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

$27.77
+0.04 (+0.14 %)
(As of 11/19/2019 11:00 AM ET)
Today's Range
$27.76
Now: $27.77
$27.96
50-Day Range
$26.39
MA: $27.70
$29.03
52-Week Range
$25.57
Now: $27.77
$35.82
Volume17,983 shs
Average Volume3.49 million shs
Market Capitalization$13.83 billion
P/E Ratio11.02
Dividend Yield3.75%
Beta1.23
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.77 billion
Cash Flow$2.90 per share
Book Value$21.09 per share

Profitability

Net Income$1.20 billion

Miscellaneous

Employees9,600
Market Cap$13.83 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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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 Thursday, September 5th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.26 per share on Friday, October 11th. This represents a $1.04 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend is Friday, September 27th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its board has approved a stock buyback plan on Thursday, April 12th 2018, which allows the company to repurchase 80,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) announced its quarterly earnings results on Friday, October, 25th. The closed-end fund reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.03. The closed-end fund had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.46 billion. Franklin Resources had a return on equity of 12.28% and a net margin of 20.71%. The company's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period last year, the business posted $0.96 EPS. View Franklin Resources' Earnings History.

When is Franklin Resources' next earnings date?

Franklin Resources is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

10 equities research analysts have issued 1-year price objectives for Franklin Resources' shares. Their forecasts range from $16.00 to $37.00. On average, they anticipate Franklin Resources' stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 0.8% 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 7 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Franklin Resources.

Has Franklin Resources been receiving favorable news coverage?

News headlines about BEN stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Franklin Resources earned a daily sentiment score of 1.1 on InfoTrie's scale. They also gave press coverage about the closed-end fund a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Franklin Resources.

Who are some of Franklin Resources' key competitors?

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 Procter & Gamble (PG), General Electric (GE), The Coca-Cola (KO), 3M (MMM), Walmart (WMT), Johnson & Johnson (JNJ), AT&T (T), Exxon Mobil (XOM), PepsiCo (PEP) and Bank of America (BAC).

Who are Franklin Resources' key executives?

Franklin Resources' management team includes the folowing people:
  • Mr. Gregory Eugene Johnson CPA, Chairman & CEO (Age 58)
  • Ms. Jennifer M. Johnson, Pres & COO (Age 55)
  • Mr. Kenneth Allan Lewis, Exec. VP & CFO (Age 58)
  • Mr. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 59)
  • Mr. Jed Andrew Plafker J.D., Sr. VP (Age 48)

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.80%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Wedge Capital Management L L P NC (0.19%), Robeco Institutional Asset Management B.V. (0.17%), California Public Employees Retirement System (0.15%) and Great West Life Assurance Co. Can (0.14%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, Jed A Plafker 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 Anchor Capital Advisors LLC, Russell Investments Group Ltd., Envestnet Asset Management Inc., Robeco Institutional Asset Management B.V., Denali Advisors LLC, PGGM Investments, Chicago Equity Partners LLC and SG Americas Securities LLC. Company insiders that have sold Franklin Resources company stock in the last year include Craig Steven Tyle 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 First Trust Advisors LP, State of New Jersey Common Pension Fund D, Wedge Capital Management L L P NC, California Public Employees Retirement System, First Allied Advisory Services Inc., HGK Asset Management Inc., Sumitomo Mitsui DS Asset Management Company Ltd and Teacher Retirement System of Texas. 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, Robinhood, Fidelity and Charles Schwab.

What is Franklin Resources' stock price today?

One share of BEN stock can currently be purchased for approximately $27.79.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $13.84 billion and generates $5.77 billion in revenue each year. The closed-end fund earns $1.20 billion in net income (profit) each year or $2.52 on an earnings per share basis. Franklin Resources employs 9,600 workers across the globe.View Additional Information About Franklin Resources.

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:  409 (Vote Outperform)
Underperform Votes:  1,068 (Vote Underperform)
Total Votes:  1,477
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 11/19/2019 by MarketBeat.com Staff

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