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, January 28th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.155 per share on Thursday, February 20th. This represents a $0.62 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, February 5th. This is a positive change from Franklin Electric's previous quarterly dividend of $0.15. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) released its quarterly earnings results on Tuesday, February, 18th. The industrial products company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.08. The industrial products company had revenue of $320.10 million for the quarter, compared to analyst estimates of $321.53 million. Franklin Electric had a net margin of 7.62% and a return on equity of 13.46%. Franklin Electric's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.52 earnings per share. View Franklin Electric's Earnings History.

Franklin Electric is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Franklin Electric.

Franklin Electric issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.39.

2 brokers have issued 12 month target prices 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 that the stock has a possible downside of 8.6%. 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.

News headlines about FELE stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Franklin Electric earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Franklin Electric.

Franklin Electric saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 583,100 shares, an increase of 8.0% from the January 15th total of 540,100 shares. Based on an average daily trading volume, of 134,900 shares, the days-to-cover ratio is currently 4.3 days. Currently, 1.5% of the shares of the 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), Enphase Energy (ENPH), Acuity Brands (AYI), Regal Beloit (RBC), II-VI (IIVI), EnerSys (ENS), Brady (BRC), 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), Las Vegas Sands (LVS), Marathon Petroleum (MPC), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), Altria Group (MO), Pfizer (PFE), AT&T (T), Comcast (CMCSA) and Huntington Bancshares (HBAN).

Franklin Electric's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Earnest Partners LLC (4.87%), State Street Corp (2.70%), King Luther Capital Management Corp (2.68%), Royce & Associates LP (1.89%), Vaughan Nelson Investment Management L.P. (1.87%) and Bank of New York Mellon Corp (1.15%). 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 Royce & Associates LP, Amundi Pioneer Asset Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, UBS Group AG, Arizona State Retirement System, AQR Capital Management LLC and Gabelli Funds LLC. 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 acquired by a variety of institutional investors in the last quarter, including Earnest Partners LLC, First Trust Advisors LP, Jefferies Group LLC, Great West Life Assurance Co. Can, Jane Street Group LLC, Johnson Investment Counsel Inc., Barclays PLC and Victory Capital Management Inc.. 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 $59.11.

Franklin Electric has a market capitalization of $2.74 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.