On Friday, Lincoln National Corp. (NYSE: LNC) was 1.54% up from the session before settling in for the closing price of $27.23. A 52-week range for LNC has been $18.50 – $32.43.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales slided by -2.12%. When this article was written, the company’s average yearly earnings per share was at 24.80%. With a float of $167.14 million, this company’s outstanding shares have now reached $169.67 million.
The extent of productivity of a business whose workforce counts for 11024 workers is very important to gauge.
Lincoln National Corp. (LNC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lincoln National Corp. stocks. The insider ownership of Lincoln National Corp. is 1.49%, while institutional ownership is 73.74%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 152.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.80% per share during the next fiscal year.
Lincoln National Corp. (NYSE: LNC) Trading Performance Indicators
You can see what Lincoln National Corp. (LNC) is doing with its current performance indicators. 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 1.12 in the next quarter and is forecasted to reach 7.63 in one year’s time.
Technical Analysis of Lincoln National Corp. (LNC)
The latest stats from [Lincoln National Corp., LNC] show that its last 5-days average volume of 1.66 million was inferior to 1.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.77%. Additionally, its Average True Range was 0.89.
During the past 100 days, Lincoln National Corp.’s (LNC) raw stochastic average was set at 47.06%, which indicates a significant increase from 15.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.49% in the past 14 days, which was lower than the 35.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.18, while its 200-day Moving Average is $26.17. Now, the first resistance to watch is $27.98. This is followed by the second major resistance level at $28.31. The third major resistance level sits at $28.71. If the price goes on to break the first support level at $27.24, it is likely to go to the next support level at $26.84. Assuming the price breaks the second support level, the third support level stands at $26.51.
Lincoln National Corp. (NYSE: LNC) Key Stats
There are 170,017K outstanding shares of the company, which has a market capitalization of 4.69 billion. As of now, sales total 11,645 M while income totals -752,000 K. Its latest quarter income was 699,000 K while its last quarter net income were -1,235 M.
