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All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Franklin Resources Stock Price, News & Analysis (NYSE:BEN)

$25.63
+0.83 (+3.35%)
(As of 12/1/2023 ET)
Compare
Today's Range
$24.65
$25.64
50-Day Range
$22.24
$25.63
52-Week Range
$21.88
$34.37
Volume
3.18 million shs
Average Volume
3.17 million shs
Market Capitalization
$12.68 billion
P/E Ratio
14.90
Dividend Yield
4.68%
Price Target
$24.75

Franklin Resources MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.33 Rating Score
Upside/​Downside
3.4% Downside
$24.75 Price Target
Short Interest
Bearish
5.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.83mentions of Franklin Resources in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$144,324 Sold Last Quarter
Proj. Earnings Growth
16.24%
From $2.34 to $2.72 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Finance Sector

302nd out of 846 stocks

Investment Advice Industry

21st out of 46 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

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Spot Bitcoin ETF Hopes Lifted by SEC Move
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Q4 2023 Franklin Resources Inc Earnings Call
Franklin Resources Preliminary Q4 Net Income Rises
See More Headlines
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Company Calendar

Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Last Earnings
10/31/2023
Today
12/02/2023
Next Earnings (Estimated)
1/29/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$24.75
High Stock Price Target
$27.00
Low Stock Price Target
$21.00
Potential Upside/Downside
-3.4%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.33
Research Coverage
9 Analysts

Profitability

Net Income
$882.80 million
Pretax Margin
18.04%

Debt

Sales & Book Value

Annual Sales
$7.85 billion
Cash Flow
$3.79 per share
Book Value
$25.37 per share

Miscellaneous

Free Float
378,851,000
Market Cap
$12.68 billion
Optionable
Optionable
Beta
1.34

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Key Executives

  • Mr. Gregory Eugene Johnson CPA (Age 62)
    Executive Chairman of the Board
    Comp: $1.97M
  • Ms. Jennifer M. JohnsonMs. Jennifer M. Johnson (Age 59)
    President, CEO & Director
    Comp: $4.58M
  • Mr. Rupert Harris Johnson Jr. (Age 83)
    Vice Chairman
  • Mr. Matthew Nicholls (Age 50)
    Executive VP, CFO & COO
    Comp: $3.79M
  • Mr. Adam Benjamin Spector (Age 55)
    Executive VP & Head of Global Distribution
    Comp: $5.55M
  • Mr. Avinash Deepak Satwalekar CFA
    President of India
  • Ms. Gwen Louise ShaneyfeltMs. Gwen Louise Shaneyfelt (Age 60)
    Chief Accounting Officer
  • Ms. Selene Oh
    Head of Investor Relations
  • Mr. Thomas Clifton Merchant (Age 54)
    Executive VP, General Counsel & Secretary
  • Ms. Lisa Gallegos
    Senior Vice President of Corporate Communications














BEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Franklin Resources stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last twelve months. There are currently 6 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "strong sell" BEN shares.
View BEN analyst ratings
or view top-rated stocks.

What is Franklin Resources' stock price target for 2024?

9 brokers have issued 1 year price objectives for Franklin Resources' stock. Their BEN share price targets range from $21.00 to $27.00. On average, they expect the company's share price to reach $24.75 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for BEN
or view top-rated stocks among Wall Street analysts.

How have BEN shares performed in 2023?

Franklin Resources' stock was trading at $26.38 at the start of the year. Since then, BEN stock has decreased by 2.8% and is now trading at $25.63.
View the best growth stocks for 2023 here
.

Are investors shorting Franklin Resources?

Franklin Resources saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 15,300,000 shares, an increase of 6.1% from the October 15th total of 14,420,000 shares. Based on an average trading volume of 2,850,000 shares, the short-interest ratio is presently 5.4 days. Approximately 5.3% of the shares of the stock are short sold.
View Franklin Resources' Short Interest
.

When is Franklin Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our BEN earnings forecast
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) issued its quarterly earnings results on Tuesday, October, 31st. The closed-end fund reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.24. The closed-end fund earned $1.99 billion during the quarter, compared to the consensus estimate of $1.50 billion. Franklin Resources had a trailing twelve-month return on equity of 10.64% and a net margin of 11.25%. Franklin Resources's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $0.78 EPS.
Read the conference call transcript
.

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

Franklin Resources announced a quarterly dividend on Wednesday, September 6th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.30 per share on Friday, October 13th. This represents a $1.20 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for BEN
.

Is Franklin Resources a good dividend stock?

Franklin Resources (NYSE:BEN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.84%. BEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 43 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BEN will have a dividend payout ratio of 44.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BEN.

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.

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), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Coca-Cola (KO), Pfizer (PFE), 3M (MMM), Walgreens Boots Alliance (WBA), Chevron (CVX) and Verizon Communications (VZ).

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by a variety of institutional and retail investors. Top institutional investors include Clarkston Capital Partners LLC (1.39%), Invesco Ltd. (1.32%), Morgan Stanley (0.78%), Bank of New York Mellon Corp (0.63%), Northern Trust Corp (0.61%) and Royal Bank of Canada (0.53%). Insiders that own company stock include Alok Sethi, Franklin Resources Inc, Gwen L Shaneyfelt, Gwen L Shaneyfelt, Jed A Plafker, Jed A Plafker, Jennifer M Johnson and Mariann H Byerwalter.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Franklin Resources have any subsidiaries?
The following companies are subsidiares of Franklin Resources: AdvisorEngine, AdvisorEngine Inc., Alumcreek Holdings LLC, Athena Capital Advisors, Balanced Equity Management, Balanced Equity Management Pty. Limited, Benefit Street Partners, Bissett & Associates Investment Management, Brandywine Global Investment Management Europe Limited, CCPF GP Holdco No.2 Limited, CCPF No.2 (GP) Limited, CCPF No.2 LP, CP Industrial Management LLC, CP Intermediate Holdco Inc., CRM Software LLC, Clarion Gramercy (Deutschland) GmbH, Clarion Gramercy (UK) Limited, Clarion Gramercy Limited, Clarion Partners Europe Ltd., Clarion Partners Holdings LLC, Clarion Partners LLC, Clarion Partners Securities LLC, Clarion REIM South America Holdings LLC, Clarion REIM South America Invsetimentos Imobiliarios Ltda, ClearBridge RARE Infrastructure (North America) Pty Limited, ClearBridge RARE Infrastructure International Pty Limited, Darby - Hana Infrastructure Fund Management Co. Ltd., Edinburgh Partners, FT FinTech Holdings LLC, FT Opportunistic Distressed Fund Ltd., FTC Investor Services Inc., FTCI (Cayman) Ltd., FTPE Advisers LLC, Fiduciary International Holding Inc., Fiduciary Investment Management International Inc., Fiduciary Trust (International) Sàrl, Fiduciary Trust Company International, Fiduciary Trust Company International of Pennsylvania, Fiduciary Trust Company of Canada, Fiduciary Trust International LLC, Fiduciary Trust International of California, Fiduciary Trust International of Delaware, Fiduciary Trust International of the South, Franklin Advisers GP LLC, Franklin Advisers Inc., Franklin Advisory Services LLC, Franklin Marketplace Loan GP LLC, Franklin Mutual Advisers LLC, Franklin SystematiQ Advisers LLC, Franklin Templeton Alternative Investments (India) Private Limited, Franklin Templeton Asset Management (India) Private Limited, Franklin Templeton Asset Management (Malaysia) Sdn. Bhd., Franklin Templeton Asset Management Mexico S.A. de C.V. Sociedad Operadora de Fondos de Inversion, Franklin Templeton Austria GmbH, Franklin Templeton Capital Holdings Private Limited, Franklin Templeton Chile SpA. V., Franklin Templeton Companies LLC, Franklin Templeton Digital Advisory Services GmbH, Franklin Templeton Fund Management Limited, Franklin Templeton GSC Asset Management Sdn. Bhd., Franklin Templeton Global Investors Limited, Franklin Templeton Holding Limited, Franklin Templeton International Services (India) Private Limited, Franklin Templeton International Services S.à r.l., Franklin Templeton Investment Management (Shanghai) Limited, Franklin Templeton Investment Management Limited, Franklin Templeton Investment Services GmbH, Franklin Templeton Investment Services Mexico S. de R.L., Franklin Templeton Investment Trust Management Co. Ltd., Franklin Templeton Investments (Asia) Limited, Franklin Templeton Investments (ME) Limited, Franklin Templeton Investments Australia Limited, Franklin Templeton Investments Corp., Franklin Templeton Investments Japan Limited, Franklin Templeton Investments Poland sp. z o.o., Franklin Templeton Investments South Africa (Pty) Ltd, Franklin Templeton Investor Services LLC, Franklin Templeton Investímentos (Brasil) Ltda., Franklin Templeton Luxembourg S.A., Franklin Templeton Magyarorszag Kft., Franklin Templeton Management Luxembourg S.A., Franklin Templeton Overseas Investment Fund Management (Shanghai) Co. Limited, Franklin Templeton Private Equity LLC, Franklin Templeton Services (India) Private Limited, Franklin Templeton Services LLC, Franklin Templeton Servicios de Asesoria Mexico S. de R.L. de C.V., Franklin Templeton Slovakia s.r.o., Franklin Templeton Social Infrastructure GP S.à r.l., Franklin Templeton Strategic Investments Ltd., Franklin Templeton Switzerland Ltd., Franklin Templeton Trustee Services Private Limited, Franklin Templeton Turkey Advisory Services A.S., Franklin Templeton Uruguay S.A., Franklin Venture Partners (Talos Cayman GP) LLC, Franklin Venture Partners LLC, Franklin/Templeton Distributors Inc., ITI Capital Markets Limited, K2 Advisors, LM (BVI) Limited, LM Holdings 2 Limited, LM Holdings Limited, LM International Holding LP, Legg Mason & Co (UK) Limited, Legg Mason & Co. LLC, Legg Mason (Chile) Inversiones Holdings Limitada, Legg Mason Asset Management Australia Limited, Legg Mason Asset Management Hong Kong Limited, Legg Mason Asset Management Singapore Pte. Limited, Legg Mason Australia Holdings Pty Limited, Legg Mason Holding (Switzerland) GmbH, Legg Mason Inc., Legg Mason Investment Funds Limited, Legg Mason Investments (Europe) Limited, Legg Mason Investments (Switzerland) GmbH, Legg Mason Overseas Investment Fund Management (Shanghai) Co. Ltd., Legg Mason Partners Fund Advisor LLC, Legg Mason Royce Holdings LLC, Onsa Inc., RARE IP Trust, RARE Infrastructure Limited, REDROSE Caesar S.à r.l., Random Forest Capital, Random Forest Capital LLC, Rensburg Sheppards plc, Riva Financial Systems Limited, Royce & Associates GP LLC, Royce & Associates LP, Royce Fund Services LLC, Royce Management Company LLC, TSEMF III (Jersey) Limited, TSEMF IV (Jersey) Limited, Templeton Asset Management (Labuan) Limited, Templeton Asset Management (Poland) TFI S.A., Templeton Asset Management Ltd., Templeton Global Advisors Limited, Templeton Global Holdings Ltd., Templeton International Inc., Templeton Investment Counsel LLC, Templeton Restructured Investments III Ltd., Templeton Restructured Investments IV Ltd., Templeton Restructured Investments L.L.C., Templeton Turkey Fund GP Ltd., Templeton Worldwide Inc., Templeton do Brasil Ltda., Templeton/Franklin Investment Services Inc., WHITEROSE Caesar S.à r.l., Western Asset Holdings (Australia) Pty Ltd, Western Asset Management (Brazil) Holdings Limitada, Western Asset Management (Cayman) Holdings Limited, Western Asset Management Company Distribuidora de Titulos e Valores Mobiliarios Limitada, Western Asset Management Company LLC, Western Asset Management Company Limited, Western Asset Management Company Pte Ltd., Western Asset Management Company Pty Ltd, and Winfield & Company.
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This page (NYSE:BEN) was last updated on 12/2/2023 by MarketBeat.com Staff

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