NASDAQ:LPLA - LPL Financial Stock Price, Price Target & More

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$69.12 -0.30 (-0.43 %)
(As of 06/22/2018 06:00 AM ET)
Previous Close$69.42
Today's Range$68.66 - $69.83
52-Week Range$40.26 - $73.28
Volume429,200 shs
Average Volume891,793 shs
Market Capitalization$6.15 billion
P/E Ratio23.04
Dividend Yield1.45%
Beta1.63
LPL Financial logoLPL 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. The company also provides fee-based 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 cash sweep 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; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. It offers its services to approximately 15,000 independent financial advisors, including financial advisors at approximately 700 financial institutions. 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 1968 and is based in Boston, Massachusetts.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio2.36
Current Ratio1.42
Quick Ratio1.42

Price-To-Earnings

Trailing P/E Ratio23.04
Forward P/E Ratio14.08
P/E Growth0.94

Sales & Book Value

Annual Sales$4.28 billion
Price / Sales1.44
Cash Flow$4.4854 per share
Price / Cash15.41
Book Value$10.70 per share
Price / Book6.46

Profitability

EPS (Most Recent Fiscal Year)$3.00
Net Income$238.86 million
Net Margins6.33%
Return on Equity31.76%
Return on Assets5.88%

Miscellaneous

Employees3,736
Outstanding Shares89,140,000

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 Friday, April 27th. Stockholders of record on Friday, May 18th will be given a dividend of $0.25 per share on Friday, June 1st. This represents a $1.00 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, May 17th. View LPL Financial's Dividend History.

How will LPL Financial's stock buyback program work?

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

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc (NASDAQ:LPLA) issued its earnings results on Thursday, May, 3rd. The financial services provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.32. The financial services provider earned $1.24 billion during the quarter, compared to analysts' expectations of $1.17 billion. LPL Financial had a return on equity of 31.76% and a net margin of 6.33%. The firm's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 earnings per share. 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, July, 26th 2018. View Earnings Estimates for LPL Financial.

What price target have analysts set for LPLA?

10 brokers have issued 12 month price objectives for LPL Financial's shares. Their predictions range from $60.00 to $92.00. On average, they expect LPL Financial's share price to reach $77.60 in the next year. View Analyst Ratings for LPL Financial.

Are investors shorting LPL Financial?

LPL Financial saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 1,177,754 shares, a decrease of 41.1% from the May 15th total of 1,998,570 shares. Based on an average daily volume of 781,998 shares, the short-interest ratio is presently 1.5 days. Currently, 1.3% of the shares of the stock are sold short. View LPL Financial's Current Options Chain.

Who are some of LPL Financial's key competitors?

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 54)
  • Mr. Matthew Jon Audette, MD & CFO (Age 43)
  • Mr. Thomas Gooley, Managing Director of Service, Trading & Operations (Age 53)
  • Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 48)
  • Mr. Scott Seese, MD & Chief Information Officer (Age 48)

Has LPL Financial been receiving favorable news coverage?

News coverage about LPLA stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LPL Financial earned a media sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are LPL Financial's major shareholders?

LPL Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling LPL Financial stock?

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.

Which institutional investors are buying LPL Financial stock?

LPLA stock was purchased 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.

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, Scottrade, Fidelity and Charles Schwab.

What is LPL Financial's stock price today?

One share of LPLA stock can currently be purchased for approximately $69.12.

How big of a company is LPL Financial?

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.

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 (LPLA)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  676
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 6/22/2018 by MarketBeat.com Staff

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