Franklin Resources Stock Forecast, Price & News

$33.92
-0.87 (-2.50 %)
(As of 06/14/2021 04:57 PM ET)
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Today's Range
$33.88
$34.83
50-Day Range
$28.67
$35.74
52-Week Range
$17.97
$35.94
Volume1.99 million shs
Average Volume3.30 million shs
Market Capitalization$17.11 billion
P/E Ratio15.78
Dividend Yield3.22%
Beta1.24
30 days | 90 days | 365 days | Advanced Chart
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Franklin Resources logo

About Franklin Resources

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 Hyderabad, India.

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MarketRank

Overall MarketRank

2.08 out of 5 stars

Finance Sector

222nd out of 1,976 stocks

Investment Advice Industry

21st out of 70 stocks

Analyst Opinion: 0.9Community Rank: 1.4Dividend Strength: 4.2Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -
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Franklin Resources (NYSE:BEN) Frequently Asked Questions

Is Franklin Resources a buy right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last twelve months. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Franklin Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BEN, but not buy additional shares or sell existing shares.
View analyst ratings for Franklin Resources
or view top-rated stocks.

What stocks does MarketBeat like better than Franklin Resources?

Wall Street analysts have given Franklin Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Franklin Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Franklin Resources' next earnings date?

Franklin Resources is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Franklin Resources
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) announced its quarterly earnings data on Tuesday, May, 4th. The closed-end fund reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.05. The closed-end fund earned $2.08 billion during the quarter, compared to analysts' expectations of $2.03 billion. Franklin Resources had a net margin of 15.74% and a trailing twelve-month return on equity of 12.57%. The business's revenue for the quarter was up 58.4% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS.
View Franklin Resources' earnings history
.

How has Franklin Resources' stock price been impacted by COVID-19 (Coronavirus)?

Franklin Resources' stock was trading at $18.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BEN shares have increased by 80.4% and is now trading at $33.92.
View which stocks have been most impacted by COVID-19
.

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

Franklin Resources declared a quarterly dividend on Tuesday, June 8th. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.28 per share on Thursday, July 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Tuesday, June 29th.
View Franklin Resources' dividend history
.

Is Franklin Resources a good dividend stock?

Franklin Resources pays an annual dividend of $1.12 per share and currently has a dividend yield of 3.22%. Franklin Resources has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Franklin Resources is 42.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Franklin Resources will have a dividend payout ratio of 33.33% next year. This indicates that Franklin Resources will be able to sustain or increase its dividend.
View Franklin Resources' dividend history.

What price target have analysts set for BEN?

11 brokers have issued 12-month target prices for Franklin Resources' shares. Their forecasts range from $20.00 to $36.00. On average, they expect Franklin Resources' stock price to reach $25.89 in the next year. This suggests that the stock has a possible downside of 23.7%.
View analysts' price targets for Franklin Resources
or view top-rated stocks among Wall Street analysts.

Who are Franklin Resources' key executives?

Franklin Resources' management team includes the following people:
  • Mr. Gregory Eugene Johnson CPA, CPA, Exec. Chairman (Age 60, Pay $3.78M) (LinkedIn Profile)
  • Ms. Jennifer M. Johnson, Pres, CEO & Director (Age 57, Pay $4.68M)
  • Mr. Matthew Nicholls, Exec. VP & CFO (Age 48, Pay $3.38M)
  • Mr. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 61, Pay $1.57M)
  • Mr. Jed Andrew Plafker J.D., Exec. VP of Global Alliances & New Bus. Strategies (Age 49, Pay $2.14M)
  • Mr. Rupert Harris Johnson Jr., Vice Chairman (Age 81)
  • Ms. Gwen Louise Shaneyfelt, Chief Accounting Officer (Age 58)
  • Mr. Alok Sethi, Exec. VP of Technology & Operations (Age 60)
  • Ms. Lisa Gallegos, Sr. VP of Corp. Communications
  • Mr. Brian Sevilla, Director of Corp. Devel.

What is Gregory E. Johnson's approval rating as Franklin Resources' CEO?

486 employees have rated Franklin Resources CEO Gregory E. Johnson on Glassdoor.com. Gregory E. Johnson has an approval rating of 84% among Franklin Resources' employees.

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

What is Franklin Resources' stock symbol?

Franklin Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEN."

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (5.43%), Geode Capital Management LLC (0.94%), London Co. of Virginia (0.76%), Bank of New York Mellon Corp (0.72%), Price T Rowe Associates Inc. MD (0.70%) and Northern Trust Corp (0.68%). Company insiders that own Franklin Resources stock include Alok Sethi, Craig Steven Tyle, Gwen L Shaneyfelt, Jed A Plafker and Mariann H Byerwalter.
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 Price T Rowe Associates Inc. MD, Millennium Management LLC, Great West Life Assurance Co. Can, Morgan Stanley, Schroder Investment Management Group, New York State Common Retirement Fund, Cubist Systematic Strategies LLC, and Goldman Sachs Group Inc.. Company insiders that have sold Franklin Resources company stock in the last year include Alok Sethi, Gwen L Shaneyfelt, Jed A Plafker, and Mariann H Byerwalter.
View insider buying and selling activity for Franklin Resources
or view top insider-selling stocks.

Which institutional investors are buying Franklin Resources stock?

BEN stock was purchased by a variety of institutional investors in the last quarter, including Factorial Partners LLC, BlackRock Inc., Gillson Capital LP, UBS Group AG, Schonfeld Strategic Advisors LLC, JPMorgan Chase & Co., Advisory Research Inc., and Squarepoint Ops LLC.
View insider buying and selling activity for Franklin Resources
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Franklin Resources' stock price today?

One share of BEN stock can currently be purchased for approximately $33.92.

How much money does Franklin Resources make?

Franklin Resources has a market capitalization of $17.11 billion and generates $5.57 billion in revenue each year. The closed-end fund earns $798.90 million in net income (profit) each year or $2.61 on an earnings per share basis.

How many employees does Franklin Resources have?

Franklin Resources employs 11,100 workers across the globe.

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.

When was Franklin Resources founded?

Franklin Resources was founded in 1947.

What is Franklin Resources' official website?

The official website for Franklin Resources is www.franklinresources.com.

Where are Franklin Resources' headquarters?

Franklin Resources is headquartered at ONE FRANKLIN PARKWAY, SAN MATEO CA, 94403.

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]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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