In the latest session, Lincoln National Corp. (NYSE: LNC) closed at $30.01 up 6.53% from its previous closing price of $28.17. In other words, the price has increased by $+1.84 from its previous closing price. On the day, 3671700 shares were traded.
Ratios:
For a deeper understanding of Lincoln National Corp.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.85.
On January 03, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $26.
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 Feb 09 ’24 when Ryan Owen bought 10,000 shares for $25.90 per share. The transaction valued at 259,000 led to the insider holds 10,000 shares of the business.
KELLY GARY C bought 7,838 shares of LNC for $200,025 on May 11 ’23. The Director now owns 15,007 shares after completing the transaction at $25.52 per share.
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 5.09B and an Enterprise Value of 8.66B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.74.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $29.22, while it has fallen to a 52-week low of $18.50. The 50-Day Moving Average of the stock is 27.32, while the 200-Day Moving Average is calculated to be 25.65.
Shares Statistics:
For the past three months, LNC has traded an average of 1.87M shares per day and 2.14M over the past ten days. A total of 169.67M shares are outstanding, with a floating share count of 167.14M. Insiders hold about 1.49% of the company’s shares, while institutions hold 73.63% stake in the company. Shares short for LNC as of Feb 29, 2024 were 3.6M with a Short Ratio of 1.93, compared to 3.31M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.12% and a Short% of Float of 2.42%.
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 6.39%, it implies a Forward Annual Dividend Yield of 6.00%. The stock’s 5-year Average Dividend Yield is 4.10.
Earnings Estimates
There are 10 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.3 for the current quarter, with a high estimate of $1.54 and a low estimate of $1.02, while EPS last year was $1.52. The consensus estimate for the next quarter is $1.77, with high estimates of $1.84 and low estimates of $1.56.
Analysts are recommending an EPS of between $7.01 and $5.71 for the fiscal current year, implying an average EPS of $6.6. EPS for the following year is $7.58, with 11 analysts recommending between $8.27 and $6.64.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $4.62B this quarter.It ranges from a high estimate of $4.8B to a low estimate of $4.46B. As of the current estimate, Lincoln National Corp.’s year-ago sales were $4.66B, an estimated decrease of -0.80% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $4.66B, a decrease of -1.60% less than the figure of -$0.80% in the same quarter last year. There is a high estimate of $4.83B for the next quarter, whereas the lowest estimate is $4.49B.
A total of 7 analysts have provided revenue estimates for LNC’s current fiscal year. The highest revenue estimate was $19.84B, while the lowest revenue estimate was $17.99B, resulting in an average revenue estimate of $18.93B. In the same quarter a year ago, actual revenue was $16.03B, up 18.10% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $19.47B in the next fiscal year. The high estimate is $20.76B and the low estimate is $17.82B. The average revenue growth estimate for next year is up 2.90% from the average revenue estimate for this year.
