Belden (NYSE:BDC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.430-1.530 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
A number of analysts have issued reports on the stock. StockNews.com cut shares of Belden from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 2nd. Benchmark reiterated a “buy” rating and issued a $130.00 target price on shares of Belden in a research note on Friday, January 24th. Finally, Truist Financial lifted their target price on shares of Belden from $124.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $122.75.
Check Out Our Latest Stock Report on BDC
Belden Stock Performance
Belden (NYSE:BDC – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The industrial products company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.24. Belden had a net margin of 8.06% and a return on equity of 21.42%. As a group, analysts anticipate that Belden will post 7.76 earnings per share for the current fiscal year.
Belden Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 12th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date was Thursday, December 12th. Belden’s dividend payout ratio (DPR) is currently 4.16%.
About Belden
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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