Franklin Resources, Inc. (BEN)
| Market Cap | 16.73B |
| Revenue (ttm) | 8.43B |
| Net Income (ttm) | 1.83B |
| Shares Out | 501.79M |
| EPS (ttm) | 3.57 |
| PE Ratio | 9.34 |
| Forward PE | 9.13 |
| Dividend | $1.12 (3.36%) |
| Ex-Dividend Date | Sep 29, 2021 |
| Volume | 4,297,917 |
| Open | 32.98 |
| Previous Close | 32.98 |
| Day's Range | 32.88 - 33.75 |
| 52-Week Range | 23.68 - 38.27 |
| Beta | 1.22 |
| Analysts | Sell |
| Price Target | 36.44 (+9.3%) |
| Earnings Date | Nov 1, 2021 |
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 Hyderabad, India.
Financial Performance
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for BEN stock is "Sell." The 12-month stock price forecast is 36.44, which is an increase of 9.27% from the latest price.
News
Fiduciary Trust International Announces Investment in North Capital, Expanding Access to Private Securities and Digit...
NEW YORK & SALT LAKE CITY--(BUSINESS WIRE)--Fiduciary Trust International Announces Investment in North Capital, Expanding Access to Private Securities and Digital Assets
Why Is Franklin Resources (BEN) Down 14% Since Last Earnings Report?
Franklin Resources (BEN) reported earnings 30 days ago. What's next for the stock?
Templeton Emerging Markets Fund, Inc. (“EMF”) Announces Distribution
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Fund, Inc. (NYSE: EMF) today announced a total distribution of $1.1097, comprised of net investment income of $0.4051 per share, short-...
NEO Introduces First-Ever Platform Offering Free Research & Analysis on All Canadian ETFs
TORONTO--(BUSINESS WIRE)-- #Advisors--NEO launches Canadian ETF Market, providing investors & advisors access to real-time market data, research & analysis on all Canadian-listed ETFs.
Jenny Johnson and Matthew Nicholls of Franklin Resources, Inc. to Speak at the Goldman Sachs 2021 US Financial Servic...
SAN MATEO, Calif.--(BUSINESS WIRE)--Jenny Johnson, President and CEO, and Matthew Nicholls, Executive Vice President and Chief Financial Officer, of Franklin Resources, Inc. (NYSE:BEN), are scheduled to...
Legg Mason Global Infrastructure ETF (INFR) to Close and Liquidate
NEW YORK--(BUSINESS WIRE)--On November 19, 2021, the Board of Trustees of Legg Mason ETF Investment Trust, on behalf of the Legg Mason Global Infrastructure ETF (the “Fund”), approved a proposal to liqu...
Fiduciary Trust International Welcomes David W. Edmiston as Regional Managing Director to Lead Firm's New Atlanta Office
NEW YORK--(BUSINESS WIRE)--Fiduciary Trust International Welcomes David W. Edmiston as Regional Managing Director to Lead Firm's New Atlanta Office
Franklin (BEN) Faces Lawsuit for Destroying Blockchain Startup
Franklin (BEN) faces a lawsuit filed by a group of investors for ruining a startup named Onsa to get its technology and enter the fintech market.
Fiduciary Trust International Continues Expanding Office in Washington, DC, Welcoming Julio A. Lacayo and Emily Morri...
WASHINGTON--(BUSINESS WIRE)--Fiduciary Trust International Continues Expanding Office in Washington, DC, Welcoming Julio A. Lacayo and Emily Morris, CFP® as Wealth Directors
Franklin Templeton Selects FIS to Operate Its Global Transfer Agency Services
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. [NYSE: BEN], a global investment management organization operating as Franklin Templeton, and financial technology leader FIS® [NYSE: FIS] to...
Custom Indexing Leader Canvas® Doubles Assets Under Management in 2021, Crossing $2 Billion
STAMFORD, Conn.--(BUSINESS WIRE)--O'Shaughnessy Asset Management, LLC (OSAM), a leading quantitative asset management firm, announced today that the firm's industry-leading Custom Indexing platform Canv...
Franklin's (BEN) October AUM Rises 2.1% on Favorable Markets
Steadily improving AUM balance and inorganic expansion efforts are likely to keep supporting Franklin's (BEN) financials.
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 $1,561.7 billion at October 31, 2021, ...
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Franklin's (BEN) Q4 Earnings Beat Estimates, AUM Rises Y/Y
While higher revenues drive Franklin's (BEN) fourth-quarter fiscal 2021 performance, rising expenses and overall net outflows erode growth.
Why Franklin Resources Shares Are Soaring Today
An encouraging glimpse at last quarter's growth and plans for a brilliant acquisition have stoked investors, though perhaps a bit too much.
Franklin Templeton to Acquire Lexington Partners, a Global Leader in Secondary Private Equity and Co-Investments
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton to Acquire Lexington Partners, a Global Leader in Secondary Private Equity and Co-Investments
Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced preliminary net income1 of $665.7 million or $1.30 per diluted share for the quarter ended Septem...
Franklin Resources Earnings Preview
Franklin Resources (NYSE:BEN) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.
Will Decline in AUM Dampen Franklin's (BEN) Q4 Earnings?
Franklin's (BEN) fiscal fourth-quarter 2021 results likely to reflect the unfavorable impact of net outflows and elevated expenses.
Franklin Resources, Inc. to Announce Fourth Quarter and Fiscal Year Results on November 1, 2021
SAN MATEO, Calif.--(BUSINESS WIRE)--On Monday, November 1, 2021 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) [NYSE:BEN] will release its fourth quarter and fiscal ye...
Franklin Templeton and iJoin Collaborate to Expand Access to Goals-Based Personalization
SAN MATEO, Calif. & SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Franklin Templeton and iJoin Collaborate to Expand Access to Goals-Based Personalization
Franklin Resources (BEN) to Report Q4 Results: Wall Street Expects Earnings Growth
Franklin Resources (BEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clarion Partners Real Estate Income Fund Inc. (CPREIF) Closes on Three Strategically Important Acquisitions
SAN MATEO, Calif.--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund expands its property portfolio with diversifying acquisitions in Charlotte, North Las Vegas and Austin.