NASDAQ:FELE - Franklin Electric Stock Price, Forecast & News

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

Franklin Electric declared a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Friday, November 1st will be given a dividend of $0.145 per share on Friday, November 15th. This represents a $0.58 annualized dividend and a yield of 1.04%. The ex-dividend date is Thursday, October 31st. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) announced its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $0.73 earnings per share for the quarter, topping the 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%. The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business 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 Wall Street analysts have issued twelve-month target prices for Franklin Electric's stock. 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 twelve months. This suggests that the stock has a possible downside of 3.4%. 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.

Headlines about FELE stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Franklin Electric earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Franklin Electric.

Franklin Electric saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 730,400 shares, an increase of 27.0% from the October 31st total of 575,200 shares. Based on an average daily volume of 120,000 shares, the short-interest ratio is presently 6.1 days. Approximately 1.9% of the company's stock 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), Enphase Energy (ENPH), II-VI (IIVI), Belden (BDC), 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), QUALCOMM (QCOM), Comcast (CMCSA), Kraft Heinz (KHC), Lakeland Bancorp (LBAI), NVIDIA (NVDA), W W Grainger (GWW), HCA Healthcare (HCA), Las Vegas Sands (LVS) and MCCORMICK & CO /SH (MKC).

Franklin Electric's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.70%), 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%) and Gamco Investors INC. ET AL (0.63%). 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, State Street Corp, Squarepoint Ops LLC, Barclays PLC and OLD National Bancorp IN. 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 bought 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 $55.91.

Franklin Electric has a market capitalization of $2.59 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.