Lincoln National Corporation [LNC] Revenue clocked in at $17.12 billion, down -19.40% YTD: What’s Next?

Lincoln National Corporation [NYSE: LNC] closed the trading session at $24.76 on 09/07/23. The day’s price range saw the stock hit a low of $24.60, while the highest price level was $25.6293. The company report on September 1, 2023 at 6:51 PM that Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600.

S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.

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Blackstone Inc. (NYSE:BX) and Airbnb Inc. (NASD:ABNB) will replace Lincoln National Corp. (NYSE:LNC) and Newell Brands Inc. (NASD:NWL) in the S&P 500 respectively, and Lincoln National and Newell Brands will replace UNIQURE N.V. (NASD:QURE) and Universal Insurance Holdings Inc. (NYSE:UVE) respectively in the S&P SmallCap 600.

The stocks have a year to date performance of -19.40 percent and weekly performance of -3.58 percent. The stock has been moved at -15.35 percent over the last six months. The stock has performed -10.22 percent around the most recent 30 days and changed 3.38 percent over the most recent 3-months.

If compared to the average trading volume of 2.36M shares, LNC reached to a volume of 3649986 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $26.08 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 3.10. 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.

Raymond James have made an estimate for Lincoln National Corporation shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 26, 2023.

The Average True Range (ATR) for Lincoln National Corporation is set at 0.81, with the Price to Sales ratio for LNC stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 22.69. Price to Free Cash Flow for LNC in the course of the last twelve months was 3.82.

LNC stock trade performance evaluation

Lincoln National Corporation [LNC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.58. With this latest performance, LNC shares dropped by -10.22% in over the last four-week period, additionally sinking by -15.35% over the last 6 months – not to mention a drop of -46.22% 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 39.03, with the RSI for the last a single of trading hit 34.97, and the three-weeks RSI is set at 42.74 for Lincoln National Corporation [LNC]. The present Moving Average for the last 50 days of trading for this stock 26.44, while it was recorded at 25.50 for the last single week of trading, and 27.17 for the last 200 days.

Lincoln National Corporation [LNC]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Lincoln National Corporation [LNC] shares currently have an operating margin of -10.52. Lincoln National Corporation’s Net Margin is presently recorded at -11.90.

Return on Total Capital for LNC is now -14.22, given the latest momentum, and Return on Invested Capital for the company is -12.05. Return on Equity for this stock declined to -18.27, with Return on Assets sitting at -0.65. When it comes to the capital structure of this company, Lincoln National Corporation [LNC] has a Total Debt to Total Equity ratio set at 161.11. Additionally, LNC Total Debt to Total Capital is recorded at 61.70, with Total Debt to Total Assets ending up at 2.08. Long-Term Debt to Equity for the company is recorded at 196.05, with the Long-Term Debt to Total Capital now at 57.03.

Reflecting on the efficiency of the workforce at the company, Lincoln National Corporation [LNC] managed to generate an average of -$196,801 per employee.

Earnings per share (EPS) analysis for Lincoln National Corporation [LNC] stock

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 7.90%.

Lincoln National Corporation [LNC]: Institutional Ownership

The top three institutional holders of LNC stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in LNC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in LNC stock with ownership which is approximately 5.7381%.

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