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LPL Financial Holdings NasdaqGS:LPLA Stock Report

Last Price

US$372.13

Market Cap

US$28.3b

7D

-0.5%

1Y

41.3%

Updated

21 Feb, 2025

Data

Company Financials +

LPL Financial Holdings Inc.

NasdaqGS:LPLA Stock Report

Market Cap: US$28.3b

LPLA Stock Overview

Provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. More details

LPLA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 23.2% below our estimate of its fair value

Earnings are forecast to grow 13.92% per year

Risk Analysis

Debt is not well covered by operating cash flow


Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 15 Analysts

Onboarding Assets From Prudential And Wintrust Will Expand Adviser Network By 2025

Key Takeaways Innovative models and significant onboarding, including prudent acquisitions, aim to drive growth, enhance revenue, and expand the adviser network. Strategic investments in technology and share buybacks are expected to improve margins and increase earnings per share by optimizing cost structures and asset values.
View narrative
US$386.53
FV
3.7% undervalued intrinsic discount
13.14%
Revenue growth p.a.
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23 days ago author updated this narrative

My Notes

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LPL Financial Holdings Inc. Competitors

Raymond James Financial

NYSE:RJF

US$31.8b

Futu Holdings

NasdaqGM:FUTU

US$16.6b

Robinhood Markets

NasdaqGS:HOOD

US$49.6b

Jefferies Financial Group

NYSE:JEF

US$13.8b

Price History & Performance

Summary of share price highs, lows and changes for LPL Financial Holdings
Historical stock prices
Current Share PriceUS$372.13
52 Week HighUS$383.61
52 Week LowUS$187.19
Beta0.87
1 Month Change4.30%
3 Month Change13.85%
1 Year Change41.30%
3 Year Change103.65%
5 Year Change368.21%
Change since IPO1,057.48%

Recent News & Updates

LPL Financial Holdings Inc. (NASDAQ:LPLA) Not Lagging Market On Growth Or Pricing

Feb 20
LPL Financial Holdings Inc. (NASDAQ:LPLA) Not Lagging Market On Growth Or Pricing

LPL Financial: Beneficiary Of A Shift Among Financial Advisors Away From Large Banks

Feb 08

Recent updates

LPL Financial Holdings Inc. (NASDAQ:LPLA) Not Lagging Market On Growth Or Pricing

Feb 20
LPL Financial Holdings Inc. (NASDAQ:LPLA) Not Lagging Market On Growth Or Pricing

LPL Financial: Beneficiary Of A Shift Among Financial Advisors Away From Large Banks

Feb 08

LPL Financial: Shares Rally To Fair Value With Earnings On Tap (Rating Downgrade)

Jan 07

After Leaping 29% LPL Financial Holdings Inc. (NASDAQ:LPLA) Shares Are Not Flying Under The Radar

Nov 07
After Leaping 29% LPL Financial Holdings Inc. (NASDAQ:LPLA) Shares Are Not Flying Under The Radar

Earnings Update: Here's Why Analysts Just Lifted Their LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target To US$309

Nov 06
Earnings Update: Here's Why Analysts Just Lifted Their LPL Financial Holdings Inc. (NASDAQ:LPLA) Price Target To US$309

LPL Financial: Near-Term Overhang Is A Buying Opportunity

Oct 16

It's Down 29% But LPL Financial Holdings Inc. (NASDAQ:LPLA) Could Be Riskier Than It Looks

Aug 03
It's Down 29% But LPL Financial Holdings Inc. (NASDAQ:LPLA) Could Be Riskier Than It Looks

LPL Financial: Strong EPS Upside In 2025 And '26, Fresh Breakout To New Highs

Jun 21

Is Now The Time To Put LPL Financial Holdings (NASDAQ:LPLA) On Your Watchlist?

Apr 23
Is Now The Time To Put LPL Financial Holdings (NASDAQ:LPLA) On Your Watchlist?

LPL Financial Holdings Inc. (NASDAQ:LPLA) Screens Well But There Might Be A Catch

Mar 27
LPL Financial Holdings Inc. (NASDAQ:LPLA) Screens Well But There Might Be A Catch

Shareholder Returns

LPLAUS Capital MarketsUS Market
7D-0.5%-1.4%-0.4%
1Y41.3%36.5%20.8%

Return vs Industry: LPLA exceeded the US Capital Markets industry which returned 36.5% over the past year.

Return vs Market: LPLA exceeded the US Market which returned 20.8% over the past year.

Price Volatility

Is LPLA's price volatile compared to industry and market?
LPLA volatility
LPLA Average Weekly Movement2.5%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market18.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: LPLA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LPLA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19897,780Rich Steinmeierwww.lpl.com

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, fixed income, alternative investments, retirement and 529 education savings plans, and insurance. The company also provides fee-based 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.

LPL Financial Holdings Inc. Fundamentals Summary

How do LPL Financial Holdings's earnings and revenue compare to its market cap?
LPLA fundamental statistics
Market capUS$28.33b
Earnings (TTM)US$1.06b
Revenue (TTM)US$12.11b

26.2x

P/E Ratio

2.3x

P/S Ratio

Is LPLA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LPLA income statement (TTM)
RevenueUS$12.11b
Cost of RevenueUS$7.95b
Gross ProfitUS$4.16b
Other ExpensesUS$3.10b
EarningsUS$1.06b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.18
Gross Margin34.32%
Net Profit Margin8.74%
Debt/Equity Ratio187.5%

How did LPLA perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

8%

Payout Ratio

Does LPLA pay a reliable dividends?

See LPLA dividend history and benchmarks
When do you need to buy LPLA by to receive an upcoming dividend?
LPL Financial Holdings dividend dates
Ex Dividend DateMar 11 2025
Dividend Pay DateMar 25 2025
Days until Ex dividend17 days
Days until Dividend pay date31 days

Does LPLA pay a reliable dividends?

See LPLA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 22:45
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

LPL Financial Holdings Inc. is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BudishBarclays
Craig SiegenthalerBofA Global Research
Caydee BlankenshipCFRA Equity Research