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Franklin Resources (BEN) Stock Price, News & Analysis

$23.09
-0.55 (-2.33%)
(As of 07/26/2024 ET)
Today's Range
$22.97
$24.10
50-Day Range
$21.83
$23.97
52-Week Range
$21.57
$30.32
Volume
6.47 million shs
Average Volume
3.67 million shs
Market Capitalization
$12.15 billion
P/E Ratio
13.19
Dividend Yield
5.37%
Price Target
$25.15

Franklin Resources MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.63 Rating Score
Upside/​Downside
8.9% Upside
$25.15 Price Target
Short Interest
Bearish
6.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.51mentions of Franklin Resources in the last 14 days
Based on 18 Articles This Week
Insider Trading
Acquiring Shares
$4.56 M Bought Last Quarter
Proj. Earnings Growth
11.52%
From $2.43 to $2.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Finance Sector

97th out of 898 stocks

Investment Advice Industry

7th out of 49 stocks

BEN stock logo

About Franklin Resources Stock (NYSE:BEN)

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 Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.

BEN Stock Price History

BEN Stock News Headlines

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Safe Space? 3 Dividend Aristocrats With 5% Yield
Income is fundamental to investing success, and few income streams are as safe and reliable as dividends from the Dividend Aristocrats. The Dividend Aristocrats are S&P 500 companies with a track record of at least 25 consecutive annual dividend increases, and many qualify as Kings.
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Safe Space? 3 Dividend Aristocrats With 5% Yield  (BEN)
These Dividend Artistocrats pay more than 5% yield and are set up for a multi-year upswing in their stock prices because of falling interest rates.
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Franklin Resources, Inc. Announces Third Quarter Results
Franklin Resources Q3 Results Top Estimates
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Franklin Resources (BEN) Set to Announce Earnings on Friday
J.P. Morgan Keeps Their Hold Rating on Franklin Resources (BEN)
Franklin Resources, Inc. (FRK.DE)
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/26/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
CUSIP
35461310
Employees
9,200
Year Founded
1947

Price Target and Rating

Average Stock Price Target
$25.15
High Stock Price Target
$30.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+9.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.63
Research Coverage
8 Analysts

Profitability

Net Income
$882.80 million
Pretax Margin
17.16%

Debt

Sales & Book Value

Annual Sales
$7.85 billion
Cash Flow
$3.69 per share
Book Value
$25.15 per share

Miscellaneous

Free Float
399,145,000
Market Cap
$12.14 billion
Optionable
Optionable
Beta
1.43

Social Links

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Key Executives

  • Mr. Gregory Eugene Johnson CPA (Age 63)
    Executive Chairman of the Board
    Comp: $1.83M
  • Ms. Jennifer M. JohnsonMs. Jennifer M. Johnson (Age 60)
    President, CEO & Director
    Comp: $4.61M
  • Mr. Rupert Harris Johnson Jr. (Age 84)
    Vice Chairman
  • Mr. Matthew Nicholls (Age 51)
    Executive VP, CFO & COO
    Comp: $3.7M
  • Mr. Adam Benjamin Spector (Age 56)
    Executive VP & Head of Global Distribution
    Comp: $4.14M
  • Mr. Terrence James Murphy (Age 55)
    Executive VP & Head of Public Markets
    Comp: $15.15M
  • Mr. Avinash Deepak Satwalekar CFA
    President of India
  • Ms. Lindsey Harumi Oshita (Age 41)
    Senior VP & Chief Accounting Officer
  • Ms. Selene Oh
    Head of Investor Relations
  • Mr. Thomas Clifton Merchant (Age 56)
    Executive VP, General Counsel & Secretary

BEN Stock Analysis - Frequently Asked Questions

How have BEN shares performed this year?

Franklin Resources' stock was trading at $29.79 at the beginning of the year. Since then, BEN shares have decreased by 22.5% and is now trading at $23.09.
View the best growth stocks for 2024 here
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) issued its quarterly earnings results on Monday, April, 29th. The closed-end fund reported $0.56 EPS for the quarter, missing the consensus estimate of $0.57 by $0.01. Franklin Resources's revenue for the quarter was up 11.7% compared to the same quarter last year.
Read the conference call transcript
.

What is Gregory E. Johnson's approval rating as Franklin Resources' CEO?

486 employees have rated Franklin Resources Chief Executive Officer Gregory E. Johnson on Glassdoor.com. Gregory E. Johnson has an approval rating of 84% among the company's employees.

Does Franklin Resources have any subsidiaries?

Franklin Resources subsidiaries include AdvisorEngine, Athena Capital Advisors, Benefit Street Partners, Random Forest Capital, Edinburgh Partners, K2 Advisors, Balanced Equity Management, and others.

Who are Franklin Resources' major shareholders?

Top institutional investors of Franklin Resources include Bank of New York Mellon Corp (0.73%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Sound Income Strategies LLC (0.09%) and Mather Group LLC. (0.09%). Insiders that own company stock include Charles B Johnson, Franklin Resources Inc, Jennifer M Johnson, Jed A Plafker, Alok Sethi, Mariann H Byerwalter and Gwen L Shaneyfelt.
View institutional ownership trends
.

How do I buy shares of Franklin Resources?

Shares of BEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Franklin Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Resources investors own include AbbVie (ABBV), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Coca-Cola (KO), Pfizer (PFE) and 3M (MMM).

This page (NYSE:BEN) was last updated on 7/27/2024 by MarketBeat.com Staff

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