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, January 28th. Stockholders of record on Thursday, February 6th will be paid a dividend of $0.155 per share on Thursday, February 20th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Wednesday, February 5th. This is an increase from Franklin Electric's previous quarterly dividend of $0.15. View Franklin Electric's Dividend History.

Franklin Electric Co. (NASDAQ:FELE) issued its earnings results on Tuesday, October, 29th. The industrial products company reported $0.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The industrial products company had revenue of $348.41 million for the quarter, compared to analyst estimates of $353.82 million. The business's quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. 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.

Franklin Electric will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 1 year target prices for Franklin Electric's stock. 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 year. This suggests that the stock has a possible downside of 11.3%. 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 been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Franklin Electric earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate 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 volume of 134,900 shares, the days-to-cover ratio is currently 4.3 days. Approximately 1.5% of the company's shares are sold short. View Franklin Electric's Current Options Chain.

Some companies that are related to Franklin Electric include AMETEK (AME), Acuity Brands (AYI), American Superconductor (AMSC), Belden (BDC), Brady (BRC), Eaton (ETN), Emerson Electric (EMR), Encore Wire (WIRE), EnerSys (ENS), Enphase Energy (ENPH), FuelCell Energy (FCEL), Generac (GNRC), II-VI (IIVI), LSI Industries (LYTS) and Powell Industries (POWL).

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 retail and institutional investors. Top institutional investors 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 bought 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 $60.89.