S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Asian shares mixed after last week's gains on Wall Street
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Asian shares mixed after last week's gains on Wall Street
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Asian shares mixed after last week's gains on Wall Street
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Asian shares mixed after last week's gains on Wall Street
NASDAQ:FELE

Franklin Electric - FELE Stock Forecast, Price & News

$87.33
+0.96 (+1.11%)
(As of 01/27/2023 08:54 PM ET)
Add
Compare
Today's Range
$86.15
$87.92
50-Day Range
$78.45
$87.33
52-Week Range
$68.27
$96.19
Volume
101,000 shs
Average Volume
149,228 shs
Market Capitalization
$4.05 billion
P/E Ratio
21.94
Dividend Yield
0.90%
Price Target
$85.75

Franklin Electric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.8% Downside
$85.75 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.83
Upright™ Environmental Score
News Sentiment
1.31mentions of Franklin Electric in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$84,910 Sold Last Quarter
Proj. Earnings Growth
3.18%
From $4.09 to $4.22 Per Share

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 stars

Industrial Products Sector

106th out of 183 stocks

Motors & Generators Industry

4th out of 4 stocks


FELE stock logo

About Franklin Electric (NASDAQ:FELE) Stock

Franklin 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.

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.

FELE Stock News Headlines

The Next Big Crisis Is Here
You 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.
Franklin Electric: Remaining On The Sidelines
The Next Big Crisis Is Here
You 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.
Franklin Electric Earnings Preview
Why Aretha Franklin was tracked by the FBI
Franklin Electric Co., Inc. Common Stock (FELE)
Franklin Electric Releases 2022 Sustainability Report
See More Headlines
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.

FELE Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 11/17 Dividend
11/02/2022
Dividend Payable
11/17/2022
Today
1/29/2023
Ex-Dividend for 2/16 Dividend
2/01/2023
Dividend Payable
2/16/2023
Next Earnings (Estimated)
2/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:FELE
CUSIP
35351410
Employees
6,400
Year Founded
1944

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$153.86 million
Pretax Margin
11.98%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$4.14 per share
Book Value
$20.43 per share

Miscellaneous

Free Float
44,883,000
Market Cap
$4.05 billion
Optionable
Optionable
Beta
0.98

Social Links


Key Executives

  • Gregg C. SengstackGregg C. Sengstack
    Chairman & Chief Executive Officer
  • Jeffery L. TaylorJeffery L. Taylor
    VP, Chief Financial & Accounting Officer
  • Donald P. Kenney
    Vice President & President-Global Water
  • DeLancey W. DavisDeLancey W. Davis
    Vice President & President-Headwater Companies
  • Jonathan M. GrandonJonathan M. Grandon
    Secretary, Chief Administrative Officer & VP













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