Top MarketRank™ StocksTop MarketRank™NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis $221.24 -17.96 (-7.51%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$221.22▼$246.3550-Day Range$211.62▼$288.8252-Week Range$200.18▼$289.88Volume2.64 million shsAverage Volume672,287 shsMarket Capitalization$16.53 billionP/E Ratio16.71Dividend Yield0.54%Price Target$285.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get LPL Financial alerts: Email Address LPL Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside27.7% Upside$282.55 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.66Based on 35 Articles This WeekInsider TradingSelling Shares$1.57 M Sold Last QuarterProj. Earnings Growth25.63%From $15.76 to $19.80 Per ShareSee Full Details Hide Full Details 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.5.00 out of 5 starsFinance Sector12th out of 898 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry1st out of 10 stocks 4.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageLPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about LPL Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.97% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently increased by 5.25%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 9.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 6.06% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.Read more about LPL Financial's dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.7 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 35 news articles for LPL Financial this week, compared to 10 articles on an average week.Search Interest8 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat Follows12 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,574,289.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions95.66% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about LPL Financial's insider trading history. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 25.63% in the coming year, from $15.76 to $19.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 16.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 16.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 8.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about LPL Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> 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.Read More LPLA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPLA Stock News HeadlinesJuly 26 at 3:35 PM | benzinga.comLPL Finl Hldgs Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)July 26 at 8:56 AM | markets.businessinsider.comLPLA Stock Earnings: LPL Finl Hldgs Beats EPS, Beats Revenue for Q2 2024July 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 26 at 8:56 AM | msn.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Q2 2024 Earnings Call TranscriptJuly 25 at 9:00 PM | globenewswire.comLPL ALERT: Bragar Eagel & Squire, P.C. is Investigating LPL Financial Holdings Inc. on Behalf of LPL Stockholders and Encourages Investors to Contact the FirmJuly 25 at 8:29 PM | msn.comLPL Financial’s Earnings Dip From a Year Ago. The Stock is Falling.July 25 at 8:29 PM | markets.businessinsider.comLPL Financial Announces Second Quarter 2024 ResultsJuly 25 at 8:29 PM | msn.comLPL Financial Holdings Non-GAAP EPS of $3.88 beats by $0.15, revenue of $2.93B beats by $40MJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 8:29 PM | seekingalpha.comLPL Financial Holdings Inc. (LPLA) Q2 2024 Earnings Call TranscriptJuly 25 at 8:29 PM | msn.comLPL Financial Holdings Inc. (LPLA): Why Is Eminence Capital's Ricky Sandler Bullish on This Stock Right Now?July 25 at 4:28 PM | seekingalpha.comLPL Financial Holdings Inc. 2024 Q2 - Results - Earnings Call PresentationJuly 25 at 3:29 PM | finance.yahoo.comLPLA Aug 2024 185.000 call (LPLA240816C00185000)July 25 at 3:29 PM | tmcnet.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against LPL Financial Holdings Inc. (LPLA)July 25 at 3:29 PM | tmcnet.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of LPL Financial Holdings Inc. (LPLA) on Behalf of InvestorsJuly 24 at 8:55 AM | globenewswire.comLPL Financial Welcomes Investment Advisors Financial GroupJuly 23 at 7:33 PM | benzinga.comHere's How Much $1000 Invested In LPL Finl Hldgs 10 Years Ago Would Be Worth TodayJuly 23 at 5:50 AM | americanbankingnews.comLPL Financial (LPLA) Scheduled to Post Quarterly Earnings on ThursdaySee More Headlines Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/4 Dividend5/20/2024Dividend Payable6/04/2024Last Earnings7/25/2024Today7/26/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees8,400Year Founded1989Price Target and Rating Average Stock Price Target$282.55 High Stock Price Target$334.00 Low Stock Price Target$233.00 Potential Upside/Downside+26.6%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$13.24 Trailing P/E Ratio17.02 Forward P/E Ratio14.29 P/E Growth0.9Net Income$1.07 billion Net Margins9.71% Pretax Margin13.13% Return on Equity55.22% Return on Assets11.74% Debt Debt-to-Equity Ratio1.70 Current Ratio1.84 Quick Ratio1.84 Sales & Book Value Annual Sales$10.05 billion Price / Sales1.67 Cash Flow$20.82 per share Price / Cash Flow10.82 Book Value$27.49 per share Price / Book8.19Miscellaneous Outstanding Shares74,710,000Free Float73,738,000Market Cap$16.83 billion OptionableOptionable Beta0.90 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $5.04MMr. Matthew Jon Audette B.S. (Age 49)CFO & Head of Business Operations Comp: $2.08MMr. Greg Gates (Age 47)MD and Chief Technology & Information Officer Comp: $1.96MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $2.35MMr. Matthew K. Enyedi (Age 50)Managing Director of Client Success Comp: $1.35MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Chris KoegelSenior Vice President of Investor RelationsMs. Althea Brown (Age 47)MD & Chief Legal Officer Ms. Sara Dadyar (Age 50)MD & Chief Human Capital Officer More ExecutivesKey CompetitorsRaymond JamesNYSE:RJFEvercoreNYSE:EVRStifel FinancialNYSE:SFLazardNYSE:LAZBGC GroupNASDAQ:BGCView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 47,759 shares on 7/26/2024Ownership: 1.235%Allspring Global Investments Holdings LLCSold 59,900 shares on 7/26/2024Ownership: 0.304%Catalyst Capital Advisors LLCSold 250 shares on 7/26/2024Ownership: 0.004%State of Michigan Retirement SystemSold 300 shares on 7/26/2024Ownership: 0.002%Ceredex Value Advisors LLCSold 50 shares on 7/25/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 reported a strong quarterly earnings performance, beating the consensus EPS estimate by $0.44, indicating solid financial health and potential growth. The company has a healthy return on equity of 55.22%, showcasing efficient utilization of shareholder funds to generate profits. Analysts have given LPL Financial an "overweight" rating, with a consensus price target of $276.20, suggesting positive sentiment and potential for stock price appreciation. LPL Financial has a dividend yield of 0.42%, providing investors with a steady income stream while holding the stock. The stock has shown a consistent upward trend, with a 50-day moving average of $267.45 and a 200-day moving average of $250.26, indicating positive momentum. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: The stock has a relatively high debt-to-equity ratio of 1.70, which may indicate higher financial risk and potential challenges in servicing debt obligations. LPL Financial's payout ratio is 9.06%, which suggests a lower percentage of earnings being distributed as dividends, potentially limiting immediate returns for income-focused investors. One research analyst has rated the stock with a sell rating, indicating some negative sentiment and caution among analysts regarding the company's future performance. The stock's beta of 0.83 implies lower volatility compared to the market, which may result in slower price movements and potentially lower returns for more aggressive investors. While the company has shown growth potential, the P/E ratio of 21.62 and P/E/G ratio of 1.14 may indicate that the stock is currently trading at a premium valuation, potentially limiting upside for value-oriented investors. 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 Monday, July 1, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com. LPLA Stock Analysis - Frequently Asked Questions How have LPLA shares performed this year? LPL Financial's stock was trading at $227.62 at the beginning of 2024. Since then, LPLA stock has decreased by 2.8% and is now trading at $221.24. View the best growth stocks for 2024 here. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its earnings results on Thursday, July, 25th. The financial services provider reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.66 by $0.22. The company's revenue was up 18.8% compared to the same quarter last year. 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. Does LPL Financial have any subsidiaries? The following companies are subsidiaries of LPL Financial: BlazePortfolio, Lucia Securities, AdvisoryWorld, National Planning Holdings, Fortigent LLC, AdvisoryWorld, Allen & Company of Florida LLC, and others. Who are LPL Financial's major shareholders? LPL Financial's top institutional investors include Bank of New York Mellon Corp (1.24%), Raymond James & Associates (0.53%), Coronation Fund Managers Ltd. (0.41%) and Allspring Global Investments Holdings LLC (0.30%). Insiders that own company stock include Dan H Arnold, Sallie R Larsen, Michelle Oroschakoff, Richard Steinmeier, Matthew J Audette, Kabir Sethi, Matthew Enyedi, Brent Simonich, William Francis Glavin Jr, Aneri Jambusaria, George Burton White and Edward Fandrey. 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. What other stocks do shareholders of LPL Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and SandRidge Permian Trust (PER). 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