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

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$32.21 +0.67 (+2.12 %)
(As of 12/12/2018 01:55 PM ET)
Previous Close$31.54
Today's Range$31.40 - $32.29
52-Week Range$28.12 - $45.96
Volume250,487 shs
Average Volume3.55 million shs
Market Capitalization$16.54 billion
P/E Ratio10.09
Dividend Yield2.85%
Beta1.29
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.07
Current Ratio3.71
Quick Ratio3.71

Price-To-Earnings

Trailing P/E Ratio10.09
Forward P/E Ratio11.46
P/E Growth1.35

Sales & Book Value

Annual Sales$6.32 billion
Price / Sales2.62
Cash Flow$3.5829 per share
Price / Cash Flow8.99
Book Value$19.37 per share
Price / Book1.66

Profitability

EPS (Most Recent Fiscal Year)$3.19
Net Income$764.40 million
Net Margins12.10%
Return on Equity16.26%
Return on Assets10.62%

Miscellaneous

Employees9,700
Outstanding Shares513,090,000
Market Cap$16.54 billion
OptionableOptionable

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, December 11th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.26 per share on Friday, January 11th. This represents a $1.04 annualized dividend and a dividend yield of 3.24%. This is an increase from Franklin Resources's previous quarterly dividend of $0.23. View Franklin Resources' Dividend History.

How will Franklin Resources' stock buyback program work?

Franklin Resources declared that its board has initiated a share repurchase program on Thursday, April 12th 2018, which permits the company to buyback 80,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) issued its quarterly earnings results on Thursday, October, 25th. The closed-end fund reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.39. The closed-end fund had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.55 billion. Franklin Resources had a net margin of 12.10% and a return on equity of 16.26%. View Franklin Resources' Earnings History.

When is Franklin Resources' next earnings date?

Franklin Resources is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Franklin Resources.

What price target have analysts set for BEN?

10 brokerages have issued 1-year target prices for Franklin Resources' stock. Their forecasts range from $26.00 to $47.00. On average, they expect Franklin Resources' share price to reach $32.70 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets 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 4 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Franklin Resources.

Has Franklin Resources been receiving favorable news coverage?

News headlines about BEN stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Franklin Resources earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned media stories about the closed-end fund a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.

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)

Who are Franklin Resources' major shareholders?

Franklin Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.37%), BlackRock Inc. (4.27%), Abrams Capital Management L.P. (1.89%), Pzena Investment Management LLC (1.70%), Kiltearn Partners LLP (1.53%) and Massachusetts Financial Services Co. MA (1.42%). 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 Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., BlackRock Inc., Pzena Investment Management LLC, Skandinaviska Enskilda Banken AB publ, Morgan Stanley, Prudential Financial Inc. and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold Franklin Resources company stock in the last year include Craig Steven Tyle, 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 Vanguard Group Inc., Fiduciary Management Inc. WI, Abrams Capital Management L.P., Bank of New York Mellon Corp, St. James Investment Company LLC, Renaissance Technologies LLC, Cornerstone Wealth Management LLC and Russell Investments Group Ltd.. 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 $32.06.

How big of a company is Franklin Resources?

Franklin Resources has a market capitalization of $16.54 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.

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:  379 (Vote Outperform)
Underperform Votes:  987 (Vote Underperform)
Total Votes:  1,366
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 12/12/2018 by MarketBeat.com Staff

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