Franklin Electric Co., Inc. (FELE)
Market Cap | 4.21B |
Revenue (ttm) | 2.08B |
Net Income (ttm) | 194.30M |
Shares Out | 46.13M |
EPS (ttm) | 4.13 |
PE Ratio | 21.90 |
Forward PE | 20.81 |
Dividend | $0.90 (0.99%) |
Ex-Dividend Date | Nov 1, 2023 |
Volume | 136,662 |
Open | 91.19 |
Previous Close | 91.16 |
Day's Range | 90.06 - 91.32 |
52-Week Range | 77.69 - 107.36 |
Beta | 0.94 |
Analysts | Hold |
Price Target | 89.33 (-1.25%) |
Earnings Date | Oct 24, 2023 |
About FELE
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. 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 applicatio... [Read more]
Financial Performance
In 2022, FELE's revenue was $2.04 billion, an increase of 22.98% compared to the previous year's $1.66 billion. Earnings were $187.33 million, an increase of 21.75%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for FELE stock is "Hold." The 12-month stock price forecast is $89.33, which is a decrease of -1.25% from the latest price.
News

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 ...

Franklin Electric Reports Third Quarter 2023 Results
Third Quarter 2023 Highlights Consolidated net sales of $538.4 million, a decrease of 2% to the prior year Water Systems sales increased by 1%, while Fueling Systems and Distribution's net sales decre...

Franklin Electric Declares Payment of Quarterly Cash Dividend
FORT WAYNE, Ind., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.225 per share payabl...

Franklin Electric Schedules its Third Quarter 2023 Earnings Release and Conference Call
FORT WAYNE, Ind., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2023 earnings at 8:00 am ET on Tuesday, October 24, 2023. A conference cal...

Franklin Electric Reports Record Second Quarter 2023 Results
Second Quarter 2023 Highlights Consolidated net sales of $569.1 million, a new all-time quarterly record, was an increase of 3% over the prior year Water Systems and Distribution sales increased by 4%...

Franklin Electric Schedules Its Second Quarter 2023 Earnings Release and Conference Call
FORT WAYNE, Ind., July 11, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2023 earnings at 8:00 am ET on Tuesday, July 25, 2023. A conference call ...

Franklin Electric Names Greg Levine, Vice President and President, Global Water
Levine succeeds Donald Kenney, who will be retiring at the end of July Levine succeeds Donald Kenney, who will be retiring at the end of July

Franklin Electric Reports Record First Quarter 2023 Results
First Quarter 2023 Highlights Sales of $484.6 million, an increase of 7% over the prior year, a first quarter record Record first quarter sales in all three segments; Water Systems increased 12%, Dist...

Franklin Electric Schedules Its First Quarter 2023 Earnings Release And Conference Call
FORT WAYNE, Ind., April 18, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2023 earnings at 8:00 am ET on Tuesday, May 2, 2023. A conference call to...

Newsweek Names Franklin Electric to List of America's Most Trustworthy Companies 2023
FORT WAYNE, Ind., April 03, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) has been named to Newsweek magazine's list of America's Most Trustworthy Companies 2023 – the Company's ...

Franklin Electric Announces an Increase in its Stock Repurchase Program
FORT WAYNE, Ind., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors approved a 1,000,000 share increase to its stock repurchase p...

Franklin Electric Reports Record Fourth Quarter 2022 and Full Year 2022 Results
Fourth Quarter 2022 Highlights

Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call
FORT WAYNE, Ind., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2022 earnings at 8:00 am ET on Tuesday, February 14, 2023...

Franklin Electric raises quarterly dividend, to boost implied yield above 1%
Franklin Electric Co. said Monday it will raise its quarterly dividend to 22.5 cents per share, that represents a 15.3% increase from the prior dividend of 19.5 cents a share. The new dividend will be...

Franklin Electric Declares Payment of Increased Quarterly Cash Dividend
FORT WAYNE, Ind., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.225 per share payabl...

Franklin Electric to Participate in Credit Suisse 10th Annual Global Industrials Conference
FORT WAYNE, Ind., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in the production and marketing of systems and components for the movement of water and ...

Franklin Electric Reports Record Third Quarter 2022 Results
Third Quarter 2022 Highlights

Franklin Electric Schedules Its Third Quarter 2022 Earnings Release and Conference Call
FORT WAYNE, Ind., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2022 earnings at 8:00 am ET on Tuesday, October 25, 2022. A conference cal...

Franklin Electric Releases 2022 Sustainability Report
The document highlights the Company's continued commitment to global Environmental, Social and Governance efforts. FORT WAYNE, Ind.

Franklin Electric Reports Record Second Quarter 2022 Results
Second Quarter 2022 Highlights

Franklin Electric Declares Payment of Quarterly Cash Dividend
FORT WAYNE, Ind., July 25, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.195 per share payabl...

Franklin Electric Schedules Its Second Quarter 2022 Earnings Release and Conference Call
FORT WAYNE, Ind., July 12, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2022 earnings at 8:00 am ET on Tuesday, July 26, 2022. A conference call ...

Franklin Electric Announces Chris Villavarayan Elected to be a Director of the Company
FORT WAYNE, Ind., May 06, 2022 (GLOBE NEWSWIRE) -- The board of directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Chris Villavarayan to be a director of the Company effective May 6, ...

Franklin Electric Reports Record First Quarter 2022 Results
First Quarter 2022 Highlights

Newsweek Magazine Names Franklin Electric to List of America's Most Responsible Companies 2022
FORT WAYNE, Ind., April 18, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) has been named to Newsweek's list of America's Most Responsible Companies 2022. This prestigious award i...