Badger Meter (BMI) Expected to Announce Quarterly Earnings on Friday

Badger Meter (NYSE:BMI) is expected to post its quarterly earnings results before the market opens on Friday, January 31st. Analysts expect Badger Meter to post earnings of $1.00 per share and revenue of $201,549.97 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Badger Meter Stock Performance

BMI opened at $219.14 on Friday. The firm has a market cap of $6.44 billion, a P/E ratio of 54.38, a price-to-earnings-growth ratio of 2.43 and a beta of 0.79. Badger Meter has a 52-week low of $139.50 and a 52-week high of $239.11. The business’s fifty day moving average is $218.20 and its 200-day moving average is $210.28.

Badger Meter Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Friday, November 22nd. Badger Meter’s dividend payout ratio (DPR) is presently 33.75%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BMI. Maxim Group raised their price objective on Badger Meter from $216.00 to $235.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Stifel Nicolaus raised their price objective on Badger Meter from $203.00 to $208.00 and gave the stock a “hold” rating in a research report on Wednesday, December 11th. Finally, Robert W. Baird raised their target price on Badger Meter from $184.00 to $203.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $216.00.

Badger Meter Company Profile

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 measurement device within a product or system, as well as through manufacturers' representatives.