In the latest session, Lincoln National Corporation (NYSE: LNC) closed at $21.13 down -3.60% from its previous closing price of $21.92. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 2174662 shares were traded.
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Ratios:
For a deeper understanding of Lincoln National Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.17. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 1.90.
Upgrades & Downgrades
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 11 when KELLY GARY C bought 7,838 shares for $25.52 per share. The transaction valued at 200,025 led to the insider holds 15,007 shares of the business.
Kennedy John Christopher sold 1,500 shares of LNC for $46,185 on Dec 15. The EVP, President LFD now owns 20,336 shares after completing the transaction at $30.79 per share. On Nov 18, another insider, Connelly Deirdre P, who serves as the Director of the company, bought 3,000 shares for $37.41 each. As a result, the insider paid 112,230 and bolstered with 4,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LNC now has a Market Capitalization of 3.24B and an Enterprise Value of 7.34B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.41.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $58.68, while it has fallen to a 52-week low of $18.50. The 50-Day Moving Average of the stock is 21.03, while the 200-Day Moving Average is calculated to be 34.69.
Shares Statistics:
For the past three months, LNC has traded an average of 4.08M shares per day and 3.4M over the past ten days. A total of 169.20M shares are outstanding, with a floating share count of 153.12M. Insiders hold about 0.20% of the company’s shares, while institutions hold 81.70% stake in the company. Shares short for LNC as of May 14, 2023 were 7.28M with a Short Ratio of 7.66M, compared to 7.07M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.29% and a Short% of Float of 4.90%.
Dividends & Splits
According to the company, the forward annual dividend rate for LNC is 1.80, from 1.80 in the trailing year. Against a Trailing Annual Dividend Yield of 8.21%, it implies a Forward Annual Dividend Yield of 8.21%. The stock’s 5-year Average Dividend Yield is 3.25.
Earnings Estimates
There are 12 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.88 for the current quarter, with a high estimate of $2.11 and a low estimate of $1.74, while EPS last year was $2.23. The consensus estimate for the next quarter is $1.86, with high estimates of $2.14 and low estimates of $1.71.
Analysts are recommending an EPS of between $8 and $6.79 for the fiscal current year, implying an average EPS of $7.23. EPS for the following year is $8.26, with 12 analysts recommending between $9.24 and $7.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $4.52B this quarter.It ranges from a high estimate of $4.68B to a low estimate of $4.35B. As of the current estimate, Lincoln National Corporation’s year-ago sales were $4.64B, an estimated decrease of -2.60% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.5B, an increase of 2.60% over than the figure of -$2.60% in the same quarter last year. There is a high estimate of $4.72B for the next quarter, whereas the lowest estimate is $4.32B.
A total of 6 analysts have provided revenue estimates for LNC’s current fiscal year. The highest revenue estimate was $18.78B, while the lowest revenue estimate was $17.82B, resulting in an average revenue estimate of $18.31B. In the same quarter a year ago, actual revenue was $18.66B, down -1.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $18.84B in the next fiscal year. The high estimate is $19.58B and the low estimate is $18.19B. The average revenue growth estimate for next year is up 2.90% from the average revenue estimate for this year.
