Badger Meter (BMI) to Release Earnings on Friday

Badger Meter (NYSE:BMI) is projected to announce its earnings results before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $1.01 per share and revenue of $202.75 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Badger Meter Trading Up 0.7 %

NYSE BMI opened at $208.80 on Thursday. The business’s 50-day moving average price is $217.74 and its 200 day moving average price is $211.01. Badger Meter has a twelve month low of $139.50 and a twelve month high of $239.11. The company has a market capitalization of $6.14 billion, a PE ratio of 51.81, a price-to-earnings-growth ratio of 2.42 and a beta of 0.79.

Badger Meter Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.34 per share. The ex-dividend date was Friday, November 22nd. This represents a $1.36 annualized dividend and a dividend yield of 0.65%. Badger Meter’s payout ratio is currently 33.75%.

Wall Street Analyst Weigh In

Several brokerages recently commented on BMI. Robert W. Baird upped their price target on shares of Badger Meter from $184.00 to $203.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Stifel Nicolaus upped their price objective on Badger Meter from $203.00 to $208.00 and gave the stock a “hold” rating in a report on Wednesday, December 11th. Finally, Maxim Group lifted their target price on Badger Meter from $216.00 to $235.00 and gave the company a “buy” rating in a report on Friday, October 18th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average 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.