NASDAQ:LPLA LPL Financial (LPLA) Stock Forecast, Price & News $230.70 -7.48 (-3.14%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$228.28▼$236.3650-Day Range$219.19▼$247.5252-Week Range$179.00▼$271.56Volume487,952 shsAverage Volume778,832 shsMarket Capitalization$17.46 billionP/E Ratio15.69Dividend Yield0.52%Price Target$248.60 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.8% Upside$248.60 Price TargetShort InterestHealthy1.36% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment1.21Based on 10 Articles This WeekInsider TradingSelling Shares$3.34 M Sold Last QuarterProj. Earnings Growth7.29%From $16.33 to $17.52 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector503rd out of 872 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry5th out of 9 stocks 1.3 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $248.60, LPL Financial has a forecasted upside of 7.8% from its current price of $230.70.Amount of Analyst CoverageLPL Financial has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.36% 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 1.98%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.50%, 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 8.16%. 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 6.85% 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 2.9 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 1.21. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for LPL Financial this week, compared to 8 articles on an average week.Search InterestOnly 6 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $3,341,622.00 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 3.8 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 7.29% in the coming year, from $16.33 to $17.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 15.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.73.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 15.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 63.43.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.76. 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 8.47. 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 About LPL Financial (NASDAQ:LPLA) StockLPL 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.Read More LPLA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPLA Stock News HeadlinesOctober 3, 2023 | finance.yahoo.comFather-Daughter Financial Advisors Joe And Jamie Bryant Join Linsco By LPL FinancialOctober 2, 2023 | finance.yahoo.comLPL Recruits First Billion-Dollar Advisor Team to Its Employee ChannelOctober 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.October 2, 2023 | finance.yahoo.comPB FAM Private Wealth Launches With Linsco by LPL FinancialSeptember 29, 2023 | investing.comEnergy sector outperforms S&P 500 amid August's inflation dropSeptember 29, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Receives Average Recommendation of "Moderate Buy" from AnalystsSeptember 27, 2023 | finance.yahoo.comLPL Financial Welcomes Vintage Financial GroupSeptember 24, 2023 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Rating Reiterated by JMP SecuritiesOctober 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.comLPL Financial's (LPLA) August Metrics Decline on Weak MarketsSeptember 22, 2023 | finance.yahoo.comInsider Sell: LPL Financial Holdings Inc President & CEO Dan Arnold Sells 528 SharesSeptember 22, 2023 | finance.yahoo.comLPL Financial’s Greg Gates Named Chief Technology Officer of the YearSeptember 21, 2023 | msn.comLPL Financial advisory, brokerage assets edge down 0.6% in AugustSeptember 21, 2023 | msn.comTired of Running Your Advisory Business? LPL Will Make You an OfferSeptember 21, 2023 | finance.yahoo.comLPL Financial Reports Monthly Activity for August 2023September 21, 2023 | finance.yahoo.comBrokerage Stock Nears Entry On Ballooning Assets Through Key AcquisitionsSeptember 20, 2023 | finance.yahoo.comLPL Financial Highlights Progress of Liquidity & Succession ProgramSeptember 19, 2023 | finance.yahoo.comFinancial Advisor Aaron Cizon Joins Linsco by LPL FinancialSeptember 18, 2023 | msn.comLPL Financial acquires $1.2bn client assets from Morgan Stanley's Francis GroupSeptember 18, 2023 | finance.yahoo.comThe Francis Group at LPL Launches in California by Joining LPL Strategic Wealth ServicesSeptember 15, 2023 | msn.comLPL Financial Holdings Inc.: Growth Continues Amid The Rate CycleSeptember 13, 2023 | finance.yahoo.comWhat Makes LPL Financial Holdings (LPLA) a Good Investment Option?September 11, 2023 | finance.yahoo.comFather-Son Financial Advisors Michael and Wes Climer Join Linsco by LPL FinancialSeptember 7, 2023 | msn.comBarclays Initiates Coverage of LPL Financial Holdings (LPLA) with Overweight RecommendationSeptember 7, 2023 | markets.businessinsider.comLPL Financial (LPLA) Initiated with a Buy at BarclaysSeptember 6, 2023 | finance.yahoo.comLPL Financial Welcomes Validus Financial AssociatesSeptember 5, 2023 | finance.yahoo.comFinancial Advisors Ed Winegar and Gregory Berg Join Linsco by LPL FinancialSee 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 LPLA Company Calendar Last Earnings7/27/2023Ex-Dividend for 8/25 Dividend8/10/2023Dividend Payable8/25/2023Today10/03/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees6,900Year Founded1989Price 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$14.70 Trailing P/E Ratio15.65 Forward P/E Ratio14.08 P/E Growth0.76Net Income$845.70 million Net Margins12.53% Pretax Margin16.62% Return on Equity59.52% Return on Assets13.38% Debt Debt-to-Equity Ratio1.41 Current Ratio1.74 Quick Ratio1.74 Sales & Book Value Annual Sales$8.60 billion Price / Sales2.02 Cash Flow$14.96 per share Price / Cash Flow15.37 Book Value$27.23 per share Price / Book8.45Miscellaneous Outstanding Shares75,680,000Free Float74,700,000Market Cap$17.41 billion OptionableOptionable Beta0.90 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 59)B.S., CPA, M.B.A., Pres, CEO & Director Comp: $4.84MMr. Matthew Jon Audette B.S. (Age 48)Principal Accounting Officer, CFO & Head of Bus. Operations Comp: $2.13MMr. Richard Steinmeier (Age 49)MD & Divisional Pres of Bus. Devel. Comp: $1.87MMr. Kabir Sethi (Age 52)MD & Chief Product Officer Comp: $1.07MMs. Judith Kohoskie RickettsExec. VP of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Greg Gates (Age 46)MD and Chief Technology & Information Officer Mr. Chris KoegelSr. VP of Investor RelationsMs. Michelle B. Oroschakoff (Age 61)Chief Legal Officer, MD of Compliance and Legal & Risk Ms. Sallie R. Larsen B.A. (Age 69)M.A., MD & Chief Human Capital Officer More ExecutivesKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICEPrincipal Financial GroupNYSE:PFGView All CompetitorsInsiders & InstitutionsBarclays PLCBought 8,708 shares on 9/21/2023Ownership: 0.071%Dan H ArnoldSold 353 sharesTotal: $88,260.59 ($250.03/share)Richard SteinmeierSold 10,300 sharesTotal: $2.50 M ($242.68/share)Portside Wealth Group LLCBought 13,230 shares on 9/1/2023Ownership: 0.017%Yarbrough Capital LLCBought 1,880 shares on 8/25/2023Ownership: 0.002%View All Insider TransactionsView 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 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.