Belden Stock Forecast, Price & News

Belden's stock was trading at $37.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BDC stock has decreased by 15.8% and is now trading at $31.79.
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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) announced its earnings results on Wednesday, July, 29th. The industrial products company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.19. The industrial products company earned $424.80 million during the quarter, compared to the consensus estimate of $410.19 million. Belden had a positive return on equity of 16.39% and a negative net margin of 25.43%. The company's revenue for the quarter was down 33.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 EPS.
View Belden's earnings history.

Belden announced a quarterly dividend on Thursday, August 20th. Investors of record on Friday, September 18th will be paid a dividend of $0.05 per share on Tuesday, October 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Thursday, September 17th.
View Belden's dividend history.

Belden announced that its Board of Directors has approved a stock buyback program on Thursday, November 29th 2018, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 13.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its stock is undervalued.

9 brokerages have issued twelve-month price objectives 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 year. This suggests a possible upside of 31.9% from the stock's current price.
View analysts' price targets for Belden.

Some companies that are related to Belden include Eaton (ETN), Roper Technologies (ROP), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), Acuity Brands (AYI), II-VI (IIVI), 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 Vanguard Group Inc. (9.34%), ArrowMark Colorado Holdings LLC (6.41%), Macquarie Group Ltd. (2.68%), Pzena Investment Management LLC (2.65%), Frontier Capital Management Co. LLC (1.38%) and Victory Capital Management Inc. (1.34%). Company insiders that own Belden stock include Biddle Neil, Henk Derksen, John S Stroup, Leo Kulmaczewski and Roel Vestjens.
View institutional ownership trends for Belden.

BDC stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Prudential PLC, LSV Asset Management, Victory Capital Management Inc., Bank of America Corp DE, Dupont Capital Management Corp, UBS Group AG, and Balyasny Asset Management LLC.
View insider buying and selling activity for Belden.

BDC stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, ArrowMark Colorado Holdings LLC, Pzena Investment Management LLC, Assenagon Asset Management S.A., AQR Capital Management LLC, Goldman Sachs Group Inc., Cubist Systematic Strategies LLC, and Macquarie Group Ltd.. 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 $31.79.

Belden has a market capitalization of $1.42 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]