NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis → Make This $3 Trade the Instant the Opening Bell Rings (From Monument Traders Alliance) (Ad) Free LPLA Stock Alerts $264.02 +1.43 (+0.54%) (As of 11:30 AM ET) Add Compare Share Share Today's Range$261.63▼$264.5150-Day Range$236.64▼$273.7752-Week Range$179.00▼$274.35Volume50,392 shsAverage Volume550,064 shsMarket Capitalization$19.66 billionP/E Ratio19.34Dividend Yield0.45%Price Target$259.73 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 RatingHold2.30 Rating ScoreUpside/Downside1.5% Downside$259.73 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.58Based on 14 Articles This WeekInsider TradingSelling Shares$15.91 M Sold Last QuarterProj. Earnings Growth19.03%From $15.87 to $18.89 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.4.83 out of 5 starsFinance Sector61st out of 858 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry3rd out of 9 stocks 2.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $259.73, LPL Financial has a forecasted downside of 1.5% from its current price of $263.68.Amount of Analyst CoverageLPL Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.41% 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 1.9, 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 2.80%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.46%, 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 8.79%. 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 6.35% next year. This indicates that LPL Financial will be able to sustain or increase its 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 2.0 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for LPL Financial this week, compared to 10 articles on an average week.Search InterestOnly 4 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 53 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% 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 1.30% 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. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 19.03% in the coming year, from $15.87 to $18.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 19.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.85.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 19.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.09.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.77. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 9.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. 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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 HeadlinesMarch 28, 2024 | globenewswire.comLPL Financial Welcomes Windward Wealth AdvisorsMarch 26, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: LPL Financial (LPLA) and Virtu Financial (VIRT)March 28, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 25, 2024 | globenewswire.comGrafton Wealth Advisors launches with support from LPL Strategic Wealth ServicesMarch 23, 2024 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Given New $269.00 Price Target at TD CowenMarch 22, 2024 | markets.businessinsider.comTD Cowen Keeps Their Hold Rating on LPL Financial (LPLA)March 22, 2024 | markets.businessinsider.comExpert Ratings For LPL Finl HldgsMarch 22, 2024 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Given Consensus Recommendation of "Hold" by BrokeragesMarch 28, 2024 | Crypto Swap Profits (Ad)Grab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 21, 2024 | globenewswire.comLPL Financial Reports Monthly Activity for February 2024March 21, 2024 | globenewswire.comLPL Financial Welcomes Advisor Nolan VenableMarch 20, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Bank of America (BAC) and LPL Financial (LPLA)March 20, 2024 | globenewswire.comLPL Financial Welcomes McAnally Investment GroupMarch 20, 2024 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Sees Large Increase in Short InterestMarch 18, 2024 | globenewswire.comChrista Carone to Join LPL Financial as Chief Marketing and Communication OfficerMarch 16, 2024 | finance.yahoo.comLPLA Dec 2024 160.000 putMarch 16, 2024 | finance.yahoo.comLPLA Jun 2024 210.000 putMarch 14, 2024 | msn.comWall Street ends mostly lower as chipmakers ease; inflation data aheadMarch 14, 2024 | bizjournals.comWealthWise Financial acquires Houston-based wealth practiceMarch 14, 2024 | globenewswire.comLPL Financial Welcomes Five Independent Teams With $700 Million of AUMMarch 12, 2024 | globenewswire.comLPL Financial Welcomes Advisor Brian PflaumMarch 6, 2024 | globenewswire.comLPL Financial Welcomes Aero CapitalMarch 5, 2024 | finance.yahoo.comLPL Financial Holdings (LPLA) Declined 4.1% in Q4March 4, 2024 | globenewswire.comLPL Financial Welcomes RFS Financial ServicesMarch 1, 2024 | finance.yahoo.comWeek’s Best: Bernie Sanders Rings Retirement AlarmFebruary 29, 2024 | globenewswire.comLPL Financial Welcomes Endeavor Wealth StrategiesFebruary 27, 2024 | globenewswire.comContinuity Private Wealth launches with support from LPL Strategic Wealth ServicesSee 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 Payable3/26/2024Today3/28/2024Next Earnings (Estimated)4/25/2024Fiscal 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$259.73 High Stock Price Target$302.00 Low Stock Price Target$192.00 Potential Upside/Downside-1.1%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$13.65 Trailing P/E Ratio19.24 Forward P/E Ratio16.55 P/E Growth0.78Net Income$1.07 billion Net Margins10.61% Pretax Margin14.37% Return on Equity57.68% Return on Assets12.73% Debt Debt-to-Equity Ratio1.80 Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$10.05 billion Price / Sales1.94 Cash Flow$20.99 per share Price / Cash Flow12.51 Book Value$27.49 per share Price / Book9.55Miscellaneous Outstanding Shares74,450,000Free Float73,485,000Market Cap$19.55 billion OptionableOptionable Beta0.85 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $4.84MMr. Matthew Jon Audette B.S. (Age 49)Principal Accounting Officer, CFO & Head of Business Operations Comp: $2.13MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $1.87MMr. Kabir Sethi (Age 53)MD & Chief Product Officer Comp: $1.07MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Greg Gates (Age 46)MD and Chief Technology & Information Officer Mr. Chris KoegelSenior Vice President of Investor RelationsMs. Michelle B. Oroschakoff (Age 62)Chief Legal Officer, MD of Compliance and Legal & Risk Comp: $1.05MMs. Sallie R. Larsen B.A. (Age 70)M.A., MD & Chief Human Capital Officer Comp: $850.7kMore ExecutivesKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQStoneX GroupNASDAQ:SNEXBGC PartnersNASDAQ:BGCPView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 2,225 shares on 3/26/2024Ownership: 0.003%PNC Financial Services Group Inc.Sold 301 shares on 3/22/2024Ownership: 0.003%Family Wealth Partners LLCBought 70,514 shares on 3/20/2024Ownership: 0.095%B. Riley Wealth Advisors Inc.Sold 1,277 shares on 3/15/2024Ownership: 0.001%Vanguard Group Inc.Bought 48,439 shares on 3/11/2024Ownership: 9.592%View All Insider TransactionsView All Institutional Transactions Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of LPL Financial was last updated on Tuesday, March 26, 2024 at 11:03 PM. Pros Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.: LPL Financial Holdings Inc. has shown consistent growth in its institutional investor ownership, indicating confidence from large financial entities. Recent insider activity, such as directors and CEOs selling shares, could be seen as a positive sign of the company's financial health and future prospects. The stock price of LPL Financial Holdings Inc. has been stable and has shown resilience during market fluctuations, providing a sense of security to investors. Positive news coverage and analyst reports have highlighted LPL Financial Holdings Inc.'s strong performance and potential for growth, attracting investor interest. LPL Financial Holdings Inc. has a diverse range of institutional investors, showcasing a broad base of support and interest in the company's future. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: The recent reduction in holdings by Vanguard Group Inc., a significant institutional investor, may raise concerns about the company's future performance. While insider selling can sometimes be positive, excessive selling by key figures like CEOs and directors may signal potential issues within the company. Market volatility and economic uncertainties could impact the financial services sector, affecting LPL Financial Holdings Inc.'s stock price and stability. Increased competition in the financial services industry could pose challenges for LPL Financial Holdings Inc. in maintaining its market position and profitability. Fluctuations in interest rates and regulatory changes could impact LPL Financial Holdings Inc.'s business operations and financial results, leading to uncertainties for investors. LPLA Stock Analysis - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 7 hold ratings and 3 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? 10 brokers have issued twelve-month target prices for LPL Financial's shares. Their LPLA share price targets range from $192.00 to $302.00. On average, they predict the company's stock price to reach $259.73 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. 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 beginning of the year. Since then, LPLA stock has increased by 15.8% and is now trading at $263.68. 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, April 25th 2024. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its earnings results on Thursday, February, 1st. The financial services provider reported $3.51 EPS for the quarter, beating analysts' consensus estimates of $3.33 by $0.18. The financial services provider had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.55 billion. LPL Financial had a trailing twelve-month return on equity of 57.68% and a net margin of 10.61%. The firm's revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $4.21 EPS. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Tuesday, January 30th. Investors of record on Tuesday, March 12th will be given a dividend of $0.30 per share on Tuesday, March 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend is Monday, March 11th. 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 0.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.35% 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 iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), AdvisorShares Gerber Kawasaki ETF (GK), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND), Proshares Equities For Rising Rates ETF (EQRR), Nuveen ESG Mid-Cap Growth ETF (NUMG), SPDR S&P Capital Markets ETF (KCE) and Global X Guru Index ETF (GURU). 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 shareholders include Vanguard Group Inc. (9.44%), Vanguard Group Inc. (9.59%), Price T Rowe Associates Inc. MD (3.25%), Capital Research Global Investors (2.92%), WCM Investment Management LLC (2.24%) and Boston Partners (1.36%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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