LPL Financial (LPLA) Stock Price, News & Analysis

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LPLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPLA, but not buy additional shares or sell existing shares.
View LPLA analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 12-month price targets for LPL Financial's shares. Their LPLA share price targets range from $192.00 to $315.00. On average, they predict the company's stock price to reach $268.36 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price.
View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts.

LPL Financial's stock was trading at $227.62 at the beginning of 2024. Since then, LPLA stock has increased by 14.0% and is now trading at $259.44.
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LPL Financial saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 21.2% from the March 15th total of 1,040,000 shares. Based on an average daily volume of 535,600 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.7% of the company's shares are sold short.
View LPL Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LPLA earnings forecast.

LPL Financial will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

LPL Financial Holdings Inc. (NASDAQ:LPLA) announced its quarterly earnings results on Thursday, February, 1st. The financial services provider reported $3.51 earnings per share for the quarter, beating analysts' consensus estimates of $3.33 by $0.18. The financial services provider earned $2.64 billion during the quarter, compared to analyst estimates of $2.55 billion. LPL Financial had a net margin of 10.61% and a trailing twelve-month return on equity of 57.68%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $4.21 earnings per share.

LPL Financial announced a quarterly dividend on Tuesday, January 30th. Stockholders of record on Tuesday, March 12th will be paid a dividend of $0.30 per share on Tuesday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Monday, March 11th.
Read our dividend analysis for LPLA.

LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPLA will have a dividend payout ratio of 6.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPLA.

ETFs with the largest weight of LPL Financial (NASDAQ:LPLA) stock in their portfolio include AdvisorShares Gerber Kawasaki ETF (GK), Future Fund Active ETF (FFND), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Future Fund Long/Short ETF (FFLS), Proshares Equities For Rising Rates ETF (EQRR), Nuveen ESG Mid-Cap Growth ETF (NUMG), Global X Guru Index ETF (GURU) and SPDR S&P Capital Markets ETF (KCE).

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other LPL Financial investors own include Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL), Ford Motor (F), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP) and Martin Midstream Partners (MMLP).

LPL Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.15%), Reinhart Partners LLC. (0.10%), Transform Wealth LLC (0.04%), Winthrop Advisory Group LLC (0.03%), Eagle Rock Investment Company LLC (0.02%) and Hennessy Advisors Inc. (0.02%). Insiders that own company stock include Aneri Jambusaria, Brent Simonich, Dan H Arnold, Edward Fandrey, George Burton White, Kabir Sethi, Matthew Enyedi, Matthew J Audette, Michelle Oroschakoff, Richard Steinmeier, Sallie R Larsen, Scott Seese and William Francis Glavin Jr.
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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.
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