NASDAQ:FELE Franklin Electric - FELE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Franklin Electric Co., Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $87.33 +0.96 (+1.11%) (As of 01/27/2023 08:54 PM ET) Add Compare Share Share Today's Range$86.15▼$87.9250-Day Range$78.45▼$87.3352-Week Range$68.27▼$96.19Volume101,000 shsAverage Volume149,228 shsMarket Capitalization$4.05 billionP/E Ratio21.94Dividend Yield0.90%Price Target$85.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Franklin Electric MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside1.8% Downside$85.75 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-1.83Upright™ Environmental ScoreNews Sentiment1.31Based on 6 Articles This WeekInsider TradingSelling Shares$84,910 Sold Last QuarterProj. Earnings Growth3.18%From $4.09 to $4.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsIndustrial Products Sector106th out of 183 stocksMotors & Generators Industry4th out of 4 stocks 1.3 Analyst's Opinion Consensus RatingFranklin Electric has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.75, Franklin Electric has a forecasted downside of 1.8% from its current price of $87.33.Amount of Analyst CoverageFranklin Electric has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FELE. Previous Next 3.3 Dividend Strength Dividend YieldFranklin Electric has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFranklin Electric has been increasing its dividend for 30 years.Dividend CoverageThe dividend payout ratio of Franklin Electric is 22.61%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Franklin Electric will have a dividend payout ratio of 21.33% next year. This indicates that Franklin Electric will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFranklin Electric has received a 29.05% net impact score from Upright. Franklin Electric seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Submersible pumps", "Centrifugal pumps", and "Liquid pumps" products. See details.Environmental SustainabilityThe Environmental Impact score for Franklin Electric is -1.83. Previous Next 2.9 News and Social Media Coverage News SentimentFranklin Electric has a news sentiment score of 1.31. 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 0.60 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Franklin Electric this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Franklin Electric to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $84,910.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Franklin Electric is held by insiders.Percentage Held by Institutions79.38% of the stock of Franklin Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Franklin Electric are expected to grow by 3.18% in the coming year, from $4.09 to $4.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Franklin Electric is 21.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Franklin Electric is 21.94, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.08.Price to Book Value per Share RatioFranklin Electric has a P/B Ratio of 4.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Franklin Electric (NASDAQ:FELE) StockFranklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. It operates through the following business segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment designs, manufactures, and sells water pumping systems, submersible motors, pumps, electronic controls, and related parts and equipment. The Fueling Systems segment produces and markets fuel pumping, fuel containment, and monitoring and control systems. It also offers pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment. The Distribution Segment sells to and provides pre sale support and specifications to the installing contractors. The company was founded by Edward J. Schaefer and T. Wayne Kehoe in 1944 and is headquartered in Fort Wayne, IN.Read More Receive FELE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Franklin Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address FELE Stock News HeadlinesJanuary 26, 2023 | finance.yahoo.comFranklin Electric (NASDAQ:FELE) Will Pay A Larger Dividend Than Last Year At $0.225January 24, 2023 | americanbankingnews.comFranklin Electric Co., Inc. (NASDAQ:FELE) Announces Dividend Increase - $0.23 Per ShareJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 23, 2023 | finance.yahoo.comFranklin Electric raises quarterly dividend, to boost implied yield above 1%January 2, 2023 | msn.comAretha Franklin named Best Singer of All TimeDecember 22, 2022 | seekingalpha.comFranklin Electric: Remaining On The SidelinesNovember 18, 2022 | finance.yahoo.comIs Franklin Electric Co., Inc. (NASDAQ:FELE) Trading At A 26% Discount?November 18, 2022 | finance.yahoo.comFranklin Electric to Participate in Credit Suisse 10th Annual Global Industrials ConferenceJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.October 28, 2022 | msn.comFranklin Electric's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowOctober 25, 2022 | seekingalpha.comFranklin Electric Co., Inc. (FELE) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comFranklin Electric (FELE) Q3 Earnings and Revenues Lag EstimatesOctober 25, 2022 | finance.yahoo.comFranklin Electric Reports Record Third Quarter 2022 ResultsOctober 24, 2022 | msn.comFranklin Electric Earnings PreviewOctober 24, 2022 | finance.yahoo.comFranklin Electric (NASDAQ:FELE) Is Experiencing Growth In Returns On CapitalOctober 11, 2022 | finance.yahoo.comFranklin Electric Schedules Its Third Quarter 2022 Earnings Release and Conference CallSeptember 30, 2022 | finance.yahoo.comWhat Is Franklin Electric Co., Inc.'s (NASDAQ:FELE) Share Price Doing?September 20, 2022 | seekingalpha.comFranklin Electric: Potential Slowdown In Housing And Agriculture Keeps Us On The SidelinesSeptember 18, 2022 | nasdaq.comFranklin Electric's (NASDAQ:FELE) earnings growth rate lags the 15% CAGR delivered to shareholdersSeptember 18, 2022 | nasdaq.comFranklin Electric (FELE) Shares Cross Below 200 DMASeptember 10, 2022 | msn.comPortland's Franklin Towers apartments still without full powerSeptember 9, 2022 | msn.comWhy Aretha Franklin was tracked by the FBISeptember 5, 2022 | finance.yahoo.comThe total return for Franklin Electric (NASDAQ:FELE) investors has risen faster than earnings growth over the last five yearsSeptember 2, 2022 | nasdaq.comFranklin Electric Co., Inc. Common Stock (FELE)August 22, 2022 | finance.yahoo.comABB, ATS Global Sign MOU to Expand ABB Ability DCA BusinessAugust 11, 2022 | finance.yahoo.comFranklin Electric Releases 2022 Sustainability ReportAugust 8, 2022 | finance.yahoo.comIs Franklin Electric Co., Inc.'s (NASDAQ:FELE) Recent Stock Performance Tethered To Its Strong Fundamentals?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FELE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Franklin Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address FELE Company Calendar Last Earnings10/25/2021Ex-Dividend for 11/17 Dividend11/02/2022Dividend Payable11/17/2022Today1/29/2023Ex-Dividend for 2/16 Dividend2/01/2023Dividend Payable2/16/2023Next Earnings (Estimated)2/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motors & generators Sub-IndustryElectrical Components & Equipment SectorIndustrial Products Current SymbolNASDAQ:FELE CUSIP35351410 CIK38725 Webwww.franklin-electric.com Phone(260) 824-2900Fax260-824-2909Employees6,400Year Founded1944Price Target and Rating Average Stock Price Forecast$85.75 High Stock Price Forecast$95.00 Low Stock Price Forecast$80.00 Forecasted Upside/Downside-1.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.98 Trailing P/E Ratio21.94 Forward P/E Ratio21.35 P/E GrowthN/ANet Income$153.86 million Net Margins9.48% Pretax Margin11.98% Return on Equity18.71% Return on Assets10.93% Debt Debt-to-Equity Ratio0.09 Current Ratio1.92 Quick Ratio0.71 Sales & Book Value Annual Sales$1.99 billion Price / Sales2.04 Cash Flow$4.14 per share Price / Cash Flow21.07 Book Value$20.43 per share Price / Book4.27Miscellaneous Outstanding Shares46,319,000Free Float44,883,000Market Cap$4.05 billion OptionableOptionable Beta0.98 Social Links Key ExecutivesGregg C. SengstackChairman & Chief Executive OfficerJeffery L. TaylorVP, Chief Financial & Accounting OfficerDonald P. KenneyVice President & President-Global WaterDeLancey W. DavisVice President & President-Headwater CompaniesJonathan M. GrandonSecretary, Chief Administrative Officer & VPKey CompetitorsRegal RexnordNYSE:RRXAltra Industrial MotionNASDAQ:AIMCZurn Elkay Water SolutionsNYSE:ZWSCasella Waste SystemsNASDAQ:CWSTUniFirstNYSE:UNFView All CompetitorsInsiders & InstitutionsTributary Capital Management LLCSold 8,714 shares on 1/27/2023Ownership: 0.537%Natixis Advisors L.P.Bought 46,193 shares on 1/27/2023Ownership: 0.208%First Merchants CorpSold 1,000 shares on 1/26/2023Ownership: 0.434%Strs OhioSold 500 shares on 1/26/2023Ownership: 0.008%Inspire Investing LLCBought 404 shares on 1/26/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions FELE Stock - Frequently Asked Questions Should I buy or sell Franklin Electric stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FELE shares. View FELE analyst ratings or view top-rated stocks. What is Franklin Electric's stock price forecast for 2023? 5 Wall Street research analysts have issued 1 year target prices for Franklin Electric's stock. Their FELE share price forecasts range from $80.00 to $95.00. On average, they anticipate the company's share price to reach $85.75 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View analysts price targets for FELE or view top-rated stocks among Wall Street analysts. How have FELE shares performed in 2023? Franklin Electric's stock was trading at $79.75 at the beginning of the year. Since then, FELE shares have increased by 9.5% and is now trading at $87.33. View the best growth stocks for 2023 here. When is Franklin Electric's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023. View our FELE earnings forecast. How were Franklin Electric's earnings last quarter? Franklin Electric Co., Inc. (NASDAQ:FELE) released its quarterly earnings results on Monday, October, 25th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.08. The industrial products company had revenue of $459 million for the quarter, compared to analysts' expectations of $432.68 million. Franklin Electric had a net margin of 9.48% and a trailing twelve-month return on equity of 18.71%. The company's revenue was up 30.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.83 earnings per share. How often does Franklin Electric pay dividends? What is the dividend yield for Franklin Electric? Franklin Electric declared a quarterly dividend on Monday, January 23rd. Stockholders of record on Thursday, February 2nd will be given a dividend of $0.225 per share on Thursday, February 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Wednesday, February 1st. This is a boost from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for FELE. Is Franklin Electric a good dividend stock? Franklin Electric (NASDAQ:FELE) pays an annual dividend of $0.78 per share and currently has a dividend yield of 0.89%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FELE will have a dividend payout ratio of 18.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FELE. What guidance has Franklin Electric issued on next quarter's earnings? Franklin Electric updated its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $4.08-$4.18 for the period, compared to the consensus estimate of $4.12. The company issued revenue guidance of $2.00 billion-$2.10 billion, compared to the consensus revenue estimate of $2.04 billion. What is Gregg Sengstack's approval rating as Franklin Electric's CEO? 36 employees have rated Franklin Electric Chief Executive Officer Gregg Sengstack on Glassdoor.com. Gregg Sengstack has an approval rating of 79% among the company's employees. 84.0% of employees surveyed would recommend working at Franklin Electric to a friend. 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 a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (4.56%), Boston Trust Walden Corp (0.95%), Tributary Capital Management LLC (0.54%), First Merchants Corp (0.43%), Fenimore Asset Management Inc. (0.31%) and Ziegler Capital Management LLC (0.26%). Insiders that own company stock include Delancey W Davis, Delancey W Davis, Donald P Kenney, Donald P Kenney, Gregg C Sengstack, Gregg C Sengstack, Jay J Walsh, Jeffery L Taylor, John J Haines, John J Haines, Jonathan M Grandon, Julie Scheck Freigang and Paul Chhabra. View institutional ownership trends. 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 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 $87.33. How much money does Franklin Electric make? Franklin Electric (NASDAQ:FELE) has a market capitalization of $4.05 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 $3.98 on an earnings per share basis. How many employees does Franklin Electric have? The company employs 6,400 workers across the globe. How can I contact Franklin Electric? Franklin Electric's mailing address is 9255 COVERDALE ROAD, FORT WAYNE IN, 46809. The official website for the company is www.franklin-electric.com. The industrial products company can be reached via phone at (260) 824-2900 or via fax at 260-824-2909. This page (NASDAQ:FELE) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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