Franklin Electric (FELE) Expected to Announce Quarterly Earnings on Tuesday

Franklin Electric (NASDAQ:FELE) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect Franklin Electric to post earnings of $0.73 per share and revenue of $471.21 million for the quarter. Franklin Electric has set its FY 2025 guidance at 4.050-4.250 EPS.

Franklin Electric (NASDAQ:FELE) last posted its quarterly earnings data on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. Franklin Electric had a return on equity of 14.46% and a net margin of 8.92%. The firm had revenue of $485.75 million during the quarter, compared to analyst estimates of $465.87 million. On average, analysts expect Franklin Electric to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Franklin Electric Trading Down 2.4 %

NASDAQ FELE opened at $84.56 on Tuesday. The stock has a market capitalization of $3.87 billion, a P/E ratio of 21.96, a P/E/G ratio of 2.11 and a beta of 1.02. The business has a 50 day simple moving average of $96.38 and a 200 day simple moving average of $100.16. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.22 and a quick ratio of 1.06. Franklin Electric has a one year low of $82.69 and a one year high of $111.94.

Franklin Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were paid a $0.265 dividend. The ex-dividend date was Thursday, February 6th. This represents a $1.06 annualized dividend and a dividend yield of 1.25%. This is a positive change from Franklin Electric’s previous quarterly dividend of $0.25. Franklin Electric’s payout ratio is currently 27.53%.

Insider Buying and Selling

In other news, insider Delancey W. Davis sold 961 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $103.14, for a total transaction of $99,117.54. Following the transaction, the insider now owns 7,701 shares of the company’s stock, valued at $794,281.14. This represents a 11.09 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.72% of the stock is owned by insiders.

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.