BEN - Franklin Resources, Inc.
| Previous Close | 35.55 |
| Open | 35.52 |
| Bid | 35.30 x 1000 |
| Ask | 35.31 x 1100 |
| Day's Range | 35.22 - 35.60 |
| 52 Week Range | 27.34 - 35.82 |
| Volume | 1,789,360 |
| Avg. Volume | 2,779,272 |
| Market Cap | 17.986B |
| Beta (3Y Monthly) | 0.94 |
| PE Ratio (TTM) | 11.60 |
| EPS (TTM) | 3.04 |
| Earnings Date | Apr 26, 2019 |
| Forward Dividend & Yield | 1.04 (3.14%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 30.92 |
- Zacks•yesterday
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.
- GlobeNewswire•3 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.
- GlobeNewswire•3 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.
- GlobeNewswire•4 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.
- Zacks•8 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.com•9 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.
- GlobeNewswire•9 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.
- GlobeNewswire•9 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.
- CNBC•9 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.
- Zacks•9 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
- Zacks•9 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.
- Zacks•9 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.
- Zacks•10 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%.
- Zacks•11 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
- Markit•11 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.
- GlobeNewswire•11 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.
- Zacks•11 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 Wire•11 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.
- GlobeNewswire•12 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.
- Zacks•12 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.
- Zacks•12 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.
- Zacks•12 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.
- GlobeNewswire•15 days ago
Franklin Resources, Inc. to Announce Second Quarter Results on April 26, 2019
SAN MATEO, Calif., April 05, 2019 -- On Friday, April 26, 2019 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) will release its.
- Zacks•16 days ago
Federated (FII) or Franklin (BEN): Which is a Better Pick?
Federated (FII) and Franklin (BEN) are good options with similar business trends, but deeper research into their financials will help decide which investment option is better.
