Bel Fuse (BELFA) to Release Quarterly Earnings on Thursday

Bel Fuse (NASDAQ:BELFA) will be releasing its earnings data after the market closes on Thursday, April 25th. Investors that are interested in registering for the company’s conference call can do so using this link.

Bel Fuse (NASDAQ:BELFA) last issued its quarterly earnings data on Wednesday, February 21st. The scientific and technical instruments company reported $1.29 EPS for the quarter. The firm had revenue of $140.01 million during the quarter. Bel Fuse had a return on equity of 26.57% and a net margin of 11.54%.

Bel Fuse Price Performance

Shares of BELFA opened at $69.51 on Thursday. The stock’s fifty day moving average is $69.10 and its 200-day moving average is $60.99. The firm has a market capitalization of $886.95 million, a price-to-earnings ratio of 12.57 and a beta of 1.41. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.21 and a current ratio of 3.45. Bel Fuse has a one year low of $33.04 and a one year high of $78.77.

Bel Fuse Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Friday, April 12th. Bel Fuse’s dividend payout ratio is presently 4.34%.

Institutional Investors Weigh In On Bel Fuse

Several hedge funds and other institutional investors have recently made changes to their positions in BELFA. Renaissance Technologies LLC lifted its holdings in shares of Bel Fuse by 6.5% during the 1st quarter. Renaissance Technologies LLC now owns 26,200 shares of the scientific and technical instruments company’s stock valued at $952,000 after purchasing an additional 1,600 shares in the last quarter. State Street Corp acquired a new position in shares of Bel Fuse in the second quarter valued at approximately $543,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Bel Fuse during the third quarter worth $415,000. Northern Trust Corp bought a new stake in Bel Fuse in the 2nd quarter valued at $413,000. Finally, Citadel Advisors LLC acquired a new position in Bel Fuse in the 2nd quarter worth $204,000. 6.01% of the stock is owned by institutional investors and hedge funds.

Bel Fuse Company Profile

Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.