One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Lincoln National Corp before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Lincoln National Corp’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding Lincoln National Corp’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About Lincoln National Corp (LNC)

Before we jump into Lincoln National Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. The Company operates through four segments: Annuities, Retirement Plan Services, Life Insurance and Group Protection. The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering variable annuities, fixed (including indexed) annuities and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services, such as LINCOLN DIRECTOR group variable annuity, LINCOLN ALLIANCE program and Multi-Fund variable annuity. The Life Insurance segment provides life insurance products, including term insurance and others. The Group Protection segment offers group non-medical insurance products and services, including short- and long-term disability, statutory disability and paid family medical leave administration.

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Lincoln National Corp’s Stock Price as of Market Close

As of March 09, 2023, 4:00 PM CST, Lincoln National Corp’s stock price was $27.34.

Lincoln National Corp is down 6.53% from its previous closing price of $29.25.

During the last market session, Lincoln National Corp’s stock traded between $28.96 and $29.93. Currently, there are 169.20 million shares of Lincoln National Corp stock available for purchase.

Unfortunately, Lincoln National Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Lincoln National Corp Stock Price History

Lincoln National Corp’s (LNC) price is currently down 13.81% so far this month.

During the month of March, Lincoln National Corp’s stock price has reached a high of $32.08 and a low of $27.33.

Over the last year, Lincoln National Corp has hit prices as high as $69.91 and as low as $28.61. Year to date, Lincoln National Corp’s stock is down 59.95%.

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What Caused Lincoln National Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 08, 2023, there were 11 analysts who downgraded Lincoln National Corp’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Lincoln National Corp’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Lincoln National Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Lincoln National Corp (LNC) by visiting AAII Stock Evaluator.

Relative Price Strength of Lincoln National Corp

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of March 08, 2023, Lincoln National Corp has a weighted four-quarter relative price strength of -16.53%, which translates to a Momentum Score of 15 and is considered to be Very Weak.

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Lincoln National Corp Stock Price: Bottom Line

As of March 9, 2023, Lincoln National Corp’s stock price is $27.34, which is down 6.53% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Lincoln National Corp’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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