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. Since then, BDC stock has decreased by 4.6% and is now trading at $36.02. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Belden.

Belden is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Belden.

Belden Inc. (NYSE:BDC) released its quarterly earnings results on Tuesday, February, 4th. The industrial products company reported $1.20 earnings per share (EPS) for the quarter, beating the 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 negative net margin of 15.74% and a positive return on equity of 17.78%. The company's revenue for the quarter was down .4% on a year-over-year basis. During the same period last year, the business earned $1.66 earnings per share. View Belden's earnings history.

Belden announced a quarterly dividend on Thursday, February 13th. Investors of record on Friday, March 13th will be given a dividend of $0.05 per share on Tuesday, April 7th. This represents a $0.20 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Thursday, March 12th. 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 buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 13.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Belden issued an update on its FY19 earnings guidance on Tuesday, February, 4th. The company provided earnings per share 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.

6 Wall Street analysts have issued 1 year price objectives for Belden's stock. Their forecasts range from $44.00 to $62.00. On average, they expect Belden's share price to reach $53.00 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View analysts' price targets for Belden.

News articles about BDC stock have trended very negative on Wednesday, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Belden earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutBelden.

Some companies that are related to Belden include Roper Technologies (ROP), Eaton (ETN), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), Acuity Brands (AYI), II-VI (IIVI), Regal Beloit (RBC), Brady (BRC), Franklin Electric (FELE), EnerSys (ENS), 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."

Belden's stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.01%). Company insiders that own Belden stock include Biddle Neil, Bryan C Cressey, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner and Roel Vestjens. View institutional ownership trends for Belden.

BDC stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 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 $36.02.

Belden has a market capitalization of $1.64 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]