Saturday, February 11, 2017

Dividend Stock Buzz: Lincoln National Corporation (LNC)

Lincoln National Corporation (NYSE:LNC) share price jumped at US$ 70.2 before falling back to end the trade at US$ 70.05 a share. The dividend stock is -0.45% off a 52-week high stock price of US$ 70.37 but is up 135.81% since hitting the US$ 31.5. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 13.94.

After a 2.47% rise from previous close of US$ 68.36, Lincoln National Corporation (LNC) has a US$ 15.95 Billion market cap. The company pays a US$ 0.29-cent-per-share quarterly dividend, giving it a 1.66% yield. That brings its full year payout to US$ 1.16 and 20.4% annual payout ratio based on EPS.

The LNC has soared 6.16% year-to-date. The equity has gained steam in recent weeks, with shares up about 33.6% in the past three months. It added 2.22%, climbed 4.3% and jumped 56.71% in the week, one month and six months, respectively. Revenue growth rate was recorded at 4.3% and net income per share was seen moving at a 47.2% rate in the past five years.

Lincoln National Corporation (NYSE:LNC) is over 2% above analysts’ consensus price target of US$ 72.92. The stock has blown through analysts’ low price target of US$ 64, but is still below the high US$ 78 target. On a price appreciation basis over the past 12 months, the stock returned 109.05%.

The most recent short interest data show 2.25% of the company’s stock are short sold. It would take about 3.06 days to cover all short positions. In terms of volatility, it has a beta coefficient of 2.05 and technical analysis volatility indicator called Average True Range or ATR around 1.65.

Lincoln National Corporation (NYSE:LNC) closed 36.82% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 4.57% above another chart threshold, its 50-day moving average and 3.03% above its 20-day simple moving average.

Dividend Stock Buzz: Lincoln National Corporation (LNC)

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