NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BDC shares have decreased by 16.9% and is now trading at $31.38. View which stocks have been most impacted by Coronavirus.

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, July 29th 2020. View our earnings forecast for Belden.

Belden Inc. (NYSE:BDC) posted its earnings results on Wednesday, April, 29th. The industrial products company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The industrial products company earned $463.53 million during the quarter, compared to analyst estimates of $462.50 million. Belden had a negative net margin of 18.20% and a positive return on equity of 18.10%. Belden's revenue was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS. View Belden's earnings history.

Belden announced a quarterly dividend on Friday, May 22nd. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.05 per share on Thursday, July 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, June 17th. View Belden's dividend history.

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

Belden issued an update on its first quarter earnings guidance on Monday, April, 13th. The company provided EPS guidance of $0.64-0.69 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.72. The company issued revenue guidance of $460-465 million, compared to the consensus revenue estimate of $484.40 million.

9 brokers have issued 1-year price targets for Belden's stock. Their forecasts range from $30.00 to $62.00. On average, they expect Belden's share price to reach $41.94 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View analysts' price targets for Belden.

News coverage about BDC stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Belden.

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

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 a number of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.56%) and Envestnet Asset Management Inc. (0.02%). Company insiders that own Belden stock include Biddle Neil, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner and Roel Vestjens. View institutional ownership trends for Belden.

BDC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for Belden.

BDC stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. 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 $31.38.

Belden has a market capitalization of $1.40 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]