Waddell & Reed Financial Stock Forecast, Price & 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. Since then, WDR shares have increased by 44.3% and is now trading at $16.96.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 3 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for Waddell & Reed Financial or view MarketBeat's top 5 stock picks.

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Waddell & Reed Financial is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Waddell & Reed Financial.

Waddell & Reed Financial, Inc. (NYSE:WDR) released its earnings results on Tuesday, October, 27th. The asset manager reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.07. The asset manager had revenue of $267.70 million for the quarter, compared to analysts' expectations of $262.62 million. Waddell & Reed Financial had a net margin of 9.17% and a return on equity of 14.57%. Waddell & Reed Financial's revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share.
View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial declared a quarterly dividend on Tuesday, September 15th. Investors of record on Monday, October 12th will be given a dividend of $0.25 per share on Monday, November 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Thursday, October 8th.
View Waddell & Reed Financial's dividend history.

4 equities research analysts have issued 1-year price objectives for Waddell & Reed Financial's stock. Their forecasts range from $13.00 to $15.00. On average, they expect Waddell & Reed Financial's share price to reach $14.00 in the next year. This suggests that the stock has a possible downside of 17.5%.
View analysts' price targets for Waddell & Reed Financial.

Some companies that are related to Waddell & Reed Financial include BlackRock (BLK), The 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), Eaton Vance (EV), Invesco (IVZ), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Golub Capital BDC (GBDC) and Main Street Capital (MAIN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Waddell & Reed Financial investors own include Pfizer (PFE), AbbVie (ABBV), Ford Motor (F), Gilead Sciences (GILD), AT&T (T), Johnson & Johnson (JNJ), Verizon Communications (VZ), General Electric (GE), YRC Worldwide (YRCW) and Alibaba Group (BABA).

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

Waddell & Reed Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.29%), State Street Corp (3.61%), Charles Schwab Investment Management Inc. (2.64%), Gamco Investors INC. ET AL (2.14%), Fisher Asset Management LLC (2.10%) and Gabelli Funds LLC (2.08%). Company insiders that own Waddell & Reed Financial stock include 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 BlackRock Inc., Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Victory Capital Management Inc., State Street Corp, Mackay Shields LLC, Great West Life Assurance Co. Can, and First Trust Advisors LP.
View insider buying and selling activity for Waddell & Reed Financial.

WDR stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Robeco Institutional Asset Management B.V., Maltese Capital Management LLC, Cubist Systematic Strategies LLC, Federated Hermes Inc., Royce & Associates LP, Principal Financial Group Inc., and Wells Fargo & Company MN.
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 $16.96.

Waddell & Reed Financial has a market capitalization of $1.06 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]