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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Will This Be the Worst U.S. Crisis Ever? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Will This Be the Worst U.S. Crisis Ever? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Will This Be the Worst U.S. Crisis Ever? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Germany urged to cap heat in offices this winter to save gas
3rd Massive Dollar Upheaval Has Started (Ad)
NYSE:BMI

Badger Meter - BMI Stock Forecast, Price & News

$100.42
+1.65 (+1.67%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$98.22
$100.76
50-Day Range
$73.66
$100.42
52-Week Range
$73.20
$112.36
Volume
72,360 shs
Average Volume
131,217 shs
Market Capitalization
$2.94 billion
P/E Ratio
45.85
Dividend Yield
0.80%
Price Target
$94.67

Badger Meter MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.7% Downside
$94.67 Price Target
Short Interest
Healthy
3.78% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.87
Upright™ Environmental Score
News Sentiment
1.05mentions of Badger Meter in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$227,697 Sold Last Quarter
Proj. Earnings Growth
12.61%
From $2.30 to $2.59 Per Share

Overall MarketRank

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

2.22 out of 5 stars

Computer And Technology Sector

356th out of 665 stocks

Fluid Meters & Counting Devices Industry

1st out of 2 stocks

BMI stock logo

About Badger Meter (NYSE:BMI) Stock

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. 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, oil, 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. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, 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. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.

Wall Street Analysts Forecast Growth

BMI has been the topic of a number of analyst reports. Northcoast Research assumed coverage on Badger Meter in a report on Friday, July 15th. They set a "neutral" rating on the stock. Stifel Nicolaus cut their target price on shares of Badger Meter from $88.00 to $79.00 in a research note on Wednesday, July 20th. TheStreet raised shares of Badger Meter from a "c+" rating to a "b-" rating in a research note on Wednesday, August 3rd. Morgan Stanley reduced their price objective on shares of Badger Meter from $95.00 to $80.00 and set an "underweight" rating on the stock in a research note on Thursday, June 9th. Finally, StockNews.com lowered shares of Badger Meter from a "buy" rating to a "hold" rating in a research report on Saturday, April 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Badger Meter currently has a consensus rating of "Hold" and a consensus target price of $94.67.

Badger Meter Price Performance

BMI opened at $100.42 on Friday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 45.85 and a beta of 0.86. Badger Meter has a 12 month low of $73.20 and a 12 month high of $112.36. The business has a 50-day moving average of $84.71 and a two-hundred day moving average of $89.33.

Badger Meter (NYSE:BMI - Get Rating) last released its earnings results on Wednesday, July 20th. The scientific and technical instruments company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.04. The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $132.04 million. Badger Meter had a net margin of 12.00% and a return on equity of 15.83%. Badger Meter's revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 earnings per share. Equities research analysts anticipate that Badger Meter will post 2.3 earnings per share for the current year.

Badger Meter Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 26th will be given a $0.225 dividend. This is a positive change from Badger Meter's previous quarterly dividend of $0.20. This represents a $0.90 annualized dividend and a dividend yield of 0.90%. Badger Meter's dividend payout ratio (DPR) is 36.53%.

Insider Activity at Badger Meter

In other Badger Meter news, VP William R. A. Bergum sold 2,362 shares of the company's stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $96.40, for a total transaction of $227,696.80. Following the completion of the sale, the vice president now directly owns 11,861 shares in the company, valued at $1,143,400.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.80% of the stock is owned by insiders.

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BMI Stock News Headlines

Badger Meter (NYSE:BMI) Rating Increased to B- at TheStreet
BCE Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y
Best Momentum Stocks to Buy for July 25th
Company News for Jul 21, 2022
Badger Meter (NYSE:BMI) Shares Gap Up After Strong Earnings
Badger Meter earnings preview: what to expect
See More Headlines
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BMI Company Calendar

Ex-Dividend for 6/10 Dividend
5/26/2022
Dividend Payable
6/10/2022
Last Earnings
7/20/2022
Today
8/13/2022
Dividend Payable
9/09/2022
Next Earnings (Estimated)
10/21/2022
Fiscal Year End
12/31/2022
Ex-Dividend for 9/9 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Fluid meters & counting devices
Sub-Industry
Electronic Equipment & Instruments
CUSIP
05652510
CIK
9092
Employees
1,837
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$94.67
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$79.00
Forecasted Upside/Downside
-5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$60.88 million
Pretax Margin
15.55%

Debt

Sales & Book Value

Annual Sales
$505.20 million
Cash Flow
$3.03 per share
Book Value
$14.22 per share

Miscellaneous

Free Float
29,035,000
Market Cap
$2.94 billion
Optionable
Optionable
Beta
0.86

Key Executives

  • Mr. Kenneth C. Bockhorst (Age 49)
    Chairman, Pres & CEO
    Comp: $2.4M
  • Mr. Robert A. Wrocklage (Age 43)
    Sr. VP & CFO
    Comp: $838.79k
  • Mr. William R. A. Bergum (Age 57)
    VP, Gen. Counsel & Sec.
    Comp: $518.49k
  • Mr. Kimberly K. Stoll (Age 56)
    VP of Sales & Marketing
    Comp: $552.92k
  • Mr. William J. Parisen (Age 55)
    VP of Global Operations
  • Ms. Karen Bauer
    VP of Investor Relations, Corp. Strategy & Treasurer
  • Ms. Sheryl L. Hopkins (Age 54)
    VP of HR
  • Mr. Daniel R. Weltzien (Age 43)
    VP & Controller













BMI Stock - Frequently Asked Questions

Should I buy or sell Badger Meter stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 1 sell rating, 1 hold rating 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 forecast for 2022?

3 brokerages have issued 1 year price targets for Badger Meter's shares. Their BMI share price forecasts range from $79.00 to $125.00. On average, they predict the company's share price to reach $94.67 in the next twelve months. This suggests that the stock has a possible downside of 5.7%.
View analysts price targets for BMI
or view top-rated stocks among Wall Street analysts.

How have BMI shares performed in 2022?

Badger Meter's stock was trading at $106.56 at the start of the year. Since then, BMI shares have decreased by 5.8% and is now trading at $100.42.
View the best growth stocks for 2022 here
.

Are investors shorting Badger Meter?

Badger Meter saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,100,000 shares, a drop of 8.3% from the July 15th total of 1,200,000 shares. Based on an average trading volume of 121,700 shares, the short-interest ratio is currently 9.0 days. Currently, 3.8% of the shares of the company are sold short.
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 Friday, October 21st 2022.
View our BMI earnings forecast
.

How were Badger Meter's earnings last quarter?

Badger Meter, Inc. (NYSE:BMI) announced its quarterly earnings data on Wednesday, July, 20th. The scientific and technical instruments company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.04. The scientific and technical instruments company earned $137.80 million during the quarter, compared to the consensus estimate of $132.04 million. Badger Meter had a net margin of 12.00% and a trailing twelve-month return on equity of 15.83%. Badger Meter's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 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, August 12th. Stockholders of record on Friday, August 26th will be given a dividend of $0.225 per share on Friday, September 9th. This represents a $0.90 dividend on an annualized basis and a yield of 0.90%. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for BMI
.

Is Badger Meter a good dividend stock?

Badger Meter (NYSE:BMI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.81%. 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 36.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMI will have a dividend payout ratio of 30.89% 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 before market open on Friday, September 16th 2016. The 2-1 split was announced on Friday, August 12th 2016. The newly created shares were distributed 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).

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 many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (3.45%), Kayne Anderson Rudnick Investment Management LLC (2.51%), Allianz Asset Management GmbH (1.76%), Northern Trust Corp (1.13%), Boston Trust Walden Corp (1.08%) and KBC Group NV (0.70%). Insiders that own company stock include Fred J Begale, Gail A Lione, Gregory M Gomez, Kimberly K Stoll, Richard A Meeusen 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 $100.42.

How much money does Badger Meter make?

Badger Meter (NYSE:BMI) has a market capitalization of $2.94 billion and generates $505.20 million in revenue each year. The scientific and technical instruments company earns $60.88 million in net income (profit) each year or $2.19 on an earnings per share basis.

How many employees does Badger Meter have?

The company employs 1,837 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 8/14/2022 by MarketBeat.com Staff

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