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Franklin Resources (BEN)
NYSE:BEN
Franklin Resources (BEN) Stock Price & Analysis
1,120 Followers
BEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.40 - $29.66
Previous Close$24.71
Volume2.89M
Average Volume (3M)3.42M
Market Cap
$13.13B
Enterprise Value$15.43B
Total Cash (Recent Filing)$3.33B
Total Debt (Recent Filing)$3.91B
Price to Earnings (P/E)13.2
Beta1.35
Next Earnings
Apr 29, 2024EPS Estimate
$0.58Last Dividend Ex-Date
Mar 27, 2024Dividend Yield4.89%
Share Statistics
EPS (TTM)1.89
Shares Outstanding526,557,923
10 Day Avg. Volume3,412,919
30 Day Avg. Volume3,416,660
Standard Deviation0.10
R-Squared0.54
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)11.27
Price to Sales (P/S)1.66
Price to Cash Flow (P/CF)-13.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.15
Enterprise Value/Gross Profit1.97
Enterprise Value/Ebitda3.74
Forecast
1Y Price Target
$27.78Price Target Upside11.97% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering10
Franklin Resources News
PremiumCompany Announcements
Franklin Resources Awards CFO Nicholls for Key Acquisition Role
PremiumCompany Announcements
Franklin Resources Shareholders Approve Key Proposals
PremiumCompany Announcements
Franklin Resources Announces Executive Changes and Stock Plan Expansion
Bulls Say, Bears Say
Bulls Say
Asset Management GrowthLong-term AUM increased, signaling a positive trajectory in the company's asset management portfolio.
Investor ConfidenceAnalyst highlights improved investor confidence as evidenced by significant net inflows, suggesting a brighter financial outlook.
Strategic AcquisitionsThe successful Putnam acquisition demonstrates strategic growth, adding substantial value to the company's total assets under management.
Bears Say
Asset ManagementNet outflows described as 'slight', suggesting challenges in retaining assets despite overall growth in AUM.
Financial PerformanceMutual fund organic growth underperformed compared to the industry, indicating a potential area of weakness.
Stock OutlookAnalyst remains Sell-rated on a relative basis due to risks to EPS revisions and challenges in organic growth.
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Ownership Overview
40.88% Insiders
13.50% Mutual Funds
19.79% Other Institutional Investors
25.83% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BEN FAQ
What was Franklin Resources’s price range in the past 12 months?
Franklin Resources lowest stock price was $21.40 and its highest was $29.66 in the past 12 months.
What is Franklin Resources’s market cap?
Currently, no data Available
When is Franklin Resources’s upcoming earnings report date?
Franklin Resources’s upcoming earnings report date is Apr 29, 2024 which is in 11 days.
How were Franklin Resources’s earnings last quarter?
Franklin Resources released its earnings results on Jan 29, 2024. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.576 by $0.074.
Is Franklin Resources overvalued?
According to Wall Street analysts Franklin Resources’s price is currently Undervalued.
Does Franklin Resources pay dividends?
Franklin Resources pays a Thriceyearly dividend of $0.31 which represents an annual dividend yield of 4.89%. See more information on Franklin Resources dividends here
What is Franklin Resources’s EPS estimate?
Franklin Resources’s EPS estimate is $0.58.
How many shares outstanding does Franklin Resources have?
Franklin Resources has 526,557,900 shares outstanding.
What happened to Franklin Resources’s price movement after its last earnings report?
Franklin Resources reported an EPS of $0.65 in its last earnings report, beating expectations of $0.576. Following the earnings report the stock price went down -0.293%.
Which hedge fund is a major shareholder of Franklin Resources?
Among the largest hedge funds holding Franklin Resources’s share is Fairfax Financial Holdings Ltd. It holds Franklin Resources’s shares valued at 30M.
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Franklin Resources Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$27.78 (11.97% Upside)
$27.78 (11.97% Upside)
Blogger Sentiment
Bearish
BEN Sentiment 60%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 85.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.29%
12-Months-Change
Fundamentals
Return on Equity
7.85%
Trailing 12-Months
Asset Growth
1.81%
Trailing 12-Months
Company Description
Franklin Resources
Franklin Resources, Inc. is a holding company, which engages in the provision of investment management and related services. It offers its products and services under the brands of Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2, LibertyShares, and Edinburgh Partners. The company was founded by Rupert H. Johnson, Sr. in 1947 and is headquartered in San Mateo, CA.
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BEN Earnings Call
Q1 2024
0:00 / 0:00
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BEN Revenue Breakdown
82.21% Investment management fees
15.33% Sales and distribution fees
1.95% Shareholder servicing fees
0.51% Other
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BEN Stock 12 Months Forecast
Average Price Target
$27.78
▲(11.97% Upside)
Technical Analysis
Best Analysts Covering BEN
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+8.05%
reiterated a sell rating 3 months ago
Copying Glenn Schorr's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +8.05% per trade.
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