NASDAQ:LPLA - LPL Financial Stock Price, News & Analysis

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

LPL Financial declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Tuesday, August 13th will be paid a dividend of $0.25 per share on Friday, August 23rd. This represents a $1.00 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Monday, August 12th. View LPL Financial's Dividend History.

LPL Financial declared that its board has initiated a share buyback plan on Thursday, December 7th 2017, which permits the company to buyback $359,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

LPL Financial Holdings Inc (NASDAQ:LPLA) posted its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $1.85 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.12. The financial services provider earned $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. LPL Financial had a net margin of 9.77% and a return on equity of 57.63%. LPL Financial's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.30 EPS. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for LPL Financial.

7 brokers have issued 1-year target prices for LPL Financial's shares. Their forecasts range from $65.00 to $110.00. On average, they anticipate LPL Financial's stock price to reach $85.8260 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for LPL Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

Press coverage about LPLA stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LPL Financial earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for LPL Financial.

LPL Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,082,100 shares, an increase of 6.7% from the July 31st total of 1,014,200 shares. Based on an average daily trading volume, of 643,900 shares, the days-to-cover ratio is presently 1.7 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), OTC Markets Group (OTCM), Yintech Investment (YIN), National (NHLD) and Primus Guaranty (PRSG).

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), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP) and Government Properties Income Trust (GOV).

LPL Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (12.07%), Vanguard Group Inc. (11.65%), BlackRock Inc. (5.04%), BlackRock Inc. (5.04%), Invesco Ltd. (2.78%) and Southpoint Capital Advisors LP (2.49%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley, 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 Vanguard Group Inc., Southpoint Capital Advisors LP, Victory Capital Management Inc., Clarkston Capital Partners LLC, Picton Mahoney Asset Management, BNP Paribas Arbitrage SA, Janus Henderson Group PLC and Allianz Asset Management GmbH. 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, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Eagle Asset Management Inc., Artemis Investment Management LLP, Carillon Tower Advisers Inc., Los Angeles Capital Management & Equity Research Inc., BlackRock Inc. and BlackRock Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of LPLA stock can currently be purchased for approximately $83.69.

LPL Financial has a market capitalization of $6.89 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 on an earnings per share basis. LPL Financial employs 4,229 workers across the globe.View Additional Information About LPL Financial.

The official website for LPL Financial is http://www.lpl.com/.

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]