Press coverage about General Cable Corporation (NYSE:BGC) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. General Cable Corporation earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 47.2173756987161 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

General Cable Corporation (NYSE BGC) opened at 17.40 on Friday. The stock has a 50 day moving average price of $17.55 and a 200-day moving average price of $17.34. The firm’s market capitalization is $865.72 million. General Cable Corporation has a one year low of $11.70 and a one year high of $20.80.

General Cable Corporation (NYSE:BGC) last issued its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.12. The company had revenue of $943.10 million during the quarter. General Cable Corporation had a negative net margin of 4.80% and a positive return on equity of 13.47%. On average, equities analysts forecast that General Cable Corporation will post $0.75 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Thursday, September 7th. General Cable Corporation’s dividend payout ratio (DPR) is currently -20.17%.

Separately, BidaskClub raised General Cable Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. General Cable Corporation has a consensus rating of “Hold”.

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General Cable Corporation Company Profile

General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company’s segments include North America, Europe, Latin America, and Africa/Asia Pacific.

Insider Buying and Selling by Quarter for General Cable Corporation (NYSE:BGC)

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