Franklin Resources, Inc. (BEN)

NYSE: BEN · Real-Time Price · USD
20.49
+0.52 (2.60%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.60%
Market Cap 10.73B
Revenue (ttm) 8.48B
Net Income (ttm) 432.20M
Shares Out 523.67M
EPS (ttm) 0.85
PE Ratio 24.15
Forward PE 8.51
Dividend $1.28 (6.25%)
Ex-Dividend Date Dec 30, 2024
Volume 4,665,457
Open 19.98
Previous Close 19.97
Day's Range 19.94 - 20.92
52-Week Range 18.95 - 30.32
Beta 1.42
Analysts Sell
Price Target 22.25 (+8.59%)
Earnings Date Jan 27, 2025

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... [Read more]

Sector Financials
Founded 1947
Employees 9,200
Stock Exchange NYSE
Ticker Symbol BEN
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for BEN stock is "Sell." The 12-month stock price forecast is $22.25, which is an increase of 8.59% from the latest price.

Price Target
$22.25
(8.59% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Bronstein, Gewirtz & Grossman, LLC Encourages Franklin Resources, Inc. (BEN) Shareholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / December 20, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

2 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Shareholders to Connect

NEW YORK, NY / ACCESSWIRE / December 19, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

3 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Shareholders to Reach Out

NEW YORK, NY / ACCESSWIRE / December 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

4 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Shareholders to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 17, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

5 days ago - Accesswire

Staying In Franklin Resources For The Dividend

Franklin Resources Inc. has underperformed, with a 3.7% loss versus a 14.25% S&P 500 gain. Despite record sales, profitability has fallen, and the dividend payout ratio may be unsustainable at 141% of...

5 days ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Franklin Resources, Inc. (BEN) and Encourages Investors to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

6 days ago - Accesswire

Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

7 days ago - Accesswire

KBW Announces Index Rebalancing for Fourth-Quarter 2024

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

Other symbols: ABABRACREAPOARESARIBDN
8 days ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Investors to Connect

NEW YORK, NY / ACCESSWIRE / December 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

9 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Franklin Resources, Inc. (BEN) Stockholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / December 12, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

10 days ago - Accesswire

2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables

Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...

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10 days ago - Seeking Alpha

BEN Investors Have Opportunity to Join Franklin Resources, Inc. Securities Fraud Investigation with the Schall Law Firm

LOS ANGELES , Dec. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Franklin Resources, ...

11 days ago - PRNewsWire

Bronstein, Gewirtz & Grossman, LLC Encourages Franklin Resources, Inc. (BEN) Investors to Inquire about Securities Investigation

NEW YORK, NY / ACCESSWIRE / December 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

11 days ago - Accesswire

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

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11 days ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESSWIRE / December 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (...

12 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Franklin Resources, Inc. (BEN) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESSWIRE / December 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (N...

13 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Franklin Resources, Inc. (BEN) And Encourages Stockholders to Connect

NEW YORK, NY / ACCESSWIRE / December 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (N...

14 days ago - Accesswire

Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / December 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. ("Franklin" or "the Company") (N...

16 days ago - Accesswire

Franklin Resources, Inc. Announces Quarterly Dividend

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.32 per share payable on January 10, 2025 to stockholders...

17 days ago - Business Wire

Franklin Resources, Inc. Announces Month-End Assets Under Management

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.65 trillion at November 30, 2024,...

18 days ago - Business Wire

BEN BREAKING NEWS: Franklin Resources, Inc. Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (NYSE: BEN)

NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Franklin Resources...

19 days ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Franklin Resources, Inc. (BEN) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Franklin Resources, Inc. (“Franklin” or the ...

24 days ago - Business Wire

The Law Offices of Frank R. Cruz Continues Investigation of Franklin Resources, Inc. (BEN) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Franklin Resources, Inc. (“Franklin” or the “Company”) (NYSE: BEN) on behalf of investors concerning the C...

25 days ago - Business Wire

My Best Dividend Aristocrats For December 2024

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26 days ago - Seeking Alpha

BEN INVESTOR NEWS: Franklin Resources, Inc. Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (NYSE: BEN)

NEW YORK, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Franklin Resources...

4 weeks ago - GlobeNewsWire