Lincoln National (LNC) Receiving Somewhat Positive Press Coverage, Analysis Finds
Press coverage about Lincoln National (NYSE:LNC) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to 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 gave media coverage about the financial services provider an impact score of 45.7005596647923 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Lincoln Financial Group Signs Agreement to Acquire Liberty Life Assurance Company of Boston (finance.yahoo.com)
- First Penn-Pacific Life Insurance Company — Moody’s affirms Lincoln National’s ratings following group benefits acquisition (finance.yahoo.com)
- A.M. Best Comments on Credit Ratings of Lincoln National Corporation and Its Subsidiaries Following Announced Transaction (finance.yahoo.com)
- Lincoln Financial To Buy Liberty Life Assurance Co. Of Boston For $3.3 Bln (markets.businessinsider.com)
- Form 8-K LINCOLN NATIONAL CORP For: Jan 18 (streetinsider.com)
Shares of Lincoln National (NYSE LNC) traded up $0.11 during mid-day trading on Friday, hitting $83.17. The stock had a trading volume of 1,699,762 shares, compared to its average volume of 1,355,885. The firm has a market capitalization of $18,100.00, a P/E ratio of 12.98, a PEG ratio of 1.11 and a beta of 2.01. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.11 and a current ratio of 0.11. Lincoln National has a 1-year low of $61.45 and a 1-year high of $85.20.
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 dividend of $0.33 per share. The ex-dividend date is Tuesday, January 9th. This is an increase from Lincoln National’s previous quarterly dividend of $0.29. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.59%. Lincoln National’s dividend payout ratio is presently 20.59%.
A number of equities analysts recently commented on LNC shares. Zacks Investment Research downgraded shares of Lincoln National from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Morgan Stanley boosted their price objective on shares of Lincoln National from $77.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd. Deutsche Bank started coverage on shares of Lincoln National in a research note on Tuesday, January 2nd. They issued a “buy” rating and a $84.00 price objective for the company. Royal Bank of Canada reissued a “buy” rating and issued a $86.00 price objective on shares of Lincoln National in a research note on Friday, December 8th. Finally, B. Riley reissued a “neutral” rating on shares of Lincoln National in a research note on Monday, November 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $83.27.
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.
Receive News & Ratings for Lincoln National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln National and related companies with MarketBeat.com's FREE daily email newsletter.