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 paid a dividend of $0.05 per share on Monday, October 7th. This represents a $0.20 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Wednesday, September 18th. View Belden's Dividend History.

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

Belden Inc. (NYSE:BDC) posted its quarterly earnings results on Wednesday, July, 31st. The industrial products company reported $1.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by $0.01. The industrial products company had revenue of $637.50 million for the quarter, compared to analyst estimates of $641.65 million. Belden had a net margin of 7.76% and a return on equity of 19.29%. Belden's revenue was down 4.7% on a year-over-year basis. During the same period last year, the business posted $1.52 EPS. 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 issued an update on 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 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 brokerages have issued 12 month price objectives for Belden's shares. Their predictions range from $54.00 to $77.00. On average, they expect Belden's share price to reach $62.84 in the next year. This suggests a possible upside of 17.7% 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.

Press coverage about BDC stock has trended somewhat positive on Sunday, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 0.8 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 media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Belden.

Some companies that are related to Belden include Halma (HLMAF), Crown (CCK), CAE (CAE), 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 Smith Graham & Co. Investment Advisors LP (0.34%), Pacer Advisors Inc. (0.03%), Meeder Asset Management Inc. (0.03%), Envestnet Asset Management Inc. (0.03%), State of Alaska Department of Revenue (0.02%) and Allworth Financial LP (0.00%). 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 Envestnet Asset Management Inc. and Pacer Advisors Inc.. View Insider Buying and Selling for Belden.

BDC stock was bought by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Meeder Asset Management Inc., State of Alaska Department of Revenue and Allworth Financial LP. 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 $53.39.

Belden has a market capitalization of $2.43 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]