Lincoln International Inc. (NYSE:LCLN) Short Interest Update

Lincoln International Inc. (NYSE:LCLN) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 589,039 shares, an increase of 51.6% from the July 15th total of 388,594 shares. Based on an average daily trading volume, of 286,661 shares, the days-to-cover ratio is currently 2.1 days.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings initiated coverage on shares of Lincoln International in a research report on Monday. They set a “sell (e)” rating for the company. Keefe, Bruyette & Woods boosted their price objective on shares of Lincoln International from $24.00 to $25.00 and gave the company a “market perform” rating in a research report on Monday, August 10th. BMO Capital Markets initiated coverage on shares of Lincoln International in a research note on Monday, June 15th. They issued a “market perform” rating and a $26.00 target price for the company. Citizens Jmp initiated coverage on Lincoln International in a report on Monday, June 15th. They set a “market outperform” rating and a $30.00 target price for the company. Finally, Zacks Research raised Lincoln International to a “hold” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $27.36.

Lincoln International Price Performance

Lincoln International stock opened at $24.22 on Thursday. The business’s 50-day simple moving average is $23.19. Lincoln International has a one year low of $20.05 and a one year high of $26.00.

Lincoln International (NYSE:LCLN) last released its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $225.69 million during the quarter. On average, sell-side analysts expect that Lincoln International will post 1.4 earnings per share for the current fiscal year.

Lincoln International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st.

Lincoln International Company Profile

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.