Franklin Resources, Inc (NYSE:BEN) has a beta value of 1.46 and has seen 1.16 million shares traded in the recent trading session. The company, currently valued at $12.23B, closed the recent trade at $23.27 per share which meant it gained $0.38 on the day or 1.67%% during that session. The BEN stock price is -4.68% off its 52-week high price of $24.36 and 30.17% above the 52-week low of $16.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.89 million shares traded. The 3-month trading volume is 5.05 million shares.
The consensus among analysts is that Franklin Resources, Inc (BEN) is Hold stock at the moment, with a recommendation rating of 3.54. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 7 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.48.
Franklin Resources, Inc (NYSE:BEN) trade information
Sporting 1.67%% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BEN stock price touched $23.27 or saw a rise of 0.3%. Year-to-date, Franklin Resources, Inc shares have moved 2.97%, while the 5-day performance has seen it change 2.16%. Over the past 30 days, the shares of Franklin Resources, Inc (NYSE:BEN) have changed 7.69%. Short interest in the company has seen 26.4 million shares shorted with days to cover at 4.32.
Wall Street analysts have a consensus price target for the stock at $26, which means that the shares’ value could jump 10.5% from the levels at last check today.. The projected low price target is $19.0 while the price target rests at a high of $45.0. In that case, then, we find that the latest price level in today’s session is -93.38% off the targeted high while a plunge would see the stock lose 18.35% from the levels at last check today..
Franklin Resources, Inc (BEN) estimates and forecasts
The company’s shares have gained 15.55% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.62%.
3 analysts offering their estimates for the company have set an average revenue estimate of 2.38B for the current quarter. 3 have an estimated revenue figure of 2.38B for the next ending quarter. Year-ago sales stood 2.12B and 2.21B respectively for this quarter and the next, and analysts expect sales will grow by 12.28% for the current quarter and 10.62% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -18.46% over the past 5 years. Earnings growth for 2025 is a modest -14.50% while over the next 5 years, the company’s earnings are expected to increase by 4.08%.
BEN Dividends
Franklin Resources, Inc is expected to release its next earnings report on 2025-May-02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.26 at a share yield of 5.41%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.68%.
Franklin Resources, Inc (NYSE:BEN)’s Major holders
Insiders own 47.59% of the company shares, while shares held by institutions stand at 48.74% with a share float percentage of 93.00%. Investors are also buoyed by the number of investors in a company, with Franklin Resources, Inc having a total of 818.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 35.59 million shares worth more than $795.52 million. As of 2024-06-30, VANGUARD GROUP INC held 6.8913% of shares outstanding.
The other major institutional holder is POWER CORP OF CANADA, with the holding of over 32.22 million shares as of 2024-06-30. The firm’s total holdings are worth over $720.17 million and represent 6.2386% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and ProShares Trust-ProShares S&P 500 Dividend Aristocrats ETF . As of Mar 31, 2025 , the former fund manager holds about 1.89% shares in the company for having 9.94 shares of worth $232.05 million while later fund manager owns 8.75 shares of worth $204.33 million as of May 31, 2025 , which makes it owner of about 1.66% of company’s outstanding stock.
