LPL Financial (LPLA) Stock Price, News & Analysis

Company Overview

LPL Financial (NASDAQ:LPLA) is one of the largest independent broker-dealers and registered investment advisor (RIA) custodians in the United States. The firm provides comprehensive brokerage and advisory services to a network of independent financial advisors, registered investment advisors, and financial institutions. Through its platform, LPL offers clearing and transaction processing, custody services, and regulatory support, enabling advisors to manage client assets efficiently while maintaining autonomy over their practices.

The company’s service offerings encompass wealth management solutions, practice management resources, technology platforms, and research support. Advisors leveraging LPL’s technology gain access to a suite of digital tools for portfolio management, financial planning, client relationship management, and compliance monitoring. The firm also supplies market research, educational programs, and strategic consulting to help advisors grow their businesses and navigate evolving regulatory landscapes.

Founded in 1989 through the merger of Linsco and Private Ledger, LPL Financial has grown steadily by expanding its service capabilities and advisor network. The firm has broadened its product lineup to include mutual funds, exchange-traded funds, annuities, insurance products, and alternative investments. With a focus on innovation and advisor-centric service, LPL has maintained its position as a prominent independent channel for financial professionals seeking to align client needs with diverse investment opportunities.

Headquartered in San Diego, California, LPL Financial operates several regional offices across the United States, including locations in Boston, Charlotte, and Fort Mill. The firm’s leadership team is led by President and Chief Executive Officer Dan Arnold, under whose guidance LPL has continued to enhance its technology infrastructure, expand its advisory network, and reinforce its commitment to advisor independence. Serving tens of thousands of financial professionals, LPL remains dedicated to empowering advisors and institutions with the resources and flexibility necessary to deliver personalized client solutions.

Key Stats

• Today's Range: $360.76 to $372.72
• 50-Day Range: $331.12 to $388.96
• 52-Week Range: $187.19 to $390.23
• Volume: 638,900 shs
• Average Volume: 854,231 shs
• Market Capitalization: $29.35 billion
• P/E Ratio: 25.40
• Dividend Yield: 0.33%
• Price Target: $372.15
• Consensus Rating: Moderate Buy

LPL Financial Stock Analysis - MarketRank™

LPL Financial scored higher than 94% of companies evaluated by MarketBeat, and ranked 99th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

LPL Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 11 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

LPL Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 20.62%

Earnings Growth

Earnings for LPL Financial are expected to grow by 20.62% in the coming year, from $19.35 to $23.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LPL Financial is 25.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of LPL Financial is 25.29, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.07.

Price to Earnings Growth Ratio

LPL Financial has a PEG Ratio of 0.92. 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 9.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.17% 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 2.4, 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 7.50%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

LPL Financial has a dividend yield of 0.32%, 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 8.30%. 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 5.14% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -0.30

Percentage of Shares Shorted

2.17% 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 2.4, 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 7.50%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.54

News Sentiment

LPL Financial has a news sentiment score of 0.54. 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 lower news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 34 news articles for LPL Financial this week, compared to 20 articles on an average week.

Search Interest

Only 3 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

5 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $573,945.00 in company stock.

Percentage Held by Insiders

Only 1.30% of the stock of LPL Financial is held by insiders.

Percentage Held by Institutions

95.66% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LPLA Stock Analysis - Frequently Asked Questions

How have LPLA shares performed this year?

LPL Financial's stock was trading at $326.51 at the beginning of the year. Since then, LPLA stock has increased by 12.2% and is now trading at $366.31.

How were LPL Financial's earnings last quarter?

LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, May, 8th. The financial services provider reported $5.15 EPS for the quarter, beating the consensus estimate of $4.54 by $0.61. LPL Financial's revenue for the quarter was up 4.5% compared to the same quarter last year.
Read the conference call transcript.

Does LPL Financial have any subsidiaries?

The following companies are subsidiaries of LPL Financial: BlazePortfolio, Lucia Securities, AdvisoryWorld, National Planning Holdings, Fortigent LLC, AdvisoryWorld, Allen & Company of Florida LLC, and others.

Who are LPL Financial's major shareholders?

Top institutional investors of LPL Financial include Family Wealth Partners LLC (0.14%), UMB Bank n.a. (0.05%), Mn Services Vermogensbeheer B.V. (0.04%) and Reinhart Partners LLC. (0.04%). Insiders that own company stock include Dan H Arnold, Sallie R Larsen, Michelle Oroschakoff, Greg Gates, Richard Steinmeier, Matthew J Audette, Kabir Sethi, Matthew Enyedi, Brent Simonich, Marc Eliot Cohen, Aneri Jambusaria 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of LPL Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LPL Financial investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AU Optronics (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 5/08/2025
• Record date for 6/12 Dividend: 5/30/2025
• Ex-Dividend for 6/12 Dividend: 5/30/2025
• Dividend Payable: 6/12/2025
• Today: 7/15/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - INVEST BKRS
• Sub-Industry: Investment Banking & Brokerage
• Current Symbol: NASDAQ:LPLA
• CIK: 1397911
• Web: www.lpl.com
• Phone: (800) 877-7210
• Fax: N/A
• Employees: 9,000
• Year Founded: 1989

Price Target and Rating

• Average Price Target for LPL Financial: $369.08
• High Price Target: $460.00
• Low Price Target: $80.00
• Potential Upside/Downside: -0.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.77
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $14.45
• Trailing P/E Ratio: 25.64
• Forward P/E Ratio: 19.15
• P/E Growth: 0.92
• Net Income: $1.06 billion
• Net Margins: 8.23%
• Pretax Margin: 10.86%
• Return on Equity: 46.34%
• Return on Assets: 10.36%

Debt

• Debt-to-Equity Ratio: 1.82
• Current Ratio: 2.31
• Quick Ratio: 2.31

Sales & Book Value

• Annual Sales: $13.22 billion
• Price / Sales: 2.24
• Cash Flow: $22.62 per share
• Price / Cash Flow: 16.38
• Book Value: $39.14 per share
• Price / Book: 9.47

Miscellaneous

• Outstanding Shares: 79,976,000
• Free Float: 79,416,000
• Market Cap: $29.63 billion
• Optionable: Optionable
• Beta: 0.64