NYSE:BEN

Franklin Resources Stock Forecast, Price & News

$30.05
-0.24 (-0.79 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$29.83
Now: $30.05
$30.60
50-Day Range
$25.62
MA: $28.91
$31.26
52-Week Range
$14.91
Now: $30.05
$31.32
Volume1.89 million shs
Average Volume3.58 million shs
Market Capitalization$15.19 billion
P/E Ratio18.78
Dividend Yield3.76%
Beta1.25
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.
Franklin Resources logo

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP35461310
Phone650-312-2000
Employees11,400
Year Founded1947

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.57 billion
Cash Flow$3.49 per share
Book Value$22.16 per share

Profitability

Net Income$798.90 million

Miscellaneous

Market Cap$15.19 billion
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

Headlines

Franklin Resources (NYSE:BEN) Shares Gap Down to $31.26
April 13, 2021 |  americanbankingnews.com
Is BEN Stock A Buy or Sell?
April 5, 2021 |  finance.yahoo.com
Franklin Templeton Sponsors LPGA Star Nelly Korda
March 31, 2021 |  finance.yahoo.com
Franklin Resources: Take A Wait And See Approach
March 16, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

2.03 out of 5 stars

Finance Sector

168th out of 1,953 stocks

Investment Advice Industry

15th out of 65 stocks

Analyst Opinion: 1.9Community Rank: 1.4Dividend Strength: 4.2Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
$30.05
-0.24 (-0.79 %)
(As of 04/16/2021 04:00 PM ET)
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Franklin Resources (NYSE:BEN) Frequently Asked Questions

Is Franklin Resources a buy right now?

12 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, 5 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Franklin Resources wasn't one of them. MarketBeat thinks these five stocks 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 Thursday, April 29th 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 Monday, February, 1st. The closed-end fund reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.01. The closed-end fund earned $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. Franklin Resources had a net margin of 14.15% and a trailing twelve-month return on equity of 12.15%. The business's revenue for the quarter was up 43.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 EPS.
View Franklin Resources' earnings history
.

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

Franklin Resources' stock was trading at $18.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BEN stock has increased by 59.8% and is now trading at $30.05.
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 announced a quarterly dividend on Tuesday, February 9th. Stockholders of record on Wednesday, March 31st will be given a dividend of $0.28 per share on Thursday, April 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Tuesday, March 30th.
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 3.76%. 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 35.44% 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?

12 brokerages have issued 12 month target prices for Franklin Resources' stock. Their forecasts range from $20.00 to $36.00. On average, they expect Franklin Resources' stock price to reach $24.73 in the next twelve months. This suggests that the stock has a possible downside of 17.7%.
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 institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.22%), CHURCHILL MANAGEMENT Corp (0.13%), Foundation Resource Management Inc. (0.09%), O Keefe Stevens Advisory Inc. (0.05%), RK Asset Management LLC (0.03%) and DnB Asset Management AS (0.02%). 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 Retirement Systems of Alabama, Indiana Trust & Investment Management CO, CHURCHILL MANAGEMENT Corp, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, Huntington National Bank, Pacer Advisors Inc., and Trust Co. of Vermont. 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 RK Asset Management LLC, Wedge Capital Management L L P NC, DnB Asset Management AS, Sound Income Strategies LLC, Brendel Financial Advisors LLC, Park National Corp OH, Summit Financial Group Inc., and Foundation Resource Management Inc..
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 $30.05.

How much money does Franklin Resources make?

Franklin Resources has a market capitalization of $15.19 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 11,400 workers across the globe.

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 4/18/2021 by MarketBeat.com Staff
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