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

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LPLA shares have decreased by 8.7% and is now trading at $52.91. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for LPL Financial.

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for LPL Financial.

LPL Financial Holdings Inc (NASDAQ:LPLA) posted its earnings results on Thursday, January, 30th. The financial services provider reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.09. The financial services provider had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.44 billion. LPL Financial had a return on equity of 59.52% and a net margin of 9.95%. LPL Financial's revenue was up 9.9% compared to the same quarter last year. During the same period last year, the company posted $1.36 earnings per share. View LPL Financial's earnings history.

LPL Financial announced a quarterly dividend on Thursday, January 30th. Stockholders 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 1.89%. The ex-dividend date of this dividend is Tuesday, March 17th. View LPL Financial's dividend history.

8 Wall Street analysts have issued twelve-month price targets for LPL Financial's shares. Their forecasts range from $65.00 to $121.00. On average, they expect LPL Financial's share price to reach $88.00 in the next twelve months. This suggests a possible upside of 66.3% from the stock's current price. View analysts' price targets for LPL Financial.

Media headlines about LPLA stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LPL Financial earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutLPL Financial.

LPL Financial saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,019,200 shares, a decrease of 14.4% from the February 27th total of 1,190,000 shares. Based on an average daily volume of 1,573,300 shares, the short-interest ratio is presently 0.6 days. Approximately 1.3% of the company's stock 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), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), 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 trades on the NASDAQ under the ticker symbol "LPLA."

LPL Financial's stock is owned by many different institutional and retail investors. Top institutional investors 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, 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, and Tracy Calder. View insider buying and selling activity for LPL Financial.

LPLA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Samlyn Capital LLC, Westfield Capital Management Co. LP, Bank of New York Mellon Corp, Victory Capital Management Inc., Man Group plc, Hennessy Advisors Inc., and Victory Capital Management Inc.. View insider buying and selling activity 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 $52.91.

LPL Financial has a market capitalization of $4.21 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 4,343 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]