Waddell & Reed Financial Company Profile (NYSE:WDR)

About Waddell & Reed Financial

Waddell & Reed Financial logoWaddell & Reed Financial, Inc. 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, Ivy Funds, Ivy Funds Variable Insurance Portfolios, InvestEd Portfolios and 529 college savings plan (collectively, the Funds), and the Ivy Global Investors Fund SICAV and its Ivy Global Investors sub-funds (the IGI Funds), and institutional and separately managed accounts. Its retail products are distributed through third parties, such as other broker/dealers, registered investment advisors and various retirement platforms or through its sales force of independent financial advisors. The Company also markets its investment advisory services to institutional investors, either directly or through consultants. It operates its investment advisory business through Waddell & Reed Investment Management Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: WDR
  • CUSIP: 93005910
Key Metrics:
  • Previous Close: $18.52
  • 50 Day Moving Average: $18.65
  • 200 Day Moving Average: $18.55
  • 52-Week Range: $15.02 - $26.77
  • Trailing P/E Ratio: 10.42
  • Foreward P/E Ratio: 12.86
  • P/E Growth: -0.86
  • Market Cap: $1.54B
  • Outstanding Shares: 83,099,000
  • Beta: 1.99
Profitability:
  • 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%
Additional Links:
Companies Related to Waddell & Reed Financial:

Analyst Ratings

Consensus Ratings for Waddell & Reed Financial (NYSE:WDR) (?)
Ratings Breakdown: 5 Sell Ratings, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $20.39 (10.09% upside)

Analysts' Ratings History for Waddell & Reed Financial (NYSE:WDR)
Show:
DateFirmActionRatingPrice TargetDetails
2/5/2017Credit Suisse GroupReiterated RatingUnderperform$16.00View Rating Details
2/1/2017Jefferies Group LLCReiterated RatingHoldView Rating Details
11/16/2016Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$16.50 -> $18.00View Rating Details
10/17/2016Citigroup Inc.DowngradeNeutral -> Sell$17.00 -> $14.50View Rating Details
7/28/2016Morgan StanleyReiterated RatingSell$17.00View Rating Details
7/27/2016RBC Capital MarketsSet Price TargetBuy$29.00 -> $26.00View Rating Details
7/27/2016Royal Bank Of CanadaLower Price TargetOutperform$29.00 -> $26.00View Rating Details
4/28/2016Piper Jaffray CompaniesReiterated RatingNeutral$28.00 -> $25.00View Rating Details
4/12/2016Sandler O'NeillLower Price Target$24.00 -> $23.00View Rating Details
3/15/2016Bank of America CorpDowngradeNeutral -> UnderperformView Rating Details
1/22/2016William BlairDowngradeHoldView Rating Details
1/7/2016Susquehanna Bancshares IncLower Price TargetNeutral$35.00 -> $30.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Waddell & Reed Financial (NYSE:WDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
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)
Current Year EPS Consensus Estimate: $1.58 EPS
Next Year EPS Consensus Estimate: $1.44 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.50$0.56$0.53
Q2 20163$0.41$0.45$0.43
Q3 20163$0.49$0.52$0.50
Q4 20163$0.26$0.55$0.44
Q1 20172$0.38$0.39$0.39
Q2 20172$0.37$0.40$0.39
Q3 20172$0.41$0.42$0.42
Q4 20172$0.38$0.40$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Waddell & Reed Financial (NYSE:WDR)
Annual Dividend:$1.84
Dividend Yield:9.94%
Dividend Growth:18.00% (3 Year Average)
Payout Ratio:103.37% (Based on Trailing 12 Months of Earnings)
116.46% (Based on Current Year Consensus EPS Estimate)
127.78% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Waddell & Reed Financial (NYSE:WDR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Waddell & Reed Financial (NYSE:WDR)
Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 82.97%
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

Latest Headlines for Waddell & Reed Financial (NYSE:WDR)
DateHeadline
News IconDividend Growth of Waddell & Reed Financial, Inc.(WDR) - Morning Outlook (NYSE:WDR)
www.morningoutlook.com - February 17 at 5:10 PM
News IconEquity Focus: Zeroing in on Shares of Waddell & Reed Financial Inc. (WDR) - Baldwin Journal (NYSE:WDR)
baldwinjournal.com - February 17 at 5:10 PM
nasdaq.com logoIs Waddell & Reed Financial (WDR) a Top Pick for Value Investors? - Nasdaq (NYSE:WDR)
www.nasdaq.com - February 17 at 7:16 AM
finance.yahoo.com logoIs Waddell & Reed Financial (WDR) a Top Pick for Value Investors? (NYSE:WDR)
finance.yahoo.com - February 17 at 7:16 AM
News IconShares in Review: Waddell & Reed Financial, Inc. (NYSE:WDR) - Midway Monitor (NYSE:WDR)
midwaymonitor.com - February 14 at 3:54 PM
News IconCompany Focus: Zooming in on Shares of Waddell & Reed Financial, Inc. (NYSE:WDR) - Baldwin Journal (NYSE:WDR)
baldwinjournal.com - February 11 at 6:18 AM
News IconForward Earnings Estimate of Waddell & Reed Financial, Inc.(WDR) - Highland Mirror (NYSE:WDR)
www.highlandmirror.com - February 10 at 6:36 AM
News IconChecking the Numbers for Waddell & Reed Financial, Inc. (NYSE:WDR) - Midway Monitor (NYSE:WDR)
midwaymonitor.com - February 9 at 6:38 AM
finance.yahoo.com logoWaddell & Reed Financial: Value Play or Value Trap? (NYSE:WDR)
finance.yahoo.com - February 7 at 9:03 PM
News IconWaddell & Reed Financial (WDR) Releases Earnings Results, Beats Expectations By $0.04 EPS (NYSE:WDR)
prensariotiretail.com - February 3 at 6:42 AM
News IconNext Weeks Broker Price Targets For Waddell & Reed Financial, Inc. (NYSE:WDR) (NYSE:WDR)
viveremilano.biz - February 3 at 6:42 AM
blogs.barrons.com logoThe Bear Case For Waddell & Reed (NYSE:WDR)
blogs.barrons.com - February 2 at 6:44 AM
News IconWaddell & Reed (NYSE:WDR) 4Q16 earnings in line with street with $ 0.48 per share (NYSE:WDR)
stockmarketdaily.co - February 1 at 7:23 AM
zacks.com logoWaddell & Reed's (WDR) Q4 Earnings Beat, Outflows Decline (NYSE:WDR)
www.zacks.com - February 1 at 7:23 AM
us.rd.yahoo.com logoWaddell & Reed Financial, Inc. Reports Fourth Quarter Results (NYSE:WDR)
us.rd.yahoo.com - February 1 at 7:23 AM
us.rd.yahoo.com logoWaddell & Reed Slips Despite Better-Than-Expected Q4 Earnings (NYSE:WDR)
us.rd.yahoo.com - February 1 at 7:23 AM
finance.yahoo.com logoEdited Transcript of WDR earnings conference call or presentation 31-Jan-17 3:00pm GMT (NYSE:WDR)
finance.yahoo.com - February 1 at 7:23 AM
News IconADX in View on Shares of Waddell & Reed Financial Inc. (WDR) - Springdale Times (NYSE:WDR)
springdaletimes.com - January 31 at 7:55 AM
sg.finance.yahoo.com logoWaddell & Reed tops Street 4Q forecasts (NYSE:WDR)
sg.finance.yahoo.com - January 31 at 7:55 AM
biz.yahoo.com logoQ4 2016 Waddell & Reed Financial Inc Earnings Release - Before Market Open (NYSE:WDR)
biz.yahoo.com - January 31 at 7:55 AM
finance.yahoo.com logoLegg Mason (LM) to Report Q3 Earnings: What's in Store? (NYSE:WDR)
finance.yahoo.com - January 30 at 9:53 AM
finance.yahoo.com logoWhat's in Store for Ameriprise (AMP) in Q4 Earnings Report? (NYSE:WDR)
finance.yahoo.com - January 30 at 9:53 AM
News IconTechnical Buzz on Waddell & Reed Financial, Inc. (NYSE:WDR) - The Tribune (NYSE:WDR)
lakecitytribune.com - January 29 at 5:32 AM
News IconChart Watch: Checking on Shares of Waddell & Reed Financial Inc. (WDR) - Sherwood Daily (NYSE:WDR)
sherwooddaily.com - January 29 at 5:32 AM
istreetwire.com logoInvestor's Alert: Waddell & Reed Financial, Inc. (WDR), NiSource Inc. (NI), Intrepid Potash, Inc. (IPI) - iStreetWire (NYSE:WDR)
istreetwire.com - January 27 at 3:58 PM
finance.yahoo.com logoIs a Surprise Coming for Waddell & Reed (WDR) This Earnings Season? (NYSE:WDR)
finance.yahoo.com - January 27 at 3:58 PM
News IconEarnings in Full Force, Analysts Take Aim at Waddell & Reed Financial, Inc. (NYSE:WDR) - Wall Street Beacon (NYSE:WDR)
wsbeacon.com - January 27 at 6:45 AM
finance.yahoo.com logoWaddell & Reed Financial, Inc. Provides Notice of Conference Call (NYSE:WDR)
finance.yahoo.com - January 24 at 3:17 PM
finance.yahoo.com logoT. Rowe Price (TROW) Q4 Earnings: What's in the Cards? (NYSE:WDR)
finance.yahoo.com - January 24 at 3:17 PM
capitalcube.com logoETFs with exposure to Waddell & Reed Financial, Inc. : January 20, 2017 (NYSE:WDR)
www.capitalcube.com - January 20 at 3:42 PM
marketnewsvideo.com logoYieldBoost Waddell & Reed Financial From 10.1% To 22.1% Using Options (NYSE:WDR)
www.marketnewsvideo.com - January 19 at 4:25 PM
News IconWaddell & Reed Financial, Inc. (WDR) Rating Reiterated by Jefferies Group (NYSE:WDR)
lasignare.com - January 19 at 7:36 AM
News IconCCI, ADX, and Williams %R Review for Waddell & Reed Financial Inc. (WDR) - Sherwood Daily (NYSE:WDR)
sherwooddaily.com - January 16 at 12:18 PM
News IconWill The Needle Move For Waddell & Reed Financial, Inc. (NYSE:WDR) Shares This Earnings Season? - Wall Street Beacon (NYSE:WDR)
wsbeacon.com - January 13 at 3:17 PM
capitalcube.com logoWaddell & Reed Financial, Inc. breached its 50 day moving average in a Bearish Manner : WDR-US : January 11, 2017 (NYSE:WDR)
www.capitalcube.com - January 11 at 3:37 PM
finance.yahoo.com logoIvy Expands Lineup with Ivy IG International Small Cap Fund (NYSE:WDR)
finance.yahoo.com - January 10 at 4:08 PM
nasdaq.com logoWaddell & Reed Financial, Inc. (WDR) Ex-Dividend Date Scheduled for January 09, 2017 - Nasdaq (NYSE:WDR)
www.nasdaq.com - January 7 at 6:27 AM
marketexclusive.com logoAnalyst Activity – Credit Suisse Group Reiterates Underperform on Waddell & Reed Financial (NYSE:WDR) - Market Exclusive (NYSE:WDR)
marketexclusive.com - January 6 at 6:36 AM
News IconRSI Watch on Shares of United States Brent Oil (BNO) (NYSE:WDR)
larampadinapoli.com - January 4 at 4:29 PM
News IconStock Concentration on Shares of Solitario Exploration & Royalty Corp. (XPL) (NYSE:WDR)
viveremilano.biz - January 4 at 4:29 PM
nasdaq.com logoWaddell & Reed Financial Breaks Below 200-Day Moving Average - Notable for WDR - Nasdaq (NYSE:WDR)
www.nasdaq.com - December 30 at 3:36 PM
News IconEnterprise Value Check for Waddell & Reed Financial, Inc. (NYSE:WDR) - Wall Street Beacon (NYSE:WDR)
wsbeacon.com - December 27 at 8:16 AM
News IconChecking ROIC Numbers for Waddell & Reed Financial, Inc. (NYSE:WDR) - Wall Street Beacon (NYSE:WDR)
wsbeacon.com - December 26 at 8:15 AM
News IconShares in View: Waddell & Reed Financial, Inc. (NYSE:WDR) - Business Daily Leader (NYSE:WDR)
businessdailyleader.com - December 21 at 3:48 PM
businesswire.com logoWaddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of Fourth Quarter Earnings Release - Business Wire (press release) (NYSE:WDR)
www.businesswire.com - December 21 at 3:48 PM
publicnow.com logoWaddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of Fourth Quarter Earnings Release (NYSE:WDR)
www.publicnow.com - December 21 at 11:32 AM
investornewswire.com logoWaddell & Reed Financial, Inc. (NYSE:WDR) Strong Sell Recommendations At 1 - Investor Newswire (NYSE:WDR)
www.investornewswire.com - December 19 at 3:27 PM
News IconTrading Sheet: Tracking Technicals for Waddell & Reed Financial Inc. (WDR) - StockTalk Daily (NYSE:WDR)
stocktalkdaily.com - December 18 at 4:35 AM
News IconInvestor Update: Looking at Shares of Waddell & Reed Financial, Inc. (NYSE:WDR) - Liberty News (NYSE:WDR)
libertynewsrecord.com - December 18 at 4:35 AM
News IconInvestor Watch: Looking at Shares of Waddell & Reed Financial, Inc. (NYSE:WDR) - Business Daily Leader (NYSE:WDR)
businessdailyleader.com - December 17 at 6:05 AM

Social

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 Wednesday, December 21st. Shareholders of record on Wednesday, January 11th will be given a dividend of $0.46 per share on Wednesday, February 1st. This represents a $1.84 annualized dividend and a dividend yield of 9.94%. The ex-dividend date is Monday, January 9th.

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

9 analysts have issued 12 month target prices for Waddell & Reed Financial's stock. Their forecasts range from $14.50 to $26.00. On average, they anticipate Waddell & Reed Financial's share price to reach $20.39 in the next year.

When will Waddell & Reed Financial announce their earnings?

Waddell & Reed Financial is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Waddell & Reed Financial stock?

Waddell & Reed Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock, Inc (18.10%), State Street Corp (3.51%), FMR LLC (3.49%), AQR Capital Management LLC (2.29%), Gamco Investors INC. ET AL (1.82%) and Gabelli Funds LLC (1.67%).

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, Systematic Financial Management LP, Pinnacle Associates Ltd., Burgundy Asset Management Ltd., Cipher Capital LP, Zebra Capital Management LLC, State Street Corp and Menta Capital LLC.

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 FMR LLC, Gabelli Funds LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Gamco Investors INC. ET AL, Royce & Associates LP, Guggenheim Capital LLC and Barrow Hanley Mewhinney & Strauss LLC.

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 $18.52.

Waddell & Reed Financial (NYSE:WDR) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Waddell & Reed Financial (NYSE:WDR)

Earnings History Chart

Earnings by Quarter for Waddell & Reed Financial (NYSE:WDR)

Dividend History Chart

Dividend Payments by Quarter for Waddell & Reed Financial (NYSE:WDR)

Last Updated on 2/20/2017 by MarketBeat.com Staff