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Franklin Resources (BEN)
NYSE:BEN
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BEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.95 - $30.32
Previous Close$19.71
Volume865.50K
Average Volume (3M)4.68M
Market Cap
$10.43B
Enterprise Value$12.97B
Total Cash (Recent Filing)$3.38B
Total Debt (Recent Filing)$4.01B
Price to Earnings (P/E)12.1
Beta1.42
Next Earnings
Oct 29, 2024EPS Estimate
$0.6Last Dividend Ex-Date
Sep 30, 2024Dividend Yield6.1%
Share Statistics
EPS (TTM)1.62
Shares Outstanding522,998,430
10 Day Avg. Volume5,083,443
30 Day Avg. Volume4,678,743
Standard Deviation0.10
R-Squared0.53
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.80
Price to Sales (P/S)1.28
Price to Cash Flow (P/CF)N/A
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit2.98
Enterprise Value/Ebitda3.29
Forecast
1Y Price Target
$22.69Price Target Upside13.73% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering12
Franklin Resources News
Bulls Say, Bears Say
Bulls Say
Asset GrowthLong-term AUM rose 1.4%, indicating an upward trend in assets under management, reflecting positive market performance.
Future GrowthBrighter flow outlook due to Great-West’s planned funding and high demand in alternative investments, forecasting significant net inflows.
Investor ConfidenceBEN experienced net inflows of approximately $3B for the month, suggesting improved investor confidence.
Bears Say
Earnings RevisionFollowing analyst's EPS estimates have been lowered to match the consensus data.
Fee PressureThe fee rate is expected to remain under pressure due to lower fee rate on new institutional pipeline and remaining tailwind of Great-West.
PerformanceThe stock has underperformed significantly, a trend that aligns with recent EPS revisions.
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Ownership Overview
20.26% Insiders
9.17% Mutual Funds
<0.01% Other Institutional Investors
49.54% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BEN FAQ
What was Franklin Resources’s price range in the past 12 months?
Franklin Resources lowest stock price was $18.95 and its highest was $30.32 in the past 12 months.
What is Franklin Resources’s market cap?
Currently, no data Available
When is Franklin Resources’s upcoming earnings report date?
Franklin Resources’s upcoming earnings report date is Oct 29, 2024 which is in 27 days.
How were Franklin Resources’s earnings last quarter?
Franklin Resources released its earnings results on Jul 26, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.03.
Is Franklin Resources overvalued?
According to Wall Street analysts Franklin Resources’s price is currently Undervalued.
Does Franklin Resources pay dividends?
Franklin Resources pays a Thriceyearly dividend of $0.31 which represents an annual dividend yield of 6.1%. See more information on Franklin Resources dividends here
What is Franklin Resources’s EPS estimate?
Franklin Resources’s EPS estimate is $0.6.
How many shares outstanding does Franklin Resources have?
Franklin Resources has 522,998,400 shares outstanding.
What happened to Franklin Resources’s price movement after its last earnings report?
Franklin Resources reported an EPS of $0.6 in its last earnings report, beating expectations of $0.57. Following the earnings report the stock price went down -2.362%.
Which hedge fund is a major shareholder of Franklin Resources?
Among the largest hedge funds holding Franklin Resources’s share is Fairfax Financial Holdings Ltd. It holds Franklin Resources’s shares valued at 22M.
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Franklin Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$22.69 (13.73% Upside)
$22.69 (13.73% Upside)
Blogger Sentiment
Bullish
BEN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 13.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $4.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.62%
12-Months-Change
Fundamentals
Return on Equity
6.52%
Trailing 12-Months
Asset Growth
9.99%
Trailing 12-Months
Company Description
Franklin Resources
Franklin Resources, Inc. is a holding company, which engages in the provision of investment management and related services. It offers its products and services under the brands of Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2, LibertyShares, and Edinburgh Partners. The company was founded by Rupert H. Johnson, Sr. in 1947 and is headquartered in San Mateo, CA.
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BEN Earnings Call
Q3 2024
0:00 / 0:00
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BEN Revenue Breakdown
82.21% Investment management fees
15.33% Sales and distribution fees
1.95% Shareholder servicing fees
0.51% Other
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BEN Stock 12 Month Forecast
Average Price Target
$22.69
▲(13.73% Upside)
Technical Analysis
Best Analysts Covering BEN
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+8.31%
assigned a sell rating 21 days ago
Copying Glenn Schorr's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +8.31% per trade.
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