NASDAQ:LPLA LPL Financial - LPLA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LPL Financial Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $205.04 -9.76 (-4.54%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$204.84▼$215.1950-Day Range$195.47▼$255.5752-Week Range$165.47▼$271.56Volume872,356 shsAverage Volume915,598 shsMarket Capitalization$16.13 billionP/E Ratio19.68Dividend Yield0.59%Price Target$260.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside27.2% Upside$260.88 Price TargetShort InterestHealthy1.30% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.59Based on 10 Articles This WeekInsider TradingSelling Shares$22.34 M Sold Last QuarterProj. Earnings Growth3.29%From $19.47 to $20.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.36 out of 5 starsFinance Sector111th out of 872 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry3rd out of 10 stocks 4.3 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $260.88, LPL Financial has a forecasted upside of 27.2% from its current price of $205.04.Amount of Analyst CoverageLPL Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.30% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently decreased by 9.82%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.58%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of LPL Financial is 11.52%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 5.97% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.1 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for LPL Financial this week, compared to 6 articles on an average week.Search Interest28 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,341,455.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions94.89% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 3.29% in the coming year, from $19.47 to $20.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 19.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.34.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 19.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.76.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.22. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 7.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LPL Financial (NASDAQ:LPLA) StockLPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices. It provides objective financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. The company was founded in 1989 and is headquartered in San Diego, CA.Read More Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comFinancial Advisor Joaquin Lopez Joins LPL FinancialMarch 21, 2023 | finance.yahoo.comLPL Financial Recognized for Technology Innovation by Bank Insurance Securities AssociationMarch 22, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 20, 2023 | finance.yahoo.comFinancial Advisors Ron Clark, George Brkljacic Join LPL FinancialMarch 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on LPL Financial (NASDAQ:LPLA)March 16, 2023 | americanbankingnews.comJMP Securities Reaffirms "Market Outperform" Rating for LPL Financial (NASDAQ:LPLA)March 16, 2023 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Receives $260.88 Consensus Target Price from AnalystsMarch 16, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for LPL Financial Holdings Inc. Issued By William Blair (NASDAQ:LPLA)March 22, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 15, 2023 | finance.yahoo.comAdvisors Lucas Mijares and Jesse Ettlin Join LPL Financial to Launch Zion Capital Wealth ManagementMarch 13, 2023 | markets.businessinsider.comAnalyst Expectations for LPL Finl Hldgs's FutureMarch 13, 2023 | finance.yahoo.comLPL Financial Welcomes Advisor Nick LalondeMarch 12, 2023 | finance.yahoo.comLPL Financial Holdings Inc. (LPLA)March 10, 2023 | finance.yahoo.comWeek’s Best: Morgan, Schwab in Recruiting Dust-upMarch 9, 2023 | finance.yahoo.comEx-Morgan Stanley Advisor Uses Fee Reductions to Lure Former Clients to LPL, Suit ClaimsMarch 9, 2023 | finance.yahoo.comLPL Financial Welcomes New Linsco Advisor in San DiegoMarch 9, 2023 | finance.yahoo.comAfter Navigating Local Economic Hurdles, Small Businesses Find Their PlaceMarch 8, 2023 | finance.yahoo.comShore (SHBI), Community Financial (TCFC) Get Nod for MergerMarch 6, 2023 | finance.yahoo.comCarnegie Private Wealth Launches With Support of LPL Strategic Wealth ServicesMarch 4, 2023 | finance.yahoo.comLPL Financial Holdings' (NASDAQ:LPLA) 33% CAGR outpaced the company's earnings growth over the same five-year periodMarch 3, 2023 | finance.yahoo.comWeek’s Best: Morgan Stanley Team Bolts to Breakaway RIAMarch 2, 2023 | finance.yahoo.comTwo LPL Financial Attorneys Secure Fellowships at Leadership Council on Legal DiversityMarch 2, 2023 | finance.yahoo.comLPL Financial Welcomes Lanier Wealth ManagementFebruary 28, 2023 | finance.yahoo.comEric Gallinger Joins LPL Financial, Stratos Wealth to Launch Independent FirmFebruary 27, 2023 | finance.yahoo.comMaher Wealth Management Launches With Support of LPL Strategic Wealth ServicesFebruary 27, 2023 | finance.yahoo.comLPL Financial Recruits $440 Million Advisor From Merrill LynchFebruary 23, 2023 | finance.yahoo.comJulian Lopez Joins LPL as Executive Vice President, Independent Advisor ServicesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Company Calendar Last Earnings10/28/2021Ex-Dividend for 3/28 Dividend3/13/2023Today3/22/2023Dividend Payable3/28/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees6,900Year Founded1989Price Target and Rating Average Stock Price Forecast$260.88 High Stock Price Forecast$290.00 Low Stock Price Forecast$230.00 Forecasted Upside/Downside+27.2%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$10.42 Trailing P/E Ratio19.68 Forward P/E Ratio10.53 P/E Growth0.22Net Income$845.70 million Net Margins9.83% Pretax Margin12.93% Return on Equity48.38% Return on Assets10.80% Debt Debt-to-Equity Ratio1.25 Current Ratio1.60 Quick Ratio1.60 Sales & Book Value Annual Sales$3.06 billion Price / Sales5.27 Cash Flow$16.22 per share Price / Cash Flow12.64 Book Value$27.23 per share Price / Book7.53Miscellaneous Outstanding Shares78,674,000Free Float77,415,000Market Cap$16.13 billion OptionableOptionable Beta0.95 Social Links Key ExecutivesDan Hogan ArnoldPresident, Chief Executive Officer & DirectorJudy RickettsExecutive Vice President-OperationsMatthew J. AudetteChief Financial Officer & Managing DirectorGreg GatesMD, Chief Technology & Information OfficerBrent B. SimonichTreasurer, Chief Accounting Officer & Executive VPKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICECitizens Financial GroupNYSE:CFGView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 448 shares on 3/15/2023Ownership: 0.002%Victory Capital Management Inc.Sold 2,534 shares on 3/10/2023Ownership: 0.343%Capital Asset Advisory Services LLCSold 2,226 shares on 3/8/2023Ownership: 0.002%Rockefeller Capital Management L.P.Sold 369 shares on 3/6/2023Ownership: 0.000%Voya Investment Management LLCSold 126,999 shares on 2/28/2023Ownership: 0.818%View All Insider TransactionsView All Institutional Transactions LPLA Stock - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LPLA shares. View LPLA analyst ratings or view top-rated stocks. What is LPL Financial's stock price forecast for 2023? 8 Wall Street analysts have issued twelve-month price targets for LPL Financial's stock. Their LPLA share price forecasts range from $230.00 to $290.00. On average, they expect the company's share price to reach $260.88 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price. View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts. How have LPLA shares performed in 2023? LPL Financial's stock was trading at $216.17 at the beginning of the year. Since then, LPLA shares have decreased by 5.1% and is now trading at $205.04. View the best growth stocks for 2023 here. Are investors shorting LPL Financial? LPL Financial saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 1,010,000 shares, a decline of 9.8% from the February 13th total of 1,120,000 shares. Based on an average daily trading volume, of 696,700 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.3% of the company's shares are sold short. View LPL Financial's Short Interest. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our LPLA earnings forecast. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to analysts' expectations of $2.04 billion. LPL Financial had a net margin of 9.83% and a trailing twelve-month return on equity of 48.38%. The business's quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.44 EPS. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.30 per share on Tuesday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Monday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.25. Read our dividend analysis for LPLA. What ETFs hold LPL Financial's stock? ETFs with the largest weight of LPL Financial (NASDAQ:LPLA) stock in their portfolio include AdvisorShares Gerber Kawasaki ETF (GK), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Future Fund Active ETF (FFND), Innovator IBD 50 ETF (FFTY), Argent Mid Cap ETF (AMID), First Trust Growth Strength ETF (FTGS), Nuveen ESG Mid-Cap Growth ETF (NUMG) and Innovator IBD Breakout Opportunities ETF (BOUT). Is LPL Financial a good dividend stock? LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.58%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LPLA. What is Dan Arnold's approval rating as LPL Financial's CEO? 171 employees have rated LPL Financial Chief Executive Officer Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among the company's employees. What other stocks do shareholders of LPL Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP) and Martin Midstream Partners (MMLP). What is LPL Financial's stock symbol? LPL Financial trades on the NASDAQ under the ticker symbol "LPLA." Who are LPL Financial's major shareholders? LPL Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Moneta Group Investment Advisors LLC (119.59%), WCM Investment Management LLC (3.21%), Alliancebernstein L.P. (1.69%), Geode Capital Management LLC (1.67%), Egerton Capital UK LLP (1.54%) and JPMorgan Chase & Co. (1.52%). Insiders that own company stock include Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Sallie R Larsen, Scott Seese and William Francis Glavin Jr. View institutional ownership trends. How do I buy shares of LPL Financial? Shares of LPLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is LPL Financial's stock price today? One share of LPLA stock can currently be purchased for approximately $205.04. How much money does LPL Financial make? LPL Financial (NASDAQ:LPLA) has a market capitalization of $16.13 billion and generates $3.06 billion in revenue each year. The financial services provider earns $845.70 million in net income (profit) each year or $10.42 on an earnings per share basis. How many employees does LPL Financial have? The company employs 6,900 workers across the globe. Does LPL Financial have any subsidiaries? The following companies are subsidiares of LPL Financial: AW Subsidiary Inc., AdvisoryWorld, AdvisoryWorld, Allen & Company of Florida LLC, Blaze Portfolio Systems LLC, BlazePortfolio, Fortigent Holdings Company Inc., Fortigent LLC, Fortigent LLC, LPL Employee Services LLC, LPL Financial LLC, LPL Holdings Inc., LPL Insurance Associates Inc., Lucia Securities, National Planning Holdings, PTC Holdings Inc., and The Private Trust Company N.A..Read More How can I contact LPL Financial? LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.lpl.com. The financial services provider can be reached via phone at (800) 877-7210 or via email at investor.relations@lpl.com. This page (NASDAQ:LPLA) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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