Franklin Resources, Inc. (BEN)

Market Cap	13.01B
Revenue (ttm)	7.87B
Net Income (ttm)	968.50M
Shares Out	526.56M
EPS (ttm)	1.90
PE Ratio	13.01
Forward PE	9.46
Dividend	$1.24 (5.02%)
Ex-Dividend Date	Mar 27, 2024

Volume	4,558,893
Open	24.78
Previous Close	24.94
Day's Range	24.40 - 24.92
52-Week Range	21.88 - 30.32
Beta	1.42
Analysts	Hold
Price Target	27.53 (+11.41%)
Earnings Date	Apr 29, 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

Financial Performance

In 2023, BEN's revenue was $7.85 billion, a decrease of -5.15% compared to the previous year's $8.28 billion. Earnings were $882.80 million, a decrease of -31.67%.

Analyst Forecast

According to 10 analysts, the average rating for BEN stock is "Hold." The 12-month stock price forecast is $27.53, which is an increase of 11.41% from the latest price.

Price Target

$27.53

(11.41% upside)

Analyst Consensus: Hold