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
Industry Fluid meters & counting devices
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Phone414-355-0400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$402.44 million
Profitability
Miscellaneous
Employees1,632
OptionableOptionable
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, November 9th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.15 per share on Friday, December 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, November 29th. 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 issued to shareholders after the closing bell 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 announced that its Board of Directors has approved a stock repurchase plan on Sunday, April 9th 2017, which permits the company to buyback 400,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Badger Meter's earnings last quarter?
Badger Meter, Inc. (NYSE:BMI) released its quarterly earnings results on Wednesday, October, 17th. The scientific and technical instruments company reported $0.46 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.05. The scientific and technical instruments company had revenue of $110.60 million for the quarter, compared to the consensus estimate of $109.67 million. Badger Meter had a return on equity of 14.21% and a net margin of 5.58%. The company's revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. View Badger Meter's Earnings History.
When is Badger Meter's next earnings date?
How can I listen to Badger Meter's earnings call?
Badger Meter will be holding an earnings conference call on Tuesday, February 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.
What price target have analysts set for BMI?
6 brokerages have issued 12 month price objectives for Badger Meter's stock. Their forecasts range from $43.00 to $65.00. On average, they anticipate Badger Meter's stock price to reach $49.40 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. View Analyst Price Targets for Badger Meter.
What is the consensus analysts' recommendation for Badger Meter?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 5 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 remains optimistic about 2019 due to solid backlog and strength in flagship products. It is poised to gain from rising demand for E-Series meters and ORION cellular endpoints. The company continues to make progress in its various innovative technologies including D-Flow ultrasonic technology. Moreover, inclusion in AT&T’s Smart City Alliance will allow Badger Meter to explore new ways for its smart water solutions to join forces with industry-leading cellular networks. A number of impactful product-development initiatives are currently underway and the company is expected to launch Cat-M chips, which are the next-generation chips for business-to-business cellular communication, in first-quarter 2019. The stock has outperformed the industry in the past year on an average. However, volatility in copper prices will likely hurt revenues and impair its long-term growth potential to some extent." (1/8/2019)
- 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)
Has Badger Meter been receiving favorable news coverage?
Media stories about BMI stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Badger Meter earned a news impact score of -2.1 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near future.
Who are some of Badger Meter's key competitors?
Some companies that are related to Badger Meter include HubSpot (HUBS), National Instruments (NATI), Momo (MOMO), Ciena (CIEN), Trade Desk (TTD), Turkcell Iletisim Hizmetleri A.S. (TKC), Zscaler (ZS), Logitech International (LOGI), New Relic (NEWR), Bruker (BRKR), ARRIS International (ARRS), Monolithic Power Systems (MPWR), Ceridian HCM (CDAY), SEIKO EPSON COR/ADR (SEKEY) and GEMALTO NV/S (GTOMY).
Who are Badger Meter's key executives?
Badger Meter's management team includes the folowing people:
- Mr. Richard A. Meeusen, Chairman (Age 64)
- Mr. Kenneth C. Bockhorst, Pres & CEO (Age 46)
- Mr. Richard E. Johnson, Sr. VP of Admin. (Age 64)
- Mr. Kimberly K. Stoll, VP of Sales & Marketing (Age 53)
- Mr. Horst E. Gras, VP of International Operations (Age 63)
Who are Badger Meter's major shareholders?
Badger Meter's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cardinal Capital Management (0.07%), Louisiana State Employees Retirement System (0.04%), Bank of Montreal Can (0.04%), Virtu Financial LLC (0.03%), BB&T Corp (0.03%) and Carlson Capital Management (0.02%). 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 Todd J Teske. View Institutional Ownership Trends for Badger Meter.
Which major investors are selling Badger Meter stock?
BMI stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and Bank of Montreal Can. Company insiders that have sold Badger Meter company stock in the last year include 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 and Todd J Teske. View Insider Buying and Selling for Badger Meter.
Which major investors are buying Badger Meter stock?
BMI stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Clean Yield Group, Carlson Capital Management, BB&T Corp and Cardinal Capital Management. 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 $51.69.
How big of a company is Badger Meter?
Badger Meter has a market capitalization of $1.50 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.
What is Badger Meter's official website?
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.
