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Wednesday, September 27, 2023

The Street Is Finally Waking Up To LPL Financial Holdings Inc. (NASDAQ: LPLA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for LPL Financial Holdings Inc. (LPLA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.84, or 0.34%, to $247.34. The LPL Financial Holdings Inc. has recorded 9,573 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services.

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Stocks Info

LPL Financial Holdings Inc. is listed on the NASDAQ as a member of the Financial sector and is a part of the Capital Markets industry. At the end of the last regular session, the stock closed at $246.50 and fluctuated between $247.16 as its day high and $240.96 as its day low. The current market capitalization of LPL Financial Holdings Inc. is $18.69B. A total of 0.58 million shares were traded on the day, compared to an average of 633.01K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LPLA has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 9,000 shares. Over the last 12 months, there were 78 BUYs and 52 SELLs from insiders. Insiders purchased 260,725 shares during that period but sold 268,641.

In the most recent transaction, Steinmeier Richard sold 10,300 shares of LPLA for 242.68 per share on Sep 13. After the transaction, the Managing Director now owns 16,914 company shares. In a previous transaction on Aug 22, Enyedi Matthew sold 3,265 shares at 230.86 per share. LPLA shares that Managing Director owns now total 9,978.

Among the insiders who bought shares, Glavin William Francis Jr acquired of 557 shares on May 04 at a per-share price of $180.23. This resulted in the Director holding 2,775 shares of LPLA after the transaction. In another insider transaction, Arnold Dan H. sold 38,444 shares at $246.20 per share on Feb 27. Company shares held by the President & CEO now total 154,884.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. LPL Financial Holdings Inc. pays an annual dividend of $1.20, resulting in a dividend yield of 0.49%, and it has a price to earnings (P/E) ratio of 16.78. LPLA’s most recent ex-dividend date was 8/10/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 8/25/2023. Previously, the company paid the dividend on 6/1/2023 with an ex-dividend date of 5/17/2023. The LPLA stock dividend was $0.30 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LPLA in the last 3 months, the mean price target is $261.50 with high estimates of $290.00 and low estimates of $230.00. In terms of 52-week highs and lows, LPLA has a high of $271.56 and a low of $179.00.

As of this writing, LPLA has an earnings estimate of $3.78 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $3.98 per share and a lower estimate of $3.53. The company reported an EPS of $4.49 in the last quarter, which was 3.70% higher than expectations of $4.33.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $27.48, while its Total Shareholder’s Equity was $1.67B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LPLA is Buy with a score of 4.18.

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