Franklin Electric Co., Inc. (FELE)

NASDAQ: FELE · Real-Time Price · USD
104.83
-0.51 (-0.48%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.48%
Market Cap 4.79B
Revenue (ttm) 2.01B
Net Income (ttm) 184.50M
Shares Out 45.69M
EPS (ttm) 3.96
PE Ratio 26.48
Forward PE 25.21
Dividend $1.00 (0.95%)
Ex-Dividend Date Nov 7, 2024
Volume 89,428
Open 104.91
Previous Close 105.34
Day's Range 103.51 - 105.33
52-Week Range 87.65 - 110.97
Beta 0.95
Analysts Buy
Price Target 97.50 (-6.99%)
Earnings Date Oct 29, 2024

About FELE

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applicat... [Read more]

Sector Industrials
Founded 1944
Employees 6,400
Stock Exchange NASDAQ
Ticker Symbol FELE
Full Company Profile

Financial Performance

In 2023, Franklin Electric Co.'s revenue was $2.07 billion, an increase of 1.05% compared to the previous year's $2.04 billion. Earnings were $192.57 million, an increase of 3.18%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for FELE stock is "Buy." The 12-month stock price forecast is $97.5, which is a decrease of -6.99% from the latest price.

Price Target
$97.5
(-6.99% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Franklin Electric Co., Inc. (FELE) Q3 2024 Earnings Call Transcript

Franklin Electric Co., Inc. (NASDAQ:FELE) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Jeffery Taylor - Chief Financial Officer Joseph Ruzynski - Chief Executive ...

22 days ago - Seeking Alpha

Franklin Electric Reports Third Quarter 2024 Results

Third Quarter 2024 Highlights Consolidated net sales of $531.4 million, a decrease of 1% to the prior year Water Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Sys...

22 days ago - GlobeNewsWire

Franklin Electric Declares Quarterly Dividend of $0.25 Per Share

FORT WAYNE, Ind., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable...

23 days ago - GlobeNewsWire

Franklin Electric Schedules Its Third Quarter 2024 Earnings Release and Conference Call

FORT WAYNE, Ind., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2024 earnings at 8:00 am ET on Tuesday, October 29, 2024. A conference cal...

5 weeks ago - GlobeNewsWire

11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs

The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P. A strong economy with falling interest rates is the ideal backdrop for blue-c...

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2 months ago - Seeking Alpha

Trends Should Start Flowing In A Better Direction For Franklin Electric

Q2 saw soft revenue due to weather delays and destocking (likely tied to softening construction and resource demand), but water treatment and surface pumping showed encouraging growth. Short-term head...

4 months ago - Seeking Alpha

Franklin Electric: Improving Growth Prospects With Favourable Valuation (Rating Upgrade)

Franklin Electric Co., Inc. has strong revenue growth prospects ahead, with improving sales expected in the second half of the year. The company's margin should benefit from operating leverage and cos...

4 months ago - Seeking Alpha

Franklin Electric Co., Inc. (FELE) Q2 2024 Earnings Call Transcript

Franklin Electric Co., Inc. (NASDAQ:FELE) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jeff Taylor - Chief Financial Officer Gregg Sengstack - Executive Chairperson ...

4 months ago - Seeking Alpha

Franklin Electric Reports Second Quarter 2024 Results

Second Quarter 2024 Highlights Consolidated net sales of $543.3 million, a decrease of 5% to the prior year, with lower sales across all three segments Operating income was $79.1 million with operatin...

4 months ago - GlobeNewsWire

The Highest Quality Dividend Growth Stocks In 2024

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of divid...

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4 months ago - Seeking Alpha

Franklin Electric Schedules Its Second Quarter 2024 Earnings Release and Conference Call

FORT WAYNE, Ind., July 09, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2024 earnings at 8:00 am ET on Tuesday, July 23, 2024. A conference call ...

4 months ago - GlobeNewsWire

Irrigation Pumps Market Demand and Analysis of Present and Future Growth | 2024 – 2030 | Exactitude Consultancy

North America continues to lead the irrigation pump market, holding a substantial 38% share. This regional dominance is attributed to vast expanses of farmland, advanced agricultural practices, and hi...

5 months ago - GlobeNewsWire

Franklin Electric Appoints Joe Ruzynski as CEO; Gregg Sengstack Remains Executive Chairperson

FORT WAYNE, Ind., May 14, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in water and energy systems, announced today that its Board of Directors has appointed Jo...

6 months ago - GlobeNewsWire

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...

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7 months ago - Market Watch

Franklin Electric Co., Inc. (FELE) Q1 2024 Earnings Call Transcript

Start Time: 09:00 January 1, 0000 9:36 AM ET Franklin Electric Co., Inc. (NASDAQ:FELE) Q1 2024 Earnings Conference Call April 30, 2024, 09:00 AM ET Company Participants Gregg Sengstack - Chairperson ...

7 months ago - Seeking Alpha

Franklin Electric Reports First Quarter 2024 Results

First Quarter 2024 Highlights Consolidated net sales of $460.9 million, a decrease of 5% to the prior year Distribution net sales increased 3%, while Water Systems and Fueling Systems net sales decrea...

7 months ago - GlobeNewsWire

10 Dividend Growth Stocks: April 2024

10 Dividend Growth Stocks: April 2024

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7 months ago - Seeking Alpha

Franklin Electric Schedules Its First Quarter 2024 Earnings Release and Conference Call

FORT WAYNE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2024 earnings at 8:00 am ET on Tuesday, April 30, 2024. A conference call...

7 months ago - GlobeNewsWire

Franklin Electric Co., Inc. (FELE) Q4 2023 Earnings Call Transcript

Franklin Electric Co., Inc. (FELE) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Franklin Electric Reports Fourth Quarter 2023 and Full Year 2023 Results

Fourth Quarter 2023 Highlights Consolidated net sales of $473.0 million, a decrease of 3% to the prior year Water Systems and Distribution net sales decreased by 1% each, while Fueling Systems net sal...

10 months ago - GlobeNewsWire

Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

FORT WAYNE, Ind., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2023 earnings at 8:00 am ET on Tuesday, February 13, 2024...

10 months ago - GlobeNewsWire

9 Upcoming Dividend Increases

The article provides a list of upcoming dividend increases from companies with a consistent dividend growth history.

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10 months ago - Seeking Alpha

Franklin Electric Increases Quarterly Dividend by 11% to $0.25 Per Share

FORT WAYNE, Ind., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable...

10 months ago - GlobeNewsWire

Franklin Electric Acquires U.S. Groundwater Distribution Company

FORT WAYNE, Ind., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that on December 31, 2023, its wholly owned subsidiary Headwater Companies, LLC acquired ...

11 months ago - GlobeNewsWire

Franklin Water Treatment Acquires Assets of Action Manufacturing & Supply, Inc.

FORT WAYNE, Ind., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its wholly owned subsidiary, Franklin Water Treatment, LLC, has acquired the assets ...

1 year ago - GlobeNewsWire