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LPLA

LPLA - LPL Financial Holdings Stock Price, Fair Value and News

263.03USD+1.91 (+0.73%)Market Closed

Market Summary

LPLA
USD263.03+1.91
Market Closed
0.73%

LPLA Stock Price

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LPLA RSI Chart

LPLA Valuation

Market Cap

19.6B

Price/Earnings (Trailing)

18.37

Price/Sales (Trailing)

1.95

EV/EBITDA

12.16

Price/Free Cashflow

179.13

LPLA Price/Sales (Trailing)

LPLA Profitability

EBT Margin

14.37%

Return on Equity

51.29%

Return on Assets

10.27%

Free Cashflow Yield

0.56%

LPLA Fundamentals

LPLA Revenue

Revenue (TTM)

10.1B

Rev. Growth (Yr)

13.31%

Rev. Growth (Qtr)

4.81%

LPLA Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-31.82%

Earnings Growth (Qtr)

-3%

Breaking Down LPLA Revenue

Last 7 days

0.7%

Last 30 days

-2.0%

Last 90 days

12.9%

Trailing 12 Months

29.6%

How does LPLA drawdown profile look like?

LPLA Financial Health

Debt/Equity

1.8

Debt/Cashflow

0.14

LPLA Investor Care

Dividend Yield

0.46%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

5.36%

Diluted EPS (TTM)

13.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20239.0B9.4B9.7B10.1B
20228.1B8.2B8.4B8.6B
20216.1B6.6B7.2B7.7B
20205.7B5.7B5.7B5.9B
20195.3B5.4B5.5B5.6B
20184.5B4.7B5.0B5.2B
20174.1B4.1B4.2B4.3B
20164.2B4.1B4.1B4.0B
20154.4B4.4B4.4B4.3B
20144.3B4.3B4.4B4.4B
20133.7B3.8B4.0B4.1B
20123.5B3.5B3.5B3.7B
20113.2B3.3B3.5B3.5B
20102.8B2.9B3.0B3.1B
20090002.7B
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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of LPL Financial Holdings

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 26, 2024
bernard edward c
acquired
-
-
5.00
-
Mar 26, 2024
glavin william francis jr
acquired
-
-
16.00
-
Mar 26, 2024
mnookin allison
acquired
-
-
4.00
-
Mar 26, 2024
eberhart paulett
acquired
-
-
6.00
-
Mar 26, 2024
thomas corey e.
acquired
-
-
8.00
-
Mar 26, 2024
schifter richard p
acquired
-
-
22.00
-
Mar 26, 2024
putnam james s
acquired
-
-
12.00
-
Feb 26, 2024
audette matthew j
sold
-1,485,610
266
-5,574
cfo and head of business ops
Feb 26, 2024
arnold dan h.
acquired
114,926
39.48
2,911
president & ceo
Feb 26, 2024
gates greg
sold
-3,035,700
266
-11,401
managing director

1–10 of 50

Which funds bought or sold LPLA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
CGN Advisors LLC
added
13.78
436,449
1,797,620
0.23%
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
added
1.68
204,910
1,341,870
0.01%
Apr 12, 2024
AdvisorNet Financial, Inc
added
608
19,726
22,457
-%
Apr 12, 2024
Annex Advisory Services, LLC
reduced
-4.86
289,832
3,069,370
0.11%
Apr 12, 2024
DNB Asset Management AS
reduced
-61.48
-3,683,810
2,978,860
0.02%
Apr 12, 2024
Riverview Trust Co
new
-
29,855
29,855
0.02%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
1,057
1,057
-%
Apr 11, 2024
Gulf International Bank (UK) Ltd
added
0.94
248,000
1,693,000
0.04%
Apr 11, 2024
Financiere des Professionnels - Fonds d,investissement inc.
new
-
848,610
848,610
0.07%
Apr 11, 2024
MJP ASSOCIATES INC /ADV
added
27.2
123,032
381,697
0.08%

1–10 of 50

Are Funds Buying or Selling LPLA?

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

Unveiling LPL Financial Holdings's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.44%
7,141,049
SC 13G/A
Feb 12, 2024
blackrock inc.
7.9%
5,961,389
SC 13G/A
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
Dec 09, 2022
janus henderson group plc
4.5%
3,581,721
SC 13G/A
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

Recent SEC filings of LPL Financial Holdings

View All Filings
Date Filed Form Type Document
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
DEFA14A
DEFA14A
Mar 28, 2024
DEF 14A
DEF 14A
Mar 28, 2024
ARS
ARS
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading

Peers (Alternatives to LPL Financial Holdings)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
130.5B
68.5B
3.50% 18.95%
15.32
1.9
136.06% -24.38%
74.8B
9.9B
-3.02% 21.45%
31.57
7.55
2.77% 63.76%
74.0B
5.6B
-5.20% 8.25%
22.95
13.17
-0.62% 19.89%
52.7B
3.1B
-7.83% 219.53%
555.2
16.95
-2.69% 103.61%
16.2B
2.2B
-10.82% 2.53%
33.07
7.51
7.26% 9.28%
11.5B
6.2B
1.61% 31.21%
4.08
1.84
131.94% 52.66%
MID-CAP
8.8B
8.2B
-4.95% 33.35%
33.38
1.07
17.04% -76.58%
8.0B
1.8B
-0.33% 37.06%
30.74
4.33
0.16% -0.33%
7.1B
2.4B
-1.85% 53.76%
27.7
2.9
-12.10% -46.39%
4.0B
1.4B
-10.89% -7.66%
11.88
2.85
96.15% 398.80%
2.9B
214.4M
-15.78% 255.45%
-35.61
13.56
75.40% 19.03%
SMALL-CAP
1.8B
797.2M
-1.73% 39.93%
21.65
2.23
-4.37% -19.80%
889.3M
10.0B
40.12% 8.96%
8.05
0.09
24.24% -27.96%
12.0M
83.0M
-17.18% -0.22%
-2.04
0.14
15.07% 81.87%
9.2M
5.3M
-1.09% -94.75%
-0.28
1.74
4.05% -104.26%

LPL Financial Holdings News

Latest updates
MarketBeat16 minutes ago
Yahoo Finance05 Mar 202408:00 am

LPL Financial Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.8%2,6442,5222,4692,4182,3332,1632,0392,0662,0942,0211,8981,7081,5811,4601,3671,4631,4481,4161,3901,3721,317
Costs and Expenses6.6%2,3502,2052,0801,9731,9141,8561,8271,8921,9581,8831,7371,5421,5161,3001,2031,2261,3821,2061,1611,135-
EBITDA Margin-7.7%0.19*0.20*0.21*0.19*0.17*0.14*0.11*0.11*0.11*0.12*0.12*0.13*---------
Interest Expenses12.5%54.0048.0045.0039.0037.0033.0029.0027.0027.0027.0025.0025.0035.007.007.0038.0094.0012.0012.0012.0012.00
Income Taxes-18.4%76.0093.0010310610074.0052.0040.0028.0035.0043.0036.0034.0032.0036.0052.0038.0046.0049.0048.0042.00
Earnings Before Taxes-7.5%294318389444419307212173137138162165146135137208165178195204162
EBT Margin-10.8%0.14*0.16*0.17*0.15*0.13*0.10*0.08*0.08*0.08*0.08*0.09*0.10*---------
Net Income-3.0%218224286339319232161134108103119130112104102156127132146155120
Net Income Margin-11.5%0.11*0.12*0.13*0.12*0.10*0.08*0.06*0.06*0.06*0.06*0.07*0.07*---------
Free Cashflow-53.0%37.0078.00302-307-2512,042-3.58-148177203-16319.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets9.5%10,3859,4879,3929,1689,4829,6967,7367,7737,9927,5567,2206,6156,5966,0915,9066,1115,8805,7415,3645,4925,477
    Cash Equivalents-41.7%4667997614708481,2197001,0104959789078391,7998018454181,4729304046771,562
  Net PPE-100.0%-883850816780751726686659625601589583571556543533504486473461
  Goodwill4.8%1,8571,7721,7721,7661,6421,6421,6421,6421,6421,6411,6471,5141,5141,5041,5041,5041,5041,5031,4901,4901,490
Liabilities12.3%8,3077,3977,2706,9757,3157,6965,8926,0386,3215,9395,6655,1815,2814,8834,7985,0994,8564,7214,3394,4824,503
  Long Term Debt19.5%3,7343,1243,0012,8512,7172,7192,7212,7222,8142,7262,7272,3332,3452,3482,3502,4682,3992,3602,3632,3692,372
Shareholder's Equity-0.6%2,0792,0912,1222,1932,1682,0001,8441,7351,6711,6161,5551,4341,3151,2071,1081,0111,0241,0201,0251,010974
  Retained Earnings5.1%4,0853,8873,6833,4193,1012,8002,5852,4432,3282,2382,1542,0531,9431,8501,7661,6841,5551,4481,3361,2101,070
  Additional Paid-In Capital0.9%1,9881,9701,9531,9341,9131,8961,8791,8611,8411,8261,8081,7871,7631,7481,7331,7201,7041,6871,6731,6591,634
Accumulated Depreciation----------599561525490468441414388364341319308
Shares Outstanding-0.7%77.0077.0078.0079.0080.0080.0080.0080.0080.0080.0080.0080.00---------
Float---16,600---14,700---10,800---6,200---6,700-5,758
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-17.7%143173403-205-1762,12573.00-75.12253258-11960.00326126-43.03381114564-89.6435.00386
  Share Based Compensation-1.9%16.0016.0017.0019.0013.0012.0014.0013.0010.0010.0012.0012.008.008.009.009.008.008.008.009.006.00
Cashflow From Investing-29.0%-201-156-151-350-98.75-105-97.41-74.73-79.08-54.07-285-39.86-55.41-57.60-37.97-36.52-51.86-66.89-31.92-30.32-75.40
Cashflow From Financing336.0%365-154-221-197-166-93.58-68.62-17523.00-56.24379-67.51-15.05-14.41-132-112-99.15-149-145-139-141
  Dividend Payments-0.9%23.0023.0023.0024.0020.0020.0020.0020.0020.0020.0020.0020.0020.0020.0020.0020.0020.0020.0021.0021.0022.00
  Buy Backs-10.0%22525035027515075.0050.0050.0050.0040.00-----150120130125125118

LPLA Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES:   
Advisory$ 4,135,681$ 3,875,154$ 3,525,430
Commission2,552,6232,326,1642,378,683
Asset-based2,377,7291,760,2731,148,067
Service and fee508,437467,381411,761
Transaction and fee199,939181,260156,336
Interest income, net159,41577,12628,577
Other119,024(86,533)71,976
Total net revenues10,052,8488,600,8257,720,830
EXPENSE   
Commission and advisory5,915,8075,324,8275,180,090
Compensation and benefits979,681820,736741,003
Promotional459,233339,994302,285
Occupancy and equipment248,620219,798185,531
Depreciation, Depletion and Amortization, Nonproduction246,994199,817151,428
Interest Expense, Debt186,804126,234104,414
Brokerage, clearing, and exchange105,98486,06386,023
Amortization of other intangibles107,21187,56079,260
Professional services72,58372,51973,231
Communications and data processing75,71767,68760,296
Gain (Loss) on Extinguishment of Debt0024,400
Other209,439143,937131,540
Total expense8,608,0737,489,1727,119,501
INCOME BEFORE PROVISION FOR INCOME TAXES1,444,7751,111,653601,329
PROVISION FOR INCOME TAXES378,525265,951141,463
NET INCOME$ 1,066,250$ 845,702$ 459,866
Earnings Per Share [Abstract]   
Earnings Per Share, Basic$ 13.88$ 10.60$ 5.75
Earnings Per Share, Diluted$ 13.69$ 10.40$ 5.63
Weighted-average shares outstanding, basic76,807,00079,801,00080,002,000
Weighted-average shares outstanding, diluted77,861,00081,285,00081,742,000
Trailing   
REVENUES:   
Commission$ 1,299,840$ 1,292,358$ 1,404,628
Other Asset Based Fees   
REVENUES:   
Asset-based867,860806,649787,220
Sales-Based   
REVENUES:   
Commission1,252,7831,033,806974,055
Client Cash [Member]   
REVENUES:   
Asset-based$ 1,509,869$ 953,624$ 360,847
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 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 products; 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.
 CEO
 WEBSITElpl.com
 INDUSTRYMortgage Finance
 EMPLOYEES7291

LPL Financial Holdings Frequently Asked Questions


What is the ticker symbol for LPL Financial Holdings? What does LPLA stand for in stocks?

LPLA is the stock ticker symbol of LPL Financial Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LPL Financial Holdings (LPLA)?

As of Mon Apr 15 2024, market cap of LPL Financial Holdings is 19.58 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LPLA stock?

You can check LPLA's fair value in chart for subscribers.

What is the fair value of LPLA stock?

You can check LPLA's fair value in chart for subscribers. The fair value of LPL Financial Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LPL Financial Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LPLA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LPL Financial Holdings a good stock to buy?

The fair value guage provides a quick view whether LPLA is over valued or under valued. Whether LPL Financial Holdings is cheap or expensive depends on the assumptions which impact LPL Financial Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LPLA.

What is LPL Financial Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, LPLA's PE ratio (Price to Earnings) is 18.37 and Price to Sales (PS) ratio is 1.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LPLA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on LPL Financial Holdings's stock?

In the past 10 years, LPL Financial Holdings has provided 0.202 (multiply by 100 for percentage) rate of return.