Analysts Set Expectations for LPL Financial Q2 Earnings

Key Points

• William Blair forecasts LPL Financial will report earnings of $6.82 per share for Q2 2027, with a full-year estimate of $19.35 EPS.
• The company reported Q2 earnings of $4.51 per share, beating the consensus estimate by $0.30 and a 30.8% increase in revenue to $3.84 billion.
• LPL Financial is currently rated as a "Moderate Buy" based on analyst evaluations, with a consensus target price of $381.08.

LPL Financial Holdings Inc. (NASDAQ:LPLA - Free Report) - William Blair issued their Q2 2027 earnings estimates for shares of LPL Financial in a research note issued on Friday, August 1st. William Blair analyst J. Schmitt anticipates that the financial services provider will post earnings of $6.82 per share for the quarter. The consensus estimate for LPL Financial's current full-year earnings is $19.35 per share. William Blair also issued estimates for LPL Financial's FY2027 earnings at $28.40 EPS.

LPL Financial (NASDAQ:LPLA - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The financial services provider reported $4.51 EPS for the quarter, beating the consensus estimate of $4.21 by $0.30. The firm had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.77 billion. LPL Financial had a return on equity of 39.80% and a net margin of 7.91%. The company's revenue was up 30.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.88 EPS.

Several other analysts also recently weighed in on the stock. TD Cowen downgraded shares of LPL Financial from a "strong-buy" rating to a "hold" rating and lowered their price target for the stock from $406.00 to $403.00 in a research note on Wednesday, July 9th. JMP Securities boosted their target price on LPL Financial from $420.00 to $440.00 and gave the company a "market outperform" rating in a research note on Friday, May 9th. Wall Street Zen lowered LPL Financial from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Redburn Atlantic raised LPL Financial from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $420.00 to $460.00 in a research note on Monday, June 9th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $490.00 price objective (up previously from $450.00) on shares of LPL Financial in a research report on Tuesday, July 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $383.58.

LPL Financial Trading Down 3.1%

Shares of LPL Financial stock traded down $11.88 during trading on Monday, reaching $366.87. The company's stock had a trading volume of 314,843 shares, compared to its average volume of 819,856. The company has a quick ratio of 2.31, a current ratio of 3.22 and a debt-to-equity ratio of 1.41. LPL Financial has a 52-week low of $193.22 and a 52-week high of $403.58. The firm's 50-day moving average is $378.35 and its two-hundred day moving average is $355.56. The company has a market cap of $29.35 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 0.88 and a beta of 0.66.

LPL Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.30 dividend. The ex-dividend date is Friday, August 15th. This represents a $1.20 annualized dividend and a yield of 0.3%. LPL Financial's dividend payout ratio (DPR) is 8.21%.

Insider Buying and Selling

In other LPL Financial news, Director Greg Gates sold 1,500 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $382.63, for a total transaction of $573,945.00. Following the transaction, the director owned 20,620 shares in the company, valued at approximately $7,889,830.60. This represents a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On LPL Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Securities Group LLC bought a new stake in shares of LPL Financial during the 1st quarter valued at $26,000. Millstone Evans Group LLC lifted its position in LPL Financial by 123.1% during the 1st quarter. Millstone Evans Group LLC now owns 87 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 48 shares during the period. Private Trust Co. NA boosted its stake in LPL Financial by 234.5% during the first quarter. Private Trust Co. NA now owns 97 shares of the financial services provider's stock worth $32,000 after acquiring an additional 68 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in LPL Financial by 63.9% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 100 shares of the financial services provider's stock worth $33,000 after purchasing an additional 39 shares during the period. Finally, City Holding Co. bought a new position in shares of LPL Financial during the first quarter valued at approximately $34,000. 95.66% of the stock is owned by hedge funds and other 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.