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NYSE:WDR - Waddell & Reed Financial Stock Price, Forecast & News

$11.25
-0.54 (-4.58 %)
(As of 03/29/2020 02:33 AM ET)
Today's Range
$10.80
Now: $11.25
$11.67
50-Day Range
$10.76
MA: $14.20
$17.27
52-Week Range
$9.87
Now: $11.25
$19.18
Volume1.16 million shs
Average Volume2.19 million shs
Market Capitalization$755.44 million
P/E Ratio7.21
Dividend Yield8.48%
Beta1.41
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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Waddell & Reed Financial logo

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$2.16 per share
Book Value$11.50 per share

Profitability

Net Income$114.99 million

Miscellaneous

Employees1,162
Market Cap$755.44 million
Next Earnings Date4/28/2020 (Confirmed)
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 (WHO). Since then, WDR stock has decreased by 4.3% and is now trading at $11.25. View which stocks have been mosted impacted by Coronavirus.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 5 sell ratings and 1 buy 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, April 28th 2020. View our earnings forecast for Waddell & Reed Financial.

How can I listen to Waddell & Reed Financial's earnings call?

Waddell & Reed Financial will be holding an earnings conference call on Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Waddell & Reed Financial, Inc. (NYSE:WDR) posted its quarterly earnings data on Tuesday, February, 4th. The asset manager reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.10. The asset manager earned $270.10 million during the quarter, compared to analyst estimates of $268.85 million. Waddell & Reed Financial had a return on equity of 15.74% and a net margin of 10.74%. The firm's revenue was down .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 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 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 8.89%. 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?

6 equities research analysts have issued 12 month target prices for Waddell & Reed Financial's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Waddell & Reed Financial's share price to reach $13.40 in the next twelve months. This suggests a possible upside of 19.1% from the stock's current price. View analysts' price targets for Waddell & Reed Financial.

Has Waddell & Reed Financial been receiving favorable news coverage?

News stories about WDR stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -2.1 on InfoTrie's scale. They also assigned media 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 company's share price in the near future. View the latest news aboutWaddell & 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), Gilead Sciences (GILD), AbbVie (ABBV), YRC Worldwide (YRCW), General Electric (GE), Energy Transfer LP Unit (ET), Johnson & Johnson (JNJ) 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 FMR LLC (5.44%), State Street Corp (3.34%), Bank of New York Mellon Corp (2.02%), Geode Capital Management LLC (1.92%), Norges Bank (1.91%) and Gabelli Funds LLC (1.75%). 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 major investors are selling Waddell & Reed Financial stock?

WDR stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Robeco Institutional Asset Management B.V., Alberta Investment Management Corp, Man Group plc, Gateway Investment Advisers LLC, and Heartland Advisors Inc.. View insider buying and selling activity for Waddell & Reed Financial.

Which major investors are buying Waddell & Reed Financial stock?

WDR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Jacobs Levy Equity Management Inc., UBS Group AG, Goldman Sachs Group Inc., Vident Investment Advisory LLC, Bank of Montreal Can, Great West Life Assurance Co. Can, and California Public Employees Retirement System. 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 $11.25.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $755.44 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. View additional information about Waddell & Reed Financial.

What is Waddell & Reed Financial's official website?

The official website for Waddell & Reed Financial is http://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]


MarketBeat Community Rating for Waddell & Reed Financial (NYSE WDR)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  391 (Vote Outperform)
Underperform Votes:  628 (Vote Underperform)
Total Votes:  1,019
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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