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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:FELE

Franklin Electric Stock Forecast, Price & News

$71.61
-1.85 (-2.52 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$70.84
Now: $71.61
$72.54
50-Day Range
$67.59
MA: $70.33
$74.40
52-Week Range
$41.25
Now: $71.61
$75.33
Volume191,113 shs
Average Volume153,931 shs
Market Capitalization$3.31 billion
P/E Ratio35.99
Dividend Yield0.85%
Beta0.98
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in submersible fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes intelligent electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment and other brands. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Franklin Electric logo

MarketRank

Overall MarketRank

1.67 out of 5 stars

Industrial Products Sector

71st out of 331 stocks

Motors & Generators Industry

2nd out of 8 stocks

Analyst Opinion: 1.3Community Rank: 1.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Motors & generators
Sub-IndustryElectrical Components & Equipment
Current SymbolNASDAQ:FELE
CUSIP35351410
Phone260-824-2900
Employees5,400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$2.83 per share
Book Value$17.23 per share

Profitability

Net Income$95.48 million

Miscellaneous

Market Cap$3.31 billion
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$71.61
-1.85 (-2.52 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Franklin Electric (NASDAQ:FELE) Frequently Asked Questions

How has Franklin Electric's stock been impacted by Coronavirus (COVID-19)?

Franklin Electric's stock was trading at $49.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FELE shares have increased by 44.5% and is now trading at $71.61.
View which stocks have been most impacted by COVID-19
.

Is Franklin Electric a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Electric in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Franklin Electric stock.
View analyst ratings for Franklin Electric
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Franklin Electric?

Wall Street analysts have given Franklin Electric a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Franklin Electric wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Franklin Electric's next earnings date?

Franklin Electric is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Franklin Electric
.

How were Franklin Electric's earnings last quarter?

Franklin Electric Co., Inc. (NASDAQ:FELE) announced its quarterly earnings results on Tuesday, October, 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.20. The industrial products company had revenue of $351.20 million for the quarter, compared to analysts' expectations of $326.59 million. Franklin Electric had a return on equity of 12.16% and a net margin of 7.50%. Franklin Electric's revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share.
View Franklin Electric's earnings history
.

How often does Franklin Electric pay dividends? What is the dividend yield for Franklin Electric?

Franklin Electric announced a quarterly dividend on Tuesday, October 27th. Investors of record on Thursday, November 5th will be given a dividend of $0.155 per share on Thursday, November 19th. This represents a $0.62 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Wednesday, November 4th.
View Franklin Electric's dividend history
.

Is Franklin Electric a good dividend stock?

Franklin Electric pays an annual dividend of $0.62 per share and currently has a dividend yield of 0.85%. The dividend payout ratio of Franklin Electric is 29.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Franklin Electric will have a dividend payout ratio of 25.10% next year. This indicates that Franklin Electric will be able to sustain or increase its dividend.
View Franklin Electric's dividend history.

What guidance has Franklin Electric issued on next quarter's earnings?

Franklin Electric issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, October, 27th. The company provided EPS guidance of 2.10-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.89.

What price target have analysts set for FELE?

4 equities research analysts have issued 1-year price targets for Franklin Electric's stock. Their forecasts range from $50.00 to $72.00. On average, they expect Franklin Electric's stock price to reach $61.00 in the next twelve months. This suggests that the stock has a possible downside of 14.8%.
View analysts' price targets for Franklin Electric
or view Wall Street analyst' top-rated stocks.

Who are some of Franklin Electric's key competitors?

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), The Wendy's (WEN), Altria Group (MO), The Kraft Heinz (KHC), Marathon Petroleum (MPC), Pfizer (PFE), QUALCOMM (QCOM), Verizon Communications (VZ) and Carnival Co. & (CCL).

Who are Franklin Electric's key executives?

Franklin Electric's management team includes the following people:
  • Mr. Gregg C. Sengstack, Chairman, Pres & CEO (Age 62, Pay $1.43M)
  • Mr. John J. Haines, VP & CFO (Age 56, Pay $729.58k)
  • Mr. DeLancey W. Davis, VP & Pres of Headwater Companies (Age 54, Pay $576.78k)
  • Mr. Donald P. Kenney, VP & Pres of Global Water (Age 59, Pay $710.76k)
  • Mr. Jonathan M. Grandon, VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 44)
  • Mr. Jay J. Walsh, VP & Pres of Franklin Fueling Systems (Age 50)

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 retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.76%), State of Alaska Department of Revenue (0.06%), Fruth Investment Management (0.04%), Radnor Capital Management LLC (0.02%), Crossmark Global Holdings Inc. (0.01%) and Diversified Trust Co (0.01%). Company insiders that own Franklin Electric stock include Delancey W Davis, Donald P Kenney, Gregg C Sengstack, Jay J Walsh, John J Haines, Julie Scheck Freigang, Steven William Aikman and Thomas R Verhage.
View institutional ownership trends for Franklin Electric
.

Which institutional investors are selling Franklin Electric stock?

FELE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Boston Trust Walden Corp, Fruth Investment Management, and Radnor Capital Management LLC. Company insiders that have sold Franklin Electric company stock in the last year include Delancey W Davis, Donald P Kenney, Gregg C Sengstack, John J Haines, and Julie Scheck Freigang.
View insider buying and selling activity for Franklin Electric
or view top insider-selling stocks.

Which institutional investors are buying Franklin Electric stock?

FELE stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co, and Crossmark Global Holdings Inc..
View insider buying and selling activity for Franklin Electric
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Franklin Electric's stock price today?

One share of FELE stock can currently be purchased for approximately $71.61.

How big of a company is Franklin Electric?

Franklin Electric has a market capitalization of $3.31 billion and generates $1.31 billion in revenue each year. The industrial products company earns $95.48 million in net income (profit) each year or $2.07 on an earnings per share basis. Franklin Electric employs 5,400 workers across the globe.

What is Franklin Electric's official website?

The official website for Franklin Electric is www.franklin-electric.com.

How can I contact Franklin Electric?

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.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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