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Franklin Resources (BEN)
NYSE:BEN
Franklin Resources (BEN) Stock Price & Analysis
1,166 Followers
BEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.11 - $29.25
Previous Close$22.44
Volume1.83M
Average Volume (3M)3.94M
Market Cap
$11.70B
Enterprise Value$14.39B
Total Cash (Recent Filing)$3.30B
Total Debt (Recent Filing)$4.02B
Price to Earnings (P/E)12.9
Beta1.44
Next Earnings
Jul 26, 2024EPS Estimate
$0.58Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.53%
Share Statistics
EPS (TTM)1.74
Shares Outstanding526,091,302
10 Day Avg. Volume3,586,008
30 Day Avg. Volume3,939,477
Standard Deviation0.10
R-Squared0.54
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)9.02
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)22.00
P/FCF Ratio27.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit5.25
Enterprise Value/Ebitda3.66
Forecast
1Y Price Target
$25.03Price Target Upside11.54% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering8
Franklin Resources News
PremiumPre-Earnings
Is BEN a Buy, Before Earnings?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
41.05% Insiders
11.48% Mutual Funds
19.64% Other Institutional Investors
27.84% 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 $21.11 and its highest was $29.25 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 Jul 26, 2024 which is in 22 days.
How were Franklin Resources’s earnings last quarter?
Franklin Resources released its earnings results on Apr 29, 2024. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.573 by -$0.013.
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 5.53%. See more information on Franklin Resources dividends here
What is Franklin Resources’s EPS estimate?
Franklin Resources’s EPS estimate is $0.58.
How many shares outstanding does Franklin Resources have?
Franklin Resources has 526,091,300 shares outstanding.
What happened to Franklin Resources’s price movement after its last earnings report?
Franklin Resources reported an EPS of $0.56 in its last earnings report, missing expectations of $0.573. Following the earnings report the stock price went down -6.45%.
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 28M.
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Franklin Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$25.03 (11.54% Upside)
$25.03 (11.54% Upside)
Blogger Sentiment
Bullish
BEN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 5.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $6.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.6%
Last 30 Days ▲ 11.0%
Last 30 Days ▲ 11.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.41%
12-Months-Change
Fundamentals
Return on Equity
6.97%
Trailing 12-Months
Asset Growth
13.14%
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
Q2 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
$25.03
▲(11.54% Upside)
Technical Analysis
Best Analysts Covering BEN
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+8.44%
reiterated a sell rating 5 months ago
Copying Glenn Schorr's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +8.44% per trade.
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