On Tuesday, Lincoln National Corp. (NYSE: LNC) opened lower -2.08% from the last session, before settling in for the closing price of $27.88. Price fluctuations for LNC have ranged from $18.50 to $32.43 over the past 52 weeks.
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During the last 5-year period, the sales drop of Financial Sector giant was -2.12%. Company’s average yearly earnings per share was noted 25.20% at the time writing. With a float of $167.14 million, this company’s outstanding shares have now reached $169.67 million.
Let’s determine the extent of company efficiency that accounts for 11024 employees.
Lincoln National Corp. (LNC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Lincoln National Corp. is 1.49%, while institutional ownership is 73.75%. The most recent insider transaction that took place on Feb 09 ’24, was worth 259,000. In this transaction Director of this company bought 10,000 shares at a rate of $25.90, taking the stock ownership to the 10,000 shares. Before that another transaction happened on May 11 ’23, when Company’s Director bought 7,838 for $25.52, making the entire transaction worth $200,025. This insider now owns 15,007 shares in total.
Lincoln National Corp. (LNC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 146.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.20% per share during the next fiscal year.
Lincoln National Corp. (NYSE: LNC) Trading Performance Indicators
Check out the current performance indicators for Lincoln National Corp. (LNC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.97, a number that is poised to hit 1.16 in the next quarter and is forecasted to reach 7.61 in one year’s time.
Technical Analysis of Lincoln National Corp. (LNC)
Looking closely at Lincoln National Corp. (NYSE: LNC), its last 5-days average volume was 1.62 million, which is a drop from its year-to-date volume of 1.92 million. As of the previous 9 days, the stock’s Stochastic %D was 3.86%. Additionally, its Average True Range was 0.94.
During the past 100 days, Lincoln National Corp.’s (LNC) raw stochastic average was set at 44.24%, which indicates a significant increase from 6.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.52% in the past 14 days, which was lower than the 35.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.16, while its 200-day Moving Average is $26.15. However, in the short run, Lincoln National Corp.’s stock first resistance to watch stands at $27.81. Second resistance stands at $28.33. The third major resistance level sits at $28.77. If the price goes on to break the first support level at $26.85, it is likely to go to the next support level at $26.41. Now, if the price goes above the second support level, the third support stands at $25.89.
Lincoln National Corp. (NYSE: LNC) Key Stats
There are currently 170,017K shares outstanding in the company with a market cap of 4.63 billion. Presently, the company’s annual sales total 11,645 M according to its annual income of -752,000 K. Last quarter, the company’s sales amounted to 699,000 K and its income totaled -1,235 M.
