For its second fiscal quarter (ending June 30), Lincoln National Corp (NYSE: LNC) has reported E.P.S. of $5.18 compared to $2.95 a year ago. For the latest four quarters through June 30, E.P.S. were $9.63 compared to $-8.07 a year ago.
Recent Price Action
On 8/1/24, Lincoln National Corp (NYSE: LNC) stock enjoyed a large increase of 2.3%, closing at $34.05. Moreover, exceptionally high trading volume at 242% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.6% during the last week.
Current PriceTarget Research Rating
LNC is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Lincoln National has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lincoln National has a slightly positive Appreciation Score of 66 and a good Power Rating of 80, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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