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The closing price of Lincoln National Corp. (NYSE: LNC) was $26.85 for the day, down -1.65% from the previous closing price of $27.30. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 1.56 million shares were traded. LNC stock price reached its highest trading level at $27.55 during the session, while it also had its lowest trading level at $26.81.
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 4564956160 and an Enterprise Value of -22034393088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at -1.892 whereas that against EBITDA is 7.184.
Stock Price History:
The Beta on a monthly basis for LNC is 1.79, which has changed by 0.2749288 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -4.64%, while the 200-Day Moving Average is calculated to be 2.66%.
Shares Statistics:
LNC traded an average of 1.87M shares per day over the past three months and 1554060 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 73.75% stake in the company. Shares short for LNC as of 1711584000 were 3680062 with a Short Ratio of 1.97, compared to 1709164800 on 3601121. Therefore, it implies a Short% of Shares Outstanding of 3680062 and a Short% of Float of 2.48.
Dividends & Splits
With its trailing 12-month dividend rate of 1.8, LNC has a forward annual dividend rate of 1.80. The stock’s 5-year Average Dividend Yield is 4.15.
Earnings Estimates
The current market rating for Lincoln National Corp. (LNC) reflects the collective analysis of 11 analysts closely monitoring its performance.On average, analysts expect EPS of $1.16 for the current quarter, with a high estimate of $1.42 and a low estimate of $0.93, while EPS last year was $1.52. The consensus estimate for the next quarter is $1.8, 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 $6.54. EPS for the following year is $7.57, with 11 analysts recommending between $8.25 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 $4.82B 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 -1.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $4.63B, a decrease of -2.10% less than the figure of -$1.60% in the same quarter last year. There is a high estimate of $4.88B 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 $19.54B, while the lowest revenue estimate was $18.14B, resulting in an average revenue estimate of $18.97B. In the same quarter a year ago, actual revenue was $16.03B, up 18.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $19.56B in the next fiscal year. The high estimate is $20.41B and the low estimate is $18.4B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
