Badger Meter (BMI) Projected to Announce Earnings on Friday

Badger Meter (NYSE:BMI - Get Free Report) is expected to be posting 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. Parties that wish to listen to the company's conference call can do so using this link.

Badger Meter Stock Down 4.0 %

Badger Meter stock traded down $8.81 during midday trading on Friday, reaching $210.22. The stock had a trading volume of 197,234 shares, compared to its average volume of 175,402. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 52.16, a price-to-earnings-growth ratio of 2.42 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 company has a fifty day moving average of $218.08 and a 200 day moving average of $210.49.

Badger Meter Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently issued reports on BMI. Maxim Group boosted their price objective on Badger Meter from $216.00 to $235.00 and gave the company a "buy" rating in a report on Friday, October 18th. Robert W. Baird boosted their target price on shares of Badger Meter from $184.00 to $203.00 and gave the company a "neutral" rating in a research note on Friday, October 18th. Finally, Stifel Nicolaus raised their price target on shares of Badger Meter from $203.00 to $208.00 and gave the stock a "hold" rating in a research note on Wednesday, December 11th. 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 stock currently has a consensus rating of "Hold" and a consensus target price of $216.00.

About Badger Meter

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.