At the time of writing, Lincoln National Corp. [LNC] stock is trading at $31.93, down -0.47%. 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 6.40% over the last week, with a monthly amount glided 17.22%, and seem to be holding up well over a long-time horizon.
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On 26, March 2024, Lincoln Financial Group Recognized by DALBAR for Consumer Experience. In a post published today on Yahoo Finance, Independent auditor selects Lincoln as a top provider, highlighting features in both annuity and life insurance products.
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.
For the past year, the stock price of Lincoln National Corp. fluctuated between $18.50 and $32.17. Currently, Wall Street analysts expect the stock to reach $53 within the next 12 months. Lincoln National Corp. [NYSE: LNC] shares were valued at $31.93 at the most recent close of the market. An investor can expect a potential return of 65.99% based on the average LNC price forecast.
Analyzing the LNC fundamentals
According to Lincoln National Corp. [NYSE:LNC], the company’s sales were 14.03B for trailing twelve months, which represents an -94.92% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.86.
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 31.72 points at the first support level, and at 31.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.29, and for the 2nd resistance point, it is at 32.64.
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 0.39, the price to book ratio is 0.92.
Transactions by insiders
Recent insider trading involved Ryan Owen, Director, that happened on Feb 09 ’24 when 10000.0 shares were purchased. Director, KELLY GARY C completed a deal on May 11 ’23 to buy 7838.0 shares.
