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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Did You Miss the Gold Rush? Try These 2 Silver Stocks
Stock market today: Global markets are mixed as Middle East tensions escalate
Citi’s Results Say This About The Stock Market
TKO Group Knocks Out WrestleMania Event Record
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Novo Nordisk Arms Wegovy to Be a Triple Threat
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Did You Miss the Gold Rush? Try These 2 Silver Stocks
Stock market today: Global markets are mixed as Middle East tensions escalate
Citi’s Results Say This About The Stock Market
TKO Group Knocks Out WrestleMania Event Record
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Novo Nordisk Arms Wegovy to Be a Triple Threat
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Did You Miss the Gold Rush? Try These 2 Silver Stocks
Stock market today: Global markets are mixed as Middle East tensions escalate
Citi’s Results Say This About The Stock Market
TKO Group Knocks Out WrestleMania Event Record
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
Novo Nordisk Arms Wegovy to Be a Triple Threat
NASDAQ:LPLA

LPL Financial (LPLA) Stock Price, News & Analysis

$261.12
-2.20 (-0.84%)
(As of 04/12/2024 08:51 PM ET)
Today's Range
$258.33
$264.46
50-Day Range
$241.50
$273.77
52-Week Range
$179.00
$274.35
Volume
563,200 shs
Average Volume
540,486 shs
Market Capitalization
$19.51 billion
P/E Ratio
19.13
Dividend Yield
0.46%
Price Target
$268.36

LPL Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.8% Upside
$268.36 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.58mentions of LPL Financial in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$15.91 M Sold Last Quarter
Proj. Earnings Growth
22.89%
From $15.55 to $19.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Finance Sector

198th out of 843 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

4th out of 8 stocks

LPLA stock logo

About LPL Financial Stock (NASDAQ:LPLA)

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, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based 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 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 Stock Price History

LPLA Stock News Headlines

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LPL Financial Welcomes Somnio Wealth
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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
LPL Financial Releases 2024 Sustainability Report
Gateway Expands Private Wealth Division
LPL Financial Holdings Inc
LPL Financial Welcomes Advisor Matthew Edwards
LPL Financial Welcomes Windward Wealth Advisors
TD Cowen Keeps Their Hold Rating on LPL Financial (LPLA)
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/26 Dividend
3/11/2024
Dividend Payable
3/26/2024
Today
4/14/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
Fax
N/A
Employees
8,400
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$268.36
High Stock Price Target
$315.00
Low Stock Price Target
$192.00
Potential Upside/Downside
+2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$1.07 billion
Pretax Margin
14.37%

Debt

Sales & Book Value

Annual Sales
$10.05 billion
Cash Flow
$20.99 per share
Book Value
$27.49 per share

Miscellaneous

Free Float
73,730,000
Market Cap
$19.51 billion
Optionable
Optionable
Beta
0.84

Social Links

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Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.:

  • LPL Financial offers an integrated platform of brokerage and investment advisory services to independent financial advisors and enterprises in the United States, providing a diverse range of investment options including mutual funds, equities, fixed income, and alternative investments.
  • The company provides fee-based platforms that grant access to various investment products like mutual funds, exchange-traded funds, stocks, bonds, and institutional money managers, catering to different investor preferences and risk profiles.
  • LPL Financial offers retirement solutions for both commission-and fee-based services, allowing advisors to provide comprehensive brokerage services, consultation, and advice to retirement plan sponsors, which can attract long-term clients seeking retirement planning assistance.
  • The company provides technology products such as proposal generation, investment analytics, and portfolio modeling, enhancing the efficiency and effectiveness of financial advisors in managing client portfolios and providing personalized investment strategies.
  • Recent insider activity, including CEO and Director selling shares at a higher price, may indicate confidence in the company's future performance, potentially signaling positive prospects for investors.

Cons

Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons:

  • Market volatility and economic uncertainties can impact the financial services sector, potentially affecting LPL Financial's performance and revenue streams, leading to fluctuations in stock price and investor returns.
  • Intense competition in the brokerage and investment advisory industry may pose challenges for LPL Financial in attracting and retaining financial advisors and clients, impacting market share and profitability.
  • Regulatory changes and compliance requirements in the financial services industry can increase operational costs for companies like LPL Financial, affecting margins and overall financial performance.
  • Dependency on external factors such as interest rates, market conditions, and global economic trends can influence the company's revenue streams and profitability, exposing investors to external risks beyond the company's control.
  • Investors should carefully consider the current stock price of LPL Financial and conduct thorough research on the company's financial health, growth prospects, and competitive positioning before making investment decisions to ensure alignment with their investment goals and risk tolerance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com.

LPLA Stock Analysis - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

9 brokerages have issued twelve-month price objectives for LPL Financial's stock. Their LPLA share price targets range from $192.00 to $315.00. On average, they anticipate the company's stock price to reach $268.36 in the next year. This suggests a possible upside of 2.8% 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 2024?

LPL Financial's stock was trading at $227.62 at the start of the year. Since then, LPLA shares have increased by 14.7% and is now trading at $261.12.
View the best growth stocks for 2024 here
.

Are investors shorting LPL Financial?

LPL Financial saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 21.2% from the March 15th total of 1,040,000 shares. Based on an average trading volume of 535,600 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.7% of the shares of the company are sold short.
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, April 30th 2024.
View our LPLA earnings forecast
.

How can I listen to LPL Financial's earnings call?

LPL Financial will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $3.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.33 by $0.18. The financial services provider earned $2.64 billion during the quarter, compared to analyst estimates of $2.55 billion. LPL Financial had a trailing twelve-month return on equity of 57.68% and a net margin of 10.61%. LPL Financial's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.21 EPS.

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

LPL Financial announced a quarterly dividend on Tuesday, January 30th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.30 per share on Tuesday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Monday, March 11th.
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 0.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.28% 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?
Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Reinhart Partners LLC. (0.10%), Annex Advisory Services LLC (0.02%), Park Avenue Securities LLC (0.01%), CGN Advisors LLC (0.01%), Gulf International Bank UK Ltd (0.01%) and First Hawaiian Bank (0.01%). Insiders that own company stock include Aneri Jambusaria, Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Kabir Sethi, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:LPLA) was last updated on 4/15/2024 by MarketBeat.com Staff

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