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. Investors of record on Friday, May 18th will be paid a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 annualized dividend and a yield of 1.44%. The ex-dividend date is Thursday, May 17th. View LPL Financial's Dividend History.

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

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.32. The financial services provider earned $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion. LPL Financial had a net margin of 6.33% and a return on equity of 31.76%. The firm's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the prior year, the business 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 1-year price objectives for LPL Financial's stock. Their predictions range from $60.00 to $92.00. On average, they expect LPL Financial's stock price to reach $77.60 in the next year. View Analyst Ratings for LPL Financial.

LPL Financial saw a decline in short interest in May. As of May 31st, there was short interest totalling 1,177,754 shares, a decline of 41.1% from the May 15th total of 1,998,570 shares. Based on an average daily trading volume, of 781,998 shares, the short-interest ratio is presently 1.5 days. Approximately 1.3% of the company's shares are short sold. 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).

Headlines about LPLA stock have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring 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 closest to one being the most favorable. LPL Financial earned a coverage optimism score of 0.03 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 46.17 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

LPL Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 acquired 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 $69.42.

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]