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. Since then, WDR shares have increased by 13.8% and is now trading at $13.37. 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, August 4th 2020. View our earnings forecast for Waddell & Reed Financial.

Waddell & Reed Financial, Inc. (NYSE:WDR) released its earnings results on Tuesday, April, 28th. The asset manager reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. The asset manager had revenue of $263.70 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 earnings per share. 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 yield of 7.48%. The ex-dividend date of this dividend is Wednesday, April 8th. View Waddell & Reed Financial's dividend history.

5 Wall Street analysts have issued 12-month target prices for Waddell & Reed Financial's shares. Their forecasts range from $10.00 to $17.00. On average, they expect Waddell & Reed Financial's share price to reach $13.20 in the next year. This suggests that the stock has a possible downside of 1.3%. View analysts' price targets for Waddell & Reed Financial.

Headlines about WDR stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing 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 nearest to five being the most favorable. Waddell & Reed Financial earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWaddell & Reed Financial.

Waddell & Reed Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 22,100,000 shares, an increase of 7.1% from the April 30th total of 20,630,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is currently 15.9 days. Currently, 35.0% 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), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Main Street Capital (MAIN). 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."

Waddell & Reed Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.92%), State Street Corp (3.79%), Invesco Ltd. (3.70%), APG Asset Management N.V. (3.14%), Van Berkom & Associates Inc. (2.59%) and Gamco Investors INC. ET AL (2.10%). 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 APG Asset Management N.V., APG Asset Management N.V., Invesco Ltd., Fuller & Thaler Asset Management Inc., Van Berkom & Associates Inc., APG Asset Management N.V., BlackRock Inc., and UBS Group AG. 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 Matarin Capital Management LLC, Yacktman Asset Management LP, AJO LP, JPMorgan Chase & Co., Federated Hermes Inc., Grantham Mayo Van Otterloo & Co. LLC, State Street Corp, and Skandinaviska Enskilda Banken AB publ . 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 $13.37.

Waddell & Reed Financial has a market capitalization of $877.34 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.

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]