LPL Financial (LPLA) to Release Quarterly Earnings on Thursday

LPL Financial (NASDAQ:LPLA - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $4.63 per share and revenue of $3.63 billion for the quarter.

LPL Financial (NASDAQ:LPLA - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The financial services provider reported $4.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.01 by $0.24. LPL Financial had a return on equity of 49.41% and a net margin of 8.55%. On average, analysts expect LPL Financial to post $19 EPS for the current fiscal year and $23 EPS for the next fiscal year.

LPL Financial Trading Down 0.4 %

NASDAQ LPLA traded down $1.30 during trading hours on Friday, reaching $314.54. The company had a trading volume of 428,773 shares, compared to its average volume of 827,851. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $24.96 billion, a P/E ratio of 22.40, a price-to-earnings-growth ratio of 0.94 and a beta of 0.64. The stock has a 50-day moving average of $327.56 and a 200 day moving average of $323.48. LPL Financial has a 1-year low of $187.19 and a 1-year high of $384.04.

LPL Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th were issued a $0.30 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 0.38%. LPL Financial's dividend payout ratio is currently 8.55%.

Insider Buying and Selling at LPL Financial

In other news, CFO Matthew J. Audette sold 4,588 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $360.07, for a total value of $1,652,001.16. Following the completion of the transaction, the chief financial officer now owns 16,538 shares in the company, valued at approximately $5,954,837.66. This represents a 21.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Marc Eliot Cohen sold 1,100 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $365.85, for a total transaction of $402,435.00. Following the completion of the transaction, the director now directly owns 4,075 shares in the company, valued at $1,490,838.75. This trade represents a 21.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 34,465 shares of company stock valued at $12,562,070. Insiders own 1.30% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on LPLA shares. Barclays cut their target price on LPL Financial from $414.00 to $365.00 and set an "overweight" rating on the stock in a research report on Monday, April 7th. StockNews.com downgraded LPL Financial from a "hold" rating to a "sell" rating in a report on Wednesday, March 26th. Wells Fargo & Company lowered their target price on LPL Financial from $405.00 to $342.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Keefe, Bruyette & Woods boosted their price target on shares of LPL Financial from $390.00 to $405.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Finally, UBS Group raised their price objective on shares of LPL Financial from $390.00 to $420.00 and gave the company a "buy" rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $369.83.

About LPL Financial

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.