LPL Financial Holdings Inc. (LPLA)
NASDAQ:LPLA
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LPLA Stock Chart & Stats
$317.41
-$1.27(-0.38%)
At close: 4:00 PM EST
$317.41
-$1.27(-0.38%)
Day’s Range― - ―
52-Week Range$260.15 - $403.58
Previous CloseN/A
Volume60.60K
Average Volume (3M)1.06M
Market Cap
$23.51B
Enterprise Value$29.34B
Total Cash (Recent Filing)$2.91B
Total Debt (Recent Filing)$7.89B
Price to Earnings (P/E)26.1
Beta1.19
Next Earnings
Jul 23, 2026EPS Estimate
5.36Next Dividend Ex-DateN/A
Dividend Yield0.32%
Share Statistics
EPS (TTM)11.26
Shares Outstanding79,982,864
10 Day Avg. Volume1,061,081
30 Day Avg. Volume1,063,512
Financial Highlights & Ratios
PEG Ratio-1.44
Price to Book (P/B)5.26
Price to Sales (P/S)1.65
P/FCF Ratio-28.29
Enterprise Value/Market Cap1.25
Enterprise Value/Revenue1.61
Enterprise Value/Gross Profit6.82
Enterprise Value/Ebitda12.75
Forecast
1Y Price Target
$394.22Price Target Upside24.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)22.89
Revenue Forecast (FY)$20.58B
Bulls Say, Bears Say
Bulls Say
Scaled, Diversified Revenue BaseLPL’s platform model generates multiple durable revenue streams (commissions, advisory fees, net interest, asset-based and services). Multi-channel scale and diversified fees reduce reliance on any single product, supporting stable top-line growth and resilience across cycles.
Advisor Recruiting And RetentionSustained recruiting and very high retention indicate strong advisor stickiness and distribution scale. Consistent net new assets deepen client relationships, drive recurring fee income, and amplify cross-sell potential, supporting durable AUA growth and recurring revenue.
Technology & AI InvestmentOngoing AI and platform modernization can structurally lower servicing costs, improve advisor productivity and speed product development. Successful execution would raise operating leverage, enhance competitive differentiation, and sustainably reduce cost-to-serve over the medium term.
Bears Say
Weak Cash GenerationPersistently negative operating and free cash flow increases reliance on external funding or balance-sheet actions for buybacks, acquisitions and capital needs. Over months this constrains capital flexibility, elevates refinancing risk and limits ability to absorb earnings volatility.
Elevated LeverageA sizable debt load relative to equity reduces strategic optionality and raises sensitivity to margin pressure or rising rates. If profitability or cash generation deteriorates, leverage could force cost-cutting, asset sales or constrained M&A, increasing execution risk over the medium term.
Market & Integration ExposureRevenue tied to client asset levels makes LPL vulnerable to market downturns. Integration and adviser retention shortfalls at Commonwealth reduce near‑term expected synergies and create execution risk that can pressure margins and AUA-dependent fee revenue over months.
LPL Financial News
LPLA FAQ
What was LPL Financial Holdings Inc.’s price range in the past 12 months?
LPL Financial Holdings Inc. lowest stock price was $260.15 and its highest was $403.57 in the past 12 months.
What is LPL Financial Holdings Inc.’s market cap?
LPL Financial Holdings Inc.’s market cap is $23.51B.
When is LPL Financial Holdings Inc.’s upcoming earnings report date?
LPL Financial Holdings Inc.’s upcoming earnings report date is Jul 23, 2026 which is in 34 days.
How were LPL Financial Holdings Inc.’s earnings last quarter?
LPL Financial Holdings Inc. released its earnings results on Apr 30, 2026. The company reported $5.6 earnings per share for the quarter, beating the consensus estimate of $5.479 by $0.121.
Is LPL Financial Holdings Inc. overvalued?
According to Wall Street analysts LPL Financial Holdings Inc.’s price is currently Undervalued.
Does LPL Financial Holdings Inc. pay dividends?
LPL Financial Holdings Inc. pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 0.32%. See more information on LPL Financial Holdings Inc. dividends here
What is LPL Financial Holdings Inc.’s EPS estimate?
LPL Financial Holdings Inc.’s EPS estimate is 5.36.
How many shares outstanding does LPL Financial Holdings Inc. have?
LPL Financial Holdings Inc. has 79,982,864 shares outstanding.
What happened to LPL Financial Holdings Inc.’s price movement after its last earnings report?
LPL Financial Holdings Inc. reported an EPS of $5.6 in its last earnings report, beating expectations of $5.479. Following the earnings report the stock price went down -4.639%.
Which hedge fund is a major shareholder of LPL Financial Holdings Inc.?
Currently, no hedge funds are holding shares in LPLA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
LPL Financial Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$394.22 (24.20% Upside)
$394.22 (24.20% Upside)
Blogger Sentiment
Bullish
LPLA Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 998.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.15%
12-Months-Change
Fundamentals
Return on Equity
17.04%
Trailing 12-Months
Asset Growth
34.89%
Trailing 12-Months
Company Description
LPL Financial Holdings Inc.
LPL Financial Holdings Inc., operating through its subsidiaries, delivers an integrated ecosystem of brokerage and investment advisory solutions. These services are primarily aimed at independent financial professionals and advisors affiliated with financial institutions across the United States. The firm's brokerage division offers a diverse range of financial instruments, encompassing various annuities (both variable and fixed), mutual funds, equities, and savings vehicles for retirement and education. It also includes fixed income products, insurance, and specialized alternative investments such as non-traded real estate investment trusts and auction rate notes. Furthermore, LPL provides advanced advisory platforms that facilitate access to mutual funds, exchange-traded funds (ETFs), stocks, bonds, specific option strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities. The company also extends its offerings to include money market programs and versatile retirement solutions. These solutions support both commission-based and fee-based services, empowering advisors to furnish brokerage services, consultation, and strategic advice to retirement plan sponsors. Additional services encompass essential tools designed to help advisors maintain and grow their practices. LPL also offers trust, investment management oversight, and custodial services tailored for estates and families, alongside insurance brokerage general agency services. Complementing these are sophisticated technology products, including proposal generation, investment analytics, and portfolio modeling capabilities. Founded in San Diego, California, in 1989, the company initially operated as LPL Investment Holdings Inc. before officially changing its name to LPL Financial Holdings Inc. in June 2012.
LPLA Company Deck
LPLA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operating and financial results—record adjusted EPS (+9% YoY), solid organic net new assets ($21B, ~4% annualized), improved recruiting and record pipeline levels, high asset retention (98% Q1), sequential revenue gains across major categories, and demonstrated cost discipline with a tightened G&A outlook. Near‑term challenges and uncertainties were acknowledged, including market‑driven asset declines reducing total assets and Commonwealth run‑rate EBITDA, Commonwealth retention still below target (mid‑80s vs 90%), seasonally weak April organic growth (~1.5%), modest pressure on ICA yield and client cash balances, and open work on future cash monetization strategies. Overall, the positives around growth, profitability, capital flexibility and technology/AI initiatives substantially outweigh the modest integration, market, and seasonal headwinds described.View all LPLA earnings summariesLPLA Revenue Breakdown
41.14% Advisory
25.39% Commission
23.65% Asset-based
5.06% Service and fee
4.76% Other
LPLA Stock 12 Month Forecast
Average Price Target
$394.22
▲(24.20% Upside)
Technical Analysis
Interactive Brokers
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Raymond James Financial
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Stifel Financial
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Charles Schwab
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Tradeweb Markets
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Ownership Overview
0.52% Insiders
38.54% Mutual Funds
36.32% Other Institutional Investors
8.46% Public Companies and
Individual Investors