With 2.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.22 million shares. The 52-week range on LNC shows that it touched its highest point at $39.85 and its lowest point at $27.58 during that stretch. It currently has a 1-year price target of $37.42. With its current market cap of 6.06 billion, LNC has annualized dividend of $1.80 while the current yield stands at 5.07%. Beta for the stock currently stands at 1.43.
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 7.61%, but this was up by 20.31% over a month. Three-month performance dropped to -7.53% while six-month performance rose 0.65%. The stock gained 21.33% in the past year, while it has gained 11.92% so far this year. A look at the trailing 12-month EPS for LNC yields 7.03 with Next year EPS estimates of 7.66. For the next quarter, that number is 1.97. This implies an EPS growth rate of 1.83% for this year and 6.37% for next year. EPS is expected to grow by 6.94% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.25%.
Float and Shares Shorts:
At present, 170.70 million LNC shares are outstanding with a float of 168.65 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.79523 being high and $6.74648 being low. For LNC, this leads to a yearly average estimate of $6.77573.
