Large-cap Finance company LPL Financial has logged a 0.2% change today on a trading volume of 970,591. The average volume for the stock is 562,298.
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 $16,396,058,624. LPL Financial currently offers its equity investors a dividend that yields 0.5% per year.
The company is now trading -19.32% 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 12 months LPLA shares have declined by -8.0%, which represents a difference of -20.0% when compared to the S&P 500. The stock's 52 week high is $257.65 per share and its 52 week low is $179.0. Based on LPL Financial's average net margin growth of 7.0% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 9,742,206 | 1,167,777 | 12 | 20.0 |
| 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 |
