Belden Inc. (BDC)

NYSE: BDC · IEX Real-Time Price · USD
82.67
-1.56 (-1.86%)
Apr 24, 2024, 12:09 PM EDT - Market open
-1.86%
Market Cap 3.36B
Revenue (ttm) 2.51B
Net Income (ttm) 242.76M
Shares Out 40.66M
EPS (ttm) 5.66
PE Ratio 14.86
Forward PE 14.43
Dividend $0.20 (0.24%)
Ex-Dividend Date Mar 13, 2024
Volume 60,473
Open 83.99
Previous Close 84.23
Day's Range 82.66 - 85.55
52-Week Range 60.55 - 99.13
Beta 1.05
Analysts Strong Buy
Price Target 102.25 (+23.69%)
Earnings Date May 2, 2024

About BDC

Belden Inc. designs, manufactures, and markets a portfolio of signal transmission solutions for mission critical applications in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Automation Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area network... [Read more]

Sector Technology
IPO Date Sep 29, 1993
Employees 8,000
Stock Exchange NYSE
Ticker Symbol BDC
Full Company Profile

Financial Performance

In 2023, Belden's revenue was $2.51 billion, a decrease of -3.62% compared to the previous year's $2.61 billion. Earnings were $242.76 million, a decrease of -4.67%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BDC stock is "Strong Buy." The 12-month stock price forecast is $102.25, which is an increase of 23.69% from the latest price.

Price Target
$102.25
(23.69% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Belden Releases 2023 ESG Report Highlighting Advancements Toward 2025 Goals

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, recently released its annual ESG report, highlighting the company's...

1 day ago - Business Wire

Belden to Announce First Quarter 2024 Results

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, will report results for the fiscal first quarter ended March 31, 2024, before tradin...

6 days ago - Business Wire

Belden Becomes a Founding Member of FMP Alliance to Advance Fault-Managed Power Technology

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is excited to announce that it is a founding member of the newly es...

16 days ago - Business Wire

Belden Unveils a State-of-the-Art, Immersive Healthcare Solutions Showcase

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is excited to unveil its new state-of-the-art healthcare solutions ...

21 days ago - Business Wire

Belden's Hiran Bhadra Promoted to Sr. Vice President, Strategy & Technology

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of digitization and network infrastructure solutions, announced today the promotion of Hiran Bhadra to the role of Sr. Vi...

6 weeks ago - Business Wire

Belden Launches Single Pair Ethernet Lite Managed Switch

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the launch of its BEETLE Single Pair Ethernet (SPE)...

6 weeks ago - Business Wire

Belden Launches New Solutions to Enable Better Connectivity, Faster Speeds and More Power for Mission-Critical Environments

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, announces new products designed to help mission-critical environmen...

7 weeks ago - Business Wire

Belden Declares Quarterly Dividend

ST. LOUIS--(BUSINESS WIRE)--The Board of Directors of Belden Inc. (NYSE: BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on April 9, 2024, to shareholder...

2 months ago - Business Wire

Belden Launches Hirschmann BXP (BOBCAT eXtreme Performance) Managed Switch

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the launch of its Hirschmann BXP (BOBCAT eXtreme Pe...

2 months ago - Business Wire

Belden PROVIZE Suite Simplifies Network Planning, Configuration and Commissioning Advanced PROVIZE Planner Joins PROVIZE Suite for Enhanced Usability

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the release of its PROVIZE Suite. A robust network ...

2 months ago - Business Wire

Belden's ESG Efforts Receive Industry Recognition

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is honored to have its Environmental, Social and Governance (ESG) e...

2 months ago - Business Wire

New York Governor Visits Belden, Announces Multimillion Dollar Award to Support Syracuse-based Growth Initiatives

SYRACUSE, N.Y.--(BUSINESS WIRE)--Governor Kathy Hochul highlights $2.4 million in grants and tax credits to spur operational expansion in Belden's Syracuse, NY, location.

2 months ago - Business Wire

Belden Reports Fourth Quarter and Full Year 2023 Results

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC) (the “Company”), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal fourth quarter and full year ...

2 months ago - Business Wire

CORRECTING and REPLACING Belden Technology and Applications Manager Receives Prestigious Harry J. Pfister Award for Excellence in Telecommunications

ST. LOUIS--(BUSINESS WIRE)--Please replace the release dated February 1, 2024 with the following corrected version due to multiple revisions. The updated release reads: BELDEN TECHNOLOGY AND APPLICATI...

2 months ago - Business Wire

Belden Technology and Applications Manager Receives Prestigious Harry J. Pfister Award for Excellence in Telecommunications

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is thrilled to announce that Ron Tellas, technology and application...

2 months ago - Business Wire

Belden to Announce Fourth Quarter and Full Year 2023 Results

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, will report results for the fiscal fourth quarter and full year ended December 31, 2...

3 months ago - Business Wire

Belden Expands Operations in India with Phase 2 of Pune Plant

PUNE, India--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, has marked a significant milestone in its operations in India wit...

3 months ago - Business Wire

Belden Opens New Customer Innovation Center in Bengaluru, India

BENGALURU, India--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today inaugurated its fifth Customer Innovation Center (CIC)...

3 months ago - Business Wire

Belden Expands Data Solutions with the Belden Horizon Software Suite

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. has announced the expansion of its data engineering capabilities through the Belden Horizon software suite.

5 months ago - Business Wire

Belden Launches New Solutions to Simplify Network Connectivity and Security

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, announces new products that streamline power and data transmission,...

5 months ago - Business Wire

Belden Leaders Join Senate Majority Leader Schumer, White House for Virtual Meeting

SYRACUSE, N.Y.--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, earlier today joined Senator Chuck Schumer, Senior White House...

5 months ago - Business Wire

Belden SPS 2023 Exhibit Showcases Industrial Automation Solutions

NECKARTENZLINGEN, Germany--(BUSINESS WIRE)--Belden (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, will showcase its Industrial Automation Solutions portfo...

5 months ago - Business Wire

Belden Honored as Top 3 Organization in IDC's Future of Intelligence North America Award

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, has been named among the top 3 winners in IDC's 2023 Future Enterpr...

6 months ago - Business Wire

Belden Reports Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC) (the “Company”), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal third quarter results for the...

6 months ago - Business Wire

Belden's New FX ECX Wall-Mount Fiber Enclosures Bring Fiber Connections Closer to Users and Devices

ST. LOUIS--(BUSINESS WIRE)--Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, offers a new way for installers to bring fiber connections closer t...

6 months ago - Business Wire