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BEN

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

23.35USD+0.22 (+0.95%)Market Closed

Market Summary

BEN
USD23.35+0.22
Market Closed
0.95%

BEN Alerts

  • Big fall in earnings (Y/Y)

BEN Stock Price

View Fullscreen

BEN RSI Chart

BEN Valuation

Market Cap

12.3B

Price/Earnings (Trailing)

13.67

Price/Sales (Trailing)

1.52

EV/EBITDA

7.12

Price/Free Cashflow

10.36

BEN Price/Sales (Trailing)

BEN Profitability

EBT Margin

16.76%

Return on Equity

6.99%

Return on Assets

2.73%

Free Cashflow Yield

9.65%

BEN Fundamentals

BEN Revenue

Revenue (TTM)

8.1B

Rev. Growth (Yr)

11.71%

Rev. Growth (Qtr)

8.12%

BEN Earnings

Earnings (TTM)

898.5M

Earnings Growth (Yr)

-36.05%

Earnings Growth (Qtr)

-50.58%

Breaking Down BEN Revenue

Last 7 days

-3.8%

Last 30 days

-7.9%

Last 90 days

-13.5%

Trailing 12 Months

-3.7%

How does BEN drawdown profile look like?

BEN Financial Health

Current Ratio

5.3

Debt/Equity

0.24

Debt/Cashflow

0.44

BEN Investor Care

Dividend Yield

5.22%

Dividend/Share (TTM)

1.22

Shares Dilution (1Y)

5.04%

Diluted EPS (TTM)

1.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20248.1B000
20237.9B7.8B7.8B7.9B
20228.7B8.5B8.3B8.0B
20216.9B7.9B8.4B8.7B
20205.5B5.2B5.6B6.2B
20195.8B5.7B5.7B5.6B
20186.5B6.4B6.2B6.0B
20176.4B6.4B6.4B6.4B
20167.2B6.9B6.6B6.4B
20158.4B8.2B7.9B7.6B
20148.3B8.3B8.5B8.4B
20137.5B7.8B8.0B8.2B
20127.2B7.1B7.1B7.3B
20116.5B6.8B7.1B7.1B
20105.1B5.6B5.9B6.2B
20095.1B4.7B4.2B4.6B
200806.1B6.0B5.6B
2007006.2B0
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Tracking the Latest Insider Buys and Sells of Franklin Resources Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold BEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
PGGM Investments
added
158
665,000
1,128,000
0.02%
May 24, 2024
Cetera Investment Advisers
added
13.2
507,857
7,954,160
0.02%
May 21, 2024
LRI Investments, LLC
new
-
1,153
1,153
-%
May 17, 2024
Plato Investment Management Ltd
new
-
710,255
710,255
0.07%
May 17, 2024
Aspect Partners, LLC
unchanged
-
-795
13,296
0.01%
May 16, 2024
LBP AM SA
added
37.6
1,816,800
7,904,390
0.32%
May 16, 2024
COMERICA BANK
reduced
-0.26
-289,840
4,638,800
0.02%
May 16, 2024
SkyView Investment Advisors, LLC
new
-
473,000
473,000
0.09%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-17,427
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
0.14
-772,710
13,258,100
0.02%

1–10 of 44

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
May 24, 2024
SC 13D/A
13D - Major Acquisition
May 15, 2024
SC 13D/A
13D - Major Acquisition
May 13, 2024
13F-HR
Fund Holdings Report
May 13, 2024
SC 13G
Major Ownership Report
May 08, 2024
SC 13D
13D - Major Acquisition
May 06, 2024
SC 13D/A
13D - Major Acquisition
Apr 29, 2024
10-Q
Quarterly Report
Apr 29, 2024
8-K
Current Report
Apr 29, 2024
SC 13D/A
13D - Major Acquisition
Apr 19, 2024
SC 13D/A
13D - Major Acquisition

Peers (Alternatives to Franklin Resources Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
116.1B
18.3B
2.43% 18.29%
19.62
6.33
5.32% 20.80%
88.4B
10.3B
-0.12% 48.01%
41.05
8.55
116.39% 249.10%
45.2B
3.6B
7.45% 73.33%
95.37
12.73
12.70% 183.11%
44.2B
19.6B
1.97% 46.33%
13.24
2.25
78.39% 20.24%
12.3B
8.1B
-7.89% -3.75%
13.67
1.52
2.98% 5.84%
MID-CAP
7.0B
5.8B
7.71% 6.39%
-20.86
1.22
-1.10% -153.42%
5.1B
2.0B
-0.94% 13.49%
7.43
2.51
-8.91% -39.33%
3.9B
-
0.54% 0.87%
14.17
-
- 7.16%
3.6B
1.0B
6.78% 38.31%
15.68
3.6
6.21% 20.27%
3.6B
486.3M
0.38% 32.43%
28.12
7.39
-9.75% -22.27%
2.5B
722.2M
-2.35% 19.50%
17.63
3.51
12.85% 46.40%
SMALL-CAP
944.1M
250.6M
8.04% -21.66%
-359.03
3.77
18.02% -111.85%
851.2M
440.5M
-2.34% -
12.44
1.93
11.01% -22.97%
16.6M
770.8M
0.83% -48.29%
-3.82
0.02
10.81% -208.39%
735.8K
23.1M
4.79% -13.58%
0.02
0.03
53.41% 323.95%

Franklin Resources Inc News

Latest updates
Defense World86 minutes ago

Franklin Resources Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue8.1%2,1531,9911,9861,9691,9271,9671,9392,0312,0812,2242,1812,1732,0771,9951,7051,1611,3111,3891,3471,4771,434
Operating Expenses13.4%2,0241,7851,6481,6541,6721,7731,5911,6271,6181,6661,6501,6951,6201,5861,6019299711,0161,0461,1021,054
  S&GA Expenses20.8%484401411407407389413440482510527531542507467369424444463462449
EBITDA Margin-10.2%0.19*0.22*0.21*0.19*0.18*0.18*0.23*0.28*0.30*0.32*0.31*0.26*---------
Interest Expenses47.3%28.0019.0024.0035.0034.0031.0027.0029.0023.0019.0014.0026.0016.0030.0018.005.004.006.005.006.006.00
Income Taxes-16.2%63.0075.0075.0084.0093.0060.0049.0090.00107151-4.8084.0012814373.0016.0044.0098.0087.00159111
Earnings Before Taxes-28.1%238331456332366229254313466696738555614537200270103446396414493
EBT Margin-11.2%0.17*0.19*0.18*0.16*0.16*0.16*0.21*0.26*0.28*0.30*0.29*0.24*---------
Net Income-50.6%12425129622819416623325635045366643838234579.0029079.00351306246368
Net Income Margin-9.8%0.11*0.12*0.11*0.11*0.11*0.13*0.16*0.20*0.22*0.22*0.22*0.16*---------
Free Cashflow135.0%95.00-271746576-48.80-28383280778.00150462179---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets10.2%32,90829,86630,12130,23529,08629,33528,06127,59625,83324,99524,16823,12921,87021,23021,68515,61714,66615,00214,53214,46314,239
    Cash Equivalents6.3%4,1243,8804,4024,3884,2794,5024,7834,4795,0154,5444,6474,3614,6044,4583,9907,0306,0365,9766,2075,7585,946
  Net PPE11.4%899807800806750760743759744756770753768801814705709692684685577
  Goodwill3166.0%6,1991906,0046,0126,0075,9435,7795,8071,1052624,4584,5174,5164,5154,5012,191--2,130--
Liabilities11.9%18,07216,15016,54716,64515,68314,80014,23613,81712,50511,81511,42510,6469,3739,19310,2743,9003,7043,3773,1613,0912,921
  Long Term Debt-0.2%3,0413,0473,0533,3593,3653,3713,3763,3823,3883,3943,3993,4813,4873,7533,017697697697697697698
Shareholder's Equity1.8%12,86112,63811,91711,94812,44312,55612,29912,28512,19012,19611,81111,43111,51911,28010,86910,90410,68510,75910,54210,56610,499
  Retained Earnings-1.1%12,26512,40212,37712,36112,26012,11312,04611,99811,89111,89211,55111,15110,86210,66510,47310,51510,33010,40810,28810,24210,220
  Additional Paid-In Capital-1,022--------------------
Shares Outstanding6.4%526495496499501500500498500503502503---------
Minority Interest13.3%721636631591611889824741649644587556955879755790781678635655615
Float-----7,700---7,900---8,500---4,600---9,400
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations154.2%137-251773695-73.30-25686682010416650619325529138156210932.0099.00-274189
  Share Based Compensation-2.4%65.0067.0045.0016.0053.0070.0047.0048.0053.0059.0045.0040.0045.0041.0035.0029.0030.0028.0023.0029.0028.00
Cashflow From Investing-98.5%-273-137-330-1,029-1,178-1,042-649-1,528-422-728-679-658-466-811-3,597-47036.00-29.60-266-274-635
Cashflow From Financing346.0%391-159-3964381,02895996.00213809467487212370961155643-54.80-9.30642361-266
  Dividend Payments6.4%166156153153153148146147147143141142142135134134135131131132133
  Buy Backs-80.1%12.0059.0018751.004.0014.0027.0051.0081.0022.0071.0046.0046.0046.0030.000.0065.00124163121145
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BEN Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues    
Operating revenues$ 2,152.8$ 1,927.2$ 4,143.9$ 3,894.3
Operating Expenses    
Compensation and benefits1,028.2847.31,996.51,826.5
Sales, distribution and marketing484.3406.6885.1795.2
Information systems and technology155.1128.0286.1249.4
Occupancy76.259.7142.9114.2
Amortization of intangible assets84.686.0170.4169.2
General, administrative and other195.1144.5327.1290.7
Total operating expenses2,023.51,672.13,808.13,445.2
Operating Income129.3255.1335.8449.1
Other Income (Expenses)    
Investment and other income, net52.560.6225.7150.5
Interest expense(27.7)(33.5)(46.5)(64.4)
Expenses of consolidated investment products1.02.23.09.8
Other income, net108.8110.9233.5144.8
Income before taxes238.1366.0569.3593.9
Taxes on income62.892.9137.7153.2
Net income175.3273.1431.6440.7
Less: net income (loss) attributable to    
Redeemable noncontrolling interests42.883.252.381.7
Nonredeemable noncontrolling interests8.3(4.3)3.8(0.8)
Net income attributable to Franklin Resources, Inc.$ 124.2$ 194.2$ 375.5$ 359.8
Earnings per Share    
Basic$ 0.23$ 0.38$ 0.71$ 0.70
Diluted$ 0.23$ 0.38$ 0.71$ 0.70
CIPs [Member]    
Other Income (Expenses)    
Investment and other income, net$ 89.9$ 87.2$ 66.1$ 73.6
Expenses of consolidated investment products(5.9)(3.4)(11.8)(14.9)
Less: net income (loss) attributable to    
Redeemable noncontrolling interests32.770.229.858.0
Investment management fees [Member]    
Operating Revenues    
Operating revenues1,713.91,573.33,366.13,205.1
Sales and distribution fees [Member]    
Operating Revenues    
Operating revenues358.3301.4654.7593.3
Shareholder servicing fees [Member]    
Operating Revenues    
Operating revenues68.043.3100.576.7
Other [Member]    
Operating Revenues    
Operating revenues$ 12.6$ 9.2$ 22.6$ 19.2

BEN Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Sep. 30, 2023
Assets  
Receivables$ 1,449.6$ 1,348.4
Investments2,377.72,222.0
Total investments, at fair value899.7872.8
Property and equipment, net899.3800.1
Goodwill6,198.96,003.8
Intangible assets, net5,331.34,902.2
Operating lease right-of-use assets895.9406.3
Other481.6398.8
Total Assets32,907.730,121.2
Liabilities  
Compensation and benefits1,412.61,665.1
Accounts payable and accrued expenses573.7530.0
Income taxes333.3513.5
Debt3,041.03,052.8
Deferred tax liabilities438.1450.4
Operating lease liabilities983.2467.8
Other1,414.81,286.2
Total liabilities18,072.116,547.3
Commitments and Contingencies (Note 11)
Redeemable Noncontrolling Interests1,253.91,026.1
Stockholders’ Equity  
Preferred stock, $1.00 par value, 1,000,000 shares authorized; none issued0.00.0
Common stock, $0.10 par value, 1,000,000,000 shares authorized; 526,185,104 and 495,937,891 shares issued and outstanding at March 31, 2024 and September 30, 202352.649.6
Additional Paid in Capital, Common Stock1,022.30.0
Retained earnings12,265.412,376.6
Accumulated other comprehensive loss(479.2)(509.3)
Total Franklin Resources, Inc. stockholders’ equity12,861.111,916.9
Nonredeemable noncontrolling interests720.6630.9
Total stockholders’ equity13,581.712,547.8
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity32,907.730,121.2
CIPs [Member]  
Assets  
Cash and cash equivalents824.1716.0
Receivables185.6166.7
Total investments, at fair value11,149.19,637.2
Total Assets12,158.810,519.9
Liabilities  
Accounts payable and accrued expenses744.4349.7
Debt9,131.08,231.8
Other49.225.1
Total liabilities9,924.68,606.6
Redeemable Noncontrolling Interests643.5580.1
Stockholders’ Equity  
Total Franklin Resources, Inc. stockholders’ equity1,255.51,033.9
Nonredeemable noncontrolling interests335.2299.3
Total stockholders’ equity1,590.71,333.2
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders’ Equity12,158.810,519.9
Franklin Resources, Inc. [Member]  
Assets  
Cash and cash equivalents$ 3,300.2$ 3,686.4
BEN
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
 WEBSITEfranklinresources.com
 INDUSTRYAsset Management
 EMPLOYEES9300

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 Fri May 24 2024, market cap of Franklin Resources Inc is 12.28 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 Fri May 24 2024, BEN's PE ratio (Price to Earnings) is 13.67 and Price to Sales (PS) ratio is 1.52. 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 -0.051 (multiply by 100 for percentage) rate of return.