With 1.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.44 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $31.44 whereas the lowest price it dropped to was $30.795. The 52-week range on LNC shows that it touched its highest point at $36.46 and its lowest point at $20.85 during that stretch. It currently has a 1-year price target of $33.42. With its current market cap of 5.25 billion, LNC has annualized dividend of $1.80 while the current yield stands at 5.84%. Beta for the stock currently stands at 1.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNC was up-trending over the past week, with a rise of 1.68%, but this was down by -3.99% over a month. Three-month performance dropped to -1.94% while six-month performance rose 1.25%. The stock gained 23.87% in the past year, while it has gained 14.31% so far this year. A look at the trailing 12-month EPS for LNC yields 9.49 with Next year EPS estimates of 7.50. For the next quarter, that number is 1.67. This implies an EPS growth rate of 9.53% for this year and 31.25% for next year.
Float and Shares Shorts:
At present, 169.67 million LNC shares are outstanding with a float of 168.09 million shares on hand for trading. On 2024-08-30, short shares totaled 3.4 million, which was 200.0 higher than short shares on 1722384000. In addition to Ms. Ellen R. Gail Cooper C.F.A., F.S.A. as the firm’s Chairman, President & CEO, Mr. Christopher Michael Neczypor serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.7583 of LNC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
