Lincoln International Inc. (NYSE:LCLN) Sees Significant Increase in Short Interest

Lincoln International Inc. (NYSE:LCLN) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 589,039 shares, a growth of 51.6% from the July 15th total of 388,594 shares. Based on an average daily volume of 286,661 shares, the days-to-cover ratio is currently 2.1 days.

Lincoln International Trading Up 0.4%

Shares of Lincoln International stock opened at $24.07 on Wednesday. The company’s 50 day moving average is $23.18. Lincoln International has a 12-month low of $20.05 and a 12-month high of $26.00.

Lincoln International (NYSE:LCLN) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.14 by $0.12. The company had revenue of $225.69 million for the quarter. Research analysts forecast that Lincoln International will post 1.4 EPS for the current year.

Lincoln International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.28 dividend on an annualized basis and a yield of 1.2%.

Analyst Ratings Changes

A number of analysts have recently weighed in on LCLN shares. Evercore set a $26.00 price objective on Lincoln International in a research report on Wednesday, August 12th. Wall Street Zen raised Lincoln International to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings initiated coverage on Lincoln International in a research note on Monday. They issued a “sell (e)” rating for the company. Zacks Research raised Lincoln International to a “hold” rating in a report on Friday, July 10th. Finally, BMO Capital Markets assumed coverage on Lincoln International in a research note on Monday, June 15th. They set a “market perform” rating and a $26.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.36.

About Lincoln International

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.