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

$29.91
+0.12 (+0.40 %)
(As of 09/15/2019 05:36 AM ET)
Today's Range
$29.8650
Now: $29.91
$30.2050
50-Day Range
$25.9050
MA: $28.83
$34.96
52-Week Range
$25.57
Now: $29.91
$35.82
Volume3.24 million shs
Average Volume2.99 million shs
Market Capitalization$15.06 billion
P/E Ratio11.03
Dividend Yield3.49%
Beta1.22
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$6.32 billion
Cash Flow$3.5993 per share
Book Value$19.37 per share

Profitability

Net Income$764.40 million

Miscellaneous

Employees9,700
Market Cap$15.06 billion
Next Earnings Date10/24/2019 (Estimated)
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 announced a quarterly dividend on Thursday, September 5th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.26 per share on Friday, October 11th. This represents a $1.04 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Friday, September 27th. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources announced that its board has approved a stock buyback plan on Thursday, April 12th 2018, which allows the company to repurchase 80,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) released its quarterly earnings data on Tuesday, July, 30th. The closed-end fund reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.63 by $0.15. The closed-end fund had revenue of $1.48 billion for the quarter, compared to analysts' expectations of $1.48 billion. Franklin Resources had a net margin of 23.80% and a return on equity of 13.43%. The company's revenue was down 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 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, October 24th 2019. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

11 Wall Street analysts have issued twelve-month target prices for Franklin Resources' shares. Their predictions range from $23.00 to $37.00. On average, they anticipate Franklin Resources' share price to reach $30.3809 in the next year. This suggests a possible upside of 1.6% 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 6 sell ratings and 5 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?

News headlines about BEN stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Franklin Resources earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the closed-end fund a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Franklin Resources.

Are investors shorting Franklin Resources?

Franklin Resources saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 27,266,400 shares, a decrease of 11.6% from the July 31st total of 30,827,300 shares. Based on an average trading volume of 3,030,000 shares, the days-to-cover ratio is presently 9.0 days. Currently, 9.9% of the company's shares are sold short. 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 Procter & Gamble (PG), General Electric (GE), Exxon Mobil (XOM), Walmart (WMT), Bank of America (BAC), Johnson & Johnson (JNJ), The Coca-Cola (KO), 3M (MMM), AT&T (T) and QUALCOMM (QCOM).

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 Vanguard Group Inc. (7.45%), BlackRock Inc. (4.55%), BlackRock Inc. (4.55%), Price T Rowe Associates Inc. MD (4.01%), Kiltearn Partners LLP (1.25%) and APG Asset Management N.V. (1.19%). Company insiders that own Franklin Resources stock include Craig Steven Tyle, Gregory E Johnson, 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 Pzena Investment Management LLC, Price T Rowe Associates Inc. MD, Kiltearn Partners LLP, Quest Capital Management Inc. ADV, Bank of New York Mellon Corp, California Public Employees Retirement System, Pictet Asset Management Ltd. and Pictet Asset Management Ltd.. 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 major investors are buying Franklin Resources stock?

BEN stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., APG Asset Management N.V., Nuveen Asset Management LLC, Royal Bank of Canada, First Trust Advisors LP, Janus Henderson Group PLC, Janus Henderson Group PLC and Schroder Investment Management Group. 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 $29.91.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $15.06 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.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:  402 (Vote Outperform)
Underperform Votes:  1,052 (Vote Underperform)
Total Votes:  1,454
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 9/15/2019 by MarketBeat.com Staff

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