Lincoln National Corp (LNC) is ready for next Episode as it posted an annual sales of 11,645 M

Lincoln National Corp (NYSE: LNC) kicked off on Tuesday, down -2.55% from the previous trading day, before settling in for the closing price of $33.73. Over the past 52 weeks, LNC has traded in a range of $24.26-$36.98.

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Annual sales at Financial sector company slipped by -2.12% over the past five years. While this was happening, its average annual earnings per share was recorded 24.24%. With a float of $168.79 million, this company’s outstanding shares have now reached $170.34 million.

Let’s look at the performance matrix of the company that is accounted for 11024 employees. 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 Updates

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Lincoln National Corp is 0.91%, while institutional ownership is 73.52%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.55 per share during the current fiscal year.

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

Take a look at Lincoln National Corp’s (LNC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38.

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)

Lincoln National Corp (NYSE: LNC) saw its 5-day average volume 1.25 million, a negative change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 7.06%. Additionally, its Average True Range was 0.85.

During the past 100 days, Lincoln National Corp’s (LNC) raw stochastic average was set at 55.47%, which indicates a significant increase from 7.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.75% in the past 14 days, which was lower than the 39.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.73, while its 200-day Moving Average is $31.16. Nevertheless, the first resistance level for the watch stands at $33.47 in the near term. At $34.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.50. If the price goes on to break the first support level at $32.44, it is likely to go to the next support level at $32.00. Assuming the price breaks the second support level, the third support level stands at $31.41.

Lincoln National Corp (NYSE: LNC) Key Stats

The company with the Market Capitalisation of 5.60 billion has total of 170,346K Shares Outstanding. Its annual sales at the moment are 11,645 M in contrast with the sum of -752,000 K annual income. Company’s last quarter sales were recorded 4,111 M and last quarter income was -528,000 K.