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NYSE:WDRWaddell & Reed Financial Stock Price, Forecast & News

$13.58
+0.37 (+2.80 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$13.39
Now: $13.58
$13.86
50-Day Range
$10.98
MA: $13.05
$14.55
52-Week Range
$9.87
Now: $13.58
$18.33
Volume1.72 million shs
Average Volume1.29 million shs
Market Capitalization$891.16 million
P/E Ratio9.30
Dividend Yield7.57%
Beta1.55
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.5Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.23 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.07 billion
Cash Flow$2.33 per share
Book Value$11.50 per share

Profitability

Net Income$114.99 million

Miscellaneous

Employees1,162
Market Cap$891.16 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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

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

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WDR shares have increased by 15.6% and is now trading at $13.58. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Waddell & Reed Financial?

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.

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

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.

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

Waddell & Reed Financial, Inc. (NYSE:WDR) issued its quarterly earnings data on Tuesday, April, 28th. The asset manager reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.03. The asset manager earned $263.70 million during the quarter, compared to analyst estimates of $253.19 million. Waddell & Reed Financial had a net margin of 9.76% and a return on equity of 15.01%. Waddell & Reed Financial's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.42 earnings per share. 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 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 dividend yield of 7.36%. The ex-dividend date of this dividend is Wednesday, April 8th. View Waddell & Reed Financial's dividend history.

What price target have analysts set for WDR?

5 brokers have issued 12-month price targets 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 twelve months. This suggests that the stock has a possible downside of 2.8%. View analysts' price targets for Waddell & Reed Financial.

Has Waddell & Reed Financial been receiving favorable news coverage?

News articles about WDR stock have been trending extremely negative on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Waddell & Reed Financial earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutWaddell & Reed Financial.

Are investors shorting Waddell & 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 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 company are sold short. View Waddell & Reed Financial's Current Options Chain.

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), 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).

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, Chief Investment Officer & Director (Age 60)
  • Mr. Benjamin Russell Clouse, Sr. VP, CFO, Treasurer (Age 46)
  • Mr. Brent Kyle Bloss CPA, CPA, Exec. VP & COO (Age 50)
  • Mr. Mark Patrick Buyle, Sr. VP, Chief Legal Officer, Gen. Counsel & Sec. (Age 52)
  • Ms. Amy Jo Scupham C.F.A., Sr. VP of Distribution (Age 44)

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 retail and institutional 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.

Which institutional investors are selling Waddell & Reed Financial stock?

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.

Which institutional investors are buying Waddell & Reed Financial stock?

WDR stock was acquired 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.

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 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 $13.58.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $891.16 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.

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 5/27/2020 by MarketBeat.com Staff

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