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

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

Belden announced a quarterly dividend on Wednesday, August 21st. Stockholders of record on Thursday, September 19th will be paid a dividend of $0.05 per share on Monday, October 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Wednesday, September 18th. View Belden's Dividend History.

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

Belden Inc. (NYSE:BDC) issued its quarterly earnings results on Wednesday, July, 31st. The industrial products company reported $1.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.40 by $0.01. The industrial products company had revenue of $637.50 million for the quarter, compared to the consensus estimate of $641.65 million. Belden had a return on equity of 19.29% and a net margin of 7.76%. The company's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.52 EPS. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Belden.

Belden issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $5.38-5.78 for the period, compared to the Thomson Reuters consensus estimate of $5.85. The company issued revenue guidance of $2.54 billion, compared to the consensus revenue estimate of prior $5.65-6.15.

8 brokerages have issued 12 month target prices for Belden's stock. Their forecasts range from $54.00 to $77.00. On average, they expect Belden's stock price to reach $62.84 in the next year. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Belden.

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

News articles about BDC stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Belden earned a daily sentiment score of -3.9 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the next few days. View News Stories for Belden.

Some companies that are related to Belden include Emerson Electric (EMR), Roper Technologies (ROP), Eaton (ETN), AMETEK (AME), Rockwell Automation (ROK), Generac (GNRC), Acuity Brands (AYI), Regal Beloit (RBC), Enphase Energy (ENPH), Brady (BRC), EnerSys (ENS), Franklin Electric (FELE), II-VI (IIVI), Vicor (VICR) and Encore Wire (WIRE).

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), Och-Ziff Capital Management Group (OZM), Gran Tierra Energy (GTE) and ALJ Regional (ALJJ).

Belden's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.34%), Strs Ohio (0.12%), Pacer Advisors Inc. (0.03%), Meeder Asset Management Inc. (0.03%), Envestnet Asset Management Inc. (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Belden stock include Biddle Neil, Bryan C Cressey, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner, Roel Vestjens and Ross Rosenberg. View Institutional Ownership Trends for Belden.

BDC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Strs Ohio and Pacer Advisors Inc.. View Insider Buying and Selling for Belden.

BDC stock was purchased by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Meeder Asset Management Inc., State of Alaska Department of Revenue and Allworth Financial LP. Company insiders that have bought Belden stock in the last two years include Biddle Neil, Bryan C Cressey, Henk Derksen, John S Stroup, Leo Kulmaczewski and Roel Vestjens. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of BDC stock can currently be purchased for approximately $53.97.

Belden has a market capitalization of $2.45 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.View Additional Information About Belden.

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

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]