Stock quotes by finanzen.net. Expanding into additional financial products is strategically an interesting move that could help Franklin spark revenue growth. The volatility ratio for the week stands at 3.12% while the volatility levels for the past 30 days are set at 2.72% for Franklin Resources, Inc.. Click here to view Media Statements. The company’s... First Horizon National Corporation (NYSE:FHN) went up by 0.77% from its latest closing price compared to the recent 1-year high of $17.42. Excerpts: Almost all mutual funds have been underweight on the RIL stock for the past few months because of the uncertainty over the legal outcome of the battle for gas from the Krishna Godavari basin gas field. 09/01: TEMPLETON GLOBAL INCOME FUND: (“GIM”) Announces Distribution: BU. After submitting your request, you will receive an activation … Commerce Policy | Tyle Craig Steven, the EVP & General Counsel of Franklin Resources, Inc., sold 5,000 shares at $18.96 during a trade that took place back on Jun 01, which means that Tyle Craig Steven is holding 99,403 shares at $94,800 based on the most recent closing price. Franklin Templeton Investment is planning to raise the headcount of its India support center in Hyderabad from 1,100 at present to 2,800 by March 2008. We Know the Answer, Extended Stay America Inc. (STAY) upgraded Issued by Wall Street Gurus, First Horizon National Corporation (FHN) and the Battle of Fundamentals vs. Technicals, Here’s How Your Trade CLX Aggressively Right Now. Tomorrow is different. The company’s stock... Masco Corporation (NYSE:MAS) went down by -1.06% from its latest closing price compared to the recent 1-year high of $60.16. BMO Capital Markets gave a rating of “ Market Perform” to BEN, setting the target price at $24 in the report published on February 20th of the current year. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. At Franklin Templeton Investment, we promise to treat your data with respect and will not share your information with any third party. The company’s stock price... Spero Therapeutics Inc. (NASDAQ:SPRO) went up by 6.99% from its latest closing price compared to the recent 1-year high of $14.48. Legg Mason's shareholders likely got the better end of the deal because they locked in a good share price right before the COVID-19 pandemic-induced market crash. Made In NYC | Legg Mason also provides Franklin Resources with alternative investment assets such as private equity, hedge fund, and venture capital platforms. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. At a current price of $ 20.35 there is upside potential of 13.02%. FRANKLIN RESOURCES, INC. : News, information and stories for FRANKLIN RESOURCES, INC. | Nyse: BEN | Nyse Opinions of the stock are interesting as 0 analysts out of 14 who provided ratings for Franklin Resources, Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 5 as “sell.”. Net income in the quarter increased by 18% compared to the prior year; however, revenue decreased 20%, mainly attributable to the market sell-off in the first quarter, which resulted in lower fees from investment portfolios. Is There a Dimmer Outlook Ahead for Norwegian Cruise Line Holdings Ltd.? Cumulative Growth of a $10,000 Investment in Stock Advisor, Franklin Templeton Just Acquired Legg Mason. Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 3.12%, as shares sank -4.53% for the moving average over the last 20 days. Franklin Resources has seen its revenue and operating profit decline for the past several years due to industry pressures from the shift toward passive investment products and away from actively managed mutual funds where. 08/28: FRANKLIN RESOURCES, INC.: Announces Quarterly Dividend: BU. Although the pain may have been exacerbated by the fact that Franklin Resources paid a hefty sum to acquire Legg Mason. Because the deal was negotiated prior to the COVID-19 pandemic, when industry valuations were higher, the market has penalized Franklin's share price. For reprint rights: Keeping villages at forefront of development in J&K, Startup founders bat for an Indian app store, Google notice to Swiggy, Zomato for violation of rules, India's 1st Online Instant Personal Loan Marketplace, In first presidential debate, Donald Trump questions India's coronavirus data, ICICI Prudential Bluechip Fund Direct-Growth, Muthoot Finance | BUY | Target Price: Rs 1,220, What is making your medicines safe to consume. When we switch over and look at the enterprise to sales, we see a ratio of 1.88, with the company’s debt to enterprise value settled at 0.07. Your go to resource for historical financial information, annual reports, and SEC filings. Media Contacts. "Equity valuations are very attractive compared to other asset classes and at some point of time, there has to be some sort of shift into equities," says Sukumar. BEN stocks went down by -0.14% for the week, with a monthly drop of -2.52% and a quarterly performance of -12.09%, while its annual performance rate touched -20.88%. All Rights Reserved. 54 stocks that made crorepatis on Rs 1 lakh investment, and how!

Let's conquer your financial goals together...faster. See you at the top! Plus, the 36-month beta value for BEN is at 1.20. The analysts of J.P. Morgan have rated Franklin Resources with a Neutral rating.

The asset management industry has seen a decrease in financial performance over the years. Franklin Resources, Inc. (NYSE:BEN) scored a price-to-earnings ratio above its average ratio, recording 10.39 x from its present earnings ratio. However, in the near term, the company's financial picture isn't terribly attractive. Find the latest news headlines from Franklin Resources, Inc. Common Stock (BEN) at Nasdaq.com. Privacy Policy, Business Continuity Plans }); One should not have very high expectations because inflation is still at 9% and while it is coming down, we are not totally out of the woods. items: 5 You must click the activation link in order to complete your subscription. We recommend using Internet Explorer 7.0 and above, or Firefox 3.0 and above, or Safari 3.0 or higher to ensure you see this site properly. The long term challenges created by the shift toward lower-fee passive funds were already set in place. For example, Franklin Resources posted its highest revenue in 2014 and has seen those numbers steadily decrease over the years. In an interview with ET Now, Sukumar Rajah, MD & CIO-Asian Equities, Franklin Templeton Investments, gives his views on the market scenario. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. BEN | Complete Franklin Resources Inc. stock news by MarketWatch. The company’s stock price... Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) went down by -0.72% from its latest closing price compared to the recent 1-year high of $59.78. Plain and simple. Eli Lilly and Company (NYSE:LLY) went down by -1.24% from its latest closing price compared to the recent 1-year high of $170.75. Copyright © 2020 Franklin Templeton. Access information, tools and services for current and prospective shareholders.