BEN - Franklin Resources, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
35.70
+0.25 (+0.71%)
As of 10:28AM EDT. Market open.
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Previous Close35.45
Open35.33
Bid35.69 x 900
Ask35.71 x 2200
Day's Range35.18 - 35.79
52 Week Range27.34 - 35.82
Volume363,822
Avg. Volume2,741,614
Market Cap18.19B
Beta (3Y Monthly)0.94
PE Ratio (TTM)11.73
EPS (TTM)3.04
Earnings DateApr 26, 2019
Forward Dividend & Yield1.04 (3.14%)
Ex-Dividend Date2019-03-28
1y Target Est30.92
Trade prices are not sourced from all markets
  • Strong Equity Markets to Aid Franklin's (BEN) Q2 Earnings
    Zacks2 hours ago

    Strong Equity Markets to Aid Franklin's (BEN) Q2 Earnings

    Franklin's (BEN) second-quarter fiscal 2019 results are likely to reflect favorable impact of strong market performance. Yet, lower revenues might offset the positives.

  • Business Wire2 hours ago

    EvoNexus Collaborating with Franklin Templeton and Royal Bank of Canada to Pursue Emerging Financial Technology Startups

    EvoNexus, Southern California’s (SoCal) leading startup incubator with locations in San Diego and Irvine, today announced it has opened an application round in search of early stage companies with emerging financial technologies to admit to its new purpose built FinTech incubator. EvoNexus, with principal founding corporate sponsors Franklin Templeton (a global investment firm based in Silicon Valley with more than $712 billion USD in assets) and Royal Bank of Canada (RBC) (Canada’s largest bank based on market capitalization and one of the largest financial institutions in North America with $1.3 trillion USD assets under management), launched SoCal’s first FinTech incubator earlier this month.

  • Franklin Plans to Cut Up to 5% of Workforce to Reduce Costs
    Bloomberg23 hours ago

    Franklin Plans to Cut Up to 5% of Workforce to Reduce Costs

    San Mateo, California-based Franklin started with voluntary buyout offers for eligible U.S. employees age 50 or older who have at least 10 years of experience, the firm said in a Jan. 29 staff memo. “Our industry remains in the midst of rapid change, which has put pressure on our business in recent years,” Chief Executive Officer Greg Johnson and President Jenny Johnson said in the memo. Asset managers including BlackRock Inc. and State Street Corp. have unveiled plans for job reductions this year as cost-cutting is being driven by the 2018 market decline as well as industry automation and growing pressure to lower fees.

  • Earnings Preview: Franklin Resources (BEN) Q2 Earnings Expected to Decline
    Zacks5 days ago

    Earnings Preview: Franklin Resources (BEN) Q2 Earnings Expected to Decline

    Franklin Resources (BEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire7 days ago

    Franklin Limited Duration Income Trust Declares Monthly Distribution

    The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The Fund will calculate the average NAV from the previous month based on the number of business days in that month on which the NAV is calculated.  The distribution will be calculated as 10 percent of the previous month’s average NAV, divided by 12.

  • GlobeNewswire7 days ago

    Franklin Universal Trust Declares Monthly Distribution

    SAN MATEO, Calif., April 17, 2019 -- Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of.

  • GlobeNewswire8 days ago

    Amed Avila Elected Affiliate Vice Chair of Georgia Association of Public Pension Trustees

    Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, proudly announces that Amed Avila, managing director, has been elected affiliate vice chair of the Georgia Association of Public Pensions Trustees (GAPPT), a nonprofit organization formed solely to promote education and development for trustees of Georgia’s public pension plans. “The GAPPT fosters a network for the advancement, training, and accreditation of public plan trustees and personnel,” said Mr. Avila.

  • T. Rowe Price Records 1% Sequential Rise in March AUM
    Zacks12 days ago

    T. Rowe Price Records 1% Sequential Rise in March AUM

    T. Rowe Price's (TROW) preliminary assets under management for March 2019 up from the prior month on higher investments in total sponsored U.S. mutual funds and other investment portfolios.

  • Barrons.com12 days ago

    BlackRock Earnings Are Coming. Here’s What to Expect.

    BlackRock is facing industrywide headwinds, including fee pressures and a continuing shift from actively managed mutual funds to passive-investment products.

  • GlobeNewswire13 days ago

    Franklin Universal Trust Announces Results of 2019 Annual Shareholders’ Meeting

    Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc. announced today its Board of Trustees was re-elected by shareholders and all proposals to amend or eliminate the Fund’s fundamental investment restrictions as described in the Fund’s proxy materials were approved by shareholders at the Fund’s 2019 Annual Shareholders’ Meeting. Effective immediately, the Fund may invest a small portion of its total assets in loans originated through on-line marketplace lending platforms (a “Platform”) that provide a marketplace for lending through the purchase of loans (either individually or in aggregations) (“Marketplace Loans”) and other types of marketplace lending instruments.

  • GlobeNewswire13 days ago

    Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution

    The Franklin Limited Duration Income Trust [NYSE:FTF] (CUSIP 35472T101) has declared a dividend of $0.0871 per common share payable April 15, 2019, to shareholders of record as of March 29, 2019.  It is currently estimated that $0.0422 per share represents net investment income and $0.0449 per share represents return of principal. The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10 percent, based on the average monthly net asset value (NAV) of the Fund’s common shares. The plan is intended to provide shareholders with a constant, but not guaranteed, fixed minimum rate of distribution each month and is intended to narrow the discount between the market price and the NAV of the Fund’s common shares, but there is no assurance that the plan will be successful in doing so.

  • CNBC13 days ago

    Analysts believe the stock market will set a record soon and these names are going to lead the way

    Company analysts see the S&P 500 reaching 3,097, or 7% from here, over the next 12 months, according to calculations from FactSet. Based on the difference between the bottom-up target price and the current trading level, biopharmaceutical company Nektar Therapeutics is poised to have 110% upside by year-end. Advanced Micro Devices, Franklin Resources, Chipotle Mexican Grill, Xilinx and Waters Corp. are set to have double-digit losses.

  • The Zacks Analyst Blog Highlights: CMS Energy, Alpine Immune Sciences, Kohl's, Franklin Resources and Dominion Energy
    Zacks13 days ago

    The Zacks Analyst Blog Highlights: CMS Energy, Alpine Immune Sciences, Kohl's, Franklin Resources and Dominion Energy

    The Zacks Analyst Blog Highlights: CMS Energy, Alpine Immune Sciences, Kohl's, Franklin Resources and Dominion Energy

  • 5 High-Yielding Stocks to Buy Ahead of Q1 Earnings Season
    Zacks13 days ago

    5 High-Yielding Stocks to Buy Ahead of Q1 Earnings Season

    Expectations for first-quarter 2019 earnings are far from encouraging at present.

  • AllianceBernstein (AB) March AUM Up on Market Appreciation
    Zacks13 days ago

    AllianceBernstein (AB) March AUM Up on Market Appreciation

    AllianceBernstein (AB) records 1.5% sequential rise in its AUM for March 2019, driven by market appreciation and net inflows.

  • 5 Best Stocks to Buy Ahead of Q1 Earnings Season
    Zacks14 days ago

    5 Best Stocks to Buy Ahead of Q1 Earnings Season

    Total earnings for the S&P 500 companies are estimated to drop 4% from the same period last year, which would be the first quarterly decline since 2016. Revenues are expected to rise 4.6%.

  • The Zacks Analyst Blog Highlights: Antero Resources, Jones Lang LaSalle, Franklin Resources, Sanderson Farms and Schnitzer Steel Industries
    Zacks15 days ago

    The Zacks Analyst Blog Highlights: Antero Resources, Jones Lang LaSalle, Franklin Resources, Sanderson Farms and Schnitzer Steel Industries

    The Zacks Analyst Blog Highlights: Antero Resources, Jones Lang LaSalle, Franklin Resources, Sanderson Farms and Schnitzer Steel Industries

  • Markit15 days ago

    See what the IHS Markit Score report has to say about Franklin Resources Inc.

    Franklin Resources Inc NYSE:BENView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for BEN with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding BEN is favorable, with net inflows of $24.10 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although BEN credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GlobeNewswire15 days ago

    Michael A. Cabanas Named Regional Managing Director of Fiduciary Trust’s Coral Gables Office

    Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announced today that Michael A. Cabanas, managing director and head of relationship development for Fiduciary Trust International of the South, has been appointed regional managing director for the firm’s South Florida office in Coral Gables. Linda Krouner, his predecessor as regional managing director, will split her time between Fiduciary Trust’s offices in Coral Gables and New York, where she will continue to play an active role in client and portfolio management.

  • Franklin Resources (BEN) March 2019 AUM Falls on Net Outflows
    Zacks15 days ago

    Franklin Resources (BEN) March 2019 AUM Falls on Net Outflows

    Franklin Resources' (BEN) AUM for March falls marginally on net outflows. However, the total fixed income assets rise.

  • Business Wire15 days ago

    EvoNexus Launches SoCal’s First FinTech Incubator in Collaboration with Royal Bank of Canada and Franklin Templeton

    EvoNexus, Southern California’s leading startup technology incubator, today announced it is opening the region’s first financial technology (FinTech) incubator with strategic founding sponsors, Royal Bank of Canada (RBC) and Franklin Templeton. The new incubator will serve as the premier SoCal center for FinTech innovation with startups focusing on technology areas that will impact financial services companies of all sizes and the customers they serve.

  • GlobeNewswire16 days ago

    Franklin Resources, Inc. Announces Month-End Assets Under Management

    SAN MATEO, Calif., April 08, 2019 -- Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $712.3 billion at.

  • Rally to Continue Despite Likely Q1 Earnings Dip: 5 Picks
    Zacks16 days ago

    Rally to Continue Despite Likely Q1 Earnings Dip: 5 Picks

    First quarter's earnings decline may be a temporary phenomenon as several catalysts are there to drive corporate earnings in the near future.

  • Carlyle to Acquire Minority Stake in a Global Energy Company
    Zacks16 days ago

    Carlyle to Acquire Minority Stake in a Global Energy Company

    Reportedly, Carlyle (CG) will buy as much as 40% of Cepsa from its majority shareholder, Mubadala.

  • 6 Reasons That Make Evercore (EVR) Stock Investment Worthy
    Zacks16 days ago

    6 Reasons That Make Evercore (EVR) Stock Investment Worthy

    Evercore (EVR) appears to be a promising buy, riding on revenue growth, earnings strength and steady capital-deployment activities.