Franklin Electric Stock Price, Forecast & Analysis (NASDAQ:FELE)

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

Franklin Electric announced a quarterly dividend on Tuesday, October 22nd. Investors of record on Friday, November 1st will be paid a dividend of $0.145 per share on Friday, November 15th. This represents a $0.58 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Thursday, October 31st. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) released its quarterly earnings data on Tuesday, October, 29th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.02. The industrial products company had revenue of $348.41 million for the quarter, compared to the consensus estimate of $353.82 million. Franklin Electric had a net margin of 7.62% and a return on equity of 13.46%. Franklin Electric's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. View Franklin Electric's Earnings History.

Franklin Electric is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Franklin Electric.

2 analysts have issued 12 month price objectives for Franklin Electric's shares. Their forecasts range from $54.00 to $54.00. On average, they expect Franklin Electric's share price to reach $54.00 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for Franklin Electric.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Electric.

Media coverage about FELE stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Franklin Electric earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Franklin Electric.

Franklin Electric saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 730,400 shares, an increase of 27.0% from the September 30th total of 575,200 shares. Based on an average daily trading volume, of 120,000 shares, the short-interest ratio is presently 6.1 days. Approximately 1.9% of the shares of the company are short sold. View Franklin Electric's Current Options Chain.

Some companies that are related to Franklin Electric include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Belden (BDC), Enphase Energy (ENPH), II-VI (IIVI), Vicor (VICR) and Encore Wire (WIRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Electric investors own include Wendys (WEN), Kraft Heinz (KHC), QUALCOMM (QCOM), HCA Healthcare (HCA), American Airlines Group (AAL), Booking (BKNG), Comcast (CMCSA), East West Bancorp (EWBC), GW Pharmaceuticals PLC- (GWPH) and Lakeland Bancorp (LBAI).

Franklin Electric's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.89%), Boston Trust Walden Corp (0.98%), Tributary Capital Management LLC (0.91%), First Merchants Corp (0.88%), Gamco Investors INC. ET AL (0.63%) and First Trust Advisors LP (0.51%). Company insiders that own Franklin Electric stock include Delancey W Davis, Donald P Kenney, Gregg C Sengstack, Jay J Walsh, John J Haines, Steven William Aikman and Thomas R Verhage. View Institutional Ownership Trends for Franklin Electric.

FELE stock was sold by a variety of institutional investors in the last quarter, including First Merchants Corp, First Trust Advisors LP, Tributary Capital Management LLC, Gamco Investors INC. ET AL, OLD National Bancorp IN, State of Tennessee Treasury Department, Chartwell Investment Partners LLC and Monarch Capital Management Inc.. 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, Steven William Aikman and Thomas R Verhage. View Insider Buying and Selling for Franklin Electric.

FELE stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., SG Americas Securities LLC, California Public Employees Retirement System, State of Alaska Department of Revenue, WBI Investments Inc., John G Ullman & Associates Inc., Russell Investments Group Ltd. and Rhumbline Advisers. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FELE stock can currently be purchased for approximately $53.11.

Franklin Electric has a market capitalization of $2.46 billion and generates $1.30 billion in revenue each year. The industrial products company earns $105.88 million in net income (profit) each year or $2.26 on an earnings per share basis. Franklin Electric employs 5,600 workers across the globe.View Additional Information About Franklin Electric.

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

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.