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As of close of business last night, Lincoln National Corp.’s stock clocked out at $30.46, down -0.49% from its previous closing price of $30.61. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 1.08 million shares were traded. LNC stock price reached its highest trading level at $30.54 during the session, while it also had its lowest trading level at $29.92.
Ratios:
To gain a deeper understanding of LNC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.72.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on September 05, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $35.
On May 22, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $26 to $34.
Jefferies Upgraded its Underperform to Hold on February 12, 2024, while the target price for the stock was maintained at $2622.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 14 ’24 when MATHEW GROVE bought 10,877 shares for $29.69 per share.
Mathew Grove bought 10,174 shares of LNC for $297,843 on Aug 06 ’24. On May 28 ’24, another insider, Woodroffe Sean, who serves as the EVP, Ch Ppl Culture Comms Off of the company, sold 55,127 shares for $32.57 each. As a result, the insider received 1,795,486 and left with 198,255 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 5209725952 and an Enterprise Value of -22232795136. As of this moment, Lincoln’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.21, and their Forward P/E ratio for the next fiscal year is 4.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at -1.636 whereas that against EBITDA is 22.39.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $36.46, while it has fallen to a 52-week low of $20.85. The 50-Day Moving Average of the stock is -1.55%, while the 200-Day Moving Average is calculated to be 2.89%.
Shares Statistics:
It appears that LNC traded 1.46M shares on average per day over the past three months and 1721080 shares per day over the past ten days. A total of 169.67M shares are outstanding, with a floating share count of 168.09M. Insiders hold about 1.24% of the company’s shares, while institutions hold 74.75% stake in the company. Shares short for LNC as of 1726185600 were 3889888 with a Short Ratio of 2.67, compared to 1723680000 on 3515819. Therefore, it implies a Short% of Shares Outstanding of 3889888 and a Short% of Float of 2.6199998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.8, LNC has a forward annual dividend rate of 1.80. Against a Trailing Annual Dividend Yield of 0.05880431The stock’s 5-year Average Dividend Yield is 4.49.
