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

Company Overview

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.

Key Stats

• Today's Range: $24.98 to $25.00
• 50-Day Range: $24.93 to $25.00
• 52-Week Range: $12.46 to $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
• Consensus Rating: N/A

WDR Stock Analysis - Frequently Asked Questions

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

Waddell & Reed Financial, Inc. (NYSE:WDR) announced its quarterly earnings data on Monday, February, 1st. The asset manager reported $0.41 EPS for the quarter, missing the consensus estimate of $0.46 by $0.05. The firm's revenue for the quarter was up 3.0% on a year-over-year basis.

Does Waddell & Reed Financial have any subsidiaries?

Waddell & Reed Financial subsidiaries include these companies: Fiduciary Trust Company of New Hampshire, Ivy Distributors Inc., Ivy Investment Management Company, Unicon Agency Inc., Waddell & Reed Financial Services Inc., Waddell & Reed Inc., Waddell & Reed Services Company, W & R Corporate LLC, and W & R Insurance Agency Inc..

What other stocks do shareholders of Waddell & Reed Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Waddell & Reed Financial investors own include Plug Power (PLUG), Alamos Gold (AGI), Workhorse Group (WKHS), FuelCell Energy (FCEL), Comtech Telecommunications (CMTL), Fortress Biotech (FBIO) and KALA BIO (KALA).

Company Calendar

• Last Earnings: 2/01/2021
• Today: 11/02/2024

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