Lincoln National Corp. (NYSE: LNC) closed the day trading at $29.84 down -3.40% from the previous closing price of $30.89. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 1402346 shares were traded.
Ratios:
For a better understanding of LNC, let’s look at its different ratios. 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:
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 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 5.06B and an Enterprise Value of 8.63B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.74.
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 28.07, while the 200-Day Moving Average is calculated to be 26.06.
Shares Statistics:
Over the past 3-months, LNC traded about 1.89M shares per day on average, while over the past 10 days, LNC traded about 1.92M shares per day. 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 73.59% stake in the company. Shares short for LNC as of Mar 28, 2024 were 3.68M with a Short Ratio of 1.99, compared to 3.6M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.17% and a Short% of Float of 2.48%.
Dividends & Splits
LNC’s forward annual dividend rate is 1.80, up from 1.80 a year ago. Against a Trailing Annual Dividend Yield of 5.91%, it implies a Forward Annual Dividend Yield of 6.03%. The stock’s 5-year Average Dividend Yield is 4.15.
Earnings Estimates
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $1.25 for the current quarter, with a high estimate of $1.52 and a low estimate of $0.93, 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 $6.59. EPS for the following year is $7.58, with 11 analysts recommending between $8.27 and $6.61.
Revenue Estimates
6 analysts predict $4.58B in revenue for the current quarter. 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 -1.70% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $4.61B, a decrease of -2.60% less than the figure of -$1.70% 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 $18.96B. In the same quarter a year ago, actual revenue was $16.03B, up 18.30% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $19.57B 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.
