LPL Financial Stock Forecast, Price & News

LPL Financial (NASDAQ:LPLA) Frequently Asked Questions

Is LPL Financial a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LPL Financial stock.
View analyst ratings for LPL Financial or view top-rated stocks.

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 166.9% and is now trading at $154.73.
View which stocks have been most impacted by COVID-19.

Are investors shorting LPL Financial?

LPL Financial saw a drop in short interest in the month of October. As of October 29th, there was short interest totaling 1,110,000 shares, a drop of 14.6% from the October 14th total of 1,300,000 shares. Based on an average trading volume of 460,600 shares, the short-interest ratio is currently 2.4 days. Currently, 1.4% of the company's stock are short sold.
View LPL Financial's Short Interest.

When is LPL Financial's next earnings date?

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
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, October, 28th. The financial services provider reported $1.77 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.72 by $0.05. The financial services provider earned $2.02 billion during the quarter, compared to analysts' expectations of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 38.13% and a net margin of 6.43%. The business's revenue was up 38.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.44 earnings per share.
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 Thursday, October 28th. Shareholders of record on Thursday, November 11th will be paid a dividend of $0.25 per share on Monday, November 29th. This represents a $1.00 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Tuesday, November 9th.
View LPL Financial's dividend history.

Is LPL Financial a good dividend stock?

LPL Financial pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.63%. The dividend payout ratio of LPL Financial is 17.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPL Financial will have a dividend payout ratio of 10.83% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.
View LPL Financial's dividend history.

What price target have analysts set for LPLA?

10 brokers have issued 12 month price objectives for LPL Financial's shares. Their forecasts range from $66.00 to $234.00. On average, they expect LPL Financial's share price to reach $166.78 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
View analysts' price targets for LPL Financial or view top-rated stocks among Wall Street analysts.

Who are LPL Financial's key executives?

LPL Financial's management team includes the following people:

• Dan Hogan Arnold, President, Chief Executive Officer & Director
• Judy Ricketts, Executive Vice President-Operations
• Matthew J. Audette, Chief Financial Officer & Managing Director (LinkedIn Profile)
• Greg Gates, MD, Chief Technology & Information Officer
• Michael Wilson, Executive Vice President

What is Dan Arnold's approval rating as LPL Financial's CEO?

171 employees have rated LPL Financial CEO Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among LPL Financial's employees.

Who are some of LPL Financial's key competitors?

Some companies that are related to LPL Financial include Morgan Stanley (MS), Charles Schwab (SCHW), The Goldman Sachs Group (GS), Raymond James (RJF), Stifel Financial (SF), Evercore (EVR), Lazard (LAZ), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), FBR & Co. (FBRC) and Global Brokerage (GLBR).
View all of LPLA's 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 (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 institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (9.75%), BlackRock Inc. (4.52%), Wellington Management Group LLP (3.78%), Kayne Anderson Rudnick Investment Management LLC (2.87%), Clarkston Capital Partners LLC (2.85%) and Eagle Asset Management Inc. (2.42%). Company insiders that own LPL Financial stock include Dan H Arnold, Edward Fandrey, George Burton White, John Andrew Kalbaugh, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen and Scott Seese.
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 Iridian Asset Management LLC CT, Morgan Stanley, Geode Capital Management LLC, BlackRock Inc., Macquarie Group Ltd., Janus Henderson Group PLC, Maverick Capital Ltd., and Invesco Ltd.. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, Edward Fandrey, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, and Scott Seese.
View insider buying and selling activity for LPL Financial or view top insider-selling stocks.

Which major investors are buying LPL Financial stock?

LPLA stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Bank of New York Mellon Corp, Point72 Asset Management L.P., Junto Capital Management LP, Victory Capital Management Inc., Voya Investment Management LLC, Artisan Partners Limited Partnership, and Cramer Rosenthal Mcglynn LLC.
View insider buying and selling activity for LPL Financial or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $154.73.

How much money does LPL Financial make?

LPL Financial has a market capitalization of $12.40 billion and generates $5.87 billion in revenue each year. The financial services provider earns $472.64 million in net income (profit) each year or $5.69 on an earnings per share basis.

How many employees does LPL Financial have?

LPL Financial employs 4,756 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..

When was LPL Financial founded?

LPL Financial was founded in 1989.

What is LPL Financial's official website?

The official website for LPL Financial is www.lpl.com.

Where are LPL Financial's headquarters?

LPL Financial is headquartered at 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121.

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].