NASDAQ:LPLALPL Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding LPL Financial Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $71.39 -1.05 (-1.45 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$70.51Now: $71.39▼$72.6650-Day Range$50.80MA: $60.68▼$74.3952-Week Range$32.01Now: $71.39▼$99.60Volume727,600 shsAverage Volume904,635 shsMarket Capitalization$5.63 billionP/E Ratio10.61Dividend Yield1.40%Beta1.55 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 529 education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and business development companies. The company also provides fee-based 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 cash sweep 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; and trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services. 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 1968 and is based in Boston, Massachusetts.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $77.56, LPL Financial has a potential upside of 8.6% from its current price of $71.39.Amount of Analyst CoverageLPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesLPL Financial has received 403 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLPL Financial has received 565 “underperform” votes. (Add your “underperform” vote.)Community SentimentLPL Financial has received 58.37% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about LPL Financial and other stocks. Vote “Outperform” if you believe LPLA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LPLA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipLPL Financial is a leading dividend payer. It pays a dividend yield of 1.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 13.93 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, LPL Financial will have a dividend payout ratio of 18.62 % next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, LPL Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions93.80% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to decrease by -8.05% in the coming year, from $5.84 to $5.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 10.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.53.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 10.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.97.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 5.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.04 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNASDAQ:LPLA Previous Symbol CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone800-877-7210Debt Debt-to-Equity Ratio2.69 Current Ratio1.31 Quick Ratio1.31Price-To-Earnings Trailing P/E Ratio10.61 Forward P/E Ratio12.22 P/E GrowthN/A Sales & Book Value Annual Sales$5.62 billion Price / Sales1.00 Cash Flow$9.57 per share Price / Cash Flow7.46 Book Value$12.67 per share Price / Book5.63Profitability EPS (Most Recent Fiscal Year)$7.18 Net Income$559.88 million Net Margins9.80% Return on Equity59.55% Return on Assets10.52%Miscellaneous Employees4,343 Outstanding Shares78,864,000Market Cap$5.63 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable NASDAQ:LPLA Rates by TradingView Receive LPLA News and Ratings via Email Sign-up to receive the latest news and ratings for LPLA and its competitors with MarketBeat's FREE daily newsletter. LPL Financial (NASDAQ:LPLA) Frequently Asked Questions How has LPL Financial's stock been impacted by COVID-19 (Coronavirus)? LPL Financial's stock was trading at $57.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LPLA shares have increased by 23.1% and is now trading at $71.39. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of LPL Financial? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for LPL Financial. When is LPL Financial's next earnings date? LPL Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for LPL Financial. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc (NASDAQ:LPLA) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $2.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.70 by $0.36. The financial services provider earned $1.46 billion during the quarter, compared to the consensus estimate of $1.44 billion. LPL Financial had a return on equity of 59.55% and a net margin of 9.80%. The firm's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.93 EPS. View LPL Financial's earnings history. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial declared a quarterly dividend on Monday, May 11th. Stockholders of record on Thursday, May 28th will be given a dividend of $0.25 per share on Friday, June 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Wednesday, May 27th. View LPL Financial's dividend history. What price target have analysts set for LPLA? 9 brokers have issued 12 month price targets for LPL Financial's shares. Their forecasts range from $62.00 to $110.00. On average, they expect LPL Financial's share price to reach $77.56 in the next year. This suggests a possible upside of 8.6% from the stock's current price. View analysts' price targets for LPL Financial. Has LPL Financial been receiving favorable news coverage? Media stories about LPLA stock have trended extremely negative on Monday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LPL Financial earned a news sentiment score of -5.0 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 media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutLPL Financial. Are investors shorting LPL Financial? LPL Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 911,200 shares, an increase of 14.1% from the April 30th total of 798,600 shares. Based on an average trading volume of 1,040,000 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.2% of the company's shares are sold short. View LPL Financial's Current Options Chain. Who are some of LPL Financial's key competitors? Some companies that are related to LPL Financial include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors. What other stocks do shareholders of LPL Financial own? 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), Cornerstone Strategic Value Fund (CLM), Ford Motor (F), SunCoke Energy Partners (SXCP), Martin Midstream Partners (MMLP) and BP Prudhoe Bay Royalty Trust (BPT). Who are LPL Financial's key executives? LPL Financial's management team includes the following people: Mr. Dan Hogan Arnold Jr., Pres, CEO & Director (Age 55)Mr. Matthew Jon Audette, Chief Financial Officer (Age 44)Mr. George Burton White, MD of Investor & Investment Solutions and Chief Investment Officer (Age 49)Mr. Scott Seese, MD & Chief Information Officer (Age 48)Mr. Richard Steinmeier, MD & Divisional Pres of Bus. Devel. (Age 45) 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 a variety of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (11.40%), BlackRock Inc. (4.98%), Samlyn Capital LLC (4.79%), Invesco Ltd. (2.99%), Bank of New York Mellon Corp (2.72%) and Fairview Capital Investment Management LLC (2.61%). Company insiders that own LPL Financial stock include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Sallie R Larsen, Thomas Gooley and Tracy Calder. View institutional ownership trends for LPL Financial. Which major investors are selling LPL Financial stock? LPLA stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Victory Capital Management Inc., Victory Capital Management Inc., Janus Henderson Group PLC, Balyasny Asset Management LLC, Nuveen Asset Management LLC, and Invesco Ltd.. 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, and Tracy Calder. View insider buying and selling activity for LPL Financial. Which major investors are buying LPL Financial stock? LPLA stock was bought by a variety of institutional investors in the last quarter, including Fairview Capital Investment Management LLC, Bank of New York Mellon Corp, BNP Paribas Arbitrage SA, Samlyn Capital LLC, Alliancebernstein L.P., Primecap Management Co. CA, ArrowMark Colorado Holdings LLC, and Federated Hermes Inc.. View insider buying and selling activity for LPL Financial. How do I buy shares of 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. What is LPL Financial's stock price today? One share of LPLA stock can currently be purchased for approximately $71.39. How big of a company is LPL Financial? LPL Financial has a market capitalization of $5.63 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 4,343 workers across the globe. What is LPL Financial's official website? The official website for LPL Financial is www.lpl.com. How can I contact LPL Financial? LPL Financial's mailing address is 4707 EXECUTIVE DRIVE, SAN DIEGO CA, 92121. The financial services provider can be reached via phone at 800-877-7210 or via email at [email protected] This page was last updated on 6/1/2020 by MarketBeat.com Staff
