In the last trading session, 5.06 million Franklin Resources, Inc. (NYSE:BEN) shares changed hands as the company’s beta touched 1.43. With the company’s per share price at $24.71 changed hands at -$0.23 or -0.92% during last session, the market valuation stood at $13.01B. BEN’s last price was a discount, traded about -22.7% off its 52-week high of $30.32. The share price had its 52-week low at $21.88, which suggests the last value was 11.45% up since then. When we look at Franklin Resources, Inc.’s average trading volume, we note the 3-month average coming to 3.39 million.
Franklin Resources, Inc. (NYSE:BEN) trade information
Instantly BEN was in red as seen at the end of in last trading. With action -10.28%, the performance over the past five days has been red. The drop to weekly highs of 27.06 subtracted -0.92% to the stock’s daily price. The company’s shares are showing year-to-date downside of -17.05%, with the 5-day performance at -10.28% in the red. However, in the 30-day time frame, Franklin Resources, Inc. (NYSE:BEN) is -8.14% down.
Franklin Resources, Inc. (BEN) estimates and forecasts
Data shows that the Franklin Resources, Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 9.09% over the past 6 months, a -3.08% in annual growth rate that is considerably lower than the industry average of 7.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.38%. The 2024 estimates are for Franklin Resources, Inc. earnings to decrease by -2.29%, but the outlook for the next 5-year period is at 8.63% per year.
BEN Dividends
Franklin Resources, Inc. is expected to release its next quarterly earnings report on April 29. The 4.94% annual yield figure for the share gives it an annual dividend of 1.22. It is important to note, however, that the 4.94% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
