Franklin Financial Services Corp. (NASDAQ:FRAF – Get Free Report) announced a quarterly dividend on Thursday, October 15th. Stockholders of record on Friday, November 6th will be given a dividend of $0.34 per share on Wednesday, November 25th. This represents a $1.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, November 6th.
Franklin Financial Services Stock Down 2.4%
Franklin Financial Services stock opened at $70.68 on Wednesday. Franklin Financial Services has a 1-year low of $45.15 and a 1-year high of $73.68. The firm has a market capitalization of $318.06 million, a price-to-earnings ratio of 11.42 and a beta of -0.04. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.09. The firm has a 50 day simple moving average of $63.75 and a 200 day simple moving average of $58.29.
Franklin Financial Services (NASDAQ:FRAF – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.44. Franklin Financial Services had a return on equity of 15.52% and a net margin of 20.43%. The firm had revenue of $25.63 million during the quarter, compared to analyst estimates of $24.90 million.
Analyst Ratings Changes
FRAF has been the topic of several analyst reports. Hovde Group upped their price target on Franklin Financial Services from $64.00 to $68.00 and gave the company a “market perform” rating in a research report on Thursday, July 30th. Wall Street Zen downgraded shares of Franklin Financial Services from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Finally, Weiss Ratings upgraded shares of Franklin Financial Services from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.00.
View Our Latest Stock Analysis on Franklin Financial Services
Franklin Financial Services Company Profile
Franklin Financial Services Corporation is a bank holding company headquartered in Chambersburg, Pennsylvania. Its principal subsidiary, F&M Trust, is a community bank that serves individuals, families, businesses and nonprofit organizations through banking offices and digital channels.
F&M Trust offers a range of financial products and services, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, consumer loans, commercial real estate and business loans, treasury management and online banking.
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