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After finishing at $30.87 in the prior trading day, Lincoln National Corp. (NYSE: LNC) closed at $30.75, down -0.39%. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 0.99 million shares were traded. LNC stock price reached its highest trading level at $31.38 during the session, while it also had its lowest trading level at $30.7.
Ratios:
Our goal is to gain a better understanding of LNC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 the company, Jefferies on May 22, 2024, Upgraded its rating to Buy and sets its target price to $34 from $26 previously.
On February 12, 2024, Jefferies Upgraded its rating to Hold which previously was Underperform but kept the price unchanged to $2622.
JP Morgan Downgraded its Neutral to Underweight on January 03, 2024, while the target price for the stock was maintained at $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 28 ’24 when Woodroffe Sean sold 55,127 shares for $32.57 per share. The transaction valued at 1,795,486 led to the insider holds 198,255 shares of the business.
Ryan Owen bought 10,000 shares of LNC for $259,000 on Feb 09 ’24. The Director now owns 10,000 shares after completing the transaction at $25.90 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 5228330496 and an Enterprise Value of -21939675136. As of this moment, Lincoln’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.20, and their Forward P/E ratio for the next fiscal year is 4.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.20. 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 0.80. Its current Enterprise Value per Revenue stands at -1.836 whereas that against EBITDA is 81.712.
Stock Price History:
Over the past 52 weeks, LNC has reached a high of $33.33, while it has fallen to a 52-week low of $20.85. The 50-Day Moving Average of the stock is 0.23%, while the 200-Day Moving Average is calculated to be 12.76%.
Shares Statistics:
The stock has traded on average 1.57M shares per day over the past 3-months and 1321520 shares per day over the last 10 days, according to various share statistics. A total of 169.67M shares are outstanding, with a floating share count of 167.97M. Insiders hold about 1.21% of the company’s shares, while institutions hold 73.15% stake in the company. Shares short for LNC as of 1718323200 were 4459859 with a Short Ratio of 2.84, compared to 1715731200 on 3574262. Therefore, it implies a Short% of Shares Outstanding of 4459859 and a Short% of Float of 3.01.
Dividends & Splits
In the trailing 12 months, LNC’s forward annual dividend rate was 1.8, compared to 1.35 this year. Against a Trailing Annual Dividend Yield of 0.058309034The stock’s 5-year Average Dividend Yield is 4.34.
