NYSE:BEN - Franklin Resources Stock Price, News, & Analysis

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$29.76 +0.60 (+2.06 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$29.16
Today's Range$29.00 - $29.91
52-Week Range$28.12 - $45.96
Volume3.25 million shs
Average Volume3.85 million shs
Market Capitalization$15.37 billion
P/E Ratio9.89
Dividend Yield3.15%
Beta1.49
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:BEN
CUSIP35461310
Phone650-312-2000

Debt

Debt-to-Equity Ratio0.07
Current Ratio3.37
Quick Ratio3.37

Price-To-Earnings

Trailing P/E Ratio9.89
Forward P/E Ratio9.48
P/E Growth1.58

Sales & Book Value

Annual Sales$6.39 billion
Price / Sales2.45
Cash Flow$3.4011 per share
Price / Cash8.75
Book Value$23.31 per share
Price / Book1.28

Profitability

EPS (Most Recent Fiscal Year)$3.01
Net Income$1.70 billion
Net Margins10.72%
Return on Equity15.40%
Return on Assets10.20%

Miscellaneous

Employees9,400
Outstanding Shares527,060,000
Market Cap$15.37 billion

Franklin Resources (NYSE:BEN) Frequently Asked Questions

What is Franklin Resources' stock symbol?

Franklin Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEN."

How often does Franklin Resources pay dividends? What is the dividend yield for Franklin Resources?

Franklin Resources announced a quarterly dividend on Tuesday, August 28th. Investors of record on Friday, September 28th will be given a dividend of $0.23 per share on Friday, October 12th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date is Thursday, September 27th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its Board of Directors has initiated a stock buyback plan on Thursday, April 12th 2018, which permits the company to buyback 80,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) released its quarterly earnings results on Friday, July, 27th. The closed-end fund reported $0.75 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.75. The closed-end fund earned $1.56 billion during the quarter, compared to the consensus estimate of $1.57 billion. Franklin Resources had a return on equity of 15.40% and a net margin of 10.72%. Franklin Resources's quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share. View Franklin Resources' Earnings History.

When is Franklin Resources' next earnings date?

Franklin Resources is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Franklin Resources.

How can I listen to Franklin Resources' earnings call?

Franklin Resources will be holding an earnings conference call on Thursday, October 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774078293.

What price target have analysts set for BEN?

11 Wall Street analysts have issued 1-year price objectives for Franklin Resources' shares. Their predictions range from $29.00 to $47.00. On average, they anticipate Franklin Resources' share price to reach $34.5455 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Franklin Resources.

What is the consensus analysts' recommendation for Franklin Resources?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 4 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Resources.

Are investors shorting Franklin Resources?

Franklin Resources saw a increase in short interest in September. As of September 14th, there was short interest totalling 17,635,010 shares, an increase of 20.8% from the August 31st total of 14,601,162 shares. Based on an average daily volume of 4,217,690 shares, the days-to-cover ratio is currently 4.2 days. Currently, 5.9% of the shares of the company are sold short. View Franklin Resources' Current Options Chain.

Who are some of Franklin Resources' key competitors?

Who are Franklin Resources' key executives?

Franklin Resources' management team includes the folowing people:
  • Mr. Gregory Eugene Johnson CPA, Chairman & CEO (Age 57)
  • Ms. Jennifer M. Johnson, Pres & COO (Age 54)
  • Mr. Kenneth Allan Lewis, Exec. VP, CFO & Principal Accounting Officer (Age 57)
  • Mr. Alok Sethi, Exec. VP of Technology & Operations (Age 57)
  • Mr. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 58)

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cornerstone Wealth Management LLC (0.09%), Denali Advisors LLC (0.09%), Bank of Montreal Can (0.08%), Fenimore Asset Management Inc. (0.08%), Schaper Benz & Wise Investment Counsel Inc. WI (0.05%) and Aperio Group LLC (0.05%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, Jed A Plafker, Jennifer M Johnson, Kenneth A Lewis and Rupert H Johnson Jr. View Institutional Ownership Trends for Franklin Resources.

Which institutional investors are selling Franklin Resources stock?

BEN stock was sold by a variety of institutional investors in the last quarter, including Winslow Asset Management Inc., Douglass Winthrop Advisors LLC, First Manhattan Co., Huntington National Bank, Andra AP fonden, GHP Investment Advisors Inc., Nisa Investment Advisors LLC and TIAA FSB. Company insiders that have sold Franklin Resources company stock in the last year include Craig Steven Tyle, Gregory E Johnson, Jed A Plafker and Rupert H Johnson Jr. View Insider Buying and Selling for Franklin Resources.

Which institutional investors are buying Franklin Resources stock?

BEN stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Denali Advisors LLC, Aperio Group LLC, Beacon Financial Group, Bank of Montreal Can, Uncommon Cents Investing LLC, First Hawaiian Bank and Saratoga Research & Investment Management. View Insider Buying and Selling for Franklin Resources.

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, Scottrade, Fidelity and Charles Schwab.

What is Franklin Resources' stock price today?

One share of BEN stock can currently be purchased for approximately $29.76.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $15.37 billion and generates $6.39 billion in revenue each year. The closed-end fund earns $1.70 billion in net income (profit) each year or $3.01 on an earnings per share basis. Franklin Resources employs 9,400 workers across the globe.

What is Franklin Resources' official website?

The official website for Franklin Resources is http://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]


MarketBeat Community Rating for Franklin Resources (NYSE BEN)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  373 (Vote Outperform)
Underperform Votes:  972 (Vote Underperform)
Total Votes:  1,345
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.
This page was last updated on 10/20/2018 by MarketBeat.com Staff

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