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LPL Financial Stock Price, News & Analysis (NASDAQ:LPLA)

$218.21
-3.84 (-1.73%)
(As of 02:51 PM ET)
Compare
Today's Range
$216.99
▼
$224.79
50-Day Range
$216.21
▼
$239.77
52-Week Range
$179.00
▼
$257.64
Volume
373,118 shs
Average Volume
746,825 shs
Market Capitalization
$16.50 billion
P/E Ratio
14.79
Dividend Yield
0.55%
Price Target
$251.73
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

LPL Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.5% Upside
$251.73 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.54mentions of LPL Financial in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$3.02 M Sold Last Quarter
Proj. Earnings Growth
3.82%
From $15.44 to $16.03 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Finance Sector

53rd out of 732 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

3rd out of 9 stocks

See Top Rated MarketRank™ Stocks Here

LPLA stock logo

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, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory 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 to trusts 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.

LPLA Stock Price History

LPLA Stock News Headlines

December 6, 2023 | finance.yahoo.com
LPL Financial Charitable Foundation Named Community Impact Award Winner at Thinkadvisor’s Luminaries
December 5, 2023 | finance.yahoo.com
LPL Financial Names Sara Dadyar Chief Human Capital Officer
December 6, 2023 | Edge On The Street (Ad)
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
December 4, 2023 | finance.yahoo.com
LPL Financial Welcomes Financial Advisor Demetrios Paraskevopoulos
December 3, 2023 | americanbankingnews.com
Redburn Atlantic Begins Coverage on LPL Financial (NASDAQ:LPLA)
December 2, 2023 | msn.com
Redburn Atlantic Initiates Coverage of LPL Financial Holdings (LPLA) with Neutral Recommendation
November 30, 2023 | finance.yahoo.com
LPL Financial Welcomes Financial Advisor Jerry Madden, Jr.
November 30, 2023 | americanbankingnews.com
FY2023 EPS Estimates for LPL Financial Holdings Inc. (NASDAQ:LPLA) Lowered by Analyst
December 6, 2023 | Edge On The Street (Ad)
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
November 29, 2023 | finance.yahoo.com
LPL Financial to Present at the Goldman Sachs Financial Services Conference 2023
November 27, 2023 | benzinga.com
Nurturing Growth: LPL Finl Hldgs Supports Investors with Growing Earnings
November 27, 2023 | finance.yahoo.com
LPL Financial Welcomes Momentum Wealth
November 20, 2023 | finance.yahoo.com
The Warter Group joins LPL, Seapoint Wealth Advisors
November 17, 2023 | finance.yahoo.com
Week’s Best: Charles Schwab’s Net New Assets Slip
November 17, 2023 | finance.yahoo.com
LPL Financial (LPLA) Records Sequential Fall in October Metrics
November 16, 2023 | finance.yahoo.com
LPL Financial (LPLA) Launches New Advisor Affiliation Model
November 16, 2023 | finance.yahoo.com
LPL Financial Reports Monthly Activity for October 2023
November 16, 2023 | finance.yahoo.com
LPL Financial Welcomes Doherty Financial Services
November 15, 2023 | finance.yahoo.com
LPL Launches Employee Unit for Advisors Serving the Wealthiest Clients
November 15, 2023 | finance.yahoo.com
LPL Financial Introduces LPL Private Wealth Management
November 15, 2023 | finance.yahoo.com
Here’s What Makes LPL Financial (LPLA) a Great Buy
November 14, 2023 | finance.yahoo.com
LPL Financial Welcomes Financial Advisor Kane Vines
November 13, 2023 | finance.yahoo.com
Father-Son Financial Advisors Join Linsco by LPL to Launch Zambri Financial
November 9, 2023 | finance.yahoo.com
LPL Financial Welcomes Financial Advisor Blake Mier
November 8, 2023 | finance.yahoo.com
LPL Financial Welcomes SYV Wealth Advisors
November 7, 2023 | benzinga.com
Advisor Anasuya Kabad Meyer's 'Invest in Others' Win Garners Support for Daya, Inc.
November 6, 2023 | benzinga.com
LPL Financial's 'Rising Star' Award and Mentoring Program Aim to Increase the Number of Women Financial Advisors in the Profession
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 11/27 Dividend
11/08/2023
Dividend Payable
11/27/2023
Today
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
CIK
1397911
Web
www.lpl.com
Phone
(800) 877-7210
Fax
N/A
Employees
6,900
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$251.73
High Stock Price Target
$290.00
Low Stock Price Target
$192.00
Potential Upside/Downside
+13.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$14.75
Trailing P/E Ratio
15.05
Forward P/E Ratio
14.38
P/E Growth
0.62
Net Income
$845.70 million
Net Margins
11.99%
Pretax Margin
16.12%
Return on Equity
60.49%
Return on Assets
13.82%

Debt

Debt-to-Equity Ratio
1.49
Current Ratio
1.87
Quick Ratio
1.87

Sales & Book Value

Annual Sales
$8.60 billion
Price / Sales
1.95
Cash Flow
$15.47 per share
Price / Cash Flow
14.35
Book Value
$27.23 per share
Price / Book
8.15

Miscellaneous

Outstanding Shares
75,620,000
Free Float
74,638,000
Market Cap
$16.79 billion
Optionable
Optionable
Beta
0.86

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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 Sunday, December 3, 2023 at 4:22 PM.

Pros

Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.:

  • LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services, offering a wide range of investment options including variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance. This allows investors to diversify their portfolios and access various investment opportunities.
  • The company offers advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers. This gives investors the flexibility to choose from a variety of investment vehicles based on their risk tolerance and investment goals.
  • LPL Financial Holdings Inc. provides retirement solutions for commission-and fee-based services, allowing advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. This can be beneficial for investors planning for their retirement and seeking professional guidance.
  • The company offers technology products such as proposal generation, investment analytics, and portfolio modeling, which can assist investors in managing their investments more effectively and making informed decisions.
  • Recent developments indicate that LPL Financial Holdings Inc. has a strong financial performance, with positive earnings reported in the most recent quarter. This suggests that the company is performing well and may be a promising investment option.

Cons

Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons:

  • The stock price of LPL Financial Holdings Inc. has experienced volatility in the past, and there is a risk that it may continue to fluctuate in the future. Investors should carefully consider their risk tolerance before investing in the company.
  • As an investment banking and brokerage company, LPL Financial Holdings Inc. operates in the capital markets industry, which can be influenced by various economic factors and market conditions. Investors should be aware of the potential risks associated with this industry.
  • The company has a debt-to-equity ratio of 1.49, which indicates that it has a significant amount of debt. Investors should consider the potential impact of this debt on the company's financial stability and ability to generate returns.
  • While LPL Financial Holdings Inc. offers a wide range of investment options, investors should carefully evaluate the performance and risks associated with each investment product before making investment decisions.
  • It is important for investors to conduct thorough research and analysis of LPL Financial Holdings Inc. and its financial performance, as well as consider their own investment goals and risk tolerance, before making any investment decisions.














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 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LPLA shares.
View LPLA analyst ratings or view top-rated stocks.

What is LPL Financial's stock price target for 2024?

10 Wall Street research analysts have issued 12-month price targets for LPL Financial's stock. Their LPLA share price targets range from $192.00 to $290.00. On average, they expect the company's share price to reach $251.73 in the next twelve months. This suggests a possible upside of 15.5% 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 2023?

LPL Financial's stock was trading at $216.17 on January 1st, 2023. Since then, LPLA shares have increased by 0.8% and is now trading at $217.89.
View the best growth stocks for 2023 here.

When is LPL Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our LPLA earnings forecast.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, October, 26th. The financial services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.59 by $0.15. The financial services provider earned $2.52 billion during the quarter, compared to the consensus estimate of $2.51 billion. LPL Financial had a trailing twelve-month return on equity of 60.49% and a net margin of 11.99%. The business's quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.13 EPS.

How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial?

LPL Financial announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 9th will be given a dividend of $0.30 per share on Monday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Wednesday, November 8th.
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 0.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 7.49% 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 number of institutional and retail investors. Top institutional shareholders include WCM Investment Management LLC (3.25%), FMR LLC (3.01%), Kayne Anderson Rudnick Investment Management LLC (2.84%), Lone Pine Capital LLC (2.43%), Clarkston Capital Partners LLC (1.97%) and JPMorgan Chase & Co. (1.59%). Insiders that own company stock include Aneri Jambusaria, Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/6/2023 by MarketBeat.com Staff

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