Bel Fuse - BELFB Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bel Fuse in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BELFB shares.
View BELFB analyst ratings or view top-rated stocks.

1 analysts have issued twelve-month target prices for Bel Fuse's stock. Their BELFB share price forecasts range from $38.00 to $38.00. On average, they expect the company's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
View analysts price targets for BELFB or view top-rated stocks among Wall Street analysts.

Bel Fuse's stock was trading at $12.93 at the beginning of 2022. Since then, BELFB stock has increased by 166.7% and is now trading at $34.48.
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Bel Fuse saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 123,600 shares, an increase of 15.7% from the October 31st total of 106,800 shares. Based on an average trading volume of 89,400 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.2% of the company's shares are short sold.
View Bel Fuse's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our BELFB earnings forecast.

Bel Fuse Inc. (NASDAQ:BELFB) issued its earnings results on Thursday, October, 28th. The electronics maker reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.20. The electronics maker earned $146.97 million during the quarter. Bel Fuse had a trailing twelve-month return on equity of 22.07% and a net margin of 7.38%.

Bel Fuse announced a quarterly dividend on Tuesday, November 1st. Shareholders of record on Friday, January 13th will be given a dividend of $0.07 per share on Wednesday, February 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, January 12th.
Read our dividend analysis for BELFB.

Bel Fuse (NASDAQ:BELFB) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.74%. The dividend payout ratio is 7.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BELFB will have a dividend payout ratio of 6.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BELFB.

Bel Fuse trades on the NASDAQ under the ticker symbol "BELFB."

Bel Fuse's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.63%), Vanguard Group Inc. (5.27%), Renaissance Technologies LLC (3.63%), Portolan Capital Management LLC (2.53%), BlackRock Inc. (2.10%) and LSV Asset Management (1.92%). Insiders that own company stock include Craig Brosious, Daniel Bernstein, Farouq Salem Ali Tuweiq, Raymond Cheung and Sherry L Urban.
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Shares of BELFB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BELFB stock can currently be purchased for approximately $34.48.

Bel Fuse (NASDAQ:BELFB) has a market capitalization of $430.31 million and generates $543.49 million in revenue each year. The electronics maker earns $24.82 million in net income (profit) each year or $3.77 on an earnings per share basis.

The company employs 6,300 workers across the globe.

Bel Fuse's mailing address is 206 VAN VORST ST., JERSEY CITY NJ, 07302. The official website for the company is www.belfuse.com. The electronics maker can be reached via phone at (201) 432-0463, via email at ir@belf.com, or via fax at 201-432-9542.