Positive News Sentiment NASDAQ:FELE Franklin Electric - FELE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Franklin Electric Co., Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $94.10 +1.70 (+1.84%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$92.67▼$94.6450-Day Range$85.59▼$97.1452-Week Range$68.27▼$100.00Volume225,312 shsAverage Volume186,749 shsMarket Capitalization$4.35 billionP/E Ratio23.70Dividend Yield0.96%Price Target$86.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Franklin Electric MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside7.9% Downside$86.67 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-1.83Upright™ Environmental ScoreNews Sentiment1.56Based on 4 Articles This WeekInsider TradingSelling Shares$1.36 M Sold Last QuarterProj. Earnings Growth5.95%From $4.20 to $4.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsIndustrial Products Sector116th out of 177 stocksMotors & Generators Industry3rd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingFranklin Electric has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $86.67, Franklin Electric has a forecasted downside of 7.9% from its current price of $94.10.Amount of Analyst CoverageFranklin Electric has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FELE. Previous Next 3.3 Dividend Strength Dividend YieldFranklin Electric has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFranklin Electric has been increasing its dividend for 31 years.Dividend CoverageThe dividend payout ratio of Franklin Electric is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Franklin Electric will have a dividend payout ratio of 20.22% next year. This indicates that Franklin Electric will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFranklin Electric has received a 29.05% net impact score from Upright. Franklin Electric seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Submersible pumps", "Centrifugal pumps", and "Liquid pumps" products. See details.Environmental SustainabilityThe Environmental Impact score for Franklin Electric is -1.83. Previous Next 3.1 News and Social Media Coverage News SentimentFranklin Electric has a news sentiment score of 1.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Franklin Electric this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Franklin Electric insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,364,860.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Franklin Electric is held by insiders.Percentage Held by Institutions79.38% of the stock of Franklin Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Franklin Electric are expected to grow by 5.95% in the coming year, from $4.20 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Franklin Electric is 23.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Franklin Electric is 23.70, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.92.Price to Book Value per Share RatioFranklin Electric has a P/B Ratio of 4.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Franklin Electric (NASDAQ:FELE) StockFranklin 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 is involved in the producing and marketing of fuel pumping, fuel containment, and monitor and control systems. The Distribution Segment 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.Read More Receive FELE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Franklin Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address FELE Stock News HeadlinesFebruary 28, 2023 | benzinga.comFranklin Electric Insider Trades Send a SignalFebruary 21, 2023 | baystreet.caFranklin Electric Trumpets Stock Buyback PlanApril 2, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 21, 2023 | finance.yahoo.comFranklin Electric Announces an Increase in its Stock Repurchase ProgramFebruary 21, 2023 | nasdaq.comFELE Crosses Above Average Analyst TargetFebruary 15, 2023 | finance.yahoo.comFranklin Electric Co., Inc. (NASDAQ:FELE) Q4 2022 Earnings Call TranscriptFebruary 15, 2023 | finance.yahoo.comFranklin Electric Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 14, 2023 | msn.comFranklin Electric Non-GAAP EPS of $0.84 misses by $0.10, revenue of $489.4M beats by $5.9MApril 2, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 14, 2023 | finance.yahoo.comFranklin Electric (FELE) Q4 Earnings Lag EstimatesFebruary 14, 2023 | finance.yahoo.comFranklin Electric Reports Record Fourth Quarter 2022 and Full Year 2022 ResultsFebruary 12, 2023 | finance.yahoo.comThose who invested in Franklin Electric (NASDAQ:FELE) five years ago are up 116%February 1, 2023 | finance.yahoo.comEnerSys (ENS) Surges 5.7%: Is This an Indication of Further Gains?January 31, 2023 | finance.yahoo.comFranklin Electric Schedules Its Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference CallJanuary 26, 2023 | finance.yahoo.comFranklin Electric (NASDAQ:FELE) Will Pay A Larger Dividend Than Last Year At $0.225January 23, 2023 | finance.yahoo.comFranklin Electric raises quarterly dividend, to boost implied yield above 1%January 2, 2023 | msn.comAretha Franklin named Best Singer of All TimeDecember 22, 2022 | seekingalpha.comFranklin Electric: Remaining On The SidelinesNovember 18, 2022 | finance.yahoo.comIs Franklin Electric Co., Inc. (NASDAQ:FELE) Trading At A 26% Discount?November 18, 2022 | finance.yahoo.comFranklin Electric to Participate in Credit Suisse 10th Annual Global Industrials ConferenceOctober 28, 2022 | msn.comFranklin Electric's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowOctober 25, 2022 | seekingalpha.comFranklin Electric Co., Inc. (FELE) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comFranklin Electric (FELE) Q3 Earnings and Revenues Lag EstimatesOctober 25, 2022 | finance.yahoo.comFranklin Electric Reports Record Third Quarter 2022 ResultsOctober 24, 2022 | msn.comFranklin Electric Earnings PreviewOctober 24, 2022 | finance.yahoo.comFranklin Electric (NASDAQ:FELE) Is Experiencing Growth In Returns On CapitalOctober 11, 2022 | finance.yahoo.comFranklin Electric Schedules Its Third Quarter 2022 Earnings Release and Conference CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FELE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Franklin Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address FELE Company Calendar Ex-Dividend for 2/16 Dividend2/01/2023Last Earnings2/14/2023Dividend Payable2/16/2023Today4/01/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motors & generators Sub-IndustryElectrical Components & Equipment SectorIndustrial Products Current SymbolNASDAQ:FELE CUSIP35351410 CIK38725 Webwww.franklin-electric.com Phone(260) 824-2900Fax260-824-2909Employees6,500Year Founded1944Price Target and Rating Average Stock Price Forecast$86.67 High Stock Price Forecast$93.00 Low Stock Price Forecast$82.00 Forecasted Upside/Downside-7.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.97 Trailing P/E Ratio23.70 Forward P/E Ratio22.40 P/E GrowthN/ANet Income$187.33 million Net Margins9.17% Pretax Margin11.51% Return on Equity18.68% Return on Assets11.05% Debt Debt-to-Equity Ratio0.08 Current Ratio2.11 Quick Ratio0.77 Sales & Book Value Annual Sales$2.04 billion Price / Sales2.13 Cash Flow$5.26 per share Price / Cash Flow17.88 Book Value$23.10 per share Price / Book4.07Miscellaneous Outstanding Shares46,230,000Free Float44,793,000Market Cap$4.35 billion OptionableOptionable Beta0.98 Social Links Key ExecutivesGregg C. SengstackChairman, President & Chief Executive OfficerJeffery L. TaylorVP, Chief Financial & Accounting OfficerDonald P. KenneyVice President & President-Global WaterDeLancey W. DavisVice President & President-Headwater CompaniesJonathan M. GrandonSecretary, Chief Administrative Officer & VPKey CompetitorsRegal RexnordNYSE:RRXFlowserveNYSE:FLSCasella Waste SystemsNASDAQ:CWSTMueller IndustriesNYSE:MLIAltra Industrial MotionNASDAQ:AIMCView All CompetitorsInsiders & InstitutionsDiametric Capital LPSold 3,935 shares on 3/29/2023Ownership: 0.014%Donald P KenneySold 1,400 sharesTotal: $129,836.00 ($92.74/share)Donald P KenneySold 2,592 sharesTotal: $244,944.00 ($94.50/share)Rockefeller Capital Management L.P.Sold 175 shares on 3/6/2023Ownership: 0.006%Gregg C SengstackSold 9,246 sharesTotal: $879,109.68 ($95.08/share)View All Insider TransactionsView All Institutional Transactions FELE Stock - Frequently Asked Questions Should I buy or sell Franklin Electric stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FELE shares. 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 FELE analyst ratings or view top-rated stocks. What is Franklin Electric's stock price forecast for 2023? 4 analysts have issued 12 month price objectives for Franklin Electric's shares. Their FELE share price forecasts range from $82.00 to $93.00. On average, they anticipate the company's share price to reach $86.67 in the next twelve months. This suggests that the stock has a possible downside of 7.9%. View analysts price targets for FELE or view top-rated stocks among Wall Street analysts. How have FELE shares performed in 2023? Franklin Electric's stock was trading at $79.75 at the start of the year. Since then, FELE shares have increased by 18.0% and is now trading at $94.10. View the best growth stocks for 2023 here. When is Franklin Electric's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our FELE earnings forecast. How were Franklin Electric's earnings last quarter? Franklin Electric Co., Inc. (NASDAQ:FELE) released its earnings results on Tuesday, February, 14th. The industrial products company reported $0.84 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by $0.09. The industrial products company had revenue of $489.43 million for the quarter, compared to analysts' expectations of $483.50 million. Franklin Electric had a net margin of 9.17% and a trailing twelve-month return on equity of 18.68%. The business's revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. How often does Franklin Electric pay dividends? What is the dividend yield for Franklin Electric? Franklin Electric announced a quarterly dividend on Monday, January 23rd. Shareholders of record on Thursday, February 2nd will be given a dividend of $0.225 per share on Thursday, February 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Wednesday, February 1st. This is a positive change from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for FELE. What ETFs hold Franklin Electric's stock? ETFs with the largest weight of Franklin Electric (NASDAQ:FELE) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), iShares MSCI Water Management Multisector ETF (IWTR), Invesco S&P Global Water Index ETF (CGW), Global X Clean Water ETF (AQWA), iShares Environmental Infrastructure and Industrials ETF (EFRA), First Trust Water ETF (FIW), Ecofin Global Water ESG Fund (EBLU) and Invesco Water Resources ETF (PHO). Is Franklin Electric a good dividend stock? Franklin Electric (NASDAQ:FELE) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.97%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FELE will have a dividend payout ratio of 20.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FELE. What guidance has Franklin Electric issued on next quarter's earnings? Franklin Electric issued an update on its FY 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share guidance of $4.10-$4.30 for the period, compared to the consensus estimate of $4.08. The company issued revenue guidance of $2.10 billion-$2.20 billion, compared to the consensus revenue estimate of $2.03 billion. What is Gregg Sengstack's approval rating as Franklin Electric's CEO? 36 employees have rated Franklin Electric Chief Executive Officer Gregg Sengstack on Glassdoor.com. Gregg Sengstack has an approval rating of 79% among the company's employees. 84.0% of employees surveyed would recommend working at Franklin Electric to a friend. 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), Wendy's (WEN), Altria Group (MO), 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." How do I buy shares of Franklin Electric? Shares of FELE stock 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 $94.10. How much money does Franklin Electric make? Franklin Electric (NASDAQ:FELE) has a market capitalization of $4.35 billion and generates $2.04 billion in revenue each year. The industrial products company earns $187.33 million in net income (profit) each year or $3.97 on an earnings per share basis. How many employees does Franklin Electric have? The company employs 6,500 workers across the globe. How can I contact Franklin Electric? Franklin Electric's mailing address is 9255 COVERDALE ROAD, FORT WAYNE IN, 46809. The official website for the company is www.franklin-electric.com. The industrial products company can be reached via phone at (260) 824-2900 or via fax at 260-824-2909. This page (NASDAQ:FELE) was last updated on 4/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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