NYSE:BDC

Belden (BDC) Stock Forecast, Price & News

$96.49

+0.20 (+0.21%)

(As of 12:02 PM ET)

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Today's Range: $95.65
▼
$97.17
50-Day Range: $85.34
▼
$97.64
52-Week Range: $58.53
▼
$99.13

Volume: 48,201 shs
Average Volume: 262,412 shs
Market Capitalization: $4.08 billion

P/E Ratio: 14.40
Dividend Yield: 0.21%
Price Target: $109.00

Belden MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 13.0% Upside
$109.00 Price Target
Short Interest: Bearish
2.25% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.85
Upright™ Environmental Score
News Sentiment: 0.73
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.25%
From $7.27 to $7.87 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Industrial Products Sector

83rd out of 179 stocks

Nonferrous Wiredrawing & Insulating Industry

2nd out of 2 stocks

2.4

Analyst's Opinion

Consensus Rating
Belden has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $109.00, Belden has a forecasted upside of 13.0% from its current price of $96.49.
Amount of Analyst Coverage
Belden has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.25% of the float of Belden has been sold short.
Short Interest Ratio / Days to Cover
Belden has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Belden has recently increased by 6.62%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Belden has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Belden does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Belden is 2.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Belden will have a dividend payout ratio of 2.54% next year. This indicates that Belden will be able to sustain or increase its dividend.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Belden has received a 33.03% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Routers", "Network switches", and "Fibre-optic cables used for internet provision" products. See details.
Environmental Sustainability
The Environmental Impact score for Belden is -1.85.

2.6

News and Social Media Coverage

News Sentiment
Belden has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Belden this week, compared to 4 articles on an average week.
Search Interest
Only 3 people have searched for BDC on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
5 people have added Belden to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Belden insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.42% of the stock of Belden is held by insiders.
Percentage Held by Institutions
99.16% of the stock of Belden is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Belden are expected to grow by 8.25% in the coming year, from $7.27 to $7.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Belden is 14.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Belden is 14.40, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.22.
Price to Book Value per Share Ratio
Belden has a P/B Ratio of 3.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Belden (NYSE:BDC) Stock

Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. This segment serves commercial real estate, hospitality, healthcare, education, financial, government, and broadband and wireless service providers, as well as end-markets, including sport venues, stadiums, data centers, military installations, and academia. The Industrial Automation Solutions segment offers infrastructure components and on-machine connectivity systems; and industrial Ethernet switches, network management software, routers, firewalls, gateways, input/output (I/O) connectors/systems, industrial Ethernet cables, optical fiber industrial Ethernet cables, Fieldbus cables, IP and networking cables, I/O modules, distribution boxes, and customer specific wiring solutions. This segment provides its products for use in applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission; and supplies heat-shrinkable tubing and wire management products to protect and organize wire and cable assemblies. It 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.

BDC Price History

30 days | 90 days | 365 days | Advanced Chart

BDC Stock News Headlines

September 29, 2023 | americanbankingnews.com

Belden (NYSE:BDC) Now Covered by Analysts at UBS Group

September 27, 2023 | msn.com

UBS Initiates Coverage of Belden (BDC) with Buy Recommendation

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

September 26, 2023 | money.usnews.com

Belden Inc

September 25, 2023 | finance.yahoo.com

Belden, a Leader in Innovation for Over 120 Years, Announces Inaugural Joseph C. Belden Innovation Award

September 21, 2023 | finance.yahoo.com

Hirschmann OpEdge-8D is Now a Microsoft Azure Certified Device

September 21, 2023 | americanbankingnews.com

Analysts Set Belden Inc. (NYSE:BDC) Price Target at $107.80

September 17, 2023 | latimes.com

Coma to comeback: Brayden Belden ‘on top of the world’ with Brooks Street surfing success

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

September 7, 2023 | finance.yahoo.com

Here's Why 'Trend' Investors Would Love Betting on Belden (BDC)

September 6, 2023 | seekingalpha.com

Belden: Dividend, Buybacks, Economic Leverage - An Attractive Trio To Compound Intrinsic Value

September 5, 2023 | msn.com

Goldman Sachs Upgrades Belden (BDC)

August 30, 2023 | finance.yahoo.com

Belden Launches New Solutions to Boost Uptime and Improve Network Connectivity

August 22, 2023 | finance.yahoo.com

New Field-Termination Connectivity for Belden OptiTuff® Mini Fiber Cables Supports Fast, Easy Installation

August 15, 2023 | markets.businessinsider.com

Loop Capital Markets Reaffirms Their Buy Rating on Belden (BDC)

August 10, 2023 | finance.yahoo.com

Down -11.65% in 4 Weeks, Here's Why You Should You Buy the Dip in Belden (BDC)

August 9, 2023 | finance.yahoo.com

New Belden Tubbesing Partnership Accelerates Technical Capabilities in the US Southwest Region

August 6, 2023 | finance.yahoo.com

Belden Inc. (NYSE:BDC) Shares Could Be 34% Below Their Intrinsic Value Estimate

August 6, 2023 | seekingalpha.com

Belden Inc. 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | stocknews.com

Is Now the Time to Invest in These 3 Industrial Stocks?

August 3, 2023 | washingtonpost.com

Belden: Q2 Earnings Snapshot

July 18, 2023 | finance.yahoo.com

Belden is certified as a Great Place to Work

July 17, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging Belden (BDC) This Year?

July 15, 2023 | nasdaq.com

Truist Securities Maintains Belden (BDC) Buy Recommendation

July 14, 2023 | msn.com

Chip Stocks Mixed After Truist Releases Report

July 13, 2023 | finance.yahoo.com

Belden to Report Second Quarter 2023 Results on August 3

July 9, 2023 | finance.yahoo.com

Can Belden Inc.'s (NYSE:BDC) ROE Continue To Surpass The Industry Average?

See More Headlines

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BDC Company Calendar

Ex-Dividend for 7/6 Dividend: 6/14/2023
Dividend Payable: 7/06/2023
Last Earnings: 8/03/2023
Ex-Dividend for 10/5 Dividend: 9/12/2023
Today: 9/29/2023
Dividend Payable: 10/05/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Nonferrous wiredrawing & insulating
Sub-Industry: Electrical Components & Equipment
Sector: Industrial Products
Current Symbol: NYSE:BDC
CUSIP: 07745410
CIK: 913142
Web: www.belden.com
Phone: (314) 854-8000
Fax: 314-854-8001
Employees: 8,000
Year Founded: 1902

Price Target and Rating

Average Stock Price Forecast: $109.00
High Stock Price Forecast: $118.00
Low Stock Price Forecast: $86.00
Forecasted Upside/Downside: +13.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.70
Trailing P/E Ratio: 14.37
Forward P/E Ratio: 13.25
P/E Growth: N/A
Net Income: $254.66 million
Net Margins: 10.97%
Pretax Margin: 13.29%
Return on Equity: 27.11%
Return on Assets: 10.06%

Debt

Debt-to-Equity Ratio: 1.02
Current Ratio: 2.53
Quick Ratio: 1.92

Sales & Book Value

Annual Sales: $2.61 billion
Price / Sales: 1.56
Cash Flow: $9.12 per share
Price / Cash Flow: 10.56
Book Value: $26.72 per share
Price / Book: 3.60

Miscellaneous

Outstanding Shares: 42,300,000
Free Float: 41,696,000
Market Cap: $4.07 billion
Optionable: Optionable
Beta: 1.31

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Key Executives

Dr. Ashish Chand (Age 48)
Pres, CEO & Director
Comp: $1.8M

Mr. Jeremy E. Parks (Age 47)
Sr. VP of Fin. & CFO
Comp: $1.4M

Mr. Brian Edward Anderson (Age 48)
Sr. VP of Legal, Gen. Counsel & Corp. Sec.
Comp: $1.14M

Mr. Douglas R. Zink (Age 47)
VP & Chief Accounting Officer

Aaron Reddington
VP Investor Relations

Leah Tate
Sr. VP of HR

Mr. Hiran Bhadra
Sr. VP of Strategy

Mr. Jay Wirts
Exec. VP of Enterprise Solutions

Mr. Brian Lieser (Age 57)
Exec. VP of Industrial Automation Solutions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BDC Stock - Frequently Asked Questions

Should I buy or sell Belden stock right now?: 6 Wall Street 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 analysts is that investors should "moderate buy" BDC shares.
View BDC analyst ratings or view top-rated stocks.
What is Belden's stock price forecast for 2023?: 6 brokers have issued 12-month price objectives for Belden's shares. Their BDC share price forecasts range from $86.00 to $118.00. On average, they predict the company's stock price to reach $109.00 in the next year. This suggests a possible upside of 13.2% from the stock's current price.
View analysts price targets for BDC or view top-rated stocks among Wall Street analysts.
How have BDC shares performed in 2023?: Belden's stock was trading at $71.90 at the beginning of the year. Since then, BDC stock has increased by 33.9% and is now trading at $96.30.
View the best growth stocks for 2023 here.
Are investors shorting Belden?: Belden saw a increase in short interest in September. As of September 15th, there was short interest totaling 934,700 shares, an increase of 6.6% from the August 31st total of 876,700 shares. Based on an average daily trading volume, of 224,600 shares, the short-interest ratio is currently 4.2 days. Approximately 2.3% of the company's stock are sold short.
View Belden's Short Interest.
When is Belden's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our BDC earnings forecast.
How were Belden's earnings last quarter?: Belden Inc. (NYSE:BDC) released its quarterly earnings results on Thursday, August, 3rd. The industrial products company reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.16. The industrial products company had revenue of $692.25 million for the quarter, compared to the consensus estimate of $687.49 million. Belden had a net margin of 10.97% and a trailing twelve-month return on equity of 27.11%. Belden's revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.60 earnings per share.
How often does Belden pay dividends? What is the dividend yield for Belden?: Belden announced a quarterly dividend on Monday, August 21st. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.05 per share on Thursday, October 5th. This represents a $0.20 annualized dividend and a yield of 0.21%. The ex-dividend date is Tuesday, September 12th.
Read our dividend analysis for BDC.
What ETFs hold Belden's stock?: 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).
Is Belden a good dividend stock?: Belden (NYSE:BDC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 2.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BDC will have a dividend payout ratio of 2.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BDC.

What guidance has Belden issued on next quarter's earnings?: Belden updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $1.75-$1.85 for the period, compared to the consensus estimate of $1.85. The company issued revenue guidance of $675.00 million-$690.00 million, compared to the consensus revenue estimate of $703.62 million.
What is Roel Vestjens' approval rating as Belden's CEO?: 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.
What other stocks do shareholders of Belden own?: 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).
What is Belden's stock symbol?: Belden trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."
How do I buy shares of Belden?: 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.
Compare Top Brokerages Here.
What is Belden's stock price today?: One share of BDC stock can currently be purchased for approximately $96.30.
How much money does Belden make?: Belden (NYSE:BDC) has a market capitalization of $4.07 billion and generates $2.61 billion in revenue each year. The industrial products company earns $254.66 million in net income (profit) each year or $6.70 on an earnings per share basis.
How many employees does Belden have?: The company employs 8,000 workers across the globe.
Does Belden have any subsidiaries?: The following companies are subsidiares of Belden: Alpha Wire, BDX Mexico Holdings S. de R.L de C.V., Belden 1993 LLC, Belden AB, Belden Asia (Hong Kong) Limited, Belden Asia (Thailand) Company Limited, Belden Australia Pty Ltd., Belden CDT European Shared Services B.V., Belden CDT International Inc., Belden Canada Finance 1 ULC, Belden Canada Finance 2 ULC, Belden Canada Finance 2013 LP, Belden Canada Holding B.V., Belden Canada ULC, Belden Cekan A/S, Belden Commercial Services B.V., Belden Cyprus Limited, Belden Deutschland GmbH, Belden Deutschland Holding GmbH, Belden Electronics Argentina S.A., Belden Electronics GmbH, Belden Electronics S.A. de C.V., Belden Europe B.V., Belden Finance 2013 LP, Belden Finance 2016 LLC, Belden France SAS, Belden Global Holdings B.V., Belden Global LP, Belden Hirschmann Industries (Suzhou) Limited, Belden Hirschmann Solutions (Shanghai) Company Limited, Belden Holdings Inc., Belden Holdings Ltda., Belden Iberia SL, Belden India Private Limited, Belden International Holdings B.V., Belden Italia SRL, Belden LRC Mexico S. de R.L. de C.V., Belden Lux Holdings S.a.r.l., Belden Luxembourg S.a.r.l., Belden Mexico Enterprises Limited, Belden Netherlands B.V., Belden Signal Solutions B.V., Belden Singapore Private Limited, Belden Solutions Asia Limited, Belden Solutions B.V., Belden Switzerland GmbH, Belden Technologies Co. Limited, Belden Technologies Ireland DAC, Belden Technologies LLC, Belden Technologies Peru S.r.l., Belden UK Holdings Limited, Belden UK Limited, Belden Wire & Cable B.V., Belden Wire & Cable Company LLC, Belden de Sonora S.A. de C.V., Belden-Duna Kabel Kft, Byres Security Inc., CDT International Holdings LLC, Cable Design Technologies, Coast Wire & Plastic Tech LLC, Coast Wire and Plastic Tech. LLC, FutureLink, GarrettCom, GarrettCom Europe Ltd., GarrettCom Inc., GlobalBlue Networks Inc., Grass Valley, Hirschmann Automation & Control GmbH, Hirschmann Automation & Control Kabushiki Kaisha, Hirschmann Automation and Control, Hirschmann Electronics GmbH, ICM Corp, ITC Industria Tecnica CAVI S.r.l., Kajola-Kristada Limited, LLC Belden RUS, LTK Wiring, Lukram SRO, Lumberg Automation Components, M2FX Limited, Miniflex Inc., Miranda Technologies Inc, Net-Tech Technology Inc., NetModule AG, Noslo Limited, OTN Systems Asia Pacific Snd. Bhd., OTN Systems El Djazair BO, OTN Systems N.V., OTN Systems NV, OTN Systems SPC, OTN Systems USA LLC, Opterna Am Inc., Opterna Europe Limited, Opterna International Corp., Opterna Middle East FZCO, Opterna Technologies Private Limited, Opterna Trading, PPC Broadband, PPC Broadband Fiber Ltd., PPC Broadband Inc., PPC Broadband India Private Limited, PPC Broadband Ltd., PPC Germany GmbH, PPC Technologies India Private Limited, Poliron Cabos Eletricos Especiais, ProLinx Comunicacao Industria LTDA, ProSoft Technology, ProSoft Technology (Asia Pacific) Sendirian Berhad, ProSoft Technology Inc., ProSoft Technology SAS, Shanghai Hite-Belden Network Technology Co. Ltd., Shanghai OTN Communication Systems Co. Ltd., Snell Advanced Media KK, Societe Opterna Africa, Softel Limited, Special Product Company, St. Kitts Technology Limited, Suzhou BiBiXi Communications System Co. Ltd., Telecast Fiber Systems, Thinklogical Holdings LLC, Thinklogical International LLC, Thinklogical LLC, Thinklogical Real Estate LLC, Thomas & Betts, Trapeze Networks Inc, Tripwire, Tripwire Inc., Tripwire International Inc., Tripwire Japan KK, VIA Holdings I Inc., VIA Holdings II Inc., macmon secure GmbH, and nCircle Canada Corp.
Read More
How can I contact Belden?: Belden's mailing address is 1 NORTH BRENTWOOD BLVD 15TH FLOOR, ST. LOUIS MO, 63105. The official website for the company is www.belden.com. The industrial products company can be reached via phone at (314) 854-8000, via email at investor.relations@belden.com, or via fax at 314-854-8001.

This page (NYSE:BDC) was last updated on 9/29/2023 by MarketBeat.com Staff

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