Top MarketRank™ StocksTop MarketRank™NYSE:BEN Franklin Resources (BEN) Stock Price, News & Analysis $19.77 -2.85 (-12.60%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$19.61▼$22.2850-Day Range$19.77▼$23.9752-Week Range$19.60▼$30.32Volume24.04 million shsAverage Volume3.81 million shsMarket Capitalization$10.40 billionP/E Ratio11.30Dividend Yield6.27%Price Target$24.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Franklin Resources alerts: Email Address Franklin Resources MarketRank™ Stock AnalysisAnalyst RatingReduce1.63 Rating ScoreUpside/Downside25.9% Upside$24.90 Price TargetShort InterestBearish7.72% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.55Upright™ Environmental ScoreNews Sentiment0.50Based on 11 Articles This WeekInsider TradingAcquiring Shares$4.56 M Bought Last QuarterProj. Earnings Growth10.74%From $2.42 to $2.68 Per ShareSee Full Details Hide Full Details 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.4.96 out of 5 starsFinance Sector82nd out of 863 stocksInvestment Advice Industry7th out of 49 stocks 3.8 Analyst's Opinion Consensus RatingFranklin Resources has received a consensus rating of Reduce. The company's average rating score is 1.63, and is based on no buy ratings, 5 hold ratings, and 3 sell ratings.Amount of Analyst CoverageFranklin Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Franklin Resources' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.72% of the float of Franklin Resources has been sold short.Short Interest Ratio / Days to CoverFranklin Resources has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Franklin Resources has recently increased by 14.84%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFranklin Resources is a leading dividend payer. It pays a dividend yield of 5.46%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFranklin Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Franklin Resources is 70.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Franklin Resources will have a dividend payout ratio of 46.27% next year. This indicates that Franklin Resources will be able to sustain or increase its dividend.Read more about Franklin Resources' dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFranklin Resources has received a 25.75% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Mutual funds", "Retirement saving services", and "Individuals savings account management services" products. See details.Environmental SustainabilityThe Environmental Impact score for Franklin Resources is -0.55. Previous Next 3.1 News and Social Media Coverage News SentimentFranklin Resources has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Franklin Resources this week, compared to 8 articles on an average week.Search Interest26 people have searched for BEN on MarketBeat in the last 30 days. This is an increase of 37% compared to the previous 30 days.MarketBeat Follows8 people have added Franklin Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Franklin Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $4,560,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.13% of the stock of Franklin Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions47.56% of the stock of Franklin Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Franklin Resources' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Franklin Resources are expected to grow by 10.74% in the coming year, from $2.42 to $2.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Franklin Resources is 11.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Franklin Resources is 11.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.06.Price to Earnings Growth RatioFranklin Resources has a PEG Ratio of 2.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFranklin Resources has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Franklin Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupAlert: July 11th Could Send Markets into Turmoil, Prepare Now!You can protect your finances through an obscure IRS Loophole designed to shield your IRA, 401(k), and other retirement accounts from government overreach. This IRS loophole is 100% legal, tax-free, and penalty-free.Click here to request your FREE Retirement Protection Kit now! 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.Read More BEN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BEN Stock News HeadlinesAugust 21 at 7:01 PM | globenewswire.comFranklin Resources (BEN) Stumbles Again After Shuttering $2 Billion Fund, Placing Co-CIO On Leave - Hagens BermanAugust 21 at 6:51 PM | msn.comBen Franklin Transit hires new leader. He started his career as a bus driverAugust 22, 2024 | American Hartford Gold Group (Ad)Alert: July 11th Could Send Markets into Turmoil, Prepare Now!You can protect your finances through an obscure IRS Loophole designed to shield your IRA, 401(k), and other retirement accounts from government overreach. This IRS loophole is 100% legal, tax-free, and penalty-free.August 21 at 6:51 PM | seekingalpha.comFranklin Resources slides after report of federal criminal probe into 'cherry-picking'August 21 at 6:51 PM | stockhouse.comThe Law Offices of Frank R. Cruz Announces Investigation of Franklin Resources, Inc. (BEN) on Behalf of InvestorsAugust 21 at 3:26 PM | investopedia.comFranklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B UnitAugust 16, 2024 | cbsnews.comWJZ volunteers help get fire-stricken Benjamin Franklin High ready for new yearAugust 16, 2024 | finance.yahoo.comFranklin Templeton Canada Announces Proposed Fund MergerAugust 22, 2024 | American Hartford Gold Group (Ad)Alert: July 11th Could Send Markets into Turmoil, Prepare Now!You can protect your finances through an obscure IRS Loophole designed to shield your IRA, 401(k), and other retirement accounts from government overreach. This IRS loophole is 100% legal, tax-free, and penalty-free.August 13, 2024 | msn.comDEF CON Franklin project enlists hackers to harden critical infrastructureAugust 13, 2024 | msn.comFranklin Resources posts 0.6% rise in July AUM on market strengthAugust 8, 2024 | prnewswire.comFranklin Templeton Money Market Fund Launches on Arbitrum BlockchainAugust 8, 2024 | msn.comWhy Are Wall Street Analysts Bullish on Franklin Resources, Inc. (BEN)?August 3, 2024 | finance.yahoo.comFranklin Resources (NYSE:BEN) sheds US$628m, company earnings and investor returns have been trending downwards for past three yearsJuly 31, 2024 | markets.businessinsider.comMorgan Stanley Reaffirms Their Sell Rating on Franklin Resources (BEN)July 31, 2024 | marketwatch.comFranklin Resources Inc. stock underperforms Tuesday when compared to competitors despite daily gainsJuly 29, 2024 | markets.businessinsider.comEvercore ISI Reaffirms Their Sell Rating on Franklin Resources (BEN)July 29, 2024 | markets.businessinsider.comKBW Keeps Their Sell Rating on Franklin Resources (BEN)See More Headlines Receive BEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Franklin Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/12 Dividend6/28/2024Dividend Payable7/12/2024Last Earnings7/26/2024Today8/21/2024Fiscal Year End9/30/2024Next Earnings (Estimated)10/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryAsset Management & Custody Banks Current SymbolNYSE:BEN CUSIP35461310 CIK38777 Webwww.franklinresources.com Phone(650) 312-2000Fax650-312-3655Employees9,800Year Founded1947Price Target and Rating Average Stock Price Target$24.90 High Stock Price Target$30.00 Low Stock Price Target$21.00 Potential Upside/Downside+25.9%Consensus RatingReduce Rating Score (0-4)1.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.75 Trailing P/E Ratio11.30 Forward P/E Ratio8.17 P/E Growth2.46Net Income$882.80 million Net Margins10.24% Pretax Margin16.47% Return on Equity10.60% Return on Assets4.40% Debt Debt-to-Equity Ratio0.93 Current Ratio1.71 Quick Ratio1.82 Sales & Book Value Annual Sales$8.25 billion Price / Sales1.26 Cash Flow$3.26 per share Price / Cash Flow6.07 Book Value$26.07 per share Price / Book0.76Miscellaneous Outstanding Shares526,091,000Free Float399,145,000Market Cap$10.40 billion OptionableOptionable Beta1.43 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Gregory Eugene Johnson CPA (Age 63)Executive Chairman of the Board Comp: $1.83MMs. Jennifer M. Johnson (Age 60)President, CEO & Director Comp: $4.61MMr. Rupert Harris Johnson Jr. (Age 84)Vice Chairman Mr. Matthew Nicholls (Age 51)Executive VP, CFO & COO Comp: $3.7MMr. Adam Benjamin Spector (Age 56)Executive VP & Head of Global Distribution Comp: $4.14MMr. Terrence James Murphy (Age 55)Executive VP & Head of Public Markets Comp: $15.15MMr. Avinash Deepak Satwalekar CFAPresident of IndiaMs. Lindsey Harumi Oshita (Age 41)Senior VP & Chief Accounting Officer Ms. Selene OhHead of Investor RelationsMr. Thomas Clifton Merchant (Age 56)Executive VP, General Counsel & Secretary More ExecutivesKey CompetitorsAmeriprise FinancialNYSE:AMPT. Rowe Price GroupNASDAQ:TROWState StreetNYSE:STTNorthern TrustNASDAQ:NTRSAres CapitalNASDAQ:ARCCView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 4,030 shares on 8/21/2024Ownership: 0.006%Ascent Group LLCSold 6,835 shares on 8/16/2024Ownership: 0.007%Northwestern Mutual Wealth Management Co.Bought 6,557 shares on 8/16/2024Ownership: 0.004%Creative PlanningBought 1,131 shares on 8/16/2024Ownership: 0.004%SkyView Investment Advisors LLCBought 2,062 shares on 8/16/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions BEN Stock Analysis - Frequently Asked Questions How have BEN shares performed this year? Franklin Resources' stock was trading at $29.79 at the start of the year. Since then, BEN shares have decreased by 33.6% and is now trading at $19.77. View the best growth stocks for 2024 here. How were Franklin Resources' earnings last quarter? Franklin Resources, Inc. (NYSE:BEN) issued its quarterly earnings results on Friday, July, 26th. The closed-end fund reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates 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? Franklin Resources subsidiaries include 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | Sponsored625,000% GainThe recent pullback in the crypto markets has left many investors in full-on panic mode, convinced the bull ru...Crypto Swap Profits | SponsoredGrab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... 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