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

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

Franklin Electric declared a quarterly dividend on Monday, July 22nd. Stockholders 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 annualized dividend 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) posted its earnings results on Tuesday, July, 23rd. The industrial products company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.04. The industrial products company had revenue of $355.30 million for the quarter, compared to the consensus estimate of $358.31 million. Franklin Electric had a net margin of 7.36% and a return on equity of 13.17%. Franklin Electric's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share. 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 issued an update on its FY19 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share (EPS) guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus estimate of $2.24.

1 brokers have issued 1 year price objectives for Franklin Electric's stock. Their predictions range from $54.00 to $54.00. On average, they anticipate Franklin Electric's stock price to reach $54.00 in the next year. This suggests a possible upside of 13.6% 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 stories about FELE stock have been trending negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog 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 media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Franklin Electric.

Franklin Electric saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 624,400 shares, a drop of 24.5% from the July 31st total of 827,300 shares. Based on an average trading volume of 157,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 1.6% of the company's 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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.25%), BlackRock Inc. (13.25%), Vanguard Group Inc. (9.62%), Impax Asset Management Group plc (6.20%), Earnest Partners LLC (4.60%) and Wells Fargo & Company MN (4.35%). 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 ClariVest Asset Management LLC, SG Americas Securities LLC, Vaughan Nelson Investment Management L.P., Gamco Investors INC. ET AL, Gabelli Funds LLC, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp and Chartwell Investment 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 bought by a variety of institutional investors in the last quarter, including Impax Asset Management Group plc, Nuveen Asset Management LLC, Wells Fargo & Company MN, AQR Capital Management LLC, Morgan Stanley, Invesco Ltd., First Trust Advisors LP and KBC Group NV. 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 $47.55.

Franklin Electric has a market capitalization of $2.20 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.