Morgan Stanley Boosts Lincoln National Corporation (NYSE:LNC) Price Target to $77.00

Currently, 1.37 billion total shares are owned by the public and among those 1.37 billion shares have been available to trade. It has outperformed by 14.07% the S&P500. After $1.85 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts -1.08% negative EPS growth. LNC's profit would be $405.34 million giving it 10.29 P/E if the $1.83 EPS is correct. Lincoln National Corporation's quarterly revenue was up 8.2% on a year-over-year basis. About 1.01M shares traded. Lincoln National Corporation's average EBITDA per Share Growth Rate was 48.7 percent during the past 12 months. It has outperformed by 30.57% the S&P500.

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies.

The market capitalization of Lincoln National Corporation is at $16.74 Billion. The Firm sells a range of wealth protection, accumulation and retirement income products and solutions, through its business divisions. It has a 20.27 P/E ratio. The Firm operates through four divisions: Annuities segment, which offers fixed and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan services and products; 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.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $2.97 million activity.

In other Lincoln National news, Director Michael F. Mee sold 13,574 shares of the business's stock in a transaction dated Tuesday, May 9th. Comparatively, LNC posted earnings of $1.79 per share in the same quarter, a year earlier.

Lincoln National Corporation was covered by a number of analysts recently, 2 rated the stock as Buy, 6 rated Hold, 0 rated sell and 0 gave an Underperform. Therefore 19% are positive. Lincoln National had 42 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Lincoln National Corporation (NYSE:LNC) has "Buy" rating given on Thursday, August 3 by RBC Capital Markets. The stock of Regions Financial Corp (NYSE:RF) earned "Neutral" rating by Macquarie Research on Friday, April 1. RBC Capital Markets has "Buy" rating and $8300 target. FBR Capital maintained it with "Outperform" rating and $55 target in Tuesday, October 18 report. As per Friday, September 22, the company rating was maintained by Keefe Bruyette & Woods. The firm has "Neutral" rating by Credit Suisse given on Friday, October 7. Lincoln National Corporation had a net margin of 10.85% and a return on equity of 10.99%.

It last reported revenues of $2.26 billion and EPS of $0.32 for the June 2017, representing 6% top-line growth and 0.27 EPS growth. Its up 0.12, from 0.8 in 2017Q1. On average, analysts forecast that Lincoln National Corporation will post $7.49 earnings per share for the current fiscal year. State Street Corp raised its position in Lincoln National by 7.6% in the fourth quarter. The volume of LNC witnessed a shift from 1.01 million shares, based on a 50-day average, to 1.26 million shares. Dorsey And Whitney Tru Ltd Liability Corporation accumulated 3,725 shares or 0.05% of the stock. Azimuth Capital Mngmt Ltd Liability Co reported 7,185 shares stake. Breton Hill Capital holds 0.12% or 9,167 shares in its portfolio. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Philadelphia Financial Management Of San Francisco Llc, a California-based fund reported 275,800 shares. Banced Corp controls 6,902 shares valued at $507,000. Wealthtrust Fairport stated it has 55,617 shares. Clark Management Grp Inc Incorporated stated it has 231,358 shares. JPMorgan Chase & Co. boosted its position in Lincoln National Corporation by 32.0% in the 2nd quarter. SRS Capital Advisors Inc. raised its holdings in Lincoln National Corporation by 15.9% in the first quarter.

Lincoln National Corporation (NYSE LNC) opened at 74.87 on Thursday. Wells Fargo maintained Lincoln National Corporation (NYSE:LNC) on Thursday, June 8 with "Hold" rating.

Investors sentiment decreased to 1.33 in 2017 Q2.

Institutional investors and hedge funds have recently made changes to their positions in the business. The value of the position overall is up by 2.2%. Manufacturers Life The invested in 1,132 shares. Df Dent And Inc owns 11,155 shares or 0.02% of their U.S. portfolio. Following the sale, the director now directly owns 6,336 shares of the company's stock, valued at approximately $432,875.52. Goldman Sachs Gru has invested 0% of its portfolio in Truett-Hurst Inc (NASDAQ:THST). British Columbia Invest Corp stated it has 223,861 shares or 0.12% of all its holdings. Amalgamated Financial Bank holds 0.06% or 135,017 shares in its portfolio. Bard Associate accumulated 0.44% or 470,794 shares.

Northwest Bancshares, a savings and loan holding company. It now has negative earnings.

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