Franklin Resources, Inc (BEN) concluded trading on Wednesday at a closing price of $21.65, with 6.81 million shares of worth about $147.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.32% during that period and on Wednesday the price saw a loss of about -2.52%. Currently the company’s common shares owned by public are about 525.40M shares, out of which, 282.95M shares are available for trading.
Stock saw a price change of -2.35% in past 5 days and over the past one month there was a price change of 15.59%. Year-to-date (YTD), BEN shares are showing a performance of 6.70% which decreased to -6.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.25 but also hit the highest price of $24.36 during that period. The average intraday trading volume for Franklin Resources, Inc shares is 4.86 million. The stock is currently trading 2.44% above its 20-day simple moving average (SMA20), while that difference is up 10.15% for SMA50 and it goes to 6.16% higher than SMA200.
Franklin Resources, Inc (NYSE: BEN) currently have 525.40M outstanding shares and institutions hold larger chunk of about 48.29% of that.
The stock has a current market capitalization of $11.38B and its 3Y-monthly beta is at 1.47. PE ratio of stock for trailing 12 months is 31.35, while it has posted earnings per share of $0.69 in the same period. Its PEG reads 8.08 while making debt-to-equity ratio of 1.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BEN, volatility over the week remained 2.38% while standing at 2.12% over the month.
Stock’s fiscal year EPS is expected to drop by -14.81% while it is estimated to increase by 11.13% in next year. EPS is likely to grow at an annualized rate of 3.88% for next 5-years, compared to annual growth of -18.46% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on May 14, 2025 offering a Buy rating for the stock and assigned a target price of $27 to it. Coverage by Goldman stated Franklin Resources, Inc (BEN) stock as a Neutral in their note to investors on January 06, 2025, suggesting a price target of $22 for the stock. On September 12, 2024, Wells Fargo Initiated their recommendations, while on August 27, 2024, Barclays Initiated their ratings for the stock with a price target of $20. Stock get an Equal weight rating from Wells Fargo on January 08, 2024.
