What is Northland Capmk’s Estimate for Bel Fuse Q4 Earnings?

Bel Fuse Inc. (NASDAQ:BELFBFree Report) – Stock analysts at Northland Capmk decreased their Q4 2024 earnings per share (EPS) estimates for Bel Fuse in a note issued to investors on Monday, October 28th. Northland Capmk analyst B. Brooks now forecasts that the electronics maker will post earnings per share of $0.58 for the quarter, down from their previous forecast of $0.91. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Bel Fuse’s current full-year earnings is $4.52 per share.

BELFB has been the subject of several other research reports. Needham & Company LLC lifted their price objective on shares of Bel Fuse from $68.00 to $79.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Northland Securities boosted their price target on Bel Fuse from $80.00 to $95.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 1st. Finally, StockNews.com raised Bel Fuse from a “buy” rating to a “strong-buy” rating in a report on Friday, October 25th.

Read Our Latest Analysis on BELFB

Bel Fuse Stock Performance

Shares of BELFB opened at $76.90 on Wednesday. Bel Fuse has a one year low of $45.74 and a one year high of $85.91. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.19 and a quick ratio of 2.76. The stock has a market cap of $970.48 million, a price-to-earnings ratio of 13.02 and a beta of 1.34. The company has a 50-day moving average of $74.53 and a two-hundred day moving average of $68.19.

Hedge Funds Weigh In On Bel Fuse

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BELFB. Beach Investment Counsel Inc. PA bought a new position in Bel Fuse in the second quarter valued at approximately $25,000. nVerses Capital LLC acquired a new position in Bel Fuse during the third quarter worth $39,000. Comerica Bank increased its holdings in Bel Fuse by 223.7% during the first quarter. Comerica Bank now owns 738 shares of the electronics maker’s stock worth $45,000 after buying an additional 510 shares during the last quarter. SG Americas Securities LLC bought a new stake in Bel Fuse during the third quarter worth $200,000. Finally, One Wealth Advisors LLC acquired a new stake in Bel Fuse in the third quarter valued at $227,000. 58.39% of the stock is owned by institutional investors and hedge funds.

Bel Fuse Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.07 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.28 annualized dividend and a yield of 0.36%. Bel Fuse’s dividend payout ratio (DPR) is currently 4.71%.

About Bel Fuse

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Bel Fuse Inc designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. The company’s products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries.

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Earnings History and Estimates for Bel Fuse (NASDAQ:BELFB)

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