NYSE:BMIBadger Meter Stock Price, Forecast & News

$61.86

+0.45 (+0.73 %)

(As of 06/2/2020 10:16 AM ET)

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Today's Range

$61.04

Now: $61.86▼

$61.86

50-Day Range

$52.47

MA: $58.51▼

$63.64

52-Week Range

$41.50

Now: $61.86▼

$70.83

Volume310 shs

Average Volume141,404 shs

Market Capitalization$1.80 billion

P/E Ratio37.27

Dividend Yield1.11%

Beta0.82

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.

Beat the Market (BTM) Rank^™

0.9 Analyst's Opinion

Consensus Rating
Badger Meter has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $52.25, Badger Meter has a potential downside of 15.5% from its current price of $61.86.
Amount of Analyst Coverage
Badger Meter has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Badger Meter has received 249 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Badger Meter has received 403 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Badger Meter has received 61.81% “underperform” votes from our community.

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.

5.0 Dividend Strength

Dividend Leadership
Badger Meter is a leading dividend payer. It pays a dividend yield of 1.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Badger Meter has been increasing its dividend for 18 years.
Dividend Coverage
The dividend payout ratio of Badger Meter is 42.24 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Badger Meter will have a dividend payout ratio of 37.78 % next year. This indicates that Badger Meter will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Badger Meter insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,674,358.00 in company stock.
Percentage Held by Insiders
Only 0.80% of the stock of Badger Meter is held by insiders.
Percentage Held by Institutions
85.21% of the stock of Badger Meter is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Badger Meter are expected to grow by 13.21% in the coming year, from $1.59 to $1.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Badger Meter is 37.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Badger Meter is 37.27, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.56.
Price to Book Value per Share Ratio
Badger Meter has a P/B Ratio of 5.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.01 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fluid meters & counting devices

Sub-IndustryElectronic Equipment & Instruments

SectorComputer and Technology

Current SymbolNYSE:BMI

Previous Symbol

CUSIP05652510

CIK9092

Webwww.badgermeter.com

Phone414-355-0400

Debt

Debt-to-Equity RatioN/A

Current Ratio3.50

Quick Ratio2.27

Price-To-Earnings

Trailing P/E Ratio37.27

Forward P/E Ratio38.91

P/E GrowthN/A

Sales & Book Value

Annual Sales$424.63 million

Price / Sales4.24

Cash Flow$2.48 per share

Price / Cash Flow24.98

Book Value$11.37 per share

Price / Book5.44

Profitability

EPS (Most Recent Fiscal Year)$1.61

Net Income$47.18 million

Net Margins11.26%

Return on Equity14.76%

Return on Assets11.51%

Miscellaneous

Employees1,567

Outstanding Shares29,120,000

Market Cap$1.80 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Badger Meter (NYSE:BMI) Frequently Asked Questions

How has Badger Meter's stock been impacted by COVID-19 (Coronavirus)?

Badger Meter's stock was trading at $56.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BMI stock has increased by 8.9% and is now trading at $61.86. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Badger Meter?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last year. There are currently 1 sell rating and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Badger Meter.

When is Badger Meter's next earnings date?

Badger Meter is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Badger Meter.

How were Badger Meter's earnings last quarter?

Badger Meter, Inc. (NYSE:BMI) issued its quarterly earnings data on Thursday, April, 16th. The scientific and technical instruments company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The scientific and technical instruments company earned $108.50 million during the quarter, compared to analyst estimates of $106.67 million. Badger Meter had a return on equity of 14.76% and a net margin of 11.26%. The business's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. View Badger Meter's earnings history.

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

Badger Meter announced a quarterly dividend on Friday, April 24th. Shareholders of record on Friday, May 29th will be given a dividend of $0.17 per share on Friday, June 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Thursday, May 28th. View Badger Meter's dividend history.

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

Shares of Badger Meter split on the morning of Friday, September 16th 2016. The 2-1 split was announced on Friday, August 12th 2016. The newly issued shares were distributed 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.

What price target have analysts set for BMI?

5 Wall Street analysts have issued twelve-month target prices for Badger Meter's stock. Their forecasts range from $49.00 to $57.00. On average, they expect Badger Meter's stock price to reach $52.25 in the next twelve months. This suggests that the stock has a possible downside of 15.5%. View analysts' price targets for Badger Meter.

Has Badger Meter been receiving favorable news coverage?

Media headlines about BMI stock have trended very positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Badger Meter earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave news coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutBadger Meter.

Are investors shorting Badger Meter?

Badger Meter saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,680,000 shares, a decline of 9.7% from the April 30th total of 1,860,000 shares. Based on an average trading volume of 219,300 shares, the short-interest ratio is presently 7.7 days. Approximately 5.9% of the shares of the company are short sold. View Badger Meter's Current Options Chain.

Who are some of Badger Meter's key competitors?

Some companies that are related to Badger Meter include Cognex (CGNX), FLIR Systems (FLIR), National Instruments (NATI), Coherent (COHR), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT). View all competitors.

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 AFLAC (AFL), Cisco Systems (CSCO), General Mills (GIS), Intel (INTC), A. O. Smith (AOS), CVS Health (CVS), Walt Disney (DIS), Ecolab (ECL), Johnson & Johnson (JNJ) and Mcdonald's (MCD).

Who are Badger Meter's key executives?

Badger Meter's management team includes the following 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)

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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.43%), Impax Asset Management Group plc (5.41%), State Street Corp (3.40%), Invesco Ltd. (2.92%), Copeland Capital Management LLC (2.02%) and Wells Fargo & Company MN (1.84%). Company insiders that own Badger Meter stock include Beverly L P Smiley, Fred J Begale, Gregory M Gomez, Horst Gras, Kimberly K Stoll, Raymond G Serdynski, Richard A Meeusen, Richard E Johnson 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 Wells Fargo & Company MN, BlackRock Inc., Morgan Stanley, Morgan Stanley, Invesco Ltd., Russell Investments Group Ltd., KBC Group NV, and Bank of New York Mellon Corp. Company insiders that have sold Badger Meter company stock in the last year include Fred J Begale, Gregory M Gomez, and Richard A Meeusen. View insider buying and selling activity for Badger Meter.

Which major investors are buying Badger Meter stock?

BMI stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Impax Asset Management Group plc, State Street Corp, Boston Trust Walden Corp, Schroder Investment Management Group, Wellington Management Group LLP, Advisor Group Holdings Inc., and Geode Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Badger Meter's stock price today?

One share of BMI stock can currently be purchased for approximately $61.86.

How big of a company is Badger Meter?

Badger Meter has a market capitalization of $1.80 billion and generates $424.63 million in revenue each year. The scientific and technical instruments company earns $47.18 million in net income (profit) each year or $1.61 on an earnings per share basis. Badger Meter employs 1,567 workers across the globe.

What is Badger Meter's official website?

The official website for Badger Meter is www.badgermeter.com.

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff