shift into A2A RFQ, where they are dominant. Siegenthaler noted that portfolio trading (PT) and D2D trading have also logged impressive volumes month-to-date, up 18% and 11% month-on-month (versus +9% for TRACE).
Tradeweb Markets remains dominant in both of these market segments. Accordingly, the analyst does not expect MarketAxess Holdings to post higher market share gains than Tradeweb Markets in March. Meanwhile, Intercontinental Exchange Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) — Buy rating, price target $230 from $237 — will likely experience near-term cyclical headwinds in its mortgage and listing business.
Cboe Global Markets, Inc (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>) — Buy rating, price target $260 from $251 — and Tradeweb Markets could see a sequentially adverse product mix shift, given a lower contribution from SPX and muni bonds. 
Futures and index options usage CME Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>) — Underperform rating, price target $219 from $200 — and Cboe Global Markets on Robinhood is ramping nicely. La Nina has been a helpful catalyst for commodity futures. The Mr. Cooper and Rocket Mortgage deal will cost Intercontinental Exchange approximately 410 bps of servicing share and 130 bps of origination share, which the analyst noted amounts to a $72 million headwind.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/media/25/04/44608574/chip-giants-arm-qualcomm-target-alphawave-to-capture-ai-success-like-broadcom" target="_blank" rel="noreferrer noopener">Chip Giants Arm, Qualcomm Target Alphawave To Capture AI Success Like Broadcom</a></li>
</ul>
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News

Price Target

Reiteration

IPOs

Analyst Ratings

Trading Ideas

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Tradeweb, Nasdaq, Virtu, ICE, BGC Group, Cboe Set To Benefit From IPO Comeback: Analyst

B of A Securities analyst Eli Abboud maintains BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) with a Buy and lowers the price target from $16 to $15.

B of A Securities Maintains Buy on BGC Group, Lowers Price Target to $15

Guidance

BGC Group Reaffirmed Previously Stated Q1 Revenue And Adj. EPS Outlook Ranges

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Brighthouse Financial, Inc. - Common Stock

Bakkt Holdings, Inc. Class A Common Stock

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PowerShares Exchange Traded Fund Trust Dynamic Mid Cap Value Portfolio

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Shares of companies within the broader financial sector are trading lower amid economic worries driven by tariffs and trade policies. Investors may be expecting a decline in investment and consumer spending, which may also be weighing on the industry.

BGC Group shares are trading higher after B of A Securities initiated coverage on the stock with a Buy rating and announced a price target of $16.

B of A Securities analyst Eli Abboud initiates coverage on BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) with a Buy rating and announces Price Target of $16.

Initiation

B of A Securities Initiates Coverage On BGC Group with Buy Rating, Announces Price Target of $16

Mr. Windeatt will retain his role as Chief Operating Officer
Appointments position BGC to build upon its extraordinary performance

Reported Earlier, BGC Group Names Abularrage, Aubin, And Windeatt As Co-CEOs Following Howard Lutnick's Departure

BGC Group Projects Q1 Revenues Of $610M-$660M Vs. $646M Estimate

BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) reported quarterly earnings of $0.25 per share which met the analyst consensus estimate. This is a 19.05 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $527.600 million which missed the analyst consensus estimate of $570.000 million by 7.44 percent. This is a 2.10 percent increase over sales of $516.760 million the same period last year.

Earnings

Earnings Misses

BGC Group Q4 2024 Adj. EPS $0.25, Inline, Sales $527.600M Miss $570.000M Estimate

<h3>Companies Reporting Before The Bell</h3>
• American Axle &amp; Mfg Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXL#NYSE">AXL</a>) is likely to report quarterly loss at $0.16 per share on revenue of $1.39 billion. 
• Newmark Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRK#NASDAQ">NMRK</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $790.76 million. 
• Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $4.78 billion. 
• Treehouse Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THS#NYSE">THS</a>) is projected to report quarterly earnings at $0.97 per share on revenue of $907.90 million. 
• Moderna (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) is expected to report quarterly loss at $2.72 per share on revenue of $951.09 million. 
• TC Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $2.43 billion. 
• Essent Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESNT#NYSE">ESNT</a>) is estimated to report quarterly earnings at $1.65 per share on revenue of $313.88 million. 
• Fortis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTS#NYSE">FTS</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $2.08 billion. 
• MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is estimated to report quarterly earnings at $1.52 per share on revenue of $10.32 billion. 
• Magna International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGA#NYSE">MGA</a>) is likely to report quarterly earnings at $1.52 per share on revenue of $10.32 billion. 
• Marcus &amp; Millichap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMI#NYSE">MMI</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $199.80 million. 
• AMC Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMCX#NASDAQ">AMCX</a>) is estimated to report quarterly earnings at $1.05 per share on revenue of $611.26 million. 
• Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) is likely to report earnings for its third quarter. 
• BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) is likely to report quarterly earnings at $0.25 per share on revenue of $570.00 million. 
• Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $663.32 million. 
• Sensient Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SXT#NYSE">SXT</a>) is expected to report quarterly earnings at $0.64 per share on revenue of $375.10 million. 
<h3>Companies Reporting After The Bell</h3>
• Clipper Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLPR#NYSE">CLPR</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $38.70 million. 
• SolarBank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SUUN#NASDAQ">SUUN</a>) is expected to report quarterly loss at $0.01 per share on revenue of $16.44 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For February 14, 2025

BGC Group Reaffirms Previously Stated Outlook Ranges For Revenue And Pre-Tax Adjusted Earnings For Q4

<ul>
<li>Sale demonstrates BGC's commitment to unlocking value for shareholders</li>
<li>BGC sells Capitalab for $46 million in gross proceeds, representing a revenue multiple of approximately 7.5 times</li>
</ul>

BGC Group Announces $46M Sale Of Capitalab To Capitolis, Boosting Shareholder Value

BGC Group shares are trading lower after CEO Howard W. Lutnick announced President-elect Trump's plan to nominate him as Secretary of Commerce. Lutnick intends to step down from positions at Cantor, BGC and Newmark and divest interests.

BGC Group's Howard Lutnick To Divest Interests And Step Down From Roles At Cantor, BGC, And Newmark Pending Senate Confirmation; Corporate Structure To Remain Unchanged With John Abularrage, Jean-Pierre Aubin, And Sean Windeatt Recommended As Co-CEOs

BGC Group shares are trading lower following a report suggesting president-elect Trump is expected to nominate Chairman and CEO Howard Lutnick as Secretary of Commerce

Piper Sandler analyst Patrick Moley maintains BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) with a Overweight and raises the price target from $11.5 to $12.

Piper Sandler Maintains Overweight on BGC Group, Raises Price Target to $12

BGC Group shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 sales guidance above estimates.

BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) sees Q4 sales of $545.000 million-595.000 million vs $538.90 million estimate.

BGC Group Sees Q4 Sales $545.000M-595.000M vs $538.90M Est

BGC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGC#NASDAQ">BGC</a>) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.23 by 13.04 percent. This is a 36.84 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $561.11 million which beat the analyst consensus estimate of $543.00 million by 3.34 percent. This is a 16.25 percent increase over sales of $482.69 million the same period last year.

Earnings Beats

BGC Group Q3 Adj $0.26 Beats $0.23 Estimate, Sales $561.11M Beat $543.00M Estimate

BGC Group Option Alert: Sweep Of 2,000 Nov 15 $10 Calls Near Ask At $0.25, Against 5,296 Open Interest; Stock Ref $9.44

Fintech

Press Releases

BGC Group unlocks value for shareholders with the sale of Rates Compression business Capitalab

Mike Whitaker joins BGC Group as Global Chief Information Officer and member of Executive Committee

BGC Group Updates its Outlook for the Fourth Quarter of 2024

BGC Group to Report Fourth Quarter 2024 Financial Results on February 14, 2025

Dividends

BGC Reports Fourth Quarter and Full Year 2024 Financial Results

Howard Lutnick Confirmed as 41st United States Secretary of Commerce; Steps Down as BGC Group Chairman of the Board and Chief Executive Officer

BGC Group announces John Abularrage, JP Aubin, and Sean Windeatt appointed Co-Chief Executive Officers

Stephen Merkel named Chairman of BGC Group's Board of Directors

BGC Group Updates its Outlook for the First Quarter of 2025

Commodities

BGC Group completes acquisition of OTC Global Holdings

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