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, November 21st. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.05 per share on Tuesday, January 7th. This represents a $0.20 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Wednesday, December 18th. View Belden's Dividend History.

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

Belden Inc. (NYSE:BDC) released its quarterly earnings data on Wednesday, October, 30th. The industrial products company reported $1.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.41 by $0.23. The industrial products company had revenue of $620.32 million for the quarter, compared to analysts' expectations of $632.68 million. Belden had a negative net margin of 7.44% and a positive return on equity of 18.09%. The business's quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.72 earnings per share. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Belden.

Belden issued an update on its fourth quarter earnings guidance on Tuesday, December, 3rd. The company provided earnings per share (EPS) guidance of $1.00-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.08. The company issued revenue guidance of $510-530 million, compared to the consensus revenue estimate of $520.75 million.

6 brokers have issued twelve-month price objectives for Belden's stock. Their forecasts range from $54.00 to $70.00. On average, they anticipate Belden's share price to reach $61.07 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View Analyst Price Targets for Belden.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Belden.

Press coverage about BDC stock has been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -1.0 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely 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), Acuity Brands (AYI), Enphase Energy (ENPH), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), 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 number of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.52%), Smith Graham & Co. Investment Advisors LP (0.33%), Eidelman Virant Capital (0.04%), State of Alaska Department of Revenue (0.01%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and First Midwest Bank Trust Division (0.01%). 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 Wedge Capital Management L L P NC, Smith Graham & Co. Investment Advisors LP, First Midwest Bank Trust Division and State of Alaska Department of Revenue. View Insider Buying and Selling for Belden.

BDC stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital and Zurcher Kantonalbank Zurich Cantonalbank . 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 $50.14.

Belden has a market capitalization of $2.28 billion and generates $2.59 billion in revenue each year. The industrial products company earns $160.89 million in net income (profit) each year or $6.06 on an earnings per share basis. Belden employs 9,000 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]