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

Franklin Electric (NASDAQ:FELE) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 4.620-4.820 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

Several equities analysts recently commented on FELE shares. Robert W. Baird set a $130.00 target price on Franklin Electric in a research report on Thursday. Wall Street Zen raised shares of Franklin Electric from a “hold” rating to a “buy” rating in a research note on Sunday, October 25th. DA Davidson reaffirmed a “neutral” rating and set a $105.00 price target on shares of Franklin Electric in a research report on Wednesday, September 9th. Finally, Weiss Ratings cut Franklin Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $117.50.

Franklin Electric Price Performance

Shares of NASDAQ FELE traded down $0.07 during mid-day trading on Friday, hitting $96.67. 83,571 shares of the stock traded hands, compared to its average volume of 310,565. The firm has a 50 day simple moving average of $98.57 and a two-hundred day simple moving average of $100.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.33 and a quick ratio of 1.10. Franklin Electric has a twelve month low of $89.54 and a twelve month high of $115.82. The company has a market cap of $4.27 billion, a PE ratio of 21.73, 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.10. The firm had revenue of $633.62 million for the quarter, compared to the consensus estimate of $617.19 million. Franklin Electric had a net margin of 8.83% and a return on equity of 15.45%. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.30 EPS. As a group, equities research analysts forecast that Franklin Electric will post 4.70 EPS for the current fiscal year.

Franklin Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 5th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, November 5th. Franklin Electric’s dividend payout ratio (DPR) is 32.28%.

Franklin Electric Company Profile

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.