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

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$66.34 -0.03 (-0.05 %)
(As of 08/21/2018 03:43 PM ET)
Previous Close$66.04
Today's Range$65.98 - $66.97
52-Week Range$44.08 - $73.28
Volume18,258 shs
Average Volume701,096 shs
Market Capitalization$5.84 billion
P/E Ratio22.07
Dividend Yield1.51%
Beta1.7
LPL Financial logoLPL 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

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

Debt

Debt-to-Equity Ratio2.36
Current Ratio1.44
Quick Ratio1.44

Price-To-Earnings

Trailing P/E Ratio22.07
Forward P/E Ratio12.78
P/E Growth0.85

Sales & Book Value

Annual Sales$4.28 billion
Price / Sales1.37
Cash Flow$4.4764 per share
Price / Cash14.82
Book Value$10.70 per share
Price / Book6.20

Profitability

EPS (Most Recent Fiscal Year)$3.00
Net Income$238.86 million
Net Margins7.09%
Return on Equity35.98%
Return on Assets6.72%

Miscellaneous

Employees3,736
Outstanding Shares88,100,000
Market Cap$5.84 billion

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, July 27th. Shareholders of record on Thursday, August 9th will be given a dividend of $0.25 per share on Thursday, August 23rd. This represents a $1.00 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Wednesday, August 8th. View LPL Financial's Dividend History.

How will LPL Financial's stock buyback program work?

LPL Financial announced that its Board of Directors has initiated a share repurchase plan on Thursday, December 7th 2017, which permits the company to buyback $359,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its earnings results on Thursday, July, 26th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.10. The financial services provider had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.28 billion. LPL Financial had a return on equity of 35.98% and a net margin of 7.09%. The firm's revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 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, October, 25th 2018. View Earnings Estimates for LPL Financial.

What price target have analysts set for LPLA?

10 brokers have issued 12 month price targets for LPL Financial's shares. Their forecasts range from $70.00 to $92.00. On average, they anticipate LPL Financial's share price to reach $79.60 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for LPL Financial.

What is the consensus analysts' recommendation for LPL Financial?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

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 54)
  • Mr. Matthew Jon Audette, MD & CFO (Age 43)
  • Mr. Thomas Gooley, Managing Director of Service, Trading & Operations (Age 53)
  • Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 48)
  • Mr. Scott Seese, MD & Chief Information Officer (Age 48)

Has LPL Financial been receiving favorable news coverage?

News coverage about LPLA stock has trended somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. LPL Financial earned a coverage optimism score of 0.19 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 49.71 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for LPL Financial.

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (11.34%), BlackRock Inc. (4.66%), Frontier Capital Management Co. LLC (2.55%), Clarkston Capital Partners LLC (1.67%), Bank of New York Mellon Corp (1.66%) and FMR LLC (1.65%). 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, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

Which major investors are selling LPL Financial stock?

LPLA stock was sold by a variety of institutional investors in the last quarter, including Clarkston Capital Partners LLC, Dimensional Fund Advisors LP, Wells Fargo & Company MN, Zweig DiMenna Associates LLC, Three Peaks Capital Management LLC, Millennium Management LLC, California Public Employees Retirement System and Raymond James & Associates. 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, Tracy Calder and William P Jr Morrissey. View Insider Buying and Selling for LPL Financial.

Which major investors are buying LPL Financial stock?

LPLA stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Frontier Capital Management Co. LLC, Vaughan Nelson Investment Management L.P., Renaissance Technologies LLC, FMR LLC, Soros Fund Management LLC, Federated Investors Inc. PA and Janus Henderson Group PLC. 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 $66.35.

How big of a company is LPL Financial?

LPL Financial has a market capitalization of $5.84 billion and generates $4.28 billion in revenue each year. The financial services provider earns $238.86 million in net income (profit) each year or $3.00 on an earnings per share basis. LPL Financial employs 3,736 workers across the globe.

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:  282 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  715
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 8/21/2018 by MarketBeat.com Staff

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