NYSE:WDR Waddell & Reed Financial Stock Forecast, Price & 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 $15.50 -0.03 (-0.19 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$15.39Now: $15.50▼$15.7350-Day Range$14.43MA: $15.40▼$16.0952-Week Range$9.87Now: $15.50▼$17.68Volume1.66 million shsAverage Volume1.13 million shsMarket Capitalization$1.01 billionP/E Ratio11.15Dividend Yield6.44%Beta1.47 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 0.6 Analyst's Opinion Consensus RatingWaddell & Reed Financial has received a consensus rating of Sell. The company's average rating score is 1.20, and is based on no buy ratings, 1 hold rating, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.75, Waddell & Reed Financial has a forecasted downside of 11.3% from its current price of $15.50.Amount of Analyst CoverageWaddell & Reed Financial has only been the subject of 4 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 636 “underperform” votes. (Add your “underperform” vote.)Community SentimentWaddell & Reed Financial has received 61.81% “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 6.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWaddell & Reed Financial has only been increasing its dividend for 1 years.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 85.47% 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 -15.22% in the coming year, from $1.38 to $1.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Waddell & Reed Financial is 11.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Waddell & Reed Financial is 11.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.16.Price to Book Value per Share RatioWaddell & Reed Financial has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 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 Ratio2.75 Quick Ratio0.95Price-To-Earnings Trailing P/E Ratio11.15 Forward P/E Ratio11.23 P/E GrowthN/A Sales & Book Value Annual Sales$1.07 billion Price / Sales0.94 Cash Flow$2.33 per share Price / Cash Flow6.65 Book Value$11.50 per share Price / Book1.35Profitability EPS (Most Recent Fiscal Year)$1.88 Net Income$114.99 million Net Margins9.17% Return on Equity14.57% Return on Assets9.54%Miscellaneous Employees1,162 Outstanding Shares65,164,000Market Cap$1.01 billion Next Earnings Date10/27/2020 (Confirmed) OptionableOptionable $15.50 -0.03 (-0.19 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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? Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WDR shares have increased by 31.9% and is now trading at $15.50. View which stocks have been most impacted by COVID-19. 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, October 27th 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, October 27th 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) released its earnings results on Tuesday, July, 28th. The asset manager reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.06. The asset manager earned $240.03 million during the quarter, compared to analyst estimates of $245.26 million. Waddell & Reed Financial had a return on equity of 14.57% and a net margin of 9.17%. The company's revenue was down 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.45 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, September 15th. Stockholders of record on Monday, October 12th will be given a dividend of $0.25 per share on Monday, November 2nd. This represents a $1.00 annualized dividend and a yield of 6.45%. The ex-dividend date is Thursday, October 8th. View Waddell & Reed Financial's dividend history. What price target have analysts set for WDR? 5 brokerages have issued 1 year target prices for Waddell & Reed Financial's shares. Their forecasts range from $13.00 to $15.00. On average, they anticipate Waddell & Reed Financial's stock price to reach $13.75 in the next year. This suggests that the stock has a possible downside of 11.3%. View analysts' price targets for Waddell & Reed Financial. 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), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) 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), AbbVie (ABBV), Ford Motor (F), AT&T (T), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Verizon Communications (VZ), General Electric (GE), YRC Worldwide (YRCW) and Alibaba Group (BABA). 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 Vanguard Group Inc. (10.91%), Charles Schwab Investment Management Inc. (2.58%), Gamco Investors INC. ET AL (2.06%), Fisher Asset Management LLC (2.06%), Gabelli Funds LLC (2.01%) and Bank of New York Mellon Corp (1.98%). Company insiders that own Waddell & Reed Financial stock include 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., Vanguard Group Inc., Skandinaviska Enskilda Banken AB publ, First Trust Advisors LP, Federated Hermes Inc., WINTON GROUP Ltd, Robeco Institutional Asset Management B.V., and Bank of America Corp DE. View insider buying and selling activity for Waddell & Reed Financial. Which institutional investors are buying Waddell & Reed Financial stock? WDR stock was purchased by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Marshall Wace LLP, Marshall Wace North America L.P., Fisher Asset Management LLC, Mackay Shields LLC, Duality Advisers LP, Ziegler Capital Management LLC, and UBS Group AG. 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 $15.50. How big of a company is Waddell & Reed Financial? Waddell & Reed Financial has a market capitalization of $1.01 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. 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 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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