Waddell & Reed Financial Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 1 sell rating 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.
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Waddell & Reed Financial, Inc. (NYSE:WDR) released its quarterly earnings data on Monday, February, 1st. The asset manager reported $0.41 earnings per share (EPS) 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%. Waddell & Reed Financial's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company posted $0.51 EPS.
View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial declared a quarterly dividend on Friday, February 19th. Shareholders of record on Friday, April 9th will be paid 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 4.00%. The ex-dividend date is Thursday, April 8th.
View Waddell & Reed Financial's dividend history.

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 strong 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.

3 brokers have issued 1 year price objectives for Waddell & Reed Financial's stock. Their forecasts range from $13.00 to $14.00. On average, they expect Waddell & Reed Financial's stock price to reach $13.67 in the next twelve months. This suggests that the stock has a possible downside of 45.3%.
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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.

Some companies that are related to Waddell & Reed Financial include BlackRock (BLK), T. Rowe Price Group (TROW), The Bank of New York Mellon (BK), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), Ares Capital (ARCC), SEI Investments (SEIC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN) and Golub Capital BDC (GBDC).
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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).

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

One share of WDR stock can currently be purchased for approximately $24.98.

Waddell & Reed Financial has a market capitalization of $1.55 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 1,116 workers across the globe.

The following companies are subsidiares of Waddell & Reed Financial: Fiduciary Trust Company of New Hampshire, Ivy Distributors Inc., Ivy Investment Management Company, Unicon Agency Inc., W & R Corporate LLC, W & R Insurance Agency Inc., Waddell & Reed Financial Services Inc., Waddell & Reed Inc., and Waddell & Reed Services Company.

Waddell & Reed Financial was founded in 1937.

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

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

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]