NYSE:BEN - Franklin Resources Stock Price, Price Target & More

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$32.90 -0.04 (-0.12 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$32.94
Today's Range$32.85 - $33.26
52-Week Range$31.67 - $47.65
Volume5.97 million shs
Average Volume3.50 million shs
Market Capitalization$17.96 billion
P/E Ratio11.05
Dividend Yield2.77%
Beta1.59
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

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

Debt

Debt-to-Equity Ratio0.10
Current Ratio2.46
Quick Ratio2.46

Price-To-Earnings

Trailing P/E Ratio11.05
Forward P/E Ratio10.41
P/E Growth1.46

Sales & Book Value

Annual Sales$6.39 billion
Price / Sales2.78
Cash Flow$3.2966 per share
Price / Cash9.98
Book Value$23.31 per share
Price / Book1.41

Profitability

EPS (Most Recent Fiscal Year)$3.01
Net Income$1.70 billion
Net Margins10.76%
Return on Equity14.66%
Return on Assets9.97%

Miscellaneous

Employees9,400
Outstanding Shares540,210,000

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, June 12th. Investors of record on Friday, June 29th will be paid a dividend of $0.23 per share on Friday, July 13th. This represents a $0.92 annualized dividend and a yield of 2.80%. 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 has authorized a stock buyback plan on Thursday, April 12th 2018, which permits the company to buyback 80,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) posted its quarterly earnings data on Thursday, April, 26th. The closed-end fund reported $0.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.03. The closed-end fund had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.58 billion. Franklin Resources had a return on equity of 14.66% and a net margin of 10.76%. The firm's revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.74 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, July, 26th 2018. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

10 brokers have issued 1-year target prices for Franklin Resources' shares. Their predictions range from $32.00 to $48.00. On average, they anticipate Franklin Resources' share price to reach $39.50 in the next year. 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. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 58)
  • Mr. Alok Sethi, Exec. VP of Technology & Operations (Age 57)

Has Franklin Resources been receiving favorable news coverage?

News headlines about BEN stock have trended positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Franklin Resources earned a coverage optimism score of 0.33 on Accern's scale. They also assigned news headlines about the closed-end fund an impact score of 46.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.60%), Massachusetts Financial Services Co. MA (3.16%), Pzena Investment Management LLC (1.97%), Kiltearn Partners LLP (1.35%), Northern Trust Corp (0.77%) and Diamond Hill Capital Management Inc. (0.74%). 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 Hsbc Holdings PLC, Massachusetts Financial Services Co. MA, Millennium Management LLC, Wells Fargo & Company MN, Nuveen Asset Management LLC, Sei Investments Co., Eaton Vance Management and Natixis. Company insiders that have sold Franklin Resources company stock in the last year include Gregory E Johnson, Jed A Plafker, Kenneth A Lewis 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 BlackRock Inc., Schroder Investment Management Group, JPMorgan Chase & Co., Kiltearn Partners LLP, BNP Paribas Arbitrage SA, Polaris Capital Management LLC, Van ECK Associates Corp and Alpine Woods Capital Investors LLC. 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 $32.90.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $17.96 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 (BEN)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  916 (Vote Underperform)
Total Votes:  1,246
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 6/22/2018 by MarketBeat.com Staff

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