From what 14 stock analysts predict, the share price for Franklin Resources Inc (BEN) might decrease by 11.15% in the next year. This is based on a 12-month average estimation for BEN. Price targets go from $18 to $22. The majority of stock analysts believe BEN is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Franklin Resources Inc has a total of 14 Wall St Analyst ratings. There are 0 buy ratings, 8 ratings, and 6 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Franklin Resources Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BEN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kenneth Worthington JP Morgan | Neutral | $21 | Maintains | Nov 5, 2024 |
Aidan Hall Keefe, Bruyette & Woods | Underperform | $19 | Reiterates | Nov 5, 2024 |
Brian Bedell Deutsche Bank | Hold | $19 | Maintains | Nov 5, 2024 |
Bill Katz TD Cowen | Hold | $18.5 | Maintains | Nov 5, 2024 |
Michael Brown Wells Fargo | Equal-Weight | $19.5 | Maintains | Nov 5, 2024 |
Brennan Hawken UBS | Neutral | $21 | Maintains | Oct 22, 2024 |
Michael Cyprys Morgan Stanley | Underweight | $19 | Maintains | Oct 18, 2024 |
Benjamin Budish Barclays | Underweight | $19 | Maintains | Oct 14, 2024 |
Michael Brown Wells Fargo | Equal-Weight | $19 | Maintains | Oct 9, 2024 |
David Motemaden Evercore ISI Group | Underperform | $19 | Maintains | Oct 4, 2024 |
Alexander Blostein Goldman Sachs | Sell | $21.25 | Maintains | Sep 30, 2024 |
Michael Brown Wells Fargo | Equal-Weight | $20 | Initiates | Sep 12, 2024 |
David Motemaden Evercore ISI Group | Underperform | $20 | Maintains | Sep 5, 2024 |
Benjamin Budish Barclays | Underweight | $20 | Initiates | Aug 27, 2024 |
Aidan Hall Keefe, Bruyette & Woods | Underperform | $23 | Maintains | Aug 22, 2024 |
Etienne Ricard BMO Capital | Market Perform | $26 | Maintains | Jul 29, 2024 |
Bill Katz TD Cowen | Hold | $24 | Maintains | Jul 29, 2024 |
Aidan Hall Keefe, Bruyette & Woods | Underperform | $23 | Maintains | Jul 29, 2024 |
Brian Bedell Deutsche Bank | Hold | $23 | Maintains | Jul 29, 2024 |
Brennan Hawken UBS | Neutral | $24 | Maintains | Jul 10, 2024 |
When did it IPO
1984
Staff Count
10,200
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Ms. Jennifer M. Johnson
Market Cap
$11.48B
In 2023, BEN generated $7.85B in revenue, which was a decrease of -5.15% from the previous year. This can be seen as a signal that BEN's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors of Franklin Resources, Inc. (NYSE: BEN). Affected purchasers can find more information at bgandg.com/BEN.
Why It Matters - The investigation into Franklin Resources could signal potential legal or financial issues, impacting stock performance and investor sentiment.
Summary - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors who purchased Franklin Resources, Inc. (NYSE:BEN). Interested parties can visit bgandg.com/BEN for details.
Why It Matters - The investigation into Franklin Resources could indicate potential legal issues, affecting investor sentiment and potentially impacting stock performance.
Summary - Franklin Resources, Inc. (NYSE: BEN) declared a quarterly cash dividend of $0.32 per share, a 3.2% increase from last quarter, payable on January 10, 2025. The record date is December 30, 2024.
Why It Matters - Franklin Resources' dividend increase signals financial health and commitment to returning value to shareholders, potentially attracting income-focused investors and boosting stock demand.
Summary - Franklin Resources (BEN) reported earnings 30 days ago; investors may want to monitor upcoming developments for future stock performance.
Why It Matters - Earnings reports influence stock performance and investor sentiment. Upcoming developments or guidance can impact Franklin Resources' stock trajectory and investor decisions.
Summary - Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors of Franklin Resources, Inc. (NYSE: BEN). Affected investors can find more information at bgandg.com/BEN.
Why It Matters - The investigation into Franklin Resources could signal potential legal issues, impacting stock performance and investor sentiment. Legal challenges may lead to financial liabilities or regulatory scrutiny.
Summary - Rosen Law Firm is investigating potential securities claims against Franklin Resources, Inc. (NYSE: BEN) for allegedly providing misleading business information to investors.
Why It Matters - Potential securities claims against Franklin Resources could lead to legal liabilities and financial penalties, impacting stock performance and investor sentiment.