About Waddell & Reed (NYSE:WDR)
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company acts as an investment adviser for institutional and other private investors, and provides sub advisory services to other investment companies; and underwrites and distributes registered open-end mutual fund portfolios. It also offers fee-based asset allocation investment advisory products to advisors channel customers; distributes business partners' variable annuity products, and retirement and life insurance products to advisors channel customers; and sells life insurance and disability products underwritten by various carriers. The company distributes investment products through its wholesale channel comprising other broker/dealers, various retirement platforms, and registered investment advisors, as well as through independent financial advisors; and markets investment advisory services to institutional investors directly or through consultants. Waddell & Reed Financial, Inc. was founded in 1937 and is based in Overland Park, Kansas.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:WDR
CUSIP93005910
Phone913-236-2000
Debt
Debt-to-Equity Ratio0.11%
Current Ratio3.09%
Quick Ratio1.16%
Price-To-Earnings
Trailing P/E Ratio10.60
Forward P/E Ratio9.13
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales1.47
Cash Flow$2.2363 per share
Price / Cash9.10
Book Value$10.47 per share
Price / Book1.94
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$141.27 million
Net Margins10.72%
Return on Equity16.63%
Return on Assets10.24%
Miscellaneous
Employees1,430
Outstanding Shares83,360,000
Waddell & Reed (NYSE:WDR) Frequently Asked Questions
What is Waddell & Reed's stock symbol?
Waddell & Reed trades on the New York Stock Exchange (NYSE) under the ticker symbol "WDR."
How often does Waddell & Reed pay dividends? What is the dividend yield for Waddell & Reed?
Waddell & Reed announced a quarterly dividend on Tuesday, March 20th. Investors of record on Tuesday, April 10th will be paid a dividend of $0.25 per share on Tuesday, May 1st. This represents a $1.00 annualized dividend and a yield of 4.91%. The ex-dividend date is Monday, April 9th. View Waddell & Reed's Dividend History.
How were Waddell & Reed's earnings last quarter?
Waddell & Reed (NYSE:WDR) announced its earnings results on Tuesday, January, 30th. The asset manager reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The asset manager had revenue of $294.48 million for the quarter, compared to analyst estimates of $286.55 million. Waddell & Reed had a return on equity of 16.63% and a net margin of 10.72%. The business's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 EPS. View Waddell & Reed's Earnings History.
When is Waddell & Reed's next earnings date?
What price target have analysts set for WDR?
7 brokers have issued twelve-month price objectives for Waddell & Reed's shares. Their forecasts range from $19.00 to $24.00. On average, they anticipate Waddell & Reed's share price to reach $21.1429 in the next year. View Analyst Ratings for Waddell & Reed.
Who are some of Waddell & Reed's key competitors?
Some companies that are related to Waddell & Reed include Stifel (SF), Navient (NAVI), WisdomTree Investments (WETF), Piper Jaffray (PJC), Associated Capital Group (AC), GAMCO Investors (GBL), Investment Technology Group (ITG), Greenhill & Co. (GHL), Cowen Group (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Global Arena (GAHC) and Gleacher & Co. Ltd. (GLCH).
Who are Waddell & Reed's key executives?
Waddell & Reed's management team includes the folowing people:
- Mr. Philip James Sanders C.F.A., CFA, MBA, CEO, Chief Investment Officer & Director (Age 59)
- Mr. Brent Kyle Bloss CPA, Exec. VP & COO (Age 49)
- Ms. Wendy Jacqueline Hills, Exec. VP, Chief Legal Officer, Gen. Counsel & Sec. (Age 48)
- Mr. John Earl Sundeen Jr., CFA, Sr. VP & Chief Admin. Officer of Investments (Age 57)
- Mr. Benjamin Russell Clouse, Sr. VP, CFO & Principal Accounting Officer (Age 45)
Has Waddell & Reed been receiving favorable news coverage?
News coverage about WDR stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Waddell & Reed earned a news impact score of 0.12 on Accern's scale. They also assigned headlines about the asset manager an impact score of 45.99 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.
How do I buy shares of Waddell & Reed?
Shares of WDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Waddell & Reed's stock price today?
One share of WDR stock can currently be purchased for approximately $20.35.
How big of a company is Waddell & Reed?
Waddell & Reed has a market capitalization of $1.69 billion and generates $1.16 billion in revenue each year. The asset manager earns $141.27 million in net income (profit) each year or $1.92 on an earnings per share basis. Waddell & Reed employs 1,430 workers across the globe.
How can I contact Waddell & Reed?
Waddell & Reed's mailing address is 6300 LAMAR AVE, OVERLAND PARK KS, 66201. The asset manager can be reached via phone at 913-236-2000 or via email at [email protected]
MarketBeat Community Rating for Waddell & Reed (WDR)
MarketBeat's community ratings are surveys of what our community members think about Waddell & Reed and other stocks. Vote "Outperform" if you believe WDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
Waddell & Reed (NYSE:WDR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Waddell & Reed in the last 12 months. Their average twelve-month price target is $21.1429, suggesting that the stock has a possible upside of 3.90%. The high price target for WDR is $24.00 and the low price target for WDR is $19.00. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus rating of "Sell."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Sell | Sell | Sell | Sell |
| Consensus Rating Score: | 1.43 | 1.43 | 1.29 | 1.29 |
| Ratings Breakdown: | 4 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 4 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 5 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 5 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $21.1429 | $21.4286 | $19.1429 | $18.2857 |
| Price Target Upside: | 3.90% upside | 4.48% upside | 13.65% downside | 8.57% downside |
Waddell & Reed (NYSE:WDR) Consensus Price Target History
Waddell & Reed (NYSE:WDR) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Waddell & Reed (NYSE:WDR) Dividend Information
Waddell & Reed pays an annual dividend of $1.00 per share, with a dividend yield of 4.91%. WDR's next quarterly dividend payment will be made on Tuesday, May 1. Waddell & Reed pays out 52.08% of its earnings out as a dividend.
| Next Dividend: | 5/1/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 4.91% |
| Dividend Growth: | 10.60% (3 Year Average) |
| Payout Ratio: | 52.08% (Trailing 12 Months of Earnings)
44.84% (Based on This Year's Estimates)
46.51% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Waddell & Reed (NYSE:WDR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/20/2018 | quarterly | $0.25 | 5.03271263210871% | 4/9/2018 | 4/10/2018 | 5/1/2018 |
| 10/25/2017 | quarterly | $0.25 | 5% | 1/10/2018 | 1/11/2018 | 2/1/2018 |
| 9/20/2017 | quarterly | $0.46 | 10% | 10/10/2017 | 10/11/2017 | 11/1/2017 |
| 6/21/2017 | quarterly | $0.46 | 9.41% | 7/7/2017 | 7/11/2017 | 8/1/2017 |
| 3/20/2017 | quarterly | $0.46 | 11.13% | 4/6/2017 | 4/10/2017 | 5/1/2017 |
| 12/21/2016 | quarterly | $0.46 | 9.02% | 1/9/2017 | 1/11/2017 | 2/1/2017 |
| 9/20/2016 | quarterly | $0.46 | | 10/6/2016 | 10/11/2016 | 11/1/2016 |
| 6/20/2016 | quarterly | $0.46 | | 7/7/2016 | 7/11/2016 | 8/1/2016 |
| 3/28/2016 | quarterly | $0.46 | | 4/14/2016 | 4/18/2016 | 5/2/2016 |
| 10/28/2015 | Quarterly | $0.46 | | 1/7/2016 | 1/11/2016 | 2/1/2016 |
| 10/28/2015 | quarterly | $0.46 | | | 1/11/2016 | 3/1/2016 |
| 9/21/2015 | quarterly | $0.43 | | 10/7/2015 | 10/12/2015 | 11/2/2015 |
| 6/22/2015 | quarterly | $0.43 | 3.45% | 7/9/2015 | 7/13/2015 | 8/3/2015 |
| 3/20/2015 | quarterly | $0.43 | | 4/8/2015 | 4/10/2015 | 5/1/2015 |
| 12/18/2014 | quarterly | $0.43 | 3.51% | 1/8/2015 | 1/12/2015 | 2/2/2015 |
| 9/22/2014 | quarterly | $0.34 | | | 10/13/2014 | 11/3/2014 |
| 6/20/2014 | quarterly | $0.34 | 2.17% | 7/9/2014 | 7/11/2014 | 8/1/2014 |
| 4/3/2014 | quarterly | $0.34 | 1.87% | 4/10/2014 | 4/14/2014 | 5/1/2014 |
| 12/19/2013 | quarterly | $0.34 | 2.12% | 1/9/2014 | 1/13/2014 | 2/3/2014 |
| 9/20/2013 | quarterly | $0.28 | 2.15% | 10/9/2013 | 10/11/2013 | 11/1/2013 |
| 9/20/2013 | quarterly | $0.28 | | | 11/1/2013 | 10/11/2013 |
| 6/24/2013 | quarterly | $0.28 | | | 7/11/2013 | 8/1/2013 |
| 3/20/2013 | quarterly | $0.28 | 2.61% | 4/8/2013 | 4/10/2013 | 5/1/2013 |
(Data available from 1/1/2013 forward)
Waddell & Reed (NYSE WDR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.40%
Institutional Ownership Percentage: 97.43%
Waddell & Reed (NYSE WDR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/1/2018 | Jerry W Walton | Director | Sell | 5,792 | $22.95 | $132,926.40 | 81,332 |  |
| 12/22/2017 | Wendy J Hills | SVP | Sell | 31,273 | $22.41 | $700,827.93 | 151,602 | |
| 12/21/2017 | John E Sundeen Jr | CAO | Sell | 45,168 | $22.48 | $1,015,376.64 | 270,437 | |
| 11/20/2017 | Alan W Kosloff | Director | Sell | 19,178 | $19.82 | $380,107.96 | 52,695 | |
| 11/9/2017 | Thomas W Butch | CMO | Sell | 5,000 | $19.26 | $96,300.00 | 248 | |
| 8/7/2017 | Benjamin R Clouse | VP | Sell | 5,903 | $20.01 | $118,119.03 | 25,845 | |
| 8/3/2017 | Alan W Kosloff | Director | Sell | 25,076 | $19.40 | $486,474.40 | 71,873 | |
| 5/26/2015 | Dennis E Logue | Director | Sell | 2,700 | $48.30 | $130,410.00 | | |
| 12/19/2014 | Michael L Avery | President | Sell | 10,000 | $48.96 | $489,600.00 | | |
| 9/3/2014 | Melissa A Clouse | VP | Sell | 1,298 | $56.83 | $73,765.34 | | |
| 5/20/2014 | Thomas Butch | CMO | Sell | 17,217 | $59.02 | $1,016,147.34 | 248 | |
| 5/1/2014 | Wendy Hills | SVP | Sell | 6,461 | $67.97 | $439,154.17 | 44,999 | |
| 2/6/2014 | James Raines | Director | Sell | 4,143 | $67.73 | $280,605.39 | 12,492 | |
| 12/10/2013 | Michael Avery | President | Sell | 7,500 | $63.01 | $472,575.00 | 285,580 | |
| 11/8/2013 | Philip James Sanders | SVP | Sell | 13,000 | $63.72 | $828,360.00 | 229,261 | |
| 8/9/2013 | Michael Avery | President | Sell | 10,000 | $51.30 | $513,000.00 | 293,080 | |
| 8/1/2013 | Michael D Strohm | COO | Sell | 26,540 | $52.90 | $1,403,966.00 | | |
| 3/22/2013 | Ronald C Reimer | Director | Sell | 6,371 | $42.98 | $273,825.58 | | |
(Data available from 1/1/2013 forward)
Waddell & Reed (NYSE WDR) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Waddell & Reed (WDR) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - April 23 at 2:46 AM |
| $290.23 Million in Sales Expected for Waddell & Reed (WDR) This Quarter
www.americanbankingnews.com - April 19 at 4:57 AM |
| Waddell & Reed (WDR) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 18 at 5:32 PM |
 | Scupham Named President of Ivy Distributors, Inc.
finance.yahoo.com - April 18 at 5:04 PM |
| Waddell & Reed Financial, Inc. -- Moody's withdraws Waddell & Reed Financial, Inc.'s ratings
finance.yahoo.com - April 17 at 9:24 AM |
| Analysts Anticipate Waddell & Reed (WDR) to Post $0.55 EPS
www.americanbankingnews.com - April 17 at 3:08 AM |
| Waddell & Reed (WDR) PT Set at $18.00 by Royal Bank of Canada
www.americanbankingnews.com - April 14 at 11:49 AM |
| Waddell & Reed (WDR) Earns Hold Rating from Jefferies Group
www.americanbankingnews.com - April 14 at 9:09 AM |
 | Form 8-K WADDELL & REED FINANCIAL For: Apr 11
www.streetinsider.com - April 14 at 9:08 AM |
| Waddell & Reed's (WDR) "Hold" Rating Reaffirmed at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 13 at 8:53 PM |
| Euronet Worldwide, Inc.
www.streetinsider.com - April 13 at 4:50 PM |
| Waddell & Reed (WDR) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 13 at 2:47 PM |
| Waddell & Reed Forecasted to Post FY2019 Earnings of $2.12 Per Share (WDR)
www.americanbankingnews.com - April 13 at 9:43 AM |
| Waddell & Reed Financial, Inc. Announces Portfolio Manager Changes
finance.yahoo.com - April 12 at 4:52 PM |
| Q1 2018 Earnings Estimate for Waddell & Reed Issued By Jefferies Group (WDR)
www.americanbankingnews.com - April 12 at 7:25 AM |
| Waddell & Reed Financial, Inc. Announces March 31, 2018 Assets Under Management
finance.yahoo.com - April 11 at 4:50 PM |
| Waddell & Reed (WDR) Price Target Cut to $19.00 by Analysts at Morgan Stanley
www.americanbankingnews.com - April 10 at 2:16 PM |
| Waddell & Reed (WDR) Downgraded by ValuEngine
www.americanbankingnews.com - April 9 at 11:02 AM |
 | Validea's Top Five Financial Stocks Based On Benjamin Graham - 4/8/2018
www.nasdaq.com - April 9 at 9:13 AM |
| Waddell & Reed Financial, Inc. (WDR) Ex-Dividend Date Scheduled for April 09, 2018
www.nasdaq.com - April 8 at 5:10 PM |
| Waddell & Reed Names Elizabeth Hansen as Chief Compliance Officer
finance.yahoo.com - April 2 at 9:30 AM |
| Brokerages Expect Waddell & Reed (WDR) Will Announce Quarterly Sales of $286.38 Million
www.americanbankingnews.com - April 2 at 4:37 AM |
 | The Good Life Companies Hires Todd Esh as Senior Vice President and Managing Director
www.prnewswire.com - March 31 at 4:52 PM |
| Zacks: Analysts Anticipate Waddell & Reed Financial, Inc. (WDR) Will Post Earnings of $0.54 Per Share
www.americanbankingnews.com - March 31 at 5:15 AM |
 | Lazard or Waddell & Reed: Which is a Better Investment Pick?
www.zacks.com - March 29 at 9:21 AM |
| Jefferies Group Reiterates Hold Rating for Waddell & Reed Financial (WDR)
www.americanbankingnews.com - March 29 at 12:34 AM |
| Citigroup Upgrades Waddell & Reed Financial (WDR) to "Neutral"
www.americanbankingnews.com - March 26 at 10:59 AM |
| Waddell & Reed Financial, Inc. (WDR) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 24 at 5:43 PM |
| 4 Reasons to Add Waddell & Reed (WDR) to Your Portfolio Now - Nasdaq
www.nasdaq.com - March 22 at 4:54 PM |
| Waddell & Reed Financial, Inc. (WDR) to Issue Quarterly Dividend of $0.25
www.americanbankingnews.com - March 20 at 10:23 AM |
| Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of First Quarter Earnings Release
finance.yahoo.com - March 20 at 9:16 AM |
| $286.38 Million in Sales Expected for Waddell & Reed Financial, Inc. (WDR) This Quarter
www.americanbankingnews.com - March 16 at 7:02 AM |
| Zacks: Analysts Expect Waddell & Reed Financial, Inc. (WDR) to Announce $0.54 Earnings Per Share
www.americanbankingnews.com - March 14 at 1:19 AM |
| Should You Buy Waddell & Reed Financial Inc (NYSE:WDR) At This PE Ratio?
finance.yahoo.com - March 13 at 9:15 AM |
 | Waddell & Reed AUM down $2.9B in February
seekingalpha.com - March 12 at 5:53 PM |
| Waddell & Reed Financial, Inc. Announces February 28, 2018 Assets Under Management
finance.yahoo.com - March 12 at 5:53 PM |
| Waddell & Reed Financial, Inc. (WDR) Shares Sold by Royce & Associates LP
www.americanbankingnews.com - March 6 at 11:15 AM |
| Waddell & Reed Financial, Inc. (WDR) Position Raised by California Public Employees Retirement System
www.americanbankingnews.com - March 4 at 5:15 AM |
| Arizona State Retirement System Has $3.13 Million Holdings in Waddell & Reed Financial, Inc. (WDR)
www.americanbankingnews.com - March 4 at 4:23 AM |
| Arrowstreet Capital Limited Partnership Invests $7.06 Million in Waddell & Reed Financial, Inc. (WDR)
www.americanbankingnews.com - March 2 at 4:32 AM |
| First Trust Advisors LP Has $12.59 Million Stake in Waddell & Reed Financial, Inc. (WDR)
www.americanbankingnews.com - March 1 at 6:56 AM |
| Waddell & Reed Financial, Inc. (WDR) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - February 27 at 5:40 PM |
| Waddell & Reed Rating Downgraded by Moody's, Outlook Stable
finance.yahoo.com - February 27 at 5:21 PM |
| Waddell & Reed Rating Downgraded by Moody's, Outlook Stable
finance.yahoo.com - February 27 at 5:21 PM |
| Pinnacle Associates Ltd. Has $1.27 Million Position in Waddell & Reed Financial, Inc. (WDR)
www.americanbankingnews.com - February 27 at 12:48 PM |
| Waddell & Reed Financial, Inc. -- Moody's downgrades Waddell & Reed Financial's Issuer Rating to Ba1; outlook changed to stable
finance.yahoo.com - February 27 at 9:04 AM |
| The Zacks Analyst Blog Highlights: Sinopec Shanghai Petrochemical, Waddell & Reed Financial, Buckle and China Petroleum & Chemical
finance.yahoo.com - February 27 at 9:04 AM |
| Buy 4 Top Stocks Yielding 4% Plus to Beat Rising Rate Fears
finance.yahoo.com - February 27 at 9:04 AM |
| 5 Reasons to Add Invesco (IVZ) Stock to Your Portfolio Now
finance.yahoo.com - February 27 at 9:04 AM |
| Waddell & Reed Financial, Inc. (WDR) Position Raised by Schwab Charles Investment Management Inc.
www.americanbankingnews.com - February 27 at 5:51 AM |
Waddell & Reed (NYSE:WDR) SEC Filings
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Waddell & Reed (NYSE:WDR) Income Statement, Balance Sheet and Cash Flow Statement
Waddell & Reed (NYSE WDR) Stock Chart for Monday, April, 23, 2018
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