S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:FELE

Franklin Electric (FELE) Stock Forecast, Price & News

$70.45
-0.30 (-0.42%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$68.69
$71.24
50-Day Range
$68.28
$85.52
52-Week Range
$68.27
$96.95
Volume
277,500 shs
Average Volume
195,526 shs
Market Capitalization
$3.26 billion
P/E Ratio
21.41
Dividend Yield
1.11%
Beta
1.03
30 days | 90 days | 365 days | Advanced Chart
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Franklin Electric logo

About Franklin Electric

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

Headlines

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Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:FELE
CUSIP
35351410
Employees
6,400
Year Founded
1944

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$4.13 per share
Book Value
$20.82 per share

Profitability

Net Income
$153.86 million
Pretax Margin
10.93%

Debt

Price-To-Earnings

Miscellaneous

Free Float
44,877,000
Market Cap
$3.26 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 5/19 Dividend
5/04/2022
Dividend Payable
5/19/2022
Today
5/22/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.32 out of 5 stars

Industrial Products Sector

10th out of 254 stocks

Motors & Generators Industry

1st out of 5 stocks

Analyst Opinion: 3.5Community Rank: 3.7Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -













Franklin Electric (NASDAQ:FELE) Frequently Asked Questions

Is Franklin Electric a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Franklin Electric stock.
View analyst ratings for Franklin Electric
or view top-rated stocks.

When is Franklin Electric's next earnings date?

Franklin Electric is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Franklin Electric
.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co., Inc. (NASDAQ:FELE) released its earnings results on Tuesday, April, 26th. The industrial products company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.01. The industrial products company earned $451.50 million during the quarter, compared to analysts' expectations of $424.62 million. Franklin Electric had a trailing twelve-month return on equity of 16.08% and a net margin of 8.75%. Franklin Electric's revenue was up 35.5% compared to the same quarter last year. During the same period last year, the firm posted $0.59 EPS.
View Franklin Electric's earnings history
.

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

Franklin Electric announced a quarterly dividend on Monday, April 25th. Shareholders of record on Thursday, May 5th will be given a dividend of $0.195 per share on Thursday, May 19th. This represents a $0.78 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Wednesday, May 4th.
View Franklin Electric's dividend history
.

Is Franklin Electric a good dividend stock?

Franklin Electric pays an annual dividend of $0.78 per share and currently has a dividend yield of 1.11%. Franklin Electric 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 of Franklin Electric is 23.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Franklin Electric will have a dividend payout ratio of 19.50% 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 2022 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $3.500-$3.750 for the period, compared to the consensus estimate of $3.650. The company issued revenue guidance of $1.90 billion-$2.05 billion, compared to the consensus revenue estimate of $1.97 billion.

What price target have analysts set for FELE?

2 brokerages have issued 1-year target prices for Franklin Electric's shares. Their forecasts range from $86.00 to $95.00. On average, they expect Franklin Electric's share price to reach $90.50 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
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:
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.

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."

Who are Franklin Electric's major shareholders?

Franklin Electric's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.06%), Vanguard Group Inc. (9.83%), Earnest Partners LLC (5.22%), State Street Corp (4.87%), King Luther Capital Management Corp (2.59%) and Dimensional Fund Advisors LP (2.39%). Company insiders that own Franklin Electric stock include Delancey W Davis, Delancey W Davis, Donald P Kenney, Gregg C Sengstack, Gregg C Sengstack, Jay J Walsh, Jeffery L Taylor, John J Haines, John J Haines, Jonathan M Grandon and Julie Scheck Freigang.
View institutional ownership trends for Franklin Electric
.

Which institutional investors are selling Franklin Electric stock?

FELE stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Dimensional Fund Advisors LP, Earnest Partners LLC, First Trust Advisors LP, State Street Corp, Goldman Sachs Group Inc., Vanguard Group Inc., and Invesco Ltd.. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Gregg C Sengstack, John J Haines, and Jonathan M Grandon.
View insider buying and selling activity for Franklin Electric
or view top insider-selling stocks.

Which institutional investors are buying Franklin Electric stock?

FELE stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Eaton Vance Management, BI Asset Management Fondsmaeglerselskab A S, BlackRock Inc., Assenagon Asset Management S.A., Ziegler Capital Management LLC, Ergoteles LLC, and Renaissance Technologies LLC.
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 $70.45.

How much money does Franklin Electric make?

Franklin Electric has a market capitalization of $3.26 billion and generates $1.66 billion in revenue each year. The industrial products company earns $153.86 million in net income (profit) each year or $3.289990 on an earnings per share basis.

How many employees does Franklin Electric have?

Franklin Electric employs 6,400 workers across the globe.

When was Franklin Electric founded?

Franklin Electric was founded in 1944.

What is Franklin Electric's official website?

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

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 or via fax at 260-824-2909.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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