NYSE:BMI - Badger Meter Stock Price, Price Target & More

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$46.12 -0.43 (-0.92 %)
(As of 06/21/2018 12:19 PM ET)
Previous Close$46.20
Today's Range$45.85 - $46.20
52-Week Range$39.10 - $52.10
Volume1,319 shs
Average Volume103,993 shs
Market Capitalization$1.36 billion
P/E Ratio38.74
Dividend Yield1.11%
Beta0.67
Badger Meter logoBadger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. It offers mechanical and electronic water meters, and related technologies and services to municipal water utilities; and meters and valves to measure and control materials flowing through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases, as well as for use in water/wastewater, heating, ventilating and air conditioning, oil and gas, chemical and petrochemical, test and measurement, automotive aftermarket, and the concrete construction process industries. The company also provides flow instrumentation technologies to original equipment manufacturers as the primary flow measurement device within a product or system; ORION Migratable for mobile meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that creates alerts for specific conditions and consumer engagement tools that allow end water customers to view and manage their water usage activity. It also serves municipalities, and commercial and industrial customers. The company sells its products through employees, resellers, and representatives. Badger Meter, Inc. was founded in 1905 and is headquartered in Milwaukee, Wisconsin.

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Industry, Sector and Symbol

Industry Fluid meters & counting devices
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNYSE:BMI
CUSIP05652510
Phone414-355-0400

Debt

Debt-to-Equity RatioN/A
Current Ratio1.88
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio38.74
Forward P/E Ratio33.66
P/E Growth3.78

Sales & Book Value

Annual Sales$402.44 million
Price / Sales3.34
Cash Flow$1.9983 per share
Price / Cash23.08
Book Value$9.53 per share
Price / Book4.84

Profitability

EPS (Most Recent Fiscal Year)$1.19
Net Income$34.57 million
Net Margins8.22%
Return on Equity12.11%
Return on Assets8.60%

Miscellaneous

Employees1,632
Outstanding Shares29,110,000

Badger Meter (NYSE:BMI) Frequently Asked Questions

What is Badger Meter's stock symbol?

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

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

Badger Meter announced a quarterly dividend on Friday, April 27th. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.13 per share on Friday, June 15th. This represents a $0.52 annualized dividend and a yield of 1.13%. The ex-dividend date is Wednesday, May 30th. View Badger Meter's Dividend History.

When did Badger Meter's stock split? How did Badger Meter's stock split work?

Badger Meter shares split before market open 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 Badger Meter stock prior to the split would have 200 shares after the split.

How will Badger Meter's stock buyback program work?

Badger Meter declared that its Board of Directors has approved a stock repurchase plan on Sunday, April 9th 2017, which allows the company to buyback 400,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

How were Badger Meter's earnings last quarter?

Badger Meter, Inc. (NYSE:BMI) issued its quarterly earnings results on Tuesday, April, 17th. The scientific and technical instruments company reported $0.26 EPS for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.11. The scientific and technical instruments company had revenue of $105.04 million for the quarter, compared to analysts' expectations of $107.17 million. Badger Meter had a return on equity of 12.11% and a net margin of 8.22%. The company's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.30 EPS. View Badger Meter's Earnings History.

When is Badger Meter's next earnings date?

Badger Meter is scheduled to release their next quarterly earnings announcement on Wednesday, July, 18th 2018. View Earnings Estimates for Badger Meter.

What price target have analysts set for BMI?

5 Wall Street analysts have issued 12-month price targets for Badger Meter's shares. Their forecasts range from $41.00 to $65.00. On average, they expect Badger Meter's stock price to reach $48.25 in the next twelve months. View Analyst Ratings for Badger Meter.

What are Wall Street analysts saying about Badger Meter stock?

Here are some recent quotes from research analysts about Badger Meter stock:
  • 1. According to Zacks Investment Research, "Badger Meter remains optimistic about second-quarter 2018 and for the full-year 2018 due to significant rise in backlog and increased order rates. Increased shipments for FIN, a joint venture between Balkan and Upinar — which utilizes Badger Meter’s D-Flow ultrasonic technology and continued strength in Flow Instrumentation orders are likely to drive growth. Also, the company is poised to gain from growing demand for E-Series meters and ORION cellular endpoints, as well as BEACON Advanced Metering Analytics managed solution. However, in a year’s time, Badger Meter has underperformed the industry average. Also, its estimates have been going down over the past couple of months. Moreover, elevated copper prices are likely to impact the company’s margins in the near future. This apart, the company will incur charges related to the termination of its frozen pension plan in 2018, which might affect earnings." (6/19/2018)
  • 2. Canaccord Genuity analysts commented, "We expect Badger will continue to benefit from favorable demand for water/flow measurement and conservation technologies in the future. While we historically have had no issues paying a premium for shares in general, we believe risk outweighs reward right here." (4/4/2018)

Who are some of Badger Meter's key competitors?

Who are Badger Meter's key executives?

Badger Meter's management team includes the folowing people:
  • Mr. Richard A. Meeusen, Chairman & CEO (Age 63)
  • Mr. Kenneth C. Bockhorst, Pres (Age 45)
  • Mr. Richard E. Johnson, Sr. VP of Fin., CFO & Treasurer (Age 63)
  • Mr. Kimberly K. Stoll, VP of Sales & Marketing (Age 52)
  • Mr. Horst E. Gras, VP of International Operations (Age 62)

Has Badger Meter been receiving favorable news coverage?

Press coverage about BMI stock has trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Badger Meter earned a news sentiment score of 0.10 on Accern's scale. They also assigned news stories about the scientific and technical instruments company an impact score of 47.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Badger Meter's major shareholders?

Badger Meter's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.88%), Kayne Anderson Rudnick Investment Management LLC (5.92%), Dimensional Fund Advisors LP (3.85%), Wells Fargo & Company MN (1.82%), Rockefeller Capital Management L.P. (1.27%) and Copeland Capital Management LLC (1.04%). Company insiders that own Badger Meter stock include Andrew J Policano, Beverly L P Smiley, Fred J Begale, Gale E Klappa, Gregory M Gomez, Horst Gras, Kimberly K Stoll, Raymond G Serdynski, Richard A Meeusen, Richard E Johnson, Ronald H Dix and William R A Bergum. View Institutional Ownership Trends for Badger Meter.

Which institutional investors are selling Badger Meter stock?

BMI stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, Suntrust Banks Inc., JPMorgan Chase & Co., Citadel Advisors LLC, Wells Fargo & Company MN, Morgan Dempsey Capital Management LLC and US Bancorp DE. Company insiders that have sold Badger Meter company stock in the last year include Andrew J Policano, Beverly L P Smiley, Fred J Begale, Gale E Klappa, Kimberly K Stoll, Richard A Meeusen and Richard E Johnson. View Insider Buying and Selling for Badger Meter.

Which institutional investors are buying Badger Meter stock?

BMI stock was bought by a variety of institutional investors in the last quarter, including Rockefeller Capital Management L.P., Copeland Capital Management LLC, Handelsbanken Fonder AB, Handelsbanken Fonder AB, BlackRock Inc., Russell Investments Group Ltd., Kayne Anderson Rudnick Investment Management LLC and Eagle Asset Management Inc.. View Insider Buying and Selling for Badger Meter.

How do I buy shares of Badger Meter?

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

What is Badger Meter's stock price today?

One share of BMI stock can currently be purchased for approximately $46.10.

How big of a company is Badger Meter?

Badger Meter has a market capitalization of $1.36 billion and generates $402.44 million in revenue each year. The scientific and technical instruments company earns $34.57 million in net income (profit) each year or $1.19 on an earnings per share basis. Badger Meter employs 1,632 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 scientific and technical instruments company can be reached via phone at 414-355-0400 or via email at [email protected]


MarketBeat Community Rating for Badger Meter (BMI)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  480
MarketBeat's community ratings are surveys of what our community members think about Badger Meter and other stocks. Vote "Outperform" if you believe BMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/21/2018 by MarketBeat.com Staff

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