Key Points
- Insider sale: Director Kimberly Rzomp sold 1,500 shares on December 22 at an average price of $54.07 for $81,105, reducing her holding by 20.43% to 5,842 shares, as disclosed in an SEC filing.
- Franklin Financial reported $1.19 EPS and $23.22 million in quarterly revenue, with a market cap of $234.3 million and a trailing PE of 14.94; the stock’s one‑year range is $28.01–$59.95.
- The company pays a quarterly dividend of $0.33 ($1.32 annualized) for a 2.5% yield and a 37.7% payout ratio, and Weiss Ratings reaffirmed a Buy with the consensus rating currently "Buy."
Franklin Financial Services Corp. (NASDAQ:FRAF - Get Free Report) Director Kimberly Rzomp sold 1,500 shares of Franklin Financial Services stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $54.07, for a total transaction of $81,105.00. Following the completion of the transaction, the director owned 5,842 shares of the company's stock, valued at $315,876.94. This trade represents a 20.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Franklin Financial Services Stock Down 2.5%
NASDAQ FRAF opened at $52.30 on Wednesday. The stock's 50 day simple moving average is $49.90 and its 200 day simple moving average is $44.74. Franklin Financial Services Corp. has a one year low of $28.01 and a one year high of $59.95. The firm has a market cap of $234.30 million, a PE ratio of 14.94 and a beta of -0.10. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.91 and a quick ratio of 0.91.
Franklin Financial Services (NASDAQ:FRAF - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $1.19 earnings per share (EPS) for the quarter. The firm had revenue of $23.22 million during the quarter. Franklin Financial Services had a return on equity of 10.11% and a net margin of 12.34%.
Franklin Financial Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Friday, November 7th were given a dividend of $0.33 per share. The ex-dividend date was Friday, November 7th. This represents a $1.32 annualized dividend and a yield of 2.5%. Franklin Financial Services's dividend payout ratio is 37.71%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Franklin Financial Services in a research note on Friday, October 31st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy".
Check Out Our Latest Analysis on FRAF
Hedge Funds Weigh In On Franklin Financial Services
Several hedge funds have recently added to or reduced their stakes in FRAF. Police & Firemen s Retirement System of New Jersey acquired a new stake in Franklin Financial Services in the second quarter worth about $36,000. BNP Paribas Financial Markets lifted its position in Franklin Financial Services by 84.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 950 shares of the company's stock valued at $44,000 after purchasing an additional 434 shares during the period. Jones Financial Companies Lllp bought a new position in shares of Franklin Financial Services in the 3rd quarter valued at about $46,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Franklin Financial Services during the 2nd quarter worth approximately $79,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Franklin Financial Services during the second quarter worth approximately $100,000. 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.
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