Waddell & Reed Financial Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last twelve months. There are currently 2 sell ratings 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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Wall Street analysts have given Waddell & Reed Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Waddell & Reed Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Waddell & Reed Financial saw a decrease in short interest in January. As of January 29th, there was short interest totaling 3,350,000 shares, a decrease of 32.3% from the January 14th total of 4,950,000 shares. Based on an average daily volume of 1,620,000 shares, the short-interest ratio is currently 2.1 days. Currently, 5.6% of the shares of the stock are short sold.
View Waddell & Reed Financial's Short Interest.

Waddell & Reed Financial is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Waddell & Reed Financial.

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 the Thomson Reuters' consensus estimate of $0.46 by $0.05. The asset manager earned $278.10 million during the quarter, compared to the consensus estimate of $267.05 million. Waddell & Reed Financial had a net margin of 9.17% and a trailing twelve-month return on equity of 14.57%. The company's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share.
View Waddell & Reed Financial's earnings history.

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 113.5% and is now trading at $25.09.
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Waddell & Reed Financial declared a quarterly dividend on Friday, February 19th. Investors of record on Friday, April 9th will be given a dividend of $0.25 per share on Friday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend 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 3.98%. 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 strock 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.

4 equities research analysts have issued twelve-month target prices for Waddell & Reed Financial's shares. Their forecasts range from $13.00 to $15.00. On average, they expect Waddell & Reed Financial's share price to reach $14.00 in the next year. This suggests that the stock has a possible downside of 44.2%.
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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), C3.ai (AI), Eaton Vance (EV), SEI Investments (SEIC), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Prospect Capital (PSEC).
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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."

Waddell & Reed Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.29%), Dimensional Fund Advisors LP (4.42%), Charles Schwab Investment Management Inc. (2.64%), Alpine Associates Management Inc. (2.51%), Gamco Investors INC. ET AL (2.00%) and Northern Trust Corp (1.76%). Company insiders that own Waddell & Reed Financial stock include Dennis E Logue and Jerry W Walton.
View institutional ownership trends for Waddell & Reed Financial.

WDR stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Brown Advisory Inc., Royce & Associates LP, Robeco Institutional Asset Management B.V., Bank of New York Mellon Corp, Gabelli Funds LLC, Russell Investments Group Ltd., and Principal Financial Group Inc..
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WDR stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Norges Bank, Morgan Stanley, SummerHaven Investment Management LLC, Barclays PLC, Water Island Capital LLC, Tokio Marine Asset Management Co. Ltd., and Renaissance Technologies LLC.
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Shares of WDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WDR stock can currently be purchased for approximately $25.09.

Waddell & Reed Financial has a market capitalization of $1.56 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 1,162 workers across the globe.

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]