NASDAQ:LPLALPL Financial Stock Price, Forecast & News

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LPLA shares have increased by 27.9% and is now trading at $74.14. 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) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $2.06 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.70 by $0.36. The financial services provider had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.44 billion. LPL Financial had a return on equity of 59.55% and a net margin of 9.80%. LPL Financial'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 earnings per share. View LPL Financial's earnings history.

LPL Financial declared a quarterly dividend on Monday, May 11th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.25 per share on Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Wednesday, May 27th. View LPL Financial's dividend history.

9 brokerages have issued 1-year price objectives for LPL Financial's shares. Their forecasts range from $70.00 to $110.00. On average, they expect LPL Financial's stock price to reach $85.89 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for LPL Financial.

Media stories about LPLA stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LPL Financial earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about LPL Financial.

LPL Financial saw a increase in short interest during 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 short-interest ratio is currently 2.8 days. Approximately 3.3% of the shares of the company are sold short. 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 many different retail and institutional investors. Top institutional shareholders 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 $74.14.

LPL Financial has a market capitalization of $5.85 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]