NYSE:BDCBelden Stock Price, Forecast & News

Belden's stock was trading at $37.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BDC shares have decreased by 16.9% and is now trading at $31.37. 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) released its earnings results on Wednesday, April, 29th. The industrial products company reported $0.67 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.67. The industrial products company earned $463.53 million during the quarter, compared to the consensus estimate of $462.50 million. Belden had a negative net margin of 18.20% and a positive return on equity of 18.10%. Belden's quarterly revenue was down 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.99 EPS. 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 0.64%. The ex-dividend date of this dividend is Wednesday, June 17th. View Belden's dividend history.

Belden declared that its board has authorized a stock repurchase 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 first quarter earnings guidance on Monday, April, 13th. The company provided earnings per share 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 Wall Street analysts have issued twelve-month price targets for Belden's shares. Their forecasts range from $30.00 to $62.00. On average, they expect Belden's share price to reach $42.64 in the next year. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for Belden.

Press coverage about BDC stock has trended negative recently, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Belden earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media 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 company's share price in the immediate 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), Franklin Electric (FELE), Brady (BRC) 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 $31.37.

Belden has a market capitalization of $1.40 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]