NASDAQ:LPLA LPL Financial (LPLA) Stock Price, News & Analysis $211.43 -4.44 (-2.06%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$210.02▼$216.8750-Day Range$193.00▼$282.1052-Week Range$187.19▼$289.88Volume801,608 shsAverage Volume707,220 shsMarket Capitalization$15.80 billionP/E Ratio15.97Dividend Yield0.57%Price Target$279.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get LPL Financial alerts: Email Address LPL Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside32.1% Upside$279.30 Price TargetShort InterestHealthy1.79% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.44Based on 13 Articles This WeekInsider TradingSelling Shares$1.57 M Sold Last QuarterProj. Earnings Growth22.15%From $15.85 to $19.36 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.4.90 out of 5 starsFinance Sector27th out of 871 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry1st out of 10 stocks 4.2 Analyst's Opinion Consensus RatingLPL Financial has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageLPL Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about LPL Financial's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.79% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in LPL Financial has recently increased by 56.01%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldLPL Financial has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthLPL Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of LPL Financial is 9.06%. 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 6.20% next year. This indicates that LPL Financial will be able to sustain or increase its dividend.Read more about LPL Financial's 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 1.9 News and Social Media Coverage News SentimentLPL Financial has a news sentiment score of 0.44. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for LPL Financial this week, compared to 11 articles on an average week.Search InterestOnly 6 people have searched for LPLA on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added LPL Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -73% 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 $1,574,289.00 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.Read more about LPL Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for LPL Financial are expected to grow by 22.15% in the coming year, from $15.85 to $19.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of LPL Financial is 15.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of LPL Financial is 15.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.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 6.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about LPL Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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 HeadlinesSeptember 5 at 9:11 PM | msn.comLPL Financial to Buy $9 Billion Wealth Management Firm The Investment CenterSeptember 5 at 9:11 PM | finance.yahoo.comManager of the ACGM Total Portfolio Solutions Suite™ Announces Its Availability via LPL Financial's Manager Access Network (MAN)September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 4 at 11:59 AM | markets.businessinsider.comLPL Financial to Acquire The Investment Center, Inc.September 4 at 8:45 AM | globenewswire.comLPL Financial to Acquire The Investment Center, Inc.September 4 at 2:59 AM | americanbankingnews.comLPL Financial (NASDAQ:LPLA) Rating Lowered to Sell at StockNews.comSeptember 4 at 1:58 AM | marketwatch.comStock Market Today: Dow ends down over 600 points to suffer worst day since early August after weak manufacturing readingSeptember 4 at 1:58 AM | markets.businessinsider.comLPL Financial Appoints Tom Gannon as Chief Advocacy OfficerSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 1, 2024 | msn.comBig banks are taking heat for paying low rates on idle cashAugust 29, 2024 | investing.comDow hits record high; Nvidia dips after forecastAugust 28, 2024 | americanbankingnews.comBrokerages Set LPL Financial Holdings Inc. (NASDAQ:LPLA) PT at $279.30August 27, 2024 | investing.comJPMorgan Chase is sued over low rates on cash sweepsAugust 26, 2024 | finance.yahoo.comLPL Financial welcomes advisor Kelly ComptonAugust 26, 2024 | globenewswire.comLPL Financial welcomes advisor Kelly ComptonAugust 25, 2024 | uk.investing.comLPL Financial holds steady with a target from TD CowenAugust 23, 2024 | markets.businessinsider.comBarclays Sticks to Its Buy Rating for LPL Financial (LPLA)August 23, 2024 | markets.businessinsider.comTD Cowen Reaffirms Their Hold Rating on LPL Financial (LPLA)See 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 Earnings7/25/2024Ex-Dividend for 8/23 Dividend8/09/2024Dividend Payable8/23/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal 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$279.30 High Stock Price Target$334.00 Low Stock Price Target$215.00 Potential Upside/Downside+32.1%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$13.24 Trailing P/E Ratio15.97 Forward P/E Ratio13.34 P/E Growth1.29Net Income$1.07 billion Net Margins8.91% Pretax Margin12.04% Return on Equity52.14% Return on Assets11.01% Debt Debt-to-Equity Ratio1.77 Current Ratio2.16 Quick Ratio2.16 Sales & Book Value Annual Sales$10.93 billion Price / Sales1.45 Cash Flow$19.78 per share Price / Cash Flow10.69 Book Value$33.64 per share Price / Book6.29Miscellaneous Outstanding Shares74,709,000Free Float73,738,000Market Cap$15.80 billion OptionableOptionable Beta0.88 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Dan Hogan Arnold Jr. (Age 60)B.S., CPA, M.B.A., President, CEO & Director Comp: $5.04MMr. Matthew Jon Audette B.S. (Age 49)CFO & Head of Business Operations Comp: $2.08MMr. Greg Gates (Age 47)MD and Chief Technology & Information Officer Comp: $1.96MMr. Richard Steinmeier (Age 50)MD & Divisional President of Business Development Comp: $2.35MMr. Matthew K. Enyedi (Age 50)Managing Director of Client Success Comp: $1.35MMs. Judith Kohoskie RickettsExecutive Vice President of OperationsMr. Marc Andrew Zabicki C.F.A.Chief Investment OfficerMr. Chris KoegelSenior Vice President of Investor RelationsMs. Althea Brown (Age 47)MD & Chief Legal Officer Ms. Sara Dadyar (Age 50)MD & Chief Human Capital Officer More ExecutivesKey CompetitorsRaymond JamesNYSE:RJFEvercoreNYSE:EVRStifel FinancialNYSE:SFLazardNYSE:LAZBGC GroupNASDAQ:BGCView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 13,060 shares on 9/5/2024Ownership: 0.017%Coronation Fund Managers Ltd.Sold 168,923 shares on 9/4/2024Ownership: 0.173%Brown Financial AdvisorsBought 1,111 shares on 8/30/2024Ownership: 0.001%Cetera Investment AdvisersBought 805 shares on 8/22/2024Ownership: 0.019%Truist Financial CorpBought 6,646 shares on 8/21/2024Ownership: 0.229%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 has a current dividend yield of 0.56%, providing investors with a steady income stream relative to the stock price. The company's recent quarterly earnings report exceeded analyst expectations, with an EPS of $3.88, showcasing strong financial performance. Despite recent fluctuations, LPL Financial has a solid market capitalization of $16.10 billion, indicating stability and size in the market. Several hedge funds and institutional investors have shown interest in LPL Financial, suggesting confidence in the company's future growth potential. With a consensus target price of $283.30, analysts foresee potential upside in the stock, making it an attractive investment opportunity. Cons Investors should be bearish about investing in LPL Financial Holdings Inc. for these reasons: The stock price of LPL Financial has experienced a recent decline of 2.6%, indicating short-term volatility and potential uncertainty in the market. 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 Tuesday, August 20, 2024. Please send any questions or comments about these LPL Financial pros and cons to contact@marketbeat.com. LPLA Stock Analysis - Frequently Asked Questions How have LPLA shares performed this year? LPL Financial's stock was trading at $227.62 at the beginning of 2024. Since then, LPLA stock has decreased by 7.1% and is now trading at $211.43. View the best growth stocks for 2024 here. How were LPL Financial's earnings last quarter? LPL Financial Holdings Inc. (NASDAQ:LPLA) issued its earnings results on Thursday, July, 25th. The financial services provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.66 by $0.22. The business's revenue for the quarter was up 18.8% on a year-over-year basis. 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. Does LPL Financial have any subsidiaries? LPL Financial subsidiaries include these companies: 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 Kayne Anderson Rudnick Investment Management LLC (3.47%), Samlyn Capital LLC (1.60%), Bank of New York Mellon Corp (1.24%) and Massachusetts Financial Services Co. MA (1.18%). Insiders that own company stock include Dan H Arnold, Sallie R Larsen, Michelle Oroschakoff, Richard Steinmeier, Matthew J Audette, Kabir Sethi, Matthew Enyedi, Brent Simonich, William Francis Glavin Jr, Aneri Jambusaria, George Burton White and Edward Fandrey. 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. 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 Energy Transfer (ET), AT&T (T), Cornerstone Total Return Fund (CRF), Wells Fargo & Company (WFC), CBL & Associates Properties (CBL), Ford Motor (F) and SandRidge Permian Trust (PER). 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