NYSE:BMI Badger Meter (BMI) Stock Forecast, Price & News $145.00 +2.93 (+2.06%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$140.19▼$145.3050-Day Range$118.08▼$144.8952-Week Range$73.20▼$145.30Volume139,901 shsAverage Volume136,735 shsMarket Capitalization$4.25 billionP/E Ratio59.43Dividend Yield0.62%Price Target$121.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Badger Meter MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside16.3% Downside$121.40 Price TargetShort InterestBearish3.67% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.87Upright™ Environmental ScoreNews Sentiment0.87Based on 10 Articles This WeekInsider TradingSelling Shares$46,096 Sold Last QuarterProj. Earnings Growth8.18%From $2.69 to $2.91 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector340th out of 609 stocksFluid Meters & Counting Devices Industry2nd out of 2 stocks 1.0 Analyst's Opinion Consensus RatingBadger Meter has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $121.40, Badger Meter has a forecasted downside of 16.3% from its current price of $145.00.Amount of Analyst CoverageBadger Meter has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.67% of the float of Badger Meter has been sold short.Short Interest Ratio / Days to CoverBadger Meter has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Badger Meter has recently increased by 0.94%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldBadger Meter has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthBadger Meter has been increasing its dividend for 30 years.Dividend CoverageThe dividend payout ratio of Badger Meter is 36.89%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Badger Meter will have a dividend payout ratio of 30.93% next year. This indicates that Badger Meter will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBadger Meter has received a -21.43% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Non-GHG emissions". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Hydraulic actuators", "Pressure regulators", and "Flow measurement sensors" products. See details.Environmental SustainabilityThe Environmental Impact score for Badger Meter is -2.87. Previous Next 3.3 News and Social Media Coverage News SentimentBadger Meter has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Badger Meter this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for BMI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Badger Meter to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Badger Meter insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $46,096.00 in company stock.Percentage Held by InsidersOnly 0.70% of the stock of Badger Meter is held by insiders.Percentage Held by Institutions86.21% of the stock of Badger Meter is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Badger Meter are expected to grow by 8.18% in the coming year, from $2.69 to $2.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Badger Meter is 59.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Badger Meter is 59.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 314.91.Price to Book Value per Share RatioBadger Meter has a P/B Ratio of 9.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Badger Meter (NYSE:BMI) StockBadger 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.Read More Receive BMI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Badger Meter and its competitors with MarketBeat's FREE daily newsletter. Email Address BMI Stock News HeadlinesJune 2, 2023 | finance.yahoo.comGuidewire (GWRE) Q3 Loss Narrower Than Expected, Revenues UpJune 2, 2023 | finance.yahoo.comCirrus Logic (CRUS) Unveils Enhanced Audio Solution for PCsJune 4, 2023 | Chaikin Analytics (Ad)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.June 1, 2023 | finance.yahoo.comWhat Makes Badger Meter (BMI) a New Strong Buy StockJune 1, 2023 | finance.yahoo.comNetApp (NTAP) Q4 Earnings Top Estimates, Revenues Fall Y/YMay 31, 2023 | seekingalpha.comBadger Meter: Promising Future But Valuation Remains A ConcernMay 30, 2023 | msn.com3 Industrial Stocks that Consistently Beat the MarketMay 30, 2023 | finance.yahoo.comCadence (CDNS) Expands Strategic Partnership With ArmJune 4, 2023 | Chaikin Analytics (Ad)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.May 28, 2023 | fool.comBadger Meter (NYSE: BMI)May 25, 2023 | finance.yahoo.comSensata (ST) Down 6% Since Last Earnings Report: Can It Rebound?May 23, 2023 | americanbankingnews.comBadger Meter, Inc. (BMI) to Issue Quarterly Dividend of $0.23 on June 6thMay 22, 2023 | finance.yahoo.comBadger Meter (BMI) Surges 31% YTD: Will the Uptrend Continue?May 20, 2023 | americanbankingnews.comBadger Meter (NYSE:BMI) Now Covered by Analysts at StockNews.comMay 18, 2023 | finance.yahoo.comBlackBerry (BB) Outlines Long-Term Goals: Key HighlightsMay 17, 2023 | finance.yahoo.comWIX Q1 Earnings & Revenues Beat Estimates, Increase Y/YMay 17, 2023 | americanbankingnews.comBadger Meter, Inc. (NYSE:BMI) Receives $121.40 Consensus PT from BrokeragesMay 16, 2023 | finance.yahoo.comWestern Digital (WDC) and Kioxia Accelerate Merger TalksMay 15, 2023 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why Badger Meter (BMI) is a Solid ChoiceMay 11, 2023 | finance.yahoo.comAre Computer and Technology Stocks Lagging Badger Meter (BMI) This Year?May 8, 2023 | finance.yahoo.comBCE's Q1 Earnings Beat Estimates, Revenues Increase Y/YMay 5, 2023 | finance.yahoo.comDolby's (DLB) Q2 Earnings & Revenues Beat Estimates, Up Y/YMay 5, 2023 | finance.yahoo.comItron (ITRI) Q1 Earnings & Revenues Beat Estimates, Rise Y/YMay 3, 2023 | finance.yahoo.comCDW's Q1 Earnings & Revenues Surpass Estimates, Down Y/YMay 3, 2023 | americanbankingnews.comBadger Meter, Inc. Forecasted to Earn FY2023 Earnings of $2.63 Per Share (NYSE:BMI)May 1, 2023 | msn.comBadger Meter (BMI) Declares $0.22 DividendApril 28, 2023 | finance.yahoo.comInvestors Met With Slowing Returns on Capital At Badger Meter (NYSE:BMI)See More Headlines BMI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BMI Company Calendar Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Last Earnings4/20/2023Ex-Dividend for 6/6 Dividend5/25/2023Today6/04/2023Dividend Payable6/06/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fluid meters & counting devices Sub-IndustryElectronic Equipment & Instruments SectorComputer and Technology Current SymbolNYSE:BMI CUSIP05652510 CIK9092 Webwww.badgermeter.com Phone(414) 355-0400Fax414-355-7499Employees1,976Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.44 Trailing P/E Ratio59.43 Forward P/E Ratio53.90 P/E GrowthN/ANet Income$66.50 million Net Margins12.08% Pretax Margin15.96% Return on Equity16.45% Return on Assets12.07% Debt Debt-to-Equity RatioN/A Current Ratio3.12 Quick Ratio1.97 Sales & Book Value Annual Sales$565.57 million Price / Sales7.52 Cash Flow$3.23 per share Price / Cash Flow44.84 Book Value$15.63 per share Price / Book9.28Miscellaneous Outstanding Shares29,320,000Free Float29,110,000Market Cap$4.25 billion OptionableOptionable Beta0.88 Key ExecutivesKenneth C. BockhorstChairman, President & Chief Executive OfficerRobert A. WrocklageChief Financial Officer & Senior Vice PresidentFred J. BegaleVice President-EngineeringWilliam R. A. BergumSecretary, Vice President & General CounselRichard HtweVice President-Global OperationsKey CompetitorsAvnetNASDAQ:AVTSigma LithiumNASDAQ:SGMLBOXNYSE:BOXMaxar TechnologiesNYSE:MAXRDiodesNASDAQ:DIODView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 2,240 shares on 6/1/2023Ownership: 0.008%ProShare Advisors LLCSold 463 shares on 5/26/2023Ownership: 0.375%Royce & Associates LPSold 1,585 shares on 5/23/2023Ownership: 0.029%Ameriprise Financial Inc.Sold 4,223 shares on 5/22/2023Ownership: 0.380%JPMorgan Chase & Co.Bought 1,148 shares on 5/18/2023Ownership: 2.655%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Badger Meter's stock? ETFs with the largest weight of Badger Meter (NYSE:BMI) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), ProShares S&P Technology Dividend Aristocrats ETF (TDV), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Janus Henderson Small Cap Growth Alpha ETF (JSML), Global X Clean Water ETF (AQWA), Global X Internet of Things Thematic ETF (SNSR), Dividend Performers ETF (IPDP) and iShares MSCI Water Management Multisector ETF (IWTR). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Badger Meter, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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