NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BDC shares have decreased by 3.6% and is now trading at $36.40.
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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, November 4th 2020.
View our earnings forecast for Belden.

Belden Inc. (NYSE:BDC) released its quarterly earnings results on Wednesday, July, 29th. The industrial products company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.27 by $0.19. The industrial products company had revenue of $424.80 million for the quarter, compared to analysts' expectations of $410.19 million. Belden had a negative net margin of 25.43% and a positive return on equity of 16.39%. Belden's revenue was down 33.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share.
View Belden's earnings history.

Belden announced a quarterly dividend on Friday, May 22nd. Investors 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 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Wednesday, June 17th.
View Belden's dividend history.

Belden announced that its board has approved a stock repurchase 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 generally a sign that the company's leadership believes its stock is undervalued.

9 equities research analysts have issued twelve-month price targets for Belden's shares. 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 15.2% from the stock's current price.
View analysts' price targets for Belden.

News stories about BDC stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Belden earned a news sentiment score of -2.6 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.
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), Franklin Electric (FELE), Brady (BRC) and Encore Wire (WIRE).
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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 many different retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (2.68%), Pzena Investment Management LLC (2.65%), Frontier Capital Management Co. LLC (1.38%), Victory Capital Management Inc. (1.34%), Wedge Capital Management L L P NC (0.56%) and Lapides Asset Management LLC (0.56%). 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 Prudential PLC, LSV Asset Management, Victory Capital Management Inc., Dupont Capital Management Corp, UBS Group AG, Envestnet Asset Management Inc., Texas Permanent School Fund, and Vident Investment Advisory LLC.
View insider buying and selling activity for Belden.

BDC stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Pzena Investment Management LLC, Assenagon Asset Management S.A., Macquarie Group Ltd., Lapides Asset Management LLC, SG Americas Securities LLC, Trexquant Investment LP, and Wedge Capital Management L L P NC. Company insiders that have bought Belden stock in the last two years include Biddle Neil, Henk Derksen, John S Stroup, Leo Kulmaczewski, and Roel Vestjens.
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 $36.40.

Belden has a market capitalization of $1.62 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]