Badger Meter (BMI) to Release Quarterly Earnings on Friday

Badger Meter (NYSE:BMI) is expected to be announcing its earnings results before the market opens on Friday, January 31st. Analysts expect Badger Meter to post earnings of $1.01 per share and revenue of $202.75 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Badger Meter Trading Down 0.2 %

Shares of NYSE BMI opened at $207.10 on Wednesday. Badger Meter has a twelve month low of $139.50 and a twelve month high of $239.11. The stock has a 50 day moving average of $217.90 and a two-hundred day moving average of $211.03. The stock has a market cap of $6.09 billion, a P/E ratio of 51.39, a P/E/G ratio of 2.42 and a beta of 0.79.

Badger Meter Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Friday, November 22nd. Badger Meter’s dividend payout ratio is currently 33.75%.

Analyst Ratings Changes

A number of brokerages have weighed in on BMI. Robert W. Baird boosted their price objective on Badger Meter from $184.00 to $203.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Stifel Nicolaus boosted their price objective on Badger Meter from $203.00 to $208.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Finally, Maxim Group boosted 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. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.