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

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

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.

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.

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.

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

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.

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.

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.

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.

Some companies that are related to LPL Financial include Nasdaq (NDAQ), Cboe Global Markets (CBOE), BGC Partners (BGCP), INTL Fcstone (INTL), OTC Markets Group (OTCM), Yintech Investment (YIN), National (NHLD) and Primus Guaranty (PRSG).

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), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP) and Government Properties Income Trust (GOV).

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.

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.

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.

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 $84.35.

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.

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

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]