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

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$35.52 +0.07 (+0.20 %)
(As of 04/24/2019 12:25 PM ET)
Previous Close$35.45
Today's Range$35.20 - $35.79
52-Week Range$27.34 - $35.82
Volume94,915 shs
Average Volume2.80 million shs
Market Capitalization$18.10 billion
P/E Ratio11.14
Dividend Yield2.97%
Beta1.18
Franklin Resources, Inc. offers banking products and services. It offers demand deposits and interest and non-interest bearing time and savings deposits. The bank's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. It offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. The bank offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The bank offers domestic and foreign commercial and industrial loans. It offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2013, it has an asset value of 15.8 million USD. It has generated a net income of 2.2 million USD in December 31, 2013. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California.

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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$3.6098 per share
Book Value$19.37 per share

Profitability

Net Income$764.40 million

Miscellaneous

Employees9,700
Market Cap$18.10 billion
Next Earnings Date4/26/2019 (Confirmed)
OptionableOptionable

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 Wednesday, February 13th. Investors of record on Friday, March 29th will be given a dividend of $0.26 per share on Friday, April 12th. This represents a $1.04 annualized dividend and a yield of 2.93%. The ex-dividend date is Thursday, March 28th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources announced that its board has initiated a share 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. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) issued its earnings results on Wednesday, January, 30th. The closed-end fund reported $0.54 EPS for the quarter, missing the consensus estimate of $0.64 by $0.10. The closed-end fund earned $1.41 billion during the quarter, compared to the consensus estimate of $1.44 billion. Franklin Resources had a return on equity of 15.01% and a net margin of 26.55%. The firm's revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 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 Friday, April 26th 2019. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

12 Wall Street analysts have issued twelve-month price objectives for Franklin Resources' stock. Their forecasts range from $23.00 to $35.00. On average, they anticipate Franklin Resources' stock price to reach $29.9325 in the next twelve months. This suggests that the stock has a possible downside of 15.7%. View Analyst Price Targets for Franklin Resources.

What is the consensus analysts' recommendation for Franklin Resources?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 6 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Resources.

Has Franklin Resources been receiving favorable news coverage?

Media coverage about BEN stock has trended somewhat negative on Wednesday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Franklin Resources earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the closed-end fund a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the immediate future.

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 General Electric (GE), Procter & Gamble (PG), Exxon Mobil (XOM), QUALCOMM (QCOM), The Coca-Cola (KO), 3M (MMM), AT&T (T), Walmart (WMT), Johnson & Johnson (JNJ) and Colgate-Palmolive (CL).

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 number of of institutional and retail investors. Top institutional investors include Investec Asset Management LTD (0.10%), Foundation Resource Management Inc. (0.10%), CWM LLC (0.09%), Denali Advisors LLC (0.08%), Denali Advisors LLC (0.08%) and Schaper Benz & Wise Investment Counsel Inc. WI (0.05%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, Jed A Plafker, 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 DNB Asset Management AS, Denali Advisors LLC, Foundation Resource Management Inc., Denali Advisors LLC, Carroll Financial Associates Inc., First Manhattan Co., TIAA FSB and Trust Department MB Financial Bank N A. 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 Investec Asset Management LTD, CWM LLC, Cypress Wealth Services LLC, Kwmg LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Mercer Global Advisors Inc. ADV and Strs Ohio. 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 $35.52.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $18.10 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.

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:  389 (Vote Outperform)
Underperform Votes:  1,024 (Vote Underperform)
Total Votes:  1,413
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 4/24/2019 by MarketBeat.com Staff

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