NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BDC stock has decreased by 9.0% and is now trading at $34.36.
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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, November 4th 2020.
View our earnings forecast for Belden.

Belden Inc. (NYSE:BDC) released its earnings results on Wednesday, July, 29th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.19. The industrial products company had revenue of $424.80 million for the quarter, compared to the consensus estimate of $410.19 million. Belden had a positive return on equity of 16.39% and a negative net margin of 25.43%. The business's quarterly revenue was down 33.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.39 earnings per share.
View Belden's earnings history.

Belden declared a quarterly dividend on Friday, May 22nd. Shareholders of record on Thursday, June 18th will be given a dividend of $0.05 per share on Thursday, July 9th. This represents a $0.20 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Wednesday, June 17th.
View Belden's dividend history.

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

9 brokerages have issued 1-year price objectives for Belden's shares. 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 22.1% from the stock's current price.
View analysts' price targets for Belden.

News stories about BDC stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie 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 nearest to five being the most favorable. Belden earned a news impact score of 4.0 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
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), Franklin Electric (FELE), Brady (BRC) and Encore Wire (WIRE).
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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 many different retail and institutional investors. Top institutional shareholders include Pzena Investment Management LLC (2.65%), Frontier Capital Management Co. LLC (1.38%), Victory Capital Management Inc. (1.34%), Wedge Capital Management L L P NC (0.56%), Lapides Asset Management LLC (0.56%) and Assenagon Asset Management S.A. (0.47%). 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 Prudential PLC, LSV Asset Management, Victory Capital Management Inc., Dupont Capital Management Corp, UBS Group AG, Envestnet Asset Management Inc., Texas Permanent School Fund, and Vident Investment Advisory LLC.
View insider buying and selling activity for Belden.

BDC stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Pzena Investment Management LLC, Assenagon Asset Management S.A., Lapides Asset Management LLC, SG Americas Securities LLC, Trexquant Investment LP, Wedge Capital Management L L P NC, and First Trust Advisors LP. 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 $34.36.

Belden has a market capitalization of $1.53 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]