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, January 30th. Stockholders of record on Wednesday, March 18th will be paid a dividend of $0.25 per share on Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Tuesday, March 17th. View LPL Financial's Dividend History.

LPL Financial Holdings Inc (NASDAQ:LPLA) posted its quarterly earnings results on Thursday, January, 30th. The financial services provider reported $1.68 EPS for the quarter, topping the Zacks' consensus estimate of $1.59 by $0.09. The financial services provider had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.44 billion. LPL Financial had a net margin of 9.95% and a return on equity of 59.60%. The business's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.36 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for LPL Financial.

8 brokers have issued 1 year target prices for LPL Financial's shares. Their forecasts range from $84.13 to $121.00. On average, they expect LPL Financial's share price to reach $102.30 in the next year. This suggests a possible upside of 8.1% 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 been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog 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 1.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating 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.

LPL Financial saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,190,000 shares, a decline of 14.4% from the January 15th total of 1,390,000 shares. Based on an average trading volume of 561,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.5% of the shares of the company are sold short. View LPL Financial's Current Options Chain.

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), Stifel Financial (SF), Lazard (LAZ), 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 a variety of of retail and institutional investors. Top institutional investors include Samlyn Capital LLC (4.26%), FMR LLC (2.97%), Bank of New York Mellon Corp (2.24%), Fairview Capital Investment Management LLC (1.77%), Clarkston Capital Partners LLC (1.70%) and Westfield Capital Management Co. LP (1.55%). 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 and Tracy Calder. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Lord Abbett & CO. LLC, Los Angeles Capital Management & Equity Research Inc., FMR LLC, ArrowMark Colorado Holdings LLC, WBI Investments Inc., Schonfeld Strategic Advisors LLC and Charles Schwab Investment 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 Samlyn Capital LLC, Westfield Capital Management Co. LP, Bank of New York Mellon Corp, Victory Capital Management Inc., Hennessy Advisors Inc., Victory Capital Management Inc., Strycker View Capital LLC and Artemis Investment Management LLP. 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 $94.66.

LPL Financial has a market capitalization of $7.65 billion and generates $5.62 billion in revenue each year. The financial services provider earns $559.88 million in net income (profit) each year or $7.18 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]