Latest news with #LPLA
Globe and Mail
01-08-2025
- Business
- Globe and Mail
LPL Financial's Q2 Earnings Beat on Higher Revenues, Stock Jumps
Shares of LPL Financial LPLA gained 3.1% in after-hours trading following the release of better-than-expected second-quarter results. Adjusted earnings of $4.51 per share handily outpaced the Zacks Consensus Estimate of $4.21. The bottom line also grew 16% year over year. Results benefited from robust revenue improvement, partly offset by higher expenses. LPLA recorded strong growth in brokerage and advisory assets, which acted as a tailwind. After considering certain non-recurring items, net income was $273.2 million or $3.40 per share, up from $243.8 million or $3.23 per share in the prior-year quarter. Our estimate for net income was $254.6 million. LPLA's Revenues Improve, Expenses Rise Total net revenues were $3.84 billion, jumping 31% year over year. The top line beat the Zacks Consensus Estimate of $3.77 billion. Total expenses surged 33% to $3.47 billion. The rise was due to an increase in all cost components except other expenses. Our estimate for total expenses was $3.42 billion. As of June 30, 2025, LPL Financial's total brokerage and advisory assets were $1,919.2 billion, up 28%. Our estimate for the metric was $1,847.5 billion. In the reported quarter, total net new assets were $20.5 billion. Total client cash balances rose 15% year over year to $50.6 billion. LPLA's Balance Sheet Position Solid As of June 30, 2025, total assets were $17.47 billion, up 25% on a sequential basis. As of the same date, cash and cash equivalents totaled $4.19 billion, up from $1.23 billion in the last quarter. Total stockholders' equity was $5.07 billion as of June 30, 2025, up 62% sequentially. Our View on LPL Financial LPL Financial's recruiting efforts and solid advisor productivity will likely continue aiding advisory revenues. Strategic acquisitions and a strong balance sheet will support financials. However, rising expenses and uncertainty regarding capital markets are likely to adversely impact commission revenues. Currently, LPL Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performances of LPLA's Peers Interactive Brokers ' IBKR second-quarter 2025 adjusted earnings per share of $1.51 surpassed the Zacks Consensus Estimate of $1.46. The bottom line grew 15.9% from the prior-year quarter. Results primarily benefited from an increase in revenues as trading volume, customer accounts and daily average revenue trades increased in the quarter. As such, Interactive Brokers recorded a 27.1% jump in commissions. Charles Schwab 's SCHW second-quarter 2025 adjusted earnings of $1.14 per share outpaced the Zacks Consensus Estimate of $1.09 and surged 56% year over year. The solid performance of the asset management business and higher net interest revenues supported the results. Also, trading revenues, which soared 22.5% year over year, drove Schwab's quarterly performance. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report LPL Financial Holdings Inc. (LPLA): Free Stock Analysis Report
Yahoo
21-07-2025
- Business
- Yahoo
Here's Why LPL Financial Holdings Inc. (LPLA) is a Strong Momentum Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Is This 1 Momentum Stock a Screaming Buy Right Now? For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. LPL Financial Holdings Inc. (LPLA) LPL Financial Holdings Inc. is based in Boston, MA. It is a clearing broker-dealer and an investment advisory firm that acts as an agent for its advisors on behalf of their clients by providing access to a broad array of financial products and services. LPLA is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are up 5.7% over the past one week and up 3.6% over the past four weeks. LPLA has gained 85.9% in the last one-year period as well. Looking at trading volume, an average of 806,014 shares exchanged hands over the last 20 trading days. A company's earnings performance is important for momentum investors as well. For fiscal 2025, four analysts revised their earnings estimate higher in the last 60 days for LPLA, while the Zacks Consensus Estimate has increased $0.28 to $18.59 per share. LPLA also boasts an average earnings surprise of 10.2%. With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding LPLA to their portfolios. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LPL Financial Holdings Inc. (LPLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Here's Why LPL Financial Holdings Inc. (LPLA) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time. LPL Financial Holdings Inc. is based in Boston, MA. It is a clearing broker-dealer and an investment advisory firm that acts as an agent for its advisors on behalf of their clients by providing access to a broad array of financial products and services. LPLA sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 12.7% and 24.3% year-over-year, respectively. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.64 to $18.60 per share. LPLA boasts an average earnings surprise of 10.2%. On a historic basis, LPL Financial Holdings Inc. has generated cash flow growth of 17.1%, and is expected to report cash flow expansion of 7.1% this year. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, LPLA should be on investors' short lists. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LPL Financial Holdings Inc. (LPLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
24-06-2025
- Business
- Globe and Mail
LPL Financial's May Brokerage & Advisory Assets Rise Y/Y
LPL Financial LPLA witnessed a rise in total brokerage and advisory assets in May 2025. The metric was $1.85 trillion, which grew 3.7% from the prior month and 26.5% year over year. LPLA's Performance Breakdown Of LPLA's total assets, brokerage assets were $832.9 billion and advisory assets amounted to $1.02 trillion. Brokerage assets rose 2.9% from April 2025 and 26.8% year over year. Advisory assets were up 4.4% from the previous month and 26.2% from May 2024. Total net new assets (NNAs) were $6.5 billion in May. Total organic NNAs were $6.5 billion as well, including $1 billion off-boarded assets as part of the previously disclosed planned separation from misaligned large offices of supervisory jurisdiction. Excluding these assets, organic NNAs were $7.5 billion. The company reported $49.2 billion of total client cash balance in May, down 5% from the prior month but up 10.6% from May 2024. Of the total balance, $33.4 billion was insured cash, $10.6 billion was deposit cash, and the remainder was money-market sweep and client cash balance. Our Take on LPLA Stock LPL Financial's impending acquisition of Commonwealth Financial, the buyouts of Investment Center and Atria Wealth, and solid advisor productivity and recruiting efforts are expected to bolster advisory revenues. However, uncertainty about the performance of the capital markets and substantial goodwill on the balance sheet are headwinds. In the past three months, LPLA's shares have risen 9.3%, outperforming the industry 's growth of 7.8%. Currently, LPL Financial carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performance of LPLA's Peers in May Charles Schwab SCHW released its monthly activity report for May 2025. The company's total client assets were $10.35 trillion, up 12.4% from May 2024 and 4.6% from April 2025. SCHW's client assets receiving ongoing advisory services were $5.24 trillion, growing 12.6% from the year-ago period and 3.9% from the prior month. Interactive Brokers Group, Inc. IBKR released the Electronic Brokerage segment's performance metrics for May 2025. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs) from a year ago. IBKR's total client DARTs in May were 3,384,000, representing a 43% increase from May 2024 but an 11% decline from April 2025. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report LPL Financial Holdings Inc. (LPLA): Free Stock Analysis Report
Yahoo
10-06-2025
- Business
- Yahoo
Why LPL Financial Holdings Inc. (LPLA) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. LPL Financial Holdings Inc. is based in Boston, MA. It is a clearing broker-dealer and an investment advisory firm that acts as an agent for its advisors on behalf of their clients by providing access to a broad array of financial products and services. LPLA boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 12.7% year-over-year for 2025, while Wall Street anticipates its top line to improve by 24.3%. Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.22 to $18.60 per share for 2025. LPLA boasts an average earnings surprise of 10.2%. On a historic basis, LPL Financial Holdings Inc. has generated cash flow growth of 17.1%, and is expected to report cash flow expansion of 7.1% this year. Investors should take the time to consider LPLA for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LPL Financial Holdings Inc. (LPLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
