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NASDAQ:LPLA

LPL Financial (LPLA) Stock Forecast, Price & News

$200.68
-4.20 (-2.05%)
(As of 06/8/2023 ET)
Compare
Today's Range
$197.30
$204.70
50-Day Range
$180.95
$211.43
52-Week Range
$169.68
$271.56
Volume
481,848 shs
Average Volume
719,945 shs
Market Capitalization
$15.59 billion
P/E Ratio
15.41
Dividend Yield
0.60%
Price Target
$236.00

LPL Financial MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
17.6% Upside
$236.00 Price Target
Short Interest
Healthy
0.92% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.50mentions of LPL Financial in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$100,388 Bought Last Quarter
Proj. Earnings Growth
4.78%
From $16.74 to $17.54 Per Share

Overall MarketRank

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

3.06 out of 5 stars

Finance Sector

77th out of 863 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

2nd out of 9 stocks


LPLA stock logo

About LPL Financial (NASDAQ:LPLA) Stock

LPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices. It provides objective financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. The company was founded in 1989 and is headquartered in San Diego, CA.

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LPLA Stock News Headlines

All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle
More automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...
LPL Financial Welcomes Hoff Bujnoch & Associates
All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle
More automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...
LPL Financial (LPLA) Gets a Buy from Citi
LPL Financial Welcomes Hedberg Wealth Managment
See More Headlines

LPLA Price History

LPLA Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 3/28 Dividend
3/13/2023
Dividend Payable
3/28/2023
Ex-Dividend for 6/1 Dividend
5/17/2023
Dividend Payable
6/01/2023
Today
6/09/2023
Next Earnings (Estimated)
8/01/2023
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
$236.00
High Stock Price Forecast
$290.00
Low Stock Price Forecast
$192.00
Forecasted Upside/Downside
+17.6%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$845.70 million
Pretax Margin
15.44%

Debt

Sales & Book Value

Annual Sales
$8.60 billion
Cash Flow
$15.48 per share
Book Value
$27.23 per share

Miscellaneous

Free Float
76,658,000
Market Cap
$15.59 billion
Optionable
Optionable
Beta
0.90

Social Links


Key Executives

  • Dan Hogan ArnoldDan Hogan Arnold
    President, Chief Executive Officer & Director
  • Judy Ricketts
    Executive Vice President-Operations
  • Matthew J. AudetteMatthew J. Audette
    MD, Chief Financial & Accounting Officer
  • Greg Gates
    MD, Chief Technology & Information Officer
  • Brent B. Simonich
    Treasurer, Chief Risk Officer & Executive VP













LPLA Stock - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LPLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPLA, but not buy additional shares or sell existing shares.
View LPLA analyst ratings
or view top-rated stocks.

What is LPL Financial's stock price forecast for 2023?

9 brokerages have issued 12 month price objectives for LPL Financial's shares. Their LPLA share price forecasts range from $192.00 to $290.00. On average, they predict the company's share price to reach $236.00 in the next year. This suggests a possible upside of 17.6% 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 start of the year. Since then, LPLA shares have decreased by 7.2% and is now trading at $200.68.
View the best growth stocks for 2023 here
.

Are investors shorting LPL Financial?

LPL Financial saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 707,900 shares, a decline of 29.9% from the April 30th total of 1,010,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.9% of the company's shares are short sold.
View LPL Financial's Short Interest
.

When is LPL Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our LPLA earnings forecast
.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) announced its earnings results on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 55.42% and a net margin of 11.74%. The company's revenue for the quarter was up 38.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.44 EPS.

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

LPL Financial announced a quarterly dividend on Monday, April 24th. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.30 per share on Thursday, June 1st. This represents a $1.20 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Wednesday, May 17th.
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 0.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.73% 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.42%), FMR LLC (5.52%), WCM Investment Management LLC (3.17%), Kayne Anderson Rudnick Investment Management LLC (2.60%), Samlyn Capital LLC (2.28%) and State Street Corp (2.20%). 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 $200.68.

How much money does LPL Financial make?

LPL Financial (NASDAQ:LPLA) has a market capitalization of $15.59 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 $13.02 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 6/9/2023 by MarketBeat.com Staff

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