Belden Stock Price, News & Analysis (NYSE:BDC)

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BDC shares.
View BDC analyst ratings or view top-rated stocks.

6 equities research analysts have issued 12 month price targets for Belden's shares. Their BDC share price targets range from $91.00 to $118.00. On average, they expect the company's share price to reach $107.40 in the next twelve months. This suggests a possible upside of 55.7% from the stock's current price.
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Belden's stock was trading at $71.90 at the beginning of 2023. Since then, BDC stock has decreased by 4.0% and is now trading at $68.99.
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Belden saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 818,200 shares, a decline of 26.9% from the October 15th total of 1,120,000 shares. Based on an average trading volume of 331,600 shares, the short-interest ratio is currently 2.5 days. Currently, 2.0% of the shares of the stock are short sold.
View Belden's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our BDC earnings forecast.

Belden Inc. (NYSE:BDC) issued its earnings results on Thursday, November, 2nd. The industrial products company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.02. The industrial products company had revenue of $626.81 million for the quarter, compared to analysts' expectations of $628 million. Belden had a trailing twelve-month return on equity of 26.52% and a net margin of 10.16%.

Belden announced a quarterly dividend on Thursday, November 30th. Investors of record on Thursday, December 14th will be given a dividend of $0.05 per share on Tuesday, January 9th. This represents a $0.20 annualized dividend and a yield of 0.29%. The ex-dividend date is Wednesday, December 13th.
Read our dividend analysis for BDC.

Belden (NYSE:BDC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.29%. The dividend payout ratio is 3.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BDC will have a dividend payout ratio of 3.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BDC.

ETFs with the largest weight of Belden (NYSE:BDC) stock in their portfolio include Invesco Next Gen Connectivity ETF (PXQ), Global X Internet of Things Thematic ETF (SNSR), Acruence Active Hedge U.S. Equity ETF (XVOL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), T. Rowe Price Small-Mid Cap ETF (TMSL), First Trust Active Factor Small Cap ETF (AFSM) and First Trust Mid Cap Growth AlphaDEX Fund (FNY).First Trust Active Factor Mid Cap ETF (AFMC).

Belden updated its fourth quarter earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $1.05 to $1.20 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of $510 million to $530 million, compared to the consensus revenue estimate of $617.06 million.

1 employees have rated Belden Chief Executive Officer Roel Vestjens on Glassdoor.com. Roel Vestjens has an approval rating of 100% among the company's employees. This puts Roel Vestjens in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Belden investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and AutoZone (AZO).

Belden's stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.66%), Boston Partners (3.32%), FMR LLC (2.46%), Fuller & Thaler Asset Management Inc. (2.35%), Wellington Management Group LLP (2.01%) and Bank of New York Mellon Corp (1.94%). Insiders that own company stock include Anshuman Mehrotra, Ashish Chand, Brian Lieser, Doug Zink, John S Stroup, Jonathan C Klein, Judy L Brown, Leah Tate and Roel Vestjens.
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Shares of BDC 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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