Franklin Resources, Inc. (BEN)
| 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...]
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 StatementsAnalyst 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.
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
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
After Plunging 12.9% in 4 Weeks, Here's Why the Trend Might Reverse for Franklin Resources (BEN)
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The asset manager reported declining assets and net outflows in August
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...
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
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...
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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
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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
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.
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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...
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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.
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
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.
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
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.
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 ...
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