Franklin Resources, Inc. vs Essex Property Trust, Inc. — how do they compare? Franklin Resources, Inc. trades at $33.37 (market cap $16.95B), while Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B). The key difference: Franklin Resources, Inc. and Essex Property Trust, Inc. are close in size by market cap, and Franklin Resources, Inc. pays the higher dividend (3.96%). Which is the better fit depends on your goals.
| BEN | ESS | |
|---|---|---|
Market Cap | $16.95B | $18.15B |
Sector | Financials | Real Estate |
52-Week High | $35.77 | $298.33 |
52-Week Low | $21.18 | $239.61 |
Enterprise Value | $29.90B | $24.75B |
Dividend Yield | 3.96% | 3.93% |
Trailing returns across standard periods
Latest headlines on both assets
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2022, Franklin had $1.388 trillion in managed assets, composed primarily of equity (32%), fixed-income (38%), multi-asset/balanced (10%) funds, alternatives (16%), and money market funds (4%). Distribution tends to be weighted more toward retail investors (49% of AUM) investors, as opposed to institutional (49%) and high-net-worth (2%) clients. Franklin is also one of the more global firms of the U.S.-based asset managers with more than 35% of its AUM invested in global/international strategies and 25% of managed assets sourced from clients domiciled outside the United States.
Read more on BEN →Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →