Insiders Have Traded Lincoln National Corporation (LNC) Stock In What Way?

The stock of Lincoln National Corporation (NYSE:LNC) increased by increased by $0.99 on Friday to finish at $75.72, up 1.32 percent. The last five days have seen an average of 1,274,520 shares of common stock traded. 27 times new highs were reached in the current year, with a gain of $25.41. The average number of shares traded over the last 20 days was 1,141,150, while the average volume over the last 50 days totaled 1,183,736.

LNC stock appreciated 12.28% since last month. On 09/23/21, the company’s shares reached a one-month low of $65.33. The stock touched a high of $76.29 on 10/21/21, after rallying from a low of $31.95 in 52 weeks. The price of LNC stock has risen by 50.51% or $25.41 this year, reaching a new high 27 times. Still, the stock price is down -0.75% from the 52-week high.


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Insider Transactions

There have been 5 days since Lincoln National Corporation (LNC) last reported insider trading activity on Oct 20. On Oct 20, President & CEO GLASS DENNIS R sold 150,000 shares at $75.08 each. This transaction resulted in the insider making $11,262,000. On Sep 27, GLASS DENNIS R sold 150,000 shares at a price of US$72.05. After the transaction, the insider now owns 790,883 shares. EVP & Chief Information Ofc. Solon Kenneth S. had earlier sold 18,890 shares on Aug 06 for $67.47 a share. The transaction was completed for $1,274,508.

Valuation Metrics

Lincoln National Corporation (LNC) has a trailing price-to-earnings (P/E) ratio of 10.68. This level actually compares unfavorably with the industry at large, as the PE for the Insurance – Life industry stands at about 7.51. Further, its PE also compares favorably with the Financial sector’s trailing 12 months PE ratio, which comes in at 13.15 right now. The PE ratio of Lincoln National Corporation has varied between 40.62 and 3.94 in the last five years. Beta for the stock is 2.17. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.74, the price-to-book (PB) ratio of 0.66.

Lincoln National Corporation’s dividend is $1.68 per share per year. With a dividend yield of 2.22%, LNC has a payout ratio of 22.30%. Company paid $0.42 per share in dividends, remained unchanged from $0.42 last year. A $0.02 dividend increase was reported on Wednesday November 4 2020, making it the 11 consecutive year the dividend has increased. Over the last three years, dividends have increased by 37.93%.

The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.29, and the total debt to equity ratio is 0.31. Lincoln National Corporation’s operating margin stood at 10.20% for the same period.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LNC’s return on assets (ROA) during the last 12 months has been 0.40%. There was a 2.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 6.60%. ROE has averaged 11.41 in the past year for the broader industry.

Earnings Surprise

According to Lincoln National Corporation’s quarterly financial report for the quarter that ended June 29. Net income for the quarter came in at $4.85 billion, while revenues rose by 27.5% to $4.53 billion. It was predicted that Lincoln National Corporation’s quarterly earnings would be $3.17, but it ended up being $2.42, beating the consensus by 31.00%. At the end of Lincoln National Corporation’s most recent quarter ended June 29, its total debt was $7.47 billion. Equity owned by shareholders amounts to $187.92 million.

Technical Picture

Here’s a quick look at Lincoln National Corporation’s (LNC) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 68.68%, suggesting the stock is Neutral, with a 23.93% historical volatility rate.

The stochastic %K and %D were 89.05% and 87.67% respectively, while the average true range (ATR) was 1.97. Based on the 14-day stochastic reading of 91.87%, the RSI (14) reading is 65.47%. On the 9-day MACD Oscillator, the stock is at 1.88, and the 14-day reading is at 2.36.

Analyst Ratings

In its analyst report released on April 21, 2021, UBS began covering Lincoln National Corporation (NYSE: LNC). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Lincoln National Corporation (LNC) an Overweight rating. LNC is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 5 others recommend it as a buy.

What is LNC’s price target for the next 12 months?

The current consensus forecast for the stock is between $45.00 and $89.00, with a median target price of $73.00. In analyzing these forecasts, the average price target given by analysts for Lincoln National Corporation (LNC) is $74.91.

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