Lincoln National Corporation (NYSE:LNC) stock went on a downward path that fall over -1.65% on Wednesday, amounting to a one-week price decrease of more than -1.32%. Over the last 12 months, LNC stock rose by 4.35%. The one-year LNC stock forecast points to a potential downside of -0.21, with the average price target set at $70.71 per share. The average equity rating for LNC stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for LNC stock reached $11.66 billion, with 200.28 million shares outstanding and 197.12 million shares in the current float. Compared to the average trading volume of 1.51M shares, LNC reached a trading volume of 1243882 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lincoln National Corporation (LNC):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LNC shares is $70.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LNC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Lincoln National Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 07, 2020. While these analysts kept the previous recommendation, Goldman raised their target price from $65 to $77. The new note on the price target was released on June 25, 2019, representing the official price target for Lincoln National Corporation stock. Previously, the target price had yet another raise to $63, while Wells Fargo analysts kept a Market Perform rating on LNC stock.
The Average True Range (ATR) for Lincoln National Corporation is set at 1.06, with the Price to Sales ratio for LNC stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 14.67.
LNC Stock Performance Analysis:
Lincoln National Corporation (LNC) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.32. With this latest performance, LNC shares dropped by -2.49% in over the last four-week period, additionally sinking by -11.22% over the last 6 months – not to mention a rise of 4.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LNC stock in for the last two-week period is set at 45.25, with the RSI for the last a single of trading hit 42.92, and the three-weeks RSI is set at 47.14 for Lincoln National Corporation (LNC). The present Moving Average for the last 50 days of trading for this stock 58.97, while it was recorded at 59.03 for the last single week of trading, and 60.73 for the last 200 days.
Insight into Lincoln National Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Lincoln National Corporation (LNC) shares currently have an operating margin of +12.71. Lincoln National Corporation’s Net Margin is presently recorded at +10.13.
Return on Total Capital for LNC is now 9.60, given the latest momentum, and Return on Invested Capital for the company is 7.74. Return on Equity for this stock inclined to 10.36, with Return on Assets sitting at 0.56. When it comes to the capital structure of this company, Lincoln National Corporation (LNC) has a Total Debt to Total Equity ratio set at 40.69. Additionally, LNC Total Debt to Total Capital is recorded at 28.92, with Total Debt to Total Assets ending up at 1.95. Long-Term Debt to Equity for the company is recorded at 40.69, with the Long-Term Debt to Total Capital now at 28.92.
Reflecting on the efficiency of the workforce at the company, Lincoln National Corporation (LNC) managed to generate an average of $148,722 per employee. Total Asset Turnover recorded at a value of 0.06.
LNC Stock EPS
With the latest financial reports released by the company, Lincoln National Corporation posted 2.15/share EPS, while the average EPS was predicted by analysts to be reported at 2.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LNC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lincoln National Corporation go to 9.91%.
Lincoln National Corporation (LNC) Insider Position Details
There are presently around $9,656 million, or 84.60% of LNC stock, in the hands of institutional investors. The top three institutional holders of LNC stocks are: VANGUARD GROUP INC with ownership of 22,876,883, which is approximately 0.843% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 15,525,015 shares of the stock with an approximate value of $919.39 million in LNC stocks shares; and STATE STREET CORP, currently with $553.33 million in LNC stock with ownership of nearly -2.582% of the company’s market capitalization.
Positions in Lincoln National Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 256 institutional holders increased their position in Lincoln National Corporation (NYSE:LNC) by around 11,453,364 shares. Additionally, 325 investors decreased positions by around 14,093,753 shares, while 128 investors held positions by with 137,500,364 shares. The mentioned changes placed institutional holdings at 163,047,481 shares, according to the latest SEC report filing. LNC stock had 52 new institutional investments in for a total of 1,993,686 shares, while 87 institutional investors sold positions of 1,706,350 shares during the same period.