Press coverage about Lincoln National (NYSE:LNC) has trended somewhat positive on Saturday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lincoln National earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.6613235176408 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
A number of research firms recently issued reports on LNC. ValuEngine downgraded shares of Lincoln National from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Royal Bank of Canada reaffirmed a “buy” rating and set a $83.00 price target on shares of Lincoln National in a report on Tuesday, October 10th. Goldman Sachs Group started coverage on shares of Lincoln National in a report on Wednesday, October 18th. They set a “sell” rating and a $71.00 price target on the stock. B. Riley reaffirmed a “neutral” rating on shares of Lincoln National in a report on Monday, November 6th. Finally, Zacks Investment Research cut shares of Lincoln National from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $83.27.
Shares of Lincoln National (LNC) opened at $83.04 on Friday. Lincoln National has a 1 year low of $61.45 and a 1 year high of $86.68. The firm has a market cap of $18,799.63, a price-to-earnings ratio of 8.99, a P/E/G ratio of 1.16 and a beta of 1.96. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.10 and a quick ratio of 0.11.
Lincoln National (NYSE:LNC) last posted its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.94 by $0.04. Lincoln National had a net margin of 14.48% and a return on equity of 10.86%. The business had revenue of $3.78 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. analysts forecast that Lincoln National will post 8.54 EPS for the current fiscal year.
Lincoln National declared that its board has authorized a share buyback plan on Friday, January 19th that permits the company to buyback outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
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About Lincoln National
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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