NYSE:BDC - Belden Stock Price, News, & Analysis

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$53.64 -4.06 (-7.04 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$53.64
Today's Range$53.52 - $57.50
52-Week Range$37.79 - $76.39
Volume333,205 shs
Average Volume539,786 shs
Market Capitalization$2.11 billion
P/E Ratio8.85
Dividend Yield0.35%
Beta2.61
Belden Inc. operates as a signal transmission solutions company in the United States and internationally. The company operates in two segments, Enterprise Solutions and Industrial Solutions segments. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures for use in applications, such as local area networks, data centers, access control, and building automation, as well as live production and performance, video display and digital signage, and corporate communications. It also provides power, cooling, and airflow management products for mission-critical data center operations. This segment serves customers in markets comprising healthcare, education, financial, government, and corporate enterprises, as well as end-markets, including sport venues, broadcast studios, and academias. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems, including industrial and input/output (I/O) connectors, industrial cables, IP and networking cables, I/O modules, distribution boxes, ruggedized controls and sensors, and customer specific wiring solutions. This segment provides its products for use in industrial automation applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission. The company serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri.

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Industry, Sector and Symbol

Industry Nonferrous wiredrawing & insulating
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
CUSIP07745410
Phone314-854-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.59 billion
Cash Flow$10.1017 per share
Book Value$34.43 per share

Profitability

Net Income$160.89 million

Miscellaneous

Employees9,000
Market Cap$2.11 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Belden (NYSE:BDC) Frequently Asked Questions

What is Belden's stock symbol?

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

How often does Belden pay dividends? What is the dividend yield for Belden?

Belden announced a quarterly dividend on Thursday, February 14th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.05 per share on Thursday, April 4th. This represents a $0.20 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend is Wednesday, March 13th. View Belden's Dividend History.

How will Belden's stock buyback program work?

Belden announced that its board has initiated a share buyback plan on Thursday, November 29th 2018, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 13.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) posted its quarterly earnings results on Wednesday, February, 20th. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.63 by $0.03. The industrial products company had revenue of $655.39 million for the quarter, compared to analyst estimates of $661.84 million. Belden had a return on equity of 21.37% and a net margin of 6.22%. The company's revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.62 EPS. View Belden's Earnings History.

When is Belden's next earnings date?

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Belden.

What guidance has Belden issued on next quarter's earnings?

Belden issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of $5.50-6.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.10. The company issued revenue guidance of $2.495-2.595 billion, compared to the consensus revenue estimate of $2.56 billion.Belden also updated its FY 2019 guidance to $5.50-6.15 EPS.

What price target have analysts set for BDC?

8 brokers have issued 12-month price objectives for Belden's shares. Their forecasts range from $55.78 to $90.00. On average, they anticipate Belden's share price to reach $71.0083 in the next year. This suggests a possible upside of 32.4% from the stock's current price. View Analyst Price Targets for Belden.

What is the consensus analysts' recommendation for Belden?

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

What are Wall Street analysts saying about Belden stock?

Here are some recent quotes from research analysts about Belden stock:
  • 1. According to Zacks Investment Research, "Belden Inc is engaged in the design, manufacture and retail of cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. The Company's products find its application in the industrial automation, enterprise, education, healthcare, entertainment and broadcast, sound and security, transportation, infrastructure, consumer electronics and other industries. Belden has manufacturing capabilities in North America, Europe, and Asia, and a market presence in nearly every region of the world. Belden Inc is based in St. Louis, Missouri. " (3/5/2019)
  • 2. Canaccord Genuity analysts commented, "We recently hosted investor meetings with management and come away with increased confidence in both the growth outlook for H2/18 (backlog + $30M y/y entering Q3, much easier comps) and positioning for longer-term secular drivers (industrial automation, smart buildings, rising bandwidth needs, etc.). Short interest remains elevated (we believe a potential positive catalyst), as we maintain our BUY recommendation. Broadcast at the bottom. Clearly a source of much investor consternation in recent periods (outsized vs. overall platform contribution, in our view), we believe GV has likely troughed, as big projects have largely dried up (Q1/18 faced a particularly tough comp) and current demand is much more run-rate" (while cost structure is greatly optimized for eventual upturn)." (8/22/2018)
  • 3. Guggenheim analysts commented, "We continue to forecast re-accelerating organic revs growth through FY18E and tick EPS up another +$0.02 to $6.40. Reiterate our BUY rating and $90 price target." (8/1/2018)

Has Belden been receiving favorable news coverage?

Media coverage about BDC stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Belden earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Belden's key competitors?

What other stocks do shareholders of Belden own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Belden investors own include CA (CA), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), AutoZone (AZO), Bank Of The Ozarks (OZRK) and Black Diamond Group (BDI).

Who are Belden's key executives?

Belden's management team includes the folowing people:
  • Mr. John S. Stroup, Pres, CEO & Chairman (Age 53)
  • Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 50)
  • Mr. Dhrupad Trivedi, Exec. VP & CTO (Age 52)
  • Mr. Roel Vestjens, Exec. VP of Industrial Solutions (Age 44)
  • Mr. Glenn Pennycook, Exec. VP of Enterprise Solutions (Age 57)

Who are Belden's major shareholders?

Belden's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.41%), Boston Partners (5.35%), Dimensional Fund Advisors LP (4.23%), Bank of New York Mellon Corp (2.48%), Victory Capital Management Inc. (2.44%) and Northern Trust Corp (2.40%). Company insiders that own Belden stock include Bryan C Cressey, Henk Derksen, John S Stroup, Paul Keith Turner, Roel Vestjens and Ross Rosenberg. View Institutional Ownership Trends for Belden.

Which institutional investors are selling Belden stock?

BDC stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Victory Capital Management Inc., Thrivent Financial for Lutherans, New York State Common Retirement Fund, Rothschild & Co. Asset Management US Inc., Bank of New York Mellon Corp, Foresters Investment Management Company Inc. and Macquarie Group Ltd.. View Insider Buying and Selling for Belden.

Which institutional investors are buying Belden stock?

BDC stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, American Century Companies Inc., LSV Asset Management, Lord Abbett & CO. LLC, Dimensional Fund Advisors LP, Norges Bank, Northern Trust Corp and Gotham Asset Management LLC. Company insiders that have bought Belden stock in the last two years include Bryan C Cressey, Henk Derksen, John S Stroup and Roel Vestjens. View Insider Buying and Selling for Belden.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Belden's stock price today?

One share of BDC stock can currently be purchased for approximately $53.64.

How big of a company is Belden?

Belden has a market capitalization of $2.11 billion and generates $2.59 billion in revenue each year. The industrial products company earns $160.89 million in net income (profit) each year or $6.06 on an earnings per share basis. Belden employs 9,000 workers across the globe.

What is Belden's official website?

The official website for Belden is http://www.belden.com.

How can I contact Belden?

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]


MarketBeat Community Rating for Belden (NYSE BDC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  312 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  604
MarketBeat's community ratings are surveys of what our community members think about Belden and other stocks. Vote "Outperform" if you believe BDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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