Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The company was founded in 1947 and is based in San Mateo, California.
BEN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Franklin Resources Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Franklin Resources Inc ranked in the 21th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Franklin Resources Inc, consider:
The company's compound free cash flow growth rate over the past 5.58 years comes in at -0.17%; that's greater than only 9.6% of US stocks we're applying DCF forecasting to.
Franklin Resources Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 8.54% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 0% of stocks in its sector (Financial Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BEN, try BAM, TRUP, V, ARGO, and FCRD.
On Tuesday, February 2, 2021 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the "Company") [NYSE:BEN] will release its first quarter 2021 operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time.
Franklin Universal Trust [NYSE: FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable February 12, 2021, to shareholders of record on January 29, 2021 (Ex-Dividend Date: January 28, 2021).
Franklin Limited Duration Income Trust [NYSE American: FTF], a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0786 per common share, payable February 12, 2021, to shareholders of record on January 29, 2021 (Ex-Dividend Date: January 28, 2021).
(Bloomberg) -- Franklin Templeton is betting on a rally in financial and industrial bonds in Europe, as it seeks out returns amid ever-tightening credit spreads.The $1.5 trillion asset manager is overweight in both sectors amid confidence that the European Central Bank will keep supporting lenders and that the economy will bounce back from a coronavirus slump, said David Zahn, its head of European fixed income. Double-B and other high-yield bonds are a particular focus.“We think that is a good place to be in both financials and industrials,” Zahn said by phone, without naming specific companies. In financials, the investor is overweight in both subordinated and senior debt.Optimism about the eventual post-coronavirus recovery means the asset manager is ready to snap up bonds amid any ma...