NYSE:BDC - Belden Stock Price, News, & Analysis

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$54.68 -0.14 (-0.26 %)
(As of 04/26/2019 11:37 AM ET)
Previous Close$54.82
Today's Range$54.36 - $54.92
52-Week Range$37.79 - $76.39
Volume4,257 shs
Average Volume471,004 shs
Market Capitalization$2.16 billion
P/E Ratio9.03
Dividend Yield0.34%
Beta2.58
Belden Inc. operates as a signal transmission solutions company in the United States and internationally. The company operates in two segments, Enterprise Solutions and Industrial Solutions segments. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures for use in applications, such as local area networks, data centers, access control, and building automation, as well as live production and performance, video display and digital signage, and corporate communications. It also provides power, cooling, and airflow management products for mission-critical data center operations. This segment serves customers in markets comprising healthcare, education, financial, government, and corporate enterprises, as well as end-markets, including sport venues, broadcast studios, and academias. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems, including industrial and input/output (I/O) connectors, industrial cables, IP and networking cables, I/O modules, distribution boxes, ruggedized controls and sensors, and customer specific wiring solutions. This segment provides its products for use in industrial automation applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission. The company serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri.

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Industry, Sector and Symbol

Industry Nonferrous wiredrawing & insulating
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
CUSIP07745410
Phone314-854-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.59 billion
Cash Flow$10.1447 per share
Book Value$34.43 per share

Profitability

Net Income$160.89 million

Miscellaneous

Employees9,000
Market Cap$2.16 billion
Next Earnings Date5/1/2019 (Confirmed)
OptionableOptionable

Belden (NYSE:BDC) Frequently Asked Questions

What is Belden's stock symbol?

Belden trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."

How often does Belden pay dividends? What is the dividend yield for Belden?

Belden declared a quarterly dividend on Thursday, February 14th. Investors of record on Thursday, March 14th will be given a dividend of $0.05 per share on Thursday, April 4th. This represents a $0.20 annualized dividend and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, March 13th. View Belden's Dividend History.

How will Belden's stock buyback program work?

Belden declared that its board has authorized a stock buyback program on Thursday, November 29th 2018, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 13.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) announced its earnings results on Wednesday, February, 20th. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.03. The industrial products company had revenue of $655.39 million for the quarter, compared to the consensus estimate of $661.84 million. Belden had a return on equity of 21.37% and a net margin of 6.22%. Belden's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.62 EPS. View Belden's Earnings History.

When is Belden's next earnings date?

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Belden.

How can I listen to Belden's earnings call?

Belden will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8885998686.

What guidance has Belden issued on next quarter's earnings?

Belden updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $5.50-6.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.10. The company issued revenue guidance of $2.495-2.595 billion, compared to the consensus revenue estimate of $2.56 billion.Belden also updated its FY 2019 guidance to $5.50-6.15 EPS.

What price target have analysts set for BDC?

7 Wall Street analysts have issued 1 year price objectives for Belden's stock. Their forecasts range from $55.78 to $77.00. On average, they expect Belden's stock price to reach $67.21 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Belden.

What is the consensus analysts' recommendation for Belden?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Belden.

What are Wall Street analysts saying about Belden stock?

Here are some recent quotes from research analysts about Belden stock:
  • 1. According to Zacks Investment Research, "Belden Inc is engaged in the design, manufacture and retail of cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. The Company's products find its application in the industrial automation, enterprise, education, healthcare, entertainment and broadcast, sound and security, transportation, infrastructure, consumer electronics and other industries. Belden has manufacturing capabilities in North America, Europe, and Asia, and a market presence in nearly every region of the world. Belden Inc is based in St. Louis, Missouri. " (4/23/2019)
  • 2. Canaccord Genuity analysts commented, "We recently hosted investor meetings with management and come away with increased confidence in both the growth outlook for H2/18 (backlog + $30M y/y entering Q3, much easier comps) and positioning for longer-term secular drivers (industrial automation, smart buildings, rising bandwidth needs, etc.). Short interest remains elevated (we believe a potential positive catalyst), as we maintain our BUY recommendation. Broadcast at the bottom. Clearly a source of much investor consternation in recent periods (outsized vs. overall platform contribution, in our view), we believe GV has likely troughed, as big projects have largely dried up (Q1/18 faced a particularly tough comp) and current demand is much more run-rate" (while cost structure is greatly optimized for eventual upturn)." (8/22/2018)
  • 3. Guggenheim analysts commented, "We continue to forecast re-accelerating organic revs growth through FY18E and tick EPS up another +$0.02 to $6.40. Reiterate our BUY rating and $90 price target." (8/1/2018)

Has Belden been receiving favorable news coverage?

News articles about BDC stock have been trending somewhat positive on Friday, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Belden earned a news impact score of 2.0 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near term.

Who are some of Belden's key competitors?

What other stocks do shareholders of Belden own?

Who are Belden's key executives?

Belden's management team includes the folowing people:
  • Mr. John S. Stroup, Pres, CEO & Chairman (Age 53)
  • Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 50)
  • Mr. Dhrupad Trivedi, Exec. VP & CTO (Age 52)
  • Mr. Roel Vestjens, Exec. VP of Industrial Solutions (Age 44)
  • Mr. Glenn Pennycook, Exec. VP of Enterprise Solutions (Age 57)

Who are Belden's major shareholders?

Belden's stock is owned by many different of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.31%), Foundry Partners LLC (0.31%), Strs Ohio (0.15%), Retirement Systems of Alabama (0.13%), BNP Paribas Arbitrage SA (0.02%) and Virtu Financial LLC (0.01%). Company insiders that own Belden stock include Bryan C Cressey, Henk Derksen, John S Stroup, Paul Keith Turner, Roel Vestjens and Ross Rosenberg. View Institutional Ownership Trends for Belden.

Which institutional investors are selling Belden stock?

BDC stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Smith Graham & Co. Investment Advisors LP and Retirement Systems of Alabama. View Insider Buying and Selling for Belden.

Which institutional investors are buying Belden stock?

BDC stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, BNP Paribas Arbitrage SA, Virtu Financial LLC, Pennsylvania Trust Co and Pennsylvania Trust Co. Company insiders that have bought Belden stock in the last two years include Bryan C Cressey, Henk Derksen, John S Stroup and Roel Vestjens. View Insider Buying and Selling for Belden.

How do I buy shares of Belden?

Shares of BDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Belden's stock price today?

One share of BDC stock can currently be purchased for approximately $54.68.

How big of a company is Belden?

Belden has a market capitalization of $2.16 billion and generates $2.59 billion in revenue each year. The industrial products company earns $160.89 million in net income (profit) each year or $6.06 on an earnings per share basis. Belden employs 9,000 workers across the globe.

What is Belden's official website?

The official website for Belden is http://www.belden.com.

How can I contact Belden?

Belden's mailing address is 1 NORTH BRENTWOOD BLVD 15TH FLOOR, ST. LOUIS MO, 63105. The industrial products company can be reached via phone at 314-854-8000 or via email at [email protected]


MarketBeat Community Rating for Belden (NYSE BDC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  315 (Vote Outperform)
Underperform Votes:  297 (Vote Underperform)
Total Votes:  612
MarketBeat's community ratings are surveys of what our community members think about Belden and other stocks. Vote "Outperform" if you believe BDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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