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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
NYSE:BMI

Badger Meter (BMI) Stock Forecast, Price & News

$145.00
+2.93 (+2.06%)
(As of 06/2/2023 ET)
Compare
Today's Range
$140.19
$145.30
50-Day Range
$118.08
$144.89
52-Week Range
$73.20
$145.30
Volume
139,901 shs
Average Volume
136,735 shs
Market Capitalization
$4.25 billion
P/E Ratio
59.43
Dividend Yield
0.62%
Price Target
$121.40

Badger Meter MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.3% Downside
$121.40 Price Target
Short Interest
Bearish
3.67% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
0.87mentions of Badger Meter in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$46,096 Sold Last Quarter
Proj. Earnings Growth
8.18%
From $2.69 to $2.91 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Computer And Technology Sector

340th out of 609 stocks

Fluid Meters & Counting Devices Industry

2nd out of 2 stocks


BMI stock logo

About Badger Meter (NYSE:BMI) Stock

Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serve water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products include water meters and related technologies to municipal water utilities. Flow Instrumentation products include meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.

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BMI Stock News Headlines

Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"
He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"
He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.
Badger Meter (NYSE: BMI)
See More Headlines

BMI Price History

BMI Company Calendar

Ex-Dividend for 3/10 Dividend
2/23/2023
Dividend Payable
3/10/2023
Last Earnings
4/20/2023
Ex-Dividend for 6/6 Dividend
5/25/2023
Today
6/04/2023
Dividend Payable
6/06/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fluid meters & counting devices
Sub-Industry
Electronic Equipment & Instruments
CUSIP
05652510
CIK
9092
Employees
1,976
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$121.40
High Stock Price Forecast
$152.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
-16.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$66.50 million
Pretax Margin
15.96%

Debt

Sales & Book Value

Annual Sales
$565.57 million
Cash Flow
$3.23 per share
Book Value
$15.63 per share

Miscellaneous

Free Float
29,110,000
Market Cap
$4.25 billion
Optionable
Optionable
Beta
0.88

Key Executives

  • Kenneth C. Bockhorst
    Chairman, President & Chief Executive Officer
  • Robert A. Wrocklage
    Chief Financial Officer & Senior Vice President
  • Fred J. BegaleFred J. Begale
    Vice President-Engineering
  • William R. A. Bergum
    Secretary, Vice President & General Counsel
  • Richard Htwe
    Vice President-Global Operations













BMI Stock - Frequently Asked Questions

Should I buy or sell Badger Meter stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BMI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMI, but not buy additional shares or sell existing shares.
View BMI analyst ratings
or view top-rated stocks.

What is Badger Meter's stock price forecast for 2023?

5 Wall Street research analysts have issued 1 year price objectives for Badger Meter's stock. Their BMI share price forecasts range from $80.00 to $152.00. On average, they anticipate the company's stock price to reach $121.40 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
View analysts price targets for BMI
or view top-rated stocks among Wall Street analysts.

How have BMI shares performed in 2023?

Badger Meter's stock was trading at $109.03 at the beginning of 2023. Since then, BMI stock has increased by 33.0% and is now trading at $145.00.
View the best growth stocks for 2023 here
.

When is Badger Meter's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our BMI earnings forecast
.

How were Badger Meter's earnings last quarter?

Badger Meter, Inc. (NYSE:BMI) posted its quarterly earnings results on Thursday, April, 20th. The scientific and technical instruments company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.11. The scientific and technical instruments company had revenue of $159.10 million for the quarter, compared to analyst estimates of $142.73 million. Badger Meter had a trailing twelve-month return on equity of 16.45% and a net margin of 12.08%. Badger Meter's quarterly revenue was up 20.2% compared to the same quarter last year. During the same period last year, the business posted $0.49 earnings per share.

How often does Badger Meter pay dividends? What is the dividend yield for Badger Meter?

Badger Meter declared a quarterly dividend on Friday, April 28th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.225 per share on Tuesday, June 6th. This represents a $0.90 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for BMI
.

Is Badger Meter a good dividend stock?

Badger Meter (NYSE:BMI) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.63%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMI will have a dividend payout ratio of 30.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMI.

When did Badger Meter's stock split?

Shares of Badger Meter split on the morning of Friday, September 16th 2016. The 2-1 split was announced on Friday, August 12th 2016. The newly issued shares were issued to shareholders after the closing bell on Thursday, September 15th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Ken Bockhorst's approval rating as Badger Meter's CEO?

21 employees have rated Badger Meter Chief Executive Officer Ken Bockhorst on Glassdoor.com. Ken Bockhorst has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Badger Meter own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Badger Meter investors own include A. O. Smith (AOS), Cisco Systems (CSCO), General Mills (GIS), Intel (INTC), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Aflac (AFL), CVS Health (CVS), Ecolab (ECL) and Philip Morris International (PM).

What is Badger Meter's stock symbol?

Badger Meter trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMI."

Who are Badger Meter's major shareholders?

Badger Meter's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.50%), State Street Corp (6.03%), Impax Asset Management Group plc (3.57%), Dimensional Fund Advisors LP (2.74%), JPMorgan Chase & Co. (2.65%) and Kayne Anderson Rudnick Investment Management LLC (2.27%). Insiders that own company stock include Fred J Begale, Gail A Lione, Gregory M Gomez, Kimberly K Stoll and William R A Bergum.
View institutional ownership trends
.

How do I buy shares of Badger Meter?

Shares of BMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Badger Meter's stock price today?

One share of BMI stock can currently be purchased for approximately $145.00.

How much money does Badger Meter make?

Badger Meter (NYSE:BMI) has a market capitalization of $4.25 billion and generates $565.57 million in revenue each year. The scientific and technical instruments company earns $66.50 million in net income (profit) each year or $2.44 on an earnings per share basis.

How many employees does Badger Meter have?

The company employs 1,976 workers across the globe.

How can I contact Badger Meter?

Badger Meter's mailing address is 4545 WEST BROWN DEER ROAD, MILWAUKEE WI, 53223. The official website for the company is www.badgermeter.com. The scientific and technical instruments company can be reached via phone at (414) 355-0400, via email at investors@badgermeter.com, or via fax at 414-355-7499.

This page (NYSE:BMI) was last updated on 6/4/2023 by MarketBeat.com Staff

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