Franchise Group (FRG) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franchise Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRG, but not buy additional shares or sell existing shares.
View FRG analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 12-month price objectives for Franchise Group's shares. Their FRG share price forecasts range from $35.00 to $55.00. On average, they anticipate the company's share price to reach $46.00 in the next twelve months. This suggests a possible upside of 57.6% from the stock's current price.
View analysts price targets for FRG or view top-rated stocks among Wall Street analysts.

Franchise Group's stock was trading at $23.82 at the beginning of the year. Since then, FRG shares have increased by 22.5% and is now trading at $29.18.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FRG earnings forecast.

Franchise Group, Inc. (NASDAQ:FRG) issued its quarterly earnings results on Tuesday, February, 28th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.30. The business earned $1.12 billion during the quarter, compared to analysts' expectations of $1.03 billion. Franchise Group had a positive trailing twelve-month return on equity of 19.43% and a negative net margin of 4.33%. The firm's revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 EPS.

Franchise Group declared a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, March 31st will be given a dividend of $0.625 per share on Friday, April 14th. This represents a $2.50 annualized dividend and a yield of 8.57%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for FRG.

ETFs with the largest weight of Franchise Group (NASDAQ:FRG) stock in their portfolio include SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), First Trust Small Cap US Equity Select ETF (RNSC), First Trust Small Cap Growth AlphaDEX Fund (FYC),

Franchise Group (NASDAQ:FRG) pays an annual dividend of $2.50 per share and currently has a dividend yield of 8.57%. FRG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FRG.

Franchise Group issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of $2.90-$2.90 for the period, compared to the consensus EPS estimate of $3.21. The company issued revenue guidance of $4.40 billion-$4.40 billion, compared to the consensus revenue estimate of $4.35 billion.

Franchise Group trades on the NASDAQ under the ticker symbol "FRG."

Franchise Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (7.07%), BlackRock Inc. (5.22%), Royce & Associates LP (3.88%), Silvercrest Asset Management Group LLC (2.62%), Equitec Proprietary Markets LLC (2.54%) and Punch & Associates Investment Management Inc. (2.39%). Insiders that own company stock include Andrew M Laurence, B Riley Financial, Inc, Brc Partners Opportunity Fund,, Brian Randall Kahn, Lisa M Fairfax, Martin Lamb, Patrick A Cozza and Vintage Capital Management Llc.
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Shares of FRG 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.
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One share of FRG stock can currently be purchased for approximately $29.18.

Franchise Group (NASDAQ:FRG) has a market capitalization of $1.03 billion and generates $4.40 billion in revenue each year. The company earns $-68,570,000.00 in net income (profit) each year or ($5.39) on an earnings per share basis.

The company employs 14,237 workers across the globe.

Franchise Group's mailing address is 2387 LIBERTY WAY, VIRGINIA BEACH VA, 23456. The official website for the company is www.franchisegrp.com. The company can be reached via phone at (740) 363-2222, via email at akaminsky@franchisegrp.com, or via fax at 800-880-6432.