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 Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.
Asset Management Woes | Franklin Resources grapples with significant outflows from WAMCO subsidiary, impacting overall AUM and investor confidence amid industry headwinds |
Strategic Pivot | Explore Franklin's expansion into private wealth alternatives, offering potential for higher fee rates and asset growth in a competitive landscape |
Financial Outlook | Analysts provide mixed perspectives, with price targets ranging from $19 to $23, reflecting varied views on Franklin's profitability and growth potential |
Regulatory Scrutiny | Learn about ongoing investigations into WAMCO by CFTC, SEC, and DoJ, and their potential impact on Franklin's reputation and future business prospects |
Metrics to compare | BEN | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBENPeersSector | |
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P/E Ratio | 32.6x | 11.5x | 8.9x | |
PEG Ratio | −0.55 | 0.20 | 0.03 | |
Price/Book | 0.9x | 3.0x | 1.0x | |
Price / LTM Sales | 1.3x | 3.8x | 2.7x | |
Upside (Analyst Target) | −10.6% | −8.9% | 11.8% | |
Fair Value Upside | Unlock | 6.0% | 3.1% | Unlock |