NASDAQ:LPLA LPL Financial - LPLA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LPL Financial Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $229.13 +3.10 (+1.37%) (As of 08/16/2022 12:00 AM ET) Add Compare Share Share Today's Range$224.79▼$230.3750-Day Range$172.53▼$229.1352-Week Range$137.59▼$232.47Volume677,724 shsAverage Volume754,329 shsMarket Capitalization$18.28 billionP/E Ratio37.02Dividend Yield0.44%Price Target$235.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability LPL Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside2.9% Upside$235.83 Price TargetShort InterestHealthy2.88% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment1.14Based on 5 Articles This WeekInsider TradingSelling Shares$13.71 M Sold Last QuarterProj. Earnings Growth61.97%From $10.23 to $16.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsFinance Sector160th out of 924 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry2nd out of 8 stocks 1.4 Analyst's Opinion Consensus RatingLPL 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/DownsideAccording to analysts' consensus price target of $235.83, LPL Financial has a forecasted upside of 2.9% from its current price of $229.13.Amount of Analyst CoverageLPL Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.88% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL 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 monthShort interest in LPL Financial has recently decreased by 6.56%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 6.04% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL 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 SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.4 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 1.14. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for LPL Financial this week, compared to 4 articles on an average week.Search Interest13 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 86% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $13,708,035.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions96.06% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 61.97% in the coming year, from $10.23 to $16.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 37.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.61.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 37.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 148.46.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 10.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About LPL Financial (NASDAQ:LPLA) StockLPL 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.Analyst Upgrades and DowngradesSeveral research analysts have weighed in on LPLA shares. StockNews.com upgraded shares of LPL Financial from a "sell" rating to a "hold" rating in a research report on Thursday, August 4th. UBS Group lifted their price objective on LPL Financial from $212.00 to $250.00 and gave the stock a "buy" rating in a report on Thursday, August 4th. Truist Financial upped their target price on LPL Financial from $200.00 to $230.00 in a report on Tuesday, May 3rd. Finally, Morgan Stanley cut their price target on LPL Financial from $241.00 to $239.00 and set an "overweight" rating for the company in a research note on Wednesday, August 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $235.83.LPL Financial Price PerformanceShares of NASDAQ:LPLA traded up $3.10 on Tuesday, hitting $229.13. The company had a trading volume of 677,724 shares, compared to its average volume of 806,872. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.48. The company has a market cap of $18.28 billion, a PE ratio of 37.02, a PEG ratio of 0.57 and a beta of 0.96. LPL Financial has a 52-week low of $137.59 and a 52-week high of $232.47. The business has a 50 day moving average of $195.47 and a 200 day moving average of $188.10. LPL Financial Announces DividendThe company also recently declared a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 17th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, August 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.44%. LPL Financial's dividend payout ratio (DPR) is presently 16.16%. Insider ActivityIn related news, Director Richard Steinmeier sold 7,355 shares of the firm's stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $216.64, for a total transaction of $1,593,387.20. Following the sale, the director now owns 24,078 shares in the company, valued at $5,216,257.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Richard Steinmeier sold 7,355 shares of the company's stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $216.64, for a total value of $1,593,387.20. Following the completion of the transaction, the director now directly owns 24,078 shares in the company, valued at $5,216,257.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dan H. Arnold sold 39,015 shares of the firm's stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $210.33, for a total value of $8,206,024.95. Following the completion of the sale, the chief executive officer now directly owns 162,608 shares in the company, valued at $34,201,340.64. The disclosure for this sale can be found here. Insiders sold a total of 65,878 shares of company stock valued at $13,708,035 over the last 90 days. Insiders own 1.60% of the company's stock. Read More Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Stock News HeadlinesAugust 11, 2022 | finance.yahoo.comLPL Managing Director and Chief Technology & Information Officer Greg Gates a Finalist for CIO of the Year AwardAugust 10, 2022 | finance.yahoo.comLPL Financial Hires Katelyn Shackleton as Executive Vice President, Corporate Strategy & New VenturesAugust 10, 2022 | americanbankingnews.comLPL Financial Holdings Inc. (NASDAQ:LPLA) Director Sells $1,593,387.20 in StockAugust 9, 2022 | finance.yahoo.comLPL Financial Cut Ties With Advisor Over Alleged Racism. Now, She’s Suing the Firm.August 7, 2022 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Price Target Raised to $250.00August 6, 2022 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Upgraded to "Hold" at StockNews.comAugust 6, 2022 | americanbankingnews.comJefferies Financial Group Analysts Cut Earnings Estimates for LPL Financial Holdings Inc. (NASDAQ:LPLA)August 6, 2022 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Reaches New 1-Year High Following Analyst UpgradeAugust 5, 2022 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Price Target Cut to $239.00August 5, 2022 | americanbankingnews.comInsider Selling: LPL Financial Holdings Inc. (NASDAQ:LPLA) CEO Sells $8,206,024.95 in StockAugust 5, 2022 | theglobeandmail.comChart of the Day: Lpl Financial Holdings Posts a New Record HighAugust 3, 2022 | finance.yahoo.comLPL Financial Nets Big Recruiting GainsAugust 3, 2022 | finance.yahoo.comLPL Financial (LPLA) Q2 Earnings Top as Revenues Rise, Stock UpAugust 3, 2022 | americanbankingnews.comBrokerages Set LPL Financial Holdings Inc. (NASDAQ:LPLA) Target Price at $226.67August 2, 2022 | msn.comLPL Finl Hldgs: Q2 Earnings InsightsAugust 2, 2022 | finance.yahoo.comLPL Financial Announces Second Quarter 2022 ResultsAugust 1, 2022 | finance.yahoo.comIs a Surprise Coming for LPL Financial (LPLA) This Earnings Season?August 1, 2022 | americanbankingnews.comLPL Financial (LPLA) to Release Earnings on TuesdayJuly 28, 2022 | finance.yahoo.comLPL Financial and Perennial Financial Services Welcome Eddie ChanJuly 26, 2022 | finance.yahoo.comTop 5 Low-Beta Stocks to Stay Safe From Near-Term VolatilityJuly 25, 2022 | finance.yahoo.comWhy is Q2 Earnings Beat Less Likely for Ameriprise (AMP)?July 23, 2022 | americanbankingnews.comMorgan Stanley Lowers LPL Financial (NASDAQ:LPLA) Price Target to $241.00July 15, 2022 | finance.yahoo.comLPL Financial Hires Bill Sappington as Executive Vice President, Banking and Lending SolutionsJuly 13, 2022 | finance.yahoo.comIvan Hendricks, Candor Wealth Partners Aligns With LPL FinancialJuly 12, 2022 | finance.yahoo.comLPL Financial Publishes Midyear Outlook 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address LPLA Company Calendar Last Earnings10/28/2021Ex-Dividend for 6/24 Dividend6/08/2022Dividend Payable6/24/2022Ex-Dividend for 8/31 Dividend8/16/2022Today8/17/2022Dividend Payable8/31/2022Next Earnings (Estimated)10/27/2022Fiscal Year End12/31/2022Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees5,900Year Founded1989Price Target and Rating Average Stock Price Forecast$235.83 High Stock Price Forecast$270.00 Low Stock Price Forecast$184.00 Forecasted Upside/Downside+2.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$6.19 Trailing P/E Ratio37.02 Forward P/E Ratio22.40 P/E Growth0.57Net Income$459.87 million Net Margins6.15% Pretax Margin8.03% Return on Equity36.15% Return on Assets7.99% Debt Debt-to-Equity Ratio1.48 Current Ratio1.85 Quick Ratio1.85 Sales & Book Value Annual Sales$7.72 billion Price / Sales2.37 Cash Flow$10.25 per share Price / Cash Flow22.35 Book Value$23.12 per share Price / Book9.91Miscellaneous Outstanding Shares79,770,000Free Float78,494,000Market Cap$18.28 billion OptionableOptionable Beta0.96 Social Links Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 58)B.S., CPA, M.B.A., Pres, CEO & Director Comp: $4.31MMr. Matthew Jon Audette B.S. (Age 47)Chief Financial Officer Comp: $2MMr. Richard Steinmeier (Age 48)MD & Divisional Pres of Bus. Devel. Comp: $1.81MMr. Dayton Semerjian (Age 57)MD & Chief Customer Care Officer Comp: $1.34MMs. Judith Kohoskie RickettsExec. VP of OperationsMr. Brent Blain Simonich (Age 51)Exec. VP, Chief Accounting Officer & Treasurer Mr. Greg GatesMD and Chief Technology & Information OfficerMr. Chris KoegelSr. VP of Investor RelationsMs. 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 More ExecutivesKey CompetitorsTradeweb MarketsNASDAQ:TWCboe Global MarketsNYSE:CBOET. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQIntercontinental ExchangeNYSE:ICEView All CompetitorsInsiders & InstitutionsCaptrust Financial AdvisorsSold 1,063 shares on 8/16/2022Ownership: 0.026%DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainSold 703 shares on 8/16/2022Ownership: 0.010%Jane Street Group LLCBought 1,000 shares on 8/16/2022Ownership: 0.000%Intrust Bank NABought 564 shares on 8/16/2022Ownership: 0.002%Northern Oak Wealth Management Inc.Bought 186 shares on 8/16/2022Ownership: 0.000%View All Insider TransactionsView 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 brokerages have issued 1 year price targets for LPL Financial's shares. Their LPLA share price forecasts range from $184.00 to $270.00. On average, they predict the company's share price to reach $235.83 in the next twelve months. This suggests a possible upside of 2.9% 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 43.1% and is now trading at $229.13. 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) announced its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.04 billion. LPL Financial had a net margin of 6.15% and a trailing twelve-month return on equity of 36.15%. LPL Financial's revenue was up 38.4% on a year-over-year basis. During the same quarter last year, the business posted $1.44 EPS. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial announced a quarterly dividend on Tuesday, August 2nd. Stockholders of record on Wednesday, August 17th will be given a dividend of $0.25 per share on Wednesday, August 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.44%. 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 0.44%. 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 6.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LPLA. What is Dan Arnold's approval rating as LPL Financial's CEO? 171 employees have rated LPL Financial Chief Executive Officer Dan Arnold on Glassdoor.com. Dan Arnold has an approval rating of 87% among the company's employees. 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 many different institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (3.38%), FMR LLC (2.86%), Samlyn Capital LLC (2.61%), Clarkston Capital Partners LLC (2.55%), Eagle Asset Management Inc. (2.14%) and State Street Corp (2.02%). Insiders that own company stock include Dan H Arnold, Edward Fandrey, George Burton White, John Andrew Kalbaugh, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Sallie R Larsen, Scott Seese, Tracy Calder and William Francis Glavin Jr. View institutional ownership trends. How do I buy shares of LPL Financial? Shares of LPLA stock 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 $229.13. How much money does LPL Financial make? LPL Financial (NASDAQ:LPLA) has a market capitalization of $18.28 billion and generates $7.72 billion in revenue each year. The financial services provider earns $459.87 million in net income (profit) each year or $6.19 on an earnings per share basis. How many employees does LPL Financial have? The company employs 5,900 workers across the globe. Does LPL Financial have any subsidiaries? The following companies are subsidiares of LPL Financial: AW Subsidiary Inc., AdvisoryWorld, AdvisoryWorld, Allen & Company of Florida LLC, Blaze Portfolio Systems LLC, BlazePortfolio, Fortigent Holdings Company Inc., Fortigent LLC, Fortigent LLC, LPL Employee Services LLC, LPL Financial LLC, LPL Holdings Inc., LPL Insurance Associates Inc., Lucia Securities, National Planning Holdings, PTC Holdings Inc., and The Private Trust Company N.A..Read More When was LPL Financial founded? LPL Financial was founded in 1989. How can I contact LPL Financial? LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.lpl.com. The financial services provider can be reached via phone at (800) 877-7210 or via email at firstname.lastname@example.org.