NASDAQ:LPLALPL 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 increased by 34.6% and is now trading at $78.05. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 8 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, July 30th 2020. View our earnings forecast for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $2.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.70 by $0.36. The financial services provider earned $1.46 billion during the quarter, compared to the consensus estimate of $1.44 billion. LPL Financial had a return on equity of 59.55% and a net margin of 9.80%. The business's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.93 earnings per share. View LPL Financial's earnings history.

LPL Financial announced a quarterly dividend on Monday, May 11th. Investors of record on Thursday, May 28th will be given a dividend of $0.25 per share on Friday, June 12th. This represents a $1.00 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Wednesday, May 27th. View LPL Financial's dividend history.

9 brokers have issued 1 year price objectives for LPL Financial's stock. Their forecasts range from $70.00 to $110.00. On average, they expect LPL Financial's stock price to reach $85.89 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View analysts' price targets for LPL Financial.

Media headlines about LPLA stock have trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -2.1 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about LPL Financial.

LPL Financial saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,590,000 shares, an increase of 139.8% from the June 15th total of 1,080,000 shares. Based on an average trading volume of 933,300 shares, the short-interest ratio is presently 2.8 days. Approximately 3.3% 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 Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

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), Cornerstone Strategic Value Fund (CLM), Ford Motor (F), SunCoke Energy Partners (SXCP), Martin Midstream Partners (MMLP) and BP Prudhoe Bay Royalty Trust (BPT).

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

LPL Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Reinhart Partners Inc. (0.21%), Fulton Bank N. A. (0.02%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). 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, Richard Steinmeier, Sallie R Larsen, Thomas Gooley and Tracy Calder. View institutional ownership trends for LPL Financial.

LPLA stock was purchased by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Fulton Bank N. A., and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $78.05.

LPL Financial has a market capitalization of $6.16 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.

The official website for LPL Financial is 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 800-877-7210 or via email at [email protected]