Franklin Electric (FELE) Projected to Post Quarterly Earnings on Tuesday

Posted by Defense World Staff on Feb 16th, 2025

Franklin Electric (NASDAQ:FELE – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Franklin Electric to post earnings of $0.69 per share and revenue of $465.87 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Franklin Electric Trading Down 0.9 %

NASDAQ FELE opened at $99.98 on Friday. The company has a quick ratio of 1.06, a current ratio of 2.40 and a debt-to-equity ratio of 0.01. Franklin Electric has a 52 week low of $91.67 and a 52 week high of $111.94. The firm has a market cap of $4.57 billion, a PE ratio of 25.31, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. The company has a 50 day moving average price of $99.54 and a 200 day moving average price of $101.59.

Franklin Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Franklin Electric’s previous quarterly dividend of $0.25. Franklin Electric’s payout ratio is 26.84%.

Analysts Set New Price Targets

Separately, Robert W. Baird lowered their price target on Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th.

Check Out Our Latest Stock Analysis on Franklin Electric

About Franklin Electric

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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.