The company is set to release its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $5.49.
LPL Financial Holdings Inc. (LPLA) is currently trading at $333.06, experiencing a price increase of $2.67 (0.807%) from the previous close. The trading volume is $144,742, representing a 13.69% increase relative to the average.
In the most recent earnings report on Wednesday, January 28th, the company reported an EPS of $4.82.
With a forward dividend yield of 0.36%, the company distributes 30 cents per share on a quarterly basis, totaling $1.2 per share over the trailing twelve months.
The company generated a free cash flow of $490.22 million, with a net increase in cash of $234 million. Operating cash flow stood at $661.90 million.
LPL Financial recorded a net income of $300.72 million, resulting in an EPS of $3.76. The gross profit margin was 23.69%, while the operating profit margin stood at 11.8%.
Key ratios include a net profit margin of 6.1%, return on equity of 5.63%, and a price-to-earnings ratio of 23.77.
Total assets amount to $18.49 billion, with total liabilities at $13.15 billion. The company has a net debt of $6.22 billion.
This report provides a snapshot of LPL Financial Holdings Inc.'s financial performance and position in the market, reflecting its earnings, dividends, cash flow, and key financial ratios.
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 financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market programs; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.