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NYSE:BDCBelden Stock Price, Forecast & News

$35.25
+2.39 (+7.27 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$33.79
Now: $35.25
$35.47
50-Day Range
$27.88
MA: $32.51
$37.33
52-Week Range
$25.54
Now: $35.25
$61.05
Volume480,100 shs
Average Volume384,043 shs
Market Capitalization$1.57 billion
P/E RatioN/A
Dividend Yield0.61%
Beta1.81
Belden Inc. operates as a signal transmission solutions company in the United States and internationally. The company operates in two segments, Enterprise Solutions and Industrial Solutions segments. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures for use in applications, such as local area networks, data centers, access control, and building automation, as well as live production and performance, video display and digital signage, and corporate communications. It also provides power, cooling, and airflow management products for mission-critical data center operations. This segment serves customers in markets comprising healthcare, education, financial, government, and corporate enterprises, as well as end-markets, including sport venues, broadcast studios, and academias. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems, including industrial and input/output (I/O) connectors, industrial cables, IP and networking cables, I/O modules, distribution boxes, ruggedized controls and sensors, and customer specific wiring solutions. This segment provides its products for use in industrial automation applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission. The company serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.18 out of 5 stars


Industry, Sector and Symbol

Industry Nonferrous wiredrawing & insulating
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
CUSIP07745410
Phone314-854-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.13 billion
Cash Flow$8.73 per share
Book Value$21.41 per share

Profitability

Net Income$-377,020,000.00

Miscellaneous

Employees7,000
Market Cap$1.57 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Belden (NYSE:BDC) Frequently Asked Questions

How has Belden's stock been impacted by COVID-19 (Coronavirus)?

Belden's stock was trading at $37.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BDC shares have decreased by 6.7% and is now trading at $35.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Belden?

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.

When is Belden's next earnings date?

Belden is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Belden.

How were Belden's earnings last quarter?

Belden Inc. (NYSE:BDC) announced its quarterly earnings results on Wednesday, April, 29th. The industrial products company reported $0.67 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.67. The industrial products company earned $463.53 million during the quarter, compared to analyst estimates of $462.50 million. Belden had a negative net margin of 18.20% and a positive return on equity of 18.10%. Belden's revenue was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS. View Belden's earnings history.

How often does Belden pay dividends? What is the dividend yield for Belden?

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 0.57%. The ex-dividend date of this dividend is Wednesday, June 17th. View Belden's dividend history.

How will Belden's stock buyback program work?

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

What guidance has Belden issued on next quarter's earnings?

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.

What price target have analysts set for BDC?

8 equities research 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 stock price to reach $42.64 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for Belden.

Has Belden been receiving favorable news coverage?

News coverage about BDC stock has been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 1.6 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutBelden.

Who are some of Belden's key competitors?

What other stocks do shareholders of Belden own?

Who are Belden's key executives?

Belden's management team includes the following people:
  • Mr. John S. Stroup, Pres, CEO & Chairman (Age 53)
  • Mr. Hendrikus P. C. Derksen, Sr. VP of Fin. & CFO (Age 50)
  • Mr. Dhrupad Trivedi, Exec. VP & CTO (Age 52)
  • Mr. Roel Vestjens, Exec. VP of Industrial Solutions (Age 44)
  • Mr. Glenn Pennycook, Exec. VP of Enterprise Solutions (Age 57)

What is Belden's stock symbol?

Belden trades on the New York Stock Exchange (NYSE) under the ticker symbol "BDC."

Who are Belden's major shareholders?

Belden's stock is owned by a variety of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (11.23%), BlackRock Inc. (9.97%), ArrowMark Colorado Holdings LLC (5.64%), Alliancebernstein L.P. (5.17%), Wellington Management Group LLP (4.26%) and State Street Corp (2.91%). 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.

Which institutional investors are selling Belden stock?

BDC stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, William Blair Investment Management LLC, BlackRock Inc., AQR Capital Management LLC, Prudential PLC, UBS Group AG, Invenomic Capital Management LP, and Morgan Stanley. View insider buying and selling activity for Belden.

Which institutional investors are buying Belden stock?

BDC stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Alliancebernstein L.P., ArrowMark Colorado Holdings LLC, Aristotle Capital Boston LLC, Invesco Ltd., AXA, Balyasny Asset Management LLC, and Wellington Management Group LLP. 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.

How do I buy shares of 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.

What is Belden's stock price today?

One share of BDC stock can currently be purchased for approximately $35.25.

How big of a company is Belden?

Belden has a market capitalization of $1.57 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.

What is Belden's official website?

The official website for Belden is www.belden.com.

How can I contact Belden?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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