The price of Lincoln National Corp. (NYSE: LNC) closed at $26.91 in the last session, up 0.41% from day before closing price of $26.80. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 1429018 shares were traded.
Ratios:
We take a closer look at LNC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 4.57B and an Enterprise Value of 8.14B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.70.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $30.69, while it has fallen to a 52-week low of $18.50. The 50-Day Moving Average of the stock is 27.30, while the 200-Day Moving Average is calculated to be 25.32.
Shares Statistics:
According to the various share statistics, LNC traded on average about 2.01M shares per day over the past 3-months and 1.86M shares per day over the past 10 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 73.58% stake in the company. Shares short for LNC as of Feb 15, 2024 were 3.45M with a Short Ratio of 1.72, compared to 3.58M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.03% and a Short% of Float of 2.32%.
Dividends & Splits
The forward annual dividend rate for LNC is 1.80, which was 1.80 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 6.72%, it implies a Forward Annual Dividend Yield of 6.69%. The stock’s 5-year Average Dividend Yield is 4.10.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.36 for the current quarter, with a high estimate of $1.54 and a low estimate of $1.13, while EPS last year was $1.52. The consensus estimate for the next quarter is $1.78, with high estimates of $1.84 and low estimates of $1.56.
Analysts are recommending an EPS of between $7.01 and $5.41 for the fiscal current year, implying an average EPS of $6.6. EPS for the following year is $7.57, with 11 analysts recommending between $8.3 and $6.48.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $4.58B. 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 -1.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $4.62B, a decrease of -2.30% less than the figure of -$1.60% 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 6 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 $18.87B. In the same quarter a year ago, actual revenue was $16.03B, up 17.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $19.43B 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.
