NASDAQ:LPLA LPL Financial (LPLA) Stock Forecast, Price & News $197.70 -0.36 (-0.18%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$196.71▼$199.8950-Day Range$180.95▼$214.8052-Week Range$169.68▼$271.56Volume802,200 shsAverage Volume900,869 shsMarket Capitalization$15.36 billionP/E Ratio15.18Dividend Yield0.61%Price Target$234.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside18.7% Upside$234.75 Price TargetShort InterestHealthy0.92% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.80Based on 16 Articles This WeekInsider TradingAcquiring Shares$100,388 Bought Last QuarterProj. Earnings Growth6.13%From $16.96 to $18.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.07 out of 5 starsFinance Sector109th out of 902 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry2nd out of 9 stocks 3.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $234.75, LPL Financial has a forecasted upside of 18.7% from its current price of $197.70.Amount of Analyst CoverageLPL Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.92% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently decreased by 29.91%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of LPL Financial is 9.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 6.67% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 2.7 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for LPL Financial this week, compared to 8 articles on an average week.Search InterestOnly 10 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,388.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions94.89% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 6.13% in the coming year, from $16.96 to $18.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 15.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.35.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 15.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 149.08.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.37. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 7.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LPL Financial (NASDAQ:LPLA) StockLPL 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.Read More Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Stock News HeadlinesMay 25, 2023 | finance.yahoo.comLPL Financial Welcomes New Chief Analytics and Data Officer to Amplify Artificial Intelligence InitiativesMay 25, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for LPL Financial Holdings Inc. Issued By William Blair (NASDAQ:LPLA)May 29, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | finance.yahoo.comAdvisor Jonathan Kesselman Joins LPL Financial to Launch Independent PracticeMay 24, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for LPL Financial Holdings Inc. Issued By William Blair (NASDAQ:LPLA)May 22, 2023 | finance.yahoo.comBridgewright Wealth Partners Launches With Support From LPL Strategic Wealth ServicesMay 18, 2023 | markets.businessinsider.comLPL Financial (LPLA) Gets a Buy from CitiMay 18, 2023 | finance.yahoo.comLPL Financial's (LPLA) April Metrics Rise on Upbeat MarketsMay 29, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 18, 2023 | finance.yahoo.comLPL Financial Launches Outside Counsel DEI Awards Program to Advance Diversity Within Financial ServicesMay 17, 2023 | seekingalpha.comLPL Financial advisory, brokerage assets grow 1% in AprilMay 17, 2023 | finance.yahoo.comLPL Financial Reports Monthly Activity for April 2023May 16, 2023 | marketwatch.comROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages LPL Financial Holdings Inc. Investors to Inquire About Class Action Investigation - LPLAMay 16, 2023 | finance.yahoo.comLPL Financial Welcomes Hedberg Wealth ManagmentMay 16, 2023 | americanbankingnews.comZacks Research Analysts Reduce Earnings Estimates for LPL Financial Holdings Inc. (NASDAQ:LPLA)May 15, 2023 | benzinga.comROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages LPL Financial Holdings Inc. Investors to Inquire About Class Action Investigation – LPLAMay 15, 2023 | finance.yahoo.comLPL Financial Welcomes Five-Advisor Team to Its Institution Services PlatformMay 12, 2023 | marketwatch.com8-K: LPL Financial Holdings Inc.May 11, 2023 | marketwatch.comROSEN, A LONGSTANDING LAW FIRM, Encourages LPL Financial Holdings Inc. Investors to Inquire About Class Action Investigation - LPLAMay 10, 2023 | benzinga.comROSEN, A LONGSTANDING LAW FIRM, Encourages LPL Financial Holdings Inc. Investors to Inquire About Class Action Investigation – LPLAMay 10, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Michelle Brennan HallMay 8, 2023 | finance.yahoo.comLPL Financial Welcomes New Father-Son Linsco TeamMay 7, 2023 | americanbankingnews.comWilliam Francis Glavin, Jr. Purchases 557 Shares of LPL Financial Holdings Inc. (NASDAQ:LPLA) StockMay 5, 2023 | americanbankingnews.comBrokerages Set LPL Financial Holdings Inc. (NASDAQ:LPLA) Target Price at $234.22May 4, 2023 | finance.yahoo.comLPL Financial Welcomes Landmark CapitalMay 3, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Nate CarlonMay 2, 2023 | finance.yahoo.comAdvisor Growth Strategies Study Reveals Top Factors Driving M&A Market, Firm ValuationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Company Calendar Last Earnings10/28/2021Ex-Dividend for 3/28 Dividend3/13/2023Dividend Payable3/28/2023Ex-Dividend for 6/1 Dividend5/17/2023Today5/29/2023Dividend Payable6/01/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees6,900Year Founded1989Price Target and Rating Average Stock Price Forecast$234.75 High Stock Price Forecast$290.00 Low Stock Price Forecast$192.00 Forecasted Upside/Downside+18.7%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$13.02 Trailing P/E Ratio15.18 Forward P/E Ratio11.66 P/E Growth0.37Net Income$845.70 million Net Margins11.74% Pretax Margin15.44% Return on Equity55.42% Return on Assets12.60% Debt Debt-to-Equity Ratio1.30 Current Ratio1.73 Quick Ratio1.73 Sales & Book Value Annual Sales$8.60 billion Price / Sales1.79 Cash Flow$15.47 per share Price / Cash Flow12.78 Book Value$27.23 per share Price / Book7.26Miscellaneous Outstanding Shares77,670,000Free Float76,658,000Market Cap$15.36 billion OptionableOptionable Beta0.90 Social Links Key ExecutivesDan Hogan ArnoldPresident, Chief Executive Officer & DirectorJudy RickettsExecutive Vice President-OperationsMatthew J. AudetteMD, Chief Financial & Accounting OfficerGreg GatesMD, Chief Technology & Information OfficerBrent B. SimonichTreasurer, Chief Risk Officer & Executive VPKey CompetitorsCboe Global MarketsNASDAQ:CBOETradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICEView All CompetitorsInsiders & InstitutionsToroso Investments LLCBought 270 shares on 5/23/2023Ownership: 0.005%Ameriprise Financial Inc.Bought 6,554 shares on 5/22/2023Ownership: 0.053%JPMorgan Chase & Co.Bought 36,875 shares on 5/18/2023Ownership: 1.604%New York State Common Retirement FundSold 4,076 shares on 5/18/2023Ownership: 0.114%SkyView Investment Advisors LLCBought 4,149 shares on 5/18/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions 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 year. 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 twelve-month price targets 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 $234.75 in the next year. This suggests a possible upside of 18.7% 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 on January 1st, 2023. Since then, LPLA stock has decreased by 8.5% and is now trading at $197.70. View the best growth stocks for 2023 here. Are investors shorting LPL Financial? LPL Financial saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 707,900 shares, a decrease of 29.9% from the April 30th total of 1,010,000 shares. Based on an average daily volume of 1,020,000 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.9% of the company's stock 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) released its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to analysts' expectations 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 firm's quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. Investors of record on Thursday, May 18th will be given a dividend of $0.30 per share on Thursday, June 1st. This represents a $1.20 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, May 17th. Read our dividend analysis for LPLA. What ETFs hold LPL Financial's stock? ETFs with the largest weight of LPL Financial (NASDAQ:LPLA) stock in their portfolio include AdvisorShares Gerber Kawasaki ETF (GK), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Future Fund Active ETF (FFND), WisdomTree U.S. Growth & Momentum Fund (WGRO), First Trust Growth Strength ETF (FTGS), Nuveen ESG Mid-Cap Growth ETF (NUMG), American Century U.S. Quality Growth ETF (QGRO) and SPDR S&P Capital Markets ETF (KCE). 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 0.61%. 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 6.67% 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? Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP) and Martin Midstream Partners (MMLP). 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 variety of retail and institutional investors. Top institutional investors 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 $197.70. How much money does LPL Financial make? LPL Financial (NASDAQ:LPLA) has a market capitalization of $15.36 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 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LPL Financial Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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