Badger Meter (BMI) Stock Price, News & Analysis

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Badger Meter in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BMI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMI, but not buy additional shares or sell existing shares.
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5 Wall Street analysts have issued 1 year price targets for Badger Meter's shares. Their BMI share price targets range from $120.00 to $207.00. On average, they anticipate the company's stock price to reach $162.50 in the next year. This suggests that the stock has a possible downside of 8.0%.
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Badger Meter's stock was trading at $154.37 at the beginning of the year. Since then, BMI shares have increased by 14.5% and is now trading at $176.68.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our BMI earnings forecast.

Badger Meter, Inc. (NYSE:BMI) announced its quarterly earnings data on Thursday, April, 18th. The scientific and technical instruments company reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.17. The scientific and technical instruments company had revenue of $196.80 million for the quarter, compared to the consensus estimate of $182.25 million. Badger Meter had a net margin of 13.81% and a trailing twelve-month return on equity of 20.26%. The business's quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 earnings per share.

Badger Meter announced a quarterly dividend on Friday, February 9th. Investors of record on Friday, February 23rd will be paid a dividend of $0.27 per share on Friday, March 8th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for BMI.

Badger Meter (NYSE:BMI) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.61%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMI will have a dividend payout ratio of 27.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMI.

ETFs with the largest weight of Badger Meter (NYSE:BMI) stock in their portfolio include Newday Ocean Health ETF (AHOY), Invesco S&P SmallCap Information Technology ETF (PSCT), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Global X Clean Water ETF (AQWA), SPDR S&P Kensho Intelligent Structures ETF (SIMS), iShares MSCI Water Management Multisector ETF (IWTR), First Trust Water ETF (FIW) and Invesco S&P Global Water Index ETF (CGW).

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 issued shares were distributed to shareholders after the market closes on Thursday, September 15th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

21 employees have rated Badger Meter Chief Executive Officer Ken Bockhorst on Glassdoor.com. Ken Bockhorst has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Badger Meter investors own include A. O. Smith (AOS), Cisco Systems (CSCO), General Mills (GIS), Intel (INTC), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Aflac (AFL), CVS Health (CVS), Ecolab (ECL) and Philip Morris International (PM).

Badger Meter's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.95%), Congress Wealth Management LLC DE (0.15%), Cardinal Capital Management (0.07%), Hennion & Walsh Asset Management Inc. (0.07%), State of Alaska Department of Revenue (0.06%) and Bridge City Capital LLC (0.05%). Insiders that own company stock include Fred J Begale, Gail A Lione, Gregory M Gomez, Kimberly K Stoll, Todd A Adams and William R A Bergum.
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Shares of BMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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