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

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$32.72 +0.38 (+1.18 %)
(As of 08/20/2018 06:27 AM ET)
Previous Close$32.34
Today's Range$32.23 - $32.87
52-Week Range$31.28 - $45.96
Volume3.43 million shs
Average Volume3.39 million shs
Market Capitalization$16.91 billion
P/E Ratio10.87
Dividend Yield2.86%
Beta1.56
Franklin Resources logoFranklin 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 Ratio10.87
Forward P/E Ratio10.42
P/E Growth1.59

Sales & Book Value

Annual Sales$6.39 billion
Price / Sales2.70
Cash Flow$3.3977 per share
Price / Cash9.63
Book Value$23.31 per share
Price / Book1.40

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$16.91 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 declared a quarterly dividend on Tuesday, June 12th. Shareholders of record on Friday, June 29th will be given a dividend of $0.23 per share on Friday, July 13th. This represents a $0.92 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Thursday, June 28th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its Board of Directors has initiated a share repurchase program on Thursday, April 12th 2018, which permits the company to repurchase 80,000,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) announced its quarterly earnings results on Friday, July, 27th. The closed-end fund reported $0.75 EPS for the quarter, hitting analysts' consensus estimates of $0.75. The closed-end fund had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.57 billion. Franklin Resources had a net margin of 10.72% and a return on equity of 15.40%. The business's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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.

What price target have analysts set for BEN?

10 brokerages have issued 12-month target prices for Franklin Resources' stock. Their forecasts range from $30.00 to $48.00. On average, they anticipate Franklin Resources' share price to reach $36.90 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Price Targets for Franklin Resources.

What is the consensus analysts' recommendation for Franklin Resources?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 3 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Resources.

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)

Has Franklin Resources been receiving favorable news coverage?

News articles about BEN stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Franklin Resources earned a news impact score of 0.13 on Accern's scale. They also gave news stories about the closed-end fund an impact score of 47.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Franklin Resources.

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.67%), Massachusetts Financial Services Co. MA (2.03%), Pzena Investment Management LLC (2.00%), Diamond Hill Capital Management Inc. (0.74%), Schroder Investment Management Group (0.72%) and Bank of New York Mellon Corp (0.65%). 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 major investors are selling Franklin Resources stock?

BEN stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, FMR LLC, Los Angeles Capital Management & Equity Research Inc., Fenimore Asset Management Inc., Millennium Management LLC, BNP Paribas Arbitrage SA, Bridgewater Associates LP and First Trust Advisors LP. Company insiders that have sold Franklin Resources company stock in the last year include Gregory E Johnson, Jed A Plafker and Rupert H Johnson Jr. View Insider Buying and Selling for Franklin Resources.

Which major investors are buying Franklin Resources stock?

BEN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Schroder Investment Management Group, Renaissance Technologies LLC, Van ECK Associates Corp, MUFG Securities EMEA plc, Hutchinson Capital Management CA, Foundation Resource Management Inc. and American Century Companies Inc.. 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 $32.72.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $16.91 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.

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:  359 (Vote Outperform)
Underperform Votes:  951 (Vote Underperform)
Total Votes:  1,310
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 8/20/2018 by MarketBeat.com Staff

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