NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free LPLA Stock Alerts $267.43 -1.21 (-0.45%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$266.60▼$270.9450-Day Range$256.41▼$273.9152-Week Range$187.87▼$276.12Volume317,314 shsAverage Volume536,491 shsMarket Capitalization$19.98 billionP/E Ratio20.20Dividend Yield0.45%Price Target$276.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get LPL Financial alerts: Email Address LPL Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.3% Upside$276.20 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment1.00Based on 12 Articles This WeekInsider TradingSelling Shares$15.91 M Sold Last QuarterProj. Earnings Growth23.77%From $15.82 to $19.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.75 out of 5 starsFinance Sector83rd out of 880 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry4th out of 10 stocks 2.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageLPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about LPL Financial's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.15% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently decreased by 20.18%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of LPL Financial is 9.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 6.13% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.Read more about LPL Financial's dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.3 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for LPL Financial this week, compared to 10 articles on an average week.Search Interest6 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 39 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,911,088.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions95.66% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about LPL Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 23.77% in the coming year, from $15.82 to $19.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 20.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.47.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 20.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.26.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 1.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 9.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about LPL Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyBill Clinton Backing Biden Replacement???Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by August…Click here now for my urgent election forecast. About LPL Financial Stock (NASDAQ:LPLA)LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market products; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.Read More LPLA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPLA Stock News HeadlinesMay 13 at 8:55 AM | globenewswire.comLPL Financial Welcomes Noble Traditions WealthMay 11 at 2:00 AM | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Given Average Rating of "Hold" by AnalystsMay 9, 2024 | globenewswire.comLPL Financial Welcomes Advisor Chris KitaeffMay 8, 2024 | globenewswire.comLPL Financial Closes Acquisition of Crown Capital SecuritiesMay 7, 2024 | globenewswire.comThimble Island Private Wealth Launches With Support From LPL Strategic Wealth ServicesMay 6, 2024 | globenewswire.comBurlwood Wealth Launches With Support From LPL Strategic Wealth ServicesMay 4, 2024 | americanbankingnews.comWilliam Blair Comments on LPL Financial Holdings Inc.'s Q3 2024 Earnings (NASDAQ:LPLA)May 3, 2024 | finance.yahoo.comWeek’s Best: You Got Your Tax Refund. Now What?May 3, 2024 | finance.yahoo.comLPL Financial Holdings Inc. Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting NextMay 3, 2024 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) PT Raised to $271.00May 3, 2024 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Rating Reiterated by JMP SecuritiesMay 3, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for LPL Financial Holdings Inc. (NASDAQ:LPLA) Lowered by AnalystMay 2, 2024 | globenewswire.comLPL Financial Welcomes Guardian Partners Wealth ManagementMay 2, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: SoFi Technologies (SOFI), GooseHead Insurance (GSHD) and LPL Financial (LPLA)May 1, 2024 | markets.businessinsider.comDeep Dive Into LPL Finl Hldgs Stock: Analyst Perspectives (12 Ratings)May 1, 2024 | finance.yahoo.comLPL Effort to Buy Advisor Practices Gains Momentum, Executives SayMay 1, 2024 | finance.yahoo.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Q1 2024 Earnings Call TranscriptMay 1, 2024 | seekingalpha.comLPL Financial Holdings declares $0.30 dividendMay 1, 2024 | globenewswire.comLPL Financial Welcomes Journey FinancialMay 1, 2024 | markets.businessinsider.comLPLA Stock Earnings: LPL Finl Hldgs Beats EPS, Beats Revenue for Q1 2024April 30, 2024 | markets.businessinsider.comLPL Financial Announces First Quarter 2024 ResultsApril 30, 2024 | msn.comLPL Financial Holdings Non-GAAP EPS of $4.21 beats by $0.39, revenue of $2.83B beats by $110MApril 30, 2024 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Q1 2024 Earnings: Aligns with EPS Projections, Surpasses ...April 30, 2024 | seekingalpha.comLPL Financial Holdings Inc. 2024 Q1 - Results - Earnings Call PresentationApril 29, 2024 | globenewswire.comLPL Financial Welcomes Strategic Wealth PartnersSee More Headlines Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Ex-Dividend for 3/26 Dividend3/11/2024Dividend Payable3/26/2024Today5/13/2024Ex-Dividend for 6/4 Dividend5/20/2024Dividend Payable6/04/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees8,400Year Founded1989Price Target and Rating Average Stock Price Target$276.20 High Stock Price Target$315.00 Low Stock Price Target$233.00 Potential Upside/Downside+3.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$13.24 Trailing P/E Ratio20.20 Forward P/E Ratio16.90 P/E Growth1.07Net Income$1.07 billion Net Margins9.71% Pretax Margin13.13% Return on Equity55.22% Return on Assets11.74% Debt Debt-to-Equity Ratio1.70 Current Ratio1.84 Quick Ratio1.84 Sales & Book Value Annual Sales$10.05 billion Price / Sales1.99 Cash Flow$20.89 per share Price / Cash Flow12.80 Book Value$27.49 per share Price / Book9.73Miscellaneous Outstanding Shares74,710,000Free Float73,962,000Market Cap$19.98 billion OptionableOptionable Beta0.83 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $5.04MMr. Matthew Jon Audette B.S. (Age 49)CFO & Head of Business Operations Comp: $2.08MMr. Greg Gates (Age 47)MD and Chief Technology & Information Officer Comp: $1.96MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $2.35MMr. Matthew K. Enyedi (Age 50)Managing Director of Client Success Comp: $1.35MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Chris KoegelSenior Vice President of Investor RelationsMs. Althea Brown (Age 47)MD & Chief Legal Officer Ms. Sara Dadyar (Age 50)MD & Chief Human Capital Officer More ExecutivesKey CompetitorsT. Rowe Price GroupNASDAQ:TROWTradeweb MarketsNASDAQ:TWNasdaqNASDAQ:NDAQStoneX GroupNASDAQ:SNEXYintech InvestmentNASDAQ:YINView All CompetitorsInsiders & InstitutionsO Shaughnessy Asset Management LLCSold 573 shares on 5/13/2024Ownership: 0.021%Seven Eight Capital LPSold 6,942 shares on 5/13/2024Ownership: 0.005%UniSuper Management Pty LtdBought 500 shares on 5/13/2024Ownership: 0.001%Cynosure Group LLCBought 1,164 shares on 5/11/2024Ownership: 0.002%Covestor LtdSold 155 shares on 5/11/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions LPLA Stock Analysis - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LPLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPLA, but not buy additional shares or sell existing shares. View LPLA analyst ratings or view top-rated stocks. What is LPL Financial's stock price target for 2024? 9 brokerages have issued twelve-month price targets for LPL Financial's stock. Their LPLA share price targets range from $233.00 to $315.00. On average, they predict the company's share price to reach $276.20 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts. How have LPLA shares performed in 2024? LPL Financial's stock was trading at $227.62 at the start of the year. Since then, LPLA stock has increased by 17.5% and is now trading at $267.43. View the best growth stocks for 2024 here. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $3.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.33 by $0.18. The financial services provider had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.55 billion. LPL Financial had a net margin of 9.71% and a trailing twelve-month return on equity of 55.22%. LPL Financial's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.21 earnings per share. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Friday, April 26th. Investors of record on Tuesday, May 21st will be given a dividend of $0.30 per share on Tuesday, June 4th. This represents a $1.20 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Monday, May 20th. Read our dividend analysis for LPLA. Is LPL Financial a good dividend stock? LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.45%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LPLA. What ETFs hold LPL Financial's stock? ETFs with the largest weight of LPL Financial (NASDAQ:LPLA) stock in their portfolio include AdvisorShares Gerber Kawasaki ETF (GK), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND), Nuveen ESG Mid-Cap Growth ETF (NUMG), Proshares Equities For Rising Rates ETF (EQRR), SPDR S&P Capital Markets ETF (KCE) and Argent Mid Cap ETF (AMID). What is Dan Arnold's approval rating as LPL Financial's CEO? 171 employees have rated LPL Financial Chief Executive Officer Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among the company's employees. What other stocks do shareholders of LPL Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP) and Martin Midstream Partners (MMLP). Who are LPL Financial's major shareholders? LPL Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.43%), WCM Investment Management LLC (2.27%), TD Asset Management Inc (1.48%), Bank of New York Mellon Corp (1.30%), First Pacific Advisors LP (0.62%) and Markel Group Inc. (0.61%). Insiders that own company stock include Aneri Jambusaria, Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Kabir Sethi, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Scott Seese and William Francis Glavin Jr. View institutional ownership trends. How do I buy shares of LPL Financial? Shares of LPLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does LPL Financial have any subsidiaries? The following companies are subsidiares of LPL Financial: AW Subsidiary Inc., AdvisoryWorld, AdvisoryWorld, Allen & Company of Florida LLC, Blaze Portfolio Systems LLC, BlazePortfolio, Fortigent Holdings Company Inc., Fortigent LLC, Fortigent LLC, LPL Employee Services LLC, LPL Financial LLC, LPL Holdings Inc., LPL Insurance Associates Inc., Lucia Securities, National Planning Holdings, PTC Holdings Inc., and The Private Trust Company N.A..Read More This page (NASDAQ:LPLA) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaForget Bitcoin. 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