During the last session, Franklin Resources, Inc (NYSE:BEN)’s traded shares were 6.81 million, with the beta value of the company hitting 1.47. At the end of the trading day, the stock’s price was $21.65, reflecting an intraday loss of -2.52% or -$0.56. The 52-week high for the BEN share is $24.36, that puts it down -12.52 from that peak though still a striking 24.94% gain since the share price plummeted to a 52-week low of $16.25. The company’s market capitalization is $11.38B, and the average trade volume was 4.86 million shares over the past three months.
Franklin Resources, Inc (BEN) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.54. BEN has a Sell rating from 2 analyst(s) out of 7 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Franklin Resources, Inc (NYSE:BEN) trade information
Franklin Resources, Inc (BEN) registered a -2.52% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.52% in intraday trading to $21.65, hitting a weekly high. The stock’s 5-day price performance is -2.35%, and it has moved by 15.59% in 30 days. Based on these gigs, the overall price performance for the year is -6.40%.
The consensus price target of analysts on Wall Street is $26, which implies an increase of 16.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19 and $45 respectively. As a result, BEN is trading at a discount of -107.85% off the target high and 12.24% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.46%. While earnings are projected to return -14.81% in 2025, the next five years will return 3.88% per annum.
BEN Dividends
Franklin Resources, Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Franklin Resources, Inc is 1.26, with the dividend yield indicating at 5.82 percent, continuing the trend of increasing dividends in recent years.
Franklin Resources, Inc (NYSE:BEN)’s Major holders
The next largest institutional holding, with 32.22 million shares, is of POWER CORP OF CANADA’s that is approximately 6.2386% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $720.17 million.
Also, the Mutual Funds coming in first place with the largest holdings of Franklin Resources, Inc (BEN) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and ProShares Trust-ProShares S&P 500 Dividend Aristocrats ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 9.87 shares. This amounts to just over 1.88 percent of the company’s overall shares, with a $213.67 million market value. The same data shows that the other fund manager holds slightly less at 8.86, or about 1.69% of the stock, which is worth about $191.82 million.
