How to Buy Lpl Financial Holdings Stock
Lpl Financial Holdings Inc
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.
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Open eToro AccountStep 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.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have opened your account on a good stock buying app, you need to deposit funds:
Check out the video below if you need help depositing money into your new investment account.
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
Fundamentals of LPLA
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on LPLA's stock page.
Is LPLA stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge LPLA's true value.
Using relative valuations methods:
- LPLA may be undervalued based on its P/E ratio of 18.74x, relative to Capital Markets industry P/E ratio of 20.1x
- LPLA may be overvalued based on its P/B ratio of 9.32x, relative to Capital Markets industry P/B ratio of 1.78x
- LPLA may be overvalued based on its PEG ratio of 1.11x
You can access more valuation research on LPLA's stock here.
LPLA Financial Health Summary
Positive Financial Indicators:
- 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.
You can dive deeper into what analysts are forecasting on the Lpl Financial Holdings stock forecast page.
Metrics for Advanced LPLA Traders
LPLA Revenue
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%.
Learn more about LPLA's earnings and revenue performance here.
Are LPLA executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at LPLA have sold more shares than they have bought.
Dan H. Arnold, President CEO of LPLA, was the latest LPLA insider to sell. They sold $2,252,465.80 worth of LPLA shares on Feb 26, 2024.
Research more about who owns LPLA shares here.
Does LPLA provide a stable income stream?
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.
Find more info about Lpl Financial Holdings dividend yield and history here.
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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.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in LPLA
Now that you own some shares in LPLA, you'll want to keep up with your new shares.
Start a watchlist to see the latest developments about your LPLA stock.
LPLA Feed
How to Buy Stock in Lpl Financial Holdings
To reiterate, here are the 6 steps to buy Lpl Financial Holdings stock:
- Decide where to buy Lpl Financial Holdings stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Evaluate Lpl Financial Holdings stock
- Execute your LPLA purchase
- Keep an eye on your investment in LPLA
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Lpl Financial Holdings, click below.
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