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

Waddell & Reed Financial, Inc. (NYSE:WDR) posted its quarterly earnings results on Monday, February, 1st. The asset manager reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. The asset manager earned $278.10 million during the quarter, compared to analysts' expectations of $267.05 million. Waddell & Reed Financial had a trailing twelve-month return on equity of 14.57% and a net margin of 9.17%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 earnings per share.

Is Waddell & Reed Financial a good dividend stock?

Waddell & Reed Financial (NYSE:WDR) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.00%. WDR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, WDR will have a dividend payout ratio of 78.13% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for WDR .

What is Philip Sanders' approval rating as Waddell & Reed Financial's CEO?

58 employees have rated Waddell & Reed Financial Chief Executive Officer Philip Sanders on Glassdoor.com . Philip Sanders has an approval rating of 68% among the company's employees.

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) .

Does Waddell & Reed Financial have any subsidiaries?

The following companies are subsidiares of Waddell & Reed Financial: Fiduciary Trust Company of New Hampshire, Ivy Distributors Inc., Ivy Investment Management Company, Unicon Agency Inc., W & R Corporate LLC, W & R Insurance Agency Inc., Waddell & Reed Financial Services Inc., Waddell & Reed Inc., and Waddell & Reed Services Company. Read More

NYSE:WDR

Waddell & Reed Financial (WDR) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $24.98
▼
$25.00
50-Day Range: $24.93
▼
$25.00
52-Week Range: $12.46
▼
$25.90

Volume: 5.53 million shs
Average Volume: 750,422 shs
Market Capitalization: $1.55 billion

P/E Ratio: 17.97
Dividend Yield: 4.00%
Price Target: N/A

Stock Analysis

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About Waddell & Reed Financial Stock (NYSE:WDR)

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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WDR Stock News Headlines

September 5, 2023 | investing.com

Waddell & Reed Advisor Science And Technology Fund Class A (UNSCX)

July 16, 2023 | investopedia.com

Declining Q2 Earnings Expectations May Still Not Point to a Recession

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

July 13, 2023 | investopedia.com

Janet Yellen Calls China Trip "Step Forward" in Improving Relations

April 23, 2023 | investing.com

Waddell & Reed Advisors Dividend Opportunities Fund Class A (WDVAX)

April 21, 2023 | investopedia.com

Commercial Real Estate Loans May Add To Woes For Troubled Regional Banks

March 24, 2023 | health.usnews.com

Dr. Ken W. Waddell

March 23, 2023 | finance.yahoo.com

Waddell & Reed Advisors Funds - Waddell & Reed Advisors Science and Technology Fund (UNSCX)

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

January 13, 2023 | usnews.com

Waddell Language Academy

January 12, 2023 | finance.yahoo.com

Empower Appoints Carol Waddell to Lead Individual Investor Unit

January 5, 2023 | ft.com

Lou Reed: Words & Music, May 1965 album review — an intriguing time capsule

January 5, 2023 | thestreet.com

Waddell & Reed Financial Reaches New 52-Week High (WDR)

September 25, 2022 | bizjournals.com

With Blue KC lease, 1400KC office building is poised to keep $20M property tax incentive

August 20, 2022 | thestreet.com

Award-Winning 'Small' Fund Not Small After All

July 15, 2022 | thestreet.com

Waddell & Reed Financial, Inc. Class A News

July 7, 2022 | thestreet.com

Flash Crash Report Singles Out Trade

June 6, 2022 | bizjournals.com

Copper Financial hires former Waddell & Reed exec as general counsel

October 26, 2021 | finance.yahoo.com

Affiliated Managers Initiated at Neutral

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Company Calendar

Last Earnings: 2/01/2021
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Security Brokers & Dealers
Sub-Industry: Asset Management & Custody Banks
Current Symbol: NYSE:WDR
CUSIP: 93005910
CIK: 1052100
Web: www.waddell.com
Phone: 913-236-2000
Fax: N/A
Employees: 1,116
Year Founded: 1937

Profitability

EPS (Most Recent Fiscal Year): $1.88
Trailing P/E Ratio: 17.97
Forward P/E Ratio: 16.77
P/E Growth: N/A
Net Income: $114.99 million
Net Margins: 9.17%
Pretax Margin: N/A
Return on Equity: 14.57%
Return on Assets: 9.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.75
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $1.07 billion
Price / Sales: 1.45
Cash Flow: $3.27 per share
Price / Cash Flow: 7.64
Book Value: $11.50 per share
Price / Book: 2.17

Miscellaneous

Outstanding Shares: 62,178,000
Free Float: N/A
Market Cap: $1.55 billion
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. Philip James Sanders C.F.A. (Age 62)
CFA, MBA, CEO & Director
Comp: $1.71M
Mr. Brent Kyle Bloss CPA (Age 52)
CPA, Pres
Comp: $1.23M
Mr. Benjamin Russell Clouse (Age 48)
Sr. VP & CFO
Comp: $991.8k
Mr. Daniel Partner Hanson C.F.A.
CFA, Sr. VP & Chief Investment Officer
Mr. Shawn Michael Mihal (Age 46)
Sr. VP of Wealth Management
Comp: $888.36k
Mr. Michael John Daley (Age 38)
VP, Chief Accounting Officer, Investor Relations & Treasurer
Mr. Eric J. Meltzer
Sr. VP & CTO
Mr. Mark Patrick Buyle (Age 53)
Sr. VP, Chief Legal Officer, Gen. Counsel & Sec.
Mr. Roger Hoadley
VP & Director of Communications
Mr. Christopher W. Rackers (Age 50)
Sr. VP and Chief People & Brand Officer

Key Competitors

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WDR Stock Analysis - Frequently Asked Questions

How were Waddell & Reed Financial's earnings last quarter?: Waddell & Reed Financial, Inc. (NYSE:WDR) posted its quarterly earnings results on Monday, February, 1st. The asset manager reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. The asset manager earned $278.10 million during the quarter, compared to analysts' expectations of $267.05 million. Waddell & Reed Financial had a trailing twelve-month return on equity of 14.57% and a net margin of 9.17%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 earnings per share.
Is Waddell & Reed Financial a good dividend stock?: Waddell & Reed Financial (NYSE:WDR) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.00%. WDR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, WDR will have a dividend payout ratio of 78.13% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for WDR.
What is Philip Sanders' approval rating as Waddell & Reed Financial's CEO?: 58 employees have rated Waddell & Reed Financial Chief Executive Officer Philip Sanders on Glassdoor.com. Philip Sanders has an approval rating of 68% among the company's employees.

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).
Does Waddell & Reed Financial have any subsidiaries?: The following companies are subsidiares of Waddell & Reed Financial: Fiduciary Trust Company of New Hampshire, Ivy Distributors Inc., Ivy Investment Management Company, Unicon Agency Inc., W & R Corporate LLC, W & R Insurance Agency Inc., Waddell & Reed Financial Services Inc., Waddell & Reed Inc., and Waddell & Reed Services Company.
Read More

This page (NYSE:WDR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Waddell & Reed Financial (WDR) Stock Price, News & Analysis

About Waddell & Reed Financial Stock (NYSE:WDR)

WDR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

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Key Executives

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WDR Stock Analysis - Frequently Asked Questions

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