NASDAQ:LPLA LPL Financial Stock Forecast, Price & News Adding Choose a 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. Log In and Add $78.96 +0.03 (+0.04 %) (As of 09/18/2020 07:49 PM ET) Add Compare Share Today's Range$78.60Now: $78.96▼$80.0650-Day Range$78.58MA: $81.65▼$85.0952-Week Range$32.01Now: $78.96▼$99.60Volume756,300 shsAverage Volume820,489 shsMarket Capitalization$6.24 billionP/E Ratio12.55Dividend Yield1.27%Beta1.48 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and 529 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides fee-based advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers cash sweep programs; and retirement solutions for commission- and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1968 and is based in Boston, Massachusetts.Read More Beat the Market (BTM) Rank™ 2.6 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $89.94, LPL Financial has a forecasted upside of 13.9% from its current price of $78.96.Amount of Analyst CoverageLPL Financial has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesLPL Financial has received 412 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLPL Financial has received 570 “underperform” votes. (Add your “underperform” vote.)Community SentimentLPL Financial has received 58.04% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about LPL Financial and other stocks. Vote “Outperform” if you believe LPLA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LPLA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 1.27%, 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 13.93%. 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 16.26% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 1.0 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 $3,363,577.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions96.38% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 2.16% in the coming year, from $6.02 to $6.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 12.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.73.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 12.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.77.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 6.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.6Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.84 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA Previous Symbol CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone800-877-7210Debt Debt-to-Equity Ratio2.22 Current Ratio1.29 Quick Ratio1.29Price-To-Earnings Trailing P/E Ratio12.55 Forward P/E Ratio13.12 P/E GrowthN/A Sales & Book Value Annual Sales$5.62 billion Price / Sales1.11 Cash Flow$9.33 per share Price / Cash Flow8.46 Book Value$12.67 per share Price / Book6.23Profitability EPS (Most Recent Fiscal Year)$7.18 Net Income$559.88 million Net Margins9.06% Return on Equity54.13% Return on Assets9.53%Miscellaneous Employees4,343 Outstanding Shares79,090,000Market Cap$6.24 billion Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $78.96 +0.03 (+0.04 %) (As of 09/18/2020 07:49 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive LPLA News and Ratings via Email Sign-up to receive the latest news and ratings for LPLA and its competitors with MarketBeat's FREE daily newsletter. LPL Financial (NASDAQ:LPLA) Frequently Asked Questions How has LPL Financial's stock price been impacted by COVID-19? 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. Since then, LPLA shares have increased by 36.2% and is now trading at $78.96. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of LPL Financial? 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. When is LPL Financial's next earnings date? LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for LPL Financial. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, July, 30th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.11. The financial services provider had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. LPL Financial had a net margin of 9.06% and a return on equity of 54.13%. View LPL Financial's earnings history. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 14th will be given a dividend of $0.25 per share on Friday, August 28th. This represents a $1.00 annualized dividend and a yield of 1.27%. The ex-dividend date is Thursday, August 13th. View LPL Financial's dividend history. What price target have analysts set for LPLA? 9 analysts have issued twelve-month price objectives for LPL Financial's shares. Their forecasts range from $72.00 to $118.50. On average, they anticipate LPL Financial's stock price to reach $89.94 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for LPL Financial. Are investors shorting LPL Financial? LPL Financial saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,220,000 shares, a drop of 28.2% from the August 15th total of 1,700,000 shares. Based on an average daily trading volume, of 664,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the shares of the company are sold short. View LPL Financial's Short Interest. Who are some of LPL Financial's key competitors? 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), Piper Jaffray Companies (PJC), BGC Partners (BGCP), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL) and FBR & Co (FBRC). View all competitors. 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 LP Unit (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). Who are LPL Financial's key executives? LPL Financial's management team includes the following people: Mr. Dan Hogan Arnold Jr., Pres, CEO & Director (Age 55)Mr. Matthew Jon Audette, Chief Financial Officer (Age 44)Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 49)Mr. Scott Seese, MD & Chief Information Officer (Age 48)Mr. Richard Steinmeier, MD & Divisional Pres of Bus. Devel. (Age 45) 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.44%), Bank of New York Mellon Corp (2.94%), Clarkston Capital Partners LLC (2.78%), Fairview Capital Investment Management LLC (2.49%), FMR LLC (1.84%) and ArrowMark Colorado Holdings LLC (1.13%). 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. Which major investors are selling LPL Financial stock? LPLA stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., FMR LLC, Vanguard Group Inc., Frontier Capital Management Co. LLC, Barclays PLC, AQR Capital Management LLC, APG Asset Management N.V., and First Trust Advisors LP. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, and Tracy Calder. View insider buying and selling activity for LPL Financial. Which major investors are buying LPL Financial stock? LPLA stock was purchased by a variety of institutional investors in the last quarter, including Holocene Advisors LP, Prudential Financial Inc., William Blair Investment Management LLC, Marshall Wace LLP, Reinhart Partners Inc., Bank of New York Mellon Corp, Federated Hermes Inc., and Hudson Bay Capital Management LP. View insider buying and selling activity for LPL Financial. How do I buy shares of 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. What is LPL Financial's stock price today? One share of LPLA stock can currently be purchased for approximately $78.96. How big of a company is LPL Financial? LPL Financial has a market capitalization of $6.24 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. What is LPL Financial's official website? The official website for LPL Financial is www.lpl.com. How can I contact LPL Financial? 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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