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

LPL Financial trades on the NASDAQ under the ticker symbol "LPLA."

LPL Financial declared a quarterly dividend on Thursday, January 30th. Stockholders of record on Wednesday, March 18th will be paid a dividend of $0.25 per share on Tuesday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Tuesday, March 17th. View LPL Financial's Dividend History.

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings data on Thursday, January, 30th. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.59 by $0.09. The financial services provider had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.44 billion. LPL Financial had a net margin of 9.95% and a return on equity of 59.60%. The firm's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.36 EPS. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for LPL Financial.

8 brokers have issued 12 month target prices for LPL Financial's stock. Their forecasts range from $84.13 to $121.00. On average, they expect LPL Financial's share price to reach $102.30 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for LPL Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

News articles about LPLA stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LPL Financial earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for LPL Financial.

LPL Financial saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,190,000 shares, a drop of 14.4% from the January 15th total of 1,390,000 shares. Based on an average trading volume of 561,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.5% of the shares of the company are sold short. View LPL Financial's Current Options Chain.

Some companies that are related to LPL Financial include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Ford Motor (F), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL).

LPL Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (11.93%), Samlyn Capital LLC (4.26%), FMR LLC (2.97%), Bank of New York Mellon Corp (2.24%), Fairview Capital Investment Management LLC (1.77%) and Clarkston Capital Partners LLC (1.70%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Lord Abbett & CO. LLC, Los Angeles Capital Management & Equity Research Inc., Janus Henderson Group PLC, FMR LLC, ArrowMark Colorado Holdings LLC, WBI Investments Inc. and Schonfeld Strategic Advisors LLC. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was purchased by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Westfield Capital Management Co. LP, Bank of New York Mellon Corp, Victory Capital Management Inc., Man Group plc, Hennessy Advisors Inc., Victory Capital Management Inc. and Strycker View Capital LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of LPLA stock can currently be purchased for approximately $84.47.

LPL Financial has a market capitalization of $6.83 billion and generates $5.62 billion in revenue each year. The financial services provider earns $559.88 million in net income (profit) each year or $7.18 on an earnings per share basis. LPL Financial employs 4,229 workers across the globe.View Additional Information About LPL Financial.

The official website for LPL Financial is http://www.lpl.com/.

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]