A new trading day began on Tuesday, with Lincoln National Corp (NYSE: LNC) stock price down -0.91% from the previous day of trading, before settling in for the closing price of $35.23. LNC’s price has ranged from $23.68 to $36.98 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -2.12%. Meanwhile, its annual earnings per share averaged 24.24%. With a float of $168.79 million, this company’s outstanding shares have now reached $170.34 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 111.25%, operating margin of 0.51%, and the pretax margin is 2.43%.
Lincoln National Corp (LNC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Life Industry. The insider ownership of Lincoln National Corp is 0.91%, while institutional ownership is 73.57%. The most recent insider transaction that took place on Nov 07 ’24, was worth 103,068. In this transaction EVP, President LFD of this company sold 2,863 shares at a rate of $36.00, taking the stock ownership to the 99,644 shares. Before that another transaction happened on Nov 07 ’24, when Company’s EVP, Ch Ppl Culture Comms Off sold 16,164 for $35.67, making the entire transaction worth $576,570. This insider now owns 203,577 shares in total.
Lincoln National Corp (LNC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 24.24% per share during the next fiscal year.
Lincoln National Corp (NYSE: LNC) Trading Performance Indicators
Here are Lincoln National Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 1.83 in the next quarter and is forecasted to reach 7.67 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 0.89 million was inferior to 1.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.65%. Additionally, its Average True Range was 0.88.
During the past 100 days, Lincoln National Corp’s (LNC) raw stochastic average was set at 77.57%, which indicates a significant increase from 42.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.67% in the past 14 days, which was lower than the 39.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.44, while its 200-day Moving Average is $30.98. Now, the first resistance to watch is $35.47. This is followed by the second major resistance level at $36.04. The third major resistance level sits at $36.48. If the price goes on to break the first support level at $34.46, it is likely to go to the next support level at $34.02. The third support level lies at $33.45 if the price breaches the second support level.
Lincoln National Corp (NYSE: LNC) Key Stats
With a market capitalization of 5.95 billion, the company has a total of 170,346K Shares Outstanding. Currently, annual sales are 11,645 M while annual income is -752,000 K. The company’s previous quarter sales were 4,111 M while its latest quarter income was -528,000 K.
