NASDAQ:LPLALPL Financial Stock Price, Forecast & News

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LPLA shares have increased by 32.0% and is now trading at $76.54. View which stocks have been most impacted by Coronavirus.

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.

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings results on Thursday, April, 30th. The financial services provider reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.36. The financial services provider earned $1.46 billion during the quarter, compared to analysts' expectations of $1.44 billion. LPL Financial had a net margin of 9.80% and a return on equity of 59.55%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.93 EPS. View LPL Financial's earnings history.

LPL Financial announced a quarterly dividend on Monday, May 11th. Investors of record on Thursday, May 28th will be given a dividend of $0.25 per share on Friday, June 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Wednesday, May 27th. View LPL Financial's dividend history.

9 brokerages have issued 12-month target prices for LPL Financial's stock. Their forecasts range from $72.00 to $110.00. On average, they anticipate LPL Financial's share price to reach $87.33 in the next year. This suggests a possible upside of 14.1% from the stock's current price. View analysts' price targets for LPL Financial.

Media stories about LPLA stock have trended neutral this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. LPL Financial earned a news impact score of 0.2 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about LPL Financial.

LPL Financial saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,590,000 shares, an increase of 139.8% from the June 15th total of 1,080,000 shares. Based on an average daily trading volume, of 933,300 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.3% of the shares of the stock are short sold. View LPL Financial's Current Options Chain.

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), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

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), Cornerstone Strategic Value Fund (CLM), Ford Motor (F), SunCoke Energy Partners (SXCP), Martin Midstream Partners (MMLP) and BP Prudhoe Bay Royalty Trust (BPT).

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

LPL Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.21%), Envestnet Asset Management Inc. (0.03%), Fulton Bank N. A. (0.02%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). 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.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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.

LPLA stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Fulton Bank N. A., and Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity 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 $76.54.

LPL Financial has a market capitalization of $6.04 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.

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

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]