NASDAQ:LPLA - LPL Financial Stock Price, Forecast & News

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

LPL Financial declared a quarterly dividend on Thursday, January 30th. Investors of record on Wednesday, March 18th will be paid a dividend of $0.25 per share on Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Tuesday, March 17th. View LPL Financial's Dividend History.

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings results on Thursday, January, 30th. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.09. The financial services provider had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.44 billion. LPL Financial had a net margin of 9.95% and a return on equity of 59.60%. LPL Financial's quarterly revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.36 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for LPL Financial.

8 brokers have issued twelve-month price targets for LPL Financial's shares. Their forecasts range from $84.13 to $121.00. On average, they anticipate LPL Financial's stock price to reach $102.30 in the next year. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for LPL Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

Headlines about LPLA stock have been trending somewhat positive recently, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LPL Financial earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for LPL Financial.

LPL Financial saw a decline in short interest in the month of February. As of February 14th, there was short interest totalling 1,110,000 shares, a decline of 6.7% from the January 30th total of 1,190,000 shares. Based on an average daily volume of 523,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.4% of the shares of the company are short sold. View LPL Financial's Current Options Chain.

Some companies that are related to LPL Financial include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Ford Motor (F), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL).

LPL Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (11.93%), Samlyn Capital LLC (4.26%), FMR LLC (2.97%), Bank of New York Mellon Corp (2.24%), Fairview Capital Investment Management LLC (1.77%) and Clarkston Capital Partners LLC (1.70%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Lord Abbett & CO. LLC, Los Angeles Capital Management & Equity Research Inc., Janus Henderson Group PLC, FMR LLC, ArrowMark Colorado Holdings LLC, WBI Investments Inc. and Schonfeld Strategic Advisors LLC. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was acquired by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Westfield Capital Management Co. LP, Bank of New York Mellon Corp, Victory Capital Management Inc., Man Group plc, Hennessy Advisors Inc., Victory Capital Management Inc. and Strycker View Capital 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, Robinhood, Fidelity and Charles Schwab.

One share of LPLA stock can currently be purchased for approximately $83.29.

LPL Financial has a market capitalization of $6.63 billion and generates $5.62 billion in revenue each year. The financial services provider earns $559.88 million in net income (profit) each year or $7.18 on an earnings per share basis. LPL Financial employs 4,229 workers across the globe.View Additional Information About LPL Financial.

The official website for LPL Financial is http://www.lpl.com/.

LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The financial services provider can be reached via phone at 617-423-3644 or via email at [email protected]