Belden (NYSE:BDC – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.430-1.530 for the period, compared to the consensus earnings per share estimate of 1.620. The company issued revenue guidance of $605.0 million-$620.0 million, compared to the consensus revenue estimate of $634.5 million.
Wall Street Analyst Weigh In
A number of research firms have weighed in on BDC. Truist Financial upped their target price on Belden from $124.00 to $136.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Benchmark reiterated a “buy” rating and set a $130.00 target price on shares of Belden in a report on Friday, January 24th. Finally, StockNews.com downgraded Belden from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 2nd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $122.75.
Read Our Latest Research Report on BDC
Belden Stock Up 0.1 %
Belden (NYSE:BDC – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.24. Belden had a return on equity of 20.55% and a net margin of 7.61%. On average, equities analysts predict that Belden will post 6.12 earnings per share for the current fiscal year.
Belden Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.17%. Belden’s payout ratio is currently 4.65%.
Belden Company Profile
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 networks, data centers, access control, 5G, fiber to the home, and building automation.
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