Live Analysis: Franklin Resources, Inc. (BEN) is currently priced at $28.72, marking a significant price increase of $1.15 (4.17%) from the previous close of $27.57. Trading volume is robust, standing at $4.66 million, which is 82.39% higher than the average.
Earnings Overview: In the latest quarterly earnings report on Monday, April 27th, BEN exceeded expectations with a consensus estimate EPS of 0.56.
Dividends: BEN offers a forward dividend yield of 4.6%, with a dividend per share MRQ of 33 cents and a year-over-year growth of 3.2 cents. The trailing twelve months dividend per share is $1.3.
Cash Flow: Operating cash flow stands at -$255.1 million, with a net change in cash of -$89.1 million. The company maintains a healthy cash position with $3.48 billion at the end of the period.
Income Statement: BEN reports a revenue of $2.33 billion and a gross profit of $1.90 billion. The company achieved a net income of $255.5 million, translating to an EPS of 46 cents.
Ratios: Key ratios include a net profit margin of 10.98%, return on equity of 2.11%, and a price-to-earnings ratio of 12.1.
Balance Sheet: With total assets of $32.55 billion and total liabilities of $18.16 billion, BEN maintains a strong financial position.
This comprehensive analysis showcases Franklin Resources, Inc.'s solid performance and financial health in the current market conditions.
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. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.