LPL Financial Holdings Inc. (LPLA)

NASDAQ: LPLA · IEX Real-Time Price · USD
240.67
-0.48 (-0.20%)
Sep 25, 2023, 4:00 PM EDT - Market closed
-0.2%
Market Cap 18.36B
Revenue (ttm) 9.38B
Net Income (ttm) 1.18B
Shares Out 76.30M
EPS (ttm) 14.68
PE Ratio 16.39
Forward PE 14.05
Dividend $1.20 (0.50%)
Ex-Dividend Date Aug 10, 2023
Volume 321,477
Open 240.49
Previous Close 241.15
Day's Range 239.80 - 242.66
52-Week Range 179.00 - 271.56
Beta 0.92
Analysts Buy
Price Target 255.36 (+6.1%)
Earnings Date Oct 26, 2023

About 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, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory platforms that pro... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Nov 18, 2010
Employees 6,900
Stock Exchange NASDAQ
Ticker Symbol LPLA
Full Company Profile

Financial Performance

In 2022, LPLA's revenue was $8.60 billion, an increase of 11.40% compared to the previous year's $7.72 billion. Earnings were $845.70 million, an increase of 83.90%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LPLA stock is "Buy." The 12-month stock price forecast is $255.36, which is an increase of 6.10% from the latest price.

Price Target
$255.36
(6.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

LPL Financial Welcomes Wealth Management and Legacy Planning Group

CHARLOTTE, N.C., Sept. 25, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Angelo Burns, Larisa Holiday, Eli Montoya and Manny Pedroza have joined LPL Financial's br...

23 hours ago - GlobeNewsWire

LPL Financial's Greg Gates Named Chief Technology Officer of the Year

Executive recognized for transforming LPL's tech infrastructure at “Wealthies” gala Executive recognized for transforming LPL's tech infrastructure at “Wealthies” gala

3 days ago - GlobeNewsWire

LPL Financial Reports Monthly Activity for August 2023

SAN DIEGO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA) (the “Company”), today released its monthly...

4 days ago - GlobeNewsWire

LPL Financial Highlights Progress of Liquidity & Succession Program

Program allows advisors the freedom to refocus on their clients while preserving their legacy Program allows advisors the freedom to refocus on their clients while preserving their legacy

5 days ago - GlobeNewsWire

Financial Advisor Aaron Cizon Joins Linsco by LPL Financial

CHARLOTTE, N.C., Sept. 19, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC  announced today that financial advisor Aaron Cizon has joined LPL's employee advisor channel, Linsco by LPL Financial, to launch ...

7 days ago - GlobeNewsWire

The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services

CHARLOTTE, N.C., Sept. 18, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Burke Francis and Christopher Francis, who have more than 80 years of combined experience, have joined LPL Fi...

8 days ago - GlobeNewsWire

FINANCIAL RESOURCES GROUP ANNOUNCES PARTNERSHIP WITH KERRIGAN GROUP AND WINONA WEALTH MANAGEMENT

FORT MILL, S.C. , Sept. 6, 2023 /PRNewswire/ -- Financial Resources Group Investment Services, LLC ("Financial Resources Group") announces their partnership with Georgia-based Kerrigan Group and India...

19 days ago - PRNewsWire

LPL Financial Welcomes Validus Financial Associates

CHARLOTTE, N.C., Sept. 06, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Validus Financial Associates has joined LPL Financial's broker-dealer, RIA and custodial platforms. The team ...

19 days ago - GlobeNewsWire

LPL Financial Technology Leader Greg Gates Named CIO of the Year

CHARLOTTE, N.C., Aug. 29, 2023 (GLOBE NEWSWIRE) -- LPL Financial today announced that Greg Gates, managing director and chief technology & information officer, was named CharlotteCIO CIO of the Year b...

27 days ago - GlobeNewsWire

Woman-Led Revel Private Wealth Launches With Support From LPL Financial

CHARLOTTE, N.C., Aug. 28, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Megan M. Stirrat, CFP®, CDFA®, SE-AWMA® and Tenley Y. Hardt have joined LPL Financial to la...

4 weeks ago - GlobeNewsWire

Prudential Financial and LPL Financial Sign Strategic Relationship Agreement to Expand Retail Wealth Management Capabilities and Drive Growth

NEWARK, N.J. and CHARLOTTE, N.C., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Prudential Financial, Inc. (NYSE: PRU) (“Prudential”) and LPL Financial Holdings Inc. (Nasdaq: LPLA) (“LPL”) today announced a strat...

4 weeks ago - GlobeNewsWire

Commerce Financial Advisors Joins LPL Financial's Institution Services Platform

The business includes nearly 30 financial advisors serving approximately $4.7 billion AUM The business includes nearly 30 financial advisors serving approximately $4.7 billion AUM

4 weeks ago - GlobeNewsWire

Financial Advisor Matthew Holbrook Joins Linsco by LPL Financial

CHARLOTTE, N.C., Aug. 22, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Matthew Holbrook, CFP®, has joined LPL's employee advisor channel,  Linsco by LPL Financial ...

4 weeks ago - GlobeNewsWire

LPL Financial Welcomes Watermark Wealth Management

CHARLOTTE, N.C., Aug. 21, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Watermark Wealth Management has joined LPL Financial's broker-dealer, RIA and custodial platforms. The team of...

5 weeks ago - GlobeNewsWire

LPL Financial Reports Monthly Activity for July 2023

SAN DIEGO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC (“LPL Financial”), a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA) (the “Company”), today released its monthly ...

5 weeks ago - GlobeNewsWire

LPL Financial Study Reveals How Top Advisors Achieve Extraordinary Results

Top 10% of advisors use four business-building strategies to pursue success Top 10% of advisors use four business-building strategies to pursue success

5 weeks ago - GlobeNewsWire

LPL Financial Welcomes Financial Advisor Andrew Hayek

CHARLOTTE, N.C., Aug. 16, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Andrew Hayek CFP® has joined LPL Financial's broker-dealer, RIA and custodial platforms, ali...

5 weeks ago - GlobeNewsWire

Breakaway Wealth Management Launches with Support From LPL Financial

CHARLOTTE, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Roger Relucio CFP®, CRPC®, Pasqualino “Pat” Ruffa, CFP®, CRPC®, and David Kraus, CRPC®, hav...

5 weeks ago - GlobeNewsWire

LPL Financial Welcomes Financial Advisors Colleen Schuler and John Gibson

CHARLOTTE, N.C., Aug. 14, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC  announced today that financial advisors Colleen Schuler, MBA, CFP® and John Gibson, CFP® have joined LPL Financial's broker-dealer...

6 weeks ago - GlobeNewsWire

Financial Advisor Brendan Wood Joins Linsco by LPL Financial

CHARLOTTE, N.C., Aug. 09, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Brendan Wood, CIMA®, has joined LPL's employee advisor channel, Linsco by LPL Financial, to ...

6 weeks ago - GlobeNewsWire

Veritas Legacy Wealth Launches With Support From LPL Financial

CHARLOTTE, N.C., Aug. 08, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC  announced today that financial advisor John Klein CFP®, ChFC® has joined LPL Financial to launch a new independent practice, Verit...

6 weeks ago - GlobeNewsWire

LPL Adds Direct Indexing to Its Model Wealth Portfolios Platform

New capability helps give advisors a competitive edge with potential for improved after-tax outcomes for clients New capability helps give advisors a competitive edge with potential for improved after...

7 weeks ago - GlobeNewsWire

LPL Financial Kicks Off Its 2023 Flagship Focus Conference in San Diego

Nearly 8,000 attendees convene in SoCal to build upon the important work financial services professionals do for their clients, teams and communities Nearly 8,000 attendees convene in SoCal to build u...

7 weeks ago - GlobeNewsWire

LPL Financial Welcomes Return of Advisor Richard Donahue

CHARLOTTE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Richard “Dick” Donahue, CFP®, AIF®, has rejoined LPL Financial's broker-dealer, RIA and cust...

7 weeks ago - GlobeNewsWire

Pinnacle Private Wealth Advisors Launches With Support From LPL Financial

CHARLOTTE, N.C., July 31, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Matt Tabler, Mark Eberle and Mark Allison have joined LPL Financial to launch a new indepen...

2 months ago - GlobeNewsWire