BEN - Franklin Resources, Inc.
| Previous Close | 33.64 |
| Open | 33.83 |
| Bid | 33.01 x 200 |
| Ask | 33.36 x 200 |
| Day's Range | 33.09 - 34.02 |
| 52 Week Range | 32.41 - 47.65 |
| Volume | 3,703,333 |
| Avg. Volume | 3,890,766 |
| Market Cap | 18.044B |
| Beta | 1.54 |
| PE Ratio (TTM) | 27.90 |
| EPS (TTM) | 1.19 |
| Earnings Date | Apr 26, 2018 |
| Forward Dividend & Yield | 0.92 (2.76%) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 35.92 |
- Zacks•23 hours ago
Will Lower AUM Drag Down Franklin's (BEN) Earnings in Q2?
Franklin's (BEN) second-quarter fiscal 2018 results will likely reflect the benefit from the mixed market performance during the Jan-March period.
Market Realist•2 days agoState Street Beats Earnings per Share and Revenue Estimates
State Street Corporation (STT) beat analysts’ expectations for earnings per share or EPS as well as revenues for 1Q18. The company reported EPS of $1.62, beating analysts’ projections by $0.04. The EPS reflect a substantial rise of 41% on a YoY basis. Management reflected favorable views for the 1Q18 results and stated that they were helped by favorable momentum in net interest income as well as fee revenues.
- GlobeNewswire•7 days ago
Franklin Universal Trust Declares Monthly Distribution
SAN MATEO, Calif., April 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 May 15, 2018, ...
- GlobeNewswire•7 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 $0.0998 per common share, payable May 15, 2018, to shareholders of record on April 30, 2018 (Ex-Dividend Date: April 27, 2018). 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.
Market Realist•9 days agoA Look at Invesco’s Total AUM
On January 31, 2018, Invesco Limited (IVZ) reported its total assets under management (or AUM) of $972.6 billion, which represented a rise compared to its December 2017 level. This increase resulted from upward momentum in the markets as well as an increased money market AUM. However, inflows with respect to non-management fee-earning AUM, net long-term inflows, and foreign exchange also contributed.
- GlobeNewswire•12 days ago
Franklin Limited Duration Income Trust Announces Sources of Monthly Dividend Distribution
SAN MATEO, Calif., April 13, 2018-- The Franklin Limited Duration Income Trust has declared a dividend of $0.1011 per common share payable April 13, 2018, to shareholders of record as of March 29, 2018. ...
- Market Realist•12 days ago
Factors that Led to a Rise in Invesco’s Total Operating Expenses
Invesco Limited (IVZ) incurred total operating expenses of $3.8 billion in 2017 compared to $3.5 billion in 2016, implying an increase of 9.1% year-over-year. The company incurred expenses of ~$1.5 billion in 2017 in third-party distribution, service, and advisory services. In 2016, it incurred operating expenses of $1.4 billion. The company’s employee compensation expenses totaled $1.5 billion in 2017 and in 2016, it incurred $1.3 billion.
- Market Realist•12 days ago
What Led to a Decline in Invesco’s March 2018 AUM?
On March 31, 2018, Invesco Limited’s (IVZ) total assets under management (or AUM) totaled $934.2 billion, which implies a 1.2% fall compared to February. This decline resulted from a decline in the equity markets, outflows seen in the non-management fee-earning AUM, and lower money market AUM. However, net long-term outflows also contributed to the decline. These outflows exclude reinvested distributions.
Market Realist•13 days agoWhat’s Expected from Invesco Moving Forward?
In fiscal 2017, Invesco Limited (IVZ) reported total net inflows of $11.3 billion. Wall Street analysts have given a high estimate for its 1Q18 earnings per share (or EPS) of $0.72, and they gave a low estimate of $0.64.
Market Realist•13 days agoState Street: What Analysts Have to Say in April 2018
State Street Corporation (STT) is covered by 20 analysts in April 2018. Five analysts suggested a “strong buy” for STT stock, and 11 recommended a “hold” rating. The remaining four analysts recommended a “buy” on the stock.
Market Realist•13 days agoWhy State Street Has Lower Valuations
The price-to-earnings ratio of State Street Corporation (STT) is ~12.6x on an NTM (next-12-months) basis. This ratio implies discounted valuations, as the average of its competitors is ~15.0x.
- MarketWatch•13 days ago
Franklin Resources boosts stock buyback program after shares close at near 2-year low
Shares of Franklin Resources Inc. climbed 0.7% in premarket trade Thursday, after the investment management company increased its stock repurchase program, which could be valued at up to $2.6 billion at ...
- GlobeNewswire•13 days ago
Franklin Resources, Inc. Announces Addition to Stock Repurchase Program
SAN MATEO, Calif., April 12, 2018-- Franklin Resources, Inc. today announced that its Board of Directors has authorized the Company to repurchase, from time to time, up to an additional 80.0 million shares ...
- Market Realist•13 days ago
State Street: A Look at Total Assets under Management
State Street Corporation’s (STT) total assets under management (or AUM) are expected to be negatively impacted in 1Q18 by the performance of the equity markets. The company ended fiscal 2017 with total AUM of ~$2.8 trillion, with an equity component of ~$1.7 trillion.
- GlobeNewswire•14 days ago
Paulina Mejia Honored by Crain’s New York Business as one of the ‘Notable Women in Finance in NYC’
NEW YORK, April 11, 2018-- Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, is proud to announce that Paulina Mejia, regional ...
- Market Realist•14 days ago
What’s ahead for State Street’s Investment Servicing Business?
In 4Q17, State Street Corporation (STT) generated total revenues of ~$2.9 billion. T. Rowe Price Group (TROW), BlackRock (BLK), and Franklin Resources (BEN) generated revenues of ~$1.3 billion, ~$3.5 billion, and ~$1.6 billion, respectively, in the December 2017 quarter.
- GlobeNewswire•15 days ago
Franklin Resources, Inc. to Announce Second Quarter Results on April 26, 2018
SAN MATEO, Calif., April 10, 2018-- On Thursday, April 26, 2018 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. will release its second fiscal quarter 2018 operating results. A written ...
- Zacks•15 days ago
Franklin's (BEN) March AUM Declines, Net Outflows Recorded
Franklin Resources' (BEN) preliminary assets under management (AUM) of $737.5 billion for March 2018 down around 1% from the prior month, impacted by net market losses and outflows.
- GlobeNewswire•16 days ago
Franklin Resources, Inc. Announces Month-End Assets Under Management
SAN MATEO, Calif., April 09, 2018-- Franklin Resources, Inc. today reported preliminary month-end assets under management of $737.5 billion at March 31, 2018, compared to $744.9 billion at February 28, ...
- GlobeNewswire•19 days ago
Analysis: Positioning to Benefit within Franklin Resources, Intercontinental Exchange, CubeSmart, Apollo Global Management, Prospect Capital, and MEDIFAST INC — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, April 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
- Morningstar•20 days ago
This Fund Tries To Profit From Carnage
Bronze-rated Franklin Mutual Quest's portfolio comprises cheap stocks, merger-arbitrage plays, and distressed debt from around the globe.
- GlobeNewswire•21 days ago
Suzanne E. Kline Joins Fiduciary Trust as Regional Managing Director for Northern California
NEW YORK, April 04, 2018-- Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, announces that Suzanne E. Kline has joined the firm ...
- GlobeNewswire•23 days ago
Templeton Global Income Fund (“GIM”) Announces Distribution
FORT LAUDERDALE, Fla., April 02, 2018-- Templeton Global Income Fund today announced a monthly distribution from net investment income of $0.0336 per share, payable on April 30, 2018, to shareholders of ...
- GlobeNewswire•27 days ago
Templeton Emerging Markets Fund ("EMF") Announces Results of the Reconvened Annual Meeting of Shareholders
FORT LAUDERDALE, Fla., March 29, 2018-- Templeton Emerging Markets Fund, a closed-end management investment company, announced the final results of voting at the reconvened Annual Meeting of Shareholders ...
Yahoo Finance Video•7 days agoEARNINGS: Morgan Stanley beats, seeks reversal of the 'sell-the-news' trend
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action after the Wall Street investment bank reports Q1 earnings.
