LPL Financial Holdings Future Growth

Future criteria checks 3/6

LPL Financial Holdings is forecast to grow earnings and revenue by 12.3% and 8.2% per annum respectively. EPS is expected to grow by 13.5% per annum. Return on equity is forecast to be 49.7% in 3 years.

Key information

12.3%

Earnings growth rate

13.5%

EPS growth rate

Capital Markets earnings growth	15.6%
Revenue growth rate	8.2%
Future return on equity	49.7%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

Recent updates

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

Apr 23

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

Mar 27

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Is Well Worth Watching

Nov 14

If EPS Growth Is Important To You, LPL Financial Holdings (NASDAQ:LPLA) Presents An Opportunity

Aug 15

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today

May 14

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today

Feb 12

LPL Financial Holdings Non-GAAP EPS of $2.24 beats by $0.29, revenue of $2.04M misses by $2.09B

Aug 02

LPL Financial to acquire private client business of Boenning & Scattergood

Jul 08

LPL Financial: Compounding Through The Cycles

May 15

Earnings and Revenue Growth Forecasts

NasdaqGS:LPLA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	14,692	1,580	1,628	N/A	4
12/31/2025	13,222	1,267	1,262	N/A	6
12/31/2024	11,588	1,107	1,495	N/A	6
3/31/2024	10,468	1,016	N/A	N/A	N/A
12/31/2023	10,053	1,066	109	513	N/A
9/30/2023	9,742	1,168	-178	193	N/A
6/30/2023	9,383	1,176	1,786	2,145	N/A
3/31/2023	8,953	1,051	1,480	1,815	N/A
12/31/2022	8,601	846	1,639	1,946	N/A
9/30/2022	8,362	635	2,067	2,376	N/A
6/30/2022	8,220	505	229	509	N/A
3/31/2022	8,079	464	69	318	N/A
12/31/2021	7,721	460	237	453	N/A
9/30/2021	7,208	463	342	526	N/A
6/30/2021	6,647	464	224	393	N/A
3/31/2021	6,116	447	307	469	N/A
12/31/2020	5,872	473	634	790	N/A
9/30/2020	5,738	488	414	578	N/A
6/30/2020	5,693	516	852	1,016	N/A
3/31/2020	5,717	560	810	970	N/A
12/31/2019	5,625	560	467	624	N/A
9/30/2019	5,494	554	744	895	N/A
6/30/2019	5,409	529	320	467	N/A
3/31/2019	5,319	501	499	639	N/A
12/31/2018	5,188	439	449	582	N/A
9/30/2018	4,988	383	414	526	N/A
6/30/2018	4,721	335	307	409	N/A
3/31/2018	4,488	284	320	424	N/A
12/31/2017	4,281	239	N/A	453	N/A
9/30/2017	4,172	217	N/A	136	N/A
6/30/2017	4,126	210	N/A	225	N/A
3/31/2017	4,080	190	N/A	163	N/A
12/31/2016	4,049	192	N/A	389	N/A
9/30/2016	4,062	177	N/A	333	N/A
6/30/2016	4,100	166	N/A	183	N/A
3/31/2016	4,171	168	N/A	269	N/A
12/31/2015	4,275	169	N/A	279	N/A
9/30/2015	4,359	191	N/A	216	N/A
6/30/2015	4,393	183	N/A	367	N/A
3/31/2015	4,396	176	N/A	276	N/A
12/31/2014	4,374	178	N/A	232	N/A
9/30/2014	4,363	174	N/A	242	N/A
6/30/2014	4,327	178	N/A	281	N/A
3/31/2014	4,253	180	N/A	239	N/A
12/31/2013	4,141	182	N/A	160	N/A
9/30/2013	3,991	174	N/A	295	N/A
6/30/2013	3,845	171	N/A	194	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LPLA's forecast earnings growth (12.3% per year) is above the savings rate (2.4%).

Earnings vs Market: LPLA's earnings (12.3% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: LPLA's earnings are forecast to grow, but not significantly.

Revenue vs Market: LPLA's revenue (8.2% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: LPLA's revenue (8.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LPLA's Return on Equity is forecast to be very high in 3 years time (49.7%).

LPL Financial Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 7.1% to US$252

Price target increased to US$289

Price target increased to US$268

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

LPL Financial Holdings Inc., Annual General Meeting, May 09, 2024

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

Upcoming dividend of US$0.30 per share

LPL Financial Holdings Inc. Announces Departure of Kabir Sethi, Effective March 31, 2024

Insider recently sold US$3.0m worth of stock

President notifies of intention to sell stock

LPL Financial Holdings Inc. (NasdaqGS:LPLA) entered into a definitive purchase agreement to acquire Atria Wealth Solutions, Inc.

Principal Accounting Officer notifies of intention to sell stock

Fourth quarter dividend of US$0.30 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

LPL Financial Holdings Inc. Declares Dividend, Payable on March 26, 2024

Now 20% overvalued after recent price rise

LPL Financial Holdings Inc. to Report Q4, 2023 Results on Feb 01, 2024

LPL Financial LLC Introduces LPL Private Wealth Management

MD & Chief Human Capital Officer notifies of intention to sell stock

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Is Well Worth Watching

New major risk - Financial position

Upcoming dividend of US$0.30 per share at 0.5% yield

LPL Financial Holdings Inc. Declares Dividend, Payable on November 27, 2023

Third quarter 2023 earnings: EPS misses analyst expectations

LPL Financial Holdings Inc. to Report Q3, 2023 Results on Oct 26, 2023

Insider notifies of intention to sell stock

LPL Financial Holdings Inc. to Report August,2023 Results on Sep 21, 2023

If EPS Growth Is Important To You, LPL Financial Holdings (NASDAQ:LPLA) Presents An Opportunity

Upcoming dividend of US$0.30 per share at 0.5% yield

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Now 21% undervalued

LPL Financial Holdings Inc. Declares Cash Dividend, Payable on August 25, 2023

Now 20% undervalued

LPL Financial Holdings Inc. to Report Q2, 2023 Results on Jul 27, 2023

Insufficient new directors

Lpl Financial Appoints Vivek Pappu as Executive Vice President and Chief Analytics and Data Officer

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today

LPL Financial Holdings Inc. Announces Executive Changes

Upcoming dividend of US$0.30 per share at 0.6% yield

Independent Director recently bought US$100k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations

Now 20% undervalued after recent price drop

Price target decreased by 7.1% to US$252

Investor sentiment deteriorates as stock falls 20%

Now 29% undervalued after recent price drop

Upcoming dividend of US$0.30 per share at 0.5% yield

President notifies of intention to sell stock

Chief Legal Officer notifies of intention to sell stock

MD & Chief Human Capital Officer notifies of intention to sell stock

Here's Why We Think LPL Financial Holdings (NASDAQ:LPLA) Might Deserve Your Attention Today

LPL Financial LLC Debuts Partial Book Sales Service

Chief Financial Officer exercised options and sold US$4.6m worth of stock

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

LPL Financial Holdings Inc. Declares Dividend, Payable on March 28, 2023

LPL Financial Holdings Inc. (NasdaqGS:LPLA) acquired Financial Resources Group Investment Services, LLC.

LPL Financial Holdings Inc. to Report Q4, 2022 Results on Feb 02, 2023

LPL Financial Holdings Inc. Elects Albert “Al” Ko as an Additional Independent Director

LPL Financial LLC Announces David J. Dobrusin Joins LPL Financial’s RIA and Custodial Platforms

Now 21% undervalued after recent price drop

LPL Financial Appoints Garrett Fish as Senior Vice President and Head of Model Portfolio Management

Now 22% undervalued after recent price drop

Independent Director recently bought US$100k worth of stock

Chief Legal Officer notifies of intention to sell stock

Insufficient new directors

Now 23% undervalued

Chief Financial Officer exercised options and sold US$4.7m worth of stock

LPL Financial Holdings Inc. (NasdaqGS:LPLA) entered into a definitive purchase agreement to acquire Financial Resources Group Investment Services, LLC for approximately $140 million.

Price target increased to US$289

Upcoming dividend of US$0.25 per share

LPL Financial Holdings Inc. Declares Dividend, Payable on November 28, 2022

Third quarter 2022 earnings: EPS exceeds analyst expectations

Price target increased to US$268

LPL Financial Holdings Inc. to Report Q3, 2022 Results on Oct 27, 2022

President notifies of intention to sell stock