NASDAQ:LPLA LPL Financial - LPLA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LPL Financial Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $218.48 +2.01 (+0.93%) (As of 09/30/2022 12:00 AM ET) Add Compare Share Share Today's Range$215.09▼$223.5450-Day Range$194.12▼$233.2052-Week Range$140.65▼$236.58Volume787,780 shsAverage Volume821,517 shsMarket Capitalization$17.43 billionP/E Ratio35.30Dividend Yield0.46%Price Target$235.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside7.9% Upside$235.83 Price TargetShort InterestHealthy2.63% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment1.45Based on 9 Articles This WeekInsider TradingSelling Shares$14.68 M Sold Last QuarterProj. Earnings Growth61.55%From $10.43 to $16.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsFinance Sector533rd out of 926 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry7th out of 9 stocks 1.4 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $235.83, LPL Financial has a forecasted upside of 7.9% from its current price of $218.48.Amount of Analyst CoverageLPL Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.63% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently increased by 2.97%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.46%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 5.93% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.6 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for LPL Financial this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.MarketBeat Follows5 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,682,118.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of LPL Financial is held by insiders. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 61.55% in the coming year, from $10.43 to $16.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 35.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 35.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.12.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 10.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LPL Financial (NASDAQ:LPLA) StockLPL 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.Read More Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Stock News HeadlinesSeptember 29, 2022 | finance.yahoo.comLPL Financial Launches New Bookkeeping ServicesSeptember 28, 2022 | finance.yahoo.comFinancial Advisor Marianela Silva Joins LPL FinancialSeptember 27, 2022 | finance.yahoo.comLPL Financial Announces Research Team AppointmentsSeptember 26, 2022 | finance.yahoo.comPete Dorsey Joins LPL as Executive Vice President, Institution ServicesSeptember 26, 2022 | finance.yahoo.comVero Wealth Management Becomes 25th Team to Join Linsco by LPL FinancialSeptember 25, 2022 | finance.yahoo.comLPL Financial Holdings' (NASDAQ:LPLA) five-year total shareholder returns outpace the underlying earnings growthSeptember 23, 2022 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Hits New 12-Month High at $236.25September 22, 2022 | finance.yahoo.comLPL Financial Reports Monthly Activity for August 2022September 22, 2022 | finance.yahoo.comLPL Financial Wins the Gold From Brandon Hall Group for Best Advanced Leadership DevelopmentSeptember 22, 2022 | americanbankingnews.comAnalysts Set LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target at $235.83September 20, 2022 | finance.yahoo.comWomen-Led Oregon Team Joins LPL FinancialSeptember 19, 2022 | finance.yahoo.comLPL Recognized for Excellence in Technology Innovations and Diversity InitiativesSeptember 15, 2022 | finance.yahoo.comLPL Financial, Kaplan Announce Strategic Educational AgreementSeptember 13, 2022 | finance.yahoo.comMultigenerational Financial Advisor Team Joins Linsco by LPL FinancialSeptember 9, 2022 | finance.yahoo.comMorningstar Lists Stocks That Benefit from Rising RatesSeptember 8, 2022 | finance.yahoo.comBroadway Wealth Management Joins Linsco by LPL FinancialSeptember 8, 2022 | finance.yahoo.comIs it a Smart Move to Invest in LPL Financial Holdings (LPLA)?August 29, 2022 | finance.yahoo.comIBD Screen Of The Day: Top-Notch Financial Stocks Make Relative Strength ListAugust 26, 2022 | finance.yahoo.comPeople’s United Joins LPL Financial’s Institution Services PlatformAugust 24, 2022 | finance.yahoo.comFinancial Advisor My Ton Opens Texas Office With LPL Affiliated Intrua FinancialAugust 19, 2022 | finance.yahoo.comWhat Makes LPL Financial Holdings Inc. (LPLA) a New Strong Buy StockAugust 19, 2022 | finance.yahoo.com5 Stocks the Smart Money Bought Up in the Second QuarterAugust 19, 2022 | nasdaq.comInsiders who bought LPL Financial Holdings Inc. (NASDAQ:LPLA) last year must be regretting not buying more as market cap hits US$19bAugust 18, 2022 | finance.yahoo.comLPL Financial Reports Monthly Activity for July 2022August 17, 2022 | finance.yahoo.comHere's Why LPL Financial Holdings Inc. (LPLA) is a Great Momentum Stock to BuySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Company Calendar Last Earnings8/02/2022Ex-Dividend for 8/31 Dividend8/16/2022Dividend Payable8/31/2022Today10/01/2022Next Earnings (Estimated)10/27/2022Fiscal Year End12/31/2022Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees5,900Year Founded1989Price Target and Rating Average Stock Price Forecast$235.83 High Stock Price Forecast$270.00 Low Stock Price Forecast$184.00 Forecasted Upside/Downside+7.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$6.19 Trailing P/E Ratio35.30 Forward P/E Ratio20.95 P/E Growth0.56Net Income$459.87 million Net Margins6.15% Pretax Margin8.03% Return on Equity36.15% Return on Assets7.99% Debt Debt-to-Equity Ratio1.48 Current Ratio1.85 Quick Ratio1.85 Sales & Book Value Annual Sales$7.72 billion Price / Sales2.26 Cash Flow$10.20 per share Price / Cash Flow21.41 Book Value$20.84 per share Price / Book10.48Miscellaneous Outstanding Shares79,770,000Free Float78,494,000Market Cap$17.43 billion OptionableOptionable Beta0.94 Social Links Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 58)B.S., CPA, M.B.A., Pres, CEO & Director Comp: $4.31MMr. Matthew Jon Audette B.S. (Age 47)Chief Financial Officer Comp: $2MMr. Richard Steinmeier (Age 48)MD & Divisional Pres of Bus. Devel. Comp: $1.81MMr. Dayton Semerjian (Age 57)MD & Chief Customer Care Officer Comp: $1.34MMs. Judith Kohoskie RickettsExec. VP of OperationsMr. Brent Blain Simonich (Age 51)Exec. VP, Chief Accounting Officer & Treasurer Mr. Greg GatesMD and Chief Technology & Information OfficerMr. Chris KoegelSr. VP of Investor RelationsMs. Michelle B. Oroschakoff (Age 60)Chief Legal Officer, MD of Compliance and Legal & Risk Ms. Sallie R. Larsen B.A. (Age 68)M.A., MD & Chief Human Capital Officer More ExecutivesKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICECME GroupNASDAQ:CMEView All CompetitorsInsiders & InstitutionsFederated Hermes Inc.Sold 132,361 shares on 9/16/2022Ownership: 0.173%Brown Advisory Inc.Sold 530 shares on 9/13/2022Ownership: 0.005%AmundiBought 39,144 shares on 9/2/2022Ownership: 0.049%Intersect Capital LLCSold 254 shares on 9/2/2022Ownership: 0.005%Verition Fund Management LLCBought 13,851 shares on 8/30/2022Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions 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 year. There are currently 1 hold rating and 5 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 2022? 6 Wall Street research analysts have issued twelve-month price objectives for LPL Financial's shares. Their LPLA share price forecasts range from $184.00 to $270.00. On average, they anticipate the company's stock price to reach $235.83 in the next year. This suggests a possible upside of 7.9% 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 start of the year. Since then, LPLA shares have increased by 36.5% and is now trading at $218.48. View the best growth stocks for 2022 here. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its earnings results on Tuesday, August, 2nd. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.23. The financial services provider had revenue of $2.04 billion for the quarter. LPL Financial had a trailing twelve-month return on equity of 36.15% and a net margin of 6.15%. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Tuesday, August 2nd. Stockholders of record on Wednesday, August 17th will be paid a dividend of $0.25 per share on Wednesday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, August 16th. 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 0.46%. The dividend payout ratio is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LPLA.