Franklin Electric (NASDAQ:FELE) Announces FY 2026 Earnings Guidance

Key Points

• Franklin Electric issued FY 2026 guidance of $4.62–$4.82 in EPS and $2.2–$2.3 billion in revenue, broadly in line with analyst expectations.
• The company’s latest quarterly results beat estimates, with EPS of $1.50 versus $1.40 expected and revenue of $633.62 million, up 8.9% year over year.
• Analysts maintain a consensus “Hold” rating with an average price target of $117.50, while Franklin Electric declared a quarterly dividend of $0.28 per share.

Franklin Electric (NASDAQ:FELE - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.620-4.820 for the period, compared to the consensus earnings per share estimate of 4.660. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

Analysts Set New Price Targets

FELE has been the topic of a number of research analyst reports. Weiss Ratings cut shares of Franklin Electric from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday. Wall Street Zen raised shares of Franklin Electric from a "hold" rating to a "buy" rating in a research note on Sunday, October 25th. Robert W. Baird set a $130.00 target price on shares of Franklin Electric in a report on Thursday. Finally, DA Davidson reissued a "neutral" rating and set a $105.00 target price on shares of Franklin Electric in a research report on Wednesday, September 9th. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Franklin Electric presently has a consensus rating of "Hold" and an average target price of $117.50.

Franklin Electric Stock Performance

NASDAQ:FELE traded up $1.69 during midday trading on Friday, hitting $98.43. The company's stock had a trading volume of 20,178 shares, compared to its average volume of 310,203. Franklin Electric has a fifty-two week low of $89.54 and a fifty-two week high of $115.82. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.10. The firm has a market cap of $4.35 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.71 and a beta of 1.03. The firm's 50 day moving average is $98.57 and its 200-day moving average is $100.20.

Franklin Electric (NASDAQ:FELE - Get Free Report) last announced its earnings results on Wednesday, October 28th. The industrial products company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.10. Franklin Electric had a return on equity of 15.45% and a net margin of 8.83%. The business had revenue of $633.62 million during the quarter, compared to the consensus estimate of $617.19 million. During the same period in the prior year, the company posted $1.30 EPS. The business's quarterly revenue was up 8.9% on a year-over-year basis. Equities analysts anticipate that Franklin Electric will post 4.70 earnings per share for the current fiscal year.

Franklin Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, November 5th. Franklin Electric's dividend payout ratio is 32.28%.

About Franklin Electric

Franklin Electric Co, Inc NASDAQ: FELE designs, manufactures and distributes systems and components used to move, manage and control water and other fluids. The company serves residential, agricultural, commercial, industrial and municipal customers through products such as submersible pumps, motors, pumping systems, drives, controls, monitoring equipment and water-treatment solutions.

Its Water Systems business provides equipment for groundwater and surface-water applications, including well pumps, pressure systems, wastewater and dewatering products, and related controls and accessories.

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