NASDAQ:LPLA LPL Financial - LPLA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $235.89 -1.23 (-0.52%) (As of 02/1/2023 12:28 PM ET) Add Compare Share Share Today's Range$235.27▼$239.4950-Day Range$206.94▼$239.9152-Week Range$140.65▼$271.56Volume173,735 shsAverage Volume589,559 shsMarket Capitalization$18.78 billionP/E Ratio30.28Dividend Yield0.43%Price Target$262.63 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside10.6% Upside$262.63 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.68Based on 12 Articles This WeekInsider TradingSelling Shares$1.11 M Sold Last QuarterProj. Earnings Growth70.14%From $11.32 to $19.26 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.3.40 out of 5 starsFinance Sector6th out of 895 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 Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $262.63, LPL Financial has a forecasted upside of 10.6% from its current price of $237.37.Amount of Analyst CoverageLPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.91% 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 decreased by 24.50%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.43%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 12.84%. 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 5.19% 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 3.2 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.68. 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 12 news articles for LPL Financial this week, compared to 5 articles on an average week.Search Interest14 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.MarketBeat Follows7 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 75% 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 sold 452.80% more of their company's stock than they have bought. Specifically, they have bought $201,618.00 in company stock and sold $1,114,539.00 in company stock.Percentage Held by InsidersOnly 1.60% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 70.14% in the coming year, from $11.32 to $19.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 30.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.49.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 30.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 185.06.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.27. 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 11.39. 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 HeadlinesFebruary 1, 2023 | finance.yahoo.comLPL Financial Closes Acquisition of Boenning & ScattergoodFebruary 1, 2023 | americanbankingnews.comLPL Financial (LPLA) Set to Announce Earnings on ThursdayFebruary 1, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.January 30, 2023 | bloomberg.comStreaming Trends, Market Forecast, Ford Mach-E Price Cut (Radio)January 30, 2023 | finance.yahoo.comLPL Financial Welcomes Advisor Jonathan BlakelockJanuary 30, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Sees Significant Drop in Short InterestJanuary 29, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Given Consensus Rating of "Moderate Buy" by AnalystsJanuary 26, 2023 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Price Target Increased to $260.00 by Analysts at JPMorgan Chase & Co.February 1, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.January 25, 2023 | seekingalpha.comLPLA LPL Financial Holdings Inc.January 24, 2023 | finance.yahoo.comLPL Financial Expands Leadership Team With Addition of Senior Client Experience ExecutivesJanuary 23, 2023 | markets.businessinsider.com9 Analysts Have This to Say About LPL Finl HldgsJanuary 23, 2023 | finance.yahoo.comLPL Financial Welcomes New Linsco Teams in Texas and FloridaJanuary 20, 2023 | finance.yahoo.comIs LPL Financial Holdings (LPLA) Stock Over Priced?January 13, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Outpaces Stock Market Gains: What You Should KnowJanuary 12, 2023 | finance.yahoo.comLPL Financial Announces Fourth Quarter 2022 Earnings Release Date and Conference CallJanuary 12, 2023 | finance.yahoo.comLPL Financial Welcomes Fenton Wangler FinancialJanuary 10, 2023 | seekingalpha.comLPL Financial: Shares Show Value And Growth, But Price Action Less CompellingJanuary 9, 2023 | finance.yahoo.comFinancial Advisor David J. Dobrusin Joins LPL FinancialJanuary 4, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Stock Sinks As Market Gains: What You Should KnowJanuary 3, 2023 | finance.yahoo.comLPL Financial Welcomes Advisor Matt IrwinJanuary 3, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Is a Trending Stock: Facts to Know Before Betting on ItDecember 30, 2022 | finance.yahoo.comHere is Why Growth Investors Should Buy LPL Financial Holdings Inc. (LPLA) NowDecember 30, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Interactive Brokers and LPL FinancialDecember 29, 2022 | msn.comLPL Financial Holdings Inc. (LPLA) Gains But Lags Market: What You Should KnowDecember 29, 2022 | msn.comHere's Why LPL Financial Holdings Inc. (LPLA) is a Strong Value StockDecember 29, 2022 | finance.yahoo.comWhy LPL Financial Holdings Inc. (LPLA) is a Top Value Stock for the Long-TermSee 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 11/28 Dividend11/09/2022Dividend Payable11/28/2022Today2/01/2023Next Earnings (Confirmed)2/02/2023Fiscal 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/AEmployees5,900Year Founded1989Price Target and Rating Average Stock Price Forecast$262.63 High Stock Price Forecast$290.00 Low Stock Price Forecast$230.00 Forecasted Upside/Downside+11.3%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$7.79 Trailing P/E Ratio30.28 Forward P/E Ratio20.84 P/E Growth0.27Net Income$459.87 million Net Margins7.59% Pretax Margin9.91% Return on Equity40.28% Return on Assets8.80% Debt Debt-to-Equity Ratio1.36 Current Ratio1.50 Quick Ratio1.50 Sales & Book Value Annual Sales$7.72 billion Price / Sales2.43 Cash Flow$10.26 per share Price / Cash Flow22.99 Book Value$20.84 per share Price / Book11.32Miscellaneous Outstanding Shares79,600,000Free Float78,326,000Market Cap$18.78 billion OptionableOptionable Beta0.92 Social Links Key ExecutivesDan Hogan ArnoldPresident, Chief Executive Officer & DirectorJudy RickettsExecutive Vice President-OperationsMatthew J. AudetteChief Financial Officer & Managing DirectorGreg GatesMD, Chief Technology & Information OfficerBrent B. SimonichTreasurer, Chief Accounting Officer & Executive VPKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICECME GroupNASDAQ:CMEView All CompetitorsInsiders & InstitutionsCookson Peirce & Co. Inc.Bought 975 shares on 1/31/2023Ownership: 0.204%Otter Creek Advisors LLCBought 793 shares on 1/31/2023Ownership: 0.024%Atria Investments IncSold 1,944 shares on 1/31/2023Ownership: 0.014%Leuthold Group LLCSold 68 shares on 1/31/2023Ownership: 0.003%Hutchens & Kramer Investment Management Group LLCSold 462 shares on 1/31/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions LPLA Stock - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LPLA shares. View LPLA analyst ratings or view top-rated stocks. What is LPL Financial's stock price forecast for 2023? 8 equities research analysts have issued 12-month price objectives for LPL Financial's shares. Their LPLA share price forecasts range from $230.00 to $290.00. On average, they predict the company's share price to reach $262.63 in the next twelve months. This suggests a possible upside of 10.8% 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 shares have increased by 9.7% and is now trading at $237.12. View the best growth stocks for 2023 here. Are investors shorting LPL Financial? LPL Financial saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,510,000 shares, a decline of 24.5% from the December 31st total of 2,000,000 shares. Based on an average daily volume of 943,300 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.9% of the company's shares 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 Thursday, February 2nd 2023. View our LPLA earnings forecast. How can I listen to LPL Financial's earnings call? LPL Financial will be holding an earnings conference call on Thursday, February 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its earnings results on Thursday, October, 28th. The financial services provider reported $1.77 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 40.28% and a net margin of 7.59%. The company's revenue was up 38.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.44 EPS. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Thursday, October 27th. Stockholders of record on Thursday, November 10th will be paid a dividend of $0.25 per share on Monday, November 28th. This represents a $1.00 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Wednesday, November 9th. Read our dividend analysis for LPLA. Is LPL Financial a good dividend stock? LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.43%. The dividend payout ratio is 12.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.19% 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 many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.58%), Artemis Investment Management LLP (0.45%), Assenagon Asset Management S.A. (0.34%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Cookson Peirce & Co. Inc. (0.20%) and New York State Common Retirement Fund (0.12%). 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 $237.12. How much money does LPL Financial make? LPL Financial (NASDAQ:LPLA) has a market capitalization of $18.87 billion and generates $7.72 billion in revenue each year. The financial services provider earns $459.87 million in net income (profit) each year or $7.79 on an earnings per share basis. How many employees does LPL Financial have? The company employs 5,900 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 2/1/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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