Waddell & Reed Financial Company Profile (NYSE:WDR)

About Waddell & Reed Financial (NYSE:WDR)

Waddell & Reed Financial logoWaddell & Reed Financial, Inc., incorporated on December 24, 1981, is a holding company. The Company is a mutual fund and asset management company. The Company provides investment management, investment advisory, investment product underwriting, and distribution and shareholder services administration to Waddell & Reed Advisors group of mutual funds (the Advisors Funds), Ivy Funds, Ivy Funds Variable Insurance Portfolios (Ivy Funds VIP), InvestEd Portfolios and 529 college savings plan (collectively, the Funds), and the Ivy Global Investors Fund SICAV (the SICAV) and its Ivy Global Investors sub-funds (the IGI Funds), and institutional and separately managed accounts. The Company operates its business through a distribution network. Its retail products are distributed through third parties, such as other broker-dealers, registered investment advisors and various retirement platforms or through associated independent contractor financial advisors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:WDR
  • CUSIP: 93005910
  • Web: www.waddell.com
Capitalization:
  • Market Cap: $1.39 billion
  • Outstanding Shares: 83,614,000
Average Prices:
  • 50 Day Moving Avg: $17.12
  • 200 Day Moving Avg: $18.35
  • 52 Week Range: $15.02 - $22.45
P/E:
  • Trailing P/E Ratio: 9.71
  • Foreward P/E Ratio: 11.73
  • P/E Growth: -0.51
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 1.16
  • Book Value: $10.14 per share
  • Price / Book: 1.64
Dividend:
  • Annual Dividend: $1.84
  • Dividend Yield: 10.9%
Profitability:
  • EBIDTA: $252.51 million
  • Net Margins: 11.86%
  • Return on Equity: 22.74%
  • Return on Assets: 13.37%
Debt:
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 3.57%
  • Quick Ratio: 2.51%
Misc:
  • Average Volume: 1.59 million shs.
  • Beta: 1.99
  • Short Ratio: 11.45
 

Frequently Asked Questions for Waddell & Reed Financial (NYSE:WDR)

What is Waddell & Reed Financial's stock symbol?

Waddell & Reed Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "WDR."

How often does Waddell & Reed Financial pay dividends? What is the dividend yield for Waddell & Reed Financial?

Waddell & Reed Financial declared a quarterly dividend on Monday, March 20th. Shareholders of record on Monday, April 10th will be paid a dividend of $0.46 per share on Monday, May 1st. This represents a $1.84 dividend on an annualized basis and a yield of 11.05%. The ex-dividend date of this dividend is Thursday, April 6th. View Waddell & Reed Financial's Dividend History.

How were Waddell & Reed Financial's earnings last quarter?

Waddell & Reed Financial, Inc. (NYSE:WDR) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by $0.03. The firm earned $286.54 million during the quarter, compared to the consensus estimate of $286.53 million. Waddell & Reed Financial had a return on equity of 22.74% and a net margin of 11.86%. The business's quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter last year, the company earned $0.45 earnings per share. View Waddell & Reed Financial's Earnings History.

When will Waddell & Reed Financial make its next earnings announcement?

Waddell & Reed Financial is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Waddell & Reed Financial.

Where is Waddell & Reed Financial's stock going? Where will Waddell & Reed Financial's stock price be in 2017?

7 brokerages have issued twelve-month price targets for Waddell & Reed Financial's shares. Their forecasts range from $14.50 to $26.00. On average, they expect Waddell & Reed Financial's share price to reach $18.21 in the next twelve months. View Analyst Ratings for Waddell & Reed Financial.

Who are some of Waddell & Reed Financial's key competitors?

Who owns Waddell & Reed Financial stock?

Waddell & Reed Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (19.92%), Vanguard Group Inc. (8.14%), State Street Corp (4.16%), FMR LLC (3.35%), Schroder Investment Management Group (2.59%) and Van Berkom & Associates Inc. (2.41%). View Institutional Ownership Trends for Waddell & Reed Financial.

Who sold Waddell & Reed Financial stock? Who is selling Waddell & Reed Financial stock?

Waddell & Reed Financial's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Goldman Sachs Group Inc., Prudential Financial Inc., JPMorgan Chase & Co., UBS Group AG, FMR LLC and Burgundy Asset Management Ltd.. View Insider Buying and Selling for Waddell & Reed Financial.

Who bought Waddell & Reed Financial stock? Who is buying Waddell & Reed Financial stock?

Waddell & Reed Financial's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, State Street Corp, Global X Management Co. LLC, Van Berkom & Associates Inc., Schroder Investment Management Group, Vanguard Group Inc. and First Trust Advisors LP. View Insider Buying and Selling for Waddell & Reed Financial.

How do I buy Waddell & Reed Financial stock?

Shares of Waddell & Reed Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Waddell & Reed Financial stock cost?

One share of Waddell & Reed Financial stock can currently be purchased for approximately $16.65.

Analyst Ratings

Consensus Ratings for Waddell & Reed Financial (NYSE:WDR) (?)
Ratings Breakdown: 5 Sell Ratings, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Sell (Score: 1.43)
Consensus Price Target: $18.21 (9.40% upside)

Analysts' Ratings History for Waddell & Reed Financial (NYSE:WDR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017Jefferies Group LLCReiterated RatingHold$19.00 -> $18.00LowView Rating Details
3/3/2017Evercore ISIDowngradeHold -> Underperform$18.00N/AView Rating Details
2/5/2017Credit Suisse Group AGReiterated RatingUnderperform$16.00N/AView Rating Details
11/16/2016Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$16.50 -> $18.00N/AView Rating Details
10/17/2016Citigroup IncDowngradeNeutral -> Sell$17.00 -> $14.50N/AView Rating Details
7/28/2016Morgan StanleyReiterated RatingSell$17.00N/AView Rating Details
7/27/2016Royal Bank of CanadaSet Price TargetBuy$29.00 -> $26.00N/AView Rating Details
4/28/2016Piper Jaffray CompaniesReiterated RatingNeutral$28.00 -> $25.00N/AView Rating Details
4/12/2016Sandler O'NeillLower Price Target$24.00 -> $23.00N/AView Rating Details
3/15/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
1/22/2016William BlairDowngradeHoldN/AView Rating Details
1/7/2016Susquehanna Bancshares IncLower Price TargetNeutral$35.00 -> $30.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Waddell & Reed Financial (NYSE:WDR)
Earnings by Quarter for Waddell & Reed Financial (NYSE:WDR)
Earnings History by Quarter for Waddell & Reed Financial (NYSE:WDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
5/2/2017Q1 2017$0.42$0.39$286.53 million$286.54 millionViewListenView Earnings Details
1/31/2017Q416$0.48$0.48$290.76 million$292.90 millionViewN/AView Earnings Details
10/25/2016Q316$0.51$0.64$295.65 million$303.09 millionViewListenView Earnings Details
7/26/2016Q216$0.48$0.59$312.82 million$319.20 millionViewListenView Earnings Details
4/26/2016Q116$0.56$0.45$332.27 million$385.46 millionViewListenView Earnings Details
2/2/2016Q415$0.75$0.76$350.27 million$390.40 millionViewListenView Earnings Details
10/27/2015Q315$0.72$0.58$372.23 million$376.10 millionViewListenView Earnings Details
7/28/2015Q215$0.83$0.80$388.62 million$394.00 millionViewListenView Earnings Details
4/28/2015Q115$0.83$0.80$381.24 million$385.00 millionViewListenView Earnings Details
2/3/2015Q314$0.90$0.97$389.36 million$397.20 millionViewListenView Earnings Details
7/29/2014Q214$0.91$0.98$405.90 million$400.60 millionViewListenView Earnings Details
4/29/2014Q114$0.85$0.88$388.87 million$390.40 millionViewListenView Earnings Details
2/4/2014Q413$0.83$0.92$370.47 million$375.00 millionViewListenView Earnings Details
10/29/2013Q313$0.70$0.80$335.30 million$347.10 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.64$0.67$329.30 million$331.70 millionViewListenView Earnings Details
4/23/2013Q1 2013$0.61$0.63$312.56 million$316.60 millionViewListenView Earnings Details
1/29/2013Q4 2012$0.58$0.61$301.02 million$278.40 millionViewListenView Earnings Details
10/31/2012$0.56$0.61ViewN/AView Earnings Details
7/26/2012$0.53$0.52ViewN/AView Earnings Details
4/30/2012$0.49$0.55ViewN/AView Earnings Details
1/31/2012$0.48$0.46ViewN/AView Earnings Details
10/25/2011$0.52$0.46ViewN/AView Earnings Details
7/26/2011$0.57$0.58ViewN/AView Earnings Details
4/26/2011$0.54$0.53ViewN/AView Earnings Details
1/31/2011$0.50$0.54ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Waddell & Reed Financial (NYSE:WDR)
2017 EPS Consensus Estimate: $1.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.39$0.44$0.42
Q2 20172$0.40$0.45$0.43
Q3 20172$0.42$0.44$0.43
Q4 20172$0.41$0.45$0.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Waddell & Reed Financial (NYSE:WDR)
Most Recent Dividend:5/1/2017
Annual Dividend:$1.84
Dividend Yield:11.05%
Dividend Growth:18.00% (3 Year Average)
Payout Ratio:103.37% (Trailing 12 Months of Earnings)
118.71% (Based on This Year's Estimates)
129.58% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Waddell & Reed Financial (NYSE:WDR)

Dividend History by Quarter for Waddell & Reed Financial (NYSE:WDR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/20/2017quarterly$0.4611.13%4/6/20174/10/20175/1/2017
12/21/2016quarterly$0.469.02%1/9/20171/11/20172/1/2017
9/20/2016quarterly$0.4610/6/201610/11/201611/1/2016
6/20/2016quarterly$0.467/7/20167/11/20168/1/2016
3/28/2016quarterly$0.464/14/20164/18/20165/2/2016
10/28/2015Quarterly$0.461/7/20161/11/20162/1/2016
10/28/2015quarterly$0.461/11/20163/1/2016
9/21/2015quarterly$0.4310/7/201510/12/201511/2/2015
6/22/2015quarterly$0.433.45%7/9/20157/13/20158/3/2015
3/20/2015quarterly$0.434/8/20154/10/20155/1/2015
12/18/2014quarterly$0.433.51%1/8/20151/12/20152/2/2015
9/22/2014quarterly$0.3410/13/201411/3/2014
6/20/2014quarterly$0.342.17%7/9/20147/11/20148/1/2014
4/3/2014quarterly$0.341.87%4/10/20144/14/20145/1/2014
12/19/2013quarterly$0.342.12%1/9/20141/13/20142/3/2014
9/20/2013quarterly$0.282.15%10/9/201310/11/201311/1/2013
9/20/2013quarterly$0.2811/1/201310/11/2013
6/24/2013quarterly$0.287/11/20138/1/2013
3/20/2013quarterly$0.282.61%4/8/20134/10/20135/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Waddell & Reed Financial (NYSE:WDR)
Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 82.97%
Insider Trades by Quarter for Waddell & Reed Financial (NYSE:WDR)
Institutional Ownership by Quarter for Waddell & Reed Financial (NYSE:WDR)
Insider Trades by Quarter for Waddell & Reed Financial (NYSE:WDR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/26/2015Dennis E LogueDirectorSell2,700$48.30$130,410.00View SEC Filing  
12/19/2014Michael L AveryPresidentSell10,000$48.96$489,600.00View SEC Filing  
9/3/2014Melissa A ClouseVPSell1,298$56.83$73,765.34View SEC Filing  
5/20/2014Thomas ButchCMOSell17,217$59.02$1,016,147.34View SEC Filing  
5/1/2014Wendy HillsSVPSell6,461$67.97$439,154.17View SEC Filing  
2/6/2014James RainesDirectorSell4,143$67.73$280,605.39View SEC Filing  
12/10/2013Michael AveryPresidentSell7,500$63.01$472,575.00View SEC Filing  
11/8/2013Philip James SandersSVPSell13,000$63.72$828,360.00View SEC Filing  
8/9/2013Michael AveryPresidentSell10,000$51.30$513,000.00View SEC Filing  
8/1/2013Michael D StrohmCOOSell26,540$52.90$1,403,966.00View SEC Filing  
3/22/2013Ronald C ReimerDirectorSell6,371$42.98$273,825.58View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Waddell & Reed Financial (NYSE:WDR)
Latest Headlines for Waddell & Reed Financial (NYSE:WDR)
Source:
DateHeadline
finance.yahoo.com logoIvy Partners with PineBridge to Offer New High Yield Fund
finance.yahoo.com - May 18 at 9:44 AM
americanbankingnews.com logoWaddell & Reed Financial, Inc. (WDR) Expected to Post Quarterly Sales of $284.77 Million
www.americanbankingnews.com - May 13 at 9:42 AM
finance.yahoo.com logoShould Value Investors Pick Waddell & Reed (WDR) Stock?
finance.yahoo.com - May 12 at 4:29 AM
americanbankingnews.com logo$0.39 EPS Expected for Waddell & Reed Financial, Inc. (WDR) This Quarter
www.americanbankingnews.com - May 11 at 8:40 AM
finance.yahoo.com logoWaddell & Reed Financial, Inc. breached its 50 day moving average in a Bullish Manner : WDR-US : May 10, 2017
finance.yahoo.com - May 10 at 9:50 AM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Waddell & Reed Financial, Inc.'s FY2017 Earnings (WDR)
www.americanbankingnews.com - May 5 at 12:56 PM
americanbankingnews.com logoWaddell & Reed Financial, Inc. Expected to Earn Q2 2017 Earnings of $0.45 Per Share (WDR)
www.americanbankingnews.com - May 5 at 7:37 AM
americanbankingnews.com logoResearch Analysts Set Expectations for Waddell & Reed Financial, Inc.'s FY2018 Earnings (WDR)
www.americanbankingnews.com - May 4 at 6:38 PM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Given Daily News Impact Score of 0.16
www.americanbankingnews.com - May 3 at 7:44 PM
finance.yahoo.com logoWaddell & Reed's (WDR) Stock Down 3.1% on Q1 Earnings Lag
finance.yahoo.com - May 3 at 6:55 PM
finance.yahoo.com logoEdited Transcript of WDR earnings conference call or presentation 2-May-17 2:00pm GMT
finance.yahoo.com - May 3 at 9:46 AM
seekingalpha.com logoWaddell & Reed Financial (WDR) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 2 at 6:43 PM
americanbankingnews.com logoWaddell & Reed Financial, Inc. (WDR) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - May 2 at 11:18 AM
streetinsider.com logoWaddell & Reed Financial (WDR) Misses Q1 EPS by 3c - StreetInsider.com
www.streetinsider.com - May 2 at 8:17 AM
finance.yahoo.com logoWaddell & Reed Financial, Inc. Reports First Quarter Results
finance.yahoo.com - May 2 at 8:17 AM
finance.yahoo.com logoWaddell & Reed misses Street 1Q forecasts
finance.yahoo.com - May 2 at 8:17 AM
americanbankingnews.com logoWaddell & Reed Financial, Inc. (WDR) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 1 at 9:20 PM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Receives News Impact Rating of 0.52
www.americanbankingnews.com - April 30 at 8:50 AM
americanbankingnews.com logoWaddell & Reed Financial, Inc. (WDR) to Release Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:40 AM
nasdaq.com logoAfter Hours Most Active for Apr 27, 2017 : WDR, PBF, F, BAC, CMCSA, MSFT, INTC, QQQ, SBUX, CSX - Nasdaq
www.nasdaq.com - April 28 at 10:17 AM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Getting Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 27 at 11:20 AM
prnewswire.com logoPBF Energy Set to Join S&P MidCap 400; Apollo Commercial Real ... - PR Newswire (press release)
www.prnewswire.com - April 26 at 5:13 PM
finance.yahoo.com logoIvy Launches Five Index Funds in Partnership with ProShares®
finance.yahoo.com - April 26 at 8:17 AM
finance.yahoo.com logoWaddell & Reed Financial, Inc. breached its 50 day moving average in a Bullish Manner : WDR-US : April 25, 2017
finance.yahoo.com - April 25 at 7:34 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Impact Waddell & Reed Financial (WDR) Stock Price
www.americanbankingnews.com - April 24 at 10:18 AM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Waddell & Reed Financial, Inc. (WDR) Issued By William Blair
www.americanbankingnews.com - April 24 at 8:22 AM
americanbankingnews.com logo$285.23 Million in Sales Expected for Waddell & Reed Financial, Inc. (WDR) This Quarter
www.americanbankingnews.com - April 22 at 9:33 AM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Given Media Sentiment Score of 0.34
www.americanbankingnews.com - April 21 at 2:57 PM
americanbankingnews.com logo Brokerages Expect Waddell & Reed Financial, Inc. (WDR) Will Post Earnings of $0.40 Per Share
www.americanbankingnews.com - April 20 at 9:05 AM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Earning Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 18 at 1:14 PM
finance.yahoo.com logoFund Companies Making Layoffs
finance.yahoo.com - April 17 at 8:10 AM
americanbankingnews.com logoWaddell & Reed Financial (WDR) Given Daily Coverage Optimism Score of 0.37
www.americanbankingnews.com - April 15 at 8:00 AM
finance.yahoo.com logoWaddell & Reed Financial, Inc. : WDR-US: Dividend Analysis : April 10th, 2017 (record date) : By the numbers : April 14, 2017
finance.yahoo.com - April 14 at 3:23 PM
americanbankingnews.com logoQ1 2017 EPS Estimates for Waddell & Reed Financial, Inc. Increased by Analyst (WDR)
www.americanbankingnews.com - April 14 at 8:08 AM
americanbankingnews.com logoWaddell & Reed Financial's (WDR) "Hold" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - April 12 at 3:53 PM
americanbankingnews.com logoWaddell & Reed Financial, Inc. (WDR) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 10 at 2:44 PM
prnewswire.com logoTechnical Reports on Asset Management Stocks -- Fortress Investment, Waddell & Reed, Northern Trust, and Och-Ziff - PR Newswire (press release)
www.prnewswire.com - April 10 at 8:20 AM
finance.yahoo.com logoETFs with exposure to Waddell & Reed Financial, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 1:29 PM
marketwatch.com logoIvy Crossover Credit Fund Targets Credit Rating ‘Dislocations’ to Broaden Opportunity for Fixed Income Investors
www.marketwatch.com - April 3 at 8:48 PM
finance.yahoo.com logo4 Best High-Yield Bond Mutual Funds for Your Portfolio
finance.yahoo.com - March 23 at 7:53 AM
moodys.com logoWaddell & Reed Financial, Inc. -- Moody's affirms Waddell & Reed Financial's issuer rating at Baa3, maintains negative outlook
www.moodys.com - March 21 at 3:22 PM
finance.yahoo.com logoWaddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of First Quarter Earnings Release
finance.yahoo.com - March 20 at 8:14 AM
nasdaq.com logoWDR Breaks Above 10% Yield Territory
www.nasdaq.com - March 16 at 8:51 PM
seekingalpha.com logoWaddell & Reed Financial Deserves A Second Look
seekingalpha.com - March 10 at 12:22 AM
nasdaq.com logoWaddell & Reed (WDR) Up 9.9% Since Earnings Report: Can It Continue? - Nasdaq
www.nasdaq.com - March 5 at 8:12 AM
capitalcube.com logoWaddell & Reed Financial, Inc. : WDR-US: Dividend Analysis : January 11th, 2017 (record date) : By the numbers : March 3, 2017
us.rd.yahoo.com - March 4 at 4:19 AM
finance.yahoo.com logoWADDELL & REED FINANCIAL INC Financials
finance.yahoo.com - March 3 at 6:26 AM
finance.yahoo.com logoWaddell & Reed (WDR) Up 9.9% Since Earnings Report: Can It Continue?
finance.yahoo.com - March 3 at 6:26 AM
bizjournals.com logoWaddell & Reed loses key division president - Kansas City Business ... - Kansas City Business Journal
www.bizjournals.com - February 25 at 4:22 AM
biz.yahoo.com logoWADDELL & REED FINANCIAL INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 25 at 4:22 AM

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Chart

Waddell & Reed Financial (WDR) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff