NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free LPLA Stock Alerts $266.32 +0.90 (+0.34%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$262.99▼$266.5950-Day Range$255.86▼$273.7752-Week Range$179.00▼$274.35Volume394,211 shsAverage Volume429,477 shsMarket Capitalization$19.89 billionP/E Ratio19.51Dividend Yield0.45%Price Target$276.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get LPL Financial alerts: Email Address LPL Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.6% Upside$276.00 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.60Based on 17 Articles This WeekInsider TradingSelling Shares$15.91 M Sold Last QuarterProj. Earnings Growth22.89%From $15.55 to $19.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.74 out of 5 starsFinance Sector86th out of 853 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry4th out of 10 stocks 2.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.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 5.0 Short Interest Percentage of Shares Shorted1.45% of the float of LPL Financial has been sold short.Short Interest Ratio / Days to CoverLPL Financial has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently decreased by 15.08%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of LPL Financial is 8.79%. 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 6.28% next year. This indicates that LPL Financial will be able to sustain or increase its dividend. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLPL Financial has received a 3.69% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Debt securities brokerage services", "Derivative securities brokerage services", and "Equity securities brokerage services" products. See details.Environmental SustainabilityThe Environmental Impact score for LPL Financial is -0.30. Previous Next 3.7 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.60. 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 higher news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for LPL Financial this week, compared to 10 articles on an average week.Search Interest6 people have searched for LPLA on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows75 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $15,911,088.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of LPL Financial is held by insiders.Percentage Held by Institutions95.66% of the stock of LPL Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 22.89% in the coming year, from $15.55 to $19.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 19.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.03.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 19.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 37.50.Price to Earnings Growth RatioLPL Financial has a PEG Ratio of 1.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLPL Financial has a P/B Ratio of 9.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Investing DailyHis win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.Click here now for the full story. About LPL Financial Stock (NASDAQ:LPLA)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 enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based 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 money market products; 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; trust, investment management oversight, and custodial services for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. 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 1989 and is based in San Diego, California.Read More LPLA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LPLA Stock News HeadlinesApril 28, 2024 | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Shares Down 0.3% April 26, 2024 | msn.comColumn-US bond price slide puts buyers to the test: McGeeverApril 28, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.April 25, 2024 | finance.yahoo.comLPL Wants to Change Terms With Some Large Partner Firms. Departures May Ensue.April 25, 2024 | globenewswire.comLPL Financial Welcomes Hickory Ridge Wealth PartnersApril 23, 2024 | markets.businessinsider.comLPL and Momentum Wealth Partners Welcome Sussex Wealth PartnersApril 23, 2024 | barrons.comLPL Financial Holdings Inc.April 23, 2024 | americanbankingnews.comLPL Financial (LPLA) to Release Earnings on TuesdayApril 28, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.April 22, 2024 | finance.yahoo.comEx-Merrill Lynch Advisor With $820 Million Jumps to LPL FinancialApril 22, 2024 | globenewswire.comHeritage Private Wealth launches with support from LPL Strategic Wealth ServicesApril 19, 2024 | bizjournals.comLPL executive departs to join fintech company TIFIN as president, chief revenue officerApril 18, 2024 | finance.yahoo.comLPL Financial Welcomes Spotlight FinancialApril 17, 2024 | finance.yahoo.comLPL Financial Welcomes Legacy Retirement PlanningApril 17, 2024 | globenewswire.comLPL Financial Welcomes Legacy Retirement PlanningApril 15, 2024 | globenewswire.comLPL Financial Welcomes Advisor Philip NationApril 11, 2024 | globenewswire.comLPL Financial Welcomes Strategic Insights Financial Planning GroupApril 10, 2024 | msn.comHow Jeff Yass’ firm makes money from companies like Trump’s Truth SocialApril 10, 2024 | globenewswire.comLPL Financial Welcomes Somnio WealthApril 9, 2024 | globenewswire.comLPL Financial Releases 2024 Sustainability ReportApril 9, 2024 | globenewswire.comLPL Financial Announces First Quarter 2024 Earnings Release Date and Conference CallApril 9, 2024 | businesswire.comGateway Expands Private Wealth DivisionApril 9, 2024 | msn.comMorgan Stanley upgrades Nasdaq and LPL Financial, downgrades CBOEApril 6, 2024 | morningstar.comLPL Financial Holdings IncApril 4, 2024 | globenewswire.comMG Partners Private Wealth launches with support from LPL Strategic Wealth ServicesApril 2, 2024 | markets.businessinsider.comBank of America Securities Keeps Their Hold Rating on LPL Financial (LPLA)April 2, 2024 | investing.comIndexes end lower as Tesla drops, rate cut timing weighedSee More Headlines Receive LPLA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LPL Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Ex-Dividend for 3/26 Dividend3/11/2024Dividend Payable3/26/2024Today4/28/2024Next Earnings (Confirmed)4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryInvestment Banking & Brokerage Current SymbolNASDAQ:LPLA CUSIP50212V10 CIK1397911 Webwww.lpl.com Phone(800) 877-7210FaxN/AEmployees8,400Year Founded1989Price Target and Rating Average Stock Price Target$276.00 High Stock Price Target$315.00 Low Stock Price Target$233.00 Potential Upside/Downside+0.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$13.65 Trailing P/E Ratio19.51 Forward P/E Ratio17.13 P/E Growth1.29Net Income$1.07 billion Net Margins10.61% Pretax Margin14.37% Return on Equity57.68% Return on Assets12.73% Debt Debt-to-Equity Ratio1.80 Current Ratio1.77 Quick Ratio1.77 Sales & Book Value Annual Sales$10.05 billion Price / Sales1.98 Cash Flow$20.99 per share Price / Cash Flow12.69 Book Value$27.49 per share Price / Book9.69Miscellaneous Outstanding Shares74,700,000Free Float73,730,000Market Cap$19.89 billion OptionableOptionable Beta0.84 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $4.84MMr. Matthew Jon Audette B.S. (Age 49)Principal Accounting Officer, CFO & Head of Business Operations Comp: $2.13MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $1.87MMr. Kabir Sethi (Age 53)MD & Chief Product Officer Comp: $1.07MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Greg Gates (Age 46)MD and Chief Technology & Information Officer Mr. Chris KoegelSenior Vice President of Investor RelationsMs. Michelle B. Oroschakoff (Age 62)Chief Legal Officer, MD of Compliance and Legal & Risk Comp: $1.05MMs. Sallie R. Larsen B.A. (Age 70)M.A., MD & Chief Human Capital Officer Comp: $850.7kMore ExecutivesKey CompetitorsTradeweb MarketsNASDAQ:TWT. Rowe Price GroupNASDAQ:TROWNasdaqNASDAQ:NDAQStoneX GroupNASDAQ:SNEXYintech InvestmentNASDAQ:YINView All CompetitorsInsiders & InstitutionsFoster Victor Wealth Advisors LLCBought 5,223 shares on 4/27/2024Ownership: 0.066%Sumitomo Life Insurance Co.Sold 191 shares on 4/26/2024Ownership: 0.011%MONECO Advisors LLCBought 498 shares on 4/26/2024Ownership: 0.003%Yousif Capital Management LLCBought 94 shares on 4/26/2024Ownership: 0.002%SYSTM Wealth Solutions LLCBought 324 shares on 4/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy LPL Financial Stock? LPLA Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in LPL Financial Holdings Inc.: LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent financial advisors and enterprises in the United States, offering a diverse range of investment options including mutual funds, equities, fixed income, and alternative investments. The company offers fee-based platforms that provide access to various investment products like mutual funds, exchange-traded funds, and stocks, catering to different investor preferences and risk profiles. LPL Financial Holdings Inc. also provides retirement solutions for both commission-and fee-based services, allowing advisors to offer comprehensive brokerage services, consultation, and advice to retirement plan sponsors, tapping into the growing retirement planning market. Recent insider buying activity, such as Director Kabir Sethi purchasing shares of the company, can indicate confidence in the company's future prospects, potentially signaling positive momentum. With a current stock price that reflects market sentiment and company performance, investors can evaluate the stock's valuation and potential for growth, making informed investment decisions. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: As a company operating in the financial services sector, LPL Financial Holdings Inc. is subject to market volatility and regulatory changes, which can impact its financial performance and stock price. The competitive landscape in the brokerage and investment advisory services industry is intense, with the company facing competition from established firms and new entrants, potentially affecting its market share and profitability. Market conditions and economic factors can influence the demand for financial services and investment products, impacting the company's revenue and earnings growth potential. Changes in interest rates and investment trends can affect the company's asset under management (AUM) and fee-based revenue, leading to fluctuations in financial results and investor sentiment. External factors such as geopolitical events, economic downturns, or unexpected market shocks can pose risks to the company's operations and financial stability, affecting investor confidence and stock performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com. LPLA Stock Analysis - Frequently Asked Questions Should I buy or sell LPL Financial stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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. What is LPL Financial's stock price target for 2024? 9 analysts have issued twelve-month price targets for LPL Financial's shares. Their LPLA share price targets range from $233.00 to $315.00. On average, they anticipate the company's stock price to reach $276.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View analysts price targets for LPLA or view top-rated stocks among Wall Street analysts. How have LPLA shares performed in 2024? LPL Financial's stock was trading at $227.62 at the start of the year. Since then, LPLA shares have increased by 17.0% and is now trading at $266.32. View the best growth stocks for 2024 here. Are investors shorting LPL Financial? LPL Financial saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,070,000 shares, a drop of 15.1% from the March 31st total of 1,260,000 shares. Based on an average trading volume of 532,700 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.5% of the shares of the stock are sold short. View LPL Financial's Short Interest. When is LPL Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our LPLA earnings forecast. How can I listen to LPL Financial's earnings call? 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. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $3.51 EPS for the quarter, beating the consensus estimate of $3.33 by $0.18. The financial services provider earned $2.64 billion during the quarter, compared to analysts' expectations of $2.55 billion. LPL Financial had a trailing twelve-month return on equity of 57.68% and a net margin of 10.61%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.21 earnings per share. How often does LPL Financial pay dividends? What is the dividend yield for LPL Financial? LPL Financial announced a quarterly dividend on Tuesday, January 30th. Investors 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 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Monday, March 11th. Read our dividend analysis for LPLA. Is LPL Financial a good dividend stock? LPL Financial (NASDAQ:LPLA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.45%. 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. What ETFs hold LPL Financial's stock? ETFs with the largest weight of LPL Financial (NASDAQ:LPLA) stock in their portfolio include AdvisorShares Gerber Kawasaki ETF (GK), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND), Nuveen ESG Mid-Cap Growth ETF (NUMG), Proshares Equities For Rising Rates ETF (EQRR), SPDR S&P Capital Markets ETF (KCE) and BlackRock Large Cap Core ETF (BLCR). What is Dan Arnold's approval rating as LPL Financial's CEO? 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. 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 (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). Who are LPL Financial's major shareholders? LPL Financial's stock is owned by many different retail and institutional investors. Top institutional investors include WCM Investment Management LLC (2.27%), Bank of New York Mellon Corp (1.30%), Raymond James & Associates (0.50%), Allspring Global Investments Holdings LLC (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.25%) and Artemis Investment Management LLP (0.15%). 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. 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. Compare Top Brokerages Here. Does LPL Financial have any subsidiaries? The following companies are subsidiares of LPL Financial: AW Subsidiary Inc., AdvisoryWorld, AdvisoryWorld, Allen & Company of Florida LLC, Blaze Portfolio Systems LLC, BlazePortfolio, Fortigent Holdings Company Inc., Fortigent LLC, Fortigent LLC, LPL Employee Services LLC, LPL Financial LLC, LPL Holdings Inc., LPL Insurance Associates Inc., Lucia Securities, National Planning Holdings, PTC Holdings Inc., and The Private Trust Company N.A..Read More This page (NASDAQ:LPLA) was last updated on 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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