News coverage about Lincoln National Corporation (NYSE:LNC) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lincoln National Corporation earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.637213559371 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Lincoln Financial Group Elects Lynn M. Utter to Serve on Board of Directors – Business Wire (press release) (businesswire.com)
- Lincoln Financial Group to Webcast Conference for Analysts, Investors and Bankers – Business Wire (press release) (businesswire.com)
- Study from Lincoln Financial Finds Nearly Half of Employed Americans Never Feel Confident about Benefit Choices (finance.yahoo.com)
Several equities analysts recently commented on LNC shares. BidaskClub downgraded shares of Lincoln National Corporation from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 12th. Zacks Investment Research downgraded shares of Lincoln National Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Morgan Stanley upped their target price on shares of Lincoln National Corporation from $77.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd. Wells Fargo & Company restated a “hold” rating on shares of Lincoln National Corporation in a research note on Wednesday, August 2nd. Finally, Citigroup Inc. restated a “buy” rating and issued a $83.00 target price (up from $82.00) on shares of Lincoln National Corporation in a research note on Thursday, September 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Lincoln National Corporation currently has an average rating of “Hold” and an average price target of $76.70.
Shares of Lincoln National Corporation (NYSE LNC) opened at $73.44 on Wednesday. Lincoln National Corporation has a 52-week low of $60.31 and a 52-week high of $77.46. The firm has a market cap of $16,171.49, a P/E ratio of 9.76, a PEG ratio of 1.12 and a beta of 2.03. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.11 and a quick 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, topping the 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 firm had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.62 billion. During the same quarter in the prior year, the company earned $1.89 EPS. The company’s revenue was down .4% compared to the same quarter last year. research analysts expect that Lincoln National Corporation will post 7.65 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 10th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, January 9th. This is a boost from Lincoln National Corporation’s previous quarterly dividend of $0.29. Lincoln National Corporation’s dividend payout ratio is presently 18.15%.
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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