NYSE:WDRWaddell & Reed Financial Stock Price, Forecast & News

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WDR stock has increased by 31.8% and is now trading at $15.49. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 5 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Waddell & Reed Financial.

Waddell & Reed Financial is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Waddell & Reed Financial.

Waddell & Reed Financial will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Waddell & Reed Financial, Inc. (NYSE:WDR) issued its earnings results on Tuesday, April, 28th. The asset manager reported $0.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.03. The asset manager earned $263.70 million during the quarter, compared to analysts' expectations of $253.19 million. Waddell & Reed Financial had a return on equity of 15.01% and a net margin of 9.76%. The company's revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 earnings per share. View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial announced a quarterly dividend on Thursday, June 18th. Stockholders of record on Monday, July 13th will be paid a dividend of $0.25 per share on Monday, August 3rd. This represents a $1.00 annualized dividend and a dividend yield of 6.46%. The ex-dividend date of this dividend is Friday, July 10th. View Waddell & Reed Financial's dividend history.

5 analysts have issued 1-year price targets for Waddell & Reed Financial's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Waddell & Reed Financial's stock price to reach $13.80 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. View analysts' price targets for Waddell & Reed Financial.

News stories about WDR stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Waddell & Reed Financial earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Waddell & Reed Financial.

Waddell & Reed Financial saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 23,130,000 shares, an increase of 7.3% from the May 31st total of 21,550,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is currently 16.5 days. Currently, 36.6% of the shares of the stock are short sold. View Waddell & Reed Financial's Current Options Chain.

Some companies that are related to Waddell & Reed Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Waddell & Reed Financial investors own include Pfizer (PFE), Ford Motor (F), AT&T (T), AbbVie (ABBV), Gilead Sciences (GILD), General Electric (GE), Johnson & Johnson (JNJ), YRC Worldwide (YRCW), Energy Transfer LP Unit (ET) and Realogy (RLGY).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of WDR stock can currently be purchased for approximately $15.49.

Waddell & Reed Financial has a market capitalization of $1.02 billion and generates $1.07 billion in revenue each year. The asset manager earns $114.99 million in net income (profit) each year or $1.88 on an earnings per share basis. Waddell & Reed Financial employs 1,162 workers across the globe.

The official website for Waddell & Reed Financial is www.waddell.com.

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]