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

$25.26
-0.42 (-1.64 %)
(As of 01/26/2020 09:18 AM ET)
Today's Range
$25.07
Now: $25.26
$25.74
50-Day Range
$25.02
MA: $25.85
$27.10
52-Week Range
$24.73
Now: $25.26
$35.82
Volume2.30 million shs
Average Volume2.88 million shs
Market Capitalization$12.61 billion
P/E Ratio10.75
Dividend Yield4.21%
Beta1.2
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$2.85 per share
Book Value$21.09 per share

Profitability

Net Income$1.20 billion

Miscellaneous

Employees9,600
Market Cap$12.61 billion
Next Earnings Date1/30/2020 (Confirmed)
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, December 12th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.27 per share on Friday, January 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from Franklin Resources's previous quarterly dividend of $0.26. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its Board of Directors has approved a share buyback plan on Thursday, April 12th 2018, which allows the company to buyback 80,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are generally 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) released its earnings results on Friday, October, 25th. The closed-end fund reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.64 by $0.03. The closed-end fund earned $1.45 billion during the quarter, compared to analyst estimates of $1.46 billion. Franklin Resources had a return on equity of 12.28% and a net margin of 20.71%. The firm's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.96 earnings per share. 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, January 30th 2020. View Earnings Estimates for Franklin Resources.

How can I listen to Franklin Resources' earnings call?

Franklin Resources will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for BEN?

11 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' share price to reach $27.70 in the next twelve months. This suggests a possible upside of 9.7% 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?

Media headlines about BEN stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Franklin Resources earned a news impact score of -4.5 on InfoTrie's scale. They also gave news articles about the closed-end fund a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Franklin Resources.

Are investors shorting Franklin Resources?

Franklin Resources saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 28,050,000 shares, an increase of 5.8% from the December 15th total of 26,510,000 shares. Based on an average daily trading volume, of 3,290,000 shares, the days-to-cover ratio is currently 8.5 days. Currently, 10.1% of the shares of the stock 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 Exxon Mobil (XOM), AbbVie (ABBV), AT&T (T), Walgreens Boots Alliance (WBA), Pfizer (PFE), Procter & Gamble (PG), Verizon Communications (VZ), Johnson & Johnson (JNJ), 3M (MMM) and Chevron (CVX).

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 many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.23%), Exchange Traded Concepts LLC (0.17%), Foundation Resource Management Inc. (0.08%), New York State Teachers Retirement System (0.07%), O Keefe Stevens Advisory Inc. (0.04%) and O Keefe Stevens Advisory Inc. (0.03%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, 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 Foundation Resource Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Strs Ohio, Zurcher Kantonalbank Zurich Cantonalbank , O Keefe Stevens Advisory Inc. and O Keefe Stevens Advisory Inc.. 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 Exchange Traded Concepts LLC, Wedge Capital Management L L P NC, Alpine Global Management LLC, Janney Montgomery Scott LLC, Commerzbank Aktiengesellschaft FI, Sumitomo Mitsui DS Asset Management Company Ltd, New England Research & Management Inc. and Uncommon Cents Investing LLC. 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 $25.26.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $12.61 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:  416 (Vote Outperform)
Underperform Votes:  1,084 (Vote Underperform)
Total Votes:  1,500
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 1/26/2020 by MarketBeat.com Staff

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