Franklin Resources (NYSE The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily tra…NYSE
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Is Franklin Resources (FFR) a good stock to buy now?
According to analysts' consensus price target of $34.75, Franklin Resources has a forecasted downside of 1.4% from its current price of $35.23. Franklin Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Franklin Resources has received 446 “outperform” votes.
When will Franklin Resources stock pay its next quarterly dividend?
BEN's next quarterly dividend payment will be made to shareholders of record on Thursday, July 15. The company has grown its dividend for the last 40 consecutive years and is increasing its dividend by an average of 9.51% each year. Franklin Resources pays out 42.91% of its earnings out as a dividend.
What are analysts'forecasts for Franklin Resources'stock price?
Their forecasts range from $24.00 to $45.00. On average, they anticipate Franklin Resources' stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
How much of Franklin Resources'stock is owned by institutions?
43.65% of the stock of Franklin Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Franklin Resources are expected to grow by 6.72% in the coming year, from $3.57 to $3.81 per share.
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What is Franklin Resources?
Franklin Resources Inc., headquartered in San Mateo, CA, is a global investment management company. The majority of its operating revenue and net income is derived from investment advisory and related services to retail mutual funds, institutional and private accounts and other investment products. The mutual funds and other products are sold to the public under 11 brands: Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management, Benefit Street Partners, K2, LibertyShares and Edinburgh Partners.
Where is Franklin Resources located?
Franklin Resources Inc., headquartered in San Mateo, CA , is a global investment management company. The majority of its operating revenue and net income is derived from investment advisory and related services to retail mutual funds, institutional and private accounts and other investment products.
Does Zackstrade endorse or recommend investment strategies?
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
What is the dividend payout ratio of Franklin Resources?
Franklin Resources has been increasing its dividend for 40 years. The dividend payout ratio of Franklin Resources is 42.91%. This payout ratio is at a healthy, sustainable level, below 75%.
Where is Franklin Resources located?
Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Is Franklin Resources a publicly owned company?
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
What is Franklin Resources?
Franklin Resources Inc., headquartered in San Mateo, CA, is a global investment management company. The majority of its operating revenue and net income is derived from investment advisory and related services to retail mutual funds, institutional and private accounts and other investment products. The mutual funds and other products are sold to the public under 11 brands: Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management, Benefit Street Partners, K2, LibertyShares and Edinburgh Partners.
Who owns AdvisorEngine Inc?
In May, Franklin acquired AdvisorEngine Inc., a digital wealth platform and provider of technology and consulting services. Further, in March, Franklin’s wholly-owned subsidiary — Fiduciary Trust Company International — a global wealth manager completed the acquisition of Athena Capital Advisors, LLC with around $6 billion in AUM.
Does Zackstrade endorse or recommend investment strategies?
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
What is Franklin Resources's dividend yield?
The current dividend yield for Franklin Resources (NYSE:BEN) is 3.82%. Learn more
How much is Franklin Resources's annual dividend?
The annual dividend for Franklin Resources (NYSE:BEN) is $1.16. Learn more
How often does Franklin Resources pay dividends?
Franklin Resources (NYSE:BEN) pays quarterly dividends to shareholders.
When was Franklin Resources's most recent dividend payment?
Franklin Resources's most recent quarterly dividend payment of $0.29 per share was made to shareholders on Friday, January 14, 2022.
Is Franklin Resources's dividend growing?
Over the past three years, Franklin Resources's dividend has grown by 18.95%.
What track record does Franklin Resources have of raising its dividend?
Franklin Resources (NYSE:BEN) has increased its dividend for the past 41 consecutive years.
When did Franklin Resources last increase or decrease its dividend?
The most recent change in Franklin Resources's dividend was an increase of $0.01 on Tuesday, December 14, 2021.
