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Tuesday, March 21, 2023

Analysts Point To Lincoln National Corporation (NYSE: LNC) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Lincoln National Corporation (LNC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.23%, to $30.75. The Lincoln National Corporation has recorded 324,050 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Lincoln National Corporation’s Board of Directors Declares Quarterly Cash Dividend.

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Stocks Info

As a NYSE listed company, LNC falls under the Financial sector while operating within the Insurance – Life industry segment. At the end of the last regular session, the stock closed at $30.68 and fluctuated between $31.09 as its day high and $30.10 as its day low. The current market capitalization of Lincoln National Corporation is $5.23B. A total of 3.84 million shares were traded on the day, compared to an average of 3.36M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, LNC has seen 7 BUY and 1 SELL insider trades, representing the acquisition of 20,552 and the disposition of 1,500 shares. Over the last 12 months, there were 14 BUYs and 3 SELLs from insiders. Insiders purchased 138,833 shares during that period but sold 52,362.

In the most recent transaction, Kennedy John Christopher sold 1,500 shares of LNC for 30.79 per share on Dec 15. After the transaction, the EVP, President LFD now owns 20,336 company shares. In a previous transaction on Nov 18, Connelly Deirdre P bought 3,000 shares at 37.41 per share. LNC shares that Director owns now total 4,000.

Among the insiders who sold shares, GLASS DENNIS R disposed of 50,000 shares on May 31 at a per-share price of $58.13. This resulted in the Director holding 558,622 shares of LNC after the transaction.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. LNC’s most recent ex-dividend date was 4/6/2023 when it declared a $0.45 quarterly dividend that was paid in cash on 5/1/2023. Previously, the company paid the dividend on 2/1/2023 with an ex-dividend date of 1/9/2023. The LNC stock dividend was $0.45 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for LNC in the last 3 months, the mean price target is $33.93 with high estimates of $39.00 and low estimates of $25.00. In terms of 52-week highs and lows, LNC has a high of $69.91 and a low of $28.61.

As of this writing, LNC has an earnings estimate of $1.99 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.35 per share and a lower estimate of $1.42. The company reported an EPS of -$10.23 in the last quarter, which was -671.50% lower than expectations of $1.79.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 17 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LNC is Underweight with a score of 2.91. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 13 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 3 thought it should be Sold.

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