Badger Meter (BMI)
NYSE:BMI
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BMI Stock Chart & Stats
$115.54
$1.44(0.68%)
At close: 4:00 PM EST
$115.54
$1.44(0.68%)
Day’s Range― - ―
52-Week Range$112.09 - $251.54
Previous CloseN/A
Volume59.90K
Average Volume (3M)480.46K
Market Cap
$3.95B
Enterprise Value$3.72B
Total Cash (Recent Filing)$205.45M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)30.3
Beta0.68
Next Earnings
Jul 16, 2026EPS Estimate
1.02Next Dividend Ex-DateN/A
Dividend Yield0.82%
Share Statistics
EPS (TTM)4.45
Shares Outstanding29,185,570
10 Day Avg. Volume472,749
30 Day Avg. Volume480,463
Financial Highlights & Ratios
PEG Ratio2.75
Price to Book (P/B)7.19
Price to Sales (P/S)5.59
P/FCF Ratio30.22
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue4.15
Enterprise Value/Gross Profit10.04
Enterprise Value/Ebitda18.32
Forecast
1Y Price Target
$144.80Price Target Upside25.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)4.5
Revenue Forecast (FY)$911.83M
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetBadger Meter's zero‑debt balance sheet and high ROE provide durable financial flexibility: lowers refinancing and interest risk, supports opportunistic M&A (e.g., UDLive), enables sustained buybacks and capital allocation, and preserves ability to invest through a multi-quarter project execution cycle.
Consistent Cash Generation & Capital ReturnsStable free cash flow and ongoing repurchases demonstrate repeatable cash generation that supports shareholder returns, funds integrations and working capital for multi-year AMI deployments, and reduces reliance on external financing—strengthening the firm's financial resilience over the medium term.
Large AMI Pipeline And Strategic Software ExpansionA materially larger AMI awards funnel plus accretive software acquisition and growing beyond‑the‑meter products diversify revenue toward higher‑value, recurring services. This structural shift increases backlog visibility, cross‑sell opportunities and recurring revenue mix over multiple quarters.
Bears Say
Recent Revenue Decline & Flat Organic OutlookA notable YoY sales decline and guidance for flat organic revenue indicate a pause in demand momentum. Sustained weaker volumes can erode operating leverage, slow margin recovery, and keep visibility muted across the next several quarters absent confirmed project ramp timing.
Short‑cycle Order Variability & Project Timing RiskHigh variability in short‑cycle orders and dependence on multi‑year project start timing (labor, weather, funding) reduces near‑term revenue predictability. Delays in awarded AMI or PRASA rollouts could push recognition into later periods, straining planning and working capital over several quarters.
Margin Pressure From Mix And SEA DeleverageVolume weakness and mix shifts (large turnkey projects with lower margins) plus higher SEA ratio compressed operating profit. Even with cost actions, margin recovery depends on volume rebound and favorable project mix, leaving medium‑term margin sustainability uncertain.
Badger Meter News
BMI FAQ
What was Badger Meter’s price range in the past 12 months?
Badger Meter lowest stock price was $112.09 and its highest was $251.54 in the past 12 months.
What is Badger Meter’s market cap?
Badger Meter’s market cap is $3.95B.
When is Badger Meter’s upcoming earnings report date?
Badger Meter’s upcoming earnings report date is Jul 16, 2026 which is in 23 days.
How were Badger Meter’s earnings last quarter?
Badger Meter released its earnings results on Apr 17, 2026. The company reported $0.93 earnings per share for the quarter, missing the consensus estimate of $1.223 by -$0.293.
Is Badger Meter overvalued?
According to Wall Street analysts Badger Meter’s price is currently Undervalued.
Does Badger Meter pay dividends?
Badger Meter pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 0.82%. See more information on Badger Meter dividends here
What is Badger Meter’s EPS estimate?
Badger Meter’s EPS estimate is 1.02.
How many shares outstanding does Badger Meter have?
Badger Meter has 29,185,570 shares outstanding.
What happened to Badger Meter’s price movement after its last earnings report?
Badger Meter reported an EPS of $0.93 in its last earnings report, missing expectations of $1.223. Following the earnings report the stock price went down -24.132%.
Which hedge fund is a major shareholder of Badger Meter?
Currently, no hedge funds are holding shares in BMI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Badger Meter Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$144.80 (25.32% Upside)
$144.80 (25.32% Upside)
Blogger Sentiment
Neutral
BMI Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 12.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $777.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 11.1%
Last 30 Days ▲ 11.1%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.33%
12-Months-Change
Fundamentals
Return on Equity
18.76%
Trailing 12-Months
Asset Growth
7.92%
Trailing 12-Months
Company Description
Badger Meter
Badger Meter, Inc. (BMI) provides a comprehensive range of solutions for flow measurement, quality assessment, control, and communication. Operating globally, the company serves markets across North America, Europe, Asia, and the Middle East. For municipal water utilities, BMI supplies both conventional and advanced water meters, complemented by associated radio, software, and service technologies. Additionally, Badger Meter engineers and produces a variety of flow instrumentation devices, including meters, valves, and sensing tools. These instruments are vital for measuring and controlling the flow of various substances—from water, air, and steam to oil and other liquids and gases—within industrial piping and pipelines. They are incorporated by original equipment manufacturers (OEMs) as primary measurement components within their products or systems and distributed through manufacturer representatives. Key applications for this instrumentation span water/wastewater treatment, heating, ventilation, and air conditioning (HVAC) systems, and corporate sustainability efforts. The company further innovates with its ORION suite of automatic meter reading (AMR) technologies, encompassing ORION Migratable, ORION (SE) for traditional fixed networks, and ORION Cellular for infrastructure-free fixed network solutions. Its BEACON advanced metering analytics platform, a secure cloud-hosted software, empowers users with alerts for specified conditions and consumer engagement tools to visualize and manage water usage. Serving a broad customer base, including water utilities, industrial clients, and other sectors, Badger Meter sells its offerings directly and through a network of resellers and representatives. Founded in 1905, Badger Meter, Inc. is headquartered in Milwaukee, Wisconsin.
BMI Company Deck
BMI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a mixed but controlled picture: near-term results were weaker than the prior year driven by project pacing and softer short-cycle orders, producing a notable revenue and EPS decline in Q1. Offsetting these negatives are strong cash generation, resilient gross margins, a sizable pipeline of awarded AMI projects (2.6M–3.6M connections), an accretive strategic acquisition (UDLive), and active cost discipline. Management framed Q1 as timing-related with a back-half weighted recovery expected, but acknowledged inherent timing and execution risks that temper visibility into short-cycle demand.View all BMI earnings summariesBMI Revenue Breakdown
88.28% U.S.
5.56% Europe
1.93% Asia
1.84% Canada
2.39% Other
BMI Stock 12 Month Forecast
Average Price Target
$144.80
▲(25.32% Upside)
Technical Analysis
Ownership Overview
0.54% Insiders
27.01% Mutual Funds
19.66% Other Institutional Investors
11.83% Public Companies and Individual Investors