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

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$33.09 +0.37 (+1.13 %)
(As of 08/21/2018 04:07 AM ET)
Previous Close$32.72
Today's Range$32.69 - $33.21
52-Week Range$31.28 - $45.96
Volume2.00 million shs
Average Volume3.39 million shs
Market Capitalization$16.91 billion
P/E Ratio10.99
Dividend Yield2.84%
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 Ratio10.99
Forward P/E Ratio10.54
P/E Growth1.59

Sales & Book Value

Annual Sales$6.39 billion
Price / Sales2.73
Cash Flow$3.4361 per share
Price / Cash9.63
Book Value$23.31 per share
Price / Book1.42

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. Investors 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 annualized dividend and a yield of 2.78%. 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 program on Thursday, April 12th 2018, which authorizes the company to repurchase 80,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs 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) issued its quarterly earnings results on Friday, July, 27th. The closed-end fund reported $0.75 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.75. The closed-end fund had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.57 billion. Franklin Resources had a net margin of 10.72% and a return on equity of 15.40%. The firm's revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 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, 25th 2018. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

10 brokerages have issued 1-year target prices for Franklin Resources' shares. Their predictions range from $30.00 to $48.00. On average, they anticipate Franklin Resources' stock price to reach $36.90 in the next year. This suggests a possible upside of 11.5% 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 stories about BEN stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Franklin Resources earned a coverage optimism score of 0.14 on Accern's scale. They also assigned headlines about the closed-end fund an impact score of 46.64 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock'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 institutional 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 institutional 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, WINTON GROUP Ltd, Hutchinson Capital Management CA and Foundation Resource Management 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 $33.09.

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:  952 (Vote Underperform)
Total Votes:  1,311
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 8/21/2018 by MarketBeat.com Staff

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