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.
Lpl Financial Holdings stock last closed at $260.11, down 1.1% from the previous day, and has increased 27.32% in one year. It has overperformed other stocks in the Capital Markets industry by 0.16 percentage points. Lpl Financial Holdings stock is currently +45.31% from its 52-week low of $179.00, and -5.19% from its 52-week high of $274.35.
At the moment, there are 74.45M LPLA shares outstanding. The market capitalization of LPLA is $19.37B. In the last 24 hours, 290,308 LPLA shares were traded.
How to Buy Lpl Financial Holdings Stock
Not sure how to invest in Lpl Financial Holdings stock? Here's how.
Decide where to buy Lpl Financial Holdings stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Lpl Financial Holdings stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Deposit funds into your brokerage account: Choose your payment method and add your info.
Evaluate Lpl Financial Holdings stock: The Lpl Financial Holdings ticker symbol is LPLA. Is Lpl Financial Holdings stock a good investment? Should you buy shares of LPLA? How do LPLA's underlying business fundamentals look? Do top analysts think Lpl Financial Holdings is a good buy? Why has LPLA's stock price moved recently? (Hint: Our stock market research tools can help you figure out if LPLA is a good stock to buy).
Execute your LPLA purchase: Decide if you will purchase LPLA shares at the current market price or use a limit order to purchase LPLA stock at a specific price.
Keep an eye on your investment in LPLA: Create a watchlist to monitor your investment in Lpl Financial Holdings stock.
Step 1: Decide where to buy Lpl Financial Holdings stock
You need an online brokerage account in order to access the NASDAQ market and buy LPLA stock.
A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Create your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in LPLA stock today.
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Step 4: Evaluate Lpl Financial Holdings stock
Once you have identified the best place to buy Lpl Financial Holdings stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Lpl Financial Holdings shares data
LPLA Price
$260.11
1w %
0.74%
1y %
27.32%
5y %
249.33%
P/E
18.74x
P/B
9.32x
P/S
1.99x
PEG
1.11x
Revenue
$10.05B
Earnings
$1.07B
Fore. Rev. Growth
14.05%
Fore. Earn. Growth
18.71%
Market Cap
$19.37B
Next Earnings
Apr 30, 2024
Next Dividend
N/A
Fundamentals of LPLA
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
Total LPLA debt is lower than 5 years ago, relative to shareholder equity.
LPLA earnings of $1.63B is not enough to cover its interest payments.
LPLA profit margin has gone up from 9.8% to 10.6% in the past year.
Negative Financial Indicators:
LPLA's operating cash flow of $512.61M allows it to safely service it's debt of $3.73B.
LPLA has a relatively high debt to equity ratio of 4.
Is LPLA stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Equities analysts who monitor LPLA, the consensus analyst rating on Lpl Financial Holdings is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest LPLA Analyst Recommendations
Brennan Hawken, a top 25% analyst from UBS maintains LPLA with a hold rating and raises their LPLA price target from $260.00 to $267.00, on Feb 14, 2024.
Charles Bendit, a top 50% analyst from Redburn Atlantic initiates coverage on LPLA with a hold rating and announces their LPLA price target of $240.00, on Dec 1, 2023.
Jeremy Campbell, a top 6% analyst from Barclays maintains LPLA with a strong buy rating and lowers their LPLA price target from $277.00 to $265.00, on Oct 30, 2023.
Last year, LPLA earnings were $1.07B. During the past five year, LPLA's earnings have increased by 22.7% per year. This was faster than the Capital Markets industry average of 11.68%.
Last year, LPLA revenue was $10.05B. During the past five year, LPLA's revenue has increased by 14.14% per year. This was faster than the Capital Markets industry average of 12.74%.
Lpl Financial Holdings pays a dividend of 0.46%, compared to the Capital Markets industry's average dividend yield of 2.86%. If you owned $1,000 worth of LPLA stock, you would have received $4.61 in the past 12 months.
Lpl Financial Holdings dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Execute your LPLA purchase
You have two primary types of orders:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually the best for newer investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a given price limit, place a limit order.
Hit the Open button and your broker will place the order.
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How much does it cost to buy one Lpl Financial Holdings share?
As of Apr 16, 2024, it costs $260.11 to buy one share of Lpl Financial Holdings stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.384 shares of LPLA.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.