Press coverage about Badger Meter (NYSE:BMI) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Badger Meter earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the scientific and technical instruments company an impact score of 45.1460308561684 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

BMI has been the subject of a number of research analyst reports. Sidoti raised their target price on Badger Meter from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. Zacks Investment Research lowered Badger Meter from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Stifel Nicolaus initiated coverage on Badger Meter in a research note on Monday, September 18th. They issued a “hold” rating and a $43.00 target price for the company. Robert W. Baird restated a “hold” rating and issued a $44.00 target price on shares of Badger Meter in a research note on Tuesday, October 17th. Finally, Canaccord Genuity restated a “hold” rating and issued a $40.00 target price on shares of Badger Meter in a research note on Friday, October 6th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Badger Meter has an average rating of “Hold” and an average target price of $48.50.

Badger Meter (NYSE:BMI) opened at $47.60 on Wednesday. The stock has a market capitalization of $1,385.75, a price-to-earnings ratio of 41.75 and a beta of 0.67. Badger Meter has a 52 week low of $34.40 and a 52 week high of $52.10.

Badger Meter (NYSE:BMI) last issued its earnings results on Monday, October 16th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.08). The firm had revenue of $100.00 million during the quarter, compared to analysts’ expectations of $102.86 million. Badger Meter had a return on equity of 12.62% and a net margin of 8.39%. The business’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $0.30 EPS. analysts forecast that Badger Meter will post 1.18 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 30th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.09%. Badger Meter’s payout ratio is currently 45.61%.

In other Badger Meter news, CFO Richard E. Johnson sold 7,200 shares of Badger Meter stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $45.55, for a total transaction of $327,960.00. Following the completion of the transaction, the chief financial officer now owns 105,976 shares in the company, valued at approximately $4,827,206.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Fred J. Begale sold 2,000 shares of Badger Meter stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $45.60, for a total value of $91,200.00. Following the transaction, the vice president now owns 7,609 shares of the company’s stock, valued at approximately $346,970.40. The disclosure for this sale can be found here. Company insiders own 4.50% of the company’s stock.

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Badger Meter Company Profile

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.

Insider Buying and Selling by Quarter for Badger Meter (NYSE:BMI)

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