NASDAQ:LPLA - LPL Financial Stock Price, Price Target & More

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

LPL Financial declared a quarterly dividend on Friday, April 27th. Shareholders of record on Friday, May 18th will be paid a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Thursday, May 17th. View LPL Financial's Dividend History.

LPL Financial declared that its Board of Directors has authorized a share repurchase plan on Thursday, December 7th 2017, which authorizes the company to repurchase $359,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.32. The financial services provider had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.17 billion. LPL Financial had a return on equity of 31.76% and a net margin of 6.33%. The company's revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.52 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for LPL Financial.

10 analysts have issued twelve-month target prices for LPL Financial's shares. Their forecasts range from $60.00 to $92.00. On average, they expect LPL Financial's share price to reach $77.60 in the next year. View Analyst Ratings for LPL Financial.

LPL Financial saw a drop in short interest in May. As of May 31st, there was short interest totalling 1,177,754 shares, a drop of 41.1% from the May 15th total of 1,998,570 shares. Based on an average daily volume of 781,998 shares, the short-interest ratio is currently 1.5 days. Approximately 1.3% of the company's stock are sold short. View LPL Financial's Current Options Chain.

Some companies that are related to LPL Financial include Nasdaq (NDAQ), Cboe Global Markets (CBOE), BGC Partners (BGCP), INTL Fcstone (INTL), Yintech Investment (YIN), OTC Markets Group (OTCM), National (NHLD) and Primus Guaranty (PRSG).

Media coverage about LPLA stock has trended somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LPL Financial earned a daily sentiment score of 0.22 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 46.23 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

LPL Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.48%), First Pacific Advisors LLC (4.35%), Frontier Capital Management Co. LLC (1.93%), Dimensional Fund Advisors LP (1.53%), Point72 Asset Management L.P. (1.11%) and Victory Capital Management Inc. (0.90%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Mark S Casady, Michelle Oroschakoff, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including HMI Capital LLC, First Pacific Advisors LLC, JPMorgan Chase & Co., Victory Capital Management Inc., Three Peaks Capital Management LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd. and Zweig DiMenna Associates LLC. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Michelle Oroschakoff, Tracy Calder and William P Jr Morrissey. View Insider Buying and Selling for LPL Financial.

LPLA stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Westfield Capital Management Co. LP, Mackay Shields LLC, Millennium Management LLC, Clearfield Capital Management LP, Nuveen Asset Management LLC, Point72 Asset Management L.P. and Great Lakes Advisors 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, Scottrade, Fidelity and Charles Schwab.

One share of LPLA stock can currently be purchased for approximately $69.42.

LPL Financial has a market capitalization of $6.21 billion and generates $4.28 billion in revenue each year. The financial services provider earns $238.86 million in net income (profit) each year or $3.00 on an earnings per share basis. LPL Financial employs 3,736 workers across the globe.

LPL Financial's mailing address is 75 STATE STREET, BOSTON MA, 02109. The financial services provider can be reached via phone at 617-423-3644 or via email at [email protected]