Zacks Research Raises Earnings Estimates for LPL Financial

LPL Financial Holdings Inc. (NASDAQ:LPLA) – Analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of LPL Financial in a research report issued on Tuesday, December 3rd. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $4.41 for the quarter, up from their prior 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 issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $4.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.47. The firm had revenue of $3.11 billion for the quarter, compared to analyst estimates of $3.04 billion. LPL Financial had a net margin of 8.73% and a return on equity of 49.47%. LPL Financial’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.74 EPS.

Several other research firms have also recently commented on LPLA. Citigroup upped their price target on LPL Financial from $285.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group decreased their price objective on LPL Financial from $309.00 to $282.00 and set a “buy” rating on the stock in a research note on Friday, October 4th. Wells Fargo & Company raised LPL Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $235.00 to $285.00 in a research note on Wednesday, October 9th. The Goldman Sachs Group raised their price objective on LPL Financial from $271.00 to $305.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Morgan Stanley raised their target price on LPL Financial from $303.00 to $309.00 and gave the company an “overweight” rating in a report on Thursday, October 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, LPL Financial presently has an average rating of “Moderate Buy” and an average price target of $290.83.

LPL Financial Stock Performance

Shares of LPLA opened at $330.65 on Thursday. The stock has a 50 day moving average price of $282.60 and a 200 day moving average price of $256.83. 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 company has a market capitalization of $24.76 billion, a price-to-earnings ratio of 24.86, a price-to-earnings-growth ratio of 1.58 and a beta of 0.86. LPL Financial has a 52-week low of $187.19 and a 52-week high of $332.54.

Institutional Trading of LPL Financial

Hedge funds have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC bought a new position in shares of LPL Financial during the 2nd quarter worth approximately $25,000. Key Financial Inc bought a new position in shares of LPL Financial during the 2nd quarter worth approximately $28,000. Ashton Thomas Securities LLC bought a new position in shares of LPL Financial during the 3rd quarter worth approximately $31,000. Paladin Wealth LLC bought a new position in shares of LPL Financial during the 3rd quarter worth approximately $34,000. Finally, Crewe Advisors LLC lifted its position in shares of 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 buying an additional 101 shares during the period. Institutional investors own 95.66% of the company’s stock.

LPL Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 14th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.36%. The ex-dividend date was Thursday, November 14th. LPL Financial’s payout ratio is currently 9.02%.

About LPL Financial

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.