BEN - Franklin Resources Inc Stock Price, Fair Value and News

25.00USD+0.19 (+0.77%)Delayed as of 18 Apr 2024, 11:54 am ET

Market Summary

USD25.00+0.19

Delayedas of 18 Apr 2024, 11:54 am

0.77%

BEN Stock Price

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BEN RSI Chart

BEN Valuation

Market Cap

13.1B

Price/Earnings (Trailing)

13.48

Price/Sales (Trailing)

1.66

EV/EBITDA

7.05

Price/Free Cashflow

13.03

BEN Price/Sales (Trailing)

BEN Profitability

EBT Margin

19.28%

Return on Equity

8.07%

Return on Assets

3.24%

Free Cashflow Yield

7.67%

BEN Fundamentals

BEN Revenue

Revenue (TTM)

7.9B

Rev. Growth (Yr)

1.22%

Rev. Growth (Qtr)

0.25%

BEN Earnings

Earnings (TTM)

968.5M

Earnings Growth (Yr)

51.75%

Earnings Growth (Qtr)

-14.96%

Breaking Down BEN Revenue

52 Week Range

23.3430.12

(Low)(High)

Last 7 days

-5.7%

Last 30 days

-7.7%

Last 90 days

-9.7%

Trailing 12 Months

-8.1%

How does BEN drawdown profile look like?

BEN Financial Health

Current Ratio

5.3

Debt/Equity

0.25

Debt/Cashflow

0.38

BEN Investor Care

Dividend Yield

4.86%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

5.24%

Diluted EPS (TTM)

1.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	7.9B	7.8B	7.8B	7.9B
2022	8.7B	8.5B	8.3B	8.0B
2021	6.9B	7.9B	8.4B	8.7B
2020	5.5B	5.2B	5.6B	6.2B
2019	5.8B	5.7B	5.7B	5.6B
2018	6.5B	6.4B	6.2B	6.0B
2017	6.4B	6.4B	6.4B	6.4B
2016	7.2B	6.9B	6.6B	6.4B
2015	8.4B	8.2B	7.9B	7.6B
2014	8.3B	8.3B	8.5B	8.4B
2013	7.5B	7.8B	8.0B	8.2B
2012	7.2B	7.1B	7.1B	7.3B
2011	6.5B	6.8B	7.1B	7.1B
2010	5.1B	5.6B	5.9B	6.2B
2009	5.1B	4.7B	4.2B	4.6B
2008	0	6.1B	6.0B	5.6B
2007	0	0	6.2B	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

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Very Expensive Stocks: $11,022

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Tracking the Latest Insider Buys and Sells of Franklin Resources Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 06, 2024	yang geoffrey y	acquired	195,011	26.63	7,323	-
Feb 06, 2024	thiel john w	acquired	195,011	26.63	7,323	-
Feb 06, 2024	noto anthony	acquired	195,011	26.63	7,323	-
Feb 06, 2024	byerwalter mariann h	acquired	195,011	26.63	7,323	-
Jan 11, 2024	johnson gregory e	gifted	-	-	-2,502	executive chairman
Dec 21, 2023	johnson charles b	gifted	-	-	-680,000	-
Dec 20, 2023	johnson gregory e	gifted	-	-	-2,286	executive chairman
Dec 14, 2023	sethi alok	sold	-643,845	29.2657	-22,000	evp, head of global operations
Dec 12, 2023	johnson gregory e	gifted	-	-	1,152	executive chairman
Dec 12, 2023	johnson gregory e	gifted	-	-	2,304	executive chairman

Which funds bought or sold BEN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Arlington Trust Co LLC	unchanged	-	-751	12,565	-%
Apr 16, 2024	Indiana Trust & Investment Management CO	unchanged	-	-13,640	228,225	0.09%
Apr 16, 2024	Arlington Partners LLC	sold off	-100	-13,316	-	-%
Apr 16, 2024	Stratos Wealth Partners, LTD.	reduced	-0.57	-20,793	316,013	-%
Apr 16, 2024	MCF Advisors LLC	new	-	285	285	-%
Apr 16, 2024	WHITENER CAPITAL MANAGEMENT, INC.	reduced	-0.49	-38,961	599,558	0.20%
Apr 16, 2024	Independence Bank of Kentucky	reduced	-8.34	-12,066	77,274	0.02%
Apr 15, 2024	FIRST CITIZENS BANK & TRUST CO	new	-	254,395	254,395	-%
Apr 15, 2024	Wealth Alliance Advisory Group, LLC	reduced	-0.42	-33,734	525,067	0.12%
Apr 15, 2024	Sunbelt Securities, Inc.	sold off	-100	-102,150	-	-%

Are Funds Buying or Selling BEN?

Are funds buying BEN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BEN

No. of Funds

Unveiling Franklin Resources Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.53%	32,296,534	SC 13G/A
Feb 09, 2024	capital research global investors	5.4%	26,652,644	SC 13G
Jan 29, 2024	blackrock inc.	6.0%	29,501,986	SC 13G/A
Jan 25, 2024	state street corp	4.35%	21,516,076	SC 13G/A
Jan 05, 2024	great-west lifeco inc.	6.0%	31,557,117	SC 13G
Feb 09, 2023	vanguard group inc	6.91%	34,570,289	SC 13G/A
Feb 06, 2023	state street corp	7.47%	37,357,474	SC 13G/A
Feb 01, 2023	blackrock inc.	5.9%	29,407,084	SC 13G/A
Feb 11, 2022	state street corp	5.49%	27,564,494	SC 13G/A
Feb 10, 2022	vanguard group inc	6.51%	32,682,023	SC 13G/A

Recent SEC filings of Franklin Resources Inc

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	SC 13D/A	13D - Major Acquisition
Apr 11, 2024	SC 13D/A	13D - Major Acquisition
Apr 09, 2024	SC 13G/A	Major Ownership Report
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	SC 13D/A	13D - Major Acquisition
Mar 21, 2024	S-8	Employee Benefits Plan
Mar 21, 2024	SC 13D/A	13D - Major Acquisition
Mar 20, 2024	SC 13D/A	13D - Major Acquisition
Mar 13, 2024	SC 13D/A	13D - Major Acquisition

Peers (Alternatives to Franklin Resources Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	112.3B	17.9B	-5.80%	8.61%	20.41	6.29	-0.08%	6.26%
BX	88.1B	8.0B	-0.13%	34.72%	63.34	10.98	-5.81%	-20.41%
BK	41.1B	20.6B	-0.86%	21.34%	12.51	1.99	87.93%	27.71%
ARES	40.5B	3.6B	1.20%	53.50%	85.42	11.16	18.87%	183.11%
BEN	13.1B	7.9B	-7.67%	-8.08%	13.48	1.66	-1.81%	-3.56%
MID-CAP
IVZ	6.8B	5.7B	-0.26%	-12.52%	-20.5	1.2	-5.50%	-148.79%
AMG	5.2B	2.1B	-1.44%	10.44%	7.74	2.53	-11.67%	-41.28%
AB	3.7B	-	-3.20%	-10.42%	14.06	-	-	-3.64%
APAM	3.4B	975.1M	-1.40%	18.65%	15.19	3.46	-1.83%	7.51%
CNS	3.3B	489.6M	-5.32%	8.64%	25.63	6.76	-13.63%	-24.55%
AMK	2.6B	708.5M	-3.05%	8.32%	20.93	3.64	15.83%	19.23%
SMALL-CAP
PX	870.8M	241.7M	-7.06%	-27.88%	-126.54	3.6	21.87%	-123.56%
BSIG	856.2M	426.6M	-0.13%	-	13.01	2.01	2.25%	-34.59%
AINC	16.5M	746.8M	152.88%	-55.89%	-3.57	0.02	15.88%	-226.93%
AC	695.7K	25.3M	-2.79%	-12.08%	0.02	0.03	137.10%	176.58%

Franklin Resources Inc News

Latest updates

Franklin Resources Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	1,991	1,986	1,969	1,927	1,967	1,939	2,031	2,081	2,224	2,181	2,173	2,077	1,995	1,705	1,161	1,311	1,389	1,347	1,477	1,434	1,412
Operating Expenses	8.3%	1,785	1,648	1,654	1,672	1,773	1,591	1,627	1,618	1,666	1,650	1,695	1,620	1,586	1,601	929	971	1,016	1,046	1,102	1,054	1,000
S&GA Expenses	-2.5%	401	411	407	407	389	413	440	482	510	527	531	542	507	467	369	424	444	463	462	449	445
EBITDA Margin	5.2%	0.22*	0.21*	0.19*	0.18*	0.18*	0.23*	0.28*	0.30*	0.32*	0.31*	0.26*	0.25*	-	-	-	-	-	-	-	-	-
Interest Expenses	-23.0%	19.00	24.00	35.00	34.00	31.00	27.00	29.00	23.00	19.00	14.00	26.00	16.00	30.00	18.00	5.00	4.00	6.00	5.00	6.00	6.00	6.00
Income Taxes	-0.1%	75.00	75.00	84.00	93.00	60.00	49.00	90.00	107	151	-4.80	84.00	128	143	73.00	16.00	44.00	98.00	87.00	159	111	86.00
Earnings Before Taxes	-21.8%	331	424	332	431	229	254	313	466	696	738	555	614	537	200	270	103	446	396	414	493	346
EBT Margin	6.9%	0.19*	0.18*	0.16*	0.16*	0.16*	0.21*	0.26*	0.28*	0.30*	0.29*	0.24*	0.23*	-	-	-	-	-	-	-	-	-
Net Income	-15.0%	251	296	228	194	166	233	256	350	453	666	438	382	345	79.00	290	79.00	351	306	246	368	276
Net Income Margin	9.4%	0.12*	0.11*	0.11*	0.11*	0.13*	0.16*	0.20*	0.22*	0.22*	0.22*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	-136.4%	-271	746	576	-48.80	-283	832	807	78.00	150	462	179	248	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.8%	29,866	30,121	30,235	29,086	29,335	28,061	27,596	25,833	24,995	24,168	23,129	21,870	21,230	21,685	15,617	14,666	15,002	14,532	14,463	14,239	13,951
Cash Equivalents	-11.9%	3,880	4,402	4,388	4,279	4,502	4,783	4,479	5,015	4,544	4,647	4,361	4,604	4,458	3,990	7,030	6,036	5,976	6,207	5,758	5,946	6,659
Net PPE	0.9%	807	800	806	750	760	743	759	744	756	770	753	768	801	814	705	709	692	684	685	577	541
Goodwill	0.2%	6,013	6,004	6,012	6,007	5,943	5,779	5,807	-9.30	262	4,458	4,517	4,516	4,515	4,501	2,191	-	-	2,130	-	-	-
Liabilities	-2.4%	16,150	16,547	16,645	15,683	14,800	14,236	13,817	12,505	11,815	11,425	10,646	9,373	9,193	10,274	3,900	3,704	3,377	3,161	3,091	2,921	2,942
Long Term Debt	-0.2%	3,047	3,053	3,359	3,365	3,371	3,376	3,382	3,388	3,394	3,399	3,481	3,487	3,753	3,017	697	697	697	697	697	698	698
Shareholder's Equity	0.7%	12,002	11,917	11,948	12,443	12,556	12,299	12,285	12,190	12,196	11,811	11,431	11,519	11,280	10,869	10,904	10,685	10,759	10,542	10,566	10,499	10,077
Retained Earnings	0.2%	12,402	12,377	12,361	12,260	12,113	12,046	11,998	11,891	11,892	11,551	11,151	10,862	10,665	10,473	10,515	10,330	10,408	10,288	10,242	10,220	10,088
Shares Outstanding	-0.2%	495	496	499	501	500	500	498	500	503	502	503	504	-	-	-	-	-	-	-	-	-
Minority Interest	0.8%	636	631	591	611	889	824	741	649	644	587	556	955	879	755	790	781	678	635	655	615	331
Float	-	-	-	-	7,700	-	-	-	7,900	-	-	-	8,500	-	-	-	4,600	-	-	-	9,400	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-132.6%	-251	773	655	-33.40	-256	866	820	104	166	506	193	255	291	381	562	109	32.00	99.00	-274	189	255
Share Based Compensation	49.4%	67.00	45.00	16.00	53.00	70.00	47.00	48.00	53.00	59.00	45.00	40.00	45.00	41.00	35.00	29.00	30.00	28.00	23.00	29.00	28.00	31.00
Cashflow From Investing	58.4%	-137	-330	-1,056	-1,152	-1,042	-649	-1,528	-422	-728	-679	-658	-466	-811	-3,597	-470	36.00	-29.60	-266	-274	-635	-99.10
Cashflow From Financing	59.8%	-159	-396	504	962	959	96.00	213	809	467	487	212	370	961	155	643	-54.80	-9.30	642	361	-266	-396
Dividend Payments	2.1%	156	153	153	153	148	146	147	147	143	141	142	142	135	134	134	135	131	131	132	133	122
Buy Backs	-68.5%	59.00	187	51.00	4.00	14.00	27.00	51.00	81.00	22.00	71.00	46.00	46.00	46.00	30.00	0.00	65.00	124	163	121	145	327

BEN Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Operating Revenues
Operating revenues	$ 1,991.1	$ 1,967.1
Operating Expenses
Compensation and benefits	968.3	979.2
Sales, distribution and marketing	400.8	388.6
Information systems and technology	131.0	121.4
Occupancy	66.7	54.5
Amortization of intangible assets	85.8	83.2
General, administrative and other	132.0	146.2
Total operating expenses	1,784.6	1,773.1
Operating Income	206.5	194.0
Other Income (Expenses)
Investment and other income, net	173.2	91.1
Interest expense	(18.8)	(30.9)
Expenses of consolidated investment products	2.0	7.6
Other Income, Net	124.7	35.1
Income before taxes	331.2	229.1
Taxes on income	74.9	60.3
Net income	256.3	168.8
Less: net income (loss) attributable to
Redeemable noncontrolling interests	9.5	(1.5)
Nonredeemable noncontrolling interests	(4.5)	4.7
Net income attributable to Franklin Resources, Inc.	$ 251.3	$ 165.6
Earnings per Share
Basic	$ 0.50	$ 0.32
Diluted	$ 0.50	$ 0.32
CIPs [Member]
Other Income (Expenses)
Investment and other income, net	$ (23.8)	$ (13.6)
Expenses of consolidated investment products	(5.9)	(11.5)
Less: net income (loss) attributable to
Redeemable noncontrolling interests	(2.9)	(12.2)
Investment management fees [Member]
Operating Revenues
Operating revenues	1,652.2	1,631.8
Sales and distribution fees [Member]
Operating Revenues
Operating revenues	296.4	291.9
Shareholder servicing fees [Member]
Operating Revenues
Operating revenues	32.5	33.4
Other [Member]
Operating Revenues
Operating revenues	$ 10.0	$ 10.0

BEN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Sep. 30, 2023
Assets
Receivables	$ 1,469.6	$ 1,348.4
Investments	2,317.3	2,222.0
Total investments, at fair value	894.2	872.8
Property and equipment, net	807.0	800.1
Goodwill	6,012.9	6,003.8
Intangible assets, net	4,823.4	4,902.2
Operating lease right-of-use assets	793.7	406.3
Other	399.2	398.8
Total Assets	29,865.8	30,121.2
Liabilities
Compensation and benefits	1,163.9	1,665.1
Accounts payable and accrued expenses	533.9	530.0
Income taxes	620.0	513.5
Debt	3,046.9	3,052.8
Deferred tax liabilities	393.1	450.4
Operating lease liabilities	865.4	467.8
Other	1,219.7	1,286.2
Total liabilities	16,149.7	16,547.3
Commitments and Contingencies (Note 10)
Redeemable Noncontrolling Interests	1,078.5	1,026.1
Stockholders’ Equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued	0.0	0.0
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 494,734,214 and 495,937,891 shares issued and outstanding at December 31, 2023 and September 30, 2023	49.5	49.6
Retained earnings	12,402.4	12,376.6
Accumulated other comprehensive loss	(450.3)	(509.3)
Total Franklin Resources, Inc. stockholders’ equity	12,001.6	11,916.9
Nonredeemable noncontrolling interests	636.0	630.9
Total stockholders’ equity	12,637.6	12,547.8
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity	29,865.8	30,121.2
CIPs [Member]
Assets
Cash and cash equivalents	552.2	716.0
Receivables	294.0	166.7
Total investments, at fair value	9,363.1	9,637.2
Total Assets	10,209.3	10,519.9
Liabilities
Accounts payable and accrued expenses	467.2	349.7
Debt	7,839.6	8,231.8
Other	24.3	25.1
Total liabilities	8,331.1	8,606.6
Redeemable Noncontrolling Interests	555.3	580.1
Stockholders’ Equity
Total Franklin Resources, Inc. stockholders’ equity	1,038.7	1,033.9
Nonredeemable noncontrolling interests	284.2	299.3
Total stockholders’ equity	1,322.9	1,333.2
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity	10,209.3	10,519.9
Franklin Resources, Inc. [Member]
Assets
Cash and cash equivalents	$ 3,327.4	$ 3,686.4

About Franklin Resources Inc

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.

CEO	Ms. Jennifer M. Johnson
WEBSITE	franklinresources.com
INDUSTRY	Asset Management
EMPLOYEES	9300

Franklin Resources Inc Frequently Asked Questions

What is the ticker symbol for Franklin Resources Inc? What does BEN stand for in stocks?

BEN is the stock ticker symbol of Franklin Resources Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Franklin Resources Inc (BEN)?

As of Wed Apr 17 2024, market cap of Franklin Resources Inc is 13.06 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BEN stock?

You can check BEN's fair value in chart for subscribers.

What is the fair value of BEN stock?

You can check BEN's fair value in chart for subscribers. The fair value of Franklin Resources Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Franklin Resources Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BEN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Franklin Resources Inc a good stock to buy?

The fair value guage provides a quick view whether BEN is over valued or under valued. Whether Franklin Resources Inc is cheap or expensive depends on the assumptions which impact Franklin Resources Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BEN.

What is Franklin Resources Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, BEN's PE ratio (Price to Earnings) is 13.48 and Price to Sales (PS) ratio is 1.66. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BEN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Franklin Resources Inc's stock?

In the past 10 years, Franklin Resources Inc has provided -0.042 (multiply by 100 for percentage) rate of return.