Franklin Electric (NASDAQ:FELE - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Tuesday, February 11th. Analysts expect Franklin Electric to post earnings of $0.67 per share and revenue of $465.87 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Franklin Electric Trading Up 1.0 %
Shares of NASDAQ FELE traded up $1.04 during midday trading on Wednesday, hitting $100.82. The stock had a trading volume of 25,391 shares, compared to its average volume of 176,028. The company has a market capitalization of $4.61 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 1.96 and a beta of 1.00. Franklin Electric has a 1-year low of $91.67 and a 1-year high of $111.94. The company has a quick ratio of 1.06, a current ratio of 2.40 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average price of $100.64 and a 200 day moving average price of $101.75.
Franklin Electric Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be issued a dividend of $0.265 per share. The ex-dividend date is Thursday, February 6th. This is an increase from Franklin Electric's previous quarterly dividend of $0.25. This represents a $1.06 annualized dividend and a yield of 1.05%. Franklin Electric's payout ratio is currently 25.32%.
Analyst Ratings Changes
Separately, Robert W. Baird decreased their price target on Franklin Electric from $107.00 to $105.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th.
Check Out Our Latest Stock Report 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.
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