Large-cap Finance company LPL Financial has logged a -0.6% change today on a trading volume of 20,273. The average volume for the stock is 552,626.
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. Based in San Diego, United States the company has 7,469 full time employees and a market cap of $16,691,734,528. LPL Financial currently offers its equity investors a dividend that yields 0.5% per year.
The company is now trading -17.86% away from its average analyst target price of $268.73 per share. The 11 analysts following the stock have set target prices ranging from $245.0 to $290.0, and on average give LPL Financial a rating of buy.
Over the last 52 weeks, LPLA stock has risen 1.0%, which amounts to a -14.0% difference compared to the S&P 500. The stock's 52 week high is $257.65 whereas its 52 week low is $179.0 per share. Based on LPL Financial's average net margin growth of 7.8% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 9,382,881 | 1,175,817 | 13 | 30.0 |
| 2022 | 8,600,825 | 845,702 | 10 | 66.67 |
| 2021 | 7,720,830 | 459,866 | 6 | -25.0 |
| 2020 | 5,871,640 | 472,640 | 8 | -20.0 |
| 2019 | 5,624,856 | 559,880 | 10 | 25.0 |
| 2018 | 5,188,400 | 439,459 | 8 |
