On Friday, Lincoln National Corp (NYSE: LNC) opened higher 0.98% from the last session, before settling in for the closing price of $30.70. Price fluctuations for LNC have ranged from $25.09 to $36.98 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -2.12% over the past five years. Company’s average yearly earnings per share was noted 27.84% at the time writing. 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 106.47%, operating margin of 0.51%, and the pretax margin is 2.43%.
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 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 1.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.84% 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 0.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 1.82 in the next quarter and is forecasted to reach 7.70 in one year’s time.
Technical Analysis of Lincoln National Corp (LNC)
Lincoln National Corp (NYSE: LNC) saw its 5-day average volume 1.87 million, a positive change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 10.12%. Additionally, its Average True Range was 0.96.
During the past 100 days, Lincoln National Corp’s (LNC) raw stochastic average was set at 35.21%, which indicates a significant increase from 16.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.14% in the past 14 days, which was lower than the 40.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.86, while its 200-day Moving Average is $31.36. Nevertheless, the first resistance level for the watch stands at $31.76 in the near term. At $32.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.34. If the price goes on to break the first support level at $30.18, it is likely to go to the next support level at $29.35. Assuming the price breaks the second support level, the third support level stands at $28.60.
Lincoln National Corp (NYSE: LNC) Key Stats
There are currently 170,346K shares outstanding in the company with a market cap of 5.33 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 4,111 M and its income totaled -528,000 K.
