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NASDAQ:LPLA

LPL Financial (LPLA) Stock Forecast, Price & News

$230.70
-7.48 (-3.14%)
(As of 10/3/2023 ET)
Compare
Today's Range
$228.28
▼
$236.36
50-Day Range
$219.19
▼
$247.52
52-Week Range
$179.00
▼
$271.56
Volume
487,952 shs
Average Volume
778,832 shs
Market Capitalization
$17.46 billion
P/E Ratio
15.69
Dividend Yield
0.52%
Price Target
$248.60
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

LPL Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.8% Upside
$248.60 Price Target
Short Interest
Healthy
1.36% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
1.21mentions of LPL Financial in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.34 M Sold Last Quarter
Proj. Earnings Growth
7.29%
From $16.33 to $17.52 Per Share

Overall MarketRank™

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

2.34 out of 5 stars

Finance Sector

503rd out of 872 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

5th out of 9 stocks

See Top Rated MarketRank™ Stocks Here

LPLA stock logo

About LPL Financial (NASDAQ:LPLA) Stock

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 Price History

LPLA Stock News Headlines

October 3, 2023 | finance.yahoo.com
Father-Daughter Financial Advisors Joe And Jamie Bryant Join Linsco By LPL Financial
October 2, 2023 | finance.yahoo.com
LPL Recruits First Billion-Dollar Advisor Team to Its Employee Channel
October 3, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
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October 2, 2023 | finance.yahoo.com
PB FAM Private Wealth Launches With Linsco by LPL Financial
September 29, 2023 | investing.com
Energy sector outperforms S&P 500 amid August's inflation drop
September 29, 2023 | americanbankingnews.com
LPL Financial Holdings Inc. (NASDAQ:LPLA) Receives Average Recommendation of "Moderate Buy" from Analysts
September 27, 2023 | finance.yahoo.com
LPL Financial Welcomes Vintage Financial Group
September 24, 2023 | americanbankingnews.com
LPL Financial (NASDAQ:LPLA) Rating Reiterated by JMP Securities
October 3, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
September 22, 2023 | finance.yahoo.com
LPL Financial's (LPLA) August Metrics Decline on Weak Markets
September 22, 2023 | finance.yahoo.com
Insider Sell: LPL Financial Holdings Inc President & CEO Dan Arnold Sells 528 Shares
September 22, 2023 | finance.yahoo.com
LPL Financial’s Greg Gates Named Chief Technology Officer of the Year
September 21, 2023 | msn.com
LPL Financial advisory, brokerage assets edge down 0.6% in August
September 21, 2023 | msn.com
Tired of Running Your Advisory Business? LPL Will Make You an Offer
September 21, 2023 | finance.yahoo.com
LPL Financial Reports Monthly Activity for August 2023
September 21, 2023 | finance.yahoo.com
Brokerage Stock Nears Entry On Ballooning Assets Through Key Acquisitions
September 20, 2023 | finance.yahoo.com
LPL Financial Highlights Progress of Liquidity & Succession Program
September 19, 2023 | finance.yahoo.com
Financial Advisor Aaron Cizon Joins Linsco by LPL Financial
September 18, 2023 | msn.com
LPL Financial acquires $1.2bn client assets from Morgan Stanley's Francis Group
September 18, 2023 | finance.yahoo.com
The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services
September 15, 2023 | msn.com
LPL Financial Holdings Inc.: Growth Continues Amid The Rate Cycle
September 13, 2023 | finance.yahoo.com
What Makes LPL Financial Holdings (LPLA) a Good Investment Option?
September 11, 2023 | finance.yahoo.com
Father-Son Financial Advisors Michael and Wes Climer Join Linsco by LPL Financial
September 7, 2023 | msn.com
Barclays Initiates Coverage of LPL Financial Holdings (LPLA) with Overweight Recommendation
September 7, 2023 | markets.businessinsider.com
LPL Financial (LPLA) Initiated with a Buy at Barclays
September 6, 2023 | finance.yahoo.com
LPL Financial Welcomes Validus Financial Associates
September 5, 2023 | finance.yahoo.com
Financial Advisors Ed Winegar and Gregory Berg Join Linsco by LPL Financial
See More Headlines
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LPLA Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/25 Dividend
8/10/2023
Dividend Payable
8/25/2023
Today
10/03/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
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 Forecast
$248.60
High Stock Price Forecast
$290.00
Low Stock Price Forecast
$192.00
Forecasted Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$14.70
Trailing P/E Ratio
15.65
Forward P/E Ratio
14.08
P/E Growth
0.76
Net Income
$845.70 million
Net Margins
12.53%
Pretax Margin
16.62%
Return on Equity
59.52%
Return on Assets
13.38%

Debt

Debt-to-Equity Ratio
1.41
Current Ratio
1.74
Quick Ratio
1.74

Sales & Book Value

Annual Sales
$8.60 billion
Price / Sales
2.02
Cash Flow
$14.96 per share
Price / Cash Flow
15.37
Book Value
$27.23 per share
Price / Book
8.45

Miscellaneous

Outstanding Shares
75,680,000
Free Float
74,700,000
Market Cap
$17.41 billion
Optionable
Optionable
Beta
0.90

Social Links

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Key Executives

  • Mr. Dan Hogan Arnold Jr. (Age 59)
    B.S., CPA, M.B.A., Pres, CEO & Director
    Comp: $4.84M
  • Mr. Matthew Jon Audette B.S.Mr. Matthew Jon Audette B.S. (Age 48)
    Principal Accounting Officer, CFO & Head of Bus. Operations
    Comp: $2.13M
  • Mr. Richard SteinmeierMr. Richard Steinmeier (Age 49)
    MD & Divisional Pres of Bus. Devel.
    Comp: $1.87M
  • Mr. Kabir Sethi (Age 52)
    MD & Chief Product Officer
    Comp: $1.07M
  • Ms. Judith Kohoskie Ricketts
    Exec. VP of Operations
  • Mr. Marc Andrew Zabicki C.F.A.
    Chief Investment Officer
  • Mr. Greg Gates (Age 46)
    MD and Chief Technology & Information Officer
  • Mr. Chris Koegel
    Sr. VP of Investor Relations
  • Ms. Michelle B. OroschakoffMs. Michelle B. Oroschakoff (Age 61)
    Chief Legal Officer, MD of Compliance and Legal & Risk
  • Ms. Sallie R. Larsen B.A.Ms. Sallie R. Larsen B.A. (Age 69)
    M.A., MD & Chief Human Capital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













LPLA Stock - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?

10 Wall Street 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 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 forecast for 2023?

10 brokerages have issued 1 year target prices for LPL Financial's stock. Their LPLA share price forecasts range from $192.00 to $290.00. On average, they anticipate the company's stock price to reach $248.60 in the next twelve months. This suggests a possible upside of 8.1% 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 at the beginning of the year. Since then, LPLA stock has increased by 6.4% and is now trading at $230.00.
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, October 26th 2023.
View our LPLA earnings forecast.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) released its earnings results on Thursday, July, 27th. The financial services provider reported $3.94 EPS for the quarter, beating the consensus estimate of $3.87 by $0.07. The financial services provider had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. LPL Financial had a trailing twelve-month return on equity of 59.52% and a net margin of 12.53%. LPL Financial's revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.24 earnings per share.

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

LPL Financial announced a quarterly dividend on Thursday, July 27th. Investors of record on Friday, August 11th will be paid a dividend of $0.30 per share on Friday, August 25th. This represents a $1.20 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, August 10th.
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).

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 0.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.85% 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?

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).

What is LPL Financial's stock symbol?

LPL Financial trades on the NASDAQ under the ticker symbol "LPLA."

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.

What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $230.00.

How much money does LPL Financial make?

LPL Financial (NASDAQ:LPLA) has a market capitalization of $17.41 billion and generates $8.60 billion in revenue each year. The financial services provider earns $845.70 million in net income (profit) each year or $14.70 on an earnings per share basis.

How many employees does LPL Financial have?

The company employs 6,900 workers across the globe.

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
How can I contact LPL Financial?

LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.lpl.com. The financial services provider can be reached via phone at (800) 877-7210 or via email at investor.relations@lpl.com.

This page (NASDAQ:LPLA) was last updated on 10/3/2023 by MarketBeat.com Staff

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