Franklin Resources Future Growth

Future criteria checks 1/6

Franklin Resources is forecast to grow earnings and revenue by 9.4% and 1.3% per annum respectively. EPS is expected to grow by 10.6% per annum. Return on equity is forecast to be 11.4% in 3 years.

Key information

9.4%

Earnings growth rate

10.6%

EPS growth rate

Capital Markets earnings growth	15.6%
Revenue growth rate	1.3%
Future return on equity	11.4%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

Franklin Resources: High Yield, AUM Ticks Up, But Long-Term Challenges Remain

Mar 05

Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31

Dec 30

Franklin Resources, Inc.'s (NYSE:BEN) Shares Leap 26% Yet They're Still Not Telling The Full Story

Dec 27

Franklin Resources: A Value Play With Catalysts

Dec 22

Franklin Resources' (NYSE:BEN) Upcoming Dividend Will Be Larger Than Last Year's

Dec 16

This Just In: Analysts Are Boosting Their Franklin Resources, Inc. (NYSE:BEN) Outlook for This Year

May 02

Franklin Resources (NYSE:BEN) Is Increasing Its Dividend To $0.30

Feb 11

Franklin Resources declares $0.30 dividend

Feb 07

Franklin Resources FQ1 2023 Earnings Preview

Jan 27

Franklin Resources AUM slip 1.6% in December amid selloff in markets

Jan 11

T. Rowe Price And Franklin Resources: Obsolete Businesses Or Ripe For A Rebound In 2023?

Dec 28

Franklin Resources November AUM rises to $1.41T in wake of market appreciation

Dec 12

Franklin Resources reports AUM for Oct

Nov 09

Franklin Resources: A Poor Growth Outlook As Shares Trend Lower Into Earnings

Oct 27

Franklin Resources AUM slides 6.5% in September on market decline, outflows

Oct 11

Franklin Resources (NYSE:BEN) Is Paying Out A Dividend Of $0.29

Sep 16

Franklin Resources (NYSE:BEN) Is Due To Pay A Dividend Of $0.29

Sep 02

Franklin Resources declares $0.29 dividend

Aug 29

Franklin Resources: Reduced Confidence In Valuation - Downgraded To Hold

Aug 17

Earnings and Revenue Growth Forecasts

NYSE:BEN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2026	8,858	1,295	1,429	1,533	3
9/30/2025	8,778	1,392	1,727	1,858	4
9/30/2024	8,318	1,222	1,222	1,355	4
12/31/2023	7,873	929	1,002	1,143	N/A
9/30/2023	7,849	845	990	1,139	N/A
6/30/2023	7,802	785	1,076	1,232	N/A
3/31/2023	7,865	812	1,306	1,397	N/A
12/31/2022	8,018	962	1,433	1,534	N/A
9/30/2022	8,275	1,238	1,866	1,957	N/A
6/30/2022	8,517	1,652	1,496	1,596	N/A
3/31/2022	8,659	1,826	869	970	N/A
12/31/2021	8,654	1,857	1,038	1,121	N/A
9/30/2021	8,426	1,754	1,166	1,245	N/A
6/30/2021	7,950	1,188	1,067	1,120	N/A
3/31/2021	6,938	1,056	1,438	1,489	N/A
12/31/2020	6,172	768	1,251	1,343	N/A
9/30/2020	5,567	784	980	1,083	N/A
6/30/2020	5,209	1,015	619	735	N/A
3/31/2020	5,525	971	-337	-102	N/A
12/31/2019	5,647	1,258	-255	-21	N/A
9/30/2019	5,669	1,185	35	269	N/A
6/30/2019	5,849	1,383	653	891	N/A
3/31/2019	5,931	1,538	1,642	1,777	N/A
12/31/2018	6,115	1,605	2,051	2,164	N/A
9/30/2018	6,205	747	2,123	2,230	N/A
6/30/2018	6,409	668	1,588	1,686	N/A
3/31/2018	6,464	676	1,328	1,418	N/A
12/31/2017	6,447	663	928	1,010	N/A
9/30/2017	6,392	1,684	N/A	1,135	N/A
6/30/2017	6,387	1,731	N/A	1,521	N/A
3/31/2017	6,408	1,768	N/A	1,912	N/A
12/31/2016	6,421	1,708	N/A	1,879	N/A
9/30/2016	6,618	1,716	N/A	1,728	N/A
6/30/2016	6,880	1,603	N/A	1,603	N/A
3/31/2016	7,247	1,661	N/A	1,560	N/A
12/31/2015	7,642	1,906	N/A	1,975	N/A
9/30/2015	7,949	2,023	N/A	2,252	N/A
6/30/2015	8,230	2,304	N/A	2,542	N/A
3/31/2015	8,360	2,378	N/A	2,620	N/A
12/31/2014	8,446	2,333	N/A	2,386	N/A
9/30/2014	8,491	2,370	N/A	2,138	N/A
6/30/2014	8,321	2,239	N/A	1,919	N/A
3/31/2014	8,275	2,212	N/A	1,903	N/A
12/31/2013	8,193	2,225	N/A	2,074	N/A
9/30/2013	7,985	2,136	N/A	2,036	N/A
6/30/2013	7,816	2,120	N/A	1,708	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEN's forecast earnings growth (9.4% per year) is above the savings rate (2.3%).

Earnings vs Market: BEN's earnings (9.4% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: BEN's earnings are forecast to grow, but not significantly.

Revenue vs Market: BEN's revenue (1.3% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: BEN's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BEN's Return on Equity is forecast to be low in 3 years time (11.4%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Franklin Resources Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.1% to US$27.23

Price target increased by 7.5% to US$27.08

Consensus EPS estimates fall by 18%, revenue upgraded

Price target decreased by 8.2% to US$23.75

Consensus EPS estimates fall by 11%

Consensus EPS estimates increase by 11%

Recent updates

Franklin Resources, Inc. to Report Q2, 2024 Results on Apr 29, 2024

Eaglebrook Advisors Introduces Managed Bitcoin and Ethereum Separately Managed Account Strategy in Partnership with Franklin Templeton

Upcoming dividend of US$0.31 per share

Franklin Resources: High Yield, AUM Ticks Up, But Long-Term Challenges Remain

First quarter dividend of US$0.31 announced

Franklin Resources, Inc. Announces Executive Changes

Franklin Resources, Inc. Announces Quarterly Dividend, Payable on April 12, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.1% to US$27.23

Franklin Templeton Launches Franklin Bitcoin ETF

Price target increased by 7.5% to US$27.08

Franklin Resources, Inc. to Report Q1, 2024 Results on Jan 29, 2024

Franklin Resources' (NYSE:BEN) Dividend Will Be Increased To $0.31

Franklin Resources, Inc., Annual General Meeting, Feb 06, 2024

Franklin Resources, Inc.'s (NYSE:BEN) Shares Leap 26% Yet They're Still Not Telling The Full Story

Upcoming dividend of US$0.31 per share at 4.2% yield

Burtech Acquisition Corp. (NasdaqGM:BRKH) entered into a definitive agreement to acquire Blaize, Inc. from a group of shareholders.

Franklin Resources: A Value Play With Catalysts

Franklin Resources' (NYSE:BEN) Upcoming Dividend Will Be Larger Than Last Year's

Franklin Resources, Inc. Announces Quarterly Cash Dividend, Payable on January 12, 2024

Insider recently sold US$634k worth of stock

Franklin Templeton Veteran Andrew Ashton Appointed as Chairman of Franklin Templeton Canada

Consensus EPS estimates fall by 18%, revenue upgraded

Price target decreased by 8.2% to US$23.75

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 11%

Holding Off Franklin Resources Ahead Of Q4 Earnings

Consensus EPS estimates increase by 11%

Franklin Resources, Inc. to Report Q4, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.30 per share at 4.6% yield

Franklin Resources, Inc. Announces Quarterly Cash Dividend, Payable on October 13, 2023

Taking Profits In Franklin Resources Inc.

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Franklin Resources, Inc. to Report Q3, 2023 Results on Jul 28, 2023

Franklin Resources, Inc.(NYSE:BEN) dropped from Russell 1000 Value-Defensive Index

Franklin Resources: Buying Does Not Solve Underlying Problems

Upcoming dividend of US$0.30 per share at 4.6% yield

Consensus revenue estimates increase by 10%

Franklin Resources, Inc. Announces Quarterly Cash Dividend, Payable on July 14, 2023

Franklin Resources, Inc. (NYSE:BEN) entered into a definitive agreement to acquire Putnam LLC from Great-West Lifeco Inc. (TSX:GWO) for $1.3 billion.

Franklin Resources: A Mixed Quarter, Still Not Good Enough On Valuation

Consensus EPS estimates increase by 14%

This Just In: Analysts Are Boosting Their Franklin Resources, Inc. (NYSE:BEN) Outlook for This Year

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.30 per share at 4.6% yield

Franklin Resources, Inc. Announces the Appointment of Leeor P. Avigdor as Senior Vice President, Global Treasurer and Head of M&A

Franklin Resources (NYSE:BEN) Is Increasing Its Dividend To $0.30

Franklin Resources, Inc. Announces Quarterly Dividend, Payable on April 14, 2023

Franklin Resources declares $0.30 dividend

Insider recently sold US$917k worth of stock

Price target increased by 8.7% to US$26.46

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Franklin Resources FQ1 2023 Earnings Preview

Consensus EPS estimates fall by 13%

Franklin Templeton Announces Plans to Convert Franklin Focused Growth Mutual Fund to an ETF

Franklin Resources AUM slip 1.6% in December amid selloff in markets

Franklin Resources, Inc. to Report Q1, 2023 Results on Jan 30, 2023

Franklin Resources, Inc., Annual General Meeting, Feb 07, 2023

T. Rowe Price And Franklin Resources: Obsolete Businesses Or Ripe For A Rebound In 2023?

Upcoming dividend of US$0.30 per share

Franklin Resources, Inc. Announces Quarterly Dividend, Payable on January 13, 2023

Franklin Resources November AUM rises to $1.41T in wake of market appreciation

Leonardo DRS, Inc. completed the acquisition of RADA Electronic Industries Ltd. (NasdaqCM:RADA) from Franklin Resources, Inc. (NYSE:BEN), The Phoenix Holdings Ltd. (TASE:PHOE), Wellington Group Holdings Llp and others in a reverse merger transaction.

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Investor sentiment improved over the past week

Franklin Resources reports AUM for Oct