LPL Financial Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LPL Financial stock.
View analyst ratings for LPL Financial or view top-rated stocks.

Wall Street analysts have given LPL Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but LPL Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

LPL Financial saw a decline in short interest in the month of May. As of May 28th, there was short interest totaling 1,090,000 shares, a decline of 12.8% from the May 13th total of 1,250,000 shares. Based on an average daily volume of 496,100 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the company's stock are short sold.
View LPL Financial's Short Interest.

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for LPL Financial.

LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, April, 29th. The financial services provider reported $1.77 EPS for the quarter, beating the Zacks' consensus estimate of $1.64 by $0.13. The financial services provider earned $1.71 billion during the quarter. LPL Financial had a trailing twelve-month return on equity of 39.31% and a net margin of 7.30%.
View LPL Financial's earnings history.

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LPLA shares have increased by 138.2% and is now trading at $138.09.
View which stocks have been most impacted by COVID-19.

LPL Financial declared a quarterly dividend on Monday, May 10th. Investors of record on Monday, May 24th will be given a dividend of $0.25 per share on Monday, June 7th. This represents a $1.00 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Friday, May 21st.
View LPL Financial's dividend history.

LPL Financial pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.72%. LPL Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of LPL Financial is 15.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPL Financial will have a dividend payout ratio of 11.14% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.
View LPL Financial's dividend history.

8 brokers have issued 12-month price targets for LPL Financial's stock. Their forecasts range from $66.00 to $203.00. On average, they expect LPL Financial's stock price to reach $145.72 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for LPL Financial or view top-rated stocks among Wall Street analysts.

171 employees have rated LPL Financial CEO Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among LPL Financial's employees.

Some companies that are related to LPL Financial include Morgan Stanley (MS), The Charles Schwab (SCHW), The Goldman Sachs Group (GS), Raymond James (RJF), Stifel Financial (SF), Evercore (EVR), Lazard (LAZ), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), (FBRC) (FBRC) and Global Brokerage (GLBR).
View all of LPLA's competitors.

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

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

LPL Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (10.08%), BlackRock Inc. (4.51%), Samlyn Capital LLC (3.11%), Kayne Anderson Rudnick Investment Management LLC (2.40%), Southpoint Capital Advisors LP (2.22%) and Fairview Capital Investment Management LLC (1.76%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Scott Seese 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 Samlyn Capital LLC, Alliancebernstein L.P., Bank of New York Mellon Corp, First Pacific Advisors LP, TD Asset Management Inc., Vaughan Nelson Investment Management L.P., Russell Investments Group Ltd., and Great West Life Assurance Co. Can. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, and Scott Seese.
View insider buying and selling activity for LPL Financial or view top insider-selling stocks.

LPLA stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Maverick Capital Ltd., Iridian Asset Management LLC CT, Victory Capital Management Inc., CIBC Private Wealth Group LLC, BlackRock Inc., UBS Asset Management Americas Inc., and Bank of Nova Scotia.
View insider buying and selling activity for LPL Financial or or view top insider-buying stocks.

Shares of LPLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of LPLA stock can currently be purchased for approximately $138.09.

LPL Financial has a market capitalization of $11.04 billion and generates $5.87 billion in revenue each year. The financial services provider earns $472.64 million in net income (profit) each year or $6.46 on an earnings per share basis.

LPL Financial employs 4,756 workers across the globe.

LPL Financial was founded in 1989.

The official website for LPL Financial is www.lpl.com.

LPL Financial is headquartered at 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121.

LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The financial services provider can be reached via phone at 800-877-7210 or via email at [email protected]