Franklin Resources Stock Today

BEN Stock  USD 28.11  0.48  1.74%   

Performance

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Odds Of Distress

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Franklin Resources is selling at 28.11 as of the 28th of March 2024; that is 1.74 percent up since the beginning of the trading day. The stock's open price was 27.63. Franklin Resources has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Franklin Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
7th of September 1984
Classification
Financials
Franklin Resources, Inc. is a publicly owned asset management holding company. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India. Franklin Resources operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 526.56 M outstanding shares of which 20.48 M shares are currently shorted by investors with about 6.05 days to cover. More on Franklin Resources

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Franklin Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Franklin Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Franklin Resources' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanGregory Johnson
Thematic IdeaFinTech (View all Themes)
Old Names[Franklin Resources Inc, Franklin Resources Inc, Franklin Resources Inc, Franklin Resources Inc]
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, SP 500 Index, NYSE US 100, SPASX 100, Australia All Ordinaries, SPASX All Australian, SPASX 300, SPASX 200, SPASX Midcap 50, SPASX 200 Accumulated, FinTech, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Franklin Resources report their recommendations after researching Franklin Resources' financial statements, talking to executives and customers, or listening in on Franklin Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Franklin Resources. The Franklin consensus assessment is calculated by taking the average forecast from all of the analysts covering Franklin Resources.
Financial Strength
Based on the key indicators related to Franklin Resources' liquidity, profitability, solvency, and operating efficiency, Franklin Resources may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Franklin Resources is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0320.0337
Notably Down
Slightly volatile
Asset Turnover0.280.3
Significantly Down
Slightly volatile
Gross Profit Margin0.690.64
Significantly Up
Pretty Stable
Total Current LiabilitiesB1.6 B
Way Down
Slightly volatile
Non Current Liabilities Total18.3 B17.4 B
Sufficiently Up
Slightly volatile
Total Assets36.4 B34.6 B
Sufficiently Up
Slightly volatile
Total Current Assets5.1 B6.6 B
Significantly Down
Pretty Stable
Total Cash From Operating Activities1.1 B1.3 B
Fairly Down
Very volatile
Franklin Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Franklin Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Franklin Resources' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Franklin Resources' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Franklin Resources' financial leverage. It provides some insight into what part of Franklin Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Franklin Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Franklin Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Franklin Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 11.75 B in debt with debt to equity (D/E) ratio of 0.28, which may show that the company is not taking advantage of profits from borrowing. Franklin Resources has a current ratio of 4.28, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Franklin Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Franklin Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Franklin Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Franklin to invest in growth at high rates of return. When we think about Franklin Resources' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

3.18 Billion
Franklin Resources (BEN) is traded on New York Stock Exchange in USA. It is located in One Franklin Parkway, San Mateo, CA, United States, 94403 and employs 9,100 people. Franklin Resources is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 14.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Franklin Resources's market, we take the total number of its shares issued and multiply it by Franklin Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Franklin Resources runs under Capital Markets sector within Financials industry. The entity has 526.56 M outstanding shares of which 20.48 M shares are currently shorted by investors with about 6.05 days to cover. Franklin Resources has about 4.78 B in cash with 1.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.64.
Check Franklin Resources Probability Of Bankruptcy
Ownership Allocation
Franklin Resources holds a total of 526.56 Million outstanding shares. Franklin Resources retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Franklin Ownership Details

Franklin Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Franklin Resources jumping above the current price in 90 days from now is about 33.36%. The Franklin Resources probability density function shows the probability of Franklin Resources stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2123 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Franklin Resources will likely underperform. Additionally, franklin Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 28.11HorizonTargetOdds Above 28.11
66.33%90 days
 28.11 
33.36%
Based on a normal probability distribution, the odds of Franklin Resources to move above the current price in 90 days from now is about 33.36 (This Franklin Resources probability density function shows the probability of Franklin Stock to fall within a particular range of prices over 90 days) .

Franklin Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Franklin Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Franklin Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Franklin Resources' value.
InstituionRecorded OnShares
Royal Bank Of Canada2023-12-31
3.2 M
Dimensional Fund Advisors, Inc.2023-12-31
3.1 M
Northern Trust Corp2023-12-31
2.9 M
Legal & General Group Plc2023-12-31
2.4 M
Charles Schwab Investment Management Inc2023-12-31
1.9 M
Gallagher Fiduciary Advisors, Llc2023-12-31
1.7 M
Norges Bank2023-12-31
1.7 M
Ubs Asset Mgmt Americas Inc2023-12-31
1.6 M
Wedge Capital Management, Llp2023-12-31
1.5 M
Vanguard Group Inc2023-12-31
32.3 M
Blackrock Inc2023-12-31
29.5 M
View Franklin Resources Diagnostics

Franklin Resources Historical Income Statement

Franklin Resources Income Statement is one of the three primary financial statements used for reporting Franklin's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Franklin Resources revenue and expense. Franklin Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Franklin Resources' Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2024, Total Other Income Expense Net is likely to grow to about 527.8 M, while Gross Profit is likely to drop about 2.6 B. View More Fundamentals

Franklin Stock Against Markets

Picking the right benchmark for Franklin Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Resources is critical whether you are bullish or bearish towards Franklin Resources at a given time. Please also check how Franklin Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Franklin Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Franklin Resources Corporate Directors

Franklin Resources corporate directors refer to members of a Franklin Resources board of directors. The board of directors generally takes responsibility for the Franklin Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Franklin Resources' board members must vote for the resolution. The Franklin Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Seth WaughIndependent DirectorProfile
Peter BarkerLead Independent DirectorProfile
Geoff YangIndependent DirectorProfile
Charles JohnsonDirectorProfile

How to buy Franklin Stock?

Before investing in Franklin Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Resources. To buy Franklin Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Franklin Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Franklin Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Franklin Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Franklin Stock please use our How to Invest in Franklin Resources guide.

Already Invested in Franklin Resources?

The danger of trading Franklin Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Franklin Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.
Note that the Franklin Resources information on this page should be used as a complementary analysis to other Franklin Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Franklin Resources' price analysis, check to measure Franklin Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Resources is operating at the current time. Most of Franklin Resources' value examination focuses on studying past and present price action to predict the probability of Franklin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Resources' price. Additionally, you may evaluate how the addition of Franklin Resources to your portfolios can decrease your overall portfolio volatility.
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Is Franklin Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Resources. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.55
Dividend Share
1.21
Earnings Share
1.9
Revenue Per Share
16.09
Quarterly Revenue Growth
0.012
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.