Franklin Resources, Inc. (BEN)

NYSE: BEN · IEX Real-Time Price · USD
22.64
-0.26 (-1.14%)
At close: Sep 27, 2022 4:00 PM
22.91
+0.27 (1.19%)
After-hours: Sep 27, 2022 4:21 PM EDT
-1.14%
Market Cap 11.28B
Revenue (ttm) 8.52B
Net Income (ttm) 1.72B
Shares Out 498.36M
EPS (ttm) 3.37
PE Ratio 6.72
Forward PE 7.87
Dividend $1.16 (5.12%)
Ex-Dividend Date Sep 29, 2022
Volume 2,036,728
Open 23.16
Previous Close 22.90
Day's Range 22.46 - 23.40
52-Week Range 22.47 - 38.27
Beta 1.23
Analysts Sell
Price Target 25.39 (+12.1%)
Earnings Date Oct 31, 2022

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. [Read more...]

Industry Capital Markets
Founded 1947
CEO Jennifer M. Johnson
Employees 9,800
Stock Exchange NYSE
Ticker Symbol BEN
Full Company Profile

Financial Performance

In 2021, BEN's revenue was $8.43 billion, an increase of 51.36% compared to the previous year's $5.57 billion. Earnings were $1.83 billion, an increase of 129.22%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for BEN stock is "Sell." The 12-month stock price forecast is 25.39, which is an increase of 12.15% from the latest price.

Price Target
$25.39
(12.15% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Franklin Templeton Releases Research on Tech-Driven Megatrends Reshaping Society & Investing

NEW YORK--(BUSINESS WIRE)--Franklin Templeton Releases Research on Tech-Driven Megatrends Reshaping Society & Investing

8 hours ago - Business Wire

Fiduciary Trust International Welcomes Robert W. Murphy as Wealth Director in Boca Raton Office

BOCA RATON, Fla.--(BUSINESS WIRE)--Fiduciary Trust International Welcomes Robert W. Murphy as Wealth Director in Boca Raton Office

5 days ago - Business Wire

After Plunging 12.9% in 4 Weeks, Here's Why the Trend Might Reverse for Franklin Resources (BEN)

The heavy selling pressure might have exhausted for Franklin Resources (BEN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ana...

1 week ago - Zacks Investment Research

Best Value Stocks to Buy for September 19th

ESEA, BEN and WOR made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 19, 2022.

Other symbols: ESEAWOR
1 week ago - Zacks Investment Research

You'd Better Sell 10 Stocks Before Things Get Worse, Analysts Say

Wall Street analysts are usually a pretty optimistic bunch. So, when they tell you to sell some S&P 500 stocks, listen.

1 week ago - Investors Business Daily

Is Franklin Resources (BEN) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

Why Franklin Resources Stock Plummeted on Tuesday

The asset manager reported declining assets and net outflows in August

2 weeks ago - The Motley Fool

Announcing Action!

NEW YORK--(BUSINESS WIRE)--Wealth management practitioners gained access to a new resource today with the launch of Action! magazine, available now in print and digital format. The publication, led by v...

2 weeks ago - Business Wire

Franklin Templeton Transitions 403(b) Business to PCS Retirement's Aspire Platform

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Transitions 403(b) Business to PCS Retirement's Aspire Platform

2 weeks 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 $1,387.6 billion at August 31, 2022, c...

2 weeks ago - Business Wire

Got $3,000? 3 Top Financial Stocks to Buy For the Long Term

Looking for financial stocks? Stick with the ones that have proven they have what it takes to survive hard times.

Other symbols: OTD
2 weeks ago - The Motley Fool

Franklin Templeton Introduces Digital Asset SMA Models on Eaglebrook Advisors' Platform

NEW YORK--(BUSINESS WIRE)--Franklin Templeton Introduces Digital Asset SMA Models on Eaglebrook Advisors' Platform

2 weeks ago - Business Wire

Kings & Aristocrats: 5 Retirement Favorites

With the average dividend of the S&P 500 at 1.6%, investors in retirement may feel that there are few places to find safe income in the stock market, observes asserts Ben Reynolds; here, the editor of S...

Other symbols: LEGMMMVFCWBA
2 weeks ago - Forbes

Jamie Gordon Joins Franklin Templeton as Senior Consultant Advisor, US Institutional

SAN MATEO, Calif.--(BUSINESS WIRE)--Jamie Gordon Joins Franklin Templeton as Senior Consultant Advisor, US Institutional

2 weeks ago - Business Wire

Clarion Partners and Blackstone Real Estate Co-Originate Two Senior & Mezzanine Loans for the Brickstone Boulder Stud...

SAN MATEO, Calif.--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund Inc. has provided mezzanine loans for the refinance of two student housing assets in Boulder, CO.

Other symbols: BXMT
2 weeks ago - Business Wire

3 Dividend Aristocrats With Yields Over 4%

When searching for great dividend stocks to buy, there are many places one could start. However, we prefer the strategy of buying those that have demonstrated histories of raising their dividends.

Other symbols: IBMVFC
4 weeks ago - InvestorPlace

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 $0.29 per share payable on October 14, 2022 to stockholders o...

4 weeks ago - Business Wire

4 Investment Management Stocks to Look at Despite Industry Woes

While elevated technology costs remain worrisome, continued inflows will likely aid Zacks Investment Management stocks like BlackRock (BLK), Blue Owl (OWL), Franklin (BEN) and Affiliated Managers (AMG).

Other symbols: AMGBLKOWL
1 month ago - Zacks Investment Research

Clarion Partners Real Estate Income Fund Inc. (CPREIF) Acquires Three-Building Industrial Portfolio in the Inland Emp...

SAN MATEO, Calif.--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund added three warehouse and distribution buildings in Chino, CA. The deal was marketed by JLL Capital Markets.

Other symbols: JLL
1 month ago - Business Wire

Sam Fraenkel Joins Fiduciary Trust International as Coral Gables-Based Wealth Director

CORAL GABLES, Fla.--(BUSINESS WIRE)--Sam Fraenkel Joins Fiduciary Trust International as Coral Gables-Based Wealth Director

1 month ago - Business Wire

Clarion Partners Real Estate Income Fund Inc. (CPREIF) Acquires Two-Building Industrial Distribution Center in El Pas...

SAN MATEO, Calif.--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund has acquired the 369,310 square foot Rojas East Distribution Center in El Paso, Texas.

Other symbols: JLL
1 month ago - Business Wire

Mindy Johnson, CPPT Joins Fiduciary Trust International as Managing Director & Relationship Manager for Custody Services

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Mindy Johnson, CPPT Joins Fiduciary Trust International as Managing Director & Relationship Manager for Custody Services

1 month ago - Business Wire

Franklin's (BEN) July AUM Rises 3.6% on Favorable Markets

Franklin's (BEN) July AUM balance improves on the back of robust market performance.

1 month ago - Zacks Investment Research

Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $1.3014 per share, comprised of short-term capital gains of $0.0033 per share and ...

1 month ago - Business Wire

2 Asset Management Stocks That Are Passive Income All-Stars

Bear markets are tough on asset managers, but these two Dividend Aristocrats have proven they can navigate market downturns.

Other symbols: TROW
1 month ago - The Motley Fool