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

$27.37
+0.36 (+1.33 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$26.85
Now: $27.37
$27.69
50-Day Range
$27.18
MA: $33.25
$35.60
52-Week Range
$26.85
Now: $27.37
$35.82
Volume2.27 million shs
Average Volume3.72 million shs
Market Capitalization$13.79 billion
P/E Ratio8.58
Dividend Yield3.85%
Beta1.17
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$6.32 billion
Cash Flow$3.6396 per share
Book Value$20.98 per share

Profitability

Net Income$764.40 million

Miscellaneous

Employees9,700
Market Cap$13.79 billion
Next Earnings Date10/24/2019 (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 announced a quarterly dividend on Wednesday, June 12th. Investors of record on Friday, June 28th will be paid a dividend of $0.26 per share on Friday, July 12th. This represents a $1.04 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Thursday, June 27th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources announced that its Board of Directors has authorized a stock repurchase program on Thursday, April 12th 2018, which allows the company to buyback 80,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's management believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) released its quarterly earnings data on Tuesday, July, 30th. The closed-end fund reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by $0.15. The closed-end fund had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.48 billion. Franklin Resources had a net margin of 23.80% and a return on equity of 13.43%. The company's quarterly revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 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 Thursday, October 24th 2019. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

11 analysts have issued 1-year price targets for Franklin Resources' shares. Their predictions range from $23.00 to $37.00. On average, they anticipate Franklin Resources' stock price to reach $30.5627 in the next year. This suggests a possible upside of 11.7% 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 7 sell ratings and 4 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 articles about BEN stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Franklin Resources earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the closed-end fund a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Franklin Resources.

Are investors shorting Franklin Resources?

Franklin Resources saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 30,827,300 shares, an increase of 8.7% from the June 30th total of 28,350,400 shares. Based on an average trading volume of 2,860,000 shares, the days-to-cover ratio is presently 10.8 days. Approximately 11.0% of the company's shares are short sold. View Franklin Resources' Current Options Chain.

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), Walmart (WMT), Exxon Mobil (XOM), Johnson & Johnson (JNJ), The Coca-Cola (KO), Chevron (CVX), 3M (MMM), QUALCOMM (QCOM) and AT&T (T).

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 Vanguard Group Inc. (7.45%), BlackRock Inc. (4.55%), Price T Rowe Associates Inc. MD (4.01%), Kiltearn Partners LLP (1.25%), APG Asset Management N.V. (1.19%) and Bank of New York Mellon Corp (0.95%). 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 institutional investors are selling Franklin Resources stock?

BEN stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Price T Rowe Associates Inc. MD, Kiltearn Partners LLP, Quest Capital Management Inc. ADV, Bank of New York Mellon Corp, California Public Employees Retirement System, Pictet Asset Management Ltd. and Pictet Asset Management Ltd.. Company insiders that have sold Franklin Resources company stock in the last year include Craig Steven Tyle, 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., APG Asset Management N.V., Nuveen Asset Management LLC, First Trust Advisors LP, Janus Henderson Group PLC, Janus Henderson Group PLC, Schroder Investment Management Group and Robeco Institutional Asset Management B.V.. 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 $27.37.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $13.79 billion and generates $6.32 billion in revenue each year. The closed-end fund earns $764.40 million in net income (profit) each year or $3.19 on an earnings per share basis. Franklin Resources employs 9,700 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:  401 (Vote Outperform)
Underperform Votes:  1,048 (Vote Underperform)
Total Votes:  1,449
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 8/17/2019 by MarketBeat.com Staff

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