LPL Financial - LPLA Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LPLA shares.
View LPLA analyst ratings or view top-rated stocks.

8 Wall Street research analysts have issued twelve-month price targets for LPL Financial's stock. Their LPLA share price forecasts range from $230.00 to $290.00. On average, they anticipate the company's share price to reach $260.25 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts.

LPL Financial's stock was trading at $216.17 at the beginning of 2023. Since then, LPLA stock has increased by 8.7% and is now trading at $234.93.
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LPL Financial saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,510,000 shares, a decrease of 24.5% from the December 31st total of 2,000,000 shares. Based on an average daily volume of 943,300 shares, the short-interest ratio is currently 1.6 days. Approximately 1.9% of the company's stock are sold short.
View LPL Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our LPLA earnings forecast.

LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its earnings results on Thursday, October, 28th. The financial services provider reported $1.77 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.05. The financial services provider had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $2.04 billion. LPL Financial had a trailing twelve-month return on equity of 50.38% and a net margin of 9.83%. The company's quarterly revenue was up 38.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 earnings per share.

LPL Financial declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Tuesday, March 14th will be paid a dividend of $0.30 per share on Tuesday, March 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Monday, March 13th. This is a positive change from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for LPLA.

LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.45%. The dividend payout ratio is 9.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 5.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPLA.

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.

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).

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

LPL Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.58%), Argent Capital Management LLC (0.47%), Artemis Investment Management LLP (0.45%), Assenagon Asset Management S.A. (0.34%), Bank of Montreal Can (0.28%) and Sumitomo Mitsui Trust Holdings Inc. (0.28%). Insiders that own company stock include Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Sallie R Larsen, Scott Seese and William Francis Glavin Jr.
View institutional ownership trends.

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.
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One share of LPLA stock can currently be purchased for approximately $234.93.

LPL Financial (NASDAQ:LPLA) has a market capitalization of $18.70 billion and generates $8.60 billion in revenue each year. The financial services provider earns $459.87 million in net income (profit) each year or $10.42 on an earnings per share basis.

The company employs 5,900 workers across the globe.

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 investor.relations@lpl.com.