LPL Financial Holdings Company Profile (NASDAQ:LPLA)

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

LPL Financial Holdings declared a quarterly dividend on Friday, July 28th. Investors of record on Thursday, August 10th will be paid a dividend of $0.25 per share on Thursday, August 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Tuesday, August 8th. View LPL Financial Holdings' Dividend History.

LPL Financial Holdings Inc. (NASDAQ:LPLA) announced its earnings results on Thursday, July, 27th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.08. The business earned $1.07 billion during the quarter, compared to analyst estimates of $1.05 billion. LPL Financial Holdings had a return on equity of 26.45% and a net margin of 5.10%. LPL Financial Holdings's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS. View LPL Financial Holdings' Earnings History.

LPL Financial Holdings is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for LPL Financial Holdings.

8 brokers have issued 1-year price targets for LPL Financial Holdings' shares. Their forecasts range from $42.00 to $58.00. On average, they expect LPL Financial Holdings' share price to reach $49.75 in the next twelve months. View Analyst Ratings for LPL Financial Holdings.

Here are some recent quotes from research analysts about LPL Financial Holdings stock:

• 1. According to Zacks Investment Research, "LPL Financial Holdings Inc. is engaged in providing 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, general securities, alternative investments, retirement plans, fixed income, and insurance offerings. LPL Financial Holdings Inc., formerly known as LPL Investment Holdings Inc., is based in Boston, Massachusetts. " (10/18/2017)
• 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Hold rating following LPL's February metrics report, which featured strong brokerage and advisory asset growth. We have also increased our 2017/2018 EPS estimates to $2.43/$2.52 from $2.41/$2.47, respectively, to reflect asset growth and higher short-term interest rates, partially offset by higher expected operating costs. Our $42 price target equals 21x 2018E EPS, discounted back 24 months at 12% per year (vs. the 24x historical average)." (3/17/2017)

LPL Financial Holdings saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 1,360,792 shares, an increase of 148.9% from the September 15th total of 546,756 shares. Based on an average daily trading volume, of 624,759 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.5% of the shares of the stock are short sold.

Some companies that are related to LPL Financial Holdings include KKR & Co. L.P. (KKR), Land Securities Group PLC (LSGOF), Zions Bancorporation (ZION), American Financial Group (AFG), Federal Realty Investment Trust (FRT), East West Bancorp (EWBC), Alleghany Corporation (Y), Aercap Holdings N.V. (AER), W.R. Berkley Corporation (WRB), British Land Company PLC Sponsored ADR (BTLCY), Bankinter SA (BKNIY), Macro Bank (BMA), Camden Property Trust (CPT), Macerich Company (The) (MAC), Kimco Realty Corporation (KIM), Scor SE (SCRYY), VEREIT (VER) and American Capital Agency Corp. (AGNC).

LPL Financial Holdings' management team includes the folowing people:

• Dan H. Arnold Jr., President, Chief Executive Officer, Director
• Matthew J. Audette, Chief Financial Officer
• George Burton White, Managing Director, Investor and Investment Solutions and Chief Investment Officer
• Victor P. Fetter, Chief Information Officer, Managing Director
• Tracy Ellen Calder, Deputy Chief Risk Officer, Managing Director
• Michelle B. Oroschakoff, Chief Risk Officer, Managing Director
• David P. Bergers, General Counsel, Managing Director - Legal and Government Relations
• Thomas Gooley, Managing Director - Service, Trading & Operations
• J. Andrew Kalbaugh, Managing Director, Divisional President, National Sales and Consulting
• Sallie R. Larsen, Managing Director, Chief Human Capital Officer

LPL Financial Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include Quantitative Systematic Strategies LLC (0.04%). Company insiders that own LPL Financial Holdings stock include Dan H Arnold, George Burton White, Group Holdings (Sbs) Advis Tpg, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Tracy Calder, Viet D Dinh and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial Holdings.

LPL Financial Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC. View Insider Buying and Selling for LPL Financial Holdings.

Shares of LPL Financial Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of LPL Financial Holdings stock can currently be purchased for approximately $53.47.