The closing price of Lincoln National Corp. (NYSE: LNC) was $30.72 for the day, down -2.88% from the previous closing price of $31.63. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 1730733 shares were traded.
Ratios:
Our analysis of LNC’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 5.21B and an Enterprise Value of 8.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.75.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $32.43, while it has fallen to a 52-week low of $18.50. The 50-Day Moving Average of the stock is 27.88, while the 200-Day Moving Average is calculated to be 25.94.
Shares Statistics:
LNC traded an average of 1.95M shares per day over the past three months and 2.25M shares per day 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 73.61% stake in the company. Shares short for LNC as of Mar 15, 2024 were 3.77M with a Short Ratio of 1.93, compared to 3.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.22% and a Short% of Float of 2.54%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.80, LNC has a forward annual dividend rate of 1.80. Against a Trailing Annual Dividend Yield of 5.69%, it implies a Forward Annual Dividend Yield of 5.69%. The stock’s 5-year Average Dividend Yield is 4.15.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $1.27 for the current quarter, with a high estimate of $1.52 and a low estimate of $1.04, while EPS last year was $1.52. The consensus estimate for the next quarter is $1.77, with high estimates of $1.92 and low estimates of $1.52.
Analysts are recommending an EPS of between $7.06 and $5.69 for the fiscal current year, implying an average EPS of $6.6. EPS for the following year is $7.59, with 11 analysts recommending between $8.27 and $6.61.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $4.8B to a low estimate of $4.35B. As of the current estimate, Lincoln National Corp.’s year-ago sales were $4.66B, an estimated decrease of -1.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $4.6B, a decrease of -2.80% less than the figure of -$1.80% in the same quarter last year. There is a high estimate of $4.83B for the next quarter, whereas the lowest estimate is $4.34B.
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 $19.54B in the next fiscal year. The high estimate is $20.76B and the low estimate is $18.4B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
