Zacks Research Raises Earnings Estimates for LPL Financial

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at Zacks Research boosted their Q1 2025 EPS estimates for LPL Financial in a report released on Tuesday, December 3rd. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $4.41 per share for the quarter, up from their previous estimate of $4.39. The consensus estimate for LPL Financial’s current full-year earnings is $16.10 per share. Zacks Research also issued estimates for LPL Financial’s Q1 2026 earnings at $4.85 EPS, Q2 2026 earnings at $5.30 EPS and FY2026 earnings at $20.61 EPS.

LPL Financial (NASDAQ:LPLA) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $4.16 EPS for the quarter, topping the consensus estimate of $3.69 by $0.47. LPL Financial had a net margin of 8.73% and a return on equity of 49.47%. The business had revenue of $3.11 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same quarter in the previous year, the firm posted $3.74 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis.

Several other equities analysts have also recently commented on the stock. UBS Group boosted their price objective on shares of LPL Financial from $215.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. Barclays boosted their price target on shares of LPL Financial from $273.00 to $311.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Wells Fargo & Company raised shares of LPL Financial from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $235.00 to $285.00 in a research note on Wednesday, October 9th. The Goldman Sachs Group boosted their price target on shares of LPL Financial from $271.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, JMP Securities reissued a “market outperform” rating and issued a $310.00 price target on shares of LPL Financial in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $290.83.

LPL Financial Stock Performance

NASDAQ LPLA opened at $330.65 on Thursday. The company’s 50 day moving average is $282.60 and its 200-day moving average is $256.83. LPL Financial has a 12-month low of $187.19 and a 12-month high of $332.54. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 1.60. The firm has a market cap of $24.76 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 1.58 and a beta of 0.86.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LPLA. Ashton Thomas Private Wealth LLC bought a new position in shares of LPL Financial in the second quarter worth approximately $25,000. Key Financial Inc purchased a new stake in shares of LPL Financial in the second quarter valued at $28,000. Ashton Thomas Securities LLC purchased a new stake in shares of LPL Financial in the third quarter valued at $31,000. Paladin Wealth LLC bought a new position in shares of LPL Financial in the third quarter worth about $34,000. Finally, Crewe Advisors LLC grew its holdings in LPL Financial by 360.7% during the 2nd quarter. Crewe Advisors LLC now owns 129 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 101 shares in the last quarter. 95.66% of the stock is owned by hedge funds and other institutional investors.

LPL Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.36%. LPL Financial’s payout ratio is 9.02%.

LPL Financial Company Profile

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. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance.