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. Stockholders of record on Friday, May 18th will be given a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date is Thursday, May 17th. View LPL Financial's Dividend History.

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

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.32. The financial services provider earned $1.24 billion during 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%. LPL Financial's revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business posted $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 brokers have issued 12 month price objectives for LPL Financial's stock. Their forecasts range from $60.00 to $92.00. On average, they expect LPL Financial's stock price to reach $77.20 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Ratings for LPL Financial.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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).

News coverage about LPLA stock has been trending positive recently, according to Accern. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LPL Financial earned a media sentiment score of 0.25 on Accern's scale. They also assigned news headlines about the financial services provider an impact score of 45.70 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

LPL Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Clarkston Capital Partners LLC (1.67%), Bank of Montreal Can (0.05%), Amalgamated Bank (0.02%), Xact Kapitalforvaltning AB (0.01%), State of Alaska Department of Revenue (0.01%) and Raymond James Trust N.A. (0.01%). 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 Clarkston Capital Partners LLC and Raymond James Trust N.A.. 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 Bank of Montreal Can, Nisa Investment Advisors LLC, Assenagon Asset Management S.A., Calamos Advisors LLC, Contravisory Investment Management Inc., State of Alaska Department of Revenue, Xact Kapitalforvaltning AB and Amalgamated Bank. 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 $68.80.

LPL Financial has a market capitalization of $6.02 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]