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 shares have increased by 16.9% and is now trading at $13.73. 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) issued its quarterly earnings results on Tuesday, April, 28th. The asset manager reported $0.32 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 firm's quarterly 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 announced a quarterly dividend on Tuesday, March 17th. Shareholders of record on Friday, April 10th will be given a dividend of $0.25 per share on Friday, May 1st. This represents a $1.00 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend is Wednesday, April 8th. View Waddell & Reed Financial's dividend history.

5 brokerages have issued 1-year target prices for Waddell & Reed Financial's shares. Their forecasts range from $10.00 to $17.00. On average, they anticipate Waddell & Reed Financial's share price to reach $13.20 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Waddell & Reed Financial.

News articles about WDR stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. 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 impact score of -3.8 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutWaddell & Reed Financial.

Waddell & Reed Financial saw a increase in short interest in 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 volume of 1,390,000 shares, the short-interest ratio is presently 15.9 days. Approximately 35.0% of the company's shares are sold short. 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 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."

Waddell & Reed Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders 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 $13.73.

Waddell & Reed Financial has a market capitalization of $901.00 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]