Franklin Electric (NASDAQ:FELE) Releases FY 2025 Earnings Guidance

Franklin Electric (NASDAQ:FELE) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.050-4.250 for the period, compared to the consensus estimate of 4.290. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analyst Weigh In

Separately, Robert W. Baird dropped their price objective on shares of Franklin Electric from $107.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th.

Franklin Electric Trading Up 6.0 %

FELE opened at $106.01 on Wednesday. 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 business’s 50 day moving average is $99.39 and its two-hundred day moving average is $101.54. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00.

Franklin Electric (NASDAQ:FELE) last announced its earnings results on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Franklin Electric had a net margin of 9.22% and a return on equity of 15.03%. On average, research analysts predict that Franklin Electric will post 3.82 EPS for the current year.

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 $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.00%. This is a boost from Franklin Electric’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, February 6th. Franklin Electric’s dividend payout ratio is presently 26.84%.

About Franklin Electric

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.