NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BDC stock has decreased by 1.2% and is now trading at $37.33. View which stocks have been most impacted by Coronavirus.

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.

Belden is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Belden.

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

Belden declared a quarterly dividend on Thursday, February 13th. Shareholders 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 yield of 0.54%. The ex-dividend date is Thursday, March 12th. View Belden's dividend history.

Belden announced that its board has initiated a share buyback plan 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 repurchase up to 13.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

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 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.

6 analysts have issued 12 month price objectives for Belden's stock. Their forecasts range from $44.00 to $62.00. On average, they anticipate Belden's share price to reach $53.00 in the next year. This suggests a possible upside of 42.0% from the stock's current price. View analysts' price targets for Belden.

Press coverage about BDC stock has trended very negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Belden earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBelden.

Some companies that are related to Belden include Roper Technologies (ROP), Eaton (ETN), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), Acuity Brands (AYI), Regal Beloit (RBC), II-VI (IIVI), Brady (BRC), EnerSys (ENS), 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."

Belden's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.01%). Company insiders that own Belden stock include Biddle Neil, Bryan C Cressey, Henk Derksen, John S Stroup, Leo Kulmaczewski, Paul Keith Turner and Roel Vestjens. View institutional ownership trends for Belden.

BDC stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 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 $37.33.

Belden has a market capitalization of $1.70 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]