NYSE:BDC - Belden Stock Price, Forecast & News

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

Belden announced a quarterly dividend on Thursday, February 13th. Investors 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 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Thursday, March 12th. View Belden's Dividend History.

Belden declared that its board has initiated a stock buyback plan 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 plans are typically an indication that the company's leadership believes its shares are undervalued.

Belden Inc. (NYSE:BDC) released its quarterly earnings data on Tuesday, February, 4th. The industrial products company reported $1.20 EPS for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.13. The industrial products company earned $549.70 million during the quarter, compared to the consensus estimate of $520.73 million. Belden had a negative net margin of 15.74% and a positive return on equity of 17.78%. The firm's revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.66 earnings per share. View Belden's Earnings History.

Belden is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Belden.

Belden updated 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.

5 brokerages have issued 12-month target prices for Belden's shares. Their forecasts range from $52.00 to $63.27. On average, they anticipate Belden's share price to reach $57.32 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Belden.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Belden in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Belden.

Headlines about BDC stock have been trending extremely negative on Thursday, according to InfoTrie. InfoTrie identifies positive and negative news 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 positive five, with scores closest to five being the most favorable. Belden earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news 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 Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Enphase Energy (ENPH), Acuity Brands (AYI), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Brady (BRC), 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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (12.58%), ArrowMark Colorado Holdings LLC (5.26%), Alliancebernstein L.P. (4.36%), Boston Partners (3.55%), State Street Corp (2.87%) and Victory Capital Management Inc. (1.60%). Company insiders that own Belden stock include Biddle Neil, 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 AQR Capital Management LLC, William Blair Investment Management LLC, Goldman Sachs Group Inc., LSV Asset Management, Prudential Financial Inc., Principal Financial Group Inc., Man Group plc and State Street Corp. View Insider Buying and Selling for Belden.

BDC stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Victory Capital Management Inc., Victory Capital Management Inc., ArrowMark Colorado Holdings LLC, Boston Partners, Renaissance Technologies LLC, Bank of Montreal Can and Vident Investment Advisory LLC. 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 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 $49.04.

Belden has a market capitalization of $2.23 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]