Franklin Resources Stock Price, News & Analysis (NYSE:BEN)

Franklin Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEN."

Franklin Resources announced a quarterly dividend on Thursday, September 5th. Investors of record on Monday, September 30th will be given a dividend of $0.26 per share on Friday, October 11th. This represents a $1.04 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Friday, September 27th. View Franklin Resources' Dividend History.

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

Franklin Resources, Inc. (NYSE:BEN) issued its quarterly earnings results on Tuesday, July, 30th. The closed-end fund reported $0.48 EPS for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.15. The closed-end fund earned $1.48 billion during the quarter, compared to analyst estimates of $1.48 billion. Franklin Resources had a net margin of 23.80% and a return on equity of 13.43%. The firm's quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.75 EPS. View Franklin Resources' Earnings History.

Franklin Resources is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Franklin Resources.

Franklin Resources will be holding an earnings conference call on Friday, October 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 analysts have issued twelve-month target prices for Franklin Resources' shares. Their forecasts range from $16.00 to $37.00. On average, they expect Franklin Resources' share price to reach $28.56 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Franklin Resources.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Franklin Resources in the last year. There are currently 7 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Franklin Resources.

News headlines about BEN stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Franklin Resources earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage about the closed-end fund a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Franklin Resources.

Franklin Resources saw a decrease in short interest in September. As of September 15th, there was short interest totalling 26,100,000 shares, a decrease of 5.6% from the August 15th total of 27,640,000 shares. Based on an average daily trading volume, of 3,150,000 shares, the short-interest ratio is currently 8.3 days. Currently, 9.5% of the company's stock are short sold. View Franklin Resources' Current Options Chain.

Some companies that are related to Franklin Resources include Blackstone Group (BX), LEG & GEN GRP P/S (LGGNY), Ameriprise Financial (AMP), KKR & Co Inc (KKR), Oaktree Capital Group LLC Unit (OAK), Apollo Global Management (APO), Invesco (IVZ), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), Federated Investors (FII), Ares Management (ARES) and Houlihan Lokey (HLI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Franklin Resources investors own include General Electric (GE), Procter & Gamble (PG), Walmart (WMT), Bank of America (BAC), Johnson & Johnson (JNJ), 3M (MMM), AT&T (T), Exxon Mobil (XOM), The Coca-Cola (KO) and Walt Disney (DIS).

Franklin Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.17%), Foundation Resource Management Inc. (0.10%), PGGM Investments (0.05%), Biechele Royce Advisors (0.04%), O Keefe Stevens Advisory Inc. (0.04%) and Envestnet Asset Management Inc. (0.03%). 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.

BEN stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Robeco Institutional Asset Management B.V., Denali Advisors LLC, PGGM Investments, Beacon Financial Group, Wealthfront Advisers LLC, Guidant Wealth Advisors and Inlet Private Wealth LLC. Company insiders that have sold Franklin Resources company stock in the last year include Craig Steven Tyle and Rupert H Johnson Jr. View Insider Buying and Selling for Franklin Resources.

BEN stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui DS Asset Management Company Ltd, Zeke Capital Advisors LLC, CIBC Private Wealth Group LLC, State of Alaska Department of Revenue, Alpha Windward LLC, Foundation Resource Management Inc., Biechele Royce Advisors and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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.

One share of BEN stock can currently be purchased for approximately $27.22.

Franklin Resources has a market capitalization of $13.71 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.

The official website for Franklin Resources is http://www.franklinresources.com/.

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]