Getting to Know the Facts About LPL Financial

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.