Free Trial
NYSE:BDC

Belden (BDC) Stock Price, News & Analysis

$96.81
-0.78 (-0.80%)
(As of 05/28/2024 ET)
Today's Range
$96.51
$98.60
50-Day Range
$81.33
$97.63
52-Week Range
$60.54
$99.13
Volume
199,125 shs
Average Volume
263,034 shs
Market Capitalization
$3.94 billion
P/E Ratio
18.95
Dividend Yield
0.21%
Price Target
$104.40

Belden MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
7.8% Upside
$104.40 Price Target
Short Interest
Bearish
2.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.85
Upright™ Environmental Score
News Sentiment
0.40mentions of Belden in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$651,173 Sold Last Quarter
Proj. Earnings Growth
29.46%
From $5.77 to $7.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Industrial Products Sector

45th out of 166 stocks

Nonferrous Wiredrawing & Insulating Industry

1st out of 2 stocks

BDC stock logo

About Belden Stock (NYSE:BDC)

Belden Inc. designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications 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 to the 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, education, financial, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, governments, healthcare, and hospitality sectors. The Industrial Automation Solutions segment offers network infrastructure and digitization solutions; secure networks for the digitization and automation of industries and infrastructure; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). 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 headquartered in Saint Louis, Missouri.

BDC Stock Price History

BDC Stock News Headlines

StockNews.com Lowers Belden (NYSE:BDC) to Hold
Should You Be Impressed By Belden Inc.'s (NYSE:BDC) ROE?
Belden declares $0.05 dividend
Belden Declares Quarterly Dividend
Belden (NYSE:BDC) Upgraded to Buy by StockNews.com
Public company opens new technology center
Belden: Well-Positioned, But Not Executing Well
Belden Inc. Q1 Profit Decreases, but beats estimates
Belden: Q1 Earnings Snapshot
See More Headlines
Receive BDC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Belden and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/9 Dividend
3/13/2024
Dividend Payable
4/09/2024
Last Earnings
5/02/2024
Today
5/28/2024
Ex-Dividend for 7/9 Dividend
6/13/2024
Dividend Payable
7/09/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nonferrous wiredrawing & insulating
Sub-Industry
Electrical Components & Equipment
CUSIP
07745410
Employees
8,000
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$104.40
High Stock Price Target
$115.00
Low Stock Price Target
$91.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$242.76 million
Pretax Margin
10.54%

Debt

Sales & Book Value

Annual Sales
$2.51 billion
Cash Flow
$9.34 per share
Book Value
$27.98 per share

Miscellaneous

Free Float
40,031,000
Market Cap
$3.94 billion
Optionable
Optionable
Beta
1.07

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

  • Dr. Ashish  ChandDr. Ashish Chand (Age 49)
    President, CEO & Director
    Comp: $2.04M
  • Mr. Jeremy E. Parks (Age 48)
    Senior VP of Finance & CFO
    Comp: $1.06M
  • Mr. Brian Edward Anderson (Age 49)
    Senior VP of Legal, General Counsel & Corporate Secretary
    Comp: $896.42k
  • Ms. Leah Tate (Age 47)
    Senior Vice President of Human Resources
    Comp: $825.79k
  • Mr. Brian Lieser (Age 58)
    Executive Vice President of Industrial Automation Solutions
    Comp: $1.43M
  • Mr. Douglas R. Zink (Age 48)
    VP & Chief Accounting Officer
  • Mr. Hiran Bhadra
    Senior VP of Strategy & Technology
  • Aaron Reddington C.F.A.
    Vice President Investor Relations
  • Mr. Jay Wirts (Age 53)
    Executive Vice President of Enterprise Solutions

BDC Stock Analysis - Frequently Asked Questions

Should I buy or sell Belden stock right now?

6 Wall Street 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 research analysts is that investors should "moderate buy" BDC shares.
View BDC analyst ratings
or view top-rated stocks.

What is Belden's stock price target for 2024?

6 analysts have issued twelve-month price targets for Belden's shares. Their BDC share price targets range from $91.00 to $115.00. On average, they anticipate the company's stock price to reach $104.40 in the next year. This suggests a possible upside of 7.8% 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 2024?

Belden's stock was trading at $77.25 at the start of the year. Since then, BDC shares have increased by 25.3% and is now trading at $96.81.
View the best growth stocks for 2024 here
.

Are investors shorting Belden?

Belden saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,040,000 shares, an increase of 6.5% from the April 30th total of 976,400 shares. Based on an average daily volume of 257,700 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.6% of the company's stock are short sold.
View Belden's Short Interest
.

When is Belden's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BDC earnings forecast
.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) announced its quarterly earnings results on Thursday, May, 2nd. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.19. The industrial products company earned $536 million during the quarter, compared to the consensus estimate of $514.27 million. Belden had a net margin of 9.01% and a trailing twelve-month return on equity of 23.11%. The firm's quarterly revenue was down 16.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.68 EPS.

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

Belden announced a quarterly dividend on Thursday, May 23rd. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.05 per share on Tuesday, July 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date of this dividend is Thursday, June 13th.
Read our dividend analysis for BDC
.

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 0.20%. The dividend payout ratio is 3.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BDC will have a dividend payout ratio of 2.68% 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 issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.340. The company issued revenue guidance of $565.0 million-$580.0 million, compared to the consensus revenue estimate of $565.3 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?
Who are Belden's major shareholders?

Belden's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.43%), Allspring Global Investments Holdings LLC (3.40%), Pzena Investment Management LLC (2.10%), Silvercrest Asset Management Group LLC (1.61%), Boston Partners (1.28%) and Lord Abbett & CO. LLC (1.13%). Insiders that own company stock include Anshuman Mehrotra, Ashish Chand, Brian Lieser, David J Aldrich, Doug Zink, Jonathan C Klein, Leah Tate and Roel Vestjens.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:BDC) was last updated on 5/29/2024 by MarketBeat.com Staff

From Our Partners