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

$58.44
-0.80 (-1.35 %)
(As of 06/16/2019 04:00 PM ET)
Today's Range
$58.06
Now: $58.44
$59.00
50-Day Range
$51.20
MA: $56.41
$61.63
52-Week Range
$37.79
Now: $58.44
$76.39
Volume283,299 shs
Average Volume280,816 shs
Market Capitalization$2.31 billion
P/E Ratio9.64
Dividend Yield0.34%
Beta2.46
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. Read More…

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$10.8827 per share
Book Value$34.43 per share

Profitability

Net Income$160.89 million

Miscellaneous

Employees9,000
Market Cap$2.31 billion
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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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 Friday, May 24th. Stockholders of record on Wednesday, June 19th will be paid a dividend of $0.05 per share on Tuesday, July 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date is Tuesday, June 18th. View Belden's Dividend History.

How will Belden's stock buyback program work?

Belden declared that its board has initiated a stock repurchase program on Thursday, November 29th 2018, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 13.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) issued its quarterly earnings results on Wednesday, May, 1st. The industrial products company reported $0.99 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.10. The industrial products company had revenue of $587.18 million for the quarter, compared to analysts' expectations of $577.17 million. Belden had a return on equity of 20.17% and a net margin of 7.15%. The company's revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.16 earnings per share. View Belden's Earnings History.

When is Belden's next earnings date?

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 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, May, 1st. The company provided earnings per share (EPS) guidance of $5.65-6.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.78. The company issued revenue guidance of $2.520-2.595 billion, compared to the consensus revenue estimate of $2.54 billion.Belden also updated its FY 2019 guidance to $5.65-6.15 EPS.

What price target have analysts set for BDC?

7 Wall Street analysts have issued 12-month price objectives for Belden's stock. Their forecasts range from $55.78 to $77.00. On average, they expect Belden's stock price to reach $67.21 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Belden.

What is the consensus analysts' recommendation for Belden?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (4/29/2019)
  • 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)

Has Belden been receiving favorable news coverage?

News stories about BDC stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Belden earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news stories 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.

Who are some of Belden's key competitors?

What other stocks do shareholders of Belden own?

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 retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (13.18%), Boston Partners (4.04%), Wells Fargo & Company MN (1.43%), LSV Asset Management (1.30%), Kennedy Capital Management Inc. (0.92%) and William Blair Investment Management LLC (0.88%). 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 Victory Capital Management Inc., Boston Partners, Wells Fargo & Company MN, Kennedy Capital Management Inc., Wedge Capital Management L L P NC, Rothschild & Co. Asset Management US Inc., William Blair Investment Management LLC and Lapides Asset Management LLC. View Insider Buying and Selling for Belden.

Which institutional investors are buying Belden stock?

BDC stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Meristem Family Wealth LLC, Bank of Montreal Can, Trexquant Investment LP, Alambic Investment Management L.P., Teacher Retirement System of Texas, Dynamic Technology Lab Private Ltd and Foundry Partners 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 $58.44.

How big of a company is Belden?

Belden has a market capitalization of $2.31 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.View Additional Information About Belden.

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:  321 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  629
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 6/16/2019 by MarketBeat.com Staff

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