Belden Stock Price, News & Analysis (NYSE:BDC)

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

Belden declared a quarterly dividend on Wednesday, August 21st. Stockholders of record on Thursday, September 19th will be given a dividend of $0.05 per share on Monday, October 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Wednesday, September 18th. View Belden's Dividend History.

Belden declared that its Board of Directors has initiated a share buyback program on Thursday, November 29th 2018, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 13.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

Belden Inc. (NYSE:BDC) announced its earnings results on Wednesday, July, 31st. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by $0.01. The industrial products company had revenue of $637.50 million for the quarter, compared to analysts' expectations of $641.65 million. Belden had a return on equity of 19.29% and a net margin of 7.76%. The firm's revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.52 earnings per share. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Belden.

Belden updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $5.38-5.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.85. The company issued revenue guidance of $2.54 billion, compared to the consensus revenue estimate of prior $5.65-6.15.

8 equities research analysts have issued 1-year target prices for Belden's shares. Their predictions range from $54.00 to $77.00. On average, they anticipate Belden's share price to reach $62.84 in the next year. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Belden.

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

Media stories about BDC stock have trended extremely negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. 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 daily sentiment score of -4.2 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Belden.

Some companies that are related to Belden include Halma (HLMAF), CAE (CAE), Crown (CCK), Nordson (NDSN), A. O. Smith (AOS), Fortune Brands Home & Security (FBHS), AB SKF (SKFRY), DAI NIPPON PRTG/S (DNPLY), Graco (GGG), AptarGroup (ATR), Hubbell (HUBB), DISCO CORP/ADR (DSCSY), Norsk Hydro ASA (NHYDY), ASAHI GLASS/ADR (ASGLY) and Reliance Steel & Aluminum (RS).

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 ALJ Regional (ALJJ).

Belden's stock is owned by a number of of institutional and retail investors. Top institutional investors include Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.02%) and Allworth Financial LP (0.00%). Company insiders that own Belden stock include 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 Pacer Advisors Inc.. View Insider Buying and Selling for Belden.

BDC stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Allworth Financial LP. Company insiders that have bought Belden stock in the last two years include 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 $52.52.

Belden has a market capitalization of $2.39 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]