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

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WDR stock has increased by 30.4% and is now trading at $15.32. 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) released its quarterly earnings results on Tuesday, April, 28th. The asset manager reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.03. The asset manager earned $263.70 million during the quarter, compared to the consensus estimate of $253.19 million. Waddell & Reed Financial had a net margin of 9.76% and a return on equity of 15.01%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 earnings per share. View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial declared a quarterly dividend on Thursday, June 18th. Investors of record on Monday, July 13th will be given a dividend of $0.25 per share on Monday, August 3rd. This represents a $1.00 annualized dividend and a yield of 6.53%. The ex-dividend date 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 $13.00 to $17.00. On average, they anticipate Waddell & Reed Financial's share price to reach $14.80 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View analysts' price targets for Waddell & Reed Financial.

Media coverage about WDR stock has trended somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Waddell & Reed Financial earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave media stories 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 next few days. View the latest news about Waddell & Reed Financial.

Waddell & Reed Financial saw a drop in short interest in June. As of June 30th, there was short interest totaling 21,140,000 shares, a drop of 8.6% from the June 15th total of 23,130,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is currently 18.4 days. Approximately 33.5% of the company's 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 $15.32.

Waddell & Reed Financial has a market capitalization of $1.01 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]