Franklin Resources Company Profile (NYSE:BEN)

About Franklin Resources (NYSE:BEN)

Franklin Resources logoFranklin Resources, Inc. is a holding company. The Company, along with its subsidiaries, operates as Franklin Templeton Investments. It is a global investment management company that provides investment management and related services to retail, institutional and high net-worth clients in jurisdictions around the world. The Company offers its investment products and services under the Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2 and LibertyShares brand names. Its products include investment funds and institutional, high net-worth and separately managed accounts (collectively, sponsored investment products (SIPs)). It offers various types of SIPs, such as the United States funds, cross-border funds, local/regional funds, and other managed accounts, alternative investment products and trusts. Its investment funds include the United States-registered funds, non-United States-registered funds and unregistered funds.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Management & Fund Operators
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:BEN
  • CUSIP: 35461310
  • Web: www.franklinresources.com
Capitalization:
  • Market Cap: $25.14 billion
  • Outstanding Shares: 557,701,000
Average Prices:
  • 50 Day Moving Avg: $43.59
  • 200 Day Moving Avg: $43.45
  • 52 Week Range: $33.02 - $47.65
P/E:
  • Trailing P/E Ratio: 14.67
  • Foreward P/E Ratio: 15.43
  • P/E Growth: -52.28
Sales & Book Value:
  • Annual Revenue: $6.39 billion
  • Price / Sales: 3.93
  • Book Value: $22.22 per share
  • Price / Book: 2.03
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 1.8%
Profitability:
  • EBITDA: $2.31 billion
  • Net Margins: 27.30%
  • Return on Equity: 13.96%
  • Return on Assets: 10.41%
Debt:
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 9.20%
  • Quick Ratio: 9.20%
Misc:
  • Average Volume: 2.04 million shs.
  • Beta: 1.72
  • Short Ratio: 4.83
 

Frequently Asked Questions for Franklin Resources (NYSE:BEN)

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, August 23rd. Stockholders of record on Friday, September 29th will be given a dividend of $0.20 per share on Friday, October 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Thursday, September 28th. View Franklin Resources' Dividend History.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) posted its quarterly earnings data on Friday, July, 28th. The company reported $0.73 earnings per share for the quarter, hitting the consensus estimate of $0.73. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.62 billion. Franklin Resources had a net margin of 27.30% and a return on equity of 13.96%. The business's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.77 EPS. View Franklin Resources' Earnings History.

When will Franklin Resources make its next earnings announcement?

Franklin Resources is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Franklin Resources.

Where is Franklin Resources' stock going? Where will Franklin Resources' stock price be in 2017?

10 brokers have issued 12 month target prices for Franklin Resources' shares. Their forecasts range from $37.00 to $50.00. On average, they expect Franklin Resources' share price to reach $43.67 in the next year. 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:

  • Gregory E. Johnson, Chairman of the Board, Chief Executive Officer
  • Jennifer M. Johnson, President, Chief Operating Officer
  • Rupert H. Johnson Jr., Vice Chairman of the Board
  • Kenneth A. Lewis, Chief Financial Officer, Executive Vice President
  • Craig Steven Tyle, Executive Vice President, General Counsel
  • Charles E. Johnson CPA, Director
  • Peter K. Barker, Independent Director
  • Mariann H. Byerwalter, Independent Director
  • Mark C. Pigott, Independent Director
  • Chutta Ratnathicam, Independent Director

Who owns Franklin Resources stock?

Franklin Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (0.70%), APG Asset Management N.V. (0.70%), PGGM Investments (0.16%), Robeco Institutional Asset Management B.V. (0.05%), Denali Advisors LLC (0.04%) and State Treasurer State of Michigan (0.02%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, Jennifer M Johnson, Kenneth A Lewis and Rupert H Johnson Jr. View Institutional Ownership Trends for Franklin Resources.

Who sold Franklin Resources stock? Who is selling Franklin Resources stock?

Franklin Resources' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Denali Advisors LLC and LS Investment Advisors LLC. Company insiders that have sold Franklin Resources stock in the last year include Gregory E Johnson, Jennifer M Johnson, Kenneth A Lewis and Rupert H Johnson Jr. View Insider Buying and Selling for Franklin Resources.

Who bought Franklin Resources stock? Who is buying Franklin Resources stock?

Franklin Resources' stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Diamond Hill Capital Management Inc., PGGM Investments, Shell Asset Management Co., Robeco Institutional Asset Management B.V., Alpha Windward LLC, Beacon Financial Group and Profit Investment Management LLC. View Insider Buying and Selling for Franklin Resources.

How do I buy Franklin Resources stock?

Shares of Franklin Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Franklin Resources' stock price today?

One share of Franklin Resources stock can currently be purchased for approximately $45.07.


MarketBeat Community Rating for Franklin Resources (NYSE BEN)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  839 (Vote Underperform)
Total Votes:  1,131
MarketBeat's community ratings are surveys of what our community members think about Franklin Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Franklin Resources (NYSE:BEN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $43.67 (3.11% downside)
Consensus Price Target History for Franklin Resources (NYSE:BEN)
Price Target History for Franklin Resources (NYSE:BEN)
Analysts' Ratings History for Franklin Resources (NYSE:BEN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Keefe, Bruyette & WoodsReiterated RatingHold$47.00N/AView Rating Details
9/8/2017Barclays PLCInitiated CoverageUnderweight -> Underweight$40.00LowView Rating Details
7/24/2017Wells Fargo & CompanyDowngradeOutperform -> Market Perform$50.00LowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingHold$44.00LowView Rating Details
7/10/2017Morgan StanleyReiterated RatingUnderweight$39.00 -> $40.00LowView Rating Details
7/4/2017Deutsche Bank AGBoost Price TargetHold$41.00 -> $42.00LowView Rating Details
6/9/2017Citigroup Inc.Reiterated RatingNeutral -> Neutral$42.00 -> $43.00LowView Rating Details
4/7/2017Credit Suisse GroupReiterated RatingSell$37.00LowView Rating Details
3/16/2017Bank of America CorporationUpgradeNeutral -> Buy$50.00MediumView Rating Details
1/12/2017J P Morgan Chase & CoReiterated RatingNeutralN/AView Rating Details
2/4/2016Piper Jaffray CompaniesReiterated RatingHold$43.00 -> $40.00N/AView Rating Details
2/4/2016Goldman Sachs Group, Inc. (The)Lower Price TargetSell$34.00 -> $32.00N/AView Rating Details
2/4/2016Royal Bank Of CanadaLower Price TargetSector Perform$43.00 -> $38.00N/AView Rating Details
1/7/2016Susquehanna Bancshares IncLower Price TargetNeutral$47.00 -> $40.00N/AView Rating Details
1/7/2016Sanford C. BernsteinLower Price Target$41.00 -> $40.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Franklin Resources (NYSE:BEN)
Earnings by Quarter for Franklin Resources (NYSE:BEN)
Earnings History by Quarter for Franklin Resources (NYSE BEN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.71N/AView Earnings Details
7/28/2017Q3 17$0.73$0.73$1.62 billion$1.61 billionViewN/AView Earnings Details
4/28/2017Q2 17$0.67$0.74$1.57 billion$1.60 billionViewN/AView Earnings Details
1/27/2017Q117$0.68$0.77$1.58 billion$1.56 billionViewN/AView Earnings Details
10/26/2016Q416$0.69$0.82$1.63 billion$1.61 billionViewListenView Earnings Details
7/28/2016Q316$0.67$0.77$1.63 billion$1.63 billionViewListenView Earnings Details
4/27/2016Q216$0.64$0.61$1.66 billion$1.61 billionViewListenView Earnings Details
2/3/2016Q116$0.75$0.74$1.77 billion$1.76 billionViewN/AView Earnings Details
10/22/2015Q415$0.78$0.59$1.93 billion$1.87 billionViewListenView Earnings Details
7/29/2015Q315$0.88$0.82$2.05 billion$2.00 billionViewListenView Earnings Details
4/29/2015Q215$0.85$0.98$2.05 billion$2.01 billionViewN/AView Earnings Details
1/30/2015Q115$0.93$0.91$2.12 billion$2.06 billionViewN/AView Earnings Details
10/27/2014Q414$0.92$1.02$2.17 billion$2.16 billionViewListenView Earnings Details
7/30/2014Q314$0.96$0.92$2.17 billion$2.13 billionViewListenView Earnings Details
4/28/2014Q214$0.89$0.89$2.11 billion$2.10 billionViewListenView Earnings Details
1/30/2014Q114$0.93$0.96$2.10 billion$2.11 billionViewListenView Earnings Details
10/24/2013Q413$0.86$0.80$2.08 billion$1.99 billionViewListenView Earnings Details
7/29/2013Q3 2013$0.85$0.86$2.06 million$2.08 millionViewListenView Earnings Details
4/30/2013Q2 2013$2.49$2.69$1.99 billion$2.01 billionViewListenView Earnings Details
2/1/2013Q1 2013$2.37$2.42$1.90 billion$1.90 billionViewListenView Earnings Details
10/25/2012$2.28$2.31ViewN/AView Earnings Details
7/30/2012$2.08$2.12ViewN/AView Earnings Details
5/2/2012$2.23$2.32ViewN/AView Earnings Details
2/1/2012$2.09$2.20ViewN/AView Earnings Details
10/27/2011$2.07$1.88ViewN/AView Earnings Details
8/2/2011$2.16$2.26ViewN/AView Earnings Details
4/28/2011$2.01$2.25ViewN/AView Earnings Details
1/27/2011$1.91$2.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Franklin Resources (NYSE:BEN)
2017 EPS Consensus Estimate: $2.83
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.69$0.69$0.69
Q2 20171$0.68$0.68$0.68
Q3 20171$0.73$0.73$0.73
Q4 20171$0.73$0.73$0.73
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Franklin Resources (NYSE:BEN)
Most Recent Dividend:10/13/2017
Annual Dividend:$0.80
Dividend Yield:1.78%
Dividend Growth:34.90% (3 Year Average)
Payout Ratio:26.14% (Trailing 12 Months of Earnings)
27.03% (Based on This Year's Estimates)
27.40% (Based on Next Year's Estimates)
Track Record:35 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Franklin Resources (NYSE:BEN)

Dividend History by Quarter for Franklin Resources (NYSE BEN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/23/2017quarterly$0.201.89%9/28/20179/29/201710/13/2017
6/14/2017quarterly$0.201.8%6/28/20176/30/20177/14/2017
2/15/2017quarterly$0.201.89%3/29/20173/31/20174/13/2017
12/14/2016quarterly$0.202.04%12/28/201612/30/20161/13/2017
9/6/2016quarterly$0.181.97%9/28/20169/30/201610/14/2016
6/14/2016quarterly$0.182.18%6/28/20166/30/20167/15/2016
2/17/2016quarterly$0.182.11%3/29/20163/31/20164/15/2016
12/15/2015quarterly$0.181.99%12/24/201512/29/20151/13/2016
9/16/2015quarterly$0.151.52%9/28/20159/30/201510/15/2015
6/16/2015quarterly$0.151.18%6/26/20156/30/20157/15/2015
3/11/2015quarterly$0.151.13%3/27/20153/31/20154/15/2015
12/3/2014special$0.501.04%12/29/201412/31/20141/9/2015
9/17/2014quarterly$0.120.85%9/26/20149/30/201410/10/2014
6/18/2014quarterly$0.120.83%6/26/20146/30/20147/11/2014
3/12/2014quarterly$0.120.93%3/27/20143/31/20144/11/2014
12/10/2013quarterly$0.120.89%12/27/201312/31/20131/10/2014
9/12/2013quarterly$0.100.82%9/26/20139/30/201310/11/2013
6/13/2013quarterly$0.290.79%6/20/20136/24/20137/8/2013
3/13/2013quarterly$0.290.77%3/26/20133/28/20134/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Franklin Resources (NYSE:BEN)
Insider Ownership Percentage: 21.60%
Institutional Ownership Percentage: 44.95%
Insider Trades by Quarter for Franklin Resources (NYSE:BEN)
Institutional Ownership by Quarter for Franklin Resources (NYSE:BEN)
Insider Trades by Quarter for Franklin Resources (NYSE:BEN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/22/2017Kenneth A LewisCFOSell17,141$44.51$762,945.91View SEC Filing  
3/16/2017Jennifer M JohnsonInsiderSell16,835$43.90$739,056.50View SEC Filing  
2/27/2017Gregory E JohnsonChairmanSell25,000$43.18$1,079,500.00View SEC Filing  
12/16/2016Kenneth A. LewisCFOSell1,866$39.25$73,240.50View SEC Filing  
12/8/2016Kenneth A. LewisCFOSell4,230$41.96$177,490.80View SEC Filing  
11/1/2016Rupert H Johnson JrVice ChairmanSell300,000$33.65$10,095,000.00View SEC Filing  
8/25/2016Jennifer M JohnsonInsiderSell15,892$35.99$571,953.08View SEC Filing  
8/24/2016Craig Steven TyleEVPSell5,000$36.18$180,900.00View SEC Filing  
12/22/2015Jennifer M JohnsonInsiderBuy210$35.75$7,507.50View SEC Filing  
8/26/2015Jennifer M. JohnsonCOOSell13,000$39.49$513,370.00View SEC Filing  
5/19/2015John M LuskEVPSell15,000$51.63$774,450.00View SEC Filing  
2/3/2015Kenneth A LewisCFOSell3,000$53.05$159,150.00View SEC Filing  
12/10/2014Gregory E JohnsonCEOSell25,000$56.96$1,424,000.00View SEC Filing  
9/3/2014Gregory E JohnsonCEOSell50,000$56.77$2,838,500.00View SEC Filing  
8/20/2014John M LuskEVPSell14,704$55.74$819,600.96View SEC Filing  
6/20/2014William Young YunEVPSell25,000$57.84$1,446,000.00View SEC Filing  
12/20/2013Kenneth LewisCFOSell9,300$56.68$527,124.00View SEC Filing  
12/6/2013Charles Johnsonmajor shareholderSell300,000$54.65$16,395,000.00View SEC Filing  
12/4/2013Gregory JohnsonCEOSell29,950$54.63$1,636,168.50View SEC Filing  
10/28/2013Gregory E JohnsonCEOSell120,000$54.39$6,526,800.00View SEC Filing  
10/28/2013Jennifer M JohnsonCOOSell18,517$54.50$1,009,176.50View SEC Filing  
9/19/2013William Young YunEVPSell6,000$53.08$318,480.00View SEC Filing  
9/17/2013Gregory JohnsonCEOSell50,000$50.56$2,528,000.00View SEC Filing  
5/16/2013Rupert H Johnson JrMajor ShareholderSell450,000$167.10$75,195,000.00View SEC Filing  
12/5/2012Gregory E JohnsonCEOSell60,000$127.40$7,644,000.00View SEC Filing  
8/23/2012John M LuskEVPSell14,142$118.29$1,672,857.18View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Franklin Resources (NYSE:BEN)
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Chart

Franklin Resources (BEN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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