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

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

Franklin Electric announced a quarterly dividend on Tuesday, October 22nd. Investors 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 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Thursday, October 31st. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) issued its quarterly earnings data on Tuesday, October, 29th. The industrial products company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The industrial products company earned $348.41 million during the quarter, compared to analyst estimates of $353.82 million. Franklin Electric had a return on equity of 13.46% and a net margin of 7.62%. Franklin Electric's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business earned $0.64 EPS. 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 brokers have issued 12 month price targets for Franklin Electric's shares. Their forecasts range from $54.00 to $54.00. On average, they anticipate Franklin Electric's share price to reach $54.00 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. 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 coverage about FELE stock has been trending extremely negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Franklin Electric earned a news impact score of -5.0 on InfoTrie's scale. They also gave news headlines 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 effect on the stock's share price in the near term. View News Stories for Franklin Electric.

Franklin Electric saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 540,100 shares, a decrease of 9.2% from the December 15th total of 594,800 shares. Based on an average daily trading volume, of 120,600 shares, the days-to-cover ratio is currently 4.5 days. Currently, 1.4% of the shares of the company are sold short. View Franklin Electric's Current Options Chain.

Some companies that are related to Franklin Electric include Emerson Electric (EMR), Roper Technologies (ROP), Eaton (ETN), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Acuity Brands (AYI), Enphase Energy (ENPH), 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 a variety of of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (0.99%), Tributary Capital Management LLC (0.89%), First National Bank of Omaha (0.18%), State of Alaska Department of Revenue (0.06%), Nisa Investment Advisors LLC (0.04%) and Louisiana State Employees Retirement System (0.03%). 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 Tributary Capital Management LLC, Janney Montgomery Scott LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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 Boston Trust Walden Corp, Radnor Capital Management LLC, Alpine Global Management LLC, First National Bank of Omaha and Nisa Investment 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 $58.45.

Franklin Electric has a market capitalization of $2.71 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.