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LPLA Stock Chart & Stats
$328.70
$5.38(1.66%)
At close: 4:00 PM EDT
$328.70
$5.38(1.66%)
Day’s Range― - ―
52-Week Range$260.15 - $400.16
Previous CloseN/A
Volume503.92K
Average Volume (3M)881.26K
Market Cap
$27.88B
Enterprise Value$27.82K
Total Cash (Recent Filing)$2.70B
Total Debt (Recent Filing)$7.46B
Price to Earnings (P/E)28.7
Beta1.08
Next Earnings
Oct 22, 2026EPS Estimate
5.95Next Dividend Ex-DateN/A
Dividend Yield0.33%
Share Statistics
EPS (TTM)12.59
Shares Outstanding78,742,290
10 Day Avg. Volume647,261
30 Day Avg. Volume881,263
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$417.20Price Target Upside26.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)23.74
Revenue Forecast (FY)$20.91B
Bulls Say, Bears Say
Bulls Say
Asset And Organic GrowthStrong asset growth and recurring organic net inflows expand the platform’s fee-generating base. Continued recruiting momentum can support durable revenue growth by adding advisors, client relationships and assets across market cycles.
Advisor And Client RetentionHigh asset retention indicates meaningful advisor and client stickiness, supporting recurring revenue visibility. Retention also strengthens LPL’s value proposition when recruiting advisors and helps protect assets already established on its platform.
Technology And Platform InvestmentSustained investment in security, data and workflow automation can improve advisor productivity and platform scalability. A stronger technology offering may deepen competitive differentiation and reduce operational friction for LPL’s large advisor network.
Bears Say
Weak Cash ConversionNegative operating and free cash flow despite positive net income signals weak earnings-to-cash conversion. If sustained, this could constrain financial flexibility, increase reliance on funding and limit capacity for investment or shareholder returns.
Margin CompressionThe lower recent margin profile suggests that revenue scale has not translated proportionately into profitability. Persistent payout, pricing and expense pressures could reduce operating leverage and weaken the durability of future earnings growth.
Commonwealth Integration RiskRetention below target creates uncertainty around the assets and earnings contribution ultimately preserved through Commonwealth onboarding. Integration complexity could increase costs, distract management and weaken expected strategic and platform benefits.
LPL Financial News
LPLA FAQ
What was LPL Financial’s price range in the past 12 months?
LPL Financial lowest stock price was $260.15 and its highest was $400.16 in the past 12 months.
What is LPL Financial’s market cap?
LPL Financial’s market cap is $27.88B.
When is LPL Financial’s upcoming earnings report date?
LPL Financial’s upcoming earnings report date is Oct 22, 2026 which is in 60 days.
How were LPL Financial’s earnings last quarter?
LPL Financial released its earnings results on Jul 30, 2026. The company reported $5.84 earnings per share for the quarter, beating the consensus estimate of $5.393 by $0.447.
Is LPL Financial overvalued?
According to Wall Street analysts LPL Financial’s price is currently Undervalued.
Does LPL Financial pay dividends?
LPL Financial pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 0.33%. See more information on LPL Financial dividends here
What is LPL Financial’s EPS estimate?
LPL Financial’s EPS estimate is 5.95.
How many shares outstanding does LPL Financial have?
LPL Financial has 78,742,290 shares outstanding.
What happened to LPL Financial’s price movement after its last earnings report?
LPL Financial reported an EPS of $5.84 in its last earnings report, beating expectations of $5.393. Following the earnings report the stock price went up 4.284%.
Which hedge fund is a major shareholder of LPL Financial?
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
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$417.20 (26.92% Upside)
$417.20 (26.92% Upside)
Blogger Sentiment
Bullish
LPLA Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 112.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.9%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.44%
12-Months-Change
Fundamentals
Return on Equity
0.33%
Trailing 12-Months
Asset Growth
13.26%
Trailing 12-Months
Company Description
LPL Financial
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed multiple strong operational and financial wins: record adjusted EPS, 10% sequential asset growth to $2.6 trillion, robust recruiting and a record recruiting pipeline, high retention (97%), cost discipline with lowered G&A outlook, progress on Commonwealth integration, active capital returns, and continued tech/AI investments. Counterbalancing items include integration risk (Commonwealth retention mid-80s), declining client cash balances and sweep economics under review, expected near-term payout increases and some expense items rising (TA amortization, promotional spend, D&A), and an unresolved pricing review amid competitive recruiting dynamics. Overall, the positive operational and financial highlights and clear progress on strategic initiatives materially outweigh the manageable integration and near-term margin pressures.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
$417.20
▲(26.92% Upside)
Technical Analysis
Interactive Brokers
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Raymond James Financial
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Stifel Financial
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Charles Schwab
―
Tradeweb Markets
―
Ownership Overview
0.53% Insiders
39.36% Mutual Funds
38.03% Other Institutional Investors
6.06% Public Companies and
Individual Investors