Large-cap Finance company Franklin Resources has logged a 10.5% change today on a trading volume of 13,437,422. The average volume for the stock is 3,970,257.
Franklin Resources, Inc. is a publicly owned asset management holding company. Based in San Mateo, United States the company has 10,200 full time employees and a market cap of $11,666,481,152. Franklin Resources currently offers its equity investors a dividend that yields 6.2% per year.
The company is now trading 12.43% away from its average analyst target price of $19.8 per share. The 14 analysts following the stock have set target prices ranging from $18.0 to $22.0, and on average give Franklin Resources a rating of hold.
Over the last 12 months BEN shares have declined by -25.5%, which represents a difference of -47.3% when compared to the S&P 500. The stock's 52 week high is $28.61 per share and its 52 week low is $18.83. With its net margins declining an average -1.1% over the last 6 years, Franklin Resources declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 7,849,400 | 882,800 | 11 | -31.25 |
| 2022 | 8,275,300 | 1,291,900 | 16 | -27.27 |
| 2021 | 8,425,500 | 1,831,200 | 22 | 57.14 |
| 2020 | 5,566,500 | 798,900 | 14 | -33.33 |
| 2019 | 5,774,500 | 1,195,700 | 21 | 75.0 |
| 2018 | 6,319,100 | 764,400 | 12 |
