With 1.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.34 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $32.725 whereas the lowest price it dropped to was $32.26. The 52-week range on LNC shows that it touched its highest point at $36.98 and its lowest point at $25.09 during that stretch. It currently has a 1-year price target of $35.75. With its current market cap of 5.57 billion, LNC has annualized dividend of $1.80 while the current yield stands at 5.51%. LNC paid its most recent dividend on 1736467200, while the ex-dividend date for that was 1736467200. Beta for the stock currently stands at 1.77.
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 4.08%, but this was down by -0.79% over a month. Three-month performance dropped to -2.77% while six-month performance fell -0.27%. The stock gained 20.58% in the past year, while it has gained 3.09% so far this year. A look at the trailing 12-month EPS for LNC yields 1.41 with Next year EPS estimates of 7.66. For the next quarter, that number is 1.77. This implies an EPS growth rate of 28.97% for this year and 13.76% for next year.
Float and Shares Shorts:
At present, 170.34 million LNC shares are outstanding with a float of 168.79 million shares on hand for trading. On 2024-12-31, short shares totaled 3.96 million, which was 231.99999999999997 higher than short shares on 1732838400. 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 0.75641 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 11 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LNC analysts setting a high price target of 43.0 and a low target of 28.0, the average target price over the next 12 months is 35.90909. Based on these targets, LNC could surge 31.54% to reach the target high and fall by -14.35% to reach the target low. Reaching the average price target will result in a growth of 9.85% from current levels.
Analysts have provided yearly estimates in a range of $6.65091 being high and $6.60341 being low. For LNC, this leads to a yearly average estimate of $6.62241. Based on analyst estimates, the high estimate for the next quarter is $1.81 and the low estimate is $1.24. The average estimate for the next quarter is thus $1.58.
