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Franklin Resources, Inc. (BEN)

NYSE - NYSE Delayed price. Currency in USD
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22.84-0.38 (-1.64%)
At close: 4:00PM EDT
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  • m
    HArd to believe now green, and getting greener, oin tis name. We'll see if it can withstand the earnings release. :)
  • m
    BEN was moving up with some value stocks until the market sold off and value went down with others, but now the growth stocks have bounced back some (off yesterday's bottom stucff like crowdstrike and zoom bounced hard and ended well into green) while value really didn't. A little headfake leader rotation then right back to the summer trade.

    BEN really needs to show increase AUM and arrest of outflow.
  • S
    $GS conversation
    I plan to hold $GS, and I am getting used to the daily volatility. I'm down $3 a share as of today, but Stuff happens. I wonder if anyone here has an opinion about $BEN, which I am considering buying. I can't find anything fundamentally wrong with BEN or GS, but maybe you have. By nature and experience, I prefer boring dividends to rolling the dice on low-odds growth plays.
  • m
    Started positions in BEN last week, Friday 8/28/20, at $21.18. Both in IRA and a reular account. Mostly as a dividend play, but it seems awfully cheap as well. People have been moving away to passive accounts for a while, and growth stocks are go-go right now. And I have some of those as well (CRWD, PINS, ETSY etc). But I think hey, SOMEONE has to pick stocks for there even to be a passive index. Buying Legg Mason adds scale. And I think there'll be a move to value when this liquidity fed move dies out some. Some of my plays in that mode have been SIMO, BMY, MMM and BEN. Plus NOBL and IQDF (hey, I like passive ETFs too).
  • V
    Mutual funds are antiquated relics of some other age. Farewell Franklin. RIP.
  • Y
    Yahoo Finance Insights
    Franklin Resources is down 5.02% to 20.16
  • J
    Jose V
    Franklin Resources made a big bet on gun maker Remington that cost its investors hundreds of millions of dollars. Now, a way out of the trade has drawn the investment manager into conflict with families of the Sandy Hook shooting victims.
    Franklin Resources made a big bet on gun maker Remington that cost its investors hundreds of millions of dollars. Now, a way out of the trade has drawn the investment manager into conflict with families of the Sandy Hook shooting victims.
  • N
    to anyone posting bullish articles , do you own any of BEN’s product-ETF, mutual fund, etc. or stock trading through BEN?
  • b
    This year my husband (who retired 22 years ago) and I acquired 26,000 shares of BEN. He raised a question
    on the company's website on June 17 as to the amount of debt BEN holds directly or for one or more or its funds from Chesapeake Energy--no response.
    A week prior to that he had asked someone in shareholder relations to send him a copy of BEN's last Annual Report--no response. Is this typical of BEN's response to shareholders?
  • R
    Is it good to buy BEN for 1-3 month hold
  • R
    I just bought some of this stock because I feel that I needed to diversify my assets some. It is a solid company with a lot of experience and know how. Its dividends are quite good also.
  • M
    Good company, under valued.Selling below book value and 60% below the pre market sell off in February. Nice dividend over 6% is comparable to high yield bond funds.

    The valuation that was most telling was Enterprise value/revenues .56.

    The company is buying Legg Mason an outstanding outfit that contains the Royce funds.

    Hard to imagine you won't get at least a 25-30% move in the next 6-12 months which along with the dividend makes a fine total return. This could even double. Excellent risk reward opportunity.
  • H
    In 1992 BEN bought out the great Sir John. Templeton was not just a world-class global enterprise, it had a culture that was commensurate with its pedigree. Now? The Johnson family is decent and smart, but they tend to draw on consensus at the expense of those who try to do what is right. I guess good investment performance cures most ills, but operationally the technology infrastructure that was built over the years was extraordinary
  • M
    Same old play book. Buy back of 80 million shares. Stock hits a new 52 week low yesterday and all they can come up with to save the business is buy back more stock even though they were not even close to buying back all the stock from prior announcements. Stock has gone nowhere in 10 years. It would be interesting to know how much they have lost on all those buybacks. Well, at least it means there is a buyer out there which is good with all the selling going on from the Johnsons.
  • d
    Bought into this one today. Low debt, plenty of cash on hand, near 52 week low, almost 7% dividend yield. Dont see nothing but upside from here.
  • J
    Asking this here because the message board on the stock that I am most interested in for this sector is dead - do you think these companies struggling with AUM could see at least a partial reversal in trends by embracing more closed end funds, considering that CEFs are expanding in popularity?
  • M
    $29.97 as I type, getting closer to the JP Morgan price target of $29. All of those BEN executives sold stock just days before report came out, wonder if they knew. Time for another announcement of a stock buy back that will never be completed. Just think how much money has been wasted with those buy backs. I also wonder what the average price was on the buy backs, low to mid $40's?
  • M
    Multi year lows and executives filing Form 4's and selling the stock, not a food sign.
  • T
    Franklins Market cap is about 7.5 bil and they have 10 bil in cash you do the math 6.5% div and no issue paying it!
  • B
    Bubba Gumo
    I’m not very good at this investing stuff But this company looks fairly solid To me. Only thing I see wrong with it Is that it has done nothing but go down for the last five years. Could somebody enlightened me on the reason why.