Badger 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.
Industry, Sector and Symbol
Stock Exchange NYSE
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 Ratio1.96
Quick Ratio0.96
Price-To-Earnings
Trailing P/E Ratio44.20
Forward P/E Ratio38.39
P/E Growth4.24
Sales & Book Value
Annual Sales$402.44 million
Price / Sales3.80
Cash Flow$2.0388 per share
Price / Cash25.80
Book Value$9.53 per share
Price / Book5.52
Profitability
EPS (Most Recent Fiscal Year)$1.19
Net Income$34.57 million
Net Margins6.96%
Return on Equity12.51%
Return on Assets8.90%
Miscellaneous
Employees1,632
Outstanding Shares29,110,000
Market Cap$1.52 billion
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 declared a quarterly dividend on Friday, August 10th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.15 per share on Friday, September 14th. This represents a $0.60 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend is Thursday, August 30th. This is an increase from Badger Meter's previous quarterly dividend of $0.13. View Badger Meter's Dividend History.
When did Badger Meter's stock split? How did Badger Meter's stock split work?
Badger Meter's stock 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 payable 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 authorized a stock buyback program on Sunday, April 9th 2017, which permits the company to repurchase 400,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Badger Meter's earnings last quarter?
Badger Meter, Inc. (NYSE:BMI) announced its earnings results on Wednesday, July, 18th. The scientific and technical instruments company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.39 by $0.03. The scientific and technical instruments company earned $113.65 million during the quarter, compared to analyst estimates of $111.03 million. Badger Meter had a return on equity of 12.51% and a net margin of 6.96%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 earnings per share. View Badger Meter's Earnings History.
When is Badger Meter's next earnings date?
What price target have analysts set for BMI?
5 analysts have issued 1 year price objectives for Badger Meter's shares. Their forecasts range from $44.00 to $65.00. On average, they expect Badger Meter's stock price to reach $50.75 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Badger Meter.
What is the consensus analysts' recommendation for Badger Meter?
5 Wall Street 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, resulting in a consensus recommendation of "Hold." 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 reported promising results for the second-quarter 2018, representing both record revenues and adjusted earnings. The company remains positive about the second half of the year attributable to sizable backlog, continued interest in flagship products and the recent moderating of copper prices. Inclusion in AT&T’s Smart City Alliance, a framework created by AT&T, will allow Badger Meter to explore new ways for its smart water solutions to join forces with industry-leading cellular networks. The stock has outperformed the industry in the past three months on an average. However, the company faces charges related to termination of its frozen pension plan in 2018, affecting earnings. Any possible rise in copper prices in future is likely to hurt the company’s profitability. Badger Meter’s stretched valuation is a concern. Earnings estimate for the current year has also decreased significantly in the past 4 months." (7/24/2018)
- 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?
Some companies that are related to Badger Meter include Commscope (COMM), Cypress Semiconductor (CY), Cavium (CAVM), Ubiquiti Networks (UBNT), Vipshop (VIPS), Proofpoint (PFPT), Prysmian (PRY), Okta (OKTA), New Relic (NEWR), Monolithic Power Systems (MPWR), National Instruments (NATI), MuleSoft (MULE), Semiconductor Manufacturing Int'l (SMI), Gardner Denver (GDI) and ALPS Elec Ltd/ADR (APELY).
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?
News headlines about BMI stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Badger Meter earned a news and rumor sentiment score of 0.20 on Accern's scale. They also assigned news articles about the scientific and technical instruments company an impact score of 46.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Badger Meter.
Who are Badger Meter's major shareholders?
Badger Meter's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.84%), Dimensional Fund Advisors LP (3.91%), Wells Fargo & Company MN (2.36%), Bank of New York Mellon Corp (1.98%), Rockefeller Capital Management L.P. (1.32%) and Royce & Associates LP (1.16%). 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, Todd J Teske 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 Handelsbanken Fonder AB, Employees Retirement System of Texas, Royce & Associates LP, California Public Employees Retirement System, Metropolitan Life Insurance Co. NY, BNP Paribas Arbitrage SA, Bbva Compass Bancshares Inc. and Aperio Group LLC. 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, Raymond G Serdynski, Richard A Meeusen, Richard E Johnson and Todd J Teske. View Insider Buying and Selling for Badger Meter.
Which institutional investors are buying Badger Meter stock?
BMI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuance Investments LLC, Nan Shan Life Insurance Co. Ltd., Wells Fargo & Company MN, Citadel Advisors LLC, Russell Investments Group Ltd., KBC Group NV and Zurcher Kantonalbank Zurich Cantonalbank. 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 $52.60.
How big of a company is Badger Meter?
Badger Meter has a market capitalization of $1.52 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 (NYSE BMI)
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.
