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NYSE:WDR

Waddell & Reed Financial Stock Forecast, Price & News

$25.09
-0.08 (-0.32 %)
(As of 02/25/2021 01:14 PM ET)
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Compare
Today's Range
$25.03
Now: $25.09▼
$25.19
50-Day Range
$25.01
MA: $25.11▼
$25.39
52-Week Range
$9.87
Now: $25.09▼
$25.90
Volume35,853 shs
Average Volume840,132 shs
Market Capitalization$1.56 billion
P/E Ratio18.05
Dividend Yield3.98%
Beta1.44
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. The company acts as an investment adviser for institutional and other private investors, and provides sub advisory services to other investment companies; and underwrites and distributes registered open-end mutual fund portfolios. It also offers fee-based asset allocation investment advisory products to advisors channel customers; distributes business partners' variable annuity products, and retirement and life insurance products to advisors channel customers; and sells life insurance and disability products underwritten by various carriers. The company distributes investment products through its wholesale channel comprising other broker/dealers, various retirement platforms, and registered investment advisors, as well as through independent financial advisors; and markets investment advisory services to institutional investors directly or through consultants. Waddell & Reed Financial, Inc. was founded in 1937 and is based in Overland Park, Kansas.
Waddell & Reed Financial logo

Headlines

Waddell & Reed Financial, Inc. Declares Quarterly Dividend
February 19, 2021 |  finance.yahoo.com
(WDR): Johnson Fistel Continues to Investigate the Proposed Sale of Waddell & Reed; Are Shareholders Getting a Fair Deal?
February 18, 2021 |  finance.yahoo.com
Is LPL Financial a Buy?
February 17, 2021 |  finance.yahoo.com
Waddell & Reed Financial, Inc. Announces January 31, 2021 Assets Under Management
February 10, 2021 |  finance.yahoo.com
Waddell & Reed Financial Investment Q4 Income Climbs
February 4, 2021 |  nasdaq.com
Waddell & Reed (WDR) Q4 Earnings Miss on Higher Expenses
February 3, 2021 |  finance.yahoo.com
Waddell & Reed Financial (WDR) Q4 Earnings and Revenues Lag Estimates
February 2, 2021 |  finance.yahoo.com
Web Site Resources
February 2, 2021 |  businesswire.com
Waddell & Reed Financial: Q4 Earnings Insights
February 2, 2021 |  benzinga.com
Waddell & Reed Financial Earnings Preview
February 1, 2021 |  finance.yahoo.com
Should You Buy Waddell & Reed (WDR) Ahead of Earnings?
February 1, 2021 |  finance.yahoo.com
INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - PRSP, CMD, WDR, SPWH, WTRE
January 28, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNYSE:WDR
Previous Symbol
CUSIP93005910
CIK1052100
Webwww.waddell.com
Phone913-236-2000
Employees1,162
Year FoundedN/A

Debt

Debt-to-Equity RatioN/A
Current Ratio2.75
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio18.05
Forward P/E Ratio16.84
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.07 billion
Price / Sales1.46
Cash Flow$3.28 per share
Price / Cash Flow7.64
Book Value$11.50 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)$1.88
Net Income$114.99 million
Net Margins9.17%
Return on Equity14.57%
Return on Assets9.54%

Miscellaneous

Outstanding Shares62,178,000
Market Cap$1.56 billion
Next Earnings Date4/27/2021 (Estimated)
OptionableOptionable

MarketRank™

Overall MarketRank™

1.28 out of 5 stars

Finance Sector

830th out of 1,931 stocks

Security Brokers & Dealers Industry

20th out of 46 stocks

Analyst Opinion: 0.8Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$25.09
-0.08 (-0.32 %)
(As of 02/25/2021 01:14 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Waddell & Reed Financial (NYSE:WDR) Frequently Asked Questions

Is Waddell & Reed Financial a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Waddell & Reed Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WDR, but not buy additional shares or sell existing shares.
View analyst ratings for Waddell & Reed Financial or view top-rated stocks.

What stocks does MarketBeat like better than Waddell & Reed Financial?

Wall Street analysts have given Waddell & Reed Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Waddell & Reed Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Waddell & Reed Financial?

Waddell & Reed Financial saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 3,350,000 shares, a drop of 32.3% from the January 14th total of 4,950,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is currently 2.1 days. Approximately 5.6% of the shares of the company are sold short.
View Waddell & Reed Financial's Short Interest.

When is Waddell & Reed Financial's next earnings date?

Waddell & Reed Financial is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Waddell & Reed Financial.

How were Waddell & Reed Financial's earnings last quarter?

Waddell & Reed Financial, Inc. (NYSE:WDR) issued its quarterly earnings results on Monday, February, 1st. The asset manager reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. The asset manager had revenue of $278.10 million for the quarter, compared to the consensus estimate of $267.05 million. Waddell & Reed Financial had a trailing twelve-month return on equity of 14.57% and a net margin of 9.17%. The firm's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 earnings per share.
View Waddell & Reed Financial's earnings history.

How has Waddell & Reed Financial's stock price been impacted by Coronavirus (COVID-19)?

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WDR shares have increased by 113.7% and is now trading at $25.11.
View which stocks have been most impacted by COVID-19.

How often does Waddell & Reed Financial pay dividends? What is the dividend yield for Waddell & Reed Financial?

Waddell & Reed Financial declared a quarterly dividend on Friday, February 19th. Stockholders of record on Friday, April 9th will be given a dividend of $0.25 per share on Friday, April 30th. This represents a $1.00 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend is Thursday, April 8th.
View Waddell & Reed Financial's dividend history.

Is Waddell & Reed Financial a good dividend stock?

Waddell & Reed Financial pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.98%. WDR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Waddell & Reed Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of Waddell & Reed Financial is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Waddell & Reed Financial will have a dividend payout ratio of 78.13% in the coming year. This indicates that Waddell & Reed Financial may not be able to sustain their current dividend.
View Waddell & Reed Financial's dividend history.

What price target have analysts set for WDR?

4 analysts have issued 12 month price targets for Waddell & Reed Financial's stock. Their forecasts range from $13.00 to $15.00. On average, they anticipate Waddell & Reed Financial's stock price to reach $14.00 in the next year. This suggests that the stock has a possible downside of 44.2%.
View analysts' price targets for Waddell & Reed Financial or view top-rated stocks among Wall Street analysts.

Who are Waddell & Reed Financial's key executives?

Waddell & Reed Financial's management team includes the following people:
  • Mr. Philip James Sanders C.F.A., CFA, MBA, CEO & Director (Age 62, Pay $1.71M)
  • Mr. Brent Kyle Bloss CPA, CPA, Pres (Age 52, Pay $1.23M)
  • Mr. Benjamin Russell Clouse, Sr. VP & CFO (Age 48, Pay $991.8k)
  • Mr. Daniel Partner Hanson C.F.A., CFA, Sr. VP & Chief Investment Officer
  • Mr. Shawn Michael Mihal, Sr. VP of Wealth Management (Age 46, Pay $888.36k)
  • Mr. Michael John Daley, VP, Chief Accounting Officer, Investor Relations & Treasurer (Age 38)
  • Mr. Eric J. Meltzer, Sr. VP & CTO
  • Mr. Mark Patrick Buyle, Sr. VP, Chief Legal Officer, Gen. Counsel & Sec. (Age 53)
  • Mr. Roger Hoadley, VP & Director of Communications
  • Mr. Christopher W. Rackers, Sr. VP and Chief People & Brand Officer (Age 50)

What is Philip Sanders' approval rating as Waddell & Reed Financial's CEO?

58 employees have rated Waddell & Reed Financial CEO Philip Sanders on Glassdoor.com. Philip Sanders has an approval rating of 68% among Waddell & Reed Financial's employees.

Who are some of Waddell & Reed Financial's key competitors?

Some companies that are related to Waddell & Reed Financial include BlackRock (BLK), The Bank of New York Mellon (BK), T. Rowe Price Group (TROW), Ameriprise Financial (AMP), State Street (STT), Northern Trust (NTRS), Franklin Resources (BEN), C3.ai (AI), Invesco (IVZ), Eaton Vance (EV), SEI Investments (SEIC), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Prospect Capital (PSEC).
View all of WDR's competitors.

What other stocks do shareholders of Waddell & Reed Financial own?

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).

What is Waddell & Reed Financial's stock symbol?

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

Who are Waddell & Reed Financial's major shareholders?

Waddell & Reed Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.29%), Charles Schwab Investment Management Inc. (2.64%), Alpine Associates Management Inc. (2.51%), Gamco Investors INC. ET AL (2.00%), Northern Trust Corp (1.76%) and Morgan Stanley (1.51%). Company insiders that own Waddell & Reed Financial stock include Dennis E Logue and Jerry W Walton.
View institutional ownership trends for Waddell & Reed Financial.

Which institutional investors are selling Waddell & Reed Financial stock?

WDR stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Brown Advisory Inc., Royce & Associates LP, Robeco Institutional Asset Management B.V., Bank of New York Mellon Corp, Gabelli Funds LLC, Russell Investments Group Ltd., and Principal Financial Group Inc..
View insider buying and selling activity for Waddell & Reed Financial or view top insider-selling stocks.

Which institutional investors are buying Waddell & Reed Financial stock?

WDR stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Morgan Stanley, SummerHaven Investment Management LLC, Barclays PLC, Water Island Capital LLC, Tokio Marine Asset Management Co. Ltd., Renaissance Technologies LLC, and Westchester Capital Management LLC.
View insider buying and selling activity for Waddell & Reed Financial or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Waddell & Reed Financial's stock price today?

One share of WDR stock can currently be purchased for approximately $25.11.

How much money does Waddell & Reed Financial make?

Waddell & Reed Financial has a market capitalization of $1.56 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.

How many employees does Waddell & Reed Financial have?

Waddell & Reed Financial employs 1,162 workers across the globe.

What is Waddell & Reed Financial's official website?

The official website for Waddell & Reed Financial is www.waddell.com.

Where are Waddell & Reed Financial's headquarters?

Waddell & Reed Financial is headquartered at 6300 LAMAR AVE, OVERLAND PARK KS, 66201.

How can I contact Waddell & Reed Financial?

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]


This page was last updated on 2/25/2021 by MarketBeat.com Staff
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