Badger Meter, Inc. (BMI)

NYSE: BMI · IEX Real-Time Price · USD
176.78
-1.70 (-0.95%)
At close: Apr 19, 2024, 4:00 PM
176.00
-0.78 (-0.44%)
After-hours: Apr 19, 2024, 5:15 PM EDT
-0.95%
Market Cap 5.19B
Revenue (ttm) 703.59M
Net Income (ttm) 92.60M
Shares Out 29.35M
EPS (ttm) 3.14
PE Ratio 56.30
Forward PE 49.53
Dividend $1.08 (0.61%)
Ex-Dividend Date Feb 22, 2024
Volume 536,144
Open 177.36
Previous Close 178.48
Day's Range 174.80 - 181.48
52-Week Range 128.94 - 181.00
Beta 0.86
Analysts Buy
Price Target 165.60 (-6.32%)
Earnings Date Apr 18, 2024

About BMI

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. 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, and other liquids and gases to original equipment manufacturers as the primary flow me... [Read more]

Sector Technology
Founded 1905
Employees 1,976
Stock Exchange NYSE
Ticker Symbol BMI
Full Company Profile

Financial Performance

In 2023, Badger Meter's revenue was $703.59 million, an increase of 24.40% compared to the previous year's $565.57 million. Earnings were $92.60 million, an increase of 39.25%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BMI stock is "Buy." The 12-month stock price forecast is $165.6, which is a decrease of -6.32% from the latest price.

Price Target
$165.6
(-6.32% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Badger Meter Reports Record First Quarter 2024 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported record results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Record total sales of $196.3 million,...

1 day ago - Business Wire

Badger Meter Schedules First Quarter 2024 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its first quarter 2024 earnings release before the market opens on Thursday April 18, 2024. Following the ...

17 days ago - Business Wire

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 $0.27 per share to shareholders of record on February 23, 2024, pay...

2 months ago - Business Wire

Badger Meter Reports Fourth Quarter and Full Year 2023 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights Total sales of $182.4 mil...

3 months ago - Business Wire

Badger Meter Schedules Fourth Quarter 2023 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its fourth quarter and full year 2023 earnings release before the market opens on Friday, January 26, 2024...

3 months ago - Business Wire

Badger Meter Builds on Smart Water Offerings With Network Monitoring Acquisition

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it has acquired select remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), inclusive of the Telog ...

Other symbols: TRMB
3 months ago - Business Wire

Badger Meter Reports Record Third Quarter 2023 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported record results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Total sales of $186.2 million, 26...

6 months ago - Business Wire

Badger Meter Schedules Third Quarter 2023 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its third quarter 2023 earnings release before the market opens on Thursday October 19, 2023. Following th...

7 months ago - Business Wire

Badger Meter Increases Dividend 20%

MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized a 20% increase in its quarterly common stock dividend to $0.27 per share from $0.225 per share. Th...

9 months ago - Business Wire

Badger Meter Reports Record Second Quarter 2023 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported record results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Total sales of $175.9 million, 28% h...

9 months ago - Business Wire

Badger Meter Schedules Second Quarter 2023 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its second quarter 2023 earnings release before the market opens on Thursday, July 20, 2023. Following the...

10 months ago - Business Wire

Badger Meter Releases 2022 Sustainability Report

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it has released its 2022 Sustainability Report highlighting its commitment and progress related to Environmental, Social...

10 months ago - Business Wire

Best Water Stocks to Buy

Water is a crucial component throughout the economy. These water stocks and ETFs stand to gain.

Other symbols: XYLCGWECLFIWPHOPNRVMI
10 months ago - Kiplinger

Badger Meter Reports Record First Quarter 2023 Financial Results

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported record results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Total sales of $159.1 million, 20% hi...

1 year ago - Business Wire

Badger Meter Schedules First Quarter 2023 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its first quarter 2023 earnings release before the market opens on Thursday April 20, 2023. Following the ...

1 year ago - Business Wire

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.

1 year ago - Business Wire

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...

1 year 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...

1 year ago - Business Wire

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.

1 year 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...

1 year ago - Business Wire

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. ...

1 year 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
1 year ago - Business Wire

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%...

1 year ago - Business Wire

Badger Meter Schedules Second Quarter 2022 Earnings Call

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today announced that it will issue its second quarter 2022 earnings release before the market opens on Wednesday July 20, 2022. Following the...

1 year ago - Business Wire

Badger Meter: Undervalued Dividend Champion

Dividend Champions come in all sizes, though most investors are probably familiar with the larger names that have been raising dividends for decades.

1 year ago - GuruFocus