Badger Meter, Inc. (BMI) Scheduled to Post Quarterly Earnings on Monday

Badger Meter, Inc. (NYSE:BMI) is scheduled to be announcing its earnings results after the market closes on Monday, October 16th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.

Badger Meter (NYSE:BMI) last announced its quarterly earnings results on Thursday, July 20th. The scientific and technical instruments company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. The business had revenue of $104.17 million for the quarter, compared to analysts’ expectations of $108.02 million. Badger Meter had a return on equity of 13.19% and a net margin of 8.67%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. On average, analysts expect Badger Meter to post $1.28 EPS for the current fiscal year and $1.44 EPS for the next fiscal year.

Badger Meter, Inc. (NYSE BMI) opened at 50.15 on Monday. The stock has a market capitalization of $1.46 billion, a PE ratio of 42.50 and a beta of 0.56. The firm has a 50-day moving average price of $46.61 and a 200-day moving average price of $41.57. Badger Meter, Inc. has a 52 week low of $29.30 and a 52 week high of $50.90.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This is an increase from Badger Meter’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 1.04%. Badger Meter’s dividend payout ratio is 44.44%.

In other news, Director Andrew J. Policano sold 8,850 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $45.67, for a total value of $404,179.50. Following the sale, the director now directly owns 32,561 shares in the company, valued at $1,487,060.87. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Kimberly K. Stoll sold 2,830 shares of the stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $45.01, for a total value of $127,378.30. Following the completion of the sale, the vice president now owns 12,223 shares in the company, valued at $550,157.23. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,340 shares of company stock worth $2,859,651. Company insiders own 4.50% of the company’s stock.

A number of equities research analysts have issued reports on the company. BidaskClub downgraded Badger Meter from a “buy” rating to a “hold” rating in a research report on Thursday, June 15th. Sidoti upped their price objective on Badger Meter from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday. Boenning Scattergood restated a “hold” rating on shares of Badger Meter in a research report on Friday, July 21st. Stifel Nicolaus assumed coverage on Badger Meter in a research report on Monday, September 18th. They set a “hold” rating and a $43.00 price objective on the stock. Finally, Zacks Investment Research downgraded Badger Meter from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $49.33.

TRADEMARK VIOLATION WARNING: This article was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/09/badger-meter-inc-bmi-scheduled-to-post-quarterly-earnings-on-monday.html.

About Badger Meter

Badger Meter, Inc is a manufacturer and marketer of products incorporati

Badger Meter (NYSE:BMI) last announced its quarterly earnings results on Thursday, July 20th. The scientific and technical instruments company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. The business had revenue of $104.17 million for the quarter, compared to analysts’ expectations of $108.02 million. Badger Meter had a return on equity of 13.19% and a net margin of 8.67%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. On average, analysts expect Badger Meter to post $1.28 EPS for the current fiscal year and $1.44 EPS for the next fiscal year.

Badger Meter, Inc. (NYSE BMI) opened at 50.15 on Monday. The stock has a market capitalization of $1.46 billion, a PE ratio of 42.50 and a beta of 0.56. The firm has a 50-day moving average price of $46.61 and a 200-day moving average price of $41.57. Badger Meter, Inc. has a 52 week low of $29.30 and a 52 week high of $50.90.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This is an increase from Badger Meter’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 1.04%. Badger Meter’s dividend payout ratio is 44.44%.

In other news, Director Andrew J. Policano sold 8,850 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $45.67, for a total value of $404,179.50. Following the sale, the director now directly owns 32,561 shares in the company, valued at $1,487,060.87. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Kimberly K. Stoll sold 2,830 shares of the stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $45.01, for a total value of $127,378.30. Following the completion of the sale, the vice president now owns 12,223 shares in the company, valued at $550,157.23. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,340 shares of company stock worth $2,859,651. Company insiders own 4.50% of the company’s stock.

A number of equities research analysts have issued reports on the company. BidaskClub downgraded Badger Meter from a “buy” rating to a “hold” rating in a research report on Thursday, June 15th. Sidoti upped their price objective on Badger Meter from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday. Boenning Scattergood restated a “hold” rating on shares of Badger Meter in a research report on Friday, July 21st. Stifel Nicolaus assumed coverage on Badger Meter in a research report on Monday, September 18th. They set a “hold” rating and a $43.00 price objective on the stock. Finally, Zacks Investment Research downgraded Badger Meter from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $49.33.

TRADEMARK VIOLATION WARNING: This article was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/09/badger-meter-inc-bmi-scheduled-to-post-quarterly-earnings-on-monday.html.

About Badger Meter

Badger Meter, Inc is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial customers around the world. The Company’s products measure water, oil, chemicals and other fluids, provide and communicate timely measurement data.

Earnings History for Badger Meter (NYSE:BMI)

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