NASDAQ:LPLA

LPL Financial - LPLA Stock Forecast, Price & News

$238.76

-1.12 (-0.47%)

(As of 10/5/2022 11:16 AM ET)

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Today's Range: $237.74
▼
$241.51
50-Day Range: $197.12
▼
$239.88
52-Week Range: $140.65
▼
$240.03

Volume: 11,655 shs
Average Volume: 870,484 shs
Market Capitalization: $19.05 billion

P/E Ratio: 38.57
Dividend Yield: 0.44%
Price Target: $235.83

LPL Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 1.6% Downside
$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: 0.94
Based on 3 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.

2.34 out of 5 stars

Finance Sector

529th out of 925 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

6th 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 downside of 1.6% from its current price of $239.62.
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 0.44%, 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.

2.7

News and Social Media Coverage

News Sentiment
LPL Financial has a news sentiment score of 0.94. 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 0.69 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 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 -60% compared to the previous 30 days.
MarketBeat Follows
6 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 38.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of LPL Financial is 38.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.55.
Price to Earnings Growth Ratio
LPL Financial has a PEG Ratio of 0.58. 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 11.50. 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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