NYSE:BEN Franklin Resources Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Franklin Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $20.35 +0.31 (+1.55 %) (As of 09/30/2020 03:59 PM ET) Add Compare Share Today's Range$20.09Now: $20.35▼$20.5450-Day Range$19.27MA: $21.03▼$22.6752-Week Range$14.91Now: $20.35▼$29.27Volume112,573 shsAverage Volume4.45 million shsMarket Capitalization$10.08 billionP/E Ratio9.88Dividend Yield5.28%Beta1.22 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.Read More Beat the Market (BTM) Rank™ 1.8 Analyst's Opinion Consensus RatingFranklin Resources has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on no buy ratings, 9 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.77, Franklin Resources has a forecasted upside of 7.1% from its current price of $20.33.Amount of Analyst CoverageFranklin Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.4 Community Rank Outperform VotesFranklin Resources has received 435 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFranklin Resources has received 1,130 “underperform” votes. (Add your “underperform” vote.)Community SentimentFranklin Resources has received 72.20% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Franklin Resources and other stocks. Vote “Outperform” if you believe BEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BEN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipFranklin Resources is a leading dividend payer. It pays a dividend yield of 5.28%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFranklin Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Franklin Resources is 42.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Franklin Resources will have a dividend payout ratio of 49.09% next year. This indicates that Franklin Resources will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Franklin Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,011.00 in company stock.Percentage Held by InsidersOnly 24.70% of the stock of Franklin Resources is held by insiders.Percentage Held by Institutions48.55% of the stock of Franklin Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Franklin Resources are expected to decrease by -15.71% in the coming year, from $2.61 to $2.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Franklin Resources is 9.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Franklin Resources is 9.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Book Value per Share RatioFranklin Resources has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.8Community Rank: 1.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.88 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:BEN Previous Symbol CUSIP35461310 CIK38777 Webwww.franklinresources.com Phone650-312-2000Debt Debt-to-Equity Ratio0.13 Current Ratio4.20 Quick Ratio4.20Price-To-Earnings Trailing P/E Ratio9.88 Forward P/E Ratio7.80 P/E GrowthN/A Sales & Book Value Annual Sales$5.77 billion Price / Sales1.75 Cash Flow$3.01 per share Price / Cash Flow6.77 Book Value$21.09 per share Price / Book0.96Profitability EPS (Most Recent Fiscal Year)$2.52 Net Income$1.20 billion Net Margins19.04% Return on Equity12.39% Return on Assets8.95%Miscellaneous Employees9,600 Outstanding Shares495,357,000Market Cap$10.08 billion Next Earnings Date10/23/2020 (Estimated) OptionableOptionable $20.35 +0.31 (+1.55 %) (As of 09/30/2020 03:59 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive BEN News and Ratings via Email Sign-up to receive the latest news and ratings for BEN and its competitors with MarketBeat's FREE daily newsletter. Franklin Resources (NYSE:BEN) Frequently Asked Questions How has Franklin Resources' stock price been impacted by COVID-19? Franklin Resources' stock was trading at $18.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BEN shares have increased by 8.2% and is now trading at $20.35. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Franklin Resources? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 6 sell ratings and 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Franklin Resources. When is Franklin Resources' next earnings date? Franklin Resources is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020. View our earnings forecast for Franklin Resources. How were Franklin Resources' earnings last quarter? Franklin Resources, Inc. (NYSE:BEN) issued its earnings results on Tuesday, July, 28th. The closed-end fund reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.15. The closed-end fund earned $1.19 billion during the quarter, compared to analyst estimates of $1.10 billion. Franklin Resources had a return on equity of 12.39% and a net margin of 19.04%. Franklin Resources's revenue for the quarter was down 19.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 earnings per share. View Franklin Resources' earnings history. How often does Franklin Resources pay dividends? What is the dividend yield for Franklin Resources? Franklin Resources announced a quarterly dividend on Friday, August 28th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.27 per share on Thursday, October 15th. This represents a $1.08 annualized dividend and a dividend yield of 5.31%. The ex-dividend date is Tuesday, September 29th. View Franklin Resources' dividend history. What price target have analysts set for BEN? 15 analysts have issued twelve-month price targets for Franklin Resources' stock. Their forecasts range from $16.00 to $28.00. On average, they expect Franklin Resources' stock price to reach $21.77 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View analysts' price targets for Franklin Resources. Who are some of Franklin Resources' key competitors? Some companies that are related to Franklin Resources include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Golub Capital BDC (GBDC) and Main Street Capital (MAIN). View all competitors. What other stocks do shareholders of Franklin Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Resources investors own include AbbVie (ABBV), AT&T (T), Exxon Mobil (XOM), Johnson & Johnson (JNJ), 3M (MMM), Coca-Cola (KO), Pfizer (PFE), Verizon Communications (VZ), Walgreens Boots Alliance (WBA) and Chevron (CVX). Who are Franklin Resources' key executives? Franklin Resources' management team includes the following people: Mr. Gregory Eugene Johnson CPA, Chairman & CEO (Age 58)Ms. Jennifer M. Johnson, Pres & COO (Age 55)Mr. Kenneth Allan Lewis, Exec. VP & CFO (Age 58)Mr. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 59)Mr. Jed Andrew Plafker J.D., Sr. VP (Age 48) What is Franklin Resources' stock symbol? Franklin Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEN." How do I buy shares of Franklin Resources? Shares of BEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Franklin Resources' stock price today? One share of BEN stock can currently be purchased for approximately $20.35. How big of a company is Franklin Resources? Franklin Resources has a market capitalization of $10.08 billion and generates $5.77 billion in revenue each year. The closed-end fund earns $1.20 billion in net income (profit) each year or $2.52 on an earnings per share basis. Franklin Resources employs 9,600 workers across the globe. What is Franklin Resources' official website? The official website for Franklin Resources is www.franklinresources.com. How can I contact Franklin Resources? Franklin Resources' mailing address is ONE FRANKLIN PARKWAY, SAN MATEO CA, 94403. The closed-end fund can be reached via phone at 650-312-2000 or via email at [email protected] This page was last updated on 9/30/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
