Take off with Lincoln National Corp. (LNC): Get ready for trading

With 1.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.81 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $30.12 whereas the lowest price it dropped to was $29.56. The 52-week range on LNC shows that it touched its highest point at $32.43 and its lowest point at $18.94 during that stretch. It currently has a 1-year price target of $30.10. With its current market cap of 5.10 billion, LNC has annualized dividend of $1.80 while the current yield stands at 6.01%. LNC paid its most recent dividend on 1712620800, while the ex-dividend date for that was 1712620800. Beta for the stock currently stands at 1.82.

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 2.32%, but this was up by 9.78% over a month. Three-month performance surged to 10.02% while six-month performance rose 37.04%. The stock gained 53.06% in the past year, while it has gained 11.12% so far this year. A look at the trailing 12-month EPS for LNC yields 7.32 with Next year EPS estimates of 7.55. For the next quarter, that number is 1.83. This implies an EPS growth rate of 14.68% for this year and 26.15% for next year.

Float and Shares Shorts:

At present, 169.67 million LNC shares are outstanding with a float of 167.49 million shares on hand for trading. On 2024-04-30, short shares totaled 3.66 million, which was 215.0 higher than short shares on 1711584000. 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 0.74486 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.