NASDAQ:LPLA - LPL Financial Stock Price, Price Target & More

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

LPL Financial declared a quarterly dividend on Friday, April 27th. Stockholders of record on Friday, May 18th will be paid a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, May 17th. View LPL Financial's Dividend History.

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

LPL Financial (NASDAQ:LPLA) posted its earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.32. The financial services provider earned $1.24 billion during the quarter, compared to analysts' expectations of $1.17 billion. LPL Financial had a net margin of 6.33% and a return on equity of 31.76%. The company's quarterly revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the business earned $0.52 EPS. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for LPL Financial.

10 analysts have issued 1-year price objectives for LPL Financial's shares. Their forecasts range from $60.00 to $92.00. On average, they anticipate LPL Financial's share price to reach $76.80 in the next year. View Analyst Ratings for LPL Financial.

LPL Financial saw a increase in short interest in April. As of April 13th, there was short interest totalling 1,535,606 shares, an increase of 62.5% from the March 30th total of 945,143 shares. Based on an average trading volume of 1,034,807 shares, the short-interest ratio is currently 1.5 days. Currently, 1.7% of the shares of the company are short sold.

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

News coverage about LPLA stock has trended positive recently, according to Accern. The research firm rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LPL Financial earned a news sentiment score of 0.25 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.89 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

LPL Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.48%), First Pacific Advisors LLC (4.35%), Frontier Capital Management Co. LLC (1.93%), Dimensional Fund Advisors LP (1.53%), Point72 Asset Management L.P. (1.11%) and Victory Capital Management Inc. (0.90%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Michelle Oroschakoff, 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 HMI Capital LLC, First Pacific Advisors LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Three Peaks Capital Management LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd. and Zweig DiMenna Associates LLC. 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, Marco Hellman, Michelle Oroschakoff, Tracy Calder and William P Jr Morrissey. View Insider Buying and Selling for LPL Financial.

LPLA stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Westfield Capital Management Co. LP, Mackay Shields LLC, Millennium Management LLC, Clearfield Capital Management LP, Nuveen Asset Management LLC, Point72 Asset Management L.P. and Great Lakes Advisors 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, Scottrade, Fidelity and Charles Schwab.

One share of LPLA stock can currently be purchased for approximately $71.84.

LPL Financial has a market capitalization of $6.41 billion and generates $4.28 billion in revenue each year. The financial services provider earns $238.86 million in net income (profit) each year or $3.00 on an earnings per share basis. LPL Financial employs 3,736 workers across the globe.

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]