BEN - Franklin Resources, Inc.

NYSE - NYSE Delayed Price. Currency in USD
32.82
-0.10 (-0.30%)
At close: 4:01PM EDT
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Previous Close32.92
Open32.97
Bid29.60 x 900
Ask35.08 x 4000
Day's Range32.69 - 33.35
52 Week Range29.95 - 45.96
Volume8,843,911
Avg. Volume3,233,174
Market Cap17.298B
Beta1.45
PE Ratio (TTM)26.92
EPS (TTM)1.22
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield0.92 (2.88%)
Ex-Dividend Date2018-09-27
1y Target Est32.12
Trade prices are not sourced from all markets
  • See what the IHS Markit Score report has to say about Franklin Resources Inc.
    Markit3 days ago

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

    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. Index (PMI) data, output in the Financials sector is rising.

  • Goldman's Asset Management Unit Buys Turkey & Argentina Debt
    Zacks4 days ago

    Goldman's Asset Management Unit Buys Turkey & Argentina Debt

    Goldman (GS) feels that the emerging markets of Turkey and Argentina are profitable despite ongoing trade tensions.

  • GlobeNewswire4 days ago

    Franklin Limited Duration Income Trust Declares Monthly Distribution

    Franklin Limited Duration Income Trust [NYSE American:FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0970 per common share, payable October 15, 2018, to shareholders of record on September 28, 2018 (Ex-Dividend Date: September 27, 2018) (the “October Distribution”).  As announced on September 13, 2018, the Board of Franklin Limited Duration Income Trust has approved a transferable rights offering pursuant to which each shareholder will receive one transferable right for each common share held on the rights offering record date of September 21, 2018. Any common shares issued pursuant to the exercise of rights after September 28, 2018 will not receive the October Distribution.

  • GlobeNewswire4 days ago

    Franklin Universal Trust Declares Monthly Distribution

    SAN MATEO, Calif., Sept. 18, 2018-- Franklin Universal Trust, a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable October 15, ...

  • See what the IHS Markit Score report has to say about Franklin Resources Inc.
    Markit5 days ago

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

    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. Index (PMI) data, output in the Financials sector is rising.

  • Morningstar9 days ago

    Reassessing Asset Managers' Moats

    This resulted in several downgrades, one upgrade, and a handful of changes in our fair value estimates. As we look at the industry today, we see a confluence of a few issues--poor relative active investment performance, the growth and acceptance of low-cost index-based products, and the expanding power of the retail-advised channel--that have made it increasingly difficult for asset managers that run predominantly active portfolios to generate organic growth, leaving them more dependent on market gains to drive managed asset levels higher. While we continue to believe that there will be room for active management, we expect the advantage will go to asset managers with greater scale, established brands, solid long-term performance, and reasonable fees.

  • See what the IHS Markit Score report has to say about Franklin Resources Inc.
    Markit10 days ago

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

    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. Index (PMI) data, output in the Financials sector is rising.

  • GlobeNewswire10 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 $0.0971 per common share payable September 14, 2018, to shareholders of record as of August 31, 2018.  It is currently estimated that $0.0480 per share represents net investment income and $0.0491 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%, 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.

  • GlobeNewswire11 days ago

    Dr. Sonal Desai to be Named Chief Investment Officer of Franklin Templeton Fixed Income Group

    Franklin Templeton Investments today announced that Dr. Sonal Desai will be named chief investment officer of Franklin Templeton Fixed Income Group, effective December 31, 2018, following nearly a decade of service to the firm. In this role, Dr. Desai will oversee the firm’s corporate credit, emerging markets debt, bank loan, global aggregate, securitized, money market, multi-sector, municipal and local fixed income strategies and teams, which manage a total of $157 billion in fixed income assets for investors around the world. Dr. Desai will take on this new role upon Chris Molumphy’s retirement at the end of the year.

  • Avoid Franklin (BEN), Buy These 3 Investment Managers Instead
    Zacks11 days ago

    Avoid Franklin (BEN), Buy These 3 Investment Managers Instead

    While Franklin's (BEN) upside potential appears limited for the near term, there are a few investment management stocks that look promising.

  • Franklin's (BEN) August AUM Descends 1.5% on Net Outflows
    Zacks11 days ago

    Franklin's (BEN) August AUM Descends 1.5% on Net Outflows

    Franklin Resources' (BEN) preliminary assets under management (AUM) of $722.4 billion, for August 2018, down 1.5% from the prior month, impacted by net market declines and net outflows.

  • GlobeNewswire11 days ago

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

    SAN MATEO, Calif., Sept. 11, 2018-- Franklin Resources, Inc. today reported preliminary month-end assets under management of $722.4 billion at August 31, 2018, compared to $733.7 billion at July 31, 2018. ...

  • Franklin (BEN) Strikes Joint Venture With Asia Alternatives
    Zacks12 days ago

    Franklin (BEN) Strikes Joint Venture With Asia Alternatives

    Franklin Resources (BEN) displays commitment to expand into alternatives and private equity markets by entering into a joint venture with Asia Alternatives.

  • See what the IHS Markit Score report has to say about Franklin Resources Inc.
    Markit12 days ago

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

    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. Index (PMI) data, output in the Financials sector is rising.

  • GlobeNewswire13 days ago

    Franklin Templeton Investments Enters Joint Venture Partnership with Asia Alternatives to Launch Franklin Templeton Private Equity

    SAN MATEO, Calif., Sept. 10, 2018-- Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton Investments, today announced a new joint venture with Asia private ...

  • GlobeNewswire16 days ago

    Fiduciary Trust Continues Expansion in South Florida, Adding Michael Schiff as Managing Director in Boca Raton

    Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, announced today that Michael Schiff has joined the firm as a managing director in its Boca Raton office. Mr. Schiff has more than 20 years of experience developing financial solutions and innovative wealth planning and transfer strategies, and delivering them to high-net-worth and ultra-high-net-worth clients.

  • GlobeNewswire19 days ago

    Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution

    FORT LAUDERDALE, Fla., Sept. 04, 2018-- Templeton Emerging Markets Income Fund today announced a monthly distribution from net investment income of $0.0745 per share, payable on September 28, 2018, to ...

  • GuruFocus.com20 days ago

    Stocks That Fell to 3-Year Lows in the Week of Aug. 31

    Philip Morris International Inc. (PM), Southern Co. (SO), Franklin Resources Inc. (BEN), and Ford Motor Co. (NYSE:F) have declined to their three-year lows. The prices of Philip Morris International Inc. (PM) shares have declined to $77.89 on Aug. 31, which is only 2.2% above the 3-year low of $76.21. Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand.

  • See what the IHS Markit Score report has to say about Franklin Resources Inc.
    Markit24 days ago

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

    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. Index (PMI) data, output in the Financials sector is rising.

  • GlobeNewswire25 days ago

    Franklin Universal Trust Refinances Senior Fixed Rate Notes

    SAN MATEO, Calif., Aug. 28, 2018-- Franklin Universal Trust, a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 2.87% senior fixed rate ...

  • GlobeNewswire25 days ago

    Franklin Resources, Inc. Announces Quarterly Dividend

    SAN MATEO, Calif., Aug. 28, 2018-- Franklin Resources, Inc. announced a quarterly cash dividend in the amount of $0.23 per share payable on October 12, 2018 to stockholders of record holding shares of ...

  • PR Newswire26 days ago

    Executives From Seven Public Companies Elected To EvoNexus Board Of Directors

    Companies Include Cubic Corporation (CUB), Franklin Templeton Investments (BEN), Union Bank (MUFG), ANSYS (ANSS), Torrey Pines Bank (WAL), InterDigital (IDCC), Symantec (SYMC) and INBRACE SAN DIEGO , Aug. ...

  • Here are the Bay Area’s highest-paid CEOs in finance
    American City Business Journals26 days ago

    Here are the Bay Area’s highest-paid CEOs in finance

    The Bay Area's financial services companies focused on leveraging finance and technology are doing well and paying executives handsomely.

  • Franklin Resources' Cost Control Efforts On Track, AUM Falls
    Zacks27 days ago

    Franklin Resources' Cost Control Efforts On Track, AUM Falls

    Franklin Resources (BEN) benefits from cost containment measures and inorganic strategies. However, falling investment management fees remain a key headwind.

  • GlobeNewswire29 days ago

    Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution

    FORT LAUDERDALE, Fla., Aug. 24, 2018-- Templeton Dragon Fund, Inc. today announced a total distribution of $1.6114, comprised of net investment income of $0.2087 per share, short-term capital gains distribution ...