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 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market programs; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.

Overall MarketRank^™

1.50 out of 5 stars

Finance Sector

638th out of 1,951 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

9th out of 19 stocks

1.4 Analyst's Opinion

Consensus Rating
LPL Financial has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $129.35, LPL Financial has a forecasted downside of 17.1% from its current price of $156.00.
Amount of Analyst Coverage
LPL Financial has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
LPL Financial has received 429 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
LPL Financial has received 581 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
LPL Financial has received 57.52% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
LPL Financial has a dividend yield of 0.64%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
LPL Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of LPL Financial is 13.93%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, LPL Financial will have a dividend payout ratio of 14.97% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, LPL Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,912,493.00 in company stock.
Percentage Held by Insiders
Only 2.30% of the stock of LPL Financial is held by insiders.
Percentage Held by Institutions
95.68% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for LPL Financial are expected to grow by 6.54% in the coming year, from $6.27 to $6.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LPL Financial is 25.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of LPL Financial is 25.96, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.27.
Price to Book Value per Share Ratio
LPL Financial has a P/B Ratio of 12.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

LPL Financial (NASDAQ:LPLA) Frequently Asked Questions

Is LPL Financial a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LPL Financial stock.
View analyst ratings for LPL Financial or view top-rated stocks.

What stocks does MarketBeat like better than LPL Financial?

Wall Street analysts have given LPL Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but LPL Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is LPL Financial's next earnings date?

LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for LPL Financial.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, April, 29th. The financial services provider reported $1.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.13. LPL Financial had a trailing twelve-month return on equity of 49.27% and a net margin of 8.50%.
View LPL Financial's earnings history.

How has LPL Financial's stock been impacted by Coronavirus (COVID-19)?

LPL Financial's stock was trading at $57.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LPLA shares have increased by 169.1% and is now trading at $156.00.
View which stocks have been most impacted by COVID-19.

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

LPL Financial declared a quarterly dividend on Thursday, February 4th. Shareholders of record on Tuesday, March 16th will be paid a dividend of $0.25 per share on Tuesday, March 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Monday, March 15th.
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 0.64%. LPL Financial does not yet have a strock track record of dividend growth. The dividend payout ratio of LPL Financial is 13.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPL Financial will have a dividend payout ratio of 14.97% 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?

9 brokerages have issued 12 month price objectives for LPL Financial's shares. Their forecasts range from $66.00 to $203.00. On average, they expect LPL Financial's stock price to reach $129.35 in the next twelve months. This suggests that the stock has a possible downside of 17.1%.
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:

Mr. Dan Hogan Arnold Jr., B.S., M.B.A., CPA, Pres, CEO & Director (Age 57, Pay $3.37M)
Mr. Matthew Jon Audette B.S., Chief Financial Officer (Age 46, Pay $2.03M)
Mr. Scott Alan Seese, MD & Chief Information Officer (Leave of Absence) (Age 50, Pay $1.55M)
Mr. Richard Steinmeier, MD & Divisional Pres of Bus. Devel. (Age 47, Pay $1.48M)
Mr. Dayton Semerjian, MD & Chief Customer Care Officer (Age 56, Pay $1.61M)
Ms. Judith Kohoskie Ricketts, Exec. VP of Operations
Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 51)
Mr. Brent Blain Simonich, Exec. VP, Chief Accounting Officer & Treasurer (Age 50)
Mr. Greg Gates, Exec. VP & Interim Chief Information Officer
Mr. Chris Koegel, Sr. VP of Investor Relations

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), The 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), (FBRC) (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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.51%), Alliancebernstein L.P. (1.55%), Victory Capital Management Inc. (0.87%), Artemis Investment Management LLP (0.82%), Reinhart Partners Inc. (0.34%) and SPX Equities Gestao de Recursos Ltda (0.31%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Scott Seese and Tracy Calder.
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 Alliancebernstein L.P., SPX Equities Gestao de Recursos Ltda, Hennessy Advisors Inc., BNP Paribas Arbitrage SA, Venturi Wealth Management LLC, Natixis Advisors L.P., First Midwest Bank Trust Division, and Ironwood Investment Counsel LLC. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Bank of Nova Scotia, Fort Washington Investment Advisors Inc. OH, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, Janney Montgomery Scott LLC, and Reinhart Partners Inc..
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.
Compare Top Brokerages Here.

What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $156.00.

How much money does LPL Financial make?

LPL Financial has a market capitalization of $12.47 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.

How many employees does LPL Financial have?

LPL Financial employs 4,756 workers across the globe.

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]

This page was last updated on 5/9/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

LPL Financial Stock Forecast, Price & News

Adding

Adding

Adding LPL Financial Holdings Inc.

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links

Headlines

About LPL Financial

MarketRank™

Overall MarketRank™