Investors may find better financial performance in Lincoln National Corporation (LNC)

Lincoln National Corporation [LNC] stock is trading at $44.51, up down -1.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LNC shares have lost -4.67% over the last week, with a monthly amount drifted -4.85%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored

On 29, September 2022, Lincoln Financial Group to Report Third Quarter Earnings. In a post published today on Yahoo Finance, Lincoln Financial Group (NYSE:LNC) announced today that it will report its third quarter earnings after market close on Wednesday, November 2, 2022. A conference call is scheduled for Thursday, November 3, 2022, at 10:00 a.m. Eastern Time.

From an analyst’s perspective:

Lincoln National Corporation [NYSE: LNC] stock has seen the most recent analyst activity on June 23, 2022, when Wolfe Research downgraded its rating to a Peer Perform and also revised its price target to $53 from $99. Previously, Citigroup started tracking the stock with Neutral rating on May 24, 2022, and set its price target to $56. On March 01, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $74 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $80 on January 26, 2022. Wolfe Research initiated its recommendation with a Outperform and recommended $99 as its price target on January 21, 2022. Piper Sandler upgraded its rating to Overweight for this stock on January 05, 2022, and upped its price target to $83. In a note dated January 05, 2022, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $85 to $75.

Lincoln National Corporation [LNC] stock has fluctuated between $43.01 and $77.57 over the past year. Currently, Wall Street analysts expect the stock to reach $58.80 within the next 12 months. Lincoln National Corporation [NYSE: LNC] shares were valued at $44.51 at the most recent close of the market. An investor can expect a potential return of 32.11% based on the average price forecast.

Analyzing the LNC fundamentals

Lincoln National Corporation [NYSE:LNC] reported sales of 5.08 billion for the most recent quarter, which represents a growth of 5.20%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.68 points at the first support level, and at 42.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.09, and for the 2nd resistance point, it is at 45.67.

Lincoln National Corporation [LNC] reported earnings per share of $1.66 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.81/share, meaning a difference of $-0.15 and a surprise factor of -8.30%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $1.56 per share as compared to estimates of $1.9 per share, a difference of $-0.34 representing a surprise of -17.90%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 0.60 and the P/E (TTM) ratio is 8.60.

Transactions by insiders

In the past 3 months, 4 insiders have purchased 102,268 shares, and 0 have sold 0 shares. Recent insider trading involved GLASS DENNIS R, Director, that happened on May 31 when 50000.0 shares were sold. EVP, President LFD, Kennedy John Christopher completed a deal on Nov 11 to sell 10922.0 shares. Meanwhile, EVP & CFO Freitag Randal J sold 61430.0 shares on Nov 08.