BEN
Franklin Resources Inc. Financial Services - Asset Management Investor Relations →
Franklin Resources Inc. (BEN) closed at $23.46 as of 2026-03-20, trading 6.2% above its 200-week moving average of $22.09. The stock is currently moving closer to the line, down from 9.3% last week. The 14-week RSI sits at 51, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.10 ratio) is neutral — neither side is clearly dominating.
Over the past 2169 weeks of data, BEN has crossed below its 200-week moving average 31 times. On average, these episodes lasted 18 weeks. Historically, investors who bought BEN at the start of these episodes saw an average one-year return of +7.0%.
With a market cap of $12.2 billion, BEN is a large-cap stock. The company generates a free cash flow yield of 2.7%. Return on equity stands at 4.5%. The stock trades at 1.0x book value.
BEN is a Dividend Aristocrat, having increased its dividend for 25 or more consecutive years. The current yield is 563.00%. Share count has increased 4.3% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in BEN would have grown to $1157, compared to $2683 for the S&P 500. BEN has returned 7.6% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -21.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: BEN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BEN Crosses Below the Line?
Across 30 historical episodes, buying BEN when it crossed below its 200-week moving average produced an average return of +7.2% after 12 months (median +15.0%), compared to +7.3% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +21.0% vs +22.2% for the index.
Each line shows $100 invested at the moment BEN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BEN has crossed below its 200-week MA 31 times with an average 1-year return of +7.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1988 | May 1988 | 1 | 1.5% | +94.0% | +8370.1% |
| Aug 1998 | Sep 1998 | 3 | 2.8% | +31.3% | +445.4% |
| Mar 1999 | Apr 1999 | 3 | 8.5% | +17.3% | +400.6% |
| Sep 1999 | Jan 2000 | 19 | 18.0% | +23.9% | +348.9% |
| Feb 2000 | Aug 2000 | 28 | 24.8% | +32.0% | +339.6% |
| Nov 2000 | Dec 2000 | 4 | 7.9% | +2.8% | +293.1% |
| Apr 2001 | Apr 2001 | 1 | 0.6% | +7.5% | +278.1% |
| Sep 2001 | Jan 2002 | 21 | 17.0% | -11.7% | +274.2% |
| Jul 2002 | Nov 2002 | 18 | 20.8% | +37.8% | +350.8% |
| Dec 2002 | May 2003 | 25 | 12.7% | +32.8% | +296.9% |
| Mar 2008 | Mar 2008 | 2 | 2.3% | -56.5% | +49.4% |
| Jun 2008 | Jul 2008 | 5 | 8.0% | -24.1% | +39.7% |
| Sep 2008 | Sep 2008 | 1 | 2.3% | +3.4% | +39.4% |
| Sep 2008 | Sep 2009 | 49 | 60.2% | +20.3% | +61.5% |
| May 2010 | Jul 2010 | 7 | 11.2% | +37.0% | +39.4% |
| Nov 2011 | Nov 2011 | 1 | 3.6% | +50.0% | +37.2% |
| Dec 2011 | Dec 2011 | 1 | 1.0% | +42.5% | +33.6% |
| Jul 2015 | Jun 2017 | 100 | 31.1% | -19.0% | -15.8% |
| Jul 2017 | Sep 2017 | 8 | 6.7% | -17.9% | -15.8% |
| Oct 2017 | Nov 2017 | 5 | 6.5% | -23.7% | -14.4% |
| Jan 2018 | Apr 2019 | 61 | 20.8% | -18.8% | -10.6% |
| May 2019 | Jun 2019 | 5 | 5.0% | -44.2% | -2.6% |
| Jul 2019 | Mar 2021 | 84 | 50.6% | -29.7% | +2.1% |
| Apr 2022 | May 2022 | 6 | 5.8% | +9.7% | +11.6% |
| Jun 2022 | Jul 2022 | 7 | 10.5% | +12.6% | +16.1% |
| Sep 2022 | Nov 2022 | 8 | 16.1% | +14.0% | +16.8% |
| May 2023 | May 2023 | 2 | 0.5% | +1.5% | +11.1% |
| Oct 2023 | Nov 2023 | 8 | 7.6% | -14.0% | +10.7% |
| Apr 2024 | Jun 2025 | 60 | 26.6% | -8.8% | +11.2% |
| Oct 2025 | Oct 2025 | 1 | 0.2% | N/A | +6.7% |
| Nov 2025 | Nov 2025 | 3 | 2.3% | N/A | +7.0% |
| Average | 18 | — | +7.0% | — |
Frequently Asked Questions
Is BEN below its 200-week moving average?
No. Franklin Resources Inc. (BEN) is currently 6.2% above its 200-week moving average of $22.09. It would need to fall to $22.09 to cross below the line.
What is BEN's 200-week moving average price?
Franklin Resources Inc.'s 200-week moving average is $22.09 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BEN drops below its 200-week moving average?
BEN has crossed below its 200-week moving average 31 times in our data. On average, buying at that moment produced a one-year return of +7.0%. These dips have historically been decent entry points. These episodes lasted 18 weeks on average.
Is BEN a good value right now?
Here's what our data says about BEN as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 51. Free cash flow yield is 2.7%. Return on equity is 4.5%. Price-to-book is 1.0x. This is not a buy or sell recommendation — always do your own research.
How does BEN compare to the S&P 500?
Over the past 33.2 years, $100 invested in BEN would have grown to $1157, compared to $2683 for the S&P 500. That's 7.6% annualized vs 10.4% for the index. BEN has underperformed the broader market over this period.
Does BEN pay a dividend?
Yes. Franklin Resources Inc. currently pays a dividend yield of 563.00%. It is also a Dividend Aristocrat, meaning it has raised its dividend for 25 or more consecutive years.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20