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

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$84.03 -0.53 (-0.63 %)
(As of 05/24/2019 02:57 AM ET)
Previous Close$84.56
Today's Range$83.3835 - $85.00
52-Week Range$52.03 - $85.21
Volume837,136 shs
Average Volume786,537 shs
Market Capitalization$7.01 billion
P/E Ratio15.77
Dividend Yield1.18%
Beta1.61
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. 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$7.3389 per share
Book Value$12.10 per share

Profitability

Net Income$439.46 million

Miscellaneous

Employees4,229
Market Cap$7.01 billion
Next Earnings Date7/25/2019 (Estimated)
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 Thursday, May 2nd. Investors of record on Monday, May 20th will be given a dividend of $0.25 per share on Monday, June 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, May 17th. View LPL Financial's Dividend History.

How will LPL Financial's stock buyback program work?

LPL Financial declared that its Board of Directors has initiated a stock buyback plan on Thursday, December 7th 2017, which allows the company to repurchase $359,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, May, 2nd. The financial services provider reported $1.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.60 by $0.33. The financial services provider earned $1.37 billion during the quarter, compared to the consensus estimate of $1.35 billion. LPL Financial had a net margin of 9.42% and a return on equity of 53.97%. The company's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 EPS. 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, July 25th 2019. View Earnings Estimates for LPL Financial.

What price target have analysts set for LPLA?

8 equities research analysts have issued twelve-month target prices for LPL Financial's shares. Their predictions range from $65.00 to $102.00. On average, they expect LPL Financial's stock price to reach $82.5217 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for LPL Financial.

What is the consensus analysts' recommendation for LPL Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LPL Financial.

Has LPL Financial been receiving favorable news coverage?

Press coverage about LPLA stock has been trending neutral recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LPL Financial earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of LPL Financial's key competitors?

What other stocks do shareholders of LPL Financial own?

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, Chief Financial Officer (Age 44)
  • Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 49)
  • Mr. Scott Seese, MD & Chief Information Officer (Age 48)
  • Mr. Richard Steinmeier, MD & Divisional Pres of Bus. Devel. (Age 45)

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (11.89%), BlackRock Inc. (4.82%), FMR LLC (3.10%), Frontier Capital Management Co. LLC (2.92%), Southpoint Capital Advisors LP (2.63%) and ArrowMark Colorado Holdings LLC (2.02%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, 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 Fairview Capital Investment Management LLC, Southpoint Capital Advisors LP, Westfield Capital Management Co. LP, ArrowMark Colorado Holdings LLC, BlackRock Inc., Wildcat Capital Management LLC, Janus Henderson Group PLC and Parametric Portfolio Associates 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, 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 AJO LP, FMR LLC, Eagle Asset Management Inc., Los Angeles Capital Management & Equity Research Inc., Carillon Tower Advisers Inc., Principal Financial Group Inc., Geode Capital Management LLC and Goldman Sachs Group Inc.. 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 $84.03.

How big of a company is LPL Financial?

LPL Financial has a market capitalization of $7.01 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 4,229 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 22ND FLOOR, 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:  320 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  809
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 5/24/2019 by MarketBeat.com Staff

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