NASDAQ:LPLA - LPL Financial Stock Price, News & Analysis

$84.35
+0.14 (+0.17 %)
(As of 09/19/2019 06:18 AM ET)
Today's Range
$82.90
Now: $84.35
$84.52
50-Day Range
$70.59
MA: $76.43
$84.41
52-Week Range
$52.03
Now: $84.35
$89.89
Volume333,066 shs
Average Volume511,241 shs
Market Capitalization$6.94 billion
P/E Ratio15.83
Dividend Yield1.19%
Beta1.37
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. Read More…

Industry, Sector and Symbol

Industry Security & commodity brokers, dealers, exchanges & services
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Current SymbolNASDAQ:LPLA
CUSIP50212V10
Phone617-423-3644

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.19 billion
Cash Flow$7.3797 per share
Book Value$11.23 per share

Profitability

Net Income$439.46 million

Miscellaneous

Employees4,229
Market Cap$6.94 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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LPL Financial (NASDAQ:LPLA) Frequently Asked Questions

What is LPL Financial's stock symbol?

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

How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial?

LPL Financial declared a quarterly dividend on Thursday, July 25th. Investors of record on Tuesday, August 13th will be paid a dividend of $0.25 per share on Friday, August 23rd. This represents a $1.00 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Monday, August 12th. View LPL Financial's Dividend History.

How will LPL Financial's stock buyback program work?

LPL Financial declared that its Board of Directors has initiated a stock buyback program on Thursday, December 7th 2017, which authorizes the company to repurchase $359,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $1.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.73 by $0.12. The financial services provider had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. LPL Financial had a net margin of 9.77% and a return on equity of 57.63%. LPL Financial's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.30 EPS. View LPL Financial's Earnings History.

When is LPL Financial's next earnings date?

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for LPL Financial.

What price target have analysts set for LPLA?

8 brokerages have issued 12 month target prices for LPL Financial's shares. Their forecasts range from $65.00 to $110.00. On average, they expect LPL Financial's share price to reach $87.5217 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for LPL Financial.

What is the consensus analysts' recommendation for LPL Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

Has LPL Financial been receiving favorable news coverage?

Headlines about LPLA stock have trended negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LPL Financial earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for LPL Financial.

Are investors shorting LPL Financial?

LPL Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,082,100 shares, an increase of 6.7% from the July 31st total of 1,014,200 shares. Based on an average trading volume of 643,900 shares, the short-interest ratio is presently 1.7 days. Currently, 1.3% of the company's stock are short sold. View LPL Financial's Current Options Chain.

Who are some of LPL Financial's key competitors?

What other stocks do shareholders of LPL Financial own?

Who are LPL Financial's key executives?

LPL Financial's management team includes the folowing 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)

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (12.07%), Vanguard Group Inc. (11.65%), BlackRock Inc. (5.04%), BlackRock Inc. (5.04%), Invesco Ltd. (2.78%) and Southpoint Capital Advisors LP (2.49%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Marco Hellman, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

Which institutional investors are selling LPL Financial stock?

LPLA stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Southpoint Capital Advisors LP, Victory Capital Management Inc., Clarkston Capital Partners LLC, Picton Mahoney Asset Management, BNP Paribas Arbitrage SA, Janus Henderson Group PLC and Allianz Asset Management GmbH. 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, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

Which institutional investors are buying LPL Financial stock?

LPLA stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Eagle Asset Management Inc., Artemis Investment Management LLP, Carillon Tower Advisers Inc., Los Angeles Capital Management & Equity Research Inc., BlackRock Inc. and BlackRock Inc.. View Insider Buying and Selling 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 $84.35.

How big of a company is LPL Financial?

LPL Financial has a market capitalization of $6.94 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 on an earnings per share basis. LPL Financial employs 4,229 workers across the globe.View Additional Information About LPL Financial.

What is LPL Financial's official website?

The official website for LPL Financial is http://www.lpl.com/.

How can I contact LPL Financial?

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]


MarketBeat Community Rating for LPL Financial (NASDAQ LPLA)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  513 (Vote Underperform)
Total Votes:  853
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.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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