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Franklin Resources (BEN) Stock

Profile

Country:

United States

IPO:

23 September 1983

Indexes:

Description:

Franklin Resources, Inc. is an American investment company headquartered in San Mateo, California, operating through a number of subsidiaries worldwide. It was founded in 1947. The company specializes in investment management services, institutional investment management, alternative investment management strategies, capital management, and more. In addition to investment management, services include fund administration, sales and distribution, as well as shareholder services. All products and services are offered directly or through third parties under well-known brands such as Franklin, Templeton, Balanced Equity Management, Benefit Street Partners, Darby, Edinburgh Partners, Fiduciary Trust, Franklin Bissett, Franklin Mutual Series, K2, and Liberty Shares.

Key Details

Price

$20.41

TTM Dividend Yield

6.12%(+42.00% YoY)

Annual Revenue

$8.48 B(+8.01% YoY)

Annual EPS

$0.85(-50.58% YoY)

PE Ratio

23.73(+60.55% YoY)

Beta

0.91

Events Calendar

Earnings

Next earnings date:

Jan 29, 2025

Recent quarterly earnings:

Nov 04, 2024

Recent annual earnings:

Nov 04, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 30, 2024
Splits

Next split:

N/A

Recent split:

July 26, 2013

Analyst ratings

Recent major analysts updates

20 Dec '24 Morgan Stanley
Underweight
12 Dec '24 Wells Fargo
Equal-Weight
09 Dec '24 Barclays
Underweight
05 Nov '24 Wells Fargo
Equal-Weight
05 Nov '24 TD Cowen
Hold
05 Nov '24 Keefe, Bruyette & Woods
Underperform
05 Nov '24 JP Morgan
Neutral
05 Nov '24 Deutsche Bank
Hold
22 Oct '24 UBS
Neutral
18 Oct '24 Morgan Stanley
Underweight

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Institutional Ownership

Strategic Acquisitions & Solid AUM Aid Franklin Amid High Costs
Strategic Acquisitions & Solid AUM Aid Franklin Amid High Costs
Strategic Acquisitions & Solid AUM Aid Franklin Amid High Costs
BEN
zacks.com27 December 2024

BEN's purchases and strong growth in assets under management (AUM) are expected to help its financial performance in the long run. However, increasing expenses and a reliance on a few sources of income are concerning.

BEN and Cataneo to Leverage AI with Radio Industry Leaders
BEN and Cataneo to Leverage AI with Radio Industry Leaders
BEN and Cataneo to Leverage AI with Radio Industry Leaders
BEN
globenewswire.com20 December 2024

On December 20, 2024, in Jackson, Wyoming, Brand Engagement Network, Inc. (NASDAQ: BNAI), a worldwide provider of conversational AI solutions, and Cataneo GmbH, a media technology company from Munich, revealed a joint pilot program with Vybroo and Grupo Siete. This initiative is focused on updating the radio advertising industry in Mexico.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to Connect
BEN
accesswire.com19 December 2024

NEW YORK, NY / ACCESSWIRE / December 19, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Shareholders to Reach Out
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Shareholders to Reach Out
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Shareholders to Reach Out
BEN
accesswire.com18 December 2024

NEW YORK, NY / ACCESSWIRE / December 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Shareholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Shareholders to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Shareholders to Learn More About the Investigation
BEN
accesswire.com17 December 2024

NEW YORK, NY / ACCESSWIRE / December 17, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

Staying In Franklin Resources For The Dividend
Staying In Franklin Resources For The Dividend
Staying In Franklin Resources For The Dividend
BEN
seekingalpha.com16 December 2024

Franklin Resources Inc. has not performed well, showing a 3.7% loss while the S&P 500 gained 14.25%. Even though sales are at a record high, profits have decreased, and the dividend payout ratio is concerning at 141% of net income. While the stock price is high, the dividend yield is appealing, providing 83% more income over ten years compared to Treasury Notes.

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Investors to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Investors to Learn More About the Investigation
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Investors to Learn More About the Investigation
BEN
accesswire.com16 December 2024

NEW YORK, NY / ACCESSWIRE / December 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
BEN
accesswire.com15 December 2024

NEW YORK, NY / ACCESSWIRE / December 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Investors to Connect
BEN
accesswire.com13 December 2024

NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is looking into possible claims for those who bought shares of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE:BEN). Investors who have purchased Franklin securities are invited to find more information and help with the investigation by visiting the firm's website: bgandg.com/BEN.

BEN Investors Have Opportunity to Join Franklin Resources, Inc. Securities Fraud Investigation with the Schall Law Firm
BEN Investors Have Opportunity to Join Franklin Resources, Inc. Securities Fraud Investigation with the Schall Law Firm
BEN Investors Have Opportunity to Join Franklin Resources, Inc. Securities Fraud Investigation with the Schall Law Firm
BEN
prnewswire.com11 December 2024

LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a firm that focuses on protecting shareholder rights, is looking into claims from investors of Franklin Resources, Inc. ("Franklin" or "the Company") (NYSE: BEN) regarding possible violations of securities laws. The investigation is centered on whether the Company made false or misleading statements or did not share important information with investors.

FAQ

  • What is the primary business of Franklin Resources?
  • What is the ticker symbol for Franklin Resources?
  • Does Franklin Resources pay dividends?
  • What sector is Franklin Resources in?
  • What industry is Franklin Resources in?
  • What country is Franklin Resources based in?
  • When did Franklin Resources go public?
  • Is Franklin Resources in the S&P 500?
  • Is Franklin Resources in the NASDAQ 100?
  • Is Franklin Resources in the Dow Jones?
  • When was Franklin Resources's last earnings report?
  • When does Franklin Resources report earnings?
  • Should I buy Franklin Resources stock now?

What is the primary business of Franklin Resources?

Franklin Resources, Inc. is an American investment company headquartered in San Mateo, California, operating through a number of subsidiaries worldwide. It was founded in 1947. The company specializes in investment management services, institutional investment management, alternative investment management strategies, capital management, and more. In addition to investment management, services include fund administration, sales and distribution, as well as shareholder services. All products and services are offered directly or through third parties under well-known brands such as Franklin, Templeton, Balanced Equity Management, Benefit Street Partners, Darby, Edinburgh Partners, Fiduciary Trust, Franklin Bissett, Franklin Mutual Series, K2, and Liberty Shares.

What is the ticker symbol for Franklin Resources?

The ticker symbol for Franklin Resources is NYSE:BEN

Does Franklin Resources pay dividends?

Yes, Franklin Resources pays dividends. The last payment was $0.32, with an ex-dividend date on 30 December 2024

What sector is Franklin Resources in?

Franklin Resources is in the Financial Services sector

What industry is Franklin Resources in?

Franklin Resources is in the Asset Management industry

What country is Franklin Resources based in?

Franklin Resources is headquartered in United States

When did Franklin Resources go public?

Franklin Resources's initial public offering (IPO) was on 23 September 1983

Is Franklin Resources in the S&P 500?

Yes, Franklin Resources is included in the S&P 500 index

Is Franklin Resources in the NASDAQ 100?

No, Franklin Resources is not included in the NASDAQ 100 index

Is Franklin Resources in the Dow Jones?

No, Franklin Resources is not included in the Dow Jones index

When was Franklin Resources's last earnings report?

Franklin Resources's most recent earnings report was on 4 November 2024

When does Franklin Resources report earnings?

The next expected earnings date for Franklin Resources is 29 January 2025

Should I buy Franklin Resources stock now?

As of today, analysts generally recommend a 'Sell' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions