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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
pixel
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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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NYSE:WDR

Waddell & Reed Financial Stock Forecast, Price & News

$25.05
+0.02 (+0.08 %)
(As of 01/19/2021 12:00 AM ET)
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Today's Range
$25.00
Now: $25.05
$25.14
50-Day Range
$16.87
MA: $24.91
$25.59
52-Week Range
$9.87
Now: $25.05
$25.90
Volume645,305 shs
Average Volume1.10 million shs
Market Capitalization$1.57 billion
P/E Ratio18.02
Dividend Yield4.00%
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

MarketRank

Overall MarketRank

1.28 out of 5 stars

Analyst Opinion: 0.8Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP93005910
Phone913-236-2000
Employees1,162

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.07 billion
Cash Flow$3.28 per share
Book Value$11.50 per share

Profitability

Net Income$114.99 million

Miscellaneous

Market Cap$1.57 billion
Next Earnings Date2/2/2021 (Confirmed)
OptionableOptionable
$25.05
+0.02 (+0.08 %)
(As of 01/19/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Waddell & Reed Financial's stock price been impacted by Coronavirus?

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 (WHO). Since then, WDR shares have increased by 113.2% and is now trading at $25.05.
View which stocks have been most impacted by COVID-19
.

Is Waddell & Reed Financial a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

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.

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

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
.

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

Waddell & Reed Financial, Inc. (NYSE:WDR) released its earnings results on Tuesday, October, 27th. The asset manager reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.46 EPS.
View Waddell & Reed Financial's earnings history
.

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 Monday, December 21st. Investors of record on Monday, January 11th will be paid a dividend of $0.25 per share on Monday, February 1st. This represents a $1.00 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date is Friday, January 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 4.00%. 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 twelve-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 44.1%.
View analysts' price targets for Waddell & Reed Financial
or view Wall Street analyst' top-rated stocks.

Are investors shorting Waddell & Reed Financial?

Waddell & Reed Financial saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 8,620,000 shares, a decrease of 45.8% from the December 15th total of 15,910,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 14.4% of the shares of the company are short sold.
View Waddell & Reed Financial's Short Interest
.

Who are some of Waddell & Reed Financial's key 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).

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 61, Pay $1.71M)
  • Mr. Brent Kyle Bloss CPA, CPA, Pres (Age 51, Pay $1.23M)
  • Mr. Benjamin Russell Clouse, Sr. VP & CFO (Age 47, 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 45, Pay $888.36k)
  • Mr. Michael John Daley, VP, Chief Accounting Officer, Investor Relations & Treasurer (Age 37)
  • 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 49)

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 many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Weather Gauge Advisory LLC (0.06%), Louisiana State Employees Retirement System (0.05%) and Kovack Advisors Inc. (0.02%). 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
.

Which institutional investors are selling Waddell & Reed Financial stock?

WDR stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Weather Gauge Advisory LLC, Kovack Advisors Inc., and Louisiana State Employees Retirement System.
View insider buying and selling activity for Waddell & Reed Financial
or view top insider-selling 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.

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

One share of WDR stock can currently be purchased for approximately $25.05.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $1.57 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.

What is Waddell & Reed Financial's official website?

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

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 1/20/2021 by MarketBeat.com Staff

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