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 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, May 17th. View LPL Financial's Dividend History.

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

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates 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%. The firm's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm 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 brokers have issued 12 month price objectives for LPL Financial's shares. Their predictions 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 decrease in short interest during the month of May. As of May 31st, there was short interest totalling 1,177,754 shares, a decrease 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 presently 1.5 days. Currently, 1.3% of the shares of the 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).

News coverage about LPLA stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LPL Financial earned a media sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

LPL Financial's stock is owned by a number of 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 purchased 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 $69.12.

LPL Financial has a market capitalization of $6.15 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]