NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BDC shares have decreased by 17.9% and is now trading at $31.02. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Belden.

Belden is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Belden.

Belden Inc. (NYSE:BDC) announced its earnings results on Wednesday, April, 29th. The industrial products company reported $0.67 earnings per share for the quarter, meeting the consensus estimate of $0.67. The industrial products company earned $463.53 million during the quarter, compared to analyst estimates of $462.50 million. Belden had a negative net margin of 18.20% and a positive return on equity of 18.10%. Belden's revenue was down 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 earnings per share. View Belden's earnings history.

Belden declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Thursday, June 18th will be given a dividend of $0.05 per share on Thursday, July 9th. This represents a $0.20 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, June 17th. View Belden's dividend history.

Belden declared that its Board of Directors has approved a share buyback plan on Thursday, November 29th 2018, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 13.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Belden updated its first quarter earnings guidance on Monday, April, 13th. The company provided earnings per share (EPS) guidance of $0.64-0.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.72. The company issued revenue guidance of $460-465 million, compared to the consensus revenue estimate of $484.40 million.

9 Wall Street analysts have issued twelve-month price targets for Belden's stock. Their forecasts range from $30.00 to $62.00. On average, they expect Belden's stock price to reach $41.94 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price. View analysts' price targets for Belden.

News coverage about BDC stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring 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 five, with scores closest to five being the most favorable. Belden earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Belden.

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

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

Belden's stock is owned by a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%). Company insiders that own Belden stock include Biddle Neil, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner and Roel Vestjens. 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.. View insider buying and selling activity 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 $31.02.

Belden has a market capitalization of $1.38 billion and generates $2.13 billion in revenue each year. The industrial products company earns $-377,020,000.00 in net income (profit) each year or $4.52 on an earnings per share basis. Belden employs 7,000 workers across the globe.

The official website for Belden is 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]