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Badger Mete - BMI STOCK NEWS

Welcome to our dedicated page for Badger Mete news (Ticker: BMI), a resource for investors and traders seeking the latest updates and insights on Badger Mete stock.

Badger Meter, Inc. (BMI) is a leading innovator, manufacturer, and marketer of flow measurement and control products, serving water and gas utilities, municipalities, and industrial customers worldwide. The company excels in providing accurate, durable, and timely measurement information across a variety of liquids, from water to oil and lubricants in industrial processes.

Residential and commercial metering technology from Badger Meter is designed for optimal system performance, superior reading and billing accuracy, and maximized revenue generation. Their product lines include two main categories: sales of water meters, radios, software, and related technologies for water utilities, and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries.

Recent achievements and ongoing projects highlight Badger Meter's commitment to innovation and excellence. The company continually updates its product offerings to meet the evolving needs of its customers, ensuring a high degree of accuracy and reliability. Financially, Badger Meter derives the majority of its revenues from the United States, showcasing a strong domestic market presence.

For more detailed information and updates, visit their official website at www.badgermeter.com.

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Badger Meter (NYSE: BMI) has published its 2023 Sustainability Report, emphasizing its commitment to Environmental, Social, and Governance (ESG) initiatives. The report underscores Badger Meter's growth strategy intertwined with sustainability, showcasing record sales and earnings, alongside significant reductions in greenhouse gas emissions and water intensity. Highlights include an 18% reduction in Scope 1 and 2 emissions intensity year-over-year and a 44% reduction from the 2020 baseline, a 9% reduction in water usage, and a 32% reduction in the total case incident rate. The company also reported improved employee engagement and new mental health programs. The report aligns with GRI, SASB, and TCFD standards.

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Badger Meter, Inc. (NYSE:BMI) has declared a regular quarterly cash dividend of $0.27 per share for shareholders of record on May 24, 2024, payable on June 7, 2024. This announcement reflects the company's commitment to rewarding shareholders and maintaining financial stability.

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Badger Meter, Inc. (BMI) reported record first-quarter 2024 financial results with total sales of $196.3 million, a 23% increase from the previous year. Operating profit rose by 46%, reaching a record 18.6% margin. Diluted EPS increased by 50% to $0.99. The company completed the acquisition of Telog/Unity remote network monitoring. Utility water sales grew by 29%, driven by smart water solutions. Gross margin improved to 39.3%. SEA expenses increased due to growth investments. EPS reached a record $0.99, up 50% from the prior year. Badger Meter remains focused on sustainable growth and was recognized for sustainability and workplace excellence.
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Badger Meter, Inc. (BMI) will release its first quarter 2024 earnings on April 18, 2024. The earnings conference call will be held at 10:00am CT, with a live webcast available. Participants can pre-register to actively join the call. The webcast will be archived until May 2, 2024.
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Badger Meter, Inc. (BMI) announces a regular quarterly cash dividend of $0.27 per share, payable to shareholders of record on February 23, 2024, and payable on March 8, 2024.
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Badger Meter, Inc. reported a strong financial performance for the fourth quarter and full year of 2023, with total sales increasing by 24% and operating profit margins expanding. Diluted EPS increased by 40% in the fourth quarter, and a record $3.14 for the full year. The company also achieved record cash flow, and completed a strategic acquisition to expand its smart water offerings. Utility water sales increased by 28% year-over-year, and the company expressed confidence in its ability to drive strong shareholder returns in the future.
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Badger Meter, Inc. (BMI) to Release Q4 and Full Year 2023 Earnings on January 26, 2024
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Badger Meter, Inc. (NYSE: BMI) has acquired remote water monitoring hardware and software from Trimble (NASDAQ:TRMB), including the Telog brand of RTUs and Trimble Unity Remote Monitoring software. This acquisition expands the company's offerings for real-time monitoring in water, wastewater, stormwater, and environmental water monitoring. The Chairman, President, and CEO, Kenneth C. Bockhorst, sees this acquisition as a strategic fit that enhances the company's growth plans and provides customers with more efficient, resilient, and sustainable solutions.
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Badger Meter, Inc. (BMI) Declares $0.27 Quarterly Cash Dividend
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Badger Meter reports record results for Q3 2023, with total sales of $186.2 million, operating profit increasing 31% YoY, and diluted EPS increasing 44% to $0.88.
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FAQ

What is the current stock price of Badger Mete (BMI)?

The current stock price of Badger Mete (BMI) is $210.25 as of February 21, 2025.

What is the market cap of Badger Mete (BMI)?

The market cap of Badger Mete (BMI) is approximately 6.4B.

What does Badger Meter, Inc. do?

Badger Meter, Inc. is a leading manufacturer and marketer of flow measurement and control products, serving water and gas utilities, municipalities, and industrial customers.

What products does Badger Meter offer?

Badger Meter offers products that measure water, oil, chemicals, and other fluids, including water meters, radios, software, and water quality monitoring solutions.

Who are the primary customers of Badger Meter?

Badger Meter primarily serves water and gas utilities, municipalities, and industrial customers worldwide.

Where does Badger Meter derive most of its revenues?

Badger Meter derives the majority of its revenues from the United States.

How does Badger Meter ensure the accuracy and durability of its products?

Badger Meter's products are known for their high degree of accuracy and long-lasting durability, providing valuable and timely measurement information.

What are the main categories of Badger Meter's product lines?

The main categories are sales of water meters, radios, software, and related technologies for water utilities, and flow instrumentation for industrial applications in various industries.

How does Badger Meter contribute to revenue generation for its customers?

Badger Meter's residential and commercial metering technology is designed for superior reading and billing accuracy, maximizing revenue generation.

What is the focus of Badger Meter's industrial solutions?

Badger Meter's industrial solutions focus on flow instrumentation, including meters, sensing instruments, and valves for water, wastewater, and other industries.

What recent achievements has Badger Meter made?

Badger Meter continuously updates its product offerings, ensuring innovation and excellence in meeting customer needs.

Where can I find more information about Badger Meter?

For more detailed information and updates, visit the official website at www.badgermeter.com.
Badger Mete

NYSE:BMI

BMI Rankings

BMI Stock Data

6.42B
29.14M
0.49%
94.08%
5.21%
Scientific & Technical Instruments
Totalizing Fluid Meters & Counting Devices
Link
United States
MILWAUKEE