NYSE:WDRWaddell & Reed Financial Stock Price, Forecast & News

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 (WHO). Since then, WDR shares have increased by 19.4% and is now trading at $14.03. View which stocks have been most impacted by Coronavirus.

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.

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.

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 analysts' consensus estimates 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%. The business's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 earnings per share. View Waddell & Reed Financial's earnings history.

Waddell & Reed Financial declared a quarterly dividend on Tuesday, March 17th. Shareholders 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 yield of 7.13%. The ex-dividend date is Wednesday, April 8th. View Waddell & Reed Financial's dividend history.

5 brokers have issued 1-year price objectives for Waddell & Reed Financial's shares. Their forecasts range from $10.00 to $17.00. On average, they expect Waddell & Reed Financial's stock price to reach $13.20 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View analysts' price targets for Waddell & Reed Financial.

News headlines about WDR stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Waddell & Reed Financial earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent media 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.

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 short-interest ratio is currently 15.9 days. Approximately 35.0% of the shares of the company are sold short. View Waddell & Reed Financial's Current Options Chain.

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 Main Street Capital (MAIN). View all competitors.

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).

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 variety of retail and institutional investors. Top institutional investors 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.

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.

WDR stock was bought 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.

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.

One share of WDR stock can currently be purchased for approximately $14.03.

Waddell & Reed Financial has a market capitalization of $920.69 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.

The official website for Waddell & Reed Financial is www.waddell.com.

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]