BMI Stock Recent News

MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Badger Meter, Inc. (NYSE: BMI) today authorized a 26% increase in its quarterly common stock dividend to $0.34 per share from $0.27 per share. The increased dividend is payable September 6, 2024, to shareholders of record on August 23, 2024. The new annual dividend rate for common stock is $1.36 per share. Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, stated, “Our consistent and disciplined approach to serving custom.

Watts Water Technologies, Badger Meter and Transcat have been highlighted in this Industry Outlook article.

Focus on higher energy efficiency, the rising adoption of industrial automation and optimum resource utilization should drive the Zacks Instruments - Control industry. Watts Water (WTS), Badger Meter (BMI) and Transcat (TRNS) are well-positioned to gain from the evolving market dynamics.

Badger Meter (BMI) possesses solid growth attributes, which could help it handily outperform the market.

Here is how Badger Meter (BMI) and NuScale Power Corporation (SMR) have performed compared to their sector so far this year.

Robust sales of cellular AMI and smart water solutions benefit Badger Meter's (BMI) second-quarter performance.

Badger Meter, Inc. (NYSE:BMI ) Q2 2024 Earnings Call Transcript July 19, 2024 11:00 AM ET Company Participants Karen Bauer - VP of IR, Corporate Strategy and Treasurer Ken Bockhorst - Chairman, President and CEO Bob Wrocklage - CFO Conference Call Participants Nathan Jones - Stifel Andrew Krill - Deutsche Bank Rob Mason - Baird Operator Ladies and gentlemen, welcome to the Second Quarter 2024 Badger Meter Earnings Conference Call. After the prepared remarks, there will be an opportunity to ask questions.

Badger Meter (BMI) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.76 per share a year ago.

MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported record results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Record total sales of $216.7 million, 23% higher than the prior year's $175.9 million. Operating profit increased 41% year-over-year, with operating profit margins expanding 240 basis points to a record 19.2% from 16.8%. Diluted earnings per share (EPS) increased 47% to $1.12, up from $0.76 in the comparable prior year quarter. Intro.

Badger Meter (BMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.