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
Stock Exchange NYSE
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNYSE:WDR
Previous Symbol
CUSIP93005910
Phone913-236-2000
Debt
Debt-to-Equity Ratio0.11
Current Ratio4.04
Quick Ratio1.80
Price-To-Earnings
Trailing P/E Ratio9.60
Forward P/E Ratio8.34
P/E Growth1.43
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales1.25
Cash Flow$2.2592 per share
Price / Cash Flow8.16
Book Value$10.47 per share
Price / Book1.76
Profitability
EPS (Most Recent Fiscal Year)$1.92
Net Income$141.27 million
Net Margins14.11%
Return on Equity20.10%
Return on Assets13.58%
Miscellaneous
Employees1,430
Outstanding Shares78,320,000
Market Cap$1.42 billion
OptionableOptionable
Waddell & Reed Financial (NYSE:WDR) Frequently Asked Questions
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 Thursday, September 20th. Stockholders of record on Thursday, October 11th will be paid a dividend of $0.25 per share on Thursday, November 1st. This represents a $1.00 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Wednesday, October 10th. View Waddell & Reed Financial's Dividend History.
How were Waddell & Reed Financial's earnings last quarter?
Waddell & Reed Financial, Inc. (NYSE:WDR) released its quarterly earnings results on Tuesday, October, 30th. The asset manager reported $0.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.02. The asset manager earned $295.10 million during the quarter, compared to analysts' expectations of $293.63 million. Waddell & Reed Financial had a return on equity of 20.10% and a net margin of 14.11%. The company's revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share. View Waddell & Reed Financial's Earnings History.
When is Waddell & Reed Financial's next earnings date?
What price target have analysts set for WDR?
7 brokerages have issued 12 month target prices for Waddell & Reed Financial's stock. Their forecasts range from $17.00 to $23.00. On average, they anticipate Waddell & Reed Financial's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Waddell & Reed Financial.
What is the consensus analysts' recommendation for Waddell & Reed Financial?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Waddell & Reed Financial.
Has Waddell & Reed Financial been receiving favorable news coverage?
Media coverage about WDR stock has been trending somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Waddell & Reed Financial earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are some of Waddell & Reed Financial's key competitors?
Some companies that are related to Waddell & Reed Financial include Virtu Financial (VIRT), Stifel Financial (SF), Navient (NAVI), Wisdom Tree Investments (WETF), Investment Technology Group (ITG), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Freedom (FRHC), Greenhill & Co., Inc. (GHL), Cowen (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP) and China Finance Online (JRJC).
Who are Waddell & Reed Financial's key executives?
Waddell & Reed Financial'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)
- 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)
- Ms. Joan J. Albeck, Sr. VP & Chief Technology Officer
Who are Waddell & Reed Financial's major shareholders?
Waddell & Reed Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.93%), Vanguard Group Inc (10.20%), Vanguard Group Inc. (10.20%), FMR LLC (6.18%), Dimensional Fund Advisors LP (4.31%) and Van Berkom & Associates Inc. (3.49%). Company insiders that own Waddell & Reed Financial stock include Alan W Kosloff, Benjamin R Clouse, James M Raines, Jerry W Walton, John E Sundeen Jr, Thomas W Butch and Wendy J Hills. View Institutional Ownership Trends for Waddell & Reed Financial.
Which institutional investors are selling Waddell & Reed Financial stock?
WDR stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, MERIAN GLOBAL INVESTORS UK Ltd, TIAA CREF Investment Management LLC, Prudential Financial Inc., Vanguard Group Inc., Vanguard Group Inc, Gabelli Funds LLC and Man Group plc. Company insiders that have sold Waddell & Reed Financial company stock in the last year include Alan W Kosloff, James M Raines, Jerry W Walton, John E Sundeen Jr and Wendy J Hills. View Insider Buying and Selling for Waddell & Reed Financial.
Which institutional investors are buying Waddell & Reed Financial stock?
WDR stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Matarin Capital Management LLC, WBI Investments Inc., Brown Advisory Inc., Great Lakes Advisors LLC, Van Berkom & Associates Inc., JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for Waddell & Reed Financial.
How do I buy shares of Waddell & Reed Financial?
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 Financial's stock price today?
One share of WDR stock can currently be purchased for approximately $18.4350.
How big of a company is Waddell & Reed Financial?
Waddell & Reed Financial has a market capitalization of $1.42 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 Financial employs 1,430 workers across the globe.
What is Waddell & Reed Financial's official website?
How can I contact Waddell & Reed Financial?
Waddell & Reed Financial'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 Financial (NYSE WDR)
MarketBeat's community ratings are surveys of what our community members think about Waddell & Reed Financial 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.
