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NASDAQ:LPLA

LPL Financial Stock Forecast, Price & News

$78.96
+0.03 (+0.04 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$78.60
Now: $78.96
$80.06
50-Day Range
$78.58
MA: $81.65
$85.09
52-Week Range
$32.01
Now: $78.96
$99.60
Volume756,395 shs
Average Volume820,490 shs
Market Capitalization$6.24 billion
P/E Ratio12.55
Dividend Yield1.27%
Beta1.48
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 financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and 529 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides fee-based 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 cash sweep programs; 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; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. 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 1968 and is based in Boston, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.6Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars


Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:LPLA
CUSIP50212V10
Phone800-877-7210

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.62 billion
Cash Flow$9.61 per share
Book Value$12.67 per share

Profitability

Net Income$559.88 million

Miscellaneous

Employees4,343
Market Cap$6.24 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$78.96
+0.03 (+0.04 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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LPL Financial (NASDAQ:LPLA) Frequently Asked Questions

How has LPL Financial's stock price been impacted by COVID-19?

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LPLA shares have increased by 36.2% and is now trading at $78.96.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of LPL Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for LPL Financial
.

When is LPL Financial's next earnings date?

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for LPL Financial
.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings data on Thursday, July, 30th. The financial services provider reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.11. The financial services provider earned $1.37 billion during the quarter, compared to analyst estimates of $1.38 billion. LPL Financial had a net margin of 9.06% and a return on equity of 54.13%.
View LPL Financial's earnings history
.

How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial?

LPL Financial declared a quarterly dividend on Tuesday, August 4th. Investors of record on Friday, August 14th will be paid a dividend of $0.25 per share on Friday, August 28th. This represents a $1.00 annualized dividend and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, August 13th.
View LPL Financial's dividend history
.

What price target have analysts set for LPLA?

9 Wall Street analysts have issued 1 year price objectives for LPL Financial's shares. Their forecasts range from $72.00 to $118.50. On average, they anticipate LPL Financial's stock price to reach $89.94 in the next year. This suggests a possible upside of 13.9% from the stock's current price.
View analysts' price targets for LPL Financial
.

Are investors shorting LPL Financial?

LPL Financial saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,220,000 shares, a decline of 28.2% from the August 15th total of 1,700,000 shares. Based on an average trading volume of 664,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the company's stock are sold short.
View LPL Financial's Short Interest
.

Who are some of LPL Financial's key competitors?

What other stocks do shareholders of LPL Financial own?

Who are LPL Financial's key executives?

LPL Financial's management team includes the following people:
  • Mr. Dan Hogan Arnold Jr., Pres, CEO & Director (Age 55)
  • Mr. Matthew Jon Audette, Chief Financial Officer (Age 44)
  • Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 49)
  • Mr. Scott Seese, MD & Chief Information Officer (Age 48)
  • Mr. Richard Steinmeier, MD & Divisional Pres of Bus. Devel. (Age 45)

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.44%), Bank of New York Mellon Corp (2.94%), Clarkston Capital Partners LLC (2.78%), Fairview Capital Investment Management LLC (2.49%), FMR LLC (1.84%) and ArrowMark Colorado Holdings LLC (1.13%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Thomas Gooley and Tracy Calder.
View institutional ownership trends for LPL Financial
.

Which institutional investors are selling LPL Financial stock?

LPLA stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., FMR LLC, Vanguard Group Inc., Frontier Capital Management Co. LLC, Barclays PLC, AQR Capital Management LLC, APG Asset Management N.V., and First Trust Advisors LP. 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, Richard Steinmeier, and Tracy Calder.
View insider buying and selling activity for LPL Financial
.

Which institutional investors are buying LPL Financial stock?

LPLA stock was purchased by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Prudential Financial Inc., William Blair Investment Management LLC, Marshall Wace LLP, Reinhart Partners Inc., Bank of New York Mellon Corp, Federated Hermes Inc., and Hudson Bay Capital Management LP.
View insider buying and selling activity for LPL Financial
.

How do I buy shares of 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.

What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $78.96.

How big of a company is LPL Financial?

LPL Financial has a market capitalization of $6.24 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 4,343 workers across the globe.

What is LPL Financial's official website?

The official website for LPL Financial is www.lpl.com.

How can I contact LPL Financial?

LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The financial services provider can be reached via phone at 800-877-7210 or via email at [email protected]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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