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

$15.34
+0.47 (+3.16 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$14.79
Now: $15.34
$15.35
50-Day Range
$14.43
MA: $15.12
$15.74
52-Week Range
$9.87
Now: $15.34
$18.33
Volume556,419 shs
Average Volume889,980 shs
Market Capitalization$999.55 million
P/E Ratio11.04
Dividend Yield6.52%
Beta1.48
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: 0.6Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.25 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$2.27 per share
Book Value$11.77 per share

Profitability

Net Income$114.99 million

Miscellaneous

Employees1,162
Market Cap$999.55 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$15.34
+0.47 (+3.16 %)
(As of 08/7/2020 04:00 PM 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 been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, WDR shares have increased by 30.6% and is now trading at $15.34.
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 4 sell ratings and 1 hold rating 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, November 3rd 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, July, 28th. The asset manager reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.06. The asset manager had revenue of $240.03 million for the quarter, compared to analysts' expectations of $245.26 million. Waddell & Reed Financial had a return on equity of 14.57% and a net margin of 9.17%. The business's revenue was down 11.1% compared to the same quarter last year. During the same period last year, the firm posted $0.45 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 Thursday, June 18th. Stockholders of record on Monday, July 13th will be paid a dividend of $0.25 per share on Monday, August 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date of this dividend is Friday, July 10th.
View Waddell & Reed Financial's dividend history
.

What price target have analysts set for WDR?

5 Wall Street analysts have issued twelve-month target prices for Waddell & Reed Financial's stock. Their forecasts range from $13.00 to $17.00. On average, they anticipate Waddell & Reed Financial's stock price to reach $14.40 in the next year. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for Waddell & Reed Financial
.

Has Waddell & Reed Financial been receiving favorable news coverage?

Media headlines about WDR stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Waddell & Reed Financial earned a daily sentiment score of -4.8 on InfoTrie's scale. They also assigned news headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Waddell & Reed Financial
.

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 many different institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (2.06%), Principal Financial Group Inc. (0.99%), Robeco Institutional Asset Management B.V. (0.73%), Russell Investments Group Ltd. (0.71%), Yacktman Asset Management LP (0.68%) and First Trust Advisors LP (0.63%). 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 First Trust Advisors LP, WINTON GROUP Ltd, Robeco Institutional Asset Management B.V., Vident Investment Advisory LLC, Vident Investment Advisory LLC, New York State Teachers Retirement System, New York State Common Retirement Fund, and Texas Permanent School Fund.
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 Fisher Asset Management LLC, Mackay Shields LLC, Duality Advisers LP, Ziegler Capital Management LLC, UBS Group AG, SG Americas Securities LLC, Quantitative Systematic Strategies LLC, and Russell Investments Group Ltd..
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 $15.34.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $999.55 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 8/9/2020 by MarketBeat.com Staff

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