NASDAQ:LPLA - LPL Financial Stock Price, News, & Analysis

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$77.00 +0.53 (+0.69 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$76.47
Today's Range$76.32 - $77.71
52-Week Range$52.03 - $79.34
Volume703,800 shs
Average Volume878,341 shs
Market Capitalization$6.68 billion
P/E Ratio14.45
Dividend Yield1.31%
Beta1.59
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 financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and 529 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides fee-based 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 cash sweep programs; 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; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. It offers its services to approximately 15,000 independent financial advisors, including financial advisors at approximately 700 financial institutions. 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 1968 and is based in Boston, Massachusetts.

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Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:LPLA
CUSIP50212V10
Phone617-423-3644

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.19 billion
Cash Flow$4.4560 per share
Book Value$10.70 per share

Profitability

Net Income$439.46 million

Miscellaneous

Employees3,736
Market Cap$6.68 billion
OptionableOptionable

LPL Financial (NASDAQ:LPLA) Frequently Asked Questions

What is LPL Financial's stock symbol?

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

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

LPL Financial announced a quarterly dividend on Friday, February 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, March 14th. View LPL Financial's Dividend History.

How will LPL Financial's stock buyback program work?

LPL Financial declared that its Board of Directors has approved a share repurchase program on Thursday, December 7th 2017, which allows the company to repurchase $359,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings results on Thursday, January, 31st. The financial services provider reported $1.49 EPS for the quarter, beating the consensus estimate of $1.37 by $0.12. The financial services provider earned $1.32 billion during the quarter, compared to analysts' expectations of $1.36 billion. LPL Financial had a return on equity of 46.29% and a net margin of 8.47%. View LPL Financial's Earnings History.

When is LPL Financial's next earnings date?

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for LPL Financial.

What price target have analysts set for LPLA?

9 Wall Street analysts have issued 12-month price targets for LPL Financial's shares. Their forecasts range from $65.00 to $100.00. On average, they anticipate LPL Financial's stock price to reach $79.6250 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for LPL Financial.

What is the consensus analysts' recommendation for LPL Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

Has LPL Financial been receiving favorable news coverage?

News headlines about LPLA stock have been trending somewhat positive this week, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LPL Financial earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the near term.

Who are some of LPL Financial's key competitors?

Who are LPL Financial's key executives?

LPL Financial's management team includes the folowing people:
  • Mr. Dan Hogan Arnold Jr., Pres, CEO & Director (Age 55)
  • Mr. Matthew Jon Audette, MD & CFO (Age 44)
  • Mr. Thomas Gooley, Managing Director of Service, Trading & Operations (Age 54)
  • Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 49)
  • Mr. Scott Seese, MD & Chief Information Officer (Age 48)

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.82%), Samlyn Capital LLC (3.09%), Frontier Capital Management Co. LLC (2.79%), Fairview Capital Investment Management LLC (2.70%), Clarkston Capital Partners LLC (1.71%) and Bank of New York Mellon Corp (1.64%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

Which institutional investors are selling LPL Financial stock?

LPLA stock was sold by a variety of institutional investors in the last quarter, including New Mountain Vantage Advisers L.L.C., D. E. Shaw & Co. Inc., Westfield Capital Management Co. LP, Castleark Management LLC, Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Frontier Capital Management Co. LLC and Mackay Shields LLC. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

Which institutional investors are buying LPL Financial stock?

LPLA stock was purchased by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Fairview Capital Investment Management LLC, Prudential Financial Inc., Geode Capital Management LLC, Principal Financial Group Inc., Picton Mahoney Asset Management, Prana Capital Management LP and Martingale Asset Management L P. View Insider Buying and Selling for LPL Financial.

How do I buy shares of LPL Financial?

Shares of LPLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $77.00.

How big of a company is LPL Financial?

LPL Financial has a market capitalization of $6.68 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 on an earnings per share basis. LPL Financial employs 3,736 workers across the globe.

What is LPL Financial's official website?

The official website for LPL Financial is http://www.lpl.com.

How can I contact LPL Financial?

LPL Financial's mailing address is 75 STATE STREET, BOSTON MA, 02109. The financial services provider can be reached via phone at 617-423-3644 or via email at [email protected]


MarketBeat Community Rating for LPL Financial (NASDAQ LPLA)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  306 (Vote Outperform)
Underperform Votes:  468 (Vote Underperform)
Total Votes:  774
MarketBeat's community ratings are surveys of what our community members think about LPL Financial and other stocks. Vote "Outperform" if you believe LPLA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LPLA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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