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Franklin Resources (BEN) Stock Price, News & Analysis

$19.13
-0.36 (-1.85%)
(As of 09/6/2024 ET)
Today's Range
$19.05
$19.54
50-Day Range
$19.14
$23.97
52-Week Range
$19.05
$30.32
Volume
4.62 million shs
Average Volume
3.96 million shs
Market Capitalization
$10.06 billion
P/E Ratio
10.93
Dividend Yield
6.48%
Price Target
$23.91

Franklin Resources MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.56 Rating Score
Upside/​Downside
25.0% Upside
$23.91 Price Target
Short Interest
Bearish
8.37% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.24mentions of Franklin Resources in the last 14 days
Based on 29 Articles This Week
Insider Trading
Acquiring Shares
$7.19 M Bought Last Quarter
Proj. Earnings Growth
9.96%
From $2.41 to $2.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Finance Sector

45th out of 871 stocks

Investment Advice Industry

4th out of 51 stocks

BEN stock logo

About Franklin Resources Stock (NYSE:BEN)

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 Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.

BEN Stock Price History

BEN Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Franklin Resources (NYSE:BEN) PT Lowered to $20.00 at Evercore ISI
Franklin Resources (NYSE:BEN) Hits New 12-Month Low on Analyst Downgrade
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
See More Headlines
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Company Calendar

Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Last Earnings
7/26/2024
Today
9/07/2024
Ex-Dividend for 10/11 Dividend
9/30/2024
Fiscal Year End
9/30/2024
Dividend Payable
10/11/2024
Next Earnings (Estimated)
10/29/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
CUSIP
35461310
Employees
9,200
Year Founded
1947

Price Target and Rating

Average Stock Price Target
$23.91
High Stock Price Target
$30.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+25.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.56
Research Coverage
9 Analysts

Profitability

Net Income
$882.80 million
Pretax Margin
16.47%

Debt

Sales & Book Value

Annual Sales
$8.25 billion
Cash Flow
$3.46 per share
Book Value
$26.07 per share

Miscellaneous

Free Float
399,145,000
Market Cap
$10.06 billion
Optionable
Optionable
Beta
1.39

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Key Executives

  • Mr. Gregory Eugene Johnson CPA (Age 63)
    Executive Chairman of the Board
    Comp: $1.83M
  • Ms. Jennifer M. JohnsonMs. Jennifer M. Johnson (Age 60)
    President, CEO & Director
    Comp: $4.61M
  • Mr. Rupert Harris Johnson Jr. (Age 84)
    Vice Chairman
  • Mr. Matthew Nicholls (Age 51)
    Executive VP, CFO & COO
    Comp: $3.7M
  • Mr. Adam Benjamin Spector (Age 56)
    Executive VP & Head of Global Distribution
    Comp: $4.14M
  • Mr. Terrence James Murphy (Age 55)
    Executive VP & Head of Public Markets
    Comp: $15.15M
  • Mr. Avinash Deepak Satwalekar CFA
    President of India
  • Ms. Lindsey Harumi Oshita (Age 41)
    Senior VP & Chief Accounting Officer
  • Ms. Selene Oh
    Head of Investor Relations
  • Mr. Thomas Clifton Merchant (Age 56)
    Executive VP, General Counsel & Secretary

BEN Stock Analysis - Frequently Asked Questions

How have BEN shares performed this year?

Franklin Resources' stock was trading at $29.79 on January 1st, 2024. Since then, BEN stock has decreased by 35.8% and is now trading at $19.13.
View the best growth stocks for 2024 here
.

How were Franklin Resources' earnings last quarter?

Franklin Resources, Inc. (NYSE:BEN) issued its earnings results on Friday, July, 26th. The closed-end fund reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. The closed-end fund had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $2.09 billion. Franklin Resources had a trailing twelve-month return on equity of 10.60% and a net margin of 10.24%.

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.

Does Franklin Resources have any subsidiaries?

The following companies are subsidiaries of Franklin Resources: AdvisorEngine, Athena Capital Advisors, Benefit Street Partners, Random Forest Capital, Edinburgh Partners, K2 Advisors, Balanced Equity Management, and more.

Who are Franklin Resources' major shareholders?

Franklin Resources' top institutional shareholders include ProShare Advisors LLC (1.35%), Bank of New York Mellon Corp (0.73%), Dimensional Fund Advisors LP (0.61%) and AQR Capital Management LLC (0.47%). Insiders that own company stock include Charles B Johnson, Franklin Resources Inc, Jennifer M Johnson, Jed A Plafker, Alok Sethi, Mariann H Byerwalter and Gwen L Shaneyfelt.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Franklin Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Franklin Resources investors own include AbbVie (ABBV), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Coca-Cola (KO), Pfizer (PFE) and 3M (MMM).

This page (NYSE:BEN) was last updated on 9/7/2024 by MarketBeat.com Staff

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