LPL Financial Stock Price, News & Analysis (NASDAQ:LPLA) $222.05 -0.36 (-0.16%) (As of 05:12 PM ET) Add Compare Share Share Today's Range$218.00▼$222.1350-Day Range$216.21▼$239.7752-Week Range$179.00▼$257.64Volume497,038 shsAverage Volume748,527 shsMarket Capitalization$16.79 billionP/E Ratio15.05Dividend Yield0.54%Price Target$251.73 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside14.1% Upside$251.73 Price TargetShort InterestHealthy1.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.40Based on 14 Articles This WeekInsider TradingSelling Shares$3.02 M Sold Last QuarterProj. Earnings Growth3.82%From $15.44 to $16.03 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.2.83 out of 5 starsFinance Sector61st out of 777 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry1st out of 9 stocks 3.3 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $251.73, LPL Financial has a forecasted upside of 14.1% from its current price of $220.62.Amount of Analyst CoverageLPL Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.21% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently increased by 4.65%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.54%, 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 8.14%. 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 7.49% 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 3.0 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for LPL Financial this week, compared to 9 articles on an average week.Search Interest8 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.MarketBeat Follows3 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,017,039.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions92.84% 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 3.82% in the coming year, from $15.44 to $16.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 14.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.06.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 14.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.57.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.62. 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 8.10. 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 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, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides 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 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 to trusts 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.Read More LPLA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPLA Stock News HeadlinesDecember 4, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Demetrios ParaskevopoulosDecember 3, 2023 | americanbankingnews.comRedburn Atlantic Begins Coverage on LPL Financial (NASDAQ:LPLA)December 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 2, 2023 | msn.comRedburn Atlantic Initiates Coverage of LPL Financial Holdings (LPLA) with Neutral RecommendationNovember 30, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Jerry Madden, Jr.November 30, 2023 | americanbankingnews.comFY2023 EPS Estimates for LPL Financial Holdings Inc. (NASDAQ:LPLA) Lowered by AnalystNovember 29, 2023 | finance.yahoo.comLPL Financial to Present at the Goldman Sachs Financial Services Conference 2023November 27, 2023 | benzinga.comNurturing Growth: LPL Finl Hldgs Supports Investors with Growing EarningsDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 27, 2023 | finance.yahoo.comLPL Financial Welcomes Momentum WealthNovember 20, 2023 | finance.yahoo.comThe Warter Group joins LPL, Seapoint Wealth AdvisorsNovember 17, 2023 | finance.yahoo.comWeek’s Best: Charles Schwab’s Net New Assets SlipNovember 17, 2023 | finance.yahoo.comLPL Financial (LPLA) Records Sequential Fall in October MetricsNovember 16, 2023 | finance.yahoo.comLPL Financial (LPLA) Launches New Advisor Affiliation ModelNovember 16, 2023 | finance.yahoo.comLPL Financial Reports Monthly Activity for October 2023November 16, 2023 | finance.yahoo.comLPL Financial Welcomes Doherty Financial ServicesNovember 15, 2023 | finance.yahoo.comLPL Launches Employee Unit for Advisors Serving the Wealthiest ClientsNovember 15, 2023 | finance.yahoo.comLPL Financial Introduces LPL Private Wealth ManagementNovember 15, 2023 | finance.yahoo.comHere’s What Makes LPL Financial (LPLA) a Great BuyNovember 14, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Kane VinesNovember 13, 2023 | finance.yahoo.comFather-Son Financial Advisors Join Linsco by LPL to Launch Zambri FinancialNovember 9, 2023 | finance.yahoo.comLPL Financial Welcomes Financial Advisor Blake MierNovember 8, 2023 | finance.yahoo.comLPL Financial Welcomes SYV Wealth AdvisorsNovember 7, 2023 | benzinga.comAdvisor Anasuya Kabad Meyer's 'Invest in Others' Win Garners Support for Daya, Inc.November 6, 2023 | benzinga.comLPL Financial's 'Rising Star' Award and Mentoring Program Aim to Increase the Number of Women Financial Advisors in the ProfessionNovember 6, 2023 | finance.yahoo.comLPL Financial Welcomes GER Loftin Wealth AdvisorsNovember 6, 2023 | finance.yahoo.comLPL Financial’s ‘Rising Star’ Award and Mentoring Program Aim to Increase the Number of Women Financial Advisors in the ProfessionSee More Headlines 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 Company Calendar Last Earnings10/26/2023Ex-Dividend for 11/27 Dividend11/08/2023Dividend Payable11/27/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/01/2024Get 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 Target$251.73 High Stock Price Target$290.00 Low Stock Price Target$192.00 Potential Upside/Downside+13.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$14.75 Trailing P/E Ratio14.98 Forward P/E Ratio14.31 P/E Growth0.62Net Income$845.70 million Net Margins11.99% Pretax Margin16.12% Return on Equity60.49% Return on Assets13.82% Debt Debt-to-Equity Ratio1.49 Current Ratio1.87 Quick Ratio1.87 Sales & Book Value Annual Sales$8.60 billion Price / Sales1.94 Cash Flow$15.40 per share Price / Cash Flow14.35 Book Value$27.23 per share Price / Book8.11Miscellaneous Outstanding Shares75,620,000Free Float74,638,000Market Cap$16.71 billion OptionableOptionable Beta0.86 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 59)B.S., CPA, M.B.A., President, CEO & Director Comp: $4.84MMr. Matthew Jon Audette B.S. (Age 48)Principal Accounting Officer, CFO & Head of Business Operations Comp: $2.13MMr. Richard Steinmeier (Age 49)MD & Divisional President of Business Development Comp: $1.87MMr. Kabir Sethi (Age 52)MD & Chief Product Officer Comp: $1.07MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Greg Gates (Age 46)MD and Chief Technology & Information Officer Mr. Chris KoegelSenior Vice President of Investor RelationsMs. Michelle B. Oroschakoff (Age 61)Chief Legal Officer, MD of Compliance and Legal & Risk Comp: $1.05MMs. Sallie R. Larsen B.A. (Age 69)M.A., MD & Chief Human Capital Officer Comp: $850.7kMore ExecutivesKey CompetitorsT. Rowe Price GroupNASDAQ:TROWTradeweb MarketsNASDAQ:TWIntercontinental ExchangeNYSE:ICEKB Financial GroupNYSE:KBRoyalty PharmaNASDAQ:RPRXView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 356,979 shares on 12/1/2023Ownership: 0.372%B. Riley Wealth Advisors Inc.Bought 858 shares on 12/1/2023Ownership: 0.003%American Century Companies Inc.Bought 35,088 shares on 11/30/2023Ownership: 0.751%Neo Ivy Capital ManagementBought 2,016 shares on 11/30/2023Ownership: 0.003%Banque Pictet & Cie SASold 429 shares on 11/27/2023Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of LPL Financial was last updated on Sunday, December 3, 2023 at 4:22 PM. Pros Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.: LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services, offering a wide range of investment options including variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance. This allows investors to diversify their portfolios and access various investment opportunities. The company offers advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers. This gives investors the flexibility to choose from a variety of investment vehicles based on their risk tolerance and investment goals. LPL Financial Holdings Inc. provides retirement solutions for commission-and fee-based services, allowing advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. This can be beneficial for investors planning for their retirement and seeking professional guidance. The company offers technology products such as proposal generation, investment analytics, and portfolio modeling, which can assist investors in managing their investments more effectively and making informed decisions. Recent developments indicate that LPL Financial Holdings Inc. has a strong financial performance, with positive earnings reported in the most recent quarter. This suggests that the company is performing well and may be a promising investment option. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: The stock price of LPL Financial Holdings Inc. has experienced volatility in the past, and there is a risk that it may continue to fluctuate in the future. Investors should carefully consider their risk tolerance before investing in the company. As an investment banking and brokerage company, LPL Financial Holdings Inc. operates in the capital markets industry, which can be influenced by various economic factors and market conditions. Investors should be aware of the potential risks associated with this industry. The company has a debt-to-equity ratio of 1.49, which indicates that it has a significant amount of debt. Investors should consider the potential impact of this debt on the company's financial stability and ability to generate returns. While LPL Financial Holdings Inc. offers a wide range of investment options, investors should carefully evaluate the performance and risks associated with each investment product before making investment decisions. It is important for investors to conduct thorough research and analysis of LPL Financial Holdings Inc. and its financial performance, as well as consider their own investment goals and risk tolerance, before making any investment decisions. LPLA Stock Analysis - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LPLA shares. View LPLA analyst ratings or view top-rated stocks. What is LPL Financial's stock price target for 2024? 10 brokers have issued 1-year price targets for LPL Financial's shares. Their LPLA share price targets range from $192.00 to $290.00. On average, they predict the company's stock price to reach $251.73 in the next year. This suggests a possible upside of 14.1% 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 beginning of the year. Since then, LPLA stock has increased by 2.1% and is now trading at $220.62. View the best growth stocks for 2023 here. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. 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, 26th. The financial services provider reported $3.74 EPS for the quarter, beating analysts' consensus estimates of $3.59 by $0.15. The financial services provider earned $2.52 billion during the quarter, compared to the consensus estimate of $2.51 billion. LPL Financial had a trailing twelve-month return on equity of 60.49% and a net margin of 11.99%. LPL Financial's revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.13 earnings per share. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial announced a quarterly dividend on Thursday, October 26th. Investors of record on Thursday, November 9th will be paid a dividend of $0.30 per share on Monday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Wednesday, November 8th. 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 0.54%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 7.49% next year. This indicates that the company will be able to sustain or increase its dividend. 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 iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), AdvisorShares Gerber Kawasaki ETF (GK), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND), Proshares Equities For Rising Rates ETF (EQRR), Nuveen ESG Mid-Cap Growth ETF (NUMG), SPDR S&P Capital Markets ETF (KCE) and Global X Guru Index ETF (GURU). 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). Who are LPL Financial's major shareholders? LPL Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include WCM Investment Management LLC (3.25%), FMR LLC (3.01%), Kayne Anderson Rudnick Investment Management LLC (2.84%), Lone Pine Capital LLC (2.43%), Clarkston Capital Partners LLC (1.97%) and JPMorgan Chase & Co. (1.59%). Insiders that own company stock include Aneri Jambusaria, Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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 12/5/2023 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. 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