NASDAQ:FELE

Franklin Electric Stock Forecast, Price & News

$80.73
+0.59 (+0.74 %)
(As of 07/29/2021 12:00 AM ET)
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Today's Range
$79.73
$81.50
50-Day Range
$76.76
$84.28
52-Week Range
$53.05
$87.70
Volume145,675 shs
Average Volume167,901 shs
Market Capitalization$3.75 billion
P/E Ratio32.29
Dividend Yield0.87%
Beta1.01
30 days | 90 days | 365 days | Advanced Chart
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Franklin Electric logo

About Franklin Electric

Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. It operates through the following business segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment designs, manufactures, and sells water pumping systems, submersible motors, pumps, electronic controls, and related parts and equipment. The Fueling Systems segment produces and markets fuel pumping, fuel containment, and monitoring and control systems. It also offers pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment. The Distribution Segment sells to and provides pre sale support and specifications to the installing contractors. The company was founded by Edward J. Schaefer and T. Wayne Kehoe in 1944 and is headquartered in Fort Wayne, IN.

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MarketRank

Overall MarketRank

1.84 out of 5 stars

Industrial Products Sector

125th out of 427 stocks

Motors & Generators Industry

2nd out of 9 stocks

Analyst Opinion: 1.2Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Franklin Electric (NASDAQ:FELE) Frequently Asked Questions

Is Franklin Electric a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Franklin Electric stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FELE, but not buy additional shares or sell existing shares.
View analyst ratings for Franklin Electric
or view top-rated stocks.

What stocks does MarketBeat like better than Franklin Electric?

Wall Street analysts have given Franklin Electric a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Franklin Electric wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Franklin Electric?

Franklin Electric saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 784,400 shares, an increase of 38.2% from the June 30th total of 567,500 shares. Based on an average trading volume of 170,100 shares, the days-to-cover ratio is currently 4.6 days. Currently, 2.0% of the shares of the stock are short sold.
View Franklin Electric's Short Interest
.

When is Franklin Electric's next earnings date?

Franklin Electric is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Franklin Electric
.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co., Inc. (NASDAQ:FELE) released its quarterly earnings data on Monday, July, 26th. The industrial products company reported $0.83 EPS for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.03. The industrial products company earned $437.28 million during the quarter, compared to the consensus estimate of $386.23 million. Franklin Electric had a trailing twelve-month return on equity of 14.37% and a net margin of 8.96%. The firm's quarterly revenue was up 41.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.54 EPS.
View Franklin Electric's earnings history
.

How has Franklin Electric's stock price been impacted by COVID-19?

Franklin Electric's stock was trading at $49.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FELE stock has increased by 62.9% and is now trading at $80.73.
View which stocks have been most impacted by COVID-19
.

How often does Franklin Electric pay dividends? What is the dividend yield for Franklin Electric?

Franklin Electric declared a quarterly dividend on Monday, July 26th. Shareholders of record on Thursday, August 5th will be paid a dividend of $0.175 per share on Thursday, August 19th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Wednesday, August 4th.
View Franklin Electric's dividend history
.

Is Franklin Electric a good dividend stock?

Franklin Electric pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.87%. Franklin Electric does not yet have a strong track record of dividend growth. The dividend payout ratio of Franklin Electric is 32.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Franklin Electric will have a dividend payout ratio of 21.67% next year. This indicates that Franklin Electric will be able to sustain or increase its dividend.
View Franklin Electric's dividend history.

What guidance has Franklin Electric issued on next quarter's earnings?

Franklin Electric updated its FY 2021 earnings guidance on Tuesday, July, 27th. The company provided earnings per share guidance of $2.850-$3.050 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.990. The company issued revenue guidance of -.

What price target have analysts set for FELE?

3 equities research analysts have issued 1-year price objectives for Franklin Electric's shares. Their forecasts range from $72.00 to $75.00. On average, they expect Franklin Electric's stock price to reach $73.50 in the next year. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for Franklin Electric
or view top-rated stocks among Wall Street analysts.

Who are Franklin Electric's key executives?

Franklin Electric's management team includes the following people:
  • Gregg C. Sengstack, Chairman & Chief Executive Officer
  • Jeffery L. Taylor, Chief Financial Officer & Vice President
  • Donald P. Kenney, Vice President & President-Global Water
  • DeLancey W. Davis, Vice President & President-Headwater Companies
  • Jonathan M. Grandon, Secretary, Chief Administrative Officer & VP

What is Gregg Sengstack's approval rating as Franklin Electric's CEO?

7 employees have rated Franklin Electric CEO Gregg Sengstack on Glassdoor.com. Gregg Sengstack has an approval rating of 79% among Franklin Electric's employees.

Who are some of Franklin Electric's key competitors?

What other stocks do shareholders of Franklin Electric own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Electric investors own include Las Vegas Sands (LVS), AT&T (T), The Wendy's (WEN), Altria Group (MO), The Kraft Heinz (KHC), Marathon Petroleum (MPC), Pfizer (PFE), QUALCOMM (QCOM), Verizon Communications (VZ) and Carnival Co. & (CCL).

What is Franklin Electric's stock symbol?

Franklin Electric trades on the NASDAQ under the ticker symbol "FELE."

Who are Franklin Electric's major shareholders?

Franklin Electric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%) and Oregon Public Employees Retirement Fund (0.03%). Company insiders that own Franklin Electric stock include Delancey W Davis, Donald P Kenney, Gregg C Sengstack, Jay J Walsh, John J Haines, Julie Scheck Freigang and Steven William Aikman.
View institutional ownership trends for Franklin Electric
.

Which major investors are selling Franklin Electric stock?

FELE stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Donald P Kenney, Gregg C Sengstack, Jay J Walsh, John J Haines, and Julie Scheck Freigang.
View insider buying and selling activity for Franklin Electric
or view top insider-selling stocks.

Which major investors are buying Franklin Electric stock?

FELE stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for Franklin Electric
or or view top insider-buying stocks.

How do I buy shares of Franklin Electric?

Shares of FELE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Franklin Electric's stock price today?

One share of FELE stock can currently be purchased for approximately $80.73.

How much money does Franklin Electric make?

Franklin Electric has a market capitalization of $3.75 billion and generates $1.25 billion in revenue each year. The industrial products company earns $100.46 million in net income (profit) each year or $2.18 on an earnings per share basis.

How many employees does Franklin Electric have?

Franklin Electric employs 5,400 workers across the globe.

What is Franklin Electric's official website?

The official website for Franklin Electric is www.franklin-electric.com.

Where are Franklin Electric's headquarters?

Franklin Electric is headquartered at 9255 COVERDALE ROAD, FORT WAYNE IN, 46809.

How can I contact Franklin Electric?

Franklin Electric's mailing address is 9255 COVERDALE ROAD, FORT WAYNE IN, 46809. The industrial products company can be reached via phone at (260) 824-2900.


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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