Franklin Resources, Inc. (BEN)

Market Cap	11.33B
Revenue (ttm)	8.48B
Net Income (ttm)	432.20M
Shares Out	523.67M
EPS (ttm)	0.85
PE Ratio	25.51
Forward PE	9.00
Dividend	$1.24 (5.73%)
Ex-Dividend Date	Sep 30, 2024

Volume	4,115,616
Open	21.49
Previous Close	21.48
Day's Range	21.29 - 21.68
52-Week Range	18.95 - 30.32
Beta	1.40
Analysts	Sell
Price Target	21.87 (+1.06%)
Earnings Date	Nov 4, 2024

About BEN

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Canada; Dubai, United Arab Emirates; Edinburg...

• Industry: Asset Management
• Sector: Financials
• Founded: 1947
• Employees: 9,200
• Stock Exchange: NYSE
• Ticker Symbol: BEN
• Website: https://www.franklinresources.com

Financial Performance

In 2024, Franklin Resources's revenue was $8.48 billion, an increase of 8.01% compared to the previous year's $7.85 billion. Earnings were $432.20 million, a decrease of -48.86%.

Analyst Forecast

According to 13 analysts, the average rating for BEN stock is "Sell." The 12-month stock price forecast is $21.87, which is an increase of 1.06% from the latest price.

Price Target

$21.87

(1.06% upside)

Analyst Consensus: Sell