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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
NYSE:BEN

Franklin Resources - BEN Stock Forecast, Price & News

$27.52
-0.33 (-1.18%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.31
$27.85
50-Day Range
$23.07
$27.94
52-Week Range
$22.61
$38.27
Volume
1.62 million shs
Average Volume
3.16 million shs
Market Capitalization
$13.71 billion
P/E Ratio
8.19
Dividend Yield
4.17%
Price Target
$26.38

Franklin Resources MarketRank™ Forecast

Analyst Rating
Hold
1.63 Rating Score
Upside/​Downside
4.2% Downside
$26.38 Price Target
Short Interest
Healthy
6.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.56
Upright™ Environmental Score
News Sentiment
0.50mentions of Franklin Resources in the last 14 days
Based on 18 Articles This Week
Insider Trading
Acquiring Shares
$30.47 M Bought Last Quarter
Proj. Earnings Growth
-14.48%
From $3.59 to $3.07 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Finance Sector

539th out of 885 stocks

Investment Advice Industry

33rd out of 48 stocks

BEN stock logo

About Franklin Resources (NYSE:BEN) Stock

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 Stock Performance

NYSE:BEN traded down $0.33 on Tuesday, reaching $27.52. The stock had a trading volume of 1,615,408 shares, compared to its average volume of 3,155,417. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.99 and a current ratio of 1.99. Franklin Resources has a 12-month low of $22.61 and a 12-month high of $38.27. The business's 50-day moving average price is $25.13 and its 200 day moving average price is $26.90. The stock has a market cap of $13.71 billion, a P/E ratio of 8.19, a price-to-earnings-growth ratio of 4.87 and a beta of 1.20.

Franklin Resources (NYSE:BEN - Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The closed-end fund reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.09. Franklin Resources had a return on equity of 17.37% and a net margin of 20.25%. The company had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.75 billion. During the same quarter in the previous year, the business earned $0.96 earnings per share. The firm's revenue for the quarter was down 6.5% on a year-over-year basis. As a group, equities analysts expect that Franklin Resources will post 3.59 earnings per share for the current year.

Franklin Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend was Wednesday, June 29th. Franklin Resources's dividend payout ratio is currently 34.52%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods downgraded Franklin Resources from a "market perform" rating to an "underperform" rating and lowered their price objective for the stock from $28.00 to $22.00 in a research report on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft lowered their price objective on Franklin Resources from $28.00 to $25.00 in a research report on Thursday, May 19th. UBS Group boosted their price objective on Franklin Resources from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Monday, August 1st. Morgan Stanley lowered their price objective on Franklin Resources from $27.00 to $21.00 and set an "underweight" rating for the company in a research report on Thursday, June 30th. Finally, BMO Capital Markets lowered their price target on Franklin Resources from $29.00 to $27.00 in a report on Wednesday, June 1st. Three research analysts have rated the stock with a sell rating and six have given a hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $26.38.

Insider Transactions at Franklin Resources

In other news, Director Mariann H. Byerwalter sold 3,135 shares of the company's stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of $23.37, for a total transaction of $73,264.95. Following the completion of the sale, the director now owns 11,523 shares in the company, valued at $269,292.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Franklin Resources Inc purchased 56,900 shares of the business's stock in a transaction dated Friday, July 1st. The stock was acquired at an average price of $4.45 per share, for a total transaction of $253,205.00. Following the completion of the purchase, the insider now directly owns 56,900 shares of the company's stock, valued at $253,205. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mariann H. Byerwalter sold 3,135 shares of the stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $23.37, for a total value of $73,264.95. Following the completion of the transaction, the director now owns 11,523 shares of the company's stock, valued at approximately $269,292.51. The disclosure for this sale can be found here. Insiders purchased 3,188,675 shares of company stock worth $30,466,952 over the last 90 days. 23.30% of the stock is currently owned by insiders.

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BEN Stock News Headlines

Brokerages Set Franklin Resources, Inc. (NYSE:BEN) PT at $26.38
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
3rd Massive Dollar Upheaval Has Started
Thanks to President Biden’s Executive Order 14067…I predict the 3rd Great Dollar Earthquake has started.
The Untold Truth Of Benjamin Franklin
Franklin Templeton Celebrates LGBTQ+ Inclusion
See More Headlines
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BEN Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
7/28/2022
Today
8/09/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/07/2022

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
35461310
Employees
10,300
Year Founded
1947

Price Target and Rating

Average Stock Price Forecast
$26.38
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
-4.2%
Consensus Rating
Hold
Rating Score (0-4)
1.63
Research Coverage
8 Analysts

Profitability

Net Income
$1.83 billion
Pretax Margin
25.99%

Debt

Sales & Book Value

Annual Sales
$8.43 billion
Cash Flow
$4.56 per share
Book Value
$23.49 per share

Miscellaneous

Free Float
382,240,000
Market Cap
$13.71 billion
Optionable
Optionable
Beta
1.20

Social Links


Key Executives














BEN Stock - Frequently Asked Questions

Should I buy or sell Franklin Resources stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last twelve months. There are currently 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BEN shares. 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 BEN analyst ratings
or view top-rated stocks.

What is Franklin Resources' stock price forecast for 2022?

8 Wall Street analysts have issued twelve-month price targets for Franklin Resources' stock. Their BEN share price forecasts range from $21.00 to $38.00. On average, they expect the company's share price to reach $26.38 in the next year. This suggests that the stock has a possible downside of 4.2%.
View analysts price targets for BEN
or view top-rated stocks among Wall Street analysts.

How has Franklin Resources' stock price performed in 2022?

Franklin Resources' stock was trading at $33.49 on January 1st, 2022. Since then, BEN shares have decreased by 17.8% and is now trading at $27.52.
View the best growth stocks for 2022 here
.

When is Franklin Resources' next earnings date?

Franklin Resources is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our BEN earnings forecast
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) released its quarterly earnings data on Thursday, July, 28th. The closed-end fund reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.09. The closed-end fund had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.75 billion. Franklin Resources had a trailing twelve-month return on equity of 17.37% and a net margin of 20.25%. The business's quarterly revenue was down 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.96 earnings per share.
Read the conference call transcript
.

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

Franklin Resources declared a quarterly dividend on Wednesday, June 8th. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.29 per share on Friday, July 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for BEN
.

Is Franklin Resources a good dividend stock?

Franklin Resources (NYSE:BEN) pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.17%. BEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BEN will have a dividend payout ratio of 37.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BEN.

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

486 employees have rated Franklin Resources Chief Executive Officer Gregory E. Johnson on Glassdoor.com. Gregory E. Johnson has an approval rating of 84% among the company's employees.

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), 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 a number of retail and institutional investors. Top institutional investors include ProShare Advisors LLC (1.28%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Victory Capital Management Inc. (0.24%), Wedge Capital Management L L P NC (0.23%), CWM LLC (0.15%) and Greenwich Wealth Management LLC (0.12%). Insiders that own company stock include Alok Sethi, Craig Steven Tyle, Franklin Resources Inc, Gwen L Shaneyfelt, Gwen L Shaneyfelt, Jed A Plafker, Jed A Plafker, Jennifer M Johnson and Mariann H Byerwalter.
View institutional ownership trends
.

How do I buy shares of Franklin Resources?

Shares of BEN stock 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 $27.52.

How much money does Franklin Resources make?

Franklin Resources (NYSE:BEN) has a market capitalization of $13.71 billion and generates $8.43 billion in revenue each year. The closed-end fund earns $1.83 billion in net income (profit) each year or $3.36 on an earnings per share basis.

How many employees does Franklin Resources have?

Franklin Resources employs 10,300 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.
Read More

When was Franklin Resources founded?

Franklin Resources was founded in 1947.

How can I contact Franklin Resources?

Franklin Resources' mailing address is ONE FRANKLIN PARKWAY, SAN MATEO CA, 94403. The official website for the company is www.franklinresources.com. The closed-end fund can be reached via phone at (650) 312-2000, via email at investorrelations@franklintempleton.com, or via fax at 650-312-3655.

This page (NYSE:BEN) was last updated on 8/10/2022 by MarketBeat.com Staff

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