Franklin Electric (FELE) Stock Price, News & Analysis

Company Overview

Franklin Electric Co., Inc. (NASDAQ: FELE) designs, manufactures and distributes systems and components for the movement of water and automotive fuels. Established in 1944 and headquartered in Bluffton, Indiana, the company’s core offerings include submersible electric motors, pumps, pressure boosting systems, electronic controls and variable speed drives. Its solutions support residential, commercial, agricultural, municipal and industrial applications worldwide.

Within its Water Systems segment, Franklin Electric produces submersible motors and pumps for groundwater, irrigation and booster applications, along with surface pumps and packaged pumping systems. The Fueling Systems segment provides dispensers, under-pavement pumping units, hoses, nozzles and remote monitoring technologies for retail and commercial fueling operations. A history of strategic acquisitions has expanded the company’s portfolio and enhanced its engineering capabilities.

Franklin Electric operates manufacturing facilities and technical centers across North America, Latin America, Europe, Middle East & Africa and Asia Pacific. Key production sites in the United States, Italy, India, South Korea, China and Brazil support a global distribution network, ensuring compliance with regional standards and prompt customer service. The company places a strong emphasis on research and development to drive product innovation and energy-efficient solutions.

Headquartered in Bluffton, Indiana, Franklin Electric is led by President and Chief Executive Officer Jason T. Brooks and a seasoned management team with deep expertise in manufacturing, global expansion and technology. The company maintains a commitment to sustainable water management and ongoing investment in digital control systems to meet evolving market demands and regulatory requirements.

Key Stats

• Today's Range: $92.50 to $93.41
• 50-Day Range: $84.61 to $92.95
• 52-Week Range: $78.87 to $111.94
• Volume: 104,855 shs
• Average Volume: 223,446 shs
• Market Capitalization: $4.24 billion
• P/E Ratio: 24.32
• Dividend Yield: 1.14%
• Price Target: $94.00
• Consensus Rating: Hold

Franklin Electric Stock Analysis - MarketRank™

Franklin Electric scored higher than 84% of companies evaluated by MarketBeat, and ranked 103rd out of 543 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Franklin Electric has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Franklin Electric has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 10.98%

Earnings Growth

Earnings for Franklin Electric are expected to grow by 10.98% in the coming year, from $4.19 to $4.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Franklin Electric is 24.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Franklin Electric is 24.32, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 24.19.

Price to Earnings Growth Ratio

Franklin Electric has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Franklin Electric has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.05% of the float of Franklin Electric has been sold short.

Short Interest Ratio / Days to Cover

Franklin Electric has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Franklin Electric has recently increased by 1.41%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Franklin Electric pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Franklin Electric has been increasing its dividend for 33 years.

Dividend Coverage

The dividend payout ratio of Franklin Electric is 27.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Franklin Electric will have a dividend payout ratio of 22.80% next year. This indicates that Franklin Electric will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.83

Percentage of Shares Shorted

2.05% of the float of Franklin Electric has been sold short.

Short Interest Ratio / Days to Cover

Franklin Electric has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Franklin Electric has recently increased by 1.41%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.07

News Sentiment

Franklin Electric has a news sentiment score of 1.07. 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 Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Franklin Electric this week, compared to 5 articles on an average week.

MarketBeat Follows

1 people have added Franklin Electric to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $8,529,908.00 in company stock.

Percentage Held by Insiders

Only 2.72% of the stock of Franklin Electric is held by insiders.

Percentage Held by Institutions

79.98% of the stock of Franklin Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FELE Stock Analysis - Frequently Asked Questions

How have FELE shares performed this year?

Franklin Electric's stock was trading at $97.45 on January 1st, 2025. Since then, FELE shares have decreased by 4.6% and is now trading at $92.92.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co., Inc. (NASDAQ:FELE) released its quarterly earnings results on Tuesday, April, 29th. The industrial products company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.73 by $0.06. The business's revenue for the quarter was down 1.2% on a year-over-year basis.
Read the conference call transcript.

Is Franklin Electric doing a stock buyback?

Franklin Electric's Board of Directors approved a stock repurchase program on Friday, June 13th 2025, which allows the company to buy back 1,200,000 shares, according to EventVestor. This allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Franklin Electric own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Electric investors own include NVIDIA (NVDA), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Home Depot (HD), Meta Platforms (META) and Chevron (CVX).

Company Calendar

• Last Earnings: 4/29/2025
• Record date for 5/22 Dividend: 5/08/2025
• Ex-Dividend for 5/22 Dividend: 5/08/2025
• Dividend Payable: 5/22/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 7/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: MACH - ELECTRICAL
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:FELE
• CIK: 38725
• Web: www.franklin-electric.com
• Phone: (260) 824-2900
• Fax: 260-824-2909
• Employees: 6,500
• Year Founded: 1944

Price Target and Rating

• Average Stock Price Target: $94.00
• High Stock Price Target: $94.00
• Low Stock Price Target: $94.00
• Potential Upside/Downside: +1.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.82
• Trailing P/E Ratio: 24.32
• Forward P/E Ratio: 22.18
• P/E Growth: 1.86
• Net Income: $180.31 million
• Net Margins: 8.85%
• Pretax Margin: 11.48%
• Return on Equity: 14.08%
• Return on Assets: 9.72%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.98
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $2.02 billion
• Price / Sales: 2.10
• Cash Flow: $5.24 per share
• Price / Cash Flow: 17.74
• Book Value: $27.77 per share
• Price / Book: 3.35

Miscellaneous

• Outstanding Shares: 45,600,000
• Free Float: 44,356,000
• Market Cap: $4.24 billion
• Optionable: Optionable
• Beta: 1.07