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AMD   97.38 (+1.23%)
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GE   111.70 (+0.40%)
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AMC   8.15 (+6.82%)
PFE   32.98 (+0.89%)
PYPL   58.86 (+1.69%)
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MSFT   317.54 (+0.17%)
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NVDA   422.22 (+1.47%)
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BABA   87.20 (-1.25%)
AMD   97.38 (+1.23%)
T   15.06 (-0.40%)
F   12.59 (+1.29%)
MU   68.58 (-0.44%)
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NASDAQ:LPLA

LPL Financial (LPLA) Stock Forecast, Price & News

$240.67
-0.48 (-0.20%)
(As of 09/25/2023 ET)
Compare
Today's Range
$239.80
$242.66
50-Day Range
$219.19
$247.52
52-Week Range
$179.00
$271.56
Volume
333,195 shs
Average Volume
790,491 shs
Market Capitalization
$18.36 billion
P/E Ratio
16.37
Dividend Yield
0.50%
Price Target
$248.60

LPL Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.3% Upside
$248.60 Price Target
Short Interest
Healthy
1.34% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.81mentions of LPL Financial in the last 14 days
Based on 16 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.

2.32 out of 5 stars

Finance Sector

468th out of 840 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

6th out of 9 stocks


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

LPL Financial (NASDAQ:LPLA) Rating Reiterated by JMP Securities
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
LPL Financial Reports Monthly Activity for August 2023
The Safest Option in Trades!
If you’re new to trading, then you’ve probably heard the wrong thing about options—that they’re risky, unpredictable, or difficult. And it couldn’t be more wrong! With the Hughes Optioneering Strategy, you’ll soon learn that the safest option for new accounts is options themselves!
Financial Advisor Aaron Cizon Joins Linsco by LPL Financial
LPL Financial (LPLA) Initiated with a Buy at Barclays
LPL Financial Welcomes Validus Financial Associates
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
9/25/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
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
+3.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$845.70 million
Pretax Margin
16.62%

Debt

Sales & Book Value

Annual Sales
$8.60 billion
Cash Flow
$15.44 per share
Book Value
$27.23 per share

Miscellaneous

Free Float
75,305,000
Market Cap
$18.36 billion
Optionable
Optionable
Beta
0.92

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













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 year. 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 brokers have issued 12 month price targets for LPL Financial's stock. Their LPLA share price forecasts range from $192.00 to $290.00. On average, they expect the company's stock price to reach $248.60 in the next year. This suggests a possible upside of 3.3% 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 2023. Since then, LPLA stock has increased by 11.3% and is now trading at $240.67.
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) posted its earnings results on Thursday, July, 27th. The financial services provider reported $3.94 earnings per share for the quarter, topping 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 net margin of 12.53% and a trailing twelve-month return on equity of 59.52%. The company's revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.24 EPS.

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

LPL Financial declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, August 11th will be given a dividend of $0.30 per share on Friday, August 25th. This represents a $1.20 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend is Thursday, August 10th.
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 0.50%. 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?
What is LPL Financial's stock symbol?

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

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.23%), WCM Investment Management LLC (3.15%), Capital Research Global Investors (2.88%), Kayne Anderson Rudnick Investment Management LLC (2.71%), State Street Corp (2.24%) and Geode Capital Management LLC (1.73%). Insiders that own company stock include Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, 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 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 $240.67.

How much money does LPL Financial make?

LPL Financial (NASDAQ:LPLA) has a market capitalization of $18.36 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 9/25/2023 by MarketBeat.com Staff

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