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Franklin Resources Inc Stock Research

BEN

26.94USD+0.68(+2.59%)Market Closed

Market Summary

USD26.94+0.68
Market Closed
2.59%

BEN Alerts

BEN Stock Price

BEN RSI Chart

BEN Valuation

Market Cap

13.5B

Price/Earnings (Trailing)

13.42

Price/Sales (Trailing)

1.68

EV/EBITDA

8.39

Price/Free Cashflow

9.4

BEN Price/Sales (Trailing)

BEN Profitability

EBT Margin

15.75%

Return on Equity

8.61%

Return on Assets

3.42%

Free Cashflow Yield

10.63%

BEN Fundamentals

BEN Revenue

Revenue (TTM)

8.0B

Revenue Y/Y

-11.55%

Revenue Q/Q

1.45%

BEN Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

-63.46%

Earnings Q/Q

-28.84%

Price Action

52 Week Range

20.2434.37
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-10.9%

Last 90 days

-0.4%

Trailing 12 Months

-5.2%

BEN Financial Health

Debt/Equity

0.29

Debt/Cashflow

0.46

BEN Investor Care

Dividend Yield

4.36%

Dividend/Share (TTM)

1.17

Buy Backs (1Y)

0.45%

Diluted EPS (TTM)

1.96

Peers (Alternatives to Franklin Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
62.4B
8.5B
-5.56% -29.60%
35.7
7.32
-62.27% -70.16%
45.2B
5.7B
10.72% -12.40%
-53.77
7.9
-64.76% -118.02%
33.8B
14.3B
-12.32% -1.91%
10.39
2.44
6.72% -7.28%
13.5B
8.0B
-10.89% -5.21%
13.42
1.68
-7.35% -48.21%
MID-CAP
7.5B
6.0B
-8.78% -28.98%
10.91
1.23
-12.26% -50.90%
5.5B
737.1M
-9.32% -4.87%
45.82
7.52
-67.95% -74.36%
5.4B
2.3B
-12.80% -4.83%
4.75
2.34
-3.43% 102.56%
4.5B
2.8B
-14.32% 0.26%
9.47
1.62
-15.97% -35.62%
4.4B
2.2B
-5.72% -23.75%
16.08
2
-20.36% -55.18%
3.1B
2.9B
-13.81% -6.57%
8.64
1.08
-12.79% -32.30%
2.3B
618.3M
-1.76% 34.81%
22.49
3.76
16.60% 302.25%
SMALL-CAP
495.5M
154.5M
-7.96% -11.03%
12.25
3.21
-15.20% -45.51%
457.6M
40.1M
-2.57% -26.09%
25.64
11.41
-0.04% -31.55%
213.3M
554.5M
-4.57% -38.46%
85.01
0.38
-42.93% -98.83%
161.6M
197.7M
0.84% -7.62%
4
0.82
5.01% -33.91%

Financials for Franklin Resources

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-3.1%8,0188,2758,5178,6598,654
Operating Expenses1.6%6,6086,5016,5606,6296,631
  S&GA Expenses-6.6%1,7241,8461,9592,0502,109
EBITDA-23.5%1,4711,9232,3752,660-
EBITDA Margin-21.1%0.18*0.23*0.28*0.31*-
Earnings Before Taxes-27.0%1,2631,7292,2132,4562,603
EBT Margin-24.7%0.16*0.21*0.26*0.28*-
Interest Expenses11.8%11098.0085.0082.0075.00
Net Income-22.3%1,0041,2921,7251,9071,939
Net Income Margin-19.8%0.13*0.16*0.20*0.22*-
Free Cahsflow-23.2%1,4331,8661,496869-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.5%29,33528,06127,59625,83324,995
    Cash Equivalents-5.9%4,5024,7834,4795,0154,544
  Net PPE2.2%760743759744756
  Goodwill2.8%5,9435,7795,8071,105262
Liabilities4.0%14,80014,23613,81712,50511,815
  Long Term Debt-0.2%3,3713,3763,3823,3883,394
Shareholder's Equity1.7%11,66611,47511,54412,19012,196
  Retained Earnings0.6%12,11312,04611,99811,89111,892
Shares Outstanding0.1%500500498500503
Minority Interest7.9%889824741649644
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-21.6%1,5341,9571,5969701,121
  Share Based Compensation4.9%218208206198190
Cashflow From Investing-9.4%-3,643-3,329-3,359-2,489-2,532
Cashflow From Financing31.0%2,0771,5851,9761,9751,537
  Dividend Payments0.9%588583578573568
  Buy Backs-4.4%173181226221186

Risks for BEN

What is the probability of a big loss on BEN?

83.1%


Probability that Franklin Resources stock will be more than 20% underwater in next one year

40.8%


Probability that Franklin Resources stock will be more than 30% underwater in next one year.

14.2%


Probability that Franklin Resources stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BEN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Franklin Resources was unfortunately bought at previous high price.

Drawdowns

Returns for BEN

Cumulative Returns on BEN

-2.9%


10-Year Cumulative Returns

-1.3%


7-Year Cumulative Returns

-1.9%


5-Year Cumulative Returns

18.1%


3-Year Cumulative Returns

What are the long-term rolling returns for BEN?

FIve years rolling returns for Franklin Resources.

Annualized Returns

Which funds bought or sold BEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-27
Neo Ivy Capital Management
sold off
-100
-7,000
-
-%
2023-03-23
ETF MANAGERS GROUP, LLC
added
4.7
151,427
683,427
0.03%
2023-03-23
MetLife Investment Management, LLC
reduced
-1.61
334,526
1,957,610
0.02%
2023-03-17
American Portfolios Advisors
reduced
-3.99
-16,583
129,314
-%
2023-03-10
MATHER GROUP, LLC.
added
4.08
2,625,950
12,146,000
0.23%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-8.07
4,262,830
37,835,800
0.04%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
reduced
-0.7
100,701
561,701
0.04%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-3.39
24,000
150,000
-%
2023-03-01
WHITENER CAPITAL MANAGEMENT, INC.
added
16.13
137,645
459,645
0.20%
2023-02-28
Voya Investment Management LLC
reduced
-29.74
-433,053
2,691,950
-%

1–10 of 48

Latest Funds Activity

Are funds buying BEN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BEN
No. of Funds

Franklin Resources News

MarketWatch

Franklin Resources Inc. stock outperforms competitors on strong trading day.

MarketWatch,
4 hours ago

InvestorsObserver

Investor's Business Daily

Franklin Templeton

Franklin Templeton

Discovering value in Shariah equities.

Franklin Templeton,
10 days ago

DirectorsTalk Interviews

Schedule 13G FIlings of Franklin Resources

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
6.91%
34,570,289
SC 13G/A
Feb 06, 2023
state street corp
7.47%
37,357,474
SC 13G/A
Feb 01, 2023
blackrock inc.
5.9%
29,407,084
SC 13G/A
Feb 11, 2022
state street corp
5.49%
27,564,494
SC 13G/A
Feb 10, 2022
vanguard group inc
6.51%
32,682,023
SC 13G/A
Feb 01, 2022
blackrock inc.
5.4%
27,015,242
SC 13G/A
Feb 10, 2021
vanguard group inc
6.22%
31,487,649
SC 13G/A
Feb 10, 2021
state street corp
5.42%
27,405,759
SC 13G
Feb 02, 2021
blackrock inc.
5.3%
26,766,010
SC 13G
Feb 12, 2020
vanguard group inc
7.23%
36,129,484
SC 13G/A

BEN Fair Value

Franklin Resources fair value in different scenarios

The table shows the Fair Value estimates for Franklin Resources for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

25.14

-6.68%

29.05

7.83%

37.40

38.83%

72.06

167.48%

96.09

256.68%
Current Inflation

24.23

-10.06%

27.86

3.41%

35.31

31.07%

64.16

138.16%

84.47

213.55%
Very High Inflation

23.06

-14.40%

26.31

-2.34%

32.66

21.23%

54.93

103.90%

71.02

163.62%

Historical Franklin Resources Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Franklin Resources

View All Filings
Date Filed Form Type Document
Feb 27, 2023
4
Insider Trading
Feb 10, 2023
13F-HR
Fund Holdings Report
Feb 10, 2023
4
Insider Trading
Feb 10, 2023
4
Insider Trading
Feb 10, 2023
4
Insider Trading
Feb 09, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 08, 2023
4
Insider Trading
Feb 08, 2023
4
Insider Trading
Feb 08, 2023
4
Insider Trading

Latest Insider Trading transactions for BEN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-07
Thiel John W
acquired
160,022
32.12
4,982
-
2023-02-07
Byerwalter Mariann H
acquired
160,022
32.12
4,982
-
2023-02-07
Noto Anthony
acquired
160,022
32.12
4,982
-
2023-02-07
YANG GEOFFREY Y
acquired
160,022
32.12
4,982
-
2023-02-01
Sethi Alok
sold
-917,325
31.0926
-29,503
evp, technology and operations
2022-12-20
JOHNSON CHARLES B
gifted
-
-
-860,000
-
2022-12-12
JOHNSON GREGORY E
gifted
-
-
1,126
executive chairman
2022-12-12
JOHNSON GREGORY E
gifted
-
-
2,252
executive chairman
2022-12-12
JOHNSON JENNIFER M
gifted
-
-
5,630
president and ceo

1–10 of 50

Jennifer M. Johnson
10300
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.

BEN Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues  
Operating revenues$ 1,967.1$ 2,224.0
Operating Expenses  
Compensation and benefits979.2802.6
Sales, distribution and marketing388.6510.1
Information systems and technology121.4123.8
Occupancy54.556.3
Amortization of intangible assets83.258.3
General, administrative and other146.2115.2
Total operating expenses1,773.11,666.3
Operating Income194.0557.7
Other Income (Expenses)  
Investment and other income, net91.157.0
Interest expense(30.9)(19.3)
Expenses of consolidated investment products7.613.2
Other Income, Net35.1138.2
Income before taxes229.1695.9
Taxes on income60.3151.1
Net income168.8544.8
Less: net income (loss) attributable to  
Redeemable noncontrolling interests(1.5)7.5
Nonredeemable noncontrolling interests4.784.1
Net income attributable to Franklin Resources, Inc.$ 165.6$ 453.2
Earnings per Share  
Basic$ 0.32$ 0.89
Diluted$ 0.32$ 0.88
CIPs [Member]  
Other Income (Expenses)  
Investment and other income, net$ (13.6)$ 104.7
Expenses of consolidated investment products(11.5)(4.2)
Less: net income (loss) attributable to  
Redeemable noncontrolling interests(12.2)(4.8)
Investment management fees [Member]  
Operating Revenues  
Operating revenues1,631.81,760.5
Sales and distribution fees [Member]  
Operating Revenues  
Operating revenues291.9398.2
Shareholder servicing fees [Member]  
Operating Revenues  
Operating revenues33.447.7
Other [Member]  
Operating Revenues  
Operating revenues$ 10.0$ 17.6

BEN Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Sep. 30, 2022
Assets  
Receivables$ 1,291.8$ 1,264.8
Investments2,045.81,651.3
Total investments, at fair value969.6613.5
Property and equipment, net759.9743.3
Goodwill5,942.85,778.6
Intangible assets, net5,154.75,082.1
Operating lease right-of-use assets475.7464.5
Other426.6395.4
Total Assets29,335.128,060.6
Liabilities  
Compensation and benefits1,057.71,464.4
Accounts payable and accrued expenses604.9466.2
Income taxes665.6523.1
Debt3,370.53,376.4
Deferred tax liabilities258.2347.8
Operating lease liabilities539.0528.4
Other1,545.71,425.0
Total liabilities14,800.414,235.9
Commitments and Contingencies (Note 10)
Redeemable Noncontrolling Interests1,979.21,525.8
Stockholders’ Equity  
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued0.00.0
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 500,265,643 and 499,575,175 shares issued and outstanding at December 31, 2022 and September 30, 202250.050.0
Retained earnings12,112.612,045.6
Accumulated other comprehensive loss(496.3)(621.0)
Total Franklin Resources, Inc. stockholders’ equity11,666.311,474.6
Nonredeemable noncontrolling interests889.2824.3
Total stockholders’ equity12,555.512,298.9
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity29,335.128,060.6
CIPs [Member]  
Assets  
Cash and cash equivalents954.4647.6
Receivables91.6134.0
Total investments, at fair value8,735.67,898.1
Total Assets9,781.68,679.7
Liabilities  
Accounts payable and accrued expenses594.3646.9
Debt6,164.55,457.7
Other21.1175.0
Total liabilities6,779.96,279.6
Redeemable Noncontrolling Interests1,379.7942.2
Stockholders’ Equity  
Total Franklin Resources, Inc. stockholders’ equity1,052.5960.8
Nonredeemable noncontrolling interests569.5497.1
Total stockholders’ equity1,622.01,457.9
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity9,781.68,679.7
Franklin Resources, Inc. [Member]  
Assets  
Cash and cash equivalents$ 3,547.8$ 4,134.9