LPL Financial (LPLA) Stock Price, News & Analysis

Company Overview

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions. LPL also delivers practice management resources, compliance support and business consulting aimed at helping advisors grow and run their practices, and it offers programs tailored to banks, credit unions and institutional clients.

Headquartered in the United States, LPL has developed its business through a combination of organic growth and strategic acquisitions, expanding its scale and capabilities to serve a broad spectrum of independent financial professionals. The company operates under the regulatory framework applicable to broker-dealers and custodians and is governed by an executive management team and board of directors that oversee its strategy, operations and compliance efforts.

Key Stats

• Today's Range: $284.04 to $291.41
• 50-Day Range: $283.83 to $334.13
• 52-Week Range: $274.93 to $403.58
• Volume: 845,280 shs
• Average Volume: 944,490 shs
• Market Capitalization: $22.86 billion
• P/E Ratio: 25.52
• Dividend Yield: 0.42%
• Price Target: $398.86
• Consensus Rating: Moderate Buy

LPL Financial Stock Analysis - MarketRank™

LPL Financial scored higher than 97% of companies evaluated by MarketBeat, and ranked 51st out of 881 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

LPL Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 1 strong buy rating, 10 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

LPL Financial has a consensus price target of $398.86, representing about 39.6% upside from its current price of $285.78.

Amount of Analyst Coverage

LPL Financial has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 22.45%

Earnings Growth

Earnings for LPL Financial are expected to grow by 22.45% in the coming year, from $22.98 to $28.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LPL Financial is 25.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of LPL Financial is 25.52, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.96.

Price to Earnings Growth Ratio

LPL Financial has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

LPL Financial has a P/B Ratio of 4.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.09% of the float of LPL Financial has been sold short.

Short Interest Ratio / Days to Cover

LPL Financial has a short interest ratio ("days to cover") of 4.44.

Change versus previous month

Short interest in LPL Financial has recently increased by 3.46%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

LPL Financial has a dividend yield of 0.42%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

LPL Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of LPL Financial is 10.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, LPL Financial will have a dividend payout ratio of 4.26% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.86

News Sentiment

LPL Financial has a news sentiment score of 0.86. 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 0.63 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for LPL Financial this week, compared to 9 articles on an average week.

Search Interest

Only 5 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $2,720,733.00 in company stock.

Percentage Held by Insiders

0.60% of the stock of LPL Financial is held by insiders.

Percentage Held by Institutions

95.66% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 3/24 Dividend: 3/10/2026
• Ex-Dividend for 3/24 Dividend: 3/10/2026
• Dividend Payable: 3/24/2026
• Last Earnings: 4/30/2026
• Record date for 6/4 Dividend: 5/21/2026
• Ex-Dividend for 6/4 Dividend: 5/21/2026
• Today: 5/23/2026
• Dividend Payable: 6/04/2026
• Next Earnings (Estimated): 7/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - INVEST BKRS
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NASDAQ:LPLA
• CIK: 1397911
• Web: www.lpl.com
• Phone: (800) 877-7210
• Fax: N/A
• Employees: 10,000
• Year Founded: 1989

Price Target and Rating

• Average Price Target for LPL Financial: $398.86
• High Price Target: $500.00
• Low Price Target: $326.00
• Potential Upside/Downside: +39.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.20
• Trailing P/E Ratio: 25.52
• Forward P/E Ratio: 12.44
• P/E Growth: 0.59
• Net Income: $863.02 million
• Net Margins: 4.93%
• Pretax Margin: 6.66%
• Return on Equity: 31.26%
• Return on Assets: 9.08%

Debt

• Debt-to-Equity Ratio: 1.26
• Current Ratio: 2.56
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $16.99 billion
• Price / Sales: 1.35
• Cash Flow: $27.99 per share
• Price / Cash Flow: 10.21
• Book Value: $71.09 per share
• Price / Book: 4.02

Miscellaneous

• Outstanding Shares: 79,980,000
• Free Float: 79,503,000
• Market Cap: $22.86 billion
• Optionable: Optionable
• Beta: 0.57