While Lincoln National Corp. has underperformed by -1.02%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LNC rose by 37.49%, with highs and lows ranging from $32.43 to $18.50, whereas the simple moving average jumped by 11.19% in the last 200 days.
On February 12, 2024, Jefferies Upgraded Lincoln National Corp. (NYSE: LNC) to Hold. A report published by JP Morgan on January 03, 2024, Downgraded its rating to ‘Underweight’ for LNC. Barclays January 09, 2023d the rating to Underweight on January 09, 2023, and set its price target from $35 to $29. JP Morgan January 06, 2023d its ‘Overweight’ rating to ‘Neutral’ for LNC, as published in its report on January 06, 2023. Goldman’s report from November 16, 2022 suggests a price prediction of $46 for LNC shares, giving the stock a ‘Buy’ rating. Credit Suisse also rated the stock as ‘Neutral’.
Analysis of Lincoln National Corp. (LNC)
Investors in Lincoln National Corp. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.80 per share. Further, the quarter-over-quarter decrease in sales is -94.92%, showing a negative trend in the upcoming months.
One of the most important indicators of Lincoln National Corp.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -13.70% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and LNC is recording 1.88M average volume. On a monthly basis, the volatility of the stock is set at 2.99%, whereas on a weekly basis, it is put at 2.51%, with a loss of -5.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $30.45, showing growth from the present price of $29.01, which can serve as yet another indication of whether LNC is worth investing in or should be passed over.
How Do You Analyze Lincoln National Corp. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.49%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 73.58% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LNC shares are owned by institutional investors to the tune of 73.58% at present.
