Lincoln National Corporation (LNC): Check-out its Performance


Lincoln National Corporation (NYSE:LNC) changes shares on Friday trading session, with a change of 5.85% or $2.25 shares. The trading starts at $41.49 and closed at $38.43 throughout the day. The trading session low price was $38.83 and day high was $41.49 on Friday, June 12. After the session, the Financial sector daily volume shifted to 1.74 million while its average volume is 2.97M. In other hand, the LNC market cap reached to $7.43B. While, its current target price is $40.68 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -13.94% and up 32.34% for month. Its quarterly performance was 40.96% above, while its half year performance is down -29.51%. LNC yearly performance stood at negative -35.87% and fall -31.06% for year-to-date. Current recommendation for Lincoln National Corporation is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. LNC EPS (TTM) for 12-month is 3.33. EPS for this year is -41.80%, while for the next year its value is 9.52. Sales growth for the current quarter is 1.24 while its EPS Q/Q reached -78.50%. It has an EPS of -5.30% down for past five years and for the next five years will be up 9.88%.

Let’s take a look on the analyst recommendations on LNC for the current month and previous month. For the current month, 7 of 13 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 12 analysts participate in stock recommendation. Out of 12, 0 rated it sell, 6 rated it as Buy and 6 as Hold Ratings. On the other hand, target price ranges from $33.00-$76.00. Average target price for LNC was reached at $44.08.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in Lincoln National Corporation (LNC) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 22.88 million shares which valued 602.33 million. On Mar 30, 2020, Blackrock Inc. owned 15.03 million shares which valued at 395.52 million. On Mar 30, 2020, State Street Corporation has a total of 9.08 million shares which valued at 239.03 million. In the end, State Street Corporation have 4.70% shares outstanding of Lincoln National Corporation (LNC) on Mar 30, 2020. The insider ownership moved to 0.80% and institutional holding shifted to 82.30%.

The company posted an EPS (TTM) of 3.33. According to the most recent quarter report on (Jun 2020), 13 analysts estimated an average EPS of 1.66, while 2.36 EPS posted a year ago period. Analyst Estimated EPS for LNC published in the report was 1-2.11 during the same period. Comparing with last year, the average estimated EPS was 2.36 which is higher than 2.24 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for LNC fall -17.09% for period of 200 days. SMA for 50 days was 18.65% which is showing green signal, while SMA-20 was 3.04%. The moving average value for Lincoln National Corporation (LNC) is 44.39 and 37.24 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in LNC stock. On May 19, LACHMAN M LEANNE, Director, bought 3,000 trading shares at the cost of $35.96, which valued at 0.11 million. On Mar 13, Buckingham Lisa, EVP, Ch Pple Place Brand Off, bought 2,000 shares at the cost of $26.82, with total shares of 76,333. On Mar 12, Solon Kenneth S., EVP & Chief Information Ofc., bought 4,000 shares at the cost of 24.33. After this transaction, Solon Kenneth S. total shares reached to 46,031 which valued at 97320.0.