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

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

LPL Financial declared a quarterly dividend on Thursday, October 24th. Shareholders of record on Thursday, November 7th will be given a dividend of $0.25 per share on Thursday, November 21st. This represents a $1.00 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Wednesday, November 6th. View LPL Financial's Dividend History.

LPL Financial Holdings Inc (NASDAQ:LPLA) released its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.10. The financial services provider earned $1.42 billion during the quarter, compared to analysts' expectations of $1.42 billion. LPL Financial had a net margin of 10.07% and a return on equity of 59.56%. The company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.19 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 12 month target prices for LPL Financial's shares. Their forecasts range from $84.00 to $118.00. On average, they expect LPL Financial's stock price to reach $98.59 in the next year. This suggests a possible upside of 5.7% 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.

News stories about LPLA stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LPL Financial earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for LPL Financial.

Some companies that are related to LPL Financial include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), Lazard (LAZ), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

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), Ford Motor (F), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP) and NGL Energy Partners (NGL).

LPL Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.52%), Hennessy Advisors Inc. (0.23%), Calamos Advisors LLC (0.09%), Three Peaks Capital Management LLC (0.05%), Bowling Portfolio Management LLC (0.03%) and Tributary Capital Management LLC (0.02%). 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 Three Peaks Capital Management LLC, Bowling Portfolio Management LLC, Sciencast Management LP, State of Alaska Department of Revenue, Eqis Capital Management Inc., TrimTabs Asset Management LLC, Raymond James Trust N.A. and Actinver Wealth Management Inc.. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was acquired by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Artemis Investment Management LLP, Tributary Capital Management LLC, James Investment Research Inc., Calamos Advisors LLC, Campbell & CO Investment Adviser LLC, Cerebellum GP LLC and Yorktown Management & Research Co 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 $93.26.

LPL Financial has a market capitalization of $7.54 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]