Franklin Financial Services Corp. (FRAF) To Go Ex-Dividend on November 6th

Franklin Financial Services Corp. (NASDAQ:FRAF) declared 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 is Friday, November 6th.

Franklin Financial Services Price Performance

Shares of NASDAQ:FRAF opened at $70.68 on Wednesday. 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 debt-to-equity ratio of 1.09, a current ratio of 0.93 and a quick ratio of 0.93. Franklin Financial Services has a one year low of $45.15 and a one year high of $73.68. The company’s fifty day moving average price is $63.75 and its 200-day moving average price is $58.29.

Franklin Financial Services (NASDAQ:FRAF) last issued its earnings results on Tuesday, October 27th. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.44. The firm had revenue of $25.63 million for the quarter, compared to analysts’ expectations of $24.90 million. Franklin Financial Services had a net margin of 20.43% and a return on equity of 15.52%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Hovde Group raised their price objective 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 lowered shares of Franklin Financial Services from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Weiss Ratings raised shares of Franklin Financial Services from a “buy (b)” rating to a “buy (b+)” rating in a report on Wednesday, October 21st. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.00.

About Franklin Financial Services

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.