Badger Meter, Inc. (BMI)

NYSE: BMI · IEX Real-Time Price · USD
111.93
-4.22 (-3.63%)
Jan 27, 2023, 4:02 PM EST - Market closed
-3.63%
Market Cap 3.28B
Revenue (ttm) 553.99M
Net Income (ttm) 66.23M
Shares Out 29.27M
EPS (ttm) 2.26
PE Ratio 49.53
Forward PE 43.86
Dividend $0.85 (0.76%)
Ex-Dividend Date Nov 23, 2022
Volume 293,093
Open 105.01
Previous Close 116.15
Day's Range 103.93 - 115.99
52-Week Range 73.20 - 120.54
Beta 0.90
Analysts Buy
Price Target 103.43 (-7.59%)
Earnings Date Jan 27, 2023

About BMI

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... [Read more]

Sector Technology
CEO Kenneth Bockhorst
Employees 1,837
Stock Exchange NYSE
Ticker Symbol BMI
Full Company Profile

Financial Performance

In 2021, Badger Meter's revenue was $505.20 million, an increase of 18.72% compared to the previous year's $425.54 million. Earnings were $60.88 million, an increase of 23.39%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BMI stock is "Buy." The 12-month stock price forecast is $103.43, which is a decrease of -7.59% from the latest price.

Price Target
$103.43
(-7.59% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Badger Meter (BMI) Matches Q4 Earnings Estimates

Badger Meter (BMI) delivered earnings and revenue surprises of 0% and 1.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

14 hours ago - Zacks Investment Research

Badger Meter Reports Fourth Quarter and Full Year 2022 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the fourth quarter and full year ended December 31, 2022.

17 hours ago - Business Wire

Badger Meter (BMI) to Post Q4 Earnings: Key Factors to Note

Badger Meter's (BMI) fourth-quarter performance is likely to have benefited from increased demand for its digital smart water solutions.

3 days ago - Zacks Investment Research

Badger Meter (BMI) Buys Smart Water Solutions Company Syrinix

Badger Meter (BMI) acquires intelligent water monitoring solutions company - Syrinix.

3 weeks ago - Zacks Investment Research

Badger Meter Enhances Smart Water Capabilities With Acquisition of Syrinix

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced the acquisition of Syrinix, Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million, fun...

3 weeks ago - Business Wire

Badger Meter Schedules Fourth Quarter 2022 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its fourth quarter 2022 earnings release before the market opens on Friday January 27, 2023. Following t...

3 weeks ago - Business Wire

Why Is Badger Meter (BMI) Up 18.5% Since Last Earnings Report?

Badger Meter (BMI) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Badger Meter Declares Regular Quarterly Dividend

MILWAUKEE--(BUSINESS WIRE)--The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of $0.225 per share to shareholders of record on November 25, 2022, ...

2 months ago - Business Wire

Badger Meter (BMI) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Badger Meter (BMI) third-quarter revenues and earnings gain from robust customer demand amid continued supply-chain challenges.

3 months ago - Zacks Investment Research

Badger Meter (BMI) Q3 Earnings and Revenues Surpass Estimates

Badger Meter (BMI) delivered earnings and revenue surprises of 1.67% and 4.93%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Badger Meter Reports Record Third Quarter 2022 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the third quarter ended September 30, 2022.

3 months ago - Business Wire

Badger Meter Schedules Third Quarter 2022 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its third quarter 2022 earnings release before the market opens on Wednesday October 19, 2022. Following t...

4 months ago - Business Wire

Here's Why Investors Need to Keep an Eye on Badger Meter (BMI)

Badger Meter (BMI) is gaining from accelerated adoption of its innovative digital water technologies, particularly ORION Cellular endpoints and the BEACON digital platform.

5 months ago - Zacks Investment Research

Badger Meter (BMI) Up 13.1% Since Last Earnings Report: Can It Continue?

Badger Meter (BMI) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

SAP's Litmos Solutions to be Acquired by Francisco Partners

SAP SE (SAP) is selling off its Litmos solutions due to overlap in functionality with SuccessFactors Learning solution

Other symbols: ANETCDNSSAP
5 months ago - Zacks Investment Research

5 Solid Stocks That Recently Announced a Dividend Hike

Westlake Corporation (WLK), Badger Mete (BMI), Vermilion Energy (VET), Magic Software Enterprises (MGIC) and CI Financial (CIXX) recently hiked their dividends.

Other symbols: CIXXMGICVETWLK
5 months ago - Zacks Investment Research

Badger Meter Increases Dividend for 30th Consecutive Year

MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized a 12.5% increase in its quarterly common stock dividend to $0.225 per share from $0.20 per share. ...

6 months ago - Business Wire

Badger Meter Appoints Ms. Xia Liu to Its Board of Directors

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE:BMI) today announced that Xia Liu, Executive Vice President and Chief Financial Officer of WEC Energy Group (NYSE:WEC), has been appointed to its B...

Other symbols: WEC
6 months ago - Business Wire

Can Badger Meter (BMI) Run Higher on Rising Earnings Estimates?

Badger Meter (BMI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for July 25th

MTB, FCF, and BMI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 25, 2022.

Other symbols: FCFMTB
6 months ago - Zacks Investment Research

Badger Meter (BMI) is a Top-Ranked Momentum Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

6 months ago - Zacks Investment Research

Badger Meter (BMI) Q2 Earnings & Revenues Top Estimates, Up Y/Y

Badger Meter (BMI) second-quarter revenues and earnings gain from robust customer demand and price realization amid supply-chain challenges.

6 months ago - Zacks Investment Research

3 Reasons Why Badger Meter (BMI) Is a Great Growth Stock

Badger Meter (BMI) possesses solid growth attributes, which could help it handily outperform the market.

6 months ago - Zacks Investment Research

Badger Meter (BMI) Beats Q2 Earnings and Revenue Estimates

Badger Meter (BMI) delivered earnings and revenue surprises of 7.55% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Badger Meter Reports Second Quarter 2022 Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Total sales of $137.8 million increased 12%...

6 months ago - Business Wire