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

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

Franklin Electric announced a quarterly dividend on Monday, July 22nd. Investors of record on Thursday, August 1st will be paid a dividend of $0.145 per share on Thursday, August 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, July 31st. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) released its quarterly earnings results on Tuesday, July, 23rd. The industrial products company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by $0.04. The industrial products company had revenue of $355.30 million for the quarter, compared to analysts' expectations of $358.31 million. Franklin Electric had a net margin of 7.36% and a return on equity of 13.17%. The firm's revenue was up 3.3% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS. View Franklin Electric's Earnings History.

Franklin Electric is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Franklin Electric.

Franklin Electric updated its FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.24.

1 Wall Street analysts have issued 12 month price objectives for Franklin Electric's stock. Their predictions 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 13.4% from the stock's current price. View Analyst Price Targets for Franklin Electric.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Electric.

News coverage about FELE stock has been trending very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Franklin Electric earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Franklin Electric.

Franklin Electric saw a decrease in short interest in September. As of September 30th, there was short interest totalling 549,700 shares, a decrease of 15.9% from the August 30th total of 653,900 shares. Based on an average daily volume of 145,600 shares, the short-interest ratio is currently 3.8 days. Currently, 1.4% 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 Generac (GNRC), Regal Beloit (RBC), Aggreko (ARGKF), XT Energy Group (XTNY) and American Superconductor (AMSC).

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 institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.91%), State of Alaska Department of Revenue (0.06%), Advisor Partners LLC (0.01%) and Valeo Financial Advisors LLC (0.00%). Company insiders that own Franklin Electric stock include Delancey W Davis, Donald P Kenney, 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 Tributary Capital Management LLC and Advisor Partners LLC. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Donald P Kenney, 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 State of Alaska Department of Revenue and Valeo Financial Advisors LLC. 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 $47.63.

Franklin Electric has a market capitalization of $2.21 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.