Lincoln National Corporation (LNC) Earning Somewhat Favorable Press Coverage, Analysis Finds
News headlines about Lincoln National Corporation (NYSE:LNC) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lincoln National Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.4473148135151 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Lincoln National Corporation (LNC) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- July 2018 Options Now Available For Lincoln National (LNC) (nasdaq.com)
- Lincoln National Corporation (LNC) Given a $80.00 Price Target at Wells Fargo & Company (americanbankingnews.com)
- WealthTrust Fairport, LLC Buys Progressive Corp, iShares Floating Rate Bond, SPDR Select Sector … (nasdaq.com)
Several brokerages have recently commented on LNC. Barclays PLC raised their target price on Lincoln National Corporation from $84.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded Lincoln National Corporation from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research note on Tuesday, August 8th. BidaskClub upgraded Lincoln National Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Wells Fargo & Company reaffirmed a “hold” rating on shares of Lincoln National Corporation in a research report on Wednesday, August 2nd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $83.00 price target on shares of Lincoln National Corporation in a research report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $77.00.
Shares of Lincoln National Corporation (NYSE:LNC) traded down $0.45 during midday trading on Friday, reaching $73.14. 574,158 shares of the company traded hands, compared to its average volume of 1,481,567. Lincoln National Corporation has a twelve month low of $61.45 and a twelve month high of $77.46. The company has a market cap of $16,103.66, a PE ratio of 9.72, a price-to-earnings-growth ratio of 1.11 and a beta of 2.03. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.11 and a current ratio of 0.11.
Lincoln National Corporation (NYSE:LNC) last announced its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $2.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.84 by $0.19. Lincoln National Corporation had a net margin of 10.50% and a return on equity of 11.16%. The business had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.62 billion. During the same quarter last year, the firm earned $1.89 EPS. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. equities analysts predict that Lincoln National Corporation will post 7.65 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, January 10th will be given a $0.33 dividend. This is a boost from Lincoln National Corporation’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, January 9th. This represents a $1.32 annualized dividend and a yield of 1.80%. Lincoln National Corporation’s dividend payout ratio (DPR) is presently 18.15%.
About Lincoln National Corporation
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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