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Franklin Resources - BEN Stock Forecast, Price & News

$33.27
-0.55 (-1.63%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$32.99
$33.82
50-Day Range
$25.74
$33.82
52-Week Range
$20.24
$34.37
Volume
6.20 million shs
Average Volume
4.65 million shs
Market Capitalization
$16.64 billion
P/E Ratio
16.97
Dividend Yield
3.75%
Price Target
$25.27

Franklin Resources MarketRank™ Forecast

Analyst Rating
Hold
1.55 Rating Score
Upside/​Downside
24.0% Downside
$25.27 Price Target
Short Interest
Bearish
7.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.28mentions of Franklin Resources in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$917,248 Sold Last Quarter
Proj. Earnings Growth
15.58%
From $2.31 to $2.67 Per Share

Overall MarketRank

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

2.86 out of 5 stars

Finance Sector

79th out of 865 stocks

Investment Advice Industry

6th out of 47 stocks

BEN stock logo

About Franklin Resources (NYSE:BEN) Stock

Franklin Resources, Inc. is a holding company, which engages in the provision of investment management and related services. The firm offers services and products under various distinct brand names, including, but not limited to, Franklin, Templeton, Legg Mason, Benefit Street Partners, Brandywine Global Investment Management, Clarion Partners, ClearBridge Investments, Fiduciary Trust International, Franklin Bissett, Franklin Mutual Series, K2, LibertyShares, Martin Currie, Royce Investment Partners and Western Asset Management Company. It provides investment management and related services to retail, institutional and high-net-worth investors in jurisdictions worldwide. The company was founded by Rupert H. Johnson, Sr. in 1947 and is headquartered in San Mateo, CA.

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BEN Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
The 30 Most Famous Yale Students Of All Time
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Franklin Resources Inc. Q1 Profit Decreases, misses estimates
Franklin Resources (BEN) Q1 Earnings Miss Estimates
Franklin Resources's Earnings: A Preview
See More Headlines
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BEN Company Calendar

Ex-Dividend for 1/13 Dividend
12/29/2022
Dividend Payable
1/13/2023
Last Earnings
1/30/2023
Today
2/03/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
35461310
Employees
9,800
Year Founded
1947

Price Target and Rating

Average Stock Price Forecast
$25.27
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
-24.0%
Consensus Rating
Hold
Rating Score (0-4)
1.55
Research Coverage
11 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
15.75%

Debt

Sales & Book Value

Annual Sales
$8.28 billion
Cash Flow
$4.79 per share
Book Value
$25.10 per share

Miscellaneous

Free Float
383,198,000
Market Cap
$16.64 billion
Optionable
Optionable
Beta
1.28

Social Links


Key Executives

  • Jenny Johnson
    President, Chief Executive Officer & Director
  • Matthew Nicholls
    COO, CFO & Executive Vice President
  • Alok SethiAlok Sethi
    Executive Vice President-Technology & Operations
  • Fred Jensen
    Director-Global Compliance
  • Theodore Paul Becker
    Vice President-Global Compliance













BEN Stock - Frequently Asked Questions

Should I buy or sell Franklin Resources stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last twelve months. There are currently 5 sell ratings and 6 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 2023?

11 analysts have issued 1-year price objectives for Franklin Resources' shares. Their BEN share price forecasts range from $20.00 to $29.00. On average, they predict the company's share price to reach $25.27 in the next year. This suggests that the stock has a possible downside of 24.7%.
View analysts price targets for BEN
or view top-rated stocks among Wall Street analysts.

How have BEN shares performed in 2023?

Franklin Resources' stock was trading at $26.38 at the beginning of 2023. Since then, BEN shares have increased by 27.2% and is now trading at $33.55.
View the best growth stocks for 2023 here
.

When is Franklin Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our BEN earnings forecast
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) posted its quarterly earnings data on Monday, January, 30th. The closed-end fund reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $0.03. The closed-end fund had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.85 billion. Franklin Resources had a net margin of 12.52% and a trailing twelve-month return on equity of 12.69%. The firm's revenue for the quarter was down 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.08 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 Tuesday, December 13th. Shareholders of record on Friday, December 30th will be given a dividend of $0.30 per share on Friday, January 13th. This represents a $1.20 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Thursday, December 29th. This is a boost from the stock's previous quarterly dividend of $0.29.
Read our dividend analysis for BEN
.

Is Franklin Resources a good dividend stock?

Franklin Resources (NYSE:BEN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.75%. 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 61.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BEN will have a dividend payout ratio of 44.94% 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 variety of retail and institutional investors. Top institutional investors include ProShare Advisors LLC (1.44%), Wedge Capital Management L L P NC (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.20%), CWM LLC (0.17%), AE Wealth Management LLC (0.11%) and Janney Montgomery Scott LLC (0.08%). Insiders that own company stock include Alok Sethi, 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 $33.55.

How much money does Franklin Resources make?

Franklin Resources (NYSE:BEN) has a market capitalization of $16.78 billion and generates $8.28 billion in revenue each year. The closed-end fund earns $1.29 billion in net income (profit) each year or $1.96 on an earnings per share basis.

How many employees does Franklin Resources have?

The company employs 9,800 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
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 2/3/2023 by MarketBeat.com Staff