NYSE:WDRWaddell & Reed Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Waddell & Reed Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $13.58 +0.37 (+2.80 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$13.39Now: $13.58▼$13.8650-Day Range$10.98MA: $13.05▼$14.5552-Week Range$9.87Now: $13.58▼$18.33Volume1.72 million shsAverage Volume1.29 million shsMarket Capitalization$891.16 millionP/E Ratio9.30Dividend Yield7.57%Beta1.55 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.5 Analyst's Opinion Consensus RatingWaddell & Reed Financial has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.20, Waddell & Reed Financial has a potential downside of 2.8% from its current price of $13.58.Amount of Analyst CoverageWaddell & Reed Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesWaddell & Reed Financial has received 393 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWaddell & Reed Financial has received 631 “underperform” votes. (Add your “underperform” vote.)Community SentimentWaddell & Reed Financial has received 61.62% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Waddell & Reed Financial and other stocks. Vote “Outperform” if you believe WDR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WDR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipWaddell & Reed Financial is a leading dividend payer. It pays a dividend yield of 7.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWaddell & Reed Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Waddell & Reed Financial is 53.19 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Waddell & Reed Financial will have a dividend payout ratio of 135.14 % in the coming year. This indicates that Waddell & Reed Financial may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Waddell & Reed Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.74% of the stock of Waddell & Reed Financial is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Waddell & Reed Financial are expected to decrease by -26.00% in the coming year, from $1.00 to $0.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Waddell & Reed Financial is 9.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Waddell & Reed Financial is 9.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.34.Price to Book Value per Share RatioWaddell & Reed Financial has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NYSE Industry Security brokers & dealers Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:WDR Previous Symbol CUSIP93005910 CIK1052100 Webwww.waddell.com Phone913-236-2000Debt Debt-to-Equity RatioN/A Current Ratio2.64 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio9.30 Forward P/E Ratio13.58 P/E GrowthN/A Sales & Book Value Annual Sales$1.07 billion Price / Sales0.83 Cash Flow$2.33 per share Price / Cash Flow5.83 Book Value$11.50 per share Price / Book1.18Profitability EPS (Most Recent Fiscal Year)$1.88 Net Income$114.99 million Net Margins9.76% Return on Equity15.01% Return on Assets9.90%Miscellaneous Employees1,162 Outstanding Shares65,623,000Market Cap$891.16 million Next Earnings Date8/4/2020 (Estimated) OptionableOptionable WDR Rates by TradingView Receive WDR News and Ratings via Email Sign-up to receive the latest news and ratings for WDR and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Waddell & Reed Financial include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Eaton Vance (EV), Invesco (IVZ), Cohen & Steers (CNS), Affiliated Managers Group (AMG) and Federated Investors (FII). View all 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
