Franklin Electric (NASDAQ:FELE) Issues FY 2026 Earnings Guidance

Franklin Electric (NASDAQ:FELE) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.620-4.820 for the period, compared to the consensus estimate of 4.660. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

Franklin Electric Price Performance

Shares of Franklin Electric stock traded up $1.69 on Friday, hitting $98.43. The company’s stock had a trading volume of 20,178 shares, compared to its average volume of 310,203. Franklin Electric has a 52-week low of $89.54 and a 52-week high of $115.82. The company has a quick ratio of 1.10, a current ratio of 2.33 and a debt-to-equity ratio of 0.30. The firm has a fifty day moving average price of $98.57 and a 200-day moving average price of $100.20. The company has a market capitalization of $4.35 billion, a P/E ratio of 21.99, a price-to-earnings-growth ratio of 1.71 and a beta of 1.03.

Franklin Electric (NASDAQ:FELE) last issued its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.10. Franklin Electric had a return on equity of 15.45% and a net margin of 8.83%. The company had revenue of $633.62 million for the quarter, compared to analyst estimates of $617.19 million. During the same quarter in the prior year, the company posted $1.30 EPS. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. On average, equities research analysts expect that Franklin Electric will post 4.70 earnings per share for the current fiscal year.

Franklin Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Thursday, November 5th will be paid a $0.28 dividend. The ex-dividend date is Thursday, November 5th. This represents a $1.12 annualized dividend and a dividend yield of 1.1%. Franklin Electric’s dividend payout ratio is 32.28%.

Wall Street Analyst Weigh In

FELE has been the subject of a number of recent analyst reports. Robert W. Baird set a $130.00 price objective on Franklin Electric in a report on Thursday. Weiss Ratings downgraded shares of Franklin Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. DA Davidson reiterated a “neutral” rating and issued a $105.00 target price on shares of Franklin Electric in a research report on Wednesday, September 9th. Finally, Wall Street Zen upgraded Franklin Electric from a “hold” rating to a “buy” rating in a research note on Sunday, October 25th. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $117.50.

About Franklin Electric

Franklin Electric Co, Inc (NASDAQ: FELE) designs, manufactures and distributes systems and components used to move, manage and control water and other fluids. The company serves residential, agricultural, commercial, industrial and municipal customers through products such as submersible pumps, motors, pumping systems, drives, controls, monitoring equipment and water-treatment solutions.

Its Water Systems business provides equipment for groundwater and surface-water applications, including well pumps, pressure systems, wastewater and dewatering products, and related controls and accessories.