ADVFN Logo
Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.
Beneficient

Beneficient (BENF)

1.62
-0.27
(-14.29%)
At close: October 07 4:00PM
1.58
-0.04
( -2.47% )
After Hours: 4:20PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
1.58
Bid
1.58
Ask
1.63
Volume
2,336,091
1.43 Day's Range 1.74
1.11 52 Week Range 109.60
Market Cap
Previous Close
1.89
Open
1.47
Last Trade
2
@
1.58
Last Trade Time
16:21:32
Financial Volume
$ 3,748,288
VWAP
1.6045
Average Volume (3m)
3,894,803
Shares Outstanding
4,245,621
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-493.6
Revenue
-98.7M
Net Profit
-2.1B

About Beneficient

Beneficient is a technology-enabled financial services company. The Company provides liquidity solutions and trust products and services to participants in the alternative assets industry through its end-to-end online regulated platform, Ben AltAccess. The Company operates through three segments: Be... Beneficient is a technology-enabled financial services company. The Company provides liquidity solutions and trust products and services to participants in the alternative assets industry through its end-to-end online regulated platform, Ben AltAccess. The Company operates through three segments: Ben Liquidity, Ben Custody and Customer ExAlt Trusts. The Ben Liquidity segment offers Ben¿s alternative asset liquidity and fiduciary financing products through Ben AltAccess. The Ben Custody segment addresses the administrative and regulatory burden of holding alternative assets by offering custody and trust administration support services to trustees of the Customer ExAlt Trusts, including BFF, and also offers document custodian services to customers. The Customer ExAlt Trusts segment holds interests in alternative assets. Its other business unit, Ben Markets, provides broker-dealer and transfer agency services in connection with offering certain of its liquidity products and services. Show more

Sector
Finance Services
Industry
Finance Services
Headquarters
Wilmington, Delaware, USA
Founded
-
Beneficient is listed in the Finance Services sector of the NASDAQ with ticker BENF. The last closing price for Beneficient was $1.89. Over the last year, Beneficient shares have traded in a share price range of $ 1.11 to $ 109.60.

Beneficient currently has 4,245,621 shares outstanding. The market capitalization of Beneficient is $8.02 million. Beneficient has a price to earnings ratio (PE ratio) of 0.00.

BENF Latest News

Beneficient Consummates Transaction to Increase Permanent Equity by $126 Million

DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company announces that its subsidiary Beneficient...

Beneficient Reports Results For First Quarter Fiscal 2025

Maintained Cost-Efficient Operating Profile New Machine-Automated Pricing System Enhances Portfolio Growth Capabilities in Support of Multibillion Dollar Liquidity and Primary Capital Product...

Beneficient Announces Enhanced AltAccess Platform With New Machine-Automated Pricing System

DALLAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company, is excited to announce the latest...

Beneficient to Participate in the Sidoti Micro-Cap Conference on August 15, 2024

DALLAS, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company that provides liquidity, primary capital...

Beneficient Announces First Quarter Fiscal 2025 Earnings Release and Webcast

DALLAS, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company that provides liquidity, primary capital...

Beneficient Enters Into Private Placement of $4.0 Million in Convertible Debentures and Warrants Priced At-The-Market Under Nasdaq Rules

DALLAS, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company that provides liquidity, primary capital...

Beneficient Announces Rescheduled Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Webcast

DALLAS, July 05, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled platform providing exit opportunities and primary capital solutions and...

Beneficient Announces Termination of SEC Investigation

DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company that provides liquidity, primary capital...

Beneficient Announces Fourth Quarter and Full Year Fiscal 2024 Earnings Release and Webcast

DALLAS, July 01, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled platform providing exit opportunities and related trust and custody services...

Beneficient Regains Compliance with NASDAQ Minimum Bid Price Rule

DALLAS, May 03, 2024 (GLOBE NEWSWIRE) -- Beneficient (the β€œCompany”) (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.3326.41.252.141.11202216701.88756609CS
4-0.2-11.23595505621.782.141.1153752641.86205065CS
12-2.66-62.73584905664.244.59991.1138948031.98478949CS
26-2.436-60.65737051794.01613.2161.1154748785.08680056CS
52-102.42-98.4807692308104109.61.1135551676.48936434CS
156-1310.42-99.8795731707131213201.11274601214.95783129CS
260-1310.42-99.8795731707131213201.11274601214.95783129CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
VINCVincerx Inc
$ 0.9222
(34.63%)
2.43M
BLRXBioLineRx Ltd
$ 0.54
(12.85%)
1.88k
ATXGAddentax Group Corporation
$ 0.81
(10.96%)
7.6k
RNAZTransCode Therapeutics Inc
$ 0.599
(10.82%)
1.16k
LITMSnow Lake Resources Ltd
$ 0.3487
(8.80%)
191
DBGIDigital Brands Group Inc
$ 0.1778
(-37.17%)
1.09M
CETXCemtrex Inc
$ 1.13
(-18.12%)
757.22k
LGHLWLion Group Holding Ltd
$ 0.0073
(-14.12%)
208
HWHHWH International Inc
$ 0.89
(-11.00%)
7.14k
VMARVision Marine Technologies Inc
$ 0.4495
(-10.48%)
5.08k
VINCVincerx Inc
$ 0.9222
(34.63%)
2.43M
NVDANVIDIA Corporation
$ 128.301
(0.41%)
1.46M
RIVNRivian Automotive Inc
$ 10.48
(-0.10%)
1.34M
DBGIDigital Brands Group Inc
$ 0.1778
(-37.17%)
1.09M
UNIYWisdomTree Voya Yield Enhanced USD Universal Bond Fund
$ 49.35
(0.00%)
991.93k

BENF Discussion

View Posts
glenn1919 glenn1919 2 days ago
BENF.....................................https://stockcharts.com/h-sc/ui?s=BENF&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
Beneficient Reports Results For First Quarter Fiscal 2025

August 14, 2024
https://www.globenewswire.com/en/news-release/2024/08/14/2930488/0/en/Beneficient-Reports-Results-For-First-Quarter-Fiscal-2025.html
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
https://www.trustben.com/altaccess/


AltAccess®

Receive a range of indicative quotes on your alternative asset portfolio

Get quotes on over 82,000 alternative asset funds
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
- float must be locked up.

What stocks purpose is I don't know.
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
Beneficient Consummates Transaction to Increase Permanent Equity by $126 Million
October 04 2024 - 7:00AM
Alert
Print
Share On Facebook

Beneficient (NASDAQ: BENF) (β€œBen” or the β€œCompany”), a technology-enabled financial services holding company announces that its subsidiary Beneficient Company Holdings, L.P. consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable. As a result of the transaction, which was approved by the Company’s founders holding the majority of the preferred equity, Beneficient expects approximately $126 million of temporary equity to be reclassified to permanent equity on its balance sheet as of September 30, 2024.

About Beneficient

Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors - mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds- with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote™ tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner.

For more information, visit www.trustben.com or follow us on LinkedIn.

Investors

investors@beneficient.com

Contacts

Matt Kreps: 214-597-8200, mkreps@darrowir.com
Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
Investor Relations: investors@beneficient.com

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

https://ih.advfn.com/stock-market/NASDAQ/beneficient-BENF/stock-news/94669660/beneficient-consummates-transaction-to-increase-pe
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
What is going on with GWG Holdings? GWG L Bonds 2024 Update
May 16, 2024 / By Investment Fraud Lawyers


3. Stake in Beneficient – 169.7 Million Shares

Stock Update: Trading at approximately $1.29 per share as of October 6, 2023.

Financial Health: Beneficient is on shaky ground. Q2 2023 saw them incurring a staggering $1.15 billion loss. Their cash reserves? A mere $4.4 million by July 31, 2023. Tough times have forced them to consider furloughs and layoffs. Excluding goodwill, their net assets stood at $260 million as of June 30, 2023.

Legal Woes: The SEC has its eye on Beneficient. By June 29, 2023, they served a β€œWells Notice,” hinting at potential legal battles tied to their association with GWG Holdings. Moreover, Beneficient’s top brass, including their CEO Brad Heppner, are also under the scanner.

Sell-off Challenges: Mr. Freeman highlighted the hurdles in offloading these shares. Given the low trading volume, finding a market for a massive 169.7 million shares seems ambitious.

Projected Recovery: Nominal at best.



https://investmentfraudlawyers.com/gwg-l-bonds-value-smashed-investors-file-claims-for-loss-recovery/
πŸ‘οΈ0
barnyarddog barnyarddog 3 days ago
BENF: INITIATION: Unique FinTech Platform Focused on Alternative Asset LPs/GPs

August 29, 2024


Our primary valuation construct revolves around the Board’s recently adopted ExchangeTrust Product Plan to complete up to $5 billion of loans backs by alterative assets. More specifically, we walk through the economics related to bringing in $1 billion, $3 billion, and $5 billion of liquidity transaction loans. Of note, Beneficient generated $1 billion of liquidity transactions in the company’s first two years of operations, so we believe our valuation framework is reasonable. After incorporating seemingly conversative assumptions around interest rates, credit losses, fees, and margins, calculating pro forma EPS based on incremental share issuance to fund $1 billion, $3 billion, and $5 billion of liquidity transactions, and applying a peer group average P/E multiple to our estimates, our valuation work points to price target of $5.00 for BENF.

https://finance.yahoo.com/news/benf-initiation-unique-fintech-platform-090500464.html
πŸ‘οΈ0
TIMGZ TIMGZ 3 days ago
INVEST***THAT MIND SET, JOKES APART***ALWAYS HUMAN AND DIVINE TO WISH EVERYBODY AROUND YOU WELL AND BEST OF LUCK TO WHOEVER BECAUSE YOU AND I CANNOT CREATE ONE.
ALWAYS SAY GOOD, FEEL GOOD , EXPRESS GOOD AND GOOD WILL*******

When I do good I feel good, when I do bad I feel bad, and that's my religion.

Abraham Lincoln

https://www.brainyquote.com/quotes/abraham_lincoln_106095

What was Theodore Roosevelt's famous quote?
Quotes by Theodore Roosevelt (Author of The Rough Riders)
Theodore Roosevelt Quotes. Do what you can, with what you have, where you are. It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better.
πŸ‘οΈ0
GMJDubbs GMJDubbs 3 days ago
She’s gunna BOOM!
πŸ‘οΈ0
Surfacetite Surfacetite 3 days ago
Explode already.
πŸ‘οΈ0
Invest-in-America Invest-in-America 3 days ago
BENF: And ELO is BRITISH, naturally --- the British "COMMONWEALTH", which is why NO nation hates the Brits. Heck, the Brits even give-back premium portions of their 'Empire' when the LEASE EXPIRES (Hong Kong)!!!! Would Hitler or Donald Trump GIVE-BACK Poland & France, or Alaska & Hawaii, when the LEASES EXPIRE????????? (Trump will be SUCCESSFULLY assassinated before the looming election!! The THIRD time is the CHARM!!!)
πŸ‘οΈ0
TIMGZ TIMGZ 3 days ago
AT LEAST YOU FIT CHAIRMAN OF ENTERTAINMENT FOR NOW WHILE WE WAIT. I AM LISTENING TO YOUR MUSICA NOW. YES, THE VIOLIN SOUND PICASSO-LIKE
πŸ‘οΈ0
Invest-in-America Invest-in-America 3 days ago
You too, Capt. Tim!!! (But NO 'sure things' to alert anybody about of late, Bro.)
πŸ‘οΈ0
TIMGZ TIMGZ 3 days ago
My friend, "HAPPY FRIDAY"! Hope doing wonderful and taking your profits as usual. enjoy your weekend. do not forget your friend to profit alerts
πŸ‘οΈ0
Invest-in-America Invest-in-America 3 days ago
BENF: Nice song here --- I like the violin lady.

πŸ‘οΈ0
Awl416 Awl416 3 days ago
Uh oh
πŸ‘οΈ0
TimeFades TimeFades 1 month ago
200k $ seller here
πŸ‘οΈ0
glenn1919 glenn1919 1 month ago
BENF......https://stockcharts.com/h-sc/ui?s=BENF&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
Monksdream Monksdream 1 month ago
BENF new 52 week low
πŸ‘οΈ0
Awl416 Awl416 2 months ago
Buy high sell low
πŸ‘οΈ0
glenn1919 glenn1919 2 months ago
BENF............................https://stockcharts.com/h-sc/ui?s=BENF&p=W&b=5&g=0&id=p86431144783
πŸ‘οΈ0
Monksdream Monksdream 3 months ago
BENF 10Q expected JULY 9
πŸ‘οΈ0
Invest-in-America Invest-in-America 3 months ago
BENF: Be VERY careful behind the so-called 'BENEFITS' of a low-FLOAT stock!!!
https://investorplace.com/2024/05/why-is-beneficient-benf-stock-up-390-today/
πŸ‘οΈ0
da_stock_analyst da_stock_analyst 3 months ago
#BENF 🔥 nice bull flag after a 125% run! keep an eye $BENF
πŸ‘οΈ0
Invest-in-America Invest-in-America 3 months ago
BENF: (Song of the Day, below) CONGRATS to all here who scored some BANK, God-damn-it!!! (Hey, Folks, ya know what's wrong with the Western Bible??? To wit, the opening line: "In the beginning God created the Universe & the Earth ---" WRONG!! In truth Folks, there was NO "beginning" to the Universe!!! It has existed INFINITELY!!! And moreover, it never needed a silly "God" to create it in the first place!!! And, if a God indeed DID create it, then such nonsense would merely generate the next LOGICAL QUESTION: To wit, then WHO or WHAT created that God????!!!! Read G.W.F. Hegel, the greatest Human thinker & philosopher of all time, and thereby REMOVE the crap that Western Civilization has deposited into your flucked-up BRAINS!!!)

πŸ‘οΈ0
Invest-in-America Invest-in-America 3 months ago
BENF: iHub's "TIMGZ" should have scored here, since he was the very FIRST on iHub to post about it.. (CONGRATS, Capt. Tim, if ya got some BANK here!!! Myself, totally clueless.)
πŸ‘οΈ0
Awl416 Awl416 3 months ago
LOL
πŸ‘οΈ0
Awl416 Awl416 3 months ago
Oh stop it
πŸ‘οΈ0
gail gail 5 months ago
benf- here we gooooo, weeee!!!!!
πŸ‘οΈ0
gail gail 5 months ago
quiet board today.
πŸ‘οΈ0
gail gail 5 months ago
grabbed some on the dip here.
πŸ‘οΈ0
TheFinalCD TheFinalCD 5 months ago
$BENF probably the most scary stock I've seen in awhile. Skippy, halts, Expensive RegSHO borrows. Total degeneracy on full display https://t.co/12JOL9Jdui— madaz (@madaznfootballr) May 3, 2024
πŸ‘οΈ0
Awl416 Awl416 5 months ago
Grab some butane and a lighter

Poooof!
πŸ‘οΈ0
Awl416 Awl416 5 months ago
LOL
πŸ‘οΈ0
Awl416 Awl416 5 months ago
Another halt
πŸ‘οΈ0
Awl416 Awl416 5 months ago
Don’t blink
πŸ‘οΈ0
RAlbert RAlbert 6 months ago
Light volume. Most of brokers allow to trade from tomorrow.
πŸ‘οΈ0
Disquisition Disquisition 6 months ago
UNAMBIGUOUS DUMPING
πŸ‘οΈ0
Gatorhide Gatorhide 6 months ago
Let’s go for after hours. Should be interesting.
πŸ‘οΈ0
RAlbert RAlbert 6 months ago
Could this be a $ stock soon? The AI do the magic.
πŸ‘οΈ0
ATVrider ATVrider 6 months ago
;)
πŸ‘οΈ0
Monksdream Monksdream 6 months ago
NO 1 in this evening’s Gaucho session
https://ih.advfn.com/markets/nasdaq/afterhours
πŸ‘οΈ0
ATVrider ATVrider 6 months ago
0.06 would be nice;)
πŸ‘οΈ0
PStockPickz PStockPickz 6 months ago
Fun trade today easy double might reload under. 08 again
πŸ‘οΈ0
DOGONE DOGONE 6 months ago
Float is 41 million shres.
πŸ‘οΈ0
DOGONE DOGONE 6 months ago
I see a major insider purchase on 2/20 of 400,000 shares.
πŸ‘οΈ0
DOGONE DOGONE 6 months ago
News on March 6th seems substantial.
πŸ‘οΈ0
DOGONE DOGONE 6 months ago
Don't know.
πŸ‘οΈ0
RAlbert RAlbert 6 months ago
What is reason for move today?
πŸ‘οΈ0
DOGONE DOGONE 6 months ago
We b muvin..!
πŸ‘οΈ0

Your Recent History

Delayed Upgrade Clock