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.
Industry, Sector and Symbol
Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone617-423-3644
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.19 billion
Profitability
Miscellaneous
Employees4,229
Next Earnings Date5/2/2019 (Confirmed)
OptionableOptionable
LPL Financial (NASDAQ:LPLA) Frequently Asked Questions
What is LPL Financial's stock symbol?
LPL Financial trades on the NASDAQ under the ticker symbol "LPLA."
How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial?
LPL Financial announced a quarterly dividend on Friday, February 1st. Stockholders of record on Friday, March 15th will be paid a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, March 14th. View LPL Financial's Dividend History.
How will LPL Financial's stock buyback program work?
LPL Financial announced that its Board of Directors has initiated a share buyback plan on Thursday, December 7th 2017, which authorizes the company to repurchase $359,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.
How were LPL Financial's earnings last quarter?
LPL Financial Holdings Inc (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, January, 31st. The financial services provider reported $1.49 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.37 by $0.12. The financial services provider had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.36 billion. LPL Financial had a return on equity of 46.58% and a net margin of 8.47%. View LPL Financial's Earnings History.
When is LPL Financial's next earnings date?
How can I listen to LPL Financial's earnings call?
LPL Financial will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8776779122.
What price target have analysts set for LPLA?
9 brokers have issued 1-year target prices for LPL Financial's stock. Their forecasts range from $65.00 to $100.00. On average, they anticipate LPL Financial's share price to reach $80.50 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for LPL Financial.
What is the consensus analysts' recommendation for LPL Financial?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.
Has LPL Financial been receiving favorable news coverage?
Media stories about LPLA stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LPL Financial earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
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 folowing 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. Chris Koegel, Sr. VP of Investor Relations
Who are LPL Financial's major shareholders?
LPL Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include Northpointe Capital LLC (0.07%), Hennessy Advisors Inc. (0.06%), Bowling Portfolio Management LLC (0.04%), TrimTabs Asset Management LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Meeder Asset Management Inc. (0.02%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.
Which major investors are selling LPL Financial stock?
LPLA stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Bank of The West, Eqis Capital Management Inc., Raymond James Trust N.A., Contravisory Investment Management Inc. and Oakbrook Investments 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, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.
Which major investors are buying LPL Financial stock?
LPLA stock was acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Meeder Asset Management Inc., State of Alaska Department of Revenue, Sciencast Management LP, Northpointe Capital LLC, Strs Ohio, Silverleafe Capital Partners LLC and Calamos Advisors LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is LPL Financial's stock price today?
One share of LPLA stock can currently be purchased for approximately $74.36.
How big of a company is LPL Financial?
LPL Financial has a market capitalization of $6.27 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 on an earnings per share basis. LPL Financial employs 4,229 workers across the globe.
What is LPL Financial's official website?
How can I contact LPL Financial?
LPL Financial's mailing address is 75 STATE STREET 22ND FLOOR, BOSTON MA, 02109. The financial services provider can be reached via phone at 617-423-3644 or via email at [email protected]
MarketBeat Community Rating for LPL Financial (NASDAQ LPLA)
MarketBeat's community ratings are surveys of what our community members think about LPL Financial and other stocks. Vote "Outperform" if you believe LPLA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LPLA will underperform the S&P 500 over the long term. You may vote once every thirty days.
