NYSE:BDC - Belden Stock Price, Forecast & News

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

Belden announced a quarterly dividend on Thursday, February 13th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.05 per share on Tuesday, April 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Thursday, March 12th. View Belden's Dividend History.

Belden declared that its board has authorized a share buyback plan 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 stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Belden Inc. (NYSE:BDC) posted its quarterly earnings data on Tuesday, February, 4th. The industrial products company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.13. The industrial products company earned $549.70 million during the quarter, compared to analyst estimates of $520.73 million. Belden had a positive return on equity of 17.78% and a negative net margin of 15.74%. Belden's quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the company earned $1.66 EPS. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Belden.

Belden issued an update on its FY19 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $4.25-4.75 for the period, compared to the Thomson Reuters consensus EPS 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.

5 analysts have issued 1 year target prices for Belden's shares. Their forecasts range from $52.00 to $63.27. On average, they anticipate Belden's share price to reach $57.32 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Belden.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Belden.

News headlines about BDC stock have trended very negative recently, according to InfoTrie. The research firm rates the sentiment of media 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 five, with scores closest to five being the most favorable. Belden earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Belden.

Some companies that are related to Belden include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), Acuity Brands (AYI), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Franklin Electric (FELE), Brady (BRC), 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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (5.26%), Boston Partners (3.55%), State Street Corp (2.87%), Victory Capital Management Inc. (1.60%), Victory Capital Management Inc. (1.59%) and LSV Asset Management (1.59%). Company insiders that own Belden stock include Biddle Neil, Bryan C Cressey, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner, Roel Vestjens and Ross Rosenberg. View Institutional Ownership Trends for Belden.

BDC stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, William Blair Investment Management LLC, Goldman Sachs Group Inc., LSV Asset Management, Prudential Financial Inc., Principal Financial Group Inc., State Street Corp and South Dakota Investment Council. View Insider Buying and Selling for Belden.

BDC stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., ArrowMark Colorado Holdings LLC, Boston Partners, Renaissance Technologies LLC, Bank of Montreal Can, Vident Investment Advisory LLC and UBS Group AG. 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 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 $50.44.

Belden has a market capitalization of $2.29 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]