LPL Financial Stock Price, News & Analysis (NASDAQ:LPLA)

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

LPL Financial declared a quarterly dividend on Thursday, July 25th. Shareholders of record on Tuesday, August 13th will be given a dividend of $0.25 per share on Friday, August 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Monday, August 12th. View LPL Financial's Dividend History.

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

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $1.85 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.73 by $0.12. The financial services provider earned $1.39 billion during the quarter, compared to analysts' expectations of $1.40 billion. LPL Financial had a net margin of 9.77% and a return on equity of 57.63%. LPL Financial's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.30 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued 1-year price targets for LPL Financial's shares. Their predictions range from $65.00 to $98.00. On average, they anticipate LPL Financial's share price to reach $87.19 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for LPL Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

News stories about LPLA stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LPL Financial earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for LPL Financial.

LPL Financial saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,330,000 shares, an increase of 12.7% from the August 30th total of 1,180,000 shares. Based on an average trading volume of 678,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.6% of the company's stock are short sold. View LPL Financial's Current Options Chain.

Some companies that are related to LPL Financial include Nasdaq (NDAQ), Cboe Global Markets (CBOE), BGC Partners (BGCP), INTL Fcstone (INTL), OTC Markets Group (OTCM), Yintech Investment (YIN), National (NHLD), Global Brokerage (GLBR) and Primus Guaranty (PRSG).

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), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Ford Motor (F) and Navios Maritime Midstream Partners (NAP).

LPL Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.39%), Three Peaks Capital Management LLC (0.07%), Northpointe Capital LLC (0.06%), Hennessy Advisors Inc. (0.05%), Bowling Portfolio Management LLC (0.05%) and Envestnet Asset Management Inc. (0.02%). 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, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., Meeder Asset Management Inc., Cerebellum GP LLC, Bowling Portfolio Management LLC, Zeke Capital Advisors LLC and Hennessy Advisors Inc.. 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, 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 Artemis Investment Management LLP, Three Peaks Capital Management LLC, Coastal Investment Advisors Inc., Garrett Wealth Advisory Group LLC, Cerebellum GP LLC, Campbell & CO Investment Adviser LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC and First Hawaiian Bank. 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 $77.78.

LPL Financial has a market capitalization of $6.40 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 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]