NYSE:BEN - Franklin Resources Stock Price, Price Target & More

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$32.27 -0.30 (-0.92 %)
(As of 07/19/2018 03:07 PM ET)
Previous Close$32.36
Today's Range$32.07 - $32.44
52-Week Range$31.28 - $47.65
Volume76,492 shs
Average Volume3.25 million shs
Market Capitalization$17.35 billion
P/E Ratio10.82
Dividend Yield2.87%
Beta1.56
Franklin Resources logoFranklin 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:BEN
CUSIP35461310
Phone650-312-2000

Debt

Debt-to-Equity Ratio0.10
Current Ratio2.46
Quick Ratio2.46

Price-To-Earnings

Trailing P/E Ratio10.82
Forward P/E Ratio10.18
P/E Growth1.47

Sales & Book Value

Annual Sales$6.39 billion
Price / Sales2.73
Cash Flow$3.3475 per share
Price / Cash9.64
Book Value$23.31 per share
Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)$3.01
Net Income$1.70 billion
Net Margins10.76%
Return on Equity14.66%
Return on Assets9.97%

Miscellaneous

Employees9,400
Outstanding Shares540,210,000
Market Cap$17,346.09

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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 Tuesday, June 12th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.23 per share on Friday, July 13th. This represents a $0.92 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Thursday, June 28th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its Board of Directors has authorized a stock buyback plan on Thursday, April 12th 2018, which permits the company to repurchase 80,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) released its quarterly earnings data on Thursday, April, 26th. The closed-end fund reported $0.78 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.03. The closed-end fund had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.58 billion. Franklin Resources had a net margin of 10.76% and a return on equity of 14.66%. The firm's revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.74 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, July, 27th 2018. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

10 brokers have issued 12-month price objectives for Franklin Resources' stock. Their forecasts range from $32.00 to $48.00. On average, they anticipate Franklin Resources' share price to reach $38.90 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Ratings for Franklin Resources.

What is the consensus analysts' recommendation for Franklin Resources?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 3 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Franklin Resources' key competitors?

Who are Franklin Resources' key executives?

Franklin Resources' management team includes the folowing people:
  • Mr. Gregory Eugene Johnson CPA, Chairman & CEO (Age 57)
  • Ms. Jennifer M. Johnson, Pres & COO (Age 54)
  • Mr. Kenneth Allan Lewis, Exec. VP, CFO & Principal Accounting Officer (Age 57)
  • Mr. Alok Sethi, Exec. VP of Technology & Operations (Age 57)
  • Mr. Craig Steven Tyle, Exec. VP & Gen. Counsel (Age 58)

Has Franklin Resources been receiving favorable news coverage?

Media coverage about BEN stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Franklin Resources earned a coverage optimism score of 0.02 on Accern's scale. They also assigned news stories about the closed-end fund an impact score of 45.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (0.07%), Bank of Montreal Can (0.07%), Howard Capital Management Inc. (0.06%), Denali Advisors LLC (0.05%), Westpac Banking Corp (0.05%) and Foundation Resource Management Inc. (0.04%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, Jed A Plafker, Jennifer M Johnson, Kenneth A Lewis 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 Fenimore Asset Management Inc., Welch & Forbes LLC, Nisa Investment Advisors LLC, Bright Rock Capital Management LLC, Winslow Asset Management Inc., Westpac Banking Corp, Municipal Employees Retirement System of Michigan and Guidant Wealth Advisors. Company insiders that have sold Franklin Resources company stock in the last year include Gregory E Johnson, Jed A Plafker and Rupert H Johnson Jr. View Insider Buying and Selling for Franklin Resources.

Which major investors are buying Franklin Resources stock?

BEN stock was bought by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., DnB Asset Management AS, Bank of Montreal Can, Xact Kapitalforvaltning AB, Howard Capital Management Inc., Clinton Group Inc., Denali Advisors LLC and Jolley Asset Management 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, Scottrade, Fidelity and Charles Schwab.

What is Franklin Resources' stock price today?

One share of BEN stock can currently be purchased for approximately $32.28.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $17.35 billion and generates $6.39 billion in revenue each year. The closed-end fund earns $1.70 billion in net income (profit) each year or $3.01 on an earnings per share basis. Franklin Resources employs 9,400 workers across the globe.

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:  344 (Vote Outperform)
Underperform Votes:  929 (Vote Underperform)
Total Votes:  1,273
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 7/19/2018 by MarketBeat.com Staff

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