A new trading day began on Tuesday, with Lincoln National Corp (NYSE: LNC) stock price up 0.56% from the previous day of trading, before settling in for the closing price of $33.90. LNC’s price has ranged from $25.09 to $36.98 over the past 52 weeks.
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A company in the Financial sector has dropped its sales by -3.89% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 29.91%. With a float of $168.79 million, this company’s outstanding shares have now reached $170.34 million.
In an organization with 11024 employees, it is important to assess its efficiency. 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 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 74.46%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.91% 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 0.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.41, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 7.67 in one year’s time.
Technical Analysis of Lincoln National Corp (LNC)
Let’s dig in a bit further. During the last 5-days, its volume was 1.27 million. That was inferior than the volume of 1.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.23%. Additionally, its Average True Range was 0.87.
During the past 100 days, Lincoln National Corp’s (LNC) raw stochastic average was set at 67.78%, which indicates a significant decrease from 69.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.06% in the past 14 days, which was lower than the 35.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.19, while its 200-day Moving Average is $31.70. However, in the short run, Lincoln National Corp’s stock first resistance to watch stands at $35.39. Second resistance stands at $36.70. The third major resistance level sits at $37.47. If the price goes on to break the first support level at $33.31, it is likely to go to the next support level at $32.54. The third support level lies at $31.23 if the price breaches the second support level.
Lincoln National Corp (NYSE: LNC) Key Stats
With a market capitalization of 5.81 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.
