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 shares have decreased by 12.0% and is now trading at $33.23.
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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."
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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) issued its quarterly earnings data on Wednesday, July, 29th. The industrial products company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.19. The industrial products company had revenue of $424.80 million for the quarter, compared to analysts' expectations of $410.19 million. Belden had a positive return on equity of 16.39% and a negative net margin of 25.43%. The firm's quarterly revenue was down 33.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.39 earnings per share.
View Belden's earnings history.

Belden announced a quarterly dividend on Friday, May 22nd. Investors 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 yield of 0.60%. The ex-dividend date of this dividend is Wednesday, June 17th.
View Belden's dividend history.

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

9 Wall Street analysts have issued 1 year price targets for Belden's shares. Their forecasts range from $30.00 to $62.00. On average, they anticipate Belden's stock price to reach $41.94 in the next year. This suggests a possible upside of 26.2% from the stock's current price.
View analysts' price targets for Belden.

Media stories about BDC stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Belden earned a news impact score of 0.1 on InfoTrie's scale. They also gave news stories 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 effect on the stock's share price in the immediate future.
View the latest news about Belden.

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), 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 a number of institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (2.65%), Frontier Capital Management Co. LLC (1.38%), Wedge Capital Management L L P NC (0.56%), Lapides Asset Management LLC (0.56%), Assenagon Asset Management S.A. (0.47%) and Smith Graham & Co. Investment Advisors LP (0.35%). 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, Dupont Capital Management Corp, UBS Group AG, Envestnet Asset Management Inc., Texas Permanent School Fund, Vident Investment Advisory LLC, 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, Wedge Capital Management L L P NC, First Trust Advisors LP, and Swiss National Bank. 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 $33.23.

Belden has a market capitalization of $1.48 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]