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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:LPLA

LPL Financial (LPLA) Stock Price, News & Analysis

$259.11
-1.00 (-0.38%)
(As of 04/17/2024 ET)
Today's Range
$257.41
$262.86
50-Day Range
$243.81
$273.77
52-Week Range
$179.00
$274.35
Volume
280,880 shs
Average Volume
439,480 shs
Market Capitalization
$19.36 billion
P/E Ratio
18.98
Dividend Yield
0.46%
Price Target
$268.36

LPL Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.6% Upside
$268.36 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.55mentions of LPL Financial in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$15.91 M Sold Last Quarter
Proj. Earnings Growth
22.89%
From $15.55 to $19.11 Per Share

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.

4.35 out of 5 stars

Finance Sector

219th out of 830 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

4th out of 9 stocks

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, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. 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.

LPLA Stock Price History

LPLA Stock News Headlines

LPL Financial Welcomes Legacy Retirement Planning
LPL Financial Welcomes Legacy Retirement Planning
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
LPL Financial Welcomes Advisor Philip Nation
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
LPL Financial Welcomes Somnio Wealth
LPL Financial Releases 2024 Sustainability Report
Gateway Expands Private Wealth Division
LPL Financial Holdings Inc
LPL Financial Welcomes Advisor Matthew Edwards
LPL Financial Welcomes Windward Wealth Advisors
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/26 Dividend
3/11/2024
Dividend Payable
3/26/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
Fax
N/A
Employees
8,400
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$268.36
High Stock Price Target
$315.00
Low Stock Price Target
$192.00
Potential Upside/Downside
+3.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$1.07 billion
Pretax Margin
14.37%

Debt

Sales & Book Value

Annual Sales
$10.05 billion
Cash Flow
$20.68 per share
Book Value
$27.49 per share

Miscellaneous

Free Float
73,954,000
Market Cap
$19.36 billion
Optionable
Optionable
Beta
0.84

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Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained

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 to independent financial advisors and enterprises in the United States, offering a diverse range of investment options including mutual funds, equities, fixed income, and alternative investments.
  • The company offers fee-based platforms that provide access to various investment products like mutual funds, exchange-traded funds, and stocks, catering to different investor preferences and risk profiles.
  • LPL Financial Holdings Inc. also provides retirement solutions for both commission-and fee-based services, allowing advisors to offer comprehensive brokerage services, consultation, and advice to retirement plan sponsors, tapping into the growing retirement planning market.
  • Recent insider buying activity, such as Director Kabir Sethi purchasing shares of the company, can indicate confidence in the company's future prospects, potentially signaling positive momentum.
  • With a current stock price that reflects market sentiment and company performance, investors can evaluate the stock's valuation and potential for growth, making informed investment decisions.

Cons

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

  • As a company operating in the financial services sector, LPL Financial Holdings Inc. is subject to market volatility and regulatory changes, which can impact its financial performance and stock price.
  • The competitive landscape in the brokerage and investment advisory services industry is intense, with the company facing competition from established firms and new entrants, potentially affecting its market share and profitability.
  • Market conditions and economic factors can influence the demand for financial services and investment products, impacting the company's revenue and earnings growth potential.
  • Changes in interest rates and investment trends can affect the company's asset under management (AUM) and fee-based revenue, leading to fluctuations in financial results and investor sentiment.
  • External factors such as geopolitical events, economic downturns, or unexpected market shocks can pose risks to the company's operations and financial stability, affecting investor confidence and stock performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com.

LPLA Stock Analysis - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 4 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?

9 analysts have issued twelve-month price objectives for LPL Financial's shares. Their LPLA share price targets range from $192.00 to $315.00. On average, they predict the company's stock price to reach $268.36 in the next twelve months. This suggests a possible upside of 3.6% 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 2024?

LPL Financial's stock was trading at $227.62 at the beginning of the year. Since then, LPLA stock has increased by 13.8% and is now trading at $259.11.
View the best growth stocks for 2024 here
.

Are investors shorting LPL Financial?

LPL Financial saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 21.2% from the March 15th total of 1,040,000 shares. Based on an average daily trading volume, of 535,600 shares, the short-interest ratio is presently 2.4 days. Approximately 1.7% of the company's stock are sold short.
View LPL Financial's Short Interest
.

When is LPL Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LPLA earnings forecast
.

How can I listen to LPL Financial's earnings call?

LPL Financial will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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 earnings per share for the quarter, beating the consensus estimate of $3.33 by $0.18. The financial services provider had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.55 billion. LPL Financial had a net margin of 10.61% and a trailing twelve-month return on equity of 57.68%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $4.21 earnings per share.

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. Shareholders 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 6.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPLA.

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?
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 Artemis Investment Management LLP (0.15%), Reinhart Partners LLC. (0.10%), Transform Wealth LLC (0.04%), Winthrop Advisory Group LLC (0.03%), Eagle Rock Investment Company LLC (0.02%) and Hennessy Advisors Inc. (0.02%). 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 4/18/2024 by MarketBeat.com Staff

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