NYSE:WDR - Waddell & Reed Financial Stock Price, Forecast & News

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WDR stock has decreased by 4.3% and is now trading at $11.25. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 5 sell ratings and 1 buy rating 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, April 28th 2020. View our earnings forecast for Waddell & Reed Financial.

Waddell & Reed Financial will be holding an earnings conference call on Tuesday, April 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) posted its quarterly earnings data on Tuesday, February, 4th. The asset manager reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.10. The asset manager earned $270.10 million during the quarter, compared to analyst estimates of $268.85 million. Waddell & Reed Financial had a return on equity of 15.74% and a net margin of 10.74%. The firm's revenue was down .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial declared a quarterly dividend on Tuesday, March 17th. Investors of record on Friday, April 10th will be paid a dividend of $0.25 per share on Friday, May 1st. This represents a $1.00 annualized dividend and a dividend yield of 8.89%. The ex-dividend date of this dividend is Wednesday, April 8th. View Waddell & Reed Financial's dividend history.

6 equities research analysts have issued 12 month target prices for Waddell & Reed Financial's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Waddell & Reed Financial's share price to reach $13.40 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View analysts' price targets for Waddell & Reed Financial.

News stories about WDR stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Waddell & Reed Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutWaddell & Reed Financial.

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), Northern Trust (NTRS), Ameriprise Financial (AMP), 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).

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), Gilead Sciences (GILD), AbbVie (ABBV), YRC Worldwide (YRCW), General Electric (GE), Energy Transfer LP Unit (ET), Johnson & Johnson (JNJ) and Realogy (RLGY).

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

Waddell & Reed Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (5.44%), State Street Corp (3.34%), Bank of New York Mellon Corp (2.02%), Geode Capital Management LLC (1.92%), Norges Bank (1.91%) and Gabelli Funds LLC (1.75%). Company insiders that own Waddell & Reed Financial stock include Alan W Kosloff, Dennis E Logue, James M Raines and Jerry W Walton. View institutional ownership trends for Waddell & Reed Financial.

WDR stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Robeco Institutional Asset Management B.V., Alberta Investment Management Corp, Man Group plc, Gateway Investment Advisers LLC, and Heartland Advisors Inc.. View insider buying and selling activity for Waddell & Reed Financial.

WDR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Jacobs Levy Equity Management Inc., UBS Group AG, Goldman Sachs Group Inc., Vident Investment Advisory LLC, Bank of Montreal Can, Great West Life Assurance Co. Can, and California Public Employees Retirement System. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of WDR stock can currently be purchased for approximately $11.25.

Waddell & Reed Financial has a market capitalization of $755.44 million 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. View additional information about Waddell & Reed Financial.

The official website for Waddell & Reed Financial is http://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]