Headlines about Lincoln National Corporation (NYSE:LNC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lincoln National Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.8239441887345 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- Lincoln National Corporation (LNC) Announces $0.29 Quarterly Dividend (americanbankingnews.com)
- Lincoln National Corporation (LNC) Stake Increased by Norges Bank (highlightpress.com)
- Lincoln Financial Group Names Molly Garrett Senior Vice President and Head of Retirement Plan Services Operations (finance.yahoo.com)
- Voya Financial (VOYA) vs. Lincoln National Corporation (NYSE:LNC) Head-To-Head Contrast (americanbankingnews.com)
- Crocs, Inc. (CROX) registers a price change of 0.63% while Lincoln National Corporation (LNC) finishes with a flow … – Stocks Gallery (stocksgallery.com)
Shares of Lincoln National Corporation (LNC) traded down 2.69% on Thursday, hitting $71.76. The stock had a trading volume of 1,312,740 shares. The firm has a 50 day moving average price of $70.60 and a 200 day moving average price of $68.16. The company has a market capitalization of $15.89 billion, a P/E ratio of 10.93 and a beta of 1.99. Lincoln National Corporation has a one year low of $44.68 and a one year high of $75.78.
Lincoln National Corporation (NYSE:LNC) last released its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.85 EPS for the quarter, beating the Zacks’ consensus estimate of $1.73 by $0.12. Lincoln National Corporation had a net margin of 10.85% and a return on equity of 10.99%. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.56 billion. During the same quarter in the prior year, the company earned $1.56 EPS. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. On average, equities research analysts predict that Lincoln National Corporation will post $7.45 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Tuesday, October 10th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.62%. Lincoln National Corporation’s dividend payout ratio is currently 17.79%.
LNC has been the topic of a number of recent research reports. BidaskClub upgraded Lincoln National Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Keefe, Bruyette & Woods restated a “hold” rating on shares of Lincoln National Corporation in a report on Monday, June 26th. Wells Fargo & Company restated a “hold” rating on shares of Lincoln National Corporation in a report on Wednesday, August 2nd. Zacks Investment Research upgraded Lincoln National Corporation from a “hold” rating to a “buy” rating and set a $75.00 target price on the stock in a report on Monday, June 5th. Finally, Royal Bank Of Canada lifted their target price on Lincoln National Corporation from $77.00 to $83.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $73.40.
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In related news, Director Isaiah Tidwell sold 13,946 shares of the company’s stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $65.04, for a total value of $907,047.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.41% of the stock is owned by corporate insiders.
Lincoln National Corporation Company Profile
Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. The Company operates through four segments: Annuities segment, which offers fixed (including indexed) and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan products and services; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.
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