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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
$27.13B
Enterprise Value$27.08K
Total Cash (Recent Filing)$2.91B
Total Debt (Recent Filing)$7.89B
Price to Earnings (P/E)28.1
Beta1.19
Next Earnings
Oct 22, 2026EPS Estimate
5.94Next Dividend Ex-DateN/A
Dividend Yield0.34%
Share Statistics
EPS (TTM)11.26
Shares Outstanding79,982,864
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
$407.56Price Target Upside23.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)23.38
Revenue Forecast (FY)$20.76B
Bulls Say, Bears Say
Bulls Say
Scale And Multi-year Revenue GrowthLPL's sizable and growing revenue base reflects durable platform adoption across advisors and institutions. Sustained multi-year top-line growth supports recurring asset-based fees, funds continued investment in technology and M&A, and creates operating leverage that can sustain margins over the medium term.
Large AUA And High RetentionA $2.6T asset base combined with 97% retention yields highly predictable, recurring advisory economics. High advisor/client stickiness reduces churn risk, steadies fee revenue through market cycles, and enhances the long-term value of recruitment and cross-sell efforts.
Significant Tech And AI InvestmentsLarge, sustained investment in adviser technology and AI creates a structural competitive advantage by improving advisor productivity, reducing servicing costs, increasing stickiness, and enabling scale. These platform improvements can deliver durable operating efficiencies and support future growth.
Bears Say
Negative Operating And Free Cash FlowSustained negative operating and free cash flow reduces financial flexibility, increases reliance on external financing or balance-sheet actions, and limits the firm's ability to fund buybacks, dividend growth, or discretionary tech/M&A without raising leverage or cutting investments.
Elevated Leverage Relative To EquityA material debt load relative to equity constrains strategic optionality and raises refinancing and interest-rate sensitivity. If margins compress or cash flow stays weak, higher leverage increases default and liquidity risk and reduces capacity for opportunistic M&A or aggressive capital returns.
Commonwealth Integration And Retention RiskBelow-target retention of a large acquisition raises uncertainty about the expected ~$435M run-rate EBITDA and can delay synergies. Integration shortfalls can raise near-term payout and servicing costs, hamper revenue conversion, and temporarily divert management focus from growth initiatives.
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 $400.16 in the past 12 months.
What is LPL Financial Holdings Inc.’s market cap?
LPL Financial Holdings Inc.’s market cap is $27.13B.
When is LPL Financial Holdings Inc.’s upcoming earnings report date?
LPL Financial Holdings Inc.’s upcoming earnings report date is Oct 22, 2026 which is in 81 days.
How were LPL Financial Holdings Inc.’s earnings last quarter?
LPL Financial Holdings Inc. 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 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 0.34%. 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 5.94.
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 $5.84 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 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:
$407.56 (23.99% Upside)
$407.56 (23.99% Upside)
Blogger Sentiment
Bullish
LPLA Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 998.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
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
0.34%
Trailing 12-Months
Asset Growth
13.26%
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
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
$407.56
▲(23.99% 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
38.75% Mutual Funds
3.73% Other Institutional Investors
41.07% Public Companies and
Individual Investors