LPL Financial (LPLA) to Release Quarterly Earnings on Thursday

LPL Financial (NASDAQ:LPLA - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $4.63 per share and revenue of $3.63 billion for the quarter.

LPL Financial (NASDAQ:LPLA - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The financial services provider reported $4.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.01 by $0.24. LPL Financial had a return on equity of 49.41% and a net margin of 8.55%. On average, analysts expect LPL Financial to post $19 EPS for the current fiscal year and $23 EPS for the next fiscal year.

LPL Financial Trading Down 0.4 %

NASDAQ LPLA traded down $1.30 during trading on Friday, hitting $314.54. The stock had a trading volume of 428,773 shares, compared to its average volume of 829,593. The company has a market capitalization of $24.96 billion, a PE ratio of 22.40, a PEG ratio of 0.94 and a beta of 0.64. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.60. The firm has a 50 day moving average price of $327.56 and a 200 day moving average price of $324.58. LPL Financial has a twelve month low of $187.19 and a twelve month high of $384.04.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend was Tuesday, March 11th. LPL Financial's dividend payout ratio is currently 8.55%.

Insider Buying and Selling

In related news, CFO Matthew J. Audette sold 4,588 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $360.07, for a total transaction of $1,652,001.16. Following the completion of the sale, the chief financial officer now owns 16,538 shares in the company, valued at $5,954,837.66. The trade was a 21.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Marc Eliot Cohen sold 1,100 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $365.85, for a total value of $402,435.00. Following the sale, the director now owns 4,075 shares of the company's stock, valued at approximately $1,490,838.75. The trade was a 21.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,465 shares of company stock worth $12,562,070 over the last 90 days. 1.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on LPL Financial from $397.00 to $405.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Keefe, Bruyette & Woods lifted their target price on LPL Financial from $390.00 to $405.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. StockNews.com downgraded LPL Financial from a "hold" rating to a "sell" rating in a research report on Wednesday, March 26th. JMP Securities lowered their price objective on LPL Financial from $435.00 to $420.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Finally, UBS Group boosted their price objective on LPL Financial from $390.00 to $420.00 and gave the stock a "buy" rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $369.83.

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.