About Belden (NYSE:BDC)
Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. It operates through Broadcast Solutions, Enterprise Solutions, Industrial Solutions, and Network Solutions segments. The Broadcast Solutions segment offers camera solutions, production switchers, server and storage systems for instant replay applications, interfaces and routers, monitoring systems, in-home network systems, playout systems, outside plant connectivity products, and other cable, and connectivity products. The Enterprise Solutions segment provides copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures; and power, cooling, and airflow management products for mission-critical data center operations. 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, customer specific wiring solutions, and controllers and sensors for use in industrial automation applications. The Network Solutions provides foundational controls for protecting enterprises against cyberattacks, automating IT regulatory compliance and improving operational efficiency; and software and services that protect against cyberattacks and data breaches with integrated security controls that discover assets, harden configurations, identify vulnerabilities and detect threats. It sells its products to distributors, end-users, installers, and original equipment manufacturers. 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.
Industry, Sector and Symbol
Industry IND PRODS/SVC
Sub-IndustryElectrical Components & Equipment
Trailing P/E Ratio14.51
Forward P/E Ratio12.54
Sales & Book Value
Annual Sales$2.39 billion
Price / Sales1.34
Cash Flow$9.72 per share
Price / Cash7.85
Book Value$34.02 per share
Price / Book2.24
Net Income$93.21 million
Return on Equity18.20%
Return on Assets6.97%
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 declared a quarterly dividend on Thursday, March 1st. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.05 per share on Thursday, April 5th. This represents a $0.20 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Wednesday, March 14th. View Belden's Dividend History.
How will Belden's stock buyback program work?
Belden announced that its Board of Directors has initiated a share buyback program on Sunday, June 4th 2017, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.
How were Belden's earnings last quarter?
Belden (NYSE:BDC) posted its quarterly earnings data on Thursday, February, 1st. The industrial products company reported $1.62 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.77 by $0.15. The industrial products company earned $604.88 million during the quarter, compared to analysts' expectations of $648.92 million. Belden had a net margin of 3.90% and a return on equity of 18.20%. The firm's revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 earnings per share. View Belden's Earnings History.
When will Belden make its next earnings announcement?
What guidance has Belden issued on next quarter's earnings?
Belden updated its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $5.95-6.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.08. The company issued revenue guidance of $2.528-2.578 billion, compared to the consensus revenue estimate of $2.52 billion.Belden also updated its Q1 guidance to $1.05-1.15 EPS.
Where is Belden's stock going? Where will Belden's stock price be in 2018?
7 analysts have issued twelve-month price objectives for Belden's stock. Their forecasts range from $90.00 to $97.00. On average, they anticipate Belden's stock price to reach $93.20 in the next year. 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. " (2/6/2018)
- 2. Guggenheim analysts commented, "We continue to forecast Q4E showing relatively even ~6%Y/Y growth across each business but its strongest +8%Y/Y growth from Industrial networking (which we continue to consider Belden’s biggest swing-factor from -3%Y/Y in FY16 and -12%Y/Y back in FY15). CFO, Henk Derksen, outlined Belden’s 3yr FY17-20E financial goals including a Revenue CAGR of 5-7%, EBITDA margin of 20-22% (up from previous 18-20% targets), FCF CAGR of 13-15% and ROIC of 13-15%. Capital allocation priorities include a slightly increased 20% for organic investments (e.g., currently spending $15mil capex to expand its manufacturing footprint in India), 25% for share repurchases + dividends, and a slightly decreased 55% for M&A. Belden says it continues to have “excess cash” of $475mil and is pursuing a number of M&A opportunities, with the dry powder for inorganic growth." (12/6/2017)
Who are some of Belden's key competitors?
Some companies that are related to Belden include HALMA (HLMAF), G4S (GFSZY), MSC Industrial Direct (MSM), Cimpress (CMPR), Proto Labs (PRLB), UniFirst (UNF), MSA Safety (MSA), SiteOne Landscape Supply (SITE), Aggreko (ARGKF), Horiba (HRIBF), Albany International (AIN), Axon Enterprise (AAXN), Brady (BRC), AlarmCom (ALRM), Harsco (HSC), General Cable (BGC), Multi-Color (LABL) and ACCO Brands (ACCO).
Who are Belden's key executives?
Belden's management team includes the folowing people:
- Mr. John S. Stroup, Pres, CEO & Chairman (Age 52)
- Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 49)
- Mr. Ross Rosenberg, Sr. VP of Strategy & Corp. Devel. (Age 48)
- Mr. Roel Vestjens, Exec. VP of Industrial Solutions & Broadcast IT Solutions (Age 43)
- Mr. Glenn Pennycook, Exec. VP of Enterprise & Broadband Solutions (Age 56)
Has Belden been receiving favorable news coverage?
Media coverage about BDC stock has been trending somewhat negative on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Belden earned a daily sentiment score of -0.09 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 49.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Belden's major shareholders?
Belden's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.46%), Boston Partners (6.79%), Channing Capital Management LLC (2.24%), Bank of New York Mellon Corp (1.90%), Systematic Financial Management LP (1.81%) and Frontier Capital Management Co. LLC (1.24%). Company insiders that own Belden stock include Christoph Gusenleitner, Dhrupad Trivedi, Glenn Pennycook, Henk Derksen, John S Stroup, Judy L Brown, Paul Keith Turner and Ross Rosenberg. View Institutional Ownership Trends for Belden.
Which major investors are selling Belden stock?
BDC stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Deutsche Bank AG, Kennedy Capital Management Inc., Bank of New York Mellon Corp, Sterling Capital Management LLC, Channing Capital Management LLC, Lazard Asset Management LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Belden company stock in the last year include John S Stroup, Paul Keith Turner and Ross Rosenberg. View Insider Buying and Selling for Belden.
Which major investors are buying Belden stock?
BDC stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Goldman Sachs Group Inc., BlackRock Inc., American Century Companies Inc., Tygh Capital Management Inc., MetLife Investment Advisors LLC, Thrivent Financial For Lutherans and Millennium Management LLC. 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 $76.34.
How big of a company is Belden?
Belden has a market capitalization of $3.24 billion and generates $2.39 billion in revenue each year. The industrial products company earns $93.21 million in net income (profit) each year or $1.37 on an earnings per share basis. Belden employs 8,800 workers across the globe.
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 (BDC)MarketBeat's community ratings are surveys of what our community members think about Belden and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Belden (NYSE:BDC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.71||2.75||2.50||2.67|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$93.20||$91.33||$89.14||$85.86|
|Price Target Upside: ||22.09% upside||21.28% upside||8.33% upside||8.78% upside|
Belden (NYSE:BDC) Consensus Price Target History
Belden (NYSE:BDC) Analyst Ratings History
(Data available from 3/20/2016 forward)
Belden (NYSE:BDC) Earnings History and Estimates Chart
Belden (NYSE BDC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q4 2017||$1.77||$1.62||$648.92 million||$604.88 million||View||N/A|
|11/1/2017||Q3 2017||$1.41||$1.49||$626.05 million||$621.74 million||View||N/A|
|8/2/2017||Q2 2017||$1.21||$1.29||$608.16 million||$610.63 million||View||Listen|
|5/3/2017||Q1 2017||$0.89||$0.92||$551.14 million||$551.40 million||View||Listen|
|2/2/2017||Q416||$1.40||$1.42||$616.10 million||$612.40 million||View||Listen|
|11/2/2016||Q316||$1.26||$1.29||$606.66 million||$601.10 million||View||N/A|
|7/19/2016||Q216||$1.26||$1.54||$582.25 million||$601.60 million||View||Listen|
|5/4/2016||Q116||$0.96||$1.01||$541.55 million||$541.50 million||View||N/A|
|2/9/2016||Q415||$1.48||$1.63||$605.54 million||$597.20 million||View||N/A|
|10/28/2015||Q315||$1.10||$1.14||$590.70 million||$579.30 million||View||Listen|
|7/29/2015||Q215||$1.20||$1.21||$615.83 million||$585.80 million||View||Listen|
|4/30/2015||Q115||$0.98||$1.00||$576.27 million||$547.00 million||View||N/A|
|2/5/2015||Q414||$1.21||$1.24||$605.16 million||$613.70 million||View||N/A|
|10/29/2014||Q314||$1.12||$1.15||$617.96 million||$613.10 million||View||N/A|
|7/30/2014||Q214||$1.01||$1.05||$595.60 million||$605.10 million||View||N/A|
|5/1/2014||Q114||$0.79||$0.80||$497.07 million||$487.70 million||View||N/A|
|2/6/2014||Q413||$0.90||$0.91||$518.20 million||$509.80 million||View||N/A|
|10/30/2013||Q313||$0.93||$0.95||$530.83 million||$522.50 million||View||N/A|
|8/8/2013||Q2 2013||$0.94||$0.99||$536.88 million||$532.60 million||View||N/A|
|5/2/2013||Q1 2013||$0.80||$0.84||$509.67 million||$507.50 million||View||N/A|
|2/7/2013||Q4 2012||$0.66||$0.78||$476.26 million||$477.70 million||View||N/A|
|11/8/2012||Q312||$0.71||$0.77||$494.69 million||$490.40 million||View||N/A|
Belden (NYSE:BDC) Earnings Estimates
2018 EPS Consensus Estimate: $5.88
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Belden (NYSE:BDC) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||14.60% (Trailing 12 Months of Earnings) |
3.28% (Based on This Year's Estimates)
3.07% (Based on Next Year's Estimates)
Belden (NYSE:BDC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Belden (NYSE BDC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.31%
Belden (NYSE BDC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/27/2018||Ross Rosenberg||SVP||Sell||779||$75.00||$58,425.00||5,329|| |
|10/9/2017||John S Stroup||Chairman||Sell||17,227||$84.75||$1,459,988.25|| |
|9/15/2017||Paul Keith Turner||SVP||Sell||3,709||$78.91||$292,677.19||4,967|| |
|9/7/2017||Paul Keith Turner||SVP||Sell||294||$76.61||$22,523.34||4,967|| |
|2/17/2017||Glenn Pennycook||EVP||Sell||6,306||$72.86||$459,455.16||18,343|| |
|1/3/2017||Judy L Brown||Director||Sell||9,000||$76.50||$688,500.00||13,268|| |
|12/15/2016||Christoph Gusenleitner||EVP||Sell||3,720||$78.24||$291,052.80||4,548|| |
|12/8/2016||Dhrupad Trivedi||Insider||Sell||523||$80.00||$41,840.00||4,766|| |
|12/8/2016||Henk Derksen||SVP||Sell||8,953||$77.91||$697,528.23||18,337|| |
|12/7/2016||John S Stroup||Chairman||Sell||22,125||$77.19||$1,707,828.75||44,969|| |
|12/6/2016||John S Stroup||CEO||Sell||15,000||$77.00||$1,155,000.00||44,969|| |
|11/21/2016||John S Stroup||Insider||Sell||21,210||$72.07||$1,528,604.70||69,969|| |
|11/10/2016||Judy L Brown||Director||Sell||9,000||$68.00||$612,000.00||22,268|| |
|7/20/2016||Ross Rosenberg||SVP||Sell||2,274||$74.00||$168,276.00||7,603|| |
|7/14/2016||Ross Rosenberg||SVP||Sell||713||$69.00||$49,197.00||9,877|| |
|3/18/2016||Ross Rosenberg||SVP||Sell||713||$59.25||$42,245.25||10,590|| |
|2/24/2016||Glenn Kalnasy||Director||Sell||3,500||$53.13||$185,955.00||27,017|| |
|5/22/2015||Steven Biegacki||SVP||Sell||970||$86.00||$83,420.00|| |
|5/18/2015||Glenn Pennycook||EVP||Sell||1,177||$85.17||$100,245.09|| |
|5/1/2015||Bryan C Cressey||Director||Buy||10,000||$84.96||$849,600.00|| |
|3/5/2015||Dhrupad Trivedi||Insider||Sell||2,771||$89.19||$247,145.49|| |
|3/2/2015||Dhrupad Trivedi||Insider||Sell||2,253||$88.34||$199,030.02|| |
|3/2/2015||John S Stroup||CEO||Sell||12,596||$88.60||$1,116,005.60|| |
|2/27/2015||Christoph Gusenleitner||EVP||Sell||1,425||$90.11||$128,406.75|| |
|2/25/2015||Doug Zink||CAO||Sell||1,016||$90.30||$91,744.80|| |
|2/17/2015||John S Stroup||CEO||Sell||41,697||$87.18||$3,635,144.46|| |
|12/11/2014||John S Stroup||CEO||Sell||45,329||$81.11||$3,676,635.19|| |
|8/5/2014||Glenn Kalnasy||Director||Sell||4,000||$67.65||$270,600.00|| |
|7/31/2014||Bryan C Cressey||Director||Buy||10,000||$69.11||$691,100.00|| |
|6/27/2014||John M Monter||Director||Sell||3,900||$79.01||$308,139.00|| |
|5/22/2014||Steven Biegacki||SVP||Sell||2,522||$70.00||$176,540.00||13,655|| |
|5/6/2014||Kevin Bloomfield||SVP||Sell||26,077||$71.94||$1,875,979.38||15,168|| |
|5/5/2014||Christoph Gusenleitner||EVP||Sell||2,089||$71.90||$150,199.10||9,615|| |
|5/5/2014||John Norman||VP||Sell||4,288||$72.13||$309,293.44||20,261|| |
|5/2/2014||Glenn Kalnasy||Director||Sell||1,000||$72.49||$72,490.00||31,108|| |
|3/10/2014||Glenn Pennycook||EVP||Sell||1,744||$73.87||$128,829.28||4,908|| |
|3/5/2014||John Monter||Director||Sell||3,900||$73.02||$284,778.00|| |
|3/5/2014||Steven Biegacki||SVP||Sell||1,561||$73.80||$115,201.80||13,655|| |
|3/4/2014||Dhrupad Trivedi||Insider||Sell||1,162||$72.05||$83,722.10||1,389|| |
|3/3/2014||John Stroup||CEO||Sell||27,308||$69.98||$1,911,013.84||42,500|| |
|2/28/2014||Christoph Gusenleitner||EVP||Sell||2,000||$72.00||$144,000.00||6,900|| |
|2/28/2014||Dhrupad Trivedi||Insider||Sell||1,801||$72.06||$129,780.06||1,389|| |
|2/19/2014||Glenn Kalnasy||Director||Sell||1,000||$69.40||$69,400.00||31,108|| |
|2/13/2014||Christoph Gusenleitner||EVP||Sell||1,560||$67.86||$105,861.60||8,900|| |
|2/11/2014||John Norman||VP||Sell||3,902||$66.67||$260,146.34||17,282|| |
|10/18/2013||John M Monter||Director||Sell||3,900||$67.07||$261,573.00|| |
|9/20/2013||John Stroup||CEO||Sell||44,097||$64.81||$2,857,926.57||48,975|| |
|9/17/2013||Glenn Pennycook||EVP||Sell||1,692||$63.90||$108,118.80||3,761|| |
|9/16/2013||Christoph Gusenleitner||EVP||Sell||2,317||$64.20||$148,751.40||8,900|| |
|9/16/2013||Glenn Kalnasy||Director||Sell||1,000||$64.46||$64,460.00||31,108|| |
|9/9/2013||John M Monter||Director||Sell||3,900||$61.02||$237,978.00|| |
|9/9/2013||John S Stroup||CEO||Sell||34,633||$61.16||$2,118,154.28|| |
|9/9/2013||Steven Biegacki||SVP||Sell||17,004||$59.56||$1,012,758.24|| |
|9/5/2013||Dean A Yoost||Director||Buy||1,211||$59.39||$71,921.29|| |
|8/23/2013||Steven Biegacki||SVP||Sell||3,130||$58.92||$184,419.60||12,019|| |
|8/22/2013||John Stroup||CEO||Sell||38,200||$57.13||$2,182,366.00||54,178|| |
|8/13/2013||John Norman||CAO||Sell||6,029||$58.49||$352,636.21||17,282|| |
|8/12/2013||Christoph Gusenleitner||EVP||Sell||2,770||$59.04||$163,540.80||8,900|| |
|8/9/2013||Kevin Bloomfield||SVP||Sell||22,000||$57.61||$1,267,420.00||10,709|| |
|8/1/2013||John M Monter||Director||Sell||3,900||$59.25||$231,075.00|| |
|5/17/2013||John S Stroup||CEO||Sell||54,054||$55.04||$2,975,132.16|| |
|3/26/2013||Glenn Kalnasy||Director||Sell||1,000||$51.47||$51,470.00|| |
|3/6/2013||Dean A Yoost||Director||Buy||1,162||$50.73||$58,948.26|| |
|2/25/2013||Bryan C Cressey||Director||Buy||10,000||$50.04||$500,400.00|| |
|8/31/2012||Lance C Balk||Director||Buy||3,000||$34.15||$102,450.00|| |
Belden (NYSE BDC) News Headlines
Belden (NYSE:BDC) SEC Filings
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Belden (NYSE:BDC) Income Statement, Balance Sheet and Cash Flow Statement
Belden (NYSE BDC) Stock Chart for Tuesday, March, 20, 2018