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. $234.93 +10.40 (+4.63%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$230.43▼$249.1450-Day Range$206.94▼$239.9152-Week Range$140.65▼$271.56Volume2.07 million shsAverage Volume563,782 shsMarket Capitalization$18.70 billionP/E Ratio22.55Dividend Yield0.43%Price Target$260.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside10.8% Upside$260.25 Price TargetShort InterestHealthy1.91% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.47Based on 24 Articles This WeekInsider TradingSelling Shares$1.11 M Sold Last QuarterProj. Earnings Growth3.63%From $19.27 to $19.97 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.3.14 out of 5 starsFinance Sector20th out of 858 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry1st out of 9 stocks 3.3 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $260.25, LPL Financial has a forecasted upside of 10.8% from its current price of $234.93.Amount of Analyst CoverageLPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.91% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently decreased by 24.50%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.43%, 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 9.60%. 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 5.01% 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 3.0 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for LPL Financial this week, compared to 5 articles on an average week.Search Interest20 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.MarketBeat Follows7 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold 452.80% more of their company's stock than they have bought. Specifically, they have bought $201,618.00 in company stock and sold $1,114,539.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions94.89% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 3.63% in the coming year, from $19.27 to $19.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 22.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.43.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 22.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.77.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.27. 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 11.27. 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. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices. It provides objective financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. The company was founded in 1989 and is headquartered in San Diego, CA.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 HeadlinesFebruary 5, 2023 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Shares Gap Up After Dividend AnnouncementFebruary 3, 2023 | finance.yahoo.comLPL Financial Profit Soars, Advisor Headcount RisesFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! February 3, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About LPL Financial Holdings Inc. (LPLA) Q4 EarningsFebruary 3, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | msn.comLPL Financial Holdings GAAP EPS of $3.95 beats by $0.18, revenue of $2.33B beats by $60MFebruary 2, 2023 | finance.yahoo.comLPL Financial Announces Fourth Quarter and Full Year 2022 ResultsFebruary 2, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Q4 Earnings and Revenues Beat EstimatesFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! February 1, 2023 | msn.comA Preview Of LPL Financial Holdings's EarningsFebruary 1, 2023 | finance.yahoo.comLPL Financial Closes Acquisition of Financial Resources Group Investment ServicesFebruary 1, 2023 | finance.yahoo.comLPL Financial Closes Acquisition of Boenning & ScattergoodFebruary 1, 2023 | americanbankingnews.comLPL Financial (LPLA) Set to Announce Earnings on ThursdayJanuary 30, 2023 | bloomberg.comStreaming Trends, Market Forecast, Ford Mach-E Price Cut (Radio)January 30, 2023 | finance.yahoo.comLPL Financial Welcomes Advisor Jonathan BlakelockJanuary 30, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Sees Significant Drop in Short InterestJanuary 29, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Given Consensus Rating of "Moderate Buy" by AnalystsJanuary 26, 2023 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Price Target Increased to $260.00 by Analysts at JPMorgan Chase & Co.January 25, 2023 | seekingalpha.comLPLA LPL Financial Holdings Inc.January 24, 2023 | finance.yahoo.comLPL Financial Expands Leadership Team With Addition of Senior Client Experience ExecutivesJanuary 23, 2023 | markets.businessinsider.com9 Analysts Have This to Say About LPL Finl HldgsJanuary 23, 2023 | finance.yahoo.comLPL Financial Welcomes New Linsco Teams in Texas and FloridaJanuary 20, 2023 | finance.yahoo.comIs LPL Financial Holdings (LPLA) Stock Over Priced?January 13, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA) Outpaces Stock Market Gains: What You Should KnowJanuary 12, 2023 | finance.yahoo.comLPL Financial Announces Fourth Quarter 2022 Earnings Release Date and Conference CallJanuary 12, 2023 | finance.yahoo.comLPL Financial Welcomes Fenton Wangler FinancialJanuary 10, 2023 | seekingalpha.comLPL Financial: Shares Show Value And Growth, But Price Action Less CompellingSee 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 Earnings10/28/2021Ex-Dividend for 11/28 Dividend11/09/2022Dividend Payable11/28/2022Today2/05/2023Ex-Dividend for 3/28 Dividend3/13/2023Dividend Payable3/28/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get 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$260.25 High Stock Price Forecast$290.00 Low Stock Price Forecast$230.00 Forecasted Upside/Downside+10.8%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$10.42 Trailing P/E Ratio22.55 Forward P/E Ratio12.19 P/E Growth0.27Net Income$459.87 million Net Margins9.83% Pretax Margin9.91% Return on Equity50.38% Return on Assets11.15% Debt Debt-to-Equity Ratio1.36 Current Ratio1.50 Quick Ratio1.50 Sales & Book Value Annual Sales$8.60 billion Price / Sales2.17 Cash Flow$10.11 per share Price / Cash Flow23.23 Book Value$20.84 per share Price / Book11.27Miscellaneous Outstanding Shares79,600,000Free Float78,326,000Market Cap$18.70 billion OptionableOptionable Beta0.93 Social Links Key ExecutivesDan Hogan ArnoldPresident, Chief Executive Officer & DirectorJudy RickettsExecutive Vice President-OperationsMatthew J. AudetteChief Financial Officer & Managing DirectorGreg GatesMD, Chief Technology & Information OfficerBrent B. SimonichTreasurer, Chief Accounting Officer & Executive VPKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICECME GroupNASDAQ:CMEView All CompetitorsInsiders & InstitutionsEFG Asset Management North America Corp.Bought 1,726 shares on 2/3/2023Ownership: 0.023%Pzena Investment Management LLCBought 1,362 shares on 2/3/2023Ownership: 0.004%Convergence Investment Partners LLCSold 63 shares on 2/3/2023Ownership: 0.002%Ellevest Inc.Bought 85 shares on 2/3/2023Ownership: 0.000%U.S. Capital Wealth Advisors LLCBought 150 shares on 2/3/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions LPLA Stock - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 2023? 8 Wall Street research analysts have issued twelve-month price targets for LPL Financial's stock. Their LPLA share price forecasts range from $230.00 to $290.00. On average, they anticipate the company's share price to reach $260.25 in the next year. This suggests a possible upside of 10.8% 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 2023? LPL Financial's stock was trading at $216.17 at the beginning of 2023. Since then, LPLA stock has increased by 8.7% and is now trading at $234.93. View the best growth stocks for 2023 here. Are investors shorting LPL Financial? LPL Financial saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,510,000 shares, a decrease of 24.5% from the December 31st total of 2,000,000 shares. Based on an average daily volume of 943,300 shares, the short-interest ratio is currently 1.6 days. Approximately 1.9% of the company's stock are sold short. View LPL Financial's Short Interest. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its earnings results on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 50.38% and a net margin of 9.83%. The company's quarterly revenue was up 38.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 earnings per share. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Tuesday, March 14th will be paid a dividend of $0.30 per share on Tuesday, March 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Monday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.25. 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 0.45%. The dividend payout ratio is 9.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LPLA. What is Dan Arnold's approval rating as LPL Financial's CEO? 171 employees have rated LPL Financial Chief Executive Officer Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among the company's employees. What other stocks do shareholders of LPL Financial own? 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). What is LPL Financial's stock symbol? LPL Financial trades on the NASDAQ under the ticker symbol "LPLA." Who are LPL Financial's major shareholders? LPL Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.58%), Argent Capital Management LLC (0.47%), Artemis Investment Management LLP (0.45%), Assenagon Asset Management S.A. (0.34%), Bank of Montreal Can (0.28%) and Sumitomo Mitsui Trust Holdings Inc. (0.28%). Insiders that own company stock include Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Sallie R Larsen, Scott Seese and William Francis Glavin Jr. View institutional ownership trends. How do I buy shares of LPL Financial? Shares of LPLA stock 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. What is LPL Financial's stock price today? One share of LPLA stock can currently be purchased for approximately $234.93. How much money does LPL Financial make? LPL Financial (NASDAQ:LPLA) has a market capitalization of $18.70 billion and generates $8.60 billion in revenue each year. The financial services provider earns $459.87 million in net income (profit) each year or $10.42 on an earnings per share basis. How many employees does LPL Financial have? The company employs 5,900 workers across the globe. Does LPL Financial have any subsidiaries? The following companies are subsidiares of LPL Financial: AW Subsidiary Inc., AdvisoryWorld, AdvisoryWorld, Allen & Company of Florida LLC, Blaze Portfolio Systems LLC, BlazePortfolio, Fortigent Holdings Company Inc., Fortigent LLC, Fortigent LLC, LPL Employee Services LLC, LPL Financial LLC, LPL Holdings Inc., LPL Insurance Associates Inc., Lucia Securities, National Planning Holdings, PTC Holdings Inc., and The Private Trust Company N.A..Read More How can I contact LPL Financial? LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.lpl.com. The financial services provider can be reached via phone at (800) 877-7210 or via email at investor.relations@lpl.com. This page (NASDAQ:LPLA) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.