Key facts, as of
As of October 7, 2026, Franklin Resources (BEN) trades at $32.44, up 39.9% over the past year. Its 52-week range runs from $21.11 to $36.28; the price is 10.6% below that high. It is 45.4% below its all-time high of $59.43, reached in December 2014. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +49.1%, against +312.9% for the S&P 500 (SPY). It sits 9.5% above its 200-day average of $29.62, the usual sign of a long-term uptrend. Its 30-day volatility is 17.6% annualized, which we rate medium risk. It has a trailing P/E of 22.1 and a dividend yield of 4.07%.
Cite: Portfolio Terminal, "Franklin Resources (BEN) stock analysis", 2026-10-07. https://portfolio-terminal.com/analyse/ben
Where it trades today
trading 75% of the way up its 52-week range
How the price has moved
How far it is from its record
Franklin Resources (BEN) is 45.4% below its all-time high of $59.43, reached in December 2014. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +49.1%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Credit quality, deposit stability, and how management navigates the rate cycle usually drive the next rerating.
- BEN trades at 22.1x earnings, well above the financial services average of 12.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 17.6%, below the sector norm of 24.0%, which supports a steadier role inside a diversified portfolio.
- BEN remains in a bearish short-term trend and sits 10.6% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- BEN is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- The stock becomes more useful when paired with an explicit catalyst watchlist, because sector sentiment can shift quickly around policy, rates, or pipeline news.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in BEN.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as JPM, BAC, WFC start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for BEN come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Financial Services so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as JPM, BAC, WFC.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for BEN. Last refresh: Oct 7, 2026, 9:55 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as JPM, BAC, WFC.
What Franklin Resources does
Franklin Templeton Inc. is a publicly owned asset investment manager. 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 Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore;…
Employees
10,100
Industry
Asset Management
Headquarters
San Mateo, United States
What analysts expect
BEN carries a hold consensus from 12 analysts, with an average price target of $35.50 versus $32.44 today (+9.4%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
BEN generated $9.32B in trailing revenue (14.3% year over year), with a 8.7% net margin, and -$2.99B of free cash flow, against $901.80M of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $8.77B | $7.05B | $1.10B | $524.90M | $0.91 | $911.60M |
| 2024 | $8.48B | $6.79B | $1.16B | $464.80M | $0.85 | $794.20M |
| 2023 | $7.85B | $6.35B | $1.44B | $882.80M | $1.72 | $940.40M |
| 2022 | $8.28B | $6.85B | $1.95B | $1.29B | $2.53 | $1.87B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
BEN is in 6 of the 30 ETFs we track. It weighs most in XLF: 0.12% of the fund, holding #75 of 76.
How it sits in financial services
Sector covering banks, insurance, asset management, and fintech companies.
The companies it competes with
BEN beside the financial services names it is usually measured against.
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 3.6% below its 50-day average and 9.5% above its 200-day.
- RSI at 42 is neither stretched nor washed out.
- The nearest ceiling is $33.04 (+1.8%), the nearest floor $24.75 (-23.7%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is BEN a good investment in 2026?
Franklin Resources trades at a P/E ratio of 22.1, with medium volatility (17.6% annualized). Recent trend shows weakness.
What is the risk level of BEN?
Based on 30-day volatility of 17.6%, BEN has MEDIUM risk. Beta of 1.58 indicates higher sensitivity to market movements than average.
Does BEN pay dividends?
Yes, Franklin Resources has a dividend yield of 4.07%.
How far is BEN from its all-time high?
Franklin Resources is 45.4% below its all-time high of $59.43, reached in December 2014. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +49.1%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold BEN?
6 of the 30 popular ETFs we track hold Franklin Resources. The largest weights: XLF (0.12%), VYM (0.04%), VOO (0.02%), IVV (0.01%) and VTI (0.01%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is BEN?
0.02%, as of August 31, 2026: BEN is holding #478 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.16 in Franklin Resources.
What is the analyst price target for BEN?
The average analyst price target for Franklin Resources (BEN) is $35.50 based on 12 analyst estimates, about 9.4% above the current price of $32.44. The published range runs from $26.00 to $41.00.
How much revenue does BEN generate?
Franklin Resources reported $9.32B in trailing twelve-month revenue. Revenue growth is running at 14.3% year over year. Net margin sits at 8.7%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare BEN with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.