LNC Stock Summary and Trading Ideas (Lincoln National | NYSE:LNC)

Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products primarily include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.

Lincoln National trades on the NYSE stock market under the symbol LNC.

As of April 29, 2024, LNC stock price climbed to $28.01 with 1,517,477 million shares trading.

LNC has a beta of 1.72, meaning it tends to be more sensitive to market movements. LNC has a correlation of 0.33 to the broad based SPY ETF.

LNC has a market cap of $4.75 billion. This is considered a Mid Cap stock.

Last quarter Lincoln National reported $2 billion in Revenue and $1.45 earnings per share. This fell short of revenue expectation by $-2 billion and exceeded earnings estimates by $.13.

In the last 3 years, LNC stock traded as high as $77.57 and as low as $18.50.

The top ETF exchange traded funds that LNC belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.

LNC has outperformed the market in the last year with a return of +39.3%, while the SPY ETF gained +24.2%. However, in the most recent history, LNC shares have underperformed the stock market with its stock returning +0.4% in the last 3 month period and +0.5% for the last 2 week period, while SPY has returned +4.1% and +1.1%, respectively.

LNC support price is $27.24 and resistance is $28.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LNC stock will trade within this expected range on the day.