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 1.44%. The ex-dividend date is Thursday, May 17th. View LPL Financial's Dividend History.

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

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.69 by $0.32. The financial services provider had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion. LPL Financial had a net margin of 6.33% and a return on equity of 31.76%. LPL Financial's revenue was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company 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 Wall Street analysts have issued twelve-month price targets for LPL Financial's stock. 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 twelve months. View Analyst Ratings for LPL Financial.

LPL Financial saw a drop in short interest during the month of 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 trading volume of 781,998 shares, the short-interest ratio is currently 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).

Press coverage about LPLA stock has trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LPL Financial earned a coverage optimism score of 0.10 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 47.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

LPL Financial's stock is owned by a number of of institutional and retail 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 $69.67.

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]