Lincoln National Corp (NYSE: LNC) on Friday, plunged -4.30% from the previous trading day, before settling in for the closing price of $31.41. Within the past 52 weeks, LNC’s price has moved between $25.09 and $36.98.
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During the last 5-year period, the sales drop of Financial Sector giant was -3.89%. The company achieved an average annual earnings per share of 27.30%. With a float of $168.79 million, this company’s outstanding shares have now reached $170.34 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Lincoln National Corp is 0.91%, while institutional ownership is 73.54%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 27.30% per share during the next fiscal year.
Lincoln National Corp (NYSE: LNC) Trading Performance Indicators
Lincoln National Corp (LNC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 1.79 in the next quarter and is forecasted to reach 7.67 in one year’s time.
Technical Analysis of Lincoln National Corp (LNC)
Looking closely at Lincoln National Corp (NYSE: LNC), its last 5-days average volume was 1.55 million, which is a jump from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 24.10%. Additionally, its Average True Range was 0.89.
During the past 100 days, Lincoln National Corp’s (LNC) raw stochastic average was set at 22.85%, which indicates a significant increase from 6.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.31% in the past 14 days, which was lower than the 34.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.54, while its 200-day Moving Average is $31.59. However, in the short run, Lincoln National Corp’s stock first resistance to watch stands at $30.31. Second resistance stands at $30.55. The third major resistance level sits at $30.77. If the price goes on to break the first support level at $29.85, it is likely to go to the next support level at $29.63. Should the price break the second support level, the third support level stands at $29.39.
Lincoln National Corp (NYSE: LNC) Key Stats
Market capitalization of the company is 5.12 billion based on 170,346K outstanding shares. Right now, sales total 11,645 M and income totals -752,000 K. The company made 4,111 M in profit during its latest quarter, and -528,000 K in sales during its previous quarter.
