NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free LPLA Stock Alerts $269.75 +1.31 (+0.49%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$266.61▼$271.9950-Day Range$230.93▼$269.7552-Week Range$179.00▼$271.99Volume418,670 shsAverage Volume479,741 shsMarket Capitalization$20.08 billionP/E Ratio19.76Dividend Yield0.44%Price Target$255.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get LPL Financial alerts: Email Address LPL Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.30 Rating ScoreUpside/Downside5.2% Downside$255.64 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.79Based on 17 Articles This WeekInsider TradingSelling Shares$15.91 M Sold Last QuarterProj. Earnings Growth18.97%From $15.87 to $18.88 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.4.74 out of 5 starsFinance Sector86th out of 891 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry3rd out of 9 stocks 2.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $255.64, LPL Financial has a forecasted downside of 5.2% from its current price of $269.75.Amount of Analyst CoverageLPL Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.45% 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 1.7, 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 5.94%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of LPL Financial is 8.79%. 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 6.36% next year. This indicates that LPL Financial will be able to sustain or increase its 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 2.7 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.79. 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 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for LPL Financial this week, compared to 10 articles on an average week.Search InterestOnly 2 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.MarketBeat FollowsOnly 46 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 $15,911,088.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions92.84% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 18.97% in the coming year, from $15.87 to $18.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 19.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.24.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 19.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.13.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.79. 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 9.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyUrgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.Click here now to get what could be the most urgent, and most lucrative research, my team has ever r 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 HeadlinesMarch 18, 2024 | globenewswire.comChrista Carone to Join LPL Financial as Chief Marketing and Communication OfficerMarch 16, 2024 | finance.yahoo.comLPLA Dec 2024 160.000 putMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 16, 2024 | finance.yahoo.comLPLA Jun 2024 210.000 putMarch 14, 2024 | msn.comWall Street ends mostly lower as chipmakers ease; inflation data aheadMarch 14, 2024 | bizjournals.comWealthWise Financial acquires Houston-based wealth practiceMarch 14, 2024 | globenewswire.comLPL Financial Welcomes Five Independent Teams With $700 Million of AUMMarch 12, 2024 | globenewswire.comLPL Financial Welcomes Advisor Brian PflaumMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 9, 2024 | americanbankingnews.comResearch Analysts Set Expectations for LPL Financial Holdings Inc.'s Q1 2024 Earnings (NASDAQ:LPLA)March 6, 2024 | globenewswire.comLPL Financial Welcomes Aero CapitalMarch 5, 2024 | finance.yahoo.comLPL Financial Holdings (LPLA) Declined 4.1% in Q4March 4, 2024 | globenewswire.comLPL Financial Welcomes RFS Financial ServicesMarch 1, 2024 | finance.yahoo.comWeek’s Best: Bernie Sanders Rings Retirement AlarmFebruary 29, 2024 | globenewswire.comLPL Financial Welcomes Endeavor Wealth StrategiesFebruary 27, 2024 | globenewswire.comContinuity Private Wealth launches with support from LPL Strategic Wealth ServicesFebruary 26, 2024 | markets.businessinsider.comThe Analyst Verdict: LPL Finl Hldgs In The Eyes Of 7 ExpertsFebruary 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: LPL Financial (LPLA) and Goldman Sachs Group (GS)February 23, 2024 | finance.yahoo.comSCHW Mar 2024 60.000 putFebruary 23, 2024 | finance.yahoo.comWeek’s Best: Here’s Evidence That Advisors Make a Difference for RetirementFebruary 23, 2024 | finanznachrichten.deLPL Financial Holdings, Inc.: LPL Financial Reports Monthly Activity for January 2024February 23, 2024 | msn.comWintrust Financial and LPL Financial enter strategic relationshipFebruary 23, 2024 | markets.businessinsider.comWintrust Financial To Move Two Wealth Management Businesses To LPL's Institution Services PlatformFebruary 23, 2024 | globenewswire.comWintrust Financial Corporation and LPL Financial Announce Strategic RelationshipFebruary 22, 2024 | msn.comLPL Financial says total advisory and brokerage assets at the end of January were $1.36 trillionFebruary 22, 2024 | globenewswire.comLPL Financial Reports Monthly Activity for January 2024February 22, 2024 | benzinga.comLPL Finl Hldgs Stock (NASDAQ:LPLA) Earnings Dates and Earning CallsSee 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 Last Earnings2/01/2024Ex-Dividend for 3/26 Dividend3/11/2024Today3/19/2024Dividend Payable3/26/2024Next Earnings (Estimated)4/25/2024Fiscal 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$255.64 High Stock Price Target$302.00 Low Stock Price Target$192.00 Potential Upside/Downside-5.2%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$13.65 Trailing P/E Ratio19.76 Forward P/E Ratio17.00 P/E Growth0.79Net Income$1.07 billion Net Margins10.61% Pretax Margin14.37% Return on Equity57.68% Return on Assets12.73% Debt Debt-to-Equity Ratio1.80 Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$10.05 billion Price / Sales2.00 Cash Flow$21.09 per share Price / Cash Flow12.79 Book Value$27.49 per share Price / Book9.81Miscellaneous Outstanding Shares74,450,000Free Float73,485,000Market Cap$20.08 billion OptionableOptionable Beta0.85 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $4.84MMr. Matthew Jon Audette B.S. (Age 49)Principal Accounting Officer, CFO & Head of Business Operations Comp: $2.13MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $1.87MMr. Kabir Sethi (Age 53)MD & Chief Product Officer Comp: $1.07MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Greg Gates (Age 46)MD and Chief Technology & Information Officer Mr. Chris KoegelSenior Vice President of Investor RelationsMs. Michelle B. Oroschakoff (Age 62)Chief Legal Officer, MD of Compliance and Legal & Risk Comp: $1.05MMs. Sallie R. Larsen B.A. (Age 70)M.A., MD & Chief Human Capital Officer Comp: $850.7kMore ExecutivesKey CompetitorsRocket CompaniesNYSE:RKTTradeweb MarketsNASDAQ:TWCredicorpNYSE:BAPT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 1,277 shares on 3/15/2024Ownership: 0.001%Vanguard Group Inc.Bought 48,439 shares on 3/11/2024Ownership: 9.592%ICA Group Wealth Management LLCBought 389 shares on 3/8/2024Ownership: 0.001%Wellington Management Group LLPSold 72,132 shares on 3/5/2024Ownership: 0.281%Goldman Sachs Group Inc.Sold 11,596 shares on 3/1/2024Ownership: 0.426%View All Insider TransactionsView All Institutional Transactions 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 Friday, March 15, 2024 at 4:01 AM. Pros Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.: LPL Financial reported strong quarterly earnings, beating analysts' consensus, indicating a healthy financial performance. Recent insider transactions, such as directors selling shares, can sometimes signal confidence in the company's future prospects. LPL Financial has a market capitalization of $19.65 billion, indicating it is a sizable company with potential stability. The company's PE ratio of 19.34 suggests that investors are willing to pay $19.34 for every dollar of earnings, which could indicate growth potential. LPL Financial's stock price has shown resilience, with a 52-week high of $271.11, indicating positive investor sentiment. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: The company's debt-to-equity ratio of 1.80 may indicate higher financial risk due to a significant level of debt compared to equity. LPL Financial's beta of 0.85 suggests that the stock is less volatile than the market, potentially limiting potential returns for investors seeking higher risk-reward opportunities. The recent decrease in institutional holdings, such as Sei Investments Co. cutting its position by 22.8%, may raise concerns about investor confidence in the company. The price-to-earnings-growth ratio of 0.79 may indicate that the stock is currently overvalued relative to its earnings growth potential. While the stock has shown resilience, the current stock price of $263.98 may be considered high by some investors, potentially limiting immediate upside potential. 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 7 hold ratings and 3 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? 10 equities research analysts have issued 1 year target prices for LPL Financial's shares. Their LPLA share price targets range from $192.00 to $302.00. On average, they predict the company's share price to reach $255.64 in the next year. This suggests that the stock has a possible downside of 5.2%. 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 start of the year. Since then, LPLA shares have increased by 18.5% and is now trading at $269.75. 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 February. As of February 29th, there was short interest totaling 1,070,000 shares, an increase of 5.9% from the February 14th total of 1,010,000 shares. Based on an average daily volume of 629,500 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.5% of the shares of the 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 Thursday, April 25th 2024. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.33 by $0.18. The financial services provider earned $2.64 billion during the quarter, compared to analyst estimates 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 business's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $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. Investors of record on Tuesday, March 12th will be paid a dividend of $0.30 per share on Tuesday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 0.44%. 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 0.45%. 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 6.36% 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.44%), Vanguard Group Inc. (9.59%), Price T Rowe Associates Inc. MD (3.25%), Capital Research Global Investors (2.92%), WCM Investment Management LLC (2.24%) and Boston Partners (1.36%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LPL Financial Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.