NASDAQ:LPLA

LPL Financial - LPLA Stock Forecast, Price & News

$218.48

+2.01 (+0.93%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $215.09
▼
$223.54
50-Day Range: $194.12
▼
$233.20
52-Week Range: $140.65
▼
$236.58

Volume: 787,780 shs
Average Volume: 821,517 shs
Market Capitalization: $17.43 billion

P/E Ratio: 35.30
Dividend Yield: 0.46%
Price Target: $235.83

LPL Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 7.9% Upside
$235.83 Price Target
Short Interest: Healthy
2.63% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.30
Upright™ Environmental Score
News Sentiment: 1.45
Based on 9 Articles This Week
Insider Trading: Selling Shares
$14.68 M Sold Last Quarter
Proj. Earnings Growth: 61.55%
From $10.43 to $16.85 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Finance Sector

533rd out of 926 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

7th out of 9 stocks

1.4

Analyst's Opinion

Consensus Rating
LPL Financial has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $235.83, LPL Financial has a forecasted upside of 7.9% from its current price of $218.48.
Amount of Analyst Coverage
LPL Financial has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.63% of the float of LPL Financial has been sold short.
Short Interest Ratio / Days to Cover
LPL Financial has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in LPL Financial has recently increased by 2.97%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
LPL Financial has a dividend yield of 0.46%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
LPL Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of LPL Financial is 16.16%. 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 5.93% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
LPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.
Environmental Sustainability
The Environmental Impact score for LPL Financial is -0.30.

3.6

News and Social Media Coverage

News Sentiment
LPL Financial has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for LPL Financial this week, compared to 4 articles on an average week.
Search Interest
Only 4 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.
MarketBeat Follows
5 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

0.8

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 $14,682,118.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of LPL Financial is held by insiders.

4.4

Earnings and Valuation

Earnings Growth
Earnings for LPL Financial are expected to grow by 61.55% in the coming year, from $10.43 to $16.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of LPL Financial is 35.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of LPL Financial is 35.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.12.
Price to Earnings Growth Ratio
LPL Financial has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
LPL Financial has a P/B Ratio of 10.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About LPL Financial (NASDAQ:LPLA) Stock

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 auction rate notes. 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.

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LPLA Stock News Headlines

September 29, 2022 | finance.yahoo.com

LPL Financial Launches New Bookkeeping Services

September 28, 2022 | finance.yahoo.com

Financial Advisor Marianela Silva Joins LPL Financial

September 27, 2022 | finance.yahoo.com

LPL Financial Announces Research Team Appointments

September 26, 2022 | finance.yahoo.com

Pete Dorsey Joins LPL as Executive Vice President, Institution Services

September 26, 2022 | finance.yahoo.com

Vero Wealth Management Becomes 25th Team to Join Linsco by LPL Financial

September 25, 2022 | finance.yahoo.com

LPL Financial Holdings' (NASDAQ:LPLA) five-year total shareholder returns outpace the underlying earnings growth

September 23, 2022 | americanbankingnews.com

LPL Financial (NASDAQ:LPLA) Hits New 12-Month High at $236.25

September 22, 2022 | finance.yahoo.com

LPL Financial Reports Monthly Activity for August 2022

September 22, 2022 | finance.yahoo.com

LPL Financial Wins the Gold From Brandon Hall Group for Best Advanced Leadership Development

September 22, 2022 | americanbankingnews.com

Analysts Set LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target at $235.83

September 20, 2022 | finance.yahoo.com

Women-Led Oregon Team Joins LPL Financial

September 19, 2022 | finance.yahoo.com

LPL Recognized for Excellence in Technology Innovations and Diversity Initiatives

September 15, 2022 | finance.yahoo.com

LPL Financial, Kaplan Announce Strategic Educational Agreement

September 13, 2022 | finance.yahoo.com

Multigenerational Financial Advisor Team Joins Linsco by LPL Financial

September 9, 2022 | finance.yahoo.com

Morningstar Lists Stocks That Benefit from Rising Rates

September 8, 2022 | finance.yahoo.com

Broadway Wealth Management Joins Linsco by LPL Financial

September 8, 2022 | finance.yahoo.com

Is it a Smart Move to Invest in LPL Financial Holdings (LPLA)?

August 29, 2022 | finance.yahoo.com

IBD Screen Of The Day: Top-Notch Financial Stocks Make Relative Strength List

August 26, 2022 | finance.yahoo.com

People’s United Joins LPL Financial’s Institution Services Platform

August 24, 2022 | finance.yahoo.com

Financial Advisor My Ton Opens Texas Office With LPL Affiliated Intrua Financial

August 19, 2022 | finance.yahoo.com

What Makes LPL Financial Holdings Inc. (LPLA) a New Strong Buy Stock

August 19, 2022 | finance.yahoo.com

5 Stocks the Smart Money Bought Up in the Second Quarter

August 19, 2022 | nasdaq.com

Insiders who bought LPL Financial Holdings Inc. (NASDAQ:LPLA) last year must be regretting not buying more as market cap hits US$19b

August 18, 2022 | finance.yahoo.com

LPL Financial Reports Monthly Activity for July 2022

August 17, 2022 | finance.yahoo.com

Here's Why LPL Financial Holdings Inc. (LPLA) is a Great Momentum Stock to Buy

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LPLA Company Calendar

Last Earnings: 8/02/2022
Ex-Dividend for 8/31 Dividend: 8/16/2022
Dividend Payable: 8/31/2022
Today: 10/01/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Security & commodity brokers, dealers, exchanges & services
Sub-Industry: Investment Banking & Brokerage
Sector: Finance
Current Symbol: NASDAQ:LPLA
CUSIP: 50212V10
CIK: 1397911
Web: www.lpl.com
Phone: (800) 877-7210
Fax: N/A
Employees: 5,900
Year Founded: 1989

Price Target and Rating

Average Stock Price Forecast: $235.83
High Stock Price Forecast: $270.00
Low Stock Price Forecast: $184.00
Forecasted Upside/Downside: +7.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.19
Trailing P/E Ratio: 35.30
Forward P/E Ratio: 20.95
P/E Growth: 0.56
Net Income: $459.87 million
Net Margins: 6.15%
Pretax Margin: 8.03%
Return on Equity: 36.15%
Return on Assets: 7.99%

Debt

Debt-to-Equity Ratio: 1.48
Current Ratio: 1.85
Quick Ratio: 1.85

Sales & Book Value

Annual Sales: $7.72 billion
Price / Sales: 2.26
Cash Flow: $10.20 per share
Price / Cash Flow: 21.41
Book Value: $20.84 per share
Price / Book: 10.48

Miscellaneous

Outstanding Shares: 79,770,000
Free Float: 78,494,000
Market Cap: $17.43 billion
Optionable: Optionable
Beta: 0.94

Social Links

Key Executives

Mr. Dan Hogan Arnold Jr. (Age 58)
B.S., CPA, M.B.A., Pres, CEO & Director
Comp: $4.31M

Mr. Matthew Jon Audette B.S. (Age 47)
Chief Financial Officer
Comp: $2M

Mr. Richard Steinmeier (Age 48)
MD & Divisional Pres of Bus. Devel.
Comp: $1.81M

Mr. Dayton Semerjian (Age 57)
MD & Chief Customer Care Officer
Comp: $1.34M

Ms. Judith Kohoskie Ricketts
Exec. VP of Operations

Mr. Brent Blain Simonich (Age 51)
Exec. VP, Chief Accounting Officer & Treasurer

Mr. Greg Gates
MD and Chief Technology & Information Officer

Mr. Chris Koegel
Sr. VP of Investor Relations

Ms. Michelle B. Oroschakoff (Age 60)
Chief Legal Officer, MD of Compliance and Legal & Risk

Ms. Sallie R. Larsen B.A. (Age 68)
M.A., MD & Chief Human Capital Officer

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LPLA Stock - Frequently Asked Questions

Should I buy or sell LPL Financial stock right now?: 6 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 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LPLA shares.
View LPLA analyst ratings or view top-rated stocks.
What is LPL Financial's stock price forecast for 2022?: 6 Wall Street research analysts have issued twelve-month price objectives for LPL Financial's shares. Their LPLA share price forecasts range from $184.00 to $270.00. On average, they anticipate the company's stock price to reach $235.83 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts.
How have LPLA shares performed in 2022?: LPL Financial's stock was trading at $160.09 at the start of the year. Since then, LPLA shares have increased by 36.5% and is now trading at $218.48.
View the best growth stocks for 2022 here.
When is LPL Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our LPLA earnings forecast.
How were LPL Financial's earnings last quarter?: LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its earnings results on Tuesday, August, 2nd. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.01 by $0.23. The financial services provider had revenue of $2.04 billion for the quarter. LPL Financial had a trailing twelve-month return on equity of 36.15% and a net margin of 6.15%.
How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial?: LPL Financial declared a quarterly dividend on Tuesday, August 2nd. Stockholders of record on Wednesday, August 17th will be paid a dividend of $0.25 per share on Wednesday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Tuesday, August 16th.
Read our dividend analysis for LPLA.
Is LPL Financial a good dividend stock?: LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.46%. The dividend payout ratio is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPLA.