Analysts Offer Predictions for LPL Financial FY2025 Earnings

Key Points

• Analysts at Zacks Research have downgraded their FY2025 earnings per share estimate for LPL Financial to $18.74, a decrease from the previous forecast of $18.91.
• LPL Financial's latest quarterly earnings exceeded expectations, reporting $4.51 EPS against a consensus of $4.21 EPS, with revenue up 30.8% year-over-year.
• Research firms have recently adjusted their price targets on LPL Financial, with Barclays lowering its target from $460 to $411, while UBS has set a target at $455.

LPL Financial Holdings Inc. (NASDAQ:LPLA - Free Report) - Equities research analysts at Zacks Research dropped their FY2025 EPS estimates for shares of LPL Financial in a report issued on Thursday, October 9th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $18.74 for the year, down from their prior forecast of $18.91. The consensus estimate for LPL Financial's current full-year earnings is $19.35 per share. Zacks Research also issued estimates for LPL Financial's Q1 2026 earnings at $5.11 EPS, Q1 2027 earnings at $6.27 EPS, Q3 2027 earnings at $7.62 EPS and FY2027 earnings at $28.80 EPS.

LPL Financial (NASDAQ:LPLA - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The financial services provider reported $4.51 EPS for the quarter, topping analysts' consensus estimates of $4.21 by $0.30. LPL Financial had a return on equity of 39.80% and a net margin of 7.91%.The business had revenue of $3.84 billion during the quarter, compared to analysts' expectations of $3.77 billion. During the same quarter last year, the company posted $3.88 earnings per share. LPL Financial's quarterly revenue was up 30.8% on a year-over-year basis.

Several other research analysts also recently commented on the company. Weiss Ratings reiterated a "hold (c+)" rating on shares of LPL Financial in a research note on Wednesday, October 8th. Rothschild Redb cut shares of LPL Financial from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 19th. UBS Group set a $455.00 price objective on shares of LPL Financial in a research report on Thursday. Barclays reduced their target price on shares of LPL Financial from $460.00 to $411.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Morgan Stanley reduced their target price on shares of LPL Financial from $490.00 to $462.00 and set an "overweight" rating for the company in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $395.85.

LPL Financial Trading Down 3.7%

LPL Financial stock opened at $315.24 on Monday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.22 and a current ratio of 3.22. LPL Financial has a 52 week low of $242.94 and a 52 week high of $403.58. The stock has a 50-day simple moving average of $347.31 and a 200 day simple moving average of $353.40. The stock has a market capitalization of $25.22 billion, a P/E ratio of 21.56, a PEG ratio of 0.74 and a beta of 0.61.

LPL Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.20 dividend on an annualized basis and a yield of 0.4%. LPL Financial's payout ratio is currently 8.21%.

Insider Transactions at LPL Financial

In related news, Director Greg Gates sold 750 shares of the business's stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $314.42, for a total value of $235,815.00. Following the completion of the sale, the director directly owned 16,870 shares in the company, valued at approximately $5,304,265.40. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Aneri Jambusaria sold 80 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $361.25, for a total value of $28,900.00. Following the completion of the sale, the director owned 5,582 shares of the company's stock, valued at approximately $2,016,497.50. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,830 shares of company stock valued at $1,333,105 in the last three months. Insiders own 0.70% of the company's stock.

Institutional Trading of LPL Financial

A number of institutional investors have recently modified their holdings of the stock. Foster Victor Wealth Advisors LLC lifted its position in LPL Financial by 11.1% during the third quarter. Foster Victor Wealth Advisors LLC now owns 61,831 shares of the financial services provider's stock worth $19,460,000 after purchasing an additional 6,184 shares during the period. CGN Advisors LLC lifted its holdings in shares of LPL Financial by 1.7% during the 3rd quarter. CGN Advisors LLC now owns 6,958 shares of the financial services provider's stock worth $2,315,000 after acquiring an additional 114 shares during the period. Baker Tilly Wealth Management LLC lifted its holdings in shares of LPL Financial by 25.3% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 915 shares of the financial services provider's stock worth $304,000 after acquiring an additional 185 shares during the period. Lifestyle Asset Management Inc. lifted its holdings in shares of LPL Financial by 6.9% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 1,157 shares of the financial services provider's stock worth $385,000 after acquiring an additional 75 shares during the period. Finally, Shelton Wealth Management LLC lifted its holdings in shares of LPL Financial by 9.6% during the 3rd quarter. Shelton Wealth Management LLC now owns 3,428 shares of the financial services provider's stock worth $1,140,000 after acquiring an additional 299 shares during the period. 95.66% of the stock is currently owned by institutional investors.

LPL Financial Company Profile

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.

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