Franklin Resources is a asset management company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker BEN on the NYSE exchange.
Franklin Resources stock last closed at $25.02, down 0.64% from the previous day, and has increased 5.53% in one year. It has underperformed other stocks in the Asset Management industry by 0.03 percentage points. Franklin Resources stock is currently +23.63% from its 52-week low of $20.24, and -27.19% from its 52-week high of $34.37.
As of Sep 22, 2023, there are 498.98M BEN shares outstanding. The market value of BEN is $12.48B. In the past 24 hours, 2.49M BEN shares were traded.
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After you have identified the best place to buy Franklin Resources stock, it's critical to evaluate their stock before you buy, so you truly understand the risk and upside.
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You can see all of the due diligence checks on BEN's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge BEN's true value.
Using relative valuations measures:
You can do more valuation research on BEN's stock here.
Out of 7 sell side analysts who monitor BEN, the consensus analyst rating on Franklin Resources is a Sell
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Michael Cyprys, a top 32% analyst from Morgan Stanley maintains BEN with a strong sell rating and raises their BEN price target from $23.00 to $24.00, on Aug 8, 2023.
Alexander Blostein, a top 10% analyst from Goldman Sachs maintains BEN with a strong sell rating and raises their BEN price target from $21.50 to $24.50, on Aug 1, 2023.
James Fotheringham, a top 15% analyst from BMO Capital maintains BEN with a hold rating and raises their BEN price target from $24.00 to $27.00, on Jul 31, 2023.
Finian O'Shea, a top 12% analyst from Wells Fargo maintains BEN with a strong sell rating and raises their BEN price target from $25.50 to $26.00, on Jul 13, 2023.
Bill Katz, a bottom 15% analyst from Credit Suisse maintains BEN with a hold rating and lowers their BEN price target from $25.00 to $23.50, on May 2, 2023.
You can dive deeper into what analysts are projecting on the Franklin Resources stock forecast page.
Last year, BEN earnings were $820.00M. In the last 5 year, BEN's earnings have grown by 5.23% per year. This was slower than the Asset Management industry average of 20.4%.
Last year, BEN revenue was $7.80B. In the past 5 year, BEN's revenue has increased by 4.01% per year. This was slower than the Asset Management industry average of 14.06%.
Learn more about BEN's earnings and revenue performance here.
Over the past year, insiders at BEN have bought more shares than they have sold.
Gregory E. Johnson, Executive Chairman of BEN, was the latest BEN insider to sell. They sold $567,342.58 worth of BEN shares on Aug 31, 2023.
Get more info about who owns BEN stock here.
Franklin Resources pays a dividend of 4.76%, compared to the Asset Management industry's average dividend yield of 6.67%. If you owned $1,000 of BEN stock, you would have received $47.56 last year.
Franklin Resources dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Franklin Resources dividend yield and history here.
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