NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BDC shares have decreased by 15.2% and is now trading at $32.02. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 2 sell ratings, 1 hold rating 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) announced its quarterly earnings data on Wednesday, April, 29th. The industrial products company reported $0.67 EPS for the quarter, meeting analysts' consensus estimates of $0.67. The industrial products company had revenue of $463.53 million for the quarter, compared to analysts' expectations of $462.50 million. Belden had a positive return on equity of 18.10% and a negative net margin of 18.20%. The firm's revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter in the previous 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 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Wednesday, June 17th. View Belden's dividend history.

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

Belden updated 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 EPS estimate of $0.72. The company issued revenue guidance of $460-465 million, compared to the consensus revenue estimate of $484.40 million.

8 brokerages have issued 1 year target prices for Belden's stock. Their forecasts range from $30.00 to $62.00. On average, they anticipate Belden's stock price to reach $42.64 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price. View analysts' price targets for Belden.

Headlines about BDC stock have been trending negative on Sunday, according to InfoTrie Sentiment. 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 publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Belden earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company'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."

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 $32.02.

Belden has a market capitalization of $1.43 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]