Lincoln National Corp. [LNC] stock prices are up 0.58% to $27.70 at the moment. 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 gain 1.32% over the last week, with a monthly amount glided 0.91%, and 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 22, February 2024, Lincoln National Corporation’s Board of Directors Declares Quarterly Cash Dividend. In a post published today on Yahoo Finance, Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable May 1, 2024 to shareholders of record at the close of business on April 10, 2024.
From an analyst’s perspective:
Lincoln National Corp. [NYSE: LNC] stock has seen the most recent analyst activity on February 12, 2024, when Jefferies upgraded its rating to a Hold but kept the price target unchanged to $2622 for it. Previously, JP Morgan downgraded its rating to Underweight on January 03, 2024, and kept the price target unchanged to $26. Barclays downgraded its rating to a Underweight and decreased its price target to $29 on January 09, 2023. JP Morgan downgraded its rating to a Neutral and reduced its price target to $36 on January 06, 2023. Goldman upgraded its rating to Buy for this stock on November 16, 2022, and downed its price target to $46. In a note dated November 04, 2022, Credit Suisse upgraded an Neutral rating on this stock and revised its target price from $45 to $41.
The stock price of Lincoln National Corp. [LNC] has been fluctuating between $18.50 and $32.08 over the past year. Currently, Wall Street analysts expect the stock to reach $53.64 within the next 12 months. Lincoln National Corp. [NYSE: LNC] shares were valued at $27.70 at the most recent close of the market. An investor can expect a potential return of 93.65% based on the average LNC price forecast.
Analyzing the LNC fundamentals
The Lincoln National Corp. [NYSE:LNC] reported sales of 14.03B for trailing twelve months, representing a drop of -94.92%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.13 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.
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 27.31 points at the first support level, and at 26.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.91, and for the 2nd resistance point, it is at 28.12.
Lincoln National Corp. [LNC] reported earnings per share of $1.45 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.32/share, meaning a difference of $0.13 and a surprise factor of 9.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.23 per share as compared to estimates of $1.77 per share, a difference of -$1.54 representing a surprise of -87.00%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.80.
Transactions by insiders
Recent insider trading involved Ryan Owen, Director, that happened on Feb 09 when 10000.0 shares were purchased. Director, KELLY GARY C completed a deal on May 11 to buy 7838.0 shares.
