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.

Wall Street Analyst Weigh In

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

Franklin Electric Price Performance

Franklin Electric stock opened at $95.38 on Friday. Franklin Electric has a one year low of $89.54 and a one year high of $115.82. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.10 and a current ratio of 2.33. The business has a fifty day moving average of $98.42 and a two-hundred day moving average of $100.18. The company has a market cap of $4.21 billion, a P/E ratio of 21.43, a price-to-earnings-growth ratio of 1.71 and a beta of 1.03.

Franklin Electric (NASDAQ:FELE) last posted 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 net margin of 8.83% and a return on equity of 15.45%. The business had revenue of $633.62 million for the quarter, compared to analysts’ expectations of $617.19 million. During the same period in the prior year, the company posted $1.30 EPS. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. As a group, analysts predict that Franklin Electric will post 4.72 earnings per share for the current fiscal year.

Franklin Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 5th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, November 5th. Franklin Electric’s dividend payout ratio is presently 25.17%.

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.