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. Investors of record on Friday, May 18th will be given a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, May 17th. View LPL Financial's Dividend History.

LPL Financial announced that its Board of Directors has approved a stock buyback plan on Thursday, December 7th 2017, which allows the company to repurchase $359,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.

LPL Financial (NASDAQ:LPLA) released its earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.32. The financial services provider had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.17 billion. LPL Financial had a return on equity of 31.76% and a net margin of 6.33%. The business's revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the business posted $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 brokers have issued 12 month price targets 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 during the month of 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 daily trading volume, of 1,034,807 shares, the short-interest ratio is presently 1.5 days. Currently, 1.7% of the company's shares 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).

Media headlines about LPLA stock have been trending somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. LPL Financial earned a news sentiment score of 0.21 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.67 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

LPL Financial's stock is owned by many different 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 purchased 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 $70.95.

LPL Financial has a market capitalization of $6.44 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]