Last $48.96 USD
Change Today +1.49 / 3.14%
Volume 2.4M
WDR On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

waddell & reed financial-a (WDR) Snapshot

Open
$47.55
Previous Close
$47.47
Day High
$49.24
Day Low
$47.50
52 Week High
04/2/14 - $76.46
52 Week Low
10/15/14 - $42.39
Market Cap
4.1B
Average Volume 10 Days
891.1K
EPS TTM
$3.71
Shares Outstanding
83.6M
EX-Date
01/8/15
P/E TM
13.2x
Dividend
$1.72
Dividend Yield
2.78%
Current Stock Chart for WADDELL & REED FINANCIAL-A (WDR)

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waddell & reed financial-a (WDR) Details

Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, 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; underwrites and distributes registered open-end mutual fund portfolios; and offers fee-based asset allocation investment advisory products to advisors channel customers. It also 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, registered investment advisors, and various retirement platforms, 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.

1,525 Employees
Last Reported Date: 02/28/14
Founded in 1937

waddell & reed financial-a (WDR) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $1.0M
Chief Marketing Officer, Executive Vice Presi...
Total Annual Compensation: $600.0K
Chief Investment Officer and Senior Vice Pres...
Total Annual Compensation: $525.0K
Compensation as of Fiscal Year 2013.

waddell & reed financial-a (WDR) Key Developments

Waddell & Reed Financial, Inc. Increases Quarterly Dividend, Payable on February 2, 2015

The Board of Directors of Waddell & Reed Financial, Inc. approved an increase in the quarterly dividend on its class A common stock to $0.43 per share payable on February 2, 2015 to stockholders of record as of January 12, 2015. This new quarterly dividend rate represents an increase of 26.5% over the $0.34 per share quarterly dividend paid in 2014.

Waddell & Reed Financial, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Intangible Asset Impairment Charge for the Third Quarter of 2014

Waddell & Reed Financial, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total operating revenue of USD 409.558 million compared to USD 347.089 million a year ago. Operating income was USD 125.124 million compared to USD 103.270 million a year ago. Income before taxes were USD 121.150 million compared to USD 105.650 million a year ago. Net income was USD 74.586 million compared to USD 68.419 million a year ago. Basic and diluted net income per share were USD 0.89 compared to USD 0.80 a year ago. Net income, as adjusted was USD 79.566 million or USD 0.94. Operating income, as adjusted was USD 133.024. Operating margin as adjusted was USD 32.5%. For the year to date, the company reported total operating revenue of USD 1,200.608 million compared to USD 995.350 million a year ago. Operating income was USD 365.342 million compared to USD 271.215 million a year ago. Income before taxes were USD 365.858 million compared to USD 273.262 million a year ago. Net income was USD 232.438 million compared to USD 174.239 million a year ago. Basic and diluted net income per share was USD 2.74 compared to USD 2.03 a year ago. For the quarter, the company recognized an intangible asset impairment charge of USD 7.9 million.

Waddell & Reed Financial, Inc. Approves Amendment to Bylaws

On October 16, 2014, the Board of Directors of Waddell & Reed Financial, Inc. approved an amendment to the company's bylaws, effective immediately, which added a new Article VIII to the company's bylaws providing that unless the company consents in writing to the selection of an alternative forum, the sole and exclusive forum for adjudication of certain derivative and other actions against the company, its directors, officers or employees shall be a state or federal court within the State of Delaware.

 

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WDR

Industry Average

Valuation WDR Industry Range
Price/Earnings 13.4x
Price/Sales 2.6x
Price/Book 5.2x
Price/Cash Flow 12.6x
TEV/Sales 2.0x
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