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NYSE:BMI

Badger Meter (BMI) Stock Price, News & Analysis

$197.70
+1.05 (+0.53%)
(As of 01:57 PM ET)
Today's Range
$195.02
$198.06
50-Day Range
$152.18
$197.99
52-Week Range
$134.06
$199.40
Volume
49,933 shs
Average Volume
188,503 shs
Market Capitalization
$5.81 billion
P/E Ratio
56.97
Dividend Yield
0.55%
Price Target
$164.80

Badger Meter MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
15.8% Downside
$164.80 Price Target
Short Interest
Bearish
4.15% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
1.12mentions of Badger Meter in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$448,167 Sold Last Quarter
Proj. Earnings Growth
10.03%
From $3.89 to $4.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Computer And Technology Sector

182nd out of 581 stocks

Fluid Meters & Counting Devices Industry

1st out of 2 stocks

BMI stock logo

About Badger Meter Stock (NYSE:BMI)

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. In addition, the company offers ORION Cellular endpoints to power network as a service; ORION mobile read endpoints support for deploying AMR solution; radio products; hardware, instruments, and sensors, and related software, to enhance connected data to a water utility's operation; water quality monitoring solutions, including optical sensing and electrochemical instruments; and high frequency pressure and leak detection sensors to aid in burst pipe and leak events; as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, commercial, and industrial industries; and provides training, project management, technical support, and other collaborative services for customers. It sells its products and software directly, as well as through resellers and representatives. The company was incorporated in 1905 and is based in Milwaukee, Wisconsin.

BMI Stock Price History

BMI Stock News Headlines

StockNews.com Downgrades Badger Meter (NYSE:BMI) to Hold
Bull of the Day: Badger Meter (BMI)
Badger Meter declares $0.27 dividend
BMI Earnings: Stock Spikes on Q1 Beat
Q1 2024 Badger Meter Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/22/2024
Dividend Payable
3/08/2024
Last Earnings
4/18/2024
Today
5/21/2024
Ex-Dividend for 6/7 Dividend
5/23/2024
Dividend Payable
6/07/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fluid meters & counting devices
Sub-Industry
Electronic Equipment & Instruments
CUSIP
05652510
CIK
9092
Employees
2,140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$164.80
High Stock Price Target
$207.00
Low Stock Price Target
$120.00
Potential Upside/Downside
-16.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$92.60 million
Pretax Margin
18.15%

Debt

Sales & Book Value

Annual Sales
$703.59 million
Cash Flow
$4.11 per share
Book Value
$17.60 per share

Miscellaneous

Free Float
29,159,000
Market Cap
$5.79 billion
Optionable
Optionable
Beta
0.82
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Key Executives


BMI Stock Analysis - Frequently Asked Questions

Should I buy or sell Badger Meter stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 target for 2024?

5 equities research analysts have issued 1 year price objectives for Badger Meter's shares. Their BMI share price targets range from $120.00 to $207.00. On average, they predict the company's share price to reach $164.80 in the next twelve months. This suggests that the stock has a possible downside of 15.8%.
View analysts price targets for BMI
or view top-rated stocks among Wall Street analysts.

How have BMI shares performed in 2024?

Badger Meter's stock was trading at $154.37 at the beginning of 2024. Since then, BMI stock has increased by 26.8% and is now trading at $195.79.
View the best growth stocks for 2024 here
.

Are investors shorting Badger Meter?

Badger Meter saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,220,000 shares, an increase of 7.0% from the April 15th total of 1,140,000 shares. Based on an average trading volume of 184,100 shares, the short-interest ratio is presently 6.6 days.
View Badger Meter's Short Interest
.

When is Badger Meter's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our BMI earnings forecast
.

How were Badger Meter's earnings last quarter?

Badger Meter, Inc. (NYSE:BMI) released its quarterly earnings data on Thursday, April, 18th. The scientific and technical instruments company reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.17. The scientific and technical instruments company had revenue of $196.80 million for the quarter, compared to analysts' expectations of $182.25 million. Badger Meter had a trailing twelve-month return on equity of 20.26% and a net margin of 13.81%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter last year, the business posted $0.66 earnings per share.

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

Badger Meter announced a quarterly dividend on Friday, April 26th. Shareholders of record on Friday, May 24th will be given a dividend of $0.27 per share on Friday, June 7th. This represents a $1.08 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Thursday, May 23rd.
Read our dividend analysis for BMI
.

Is Badger Meter a good dividend stock?

Badger Meter (NYSE:BMI) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.55%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMI will have a dividend payout ratio of 25.23% 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?

Badger Meter shares split on 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 market closes 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).

Who are Badger Meter's major shareholders?

Badger Meter's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.50%), Congress Asset Management Co. MA (0.95%), Mirae Asset Global Investments Co. Ltd. (0.69%), Principal Financial Group Inc. (0.55%), Gabelli Funds LLC (0.37%) and ProShare Advisors LLC (0.34%). Insiders that own company stock include Fred J Begale, Gail A Lione, Gregory M Gomez, Kimberly K Stoll, Todd A Adams 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BMI) was last updated on 5/21/2024 by MarketBeat.com Staff

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