Franklin Resources, Inc. (BEN)

Market Cap	10.24B
Revenue (ttm)	8.25B
Net Income (ttm)	810.20M
Shares Out	523.00M
EPS (ttm)	1.60
PE Ratio	12.21
Forward PE	7.72
Dividend	$1.24 (6.33%)
Ex-Dividend Date	Sep 30, 2024

Volume	2,499,100
Open	19.83
Previous Close	19.90
Day's Range	19.35 - 19.88
52-Week Range	18.95 - 30.32
Beta	1.41
Analysts	Sell
Price Target	23.94 (+22.27%)
Earnings Date	Nov 4, 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
• Website: https://www.franklinresources.com

Financial Performance

In 2023, Franklin Resources's revenue was $7.85 billion, a decrease of -5.15% compared to the previous year's $8.28 billion. Earnings were $845.10 million, a decrease of -31.73%.

Analyst Forecast

According to 12 analysts, the average rating for BEN stock is "Sell." The 12-month stock price forecast is $23.94, which is an increase of 22.27% from the latest price.

Price Target

$23.94

(22.27% upside)

Analyst Consensus: Sell