Franklin Resources Stock Today

BEN Stock  USD 21.96  0.24  1.10%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 6

 
High
 
Low
Low
Franklin Resources is selling at 21.96 as of the 24th of November 2024; that is 1.10 percent increase since the beginning of the trading day. The stock's open price was 21.72. Franklin Resources has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during 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 4th of January 2023 and ending today, the 24th of November 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 523.67 M outstanding shares of which 27.48 M shares are currently shorted by investors with about 7.15 days to cover. More on Franklin Resources

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Franklin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanGregory Johnson
Thematic IdeaFinTech (View all Themes)
Old Names[Bens Creek Group PLC, Franklin Resources Inc, Franklin Resources Inc, Franklin Resources Inc, Franklin Resources Inc]
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, SPASX 300, NYSE 100 Index, SP 500 Index, SPASX 100, Australia All Ordinaries, SPASX All Australian, FinTech, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01360.0143
Notably Down
Slightly volatile
Asset Turnover0.250.2611
Sufficiently Down
Slightly volatile
Gross Profit Margin0.690.7802
Fairly Down
Very volatile
Total Current Liabilities1.1 B1.4 B
Significantly Down
Slightly volatile
Non Current Liabilities Total17.4 B16.5 B
Sufficiently Up
Slightly volatile
Total Assets34.1 B32.5 B
Sufficiently Up
Slightly volatile
Total Current Assets5.4 B4.8 B
Moderately Up
Very volatile
Total Cash From Operating Activities1.1 B971.3 M
Moderately Up
Very volatile
Debt Levels
Franklin Resources can leverage 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.
Liquidity
Franklin Resources has 965.1 M 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. Note however, debt could still be an excellent tool for Franklin to invest in growth at high rates of return.

Other Cashflows From Financing Activities

134.71 Million
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 10,200 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 11.5 B. Franklin Resources runs under Capital Markets sector within Financials industry. The entity has 523.67 M outstanding shares of which 27.48 M shares are currently shorted by investors with about 7.15 days to cover. Franklin Resources has about 4.78 B in cash with 971.3 M 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 523.67 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. 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 Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada2024-06-30
3.8 M
Voloridge Investment Management, Llc2024-09-30
3.6 M
First Trust Advisors L.p.2024-06-30
3.5 M
Charles Schwab Investment Management Inc2024-09-30
M
Northern Trust Corp2024-09-30
2.8 M
Aqr Capital Management Llc2024-06-30
2.5 M
Amundi2024-06-30
2.4 M
Vest Financial2024-09-30
2.2 M
Legal & General Group Plc2024-06-30
2.2 M
Vanguard Group Inc2024-09-30
36.6 M
Power Corporation Of Canada2024-09-30
32.3 M
View Franklin Resources Diagnostics

Franklin Resources Historical Income Statement

At this time, Franklin Resources' Income Tax Expense is very stable compared to the past year. As of the 24th of November 2024, Selling General Administrative is likely to grow to about 909.2 M, while Total Revenue is likely to drop about 4.4 B. View More Fundamentals

Franklin Stock Against Markets

Franklin Resources Corporate Directors

Seth WaughIndependent DirectorProfile
Peter BarkerLead Independent DirectorProfile
Charles JohnsonDirectorProfile
Laura SteinIndependent DirectorProfile
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 closely tied 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.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Asset Management & Custody Banks space 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
(0.27)
Dividend Share
1.24
Earnings Share
0.85
Revenue Per Share
16.64
Quarterly Revenue Growth
0.113
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.