Media coverage about General Cable Corporation (NYSE:BGC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. General Cable Corporation earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.8727846974745 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Separately, BidaskClub cut General Cable Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd.

Shares of General Cable Corporation (BGC) opened at 18.90 on Friday. The firm’s market capitalization is $940.35 million. The company has a 50-day moving average price of $17.81 and a 200 day moving average price of $17.25. General Cable Corporation has a 52-week low of $11.70 and a 52-week high of $20.80.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Thursday, September 7th. General Cable Corporation’s payout ratio is currently -20.17%.

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About General Cable Corporation

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.

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