Franklin Resources Inc

Franklin Resources Inc Stock Forecast & Price Prediction

Live Franklin Resources Inc Stock (BEN) Price
$22.35

14

Ratings

  • Buy 0
  • Hold 8
  • Sell 6
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$22.35

P/E Ratio

25.79

Volume Traded Today

$3.1M

Dividend

$0.31

52 Week High/low

30.32/18.95

Franklin Resources Inc Market Cap

$11.48B

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BEN Summary

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.

BEN Analyst Ratings

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.

BEN stock forecast by analyst

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

BEN Company Information

What They Do: Provides asset management services globally.

Business Model: The company operates as an asset management holding firm, generating revenue primarily through management fees from its various mutual funds, which include equity, fixed income, balanced, and multi-asset funds. It serves a diverse client base that includes individuals, institutions, and pension plans, leveraging its subsidiaries to expand its service offerings.

Other Information: Founded in 1947, the company is headquartered in San Mateo, California, and has a strong international presence with offices in multiple countries including Canada, the UAE, the UK, and China. Its long history and global reach make it a significant player in the asset management industry.
BEN
Franklin Resources Inc (BEN)

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

Franklin Resources Inc (BEN) Financial Data

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

$5.57B

Revenue From 2021

$8.43B

51.36 %
From Previous Year

Revenue From 2022

$8.28B

-1.78 %
From Previous Year

Revenue From 2023

$7.85B

-5.15 %
From Previous Year
  • Revenue TTM $8.48B
  • Operating Margin TTM 13.1%
  • Gross profit TTM $6.79B
  • Return on assets TTM 2.5%
  • Return on equity TTM 4.3%
  • Profit Margin 5.5%
  • Book Value Per Share 23.89%
  • Market capitalisation $11.48B
  • Revenue for 2021 $8.43B
  • Revenue for 2022 $8.28B
  • Revenue for 2023 $7.85B
  • EPS this year (TTM) $0.85

Franklin Resources Inc (BEN) Latest News

News Image

Sun, 08 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - Accesswire

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.

News Image

Mon, 02 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

...

BEN Frequently asked questions

The highest forecasted price for BEN is $22 from Brian Bedell at Deutsche Bank.

The lowest forecasted price for BEN is $18 from from Deutsche Bank

The BEN analyst ratings consensus are 0 buy ratings, 8 hold ratings, and 6 sell ratings.