NYSE:BDC - Belden Stock Price, Forecast & News

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

Belden announced a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.05 per share on Tuesday, April 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date is Thursday, March 12th. View Belden's Dividend History.

Belden announced that its board has initiated a share repurchase program on Thursday, November 29th 2018, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 13.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Belden Inc. (NYSE:BDC) released its quarterly earnings data on Tuesday, February, 4th. The industrial products company reported $1.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.13. The industrial products company had revenue of $549.70 million for the quarter, compared to analysts' expectations of $520.73 million. Belden had a positive return on equity of 17.78% and a negative net margin of 15.74%. The business's revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $1.66 EPS. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Belden.

Belden updated its FY19 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $4.25-4.75 for the period, compared to the Thomson Reuters consensus estimate of $4.36. The company issued revenue guidance of $2.060-2.140 billion, compared to the consensus revenue estimate of $2.10 billion.

5 brokerages have issued twelve-month price targets for Belden's shares. Their forecasts range from $52.00 to $63.27. On average, they expect Belden's stock price to reach $57.32 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets for Belden.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Belden.

Media coverage about BDC stock has been trending somewhat negative on Wednesday, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Belden earned a news impact score of -1.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Belden.

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

Belden's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (12.58%), ArrowMark Colorado Holdings LLC (5.26%), Alliancebernstein L.P. (4.36%), Boston Partners (3.55%), State Street Corp (2.87%) and Victory Capital Management Inc. (1.60%). 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 AQR Capital Management LLC, William Blair Investment Management LLC, Goldman Sachs Group Inc., LSV Asset Management, Prudential Financial Inc., Principal Financial Group Inc., Man Group plc and State Street Corp. View Insider Buying and Selling for Belden.

BDC stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Victory Capital Management Inc., Victory Capital Management Inc., ArrowMark Colorado Holdings LLC, Boston Partners, Renaissance Technologies LLC, Bank of Montreal Can and Vident Investment Advisory LLC. 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 $48.69.

Belden has a market capitalization of $2.21 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.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]