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. More Details
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Waddell & Reed Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WDR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: WDR's weekly volatility has increased from 10% to 15% over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: WDR exceeded the US Capital Markets industry which returned 16.2% over the past year.
Return vs Market: WDR exceeded the US Market which returned 22.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Waddell & Reed Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
15 hours ago | Simply Wall StIs Waddell & Reed Financial, Inc. (NYSE:WDR) A Smart Choice For Dividend Investors?
1 month ago | Simply Wall StWaddell & Reed Financial's (NYSE:WDR) Stock Price Has Reduced 55% In The Past Five Years
2 months ago | Simply Wall StWaddell & Reed Financial, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Is Waddell & Reed Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WDR ($25.07) is trading below our estimate of fair value ($34.77)
Significantly Below Fair Value: WDR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WDR is good value based on its PE Ratio (18x) compared to the US Capital Markets industry average (27.5x).
PE vs Market: WDR is good value based on its PE Ratio (18x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: WDR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WDR is good value based on its PB Ratio (2.1x) compared to the US Capital Markets industry average (5.1x).
How is Waddell & Reed Financial forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WDR's earnings are forecast to decline over the next 3 years (-6.7% per year).
Earnings vs Market: WDR's earnings are forecast to decline over the next 3 years (-6.7% per year).
High Growth Earnings: WDR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WDR's revenue (1.2% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: WDR's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WDR's Return on Equity is forecast to be low in 3 years time (10.3%).
How has Waddell & Reed Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WDR has high quality earnings.
Growing Profit Margin: WDR's current net profit margins (9%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: WDR's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: WDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WDR had negative earnings growth (-35.8%) over the past year, making it difficult to compare to the Capital Markets industry average (4.9%).
Return on Equity
High ROE: WDR's Return on Equity (12.8%) is considered low.
How is Waddell & Reed Financial's financial position?
Financial Position Analysis
Short Term Liabilities: WDR's short term assets ($913.3M) exceed its short term liabilities ($350.2M).
Long Term Liabilities: WDR's short term assets ($913.3M) exceed its long term liabilities ($27.8M).
Debt to Equity History and Analysis
Debt Level: WDR's debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: WDR's debt to equity ratio has reduced from 22.7% to 12.7% over the past 5 years.
Debt Coverage: WDR's debt is well covered by operating cash flow (182.9%).
Interest Coverage: WDR earns more interest than it pays, so coverage of interest payments is not a concern.
What is Waddell & Reed Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WDR's dividend (3.99%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: WDR's dividend (3.99%) is in the top 25% of dividend payers in the US market (3.86%)
Stability and Growth of Payments
Stable Dividend: WDR's dividends per share have been stable in the past 10 years.
Growing Dividend: WDR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.6%), WDR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WDR's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phil Sanders (61 yo)
Mr. Philip James Sanders, also known as Phil, CFA, MBA serves as the Chief Executive Officer at Waddell & Reed, Inc. He also serves as the Director, Chief Executive Officer and President at Ivy Investment ...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
|CEO & Director||4.42yrs||US$1.93m||1.21% |
|Senior VP & CFO||2.92yrs||US$1.01m||0.18% |
|Senior VP & Chief Investment Officer||1.58yrs||US$3.49m||0.62% |
|Senior Vice President of Wealth Management||no data||US$915.07k||0.14% |
|VP, Chief Accounting Officer||no data||no data||0.013% |
|Senior VP & CTO||0.42yr||no data||no data|
|Senior VP||2.75yrs||US$1.35m||0.14% |
|VP & Director of Communications||no data||no data||no data|
|Senior VP and Chief People & Brand Officer||0.50yr||no data||0.098% |
|Senior VP & Chief Administrative Officer of Investments||21.5yrs||US$2.39m||no data|
|Chief Risk Officer||4.5yrs||no data||no data|
Experienced Management: WDR's management team is considered experienced (2.8 years average tenure).
|CEO & Director||4.42yrs||US$1.93m||1.21% |
|Portfolio Mngr & Director of Equity Research - Waddell & Reed Investment Mgmt Co.||15.58yrs||no data||no data|
|Independent Director||20.75yrs||US$239.01k||0.12% |
|Independent Non-Executive Chairman||2.75yrs||US$390.01k||0.093% |
|Independent Director||19yrs||US$221.01k||0.12% |
|Independent Director||10.5yrs||US$238.51k||0.083% |
|Independent Director||10.5yrs||US$224.01k||0.083% |
|Independent Director||1.83yrs||US$177.71k||0.021% |
|Independent Director||0.92yr||no data||0.011% |
|Independent Director||1.5yrs||US$107.38k||0.018% |
Experienced Board: WDR's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Waddell & Reed Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Waddell & Reed Financial, Inc.
- Ticker: WDR
- Exchange: NYSE
- Founded: 1937
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$1.568b
- Shares outstanding: 62.51m
- Website: https://www.waddell.com
Number of Employees
- Waddell & Reed Financial, Inc.
- 6300 Lamar Avenue
- Overland Park
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WDR||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Mar 1998|
|WDDA||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Mar 1998|
Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management and advisory, investment product underwriting and distribution, and shareholder services administration to mutual fu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 23:23|
|End of Day Share Price||2021/01/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.