With 1.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.36 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $35.617 whereas the lowest price it dropped to was $35.09. 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 $35.92. With its current market cap of 6.02 billion, LNC has annualized dividend of $1.80 while the current yield stands at 5.09%. LNC paid its most recent dividend on 1736467200, while the ex-dividend date for that was 1736467200. Beta for the stock currently stands at 1.78.
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 5.58%, but this was up by 11.09% over a month. Three-month performance surged to 8.27% while six-month performance rose 5.30%. The stock gained 24.73% in the past year, while it has gained 11.51% so far this year. A look at the trailing 12-month EPS for LNC yields 1.41 with Next year EPS estimates of 7.67. For the next quarter, that number is 1.76. This implies an EPS growth rate of 29.91% for this year and 13.06% 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 2025-01-15, short shares totaled 3.63 million, which was 213.00000999999997 higher than short shares on 1734048000. 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 0.75666 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 36.09091. Based on these targets, LNC could surge 21.61% to reach the target high and fall by -20.81% to reach the target low. Reaching the average price target will result in a growth of 2.07% from current levels.
Analysts have provided yearly estimates in a range of $6.81072 being high and $6.76207 being low. For LNC, this leads to a yearly average estimate of $6.78153. Based on analyst estimates, the high estimate for the next quarter is $1.81 and the low estimate is $1.47. The average estimate for the next quarter is thus $1.63.
