LPL Financial - LPLA Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" LPLA shares.
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8 equities research analysts have issued 1 year target prices for LPL Financial's shares. Their LPLA share price forecasts range from $230.00 to $290.00. On average, they anticipate the company's stock price to reach $260.88 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price.
View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts.

LPL Financial's stock was trading at $216.17 at the beginning of the year. Since then, LPLA stock has decreased by 4.9% and is now trading at $205.64.
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LPL Financial saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 1,010,000 shares, a decline of 9.8% from the February 13th total of 1,120,000 shares. Based on an average trading volume of 696,700 shares, the short-interest ratio is presently 1.4 days. Currently, 1.3% of the shares of the company are short sold.
View LPL Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LPLA earnings forecast.

LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.05. The financial services provider earned $2.02 billion during the quarter, compared to analysts' expectations of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 48.38% and a net margin of 9.83%. The company's quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter last year, the company posted $1.44 EPS.

LPL Financial declared a quarterly dividend on Thursday, February 2nd. Investors of record on Tuesday, March 14th will be given a dividend of $0.30 per share on Tuesday, March 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date is Monday, March 13th. This is a boost from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for LPLA.

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), Innovator IBD 50 ETF (FFTY), Argent Mid Cap ETF (AMID), First Trust Growth Strength ETF (FTGS), Nuveen ESG Mid-Cap Growth ETF (NUMG) and Innovator IBD Breakout Opportunities ETF (BOUT).

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 11.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPLA.

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.

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).

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

LPL Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (119.59%), WCM Investment Management LLC (3.21%), Alliancebernstein L.P. (1.69%), Geode Capital Management LLC (1.67%), Egerton Capital UK LLP (1.54%) and JPMorgan Chase & Co. (1.52%). 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.
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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.
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One share of LPLA stock can currently be purchased for approximately $205.64.

LPL Financial (NASDAQ:LPLA) has a market capitalization of $16.18 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 $10.42 on an earnings per share basis.

The company employs 6,900 workers across the globe.

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.