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Biden to sign massive climate and health care legislation
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
2 Long-Term EV Plays Trading Under $20
Walmart Leads Retail Higher But Will The Group Follow? 
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
What's in big Biden bill? Health, climate goals become law
Are These 3 Video Game Stocks Now In Play?
Biden to sign massive climate and health care legislation
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
2 Long-Term EV Plays Trading Under $20
Walmart Leads Retail Higher But Will The Group Follow? 
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
What's in big Biden bill? Health, climate goals become law
Are These 3 Video Game Stocks Now In Play?
Biden to sign massive climate and health care legislation
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Home Depot Results Point To Sluggish 2nd Half
2 Long-Term EV Plays Trading Under $20
Walmart Leads Retail Higher But Will The Group Follow? 
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
What's in big Biden bill? Health, climate goals become law
Are These 3 Video Game Stocks Now In Play?
Biden to sign massive climate and health care legislation
Forget Tesla, THIS Could be the Biggest EV Investment Play in 2022 (Ad)
NASDAQ:LPLA

LPL Financial - LPLA Stock Forecast, Price & News

$229.13
+3.10 (+1.37%)
(As of 08/16/2022 12:00 AM ET)
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Compare
Today's Range
$224.79
$230.37
50-Day Range
$172.53
$229.13
52-Week Range
$137.59
$232.47
Volume
677,724 shs
Average Volume
754,329 shs
Market Capitalization
$18.28 billion
P/E Ratio
37.02
Dividend Yield
0.44%
Price Target
$235.83

LPL Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
2.9% Upside
$235.83 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
1.14mentions of LPL Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$13.71 M Sold Last Quarter
Proj. Earnings Growth
61.97%
From $10.23 to $16.57 Per Share

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 stars

Finance Sector

160th out of 924 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

2nd out of 8 stocks

LPLA stock logo

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.

Analyst Upgrades and Downgrades

Several 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 Performance

Shares 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 Dividend

The 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 Activity

In 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.

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LPLA Stock News Headlines

LPL Financial (NASDAQ:LPLA) Price Target Raised to $250.00
LPL Financial (NASDAQ:LPLA) Upgraded to "Hold" at StockNews.com
LPL Financial (NASDAQ:LPLA) Price Target Cut to $239.00
LPL Financial Nets Big Recruiting Gains
LPL Finl Hldgs: Q2 Earnings Insights
LPL Financial Announces Second Quarter 2022 Results
LPL Financial (LPLA) to Release Earnings on Tuesday
LPL Financial Publishes Midyear Outlook 2022
See More Headlines
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LPLA Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 6/24 Dividend
6/08/2022
Dividend Payable
6/24/2022
Ex-Dividend for 8/31 Dividend
8/16/2022
Today
8/17/2022
Dividend Payable
8/31/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Investment Banking & Brokerage
Sector
Finance
Current Symbol
NASDAQ:LPLA
CUSIP
50212V10
Fax
N/A
Employees
5,900
Year Founded
1989

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$459.87 million
Pretax Margin
8.03%

Debt

Sales & Book Value

Annual Sales
$7.72 billion
Cash Flow
$10.25 per share
Book Value
$23.12 per share

Miscellaneous

Free Float
78,494,000
Market Cap
$18.28 billion
Optionable
Optionable
Beta
0.96

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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?
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..
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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 investor.relations@lpl.com.