On Monday, Lincoln National Corp. (NYSE: LNC) opened lower -2.00% from the last session, before settling in for the closing price of $33.49. Price fluctuations for LNC have ranged from $20.85 to $36.46 over the past 52 weeks.
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%. Company’s average yearly earnings per share was noted 8.68% at the time writing. With a float of $168.09 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. In terms of profitability, gross margin is 73.84%, operating margin of 12.75%, and the pretax margin is 15.23%.
Lincoln National Corp. (LNC) Insider Updates
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 1.24%, while institutional ownership is 74.64%. The most recent insider transaction that took place on Aug 14 ’24, was worth 322,984. Before that another transaction happened on Aug 06 ’24, when Company’s Officer proposed sale 10,174 for $29.27, making the entire transaction worth $297,843.
Lincoln National Corp. (LNC) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.23 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.77) by -1.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.68% 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 the past quarter, the stock posted a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.49, a number that is poised to hit 1.61 in the next quarter and is forecasted to reach 7.59 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 1.28 million was inferior to 1.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.26%. Additionally, its Average True Range was 0.81.
During the past 100 days, Lincoln National Corp.’s (LNC) raw stochastic average was set at 58.21%, which indicates a significant decrease from 66.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.65% in the past 14 days, which was lower than the 33.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.20, while its 200-day Moving Average is $29.94. Now, the first resistance to watch is $33.30. This is followed by the second major resistance level at $33.77. The third major resistance level sits at $34.02. If the price goes on to break the first support level at $32.58, it is likely to go to the next support level at $32.33. Assuming the price breaks the second support level, the third support level stands at $31.86.
Lincoln National Corp. (NYSE: LNC) Key Stats
There are currently 170,027K shares outstanding in the company with a market cap of 5.59 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 5,153 M and its income totaled 895,000 K.
