Lincoln National Corporation (NYSE:LNC) Relative Strength Index (RSI) is 62.59, with weekly volatility at 1.86% and ATR at 1.90. The LNC stock’s 52-week price range has touched low of $29.42 and a $71.37 high. Intraday shares traded counted 0.83 million, which was 40.94% higher than its 30-day average trading volume of 1.41M. Its shares traded higher over the last trading session, gaining 0.13% on 06/02/21. The shares fell to a low of $70.17 before closing at $70.93. LNC’s previous close was $70.84 while the outstanding shares total 191.78M. The firm has a beta of 2.24, a 12-month trailing P/E ratio of 21.72, and a growth ratio of 0.69.
Investors have identified the Insurance – Life company Lincoln National Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $13.51 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 10.65 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LNC sounds very interesting.
Is the stock of LNC attractive?
In related news, EVP & CIO, Cooper Ellen sold 68,341 shares of the company’s stock in a transaction that recorded on May 18. The sale was performed at an average price of 69.79, for a total value of 4,769,456. As the sale deal closes, the EVP & CFO, Freitag Randal J now sold 52,198 shares of the company’s stock, valued at 3,115,177. Also, CAO, Janofsky Christine A sold 7,413 shares of the company’s stock in a deal that was recorded on Feb 23. The shares were price at an average price of 56.25 per share, with a total market value of 416,981. Following this completion of acquisition, the President – LFGD, Fuller Wilford H. now holds 25,000 shares of the company’s stock, valued at 1,319,250. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
5 out of 14 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Lincoln National Corporation. 1 analysts has assigned a Sell rating on the LNC stock. The 12-month mean consensus price target for the company’s shares has been set at $69.33.