NASDAQ:LPLA - LPL Financial Stock Price, Forecast & News

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

LPL Financial declared a quarterly dividend on Thursday, October 24th. Stockholders of record on Thursday, November 7th will be given a dividend of $0.25 per share on Thursday, November 21st. This represents a $1.00 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Wednesday, November 6th. View LPL Financial's Dividend History.

LPL Financial Holdings Inc (NASDAQ:LPLA) released its earnings results on Thursday, October, 24th. The financial services provider reported $1.71 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.61 by $0.10. The financial services provider earned $1.42 billion during the quarter, compared to the consensus estimate of $1.42 billion. LPL Financial had a return on equity of 59.56% and a net margin of 10.07%. LPL Financial's revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $1.19 earnings per share. View LPL Financial's Earnings History.

LPL Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for LPL Financial.

LPL Financial will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 1 year price objectives for LPL Financial's shares. Their forecasts range from $84.00 to $118.00. On average, they anticipate LPL Financial's stock price to reach $98.59 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for LPL Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LPL Financial.

News stories about LPLA stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. LPL Financial earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for LPL Financial.

Some companies that are related to LPL Financial include Goldman Sachs Group (GS), Morgan Stanley (MS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), Lazard (LAZ), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

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), Ford Motor (F), Martin Midstream Partners (MMLP) and Navios Maritime Midstream Partners (NAP).

LPL Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.52%), Hennessy Advisors Inc. (0.23%), Calamos Advisors LLC (0.09%), Three Peaks Capital Management LLC (0.05%), Tributary Capital Management LLC (0.02%) and TrimTabs Asset Management LLC (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 Three Peaks Capital Management LLC, Sciencast Management LP, State of Alaska Department of Revenue, TrimTabs Asset Management LLC and Raymond James Trust N.A.. 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, Thomas Gooley and Tracy Calder. View Insider Buying and Selling for LPL Financial.

LPLA stock was purchased by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Artemis Investment Management LLP, Tributary Capital Management LLC, Calamos Advisors LLC, Cerebellum GP LLC, IFP Advisors Inc and First Hawaiian Bank. 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 $98.93.

LPL Financial has a market capitalization of $8.00 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]