Franklin Resources (BEN) Expected to Announce Quarterly Earnings on Friday

Franklin Resources (NYSE:BEN - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.50 per share and revenue of $2.44 billion for the quarter.

Franklin Resources (NYSE:BEN - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The closed-end fund reported $0.59 EPS for the quarter, topping the consensus estimate of $0.56 by $0.03. Franklin Resources had a net margin of 4.32% and a return on equity of 9.45%. During the same period in the prior year, the business earned $0.65 earnings per share. On average, analysts expect Franklin Resources to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Franklin Resources Stock Down 2.9 %

Shares of NYSE:BEN traded down $0.54 during trading on Wednesday, hitting $18.22. The company's stock had a trading volume of 223,863 shares, compared to its average volume of 4,252,367. The business has a 50 day moving average price of $19.03 and a two-hundred day moving average price of $20.22. The company has a market capitalization of $9.57 billion, a PE ratio of 28.03, a P/E/G ratio of 2.31 and a beta of 1.36. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 1.66. Franklin Resources has a fifty-two week low of $16.25 and a fifty-two week high of $24.86.

Franklin Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 31st were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.03%. Franklin Resources's payout ratio is currently 196.92%.

Analysts Set New Price Targets

BEN has been the subject of a number of research reports. Morgan Stanley reduced their price target on shares of Franklin Resources from $18.00 to $15.00 and set an "underweight" rating for the company in a research report on Monday, April 7th. Wells Fargo & Company reduced their target price on shares of Franklin Resources from $24.00 to $20.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. TD Cowen reduced their target price on shares of Franklin Resources from $20.00 to $17.50 and set a "hold" rating for the company in a report on Wednesday, April 9th. The Goldman Sachs Group cut their price target on shares of Franklin Resources from $21.50 to $19.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Finally, Barclays cut their price target on shares of Franklin Resources from $22.00 to $17.00 and set an "underweight" rating for the company in a report on Wednesday, April 16th. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat, Franklin Resources has an average rating of "Hold" and a consensus target price of $18.96.

Franklin Resources Company Profile

Franklin Resources, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.