Franklin Financial Services (NASDAQ:FRAF) Price Target Raised to $68.00

Posted by Geri Gentry on Aug 2nd, 2026

Franklin Financial Services (NASDAQ:FRAF – Free Report) had its price objective hoisted by Hovde Group from $64.00 to $68.00 in a research note released on Thursday morning, Marketbeat Ratings reports. Hovde Group currently has a market perform rating on the stock.

Other research analysts also recently issued reports about the company. Wall Street Zen downgraded Franklin Financial Services from a “buy” rating to a “hold” rating in a research note on Sunday, July 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Franklin Financial Services in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $68.00.

Get Our Latest Stock Report on Franklin Financial Services

Franklin Financial Services Price Performance

Shares of NASDAQ FRAF opened at $63.16 on Thursday. The firm’s 50-day moving average price is $61.30 and its 200-day moving average price is $55.62. Franklin Financial Services has a 1-year low of $38.52 and a 1-year high of $64.88. The firm has a market capitalization of $283.59 million, a P/E ratio of 11.50 and a beta of -0.02. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.12.

Franklin Financial Services (NASDAQ:FRAF – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.03. The company had revenue of $24.50 million for the quarter, compared to analysts’ expectations of $24.70 million. Franklin Financial Services had a net margin of 18.20% and a return on equity of 14.21%.

Franklin Financial Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Friday, August 7th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 7th. Franklin Financial Services’s dividend payout ratio (DPR) is 24.77%.

Insider Activity

In other news, EVP Steven D. Butz sold 1,400 shares of Franklin Financial Services stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $57.73, for a total transaction of $80,822.00. Following the completion of the transaction, the executive vice president directly owned 5,610 shares in the company, valued at $323,865.30. This trade represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.93% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Franklin Financial Services

Several large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Franklin Financial Services by 391,773.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 16,125,574 shares of the company’s stock valued at $809,504,000 after purchasing an additional 16,121,459 shares in the last quarter. Geode Capital Management LLC grew its holdings in Franklin Financial Services by 109.8% during the second quarter. Geode Capital Management LLC now owns 98,224 shares of the company’s stock worth $3,401,000 after buying an additional 51,407 shares in the last quarter. Marshall Wace LLP grew its holdings in Franklin Financial Services by 333.6% during the second quarter. Marshall Wace LLP now owns 45,468 shares of the company’s stock worth $1,575,000 after buying an additional 34,982 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Franklin Financial Services by 64.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 75,439 shares of the company’s stock valued at $3,853,000 after buying an additional 29,637 shares during the last quarter. Finally, Informed Momentum Co LLC purchased a new stake in Franklin Financial Services in the 4th quarter valued at $1,231,000. Institutional investors own 24.80% of the company’s stock.

Franklin Financial Services Company Profile

(Get Free Report)

Franklin Financial Services, Inc (NASDAQ: FRAF) is a U.S.‐listed specialty finance company that makes and acquires secured loans, with a focus on asset-based lending and mortgage warehouse financing. Through its wholly owned subsidiary, FFS Investment Company, a Maryland corporation regulated as a business development company under the Investment Company Act of 1940, Franklin Financial provides revolving lines of credit, term loans and other credit facilities secured primarily by residential and commercial mortgage loans, receivables and inventory.