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3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
China Threat Triggers Potential Mining Boom for Investors (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
China Threat Triggers Potential Mining Boom for Investors (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
China Threat Triggers Potential Mining Boom for Investors (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
NASDAQ:LPLA

LPL Financial - LPLA Stock Forecast, Price & News

$223.42
-12.29 (-5.21%)
(As of 12/5/2022 12:00 AM ET)
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Compare
Today's Range
$221.86
$231.46
50-Day Range
$216.47
$269.17
52-Week Range
$140.65
$271.56
Volume
1.10 million shs
Average Volume
865,378 shs
Market Capitalization
$17.78 billion
P/E Ratio
28.68
Dividend Yield
0.42%
Price Target
$246.86

LPL Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.5% Upside
$246.86 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.28mentions of LPL Financial in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$11.06 M Sold Last Quarter
Proj. Earnings Growth
72.79%
From $11.32 to $19.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.13 out of 5 stars

Finance Sector

124th out of 886 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

3rd out of 10 stocks

LPLA stock logo

About LPL Financial (NASDAQ:LPLA) Stock

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 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides 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 money market 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; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. 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 1989 and is based in San Diego, California.

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LPLA Stock News Headlines

Financial House Joins LPL Financial
Top 5 Growth Stocks to Gain From a Likely Year-End Rally
LPL Financial Reports Monthly Activity for October 2022
Week’s Best: Inflation’s Hidden Upside?
LPL Picks Up $630 Million Team From Wells Fargo FiNet
Artiea Capital Management Joins LPL Financial
7 Analysts Have This to Say About LPL Finl Hldgs
See More Headlines
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LPLA Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 11/28 Dividend
11/09/2022
Dividend Payable
11/28/2022
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/02/2023

Industry, Sector and Symbol

Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
Fax
N/A
Employees
5,900
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$246.86
High Stock Price Forecast
$290.00
Low Stock Price Forecast
$184.00
Forecasted Upside/Downside
+10.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$459.87 million
Pretax Margin
9.91%

Debt

Sales & Book Value

Annual Sales
$7.72 billion
Cash Flow
$9.58 per share
Book Value
$20.84 per share

Miscellaneous

Free Float
78,326,000
Market Cap
$17.78 billion
Optionable
Optionable
Beta
0.90

Social Links


Key Executives

  • Mr. Dan Hogan Arnold Jr. (Age 58)
    B.S., CPA, M.B.A., Pres, CEO & Director
    Comp: $4.31M
  • Mr. Matthew Jon Audette B.S.Mr. Matthew Jon Audette B.S. (Age 47)
    Chief Financial Officer
    Comp: $2M
  • Mr. Richard  SteinmeierMr. Richard Steinmeier (Age 48)
    MD & Divisional Pres of Bus. Devel.
    Comp: $1.81M
  • Mr. Dayton Semerjian (Age 57)
    MD & Chief Customer Care Officer
    Comp: $1.34M
  • Ms. Judith Kohoskie Ricketts
    Exec. VP of Operations
  • Mr. Marc Andrew Zabicki C.F.A.
    Chief Investment Officer
  • Mr. Brent Blain Simonich (Age 51)
    Exec. VP, Chief Accounting Officer & Treasurer
  • Mr. Greg Gates
    MD and Chief Technology & Information Officer
  • Mr. Chris Koegel
    Sr. VP of Investor Relations
  • Ms. Michelle B. OroschakoffMs. Michelle B. Oroschakoff (Age 60)
    Chief Legal Officer, MD of Compliance and Legal & Risk













LPLA Stock - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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?

6 brokers have issued 1-year price objectives for LPL Financial's stock. Their LPLA share price forecasts range from $184.00 to $290.00. On average, they predict the company's stock price to reach $246.86 in the next twelve months. This suggests a possible upside of 10.5% 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 2022?

LPL Financial's stock was trading at $160.09 at the beginning of the year. Since then, LPLA shares have increased by 39.6% and is now trading at $223.42.
View the best growth stocks for 2022 here
.

Are investors shorting LPL Financial?

LPL Financial saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,630,000 shares, a drop of 34.3% from the October 31st total of 2,480,000 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.1% of the shares of the company 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 were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) released its earnings results on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.05. The financial services provider earned $2.02 billion during the quarter, compared to analyst estimates of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 40.28% and a net margin of 7.59%. LPL Financial's revenue was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 EPS.

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

LPL Financial announced 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 dividend on an annualized basis and a dividend yield of 0.45%. 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 0.42%. 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 5.11% 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?
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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.95%), BlackRock Inc. (6.08%), Kayne Anderson Rudnick Investment Management LLC (3.40%), WCM Investment Management LLC (3.00%), Lone Pine Capital LLC (2.49%) and Clarkston Capital Partners LLC (2.34%). Insiders that own company stock include Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, John Andrew Kalbaugh, 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 $223.42.

How much money does LPL Financial make?

LPL Financial (NASDAQ:LPLA) has a market capitalization of $17.78 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 12/6/2022 by MarketBeat.com Staff