Lincoln National Corp (NYSE: LNC) has reported a loss for its third fiscal quarter (ending September 30) of $-3.29 versus $4.82 for the same period a year ago — a decline of -168%. For the latest four quarters through September 30, E.P.S. were $1.50 versus $7.23 for the same period a year ago — a decline of -79%.
Recent Price Action
Lincoln National Corp (NYSE: LNC) stock closed at $34.75 on 10/31/24 after a large increase of 3.5%. Moreover, trading volume in this advance was unusually high at 174% of normal. The stock has risen 6.6% during the last week and has been strong relative to the market over the last nine months.
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 B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lincoln National has a slightly positive Appreciation Score of 64 and a good Power Rating of 78, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment