LPL Financial Stock Price, News & Analysis (NASDAQ:LPLA)

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

LPL Financial announced a quarterly dividend on Thursday, July 25th. Stockholders of record on Tuesday, August 13th will be given a dividend of $0.25 per share on Friday, August 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Monday, August 12th. View LPL Financial's Dividend History.

LPL Financial declared that its Board of Directors has approved a share repurchase plan on Thursday, December 7th 2017, which allows the company to buyback $359,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

LPL Financial Holdings Inc (NASDAQ:LPLA) announced its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.12. The financial services provider earned $1.39 billion during the quarter, compared to analysts' expectations of $1.40 billion. LPL Financial had a return on equity of 57.63% and a net margin of 9.77%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.30 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 Wall Street analysts have issued twelve-month target prices for LPL Financial's stock. Their forecasts range from $65.00 to $98.00. On average, they expect LPL Financial's share price to reach $87.19 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for LPL Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

News headlines about LPLA stock have trended neutral recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LPL Financial earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage 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 impact on the stock's share price in the near future. View News Stories for LPL Financial.

LPL Financial saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,330,000 shares, an increase of 12.7% from the August 30th total of 1,180,000 shares. Based on an average daily trading volume, of 678,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.6% of the shares of the stock are short sold. View LPL Financial's Current Options Chain.

Some companies that are related to LPL Financial include Nasdaq (NDAQ), Cboe Global Markets (CBOE), BGC Partners (BGCP), INTL Fcstone (INTL), OTC Markets Group (OTCM), Yintech Investment (YIN), National (NHLD), Global Brokerage (GLBR) and Primus Guaranty (PRSG).

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), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), Navios Maritime Midstream Partners (NAP) and Government Properties Income Trust (GOV).

LPL Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.39%), Three Peaks Capital Management LLC (0.07%), Northpointe Capital LLC (0.06%), Hennessy Advisors Inc. (0.05%), Bowling Portfolio Management LLC (0.05%) and Envestnet Asset Management Inc. (0.02%). 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, Tracy Calder and William P Jr Morrissey. View Institutional Ownership Trends for LPL Financial.

LPLA stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., Meeder Asset Management Inc., Cerebellum GP LLC, Bowling Portfolio Management LLC, Hennessy Advisors Inc. and Navellier & Associates Inc. Company insiders that have sold LPL Financial company stock in the last year include Dan H Arnold, George Burton White, James S Riepe, John Andrew Kalbaugh, Matthew J Audette, Michelle Oroschakoff, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Three Peaks Capital Management LLC, Cerebellum GP LLC, Campbell & CO Investment Adviser LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, First Hawaiian Bank and Alpha Windward LLC. 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 $77.44.

LPL Financial has a market capitalization of $6.37 billion and generates $5.19 billion in revenue each year. The financial services provider earns $439.46 million in net income (profit) each year or $5.33 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]