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LPL Financial Holdings Inc Stock Research

LPLA

240.02USD-6.66(-2.70%)Delayedas of 21 Sep 2023, 10:11 am
Watchlist

Market Summary

USD240.02-6.66
Delayedas of 21 Sep 2023, 10:11 am
-2.70%

LPLA Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

LPLA Stock Price

LPLA RSI Chart

LPLA Valuation

Market Cap

19.1B

Price/Earnings (Trailing)

16.2

Price/Sales (Trailing)

2.03

EV/EBITDA

11.01

Price/Free Cashflow

10.67

LPLA Price/Sales (Trailing)

LPLA Profitability

EBT Margin

15.44%

Return on Equity

47.92%

Return on Assets

11.46%

Free Cashflow Yield

9.37%

LPLA Fundamentals

LPLA Revenue

Revenue (TTM)

9.4B

Revenue Y/Y

21.09%

Revenue Q/Q

2.11%

LPLA Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

77.84%

Earnings Q/Q

-15.75%

Price Action

52 Week Range

179.00271.31
(Low)(High)

Last 7 days

1.6%

Last 30 days

6.3%

Last 90 days

17.6%

Trailing 12 Months

7.7%

LPLA Financial Health

Debt/Equity

1.3

Debt/Cashflow

0.64

LPLA Investor Care

Dividend Yield

0.45%

Dividend/Share (TTM)

1.1

Buy Backs (1Y)

3.39%

Diluted EPS (TTM)

14.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for LPLA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-13
Steinmeier Richard
sold
-2,499,620
242
-10,300
managing director
2023-09-12
Brown Althea
acquired
-
-
4,319
managing director
2023-08-25
Thomas Corey E.
acquired
-
-
10.00
-
2023-08-25
Mnookin Allison
acquired
-
-
6.00
-
2023-08-25
Glavin William Francis Jr
acquired
-
-
20.00
-
2023-08-25
Putnam James S
acquired
-
-
15.00
-
2023-08-25
BERNARD EDWARD C
acquired
-
-
7.00
-
2023-08-25
EBERHART PAULETT
acquired
-
-
9.00
-
2023-08-25
SCHIFTER RICHARD P
acquired
-
-
26.00
-
2023-08-22
Enyedi Matthew
acquired
148,721
45.55
3,265
managing director

1–10 of 50

Which funds bought or sold LPLA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
540
5,946
6,958
-%
2023-08-29
EFG Asset Management (Americas) Corp.
added
5.54
333,216
2,823,550
0.65%
2023-08-25
Yarbrough Capital, LLC
new
-
408,768
408,768
0.02%
2023-08-24
Alberta Investment Management Corp
unchanged
-
25,551
369,631
-%
2023-08-22
Segment Wealth Management, LLC
added
0.08
456,690
6,536,380
0.67%
2023-08-22
Old North State Trust, LLC
sold off
-100
-2,000
-
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
7,000
98,000
0.01%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-12,875,100
-
-%
2023-08-22
COMERICA BANK
new
-
24,000
24,000
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-3.96
311,612
9,438,140
0.02%

1–10 of 47

Latest Funds Activity

Are funds buying LPLA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LPLA
No. of Funds

Schedule 13G FIlings of LPL Financial Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
vanguard group inc
10.09%
7,938,028
SC 13G/A
Feb 09, 2023
vanguard group inc
9.51%
7,568,439
SC 13G/A
Feb 09, 2023
janus henderson group plc
4.4%
3,462,824
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
6,292,224
SC 13G
Feb 11, 2022
janus henderson group plc
10.0%
8,049,630
SC 13G/A
Feb 04, 2022
wellington management group llp
4.15%
3,325,880
SC 13G/A
Feb 11, 2021
janus henderson group plc
10.2%
8,118,279
SC 13G/A
Feb 10, 2021
vanguard group inc
9.70%
7,694,510
SC 13G/A
Feb 04, 2021
wellington management group llp
7.25%
5,751,941
SC 13G
Feb 13, 2020
janus henderson group plc
11.9%
9,641,807
SC 13G/A

Recent SEC filings of LPL Financial Holdings

View All Filings
Date Filed Form Type Document
Sep 20, 2023
144
Notice of Insider Sale Intent
Sep 19, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
4
Insider Trading
Sep 14, 2023
3
Insider Trading
Sep 14, 2023
4
Insider Trading
Sep 13, 2023
144
Notice of Insider Sale Intent
Sep 05, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 29, 2023
4
Insider Trading

LPLA Fair Value

Loading...

Peers (Alternatives to LPL Financial Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
73.9B
5.4B
1.63% 14.23%
24.81
13.57
39.96% 1.84%
64.6B
9.6B
1.31% 21.61%
38.27
6.75
1.00% -49.94%
24.8B
6.1B
-2.36% -14.58%
22.49
4.07
3.28% -2.99%
16.4B
3.9B
3.01% 30.91%
25.14
4.2
6.88% 207.99%
-
6.3B
1.12% -2.78%
-
-
-14.15% -36.16%
MID-CAP
9.4B
4.8B
-2.55% 34.55%
3.89
1.96
226.24% 90.31%
8.1B
1.9B
0.16% 14.72%
20.27
4.3
-8.00% -31.66%
7.0B
4.8B
3.49% 12.05%
11.36
1.45
2.69% -21.37%
2.0B
60.6B
-4.55% 12.08%
8.16
0.03
-1.46% 48.12%
SMALL-CAP
1.7B
1.9B
8.85% 32.11%
239.3
0.92
0.08% -93.14%
1.7B
2.2B
-7.59% -19.58%
8.51
0.76
-14.47% -57.71%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
809.1M
23.7M
1.46% -3.28%
44.23
34.21
51.04% 152.07%
415.0M
1.2B
-0.81% 14.64%
12.91
0.34
4.38% -66.00%
742.8M
313.5M
- -
14.66
2.47
0.19% 735.99%

LPL Financial Holdings News

MarketBeat
Nordea Investment Management AB Cuts Stake in LPL Financial ....
MarketBeat,
5 hours ago
Marketscreener.com
Investor's Business Daily
Investor's Business Daily

Returns for LPLA

Cumulative Returns on LPLA

22.4%


10-Year Cumulative Returns

36.5%


7-Year Cumulative Returns

31.3%


5-Year Cumulative Returns

46.7%


3-Year Cumulative Returns

Risks for LPLA

What is the probability of a big loss on LPLA?

48.5%


Probability that LPL Financial Holdings stock will be more than 20% underwater in next one year

20%


Probability that LPL Financial Holdings stock will be more than 30% underwater in next one year.

18.9%


Probability that LPL Financial Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LPLA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if LPL Financial Holdings was unfortunately bought at previous high price.

Drawdowns

Financials for LPL Financial Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue4.8%9,3838,9538,6018,3628,2208,0797,7217,2086,6476,1165,8725,7385,6935,7175,6255,4945,4095,3195,1884,9884,721
Costs and Expenses3.3%7,8247,5707,4897,5337,5597,4697,1206,6786,0955,5625,2465,1115,0174,9744,8834,6694,5974,521-4,4644,181
Operating Expenses-----------5,140---4,750---4,471--
EBITDA-100.0%-1,7311,4381,132944878857834800756765786830888884------
EBITDA Margin-100.0%-0.19*0.17*0.14*0.11*0.11*0.11*0.12*0.12*0.12*0.13*0.14*0.15*0.16*0.16*------
Interest Expenses11.6%15413812611611010710493.0073.0054.0010614515015613047.0046.0045.0040.0035.0031.00
Earnings Before Taxes12.8%1,5591,3831,112829660610601611608584626645688746742739709676593510459
EBT Margin-100.0%-0.15*0.13*0.10*0.08*0.08*0.08*0.08*0.09*0.10*0.11*0.11*0.12*0.13*0.13*------
Net Income11.9%1,1761,051846635505464460463464447473488516560560554529501439383335
Net Income Margin-100.0%-0.12*0.10*0.08*0.06*0.06*0.06*0.06*0.07*0.07*0.08*0.09*0.09*0.10*0.10*------
Free Cashflow-100.0%-1,4801,6392,06722969.00237342224307634414852810467------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.4%9,3929,1689,4829,6967,7367,7737,9927,5567,2206,6156,5966,0915,9066,1115,8805,7415,3645,4925,4775,2905,223
    Cash Equivalents62.0%7614708481,2197001,0102,0729789078398098018454181,4729304046771,562769818
  Net PPE4.1%850816780751726686659625601589583571556543533504486473461441432
  Goodwill0.4%1,7721,7661,6421,6421,6421,6421,6421,6411,6471,5141,5141,5041,5041,5041,5041,5031,4901,4901,4901,4771,477
Liabilities4.2%7,2706,9757,3157,6965,8926,0386,3215,9395,6655,1815,2814,8834,7985,0994,8564,7214,3394,4824,5034,3104,217
  Long Term Debt5.3%3,0012,8512,7172,7192,7212,7222,8142,7262,7272,3332,3452,3482,3502,4682,3992,3602,3632,3692,3722,3752,378
Shareholder's Equity-3.2%2,1222,1932,1682,0001,8441,7351,6711,6161,5551,4341,3151,2071,1081,0111,0241,0201,0251,0109749791,007
  Retained Earnings7.8%3,6833,4193,1012,8002,5852,4432,3282,2382,1542,0531,9431,8501,7661,6841,5551,4481,3361,2101,070971886
  Additional Paid-In Capital1.0%1,9531,9341,9131,8961,8791,8611,8411,8261,8081,7871,7631,7481,7331,7201,7041,6871,6731,6591,6341,6211,611
Accumulated Depreciation--------599561525490468441414388364341319308489467
Shares Outstanding-1.9%77.0079.00-80.0080.0080.00-80.0080.0080.00-79.0079.0080.00-82.0083.0084.00-87.0089.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations18.2%2,1451,8151,9462,3765093184535263934697905781,016970624895467639582526409
  Share Based Compensation5.4%61.0058.0053.0050.0048.0046.0044.0042.0040.0037.0034.0034.0034.0033.0033.0031.0030.0031.0029.0030.0031.00
Cashflow From Investing-8.3%-706-652-376-356-305-493-458-434-438-190-187-183-193-187-180-204-174-170-161-110-425
Cashflow From Financing-29.0%-679-526-504-314-277171279241283-229-275-359-494-507-533-575-579-566-483-399-57.14
  Dividend Payments3.8%87.0083.0080.0080.0080.0080.0080.0080.0080.0079.0079.0079.0080.0081.0083.0084.0085.0087.0088.0089.0090.00
  Buy Backs54.5%85055032522519014090.0040.00--150270400525500498498489418330225

LPLA Income Statement

2023-06-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Advisory$ 1,014,565$ 1,001,851$ 1,968,622$ 2,048,948
Commission622,886573,3761,226,6111,158,901
Asset-based589,715363,5971,211,463659,998
Service and fee123,122112,802242,109225,614
Transaction and fee46,93644,41695,87191,142
Interest Income37,97210,12175,33017,866
Other33,608(67,276)66,630(97,889)
Total net revenues2,468,8042,038,8874,886,6364,104,580
EXPENSES:    
Advisory and commission1,448,7631,304,4222,819,3972,678,556
Compensation and benefits231,680196,699465,213388,733
Promotional102,56578,027200,788165,029
Occupancy and equipment65,00555,906125,178107,018
Depreciation and amortization58,37748,453114,43193,907
Interest Expense, Debt44,84228,75584,02655,966
Brokerage, clearing and exchange29,14823,36255,27445,962
Amortization of intangible assets26,74121,16850,83342,364
Professional services18,09217,29032,31236,312
Communications and data processing20,59416,22338,26931,350
Other34,17836,26167,59973,683
Costs and Expenses, Total2,079,9851,826,5664,053,3203,718,880
INCOME BEFORE PROVISION FOR INCOME TAXES388,819212,321833,316385,700
PROVISION FOR INCOME TAXES103,29951,776208,91291,411
NET INCOME$ 285,520$ 160,545$ 624,404$ 294,289
EARNINGS PER SHARE    
Earnings per share, basic$ 3.70$ 2.01$ 8.01$ 3.68
Earnings per share, diluted$ 3.65$ 1.97$ 7.90$ 3.61
Weighted-average shares outstanding, basic77,23479,94777,98879,961
Weighted-average shares outstanding, diluted78,19481,41079,08381,493
Client cash    
REVENUES:    
Asset-based$ 378,415$ 154,700$ 796,690$ 239,416
Other asset-based    
REVENUES:    
Asset-based211,300208,897414,773420,582
Trailing    
REVENUES:    
Commission323,925320,883641,578666,077
Sales-based    
REVENUES:    
Commission$ 298,961$ 252,493$ 585,033$ 492,824
Dan H. Arnold
5900
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 financial institutions 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 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 programs; 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 to trusts 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.