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NYSE:WDR

Waddell & Reed Financial Stock Forecast, Price & News

$16.96
+0.04 (+0.24 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$16.58
Now: $16.96
$16.97
50-Day Range
$15.35
MA: $16.61
$17.89
52-Week Range
$9.87
Now: $16.96
$18.02
Volume436,900 shs
Average Volume1.10 million shs
Market Capitalization$1.06 billion
P/E Ratio12.20
Dividend Yield5.90%
Beta1.44
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

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

1.26 out of 5 stars


Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP93005910
Phone913-236-2000
Employees1,162

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.07 billion
Cash Flow$2.22 per share
Book Value$11.50 per share

Profitability

Net Income$114.99 million

Miscellaneous

Market Cap$1.06 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$16.96
+0.04 (+0.24 %)
(As of 11/27/2020 12:00 AM 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 price been impacted by Coronavirus?

Waddell & Reed Financial's stock was trading at $11.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WDR shares have increased by 44.3% and is now trading at $16.96.
View which stocks have been most impacted by COVID-19
.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Waddell & Reed Financial in the last year. There are currently 3 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for Waddell & Reed Financial
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Waddell & Reed Financial?

Wall Street analysts have given Waddell & Reed Financial a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year 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.
View MarketBeat's top stock picks here.

When is Waddell & Reed Financial's next earnings date?

Waddell & Reed Financial is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Waddell & Reed Financial
.

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

Waddell & Reed Financial, Inc. (NYSE:WDR) released its earnings results on Tuesday, October, 27th. The asset manager reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.07. The asset manager had revenue of $267.70 million for the quarter, compared to analysts' expectations of $262.62 million. Waddell & Reed Financial had a net margin of 9.17% and a return on equity of 14.57%. Waddell & Reed Financial's revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 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. Investors 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 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Thursday, October 8th.
View Waddell & Reed Financial's dividend history
.

What price target have analysts set for WDR?

4 equities research analysts have issued 1-year price objectives for Waddell & Reed Financial's stock. 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 17.5%.
View analysts' price targets for 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), 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).

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 & Director (Age 61, Pay $1.71M)
  • Mr. Brent Kyle Bloss CPA, CPA, Pres (Age 51, Pay $1.23M)
  • Mr. Benjamin Russell Clouse, Sr. VP & CFO (Age 47, Pay $991.8k)
  • Mr. Daniel Partner Hanson C.F.A., CFA, Sr. VP & Chief Investment Officer
  • Mr. Shawn Michael Mihal, Sr. VP of Wealth Management (Age 45, Pay $888.36k)
  • Mr. Michael John Daley, VP, Chief Accounting Officer, Investor Relations & Treasurer (Age 37)
  • Mr. Eric J. Meltzer, Sr. VP & CTO
  • Mr. Mark Patrick Buyle, Sr. VP, Chief Legal Officer, Gen. Counsel & Sec. (Age 53)
  • Mr. Roger Hoadley, VP & Director of Communications
  • Mr. Christopher W. Rackers, Sr. VP and Chief People & Brand Officer (Age 49)

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. (15.29%), State Street Corp (3.61%), Charles Schwab Investment Management Inc. (2.64%), Gamco Investors INC. ET AL (2.14%), Fisher Asset Management LLC (2.10%) and Gabelli Funds LLC (2.08%). 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 BlackRock Inc., Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Victory Capital Management Inc., State Street Corp, Mackay Shields LLC, Great West Life Assurance Co. Can, and First Trust Advisors LP.
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 Arrowstreet Capital Limited Partnership, Robeco Institutional Asset Management B.V., Maltese Capital Management LLC, Cubist Systematic Strategies LLC, Federated Hermes Inc., Royce & Associates LP, Principal Financial Group Inc., and Wells Fargo & Company MN.
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 $16.96.

How big of a company is Waddell & Reed Financial?

Waddell & Reed Financial has a market capitalization of $1.06 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 11/30/2020 by MarketBeat.com Staff

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