Lincoln National Corp (Radnor PA) (LNC): Today's Featured Financial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Lincoln National Corp (Radnor ( LNC) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Lincoln National Corp (Radnor fell $0.39 (-1.2%) to $33.27 on light volume. Throughout the day, 2,185,711 shares of Lincoln National Corp (Radnor exchanged hands as compared to its average daily volume of 3,180,900 shares. The stock ranged in price between $33.05-$33.69 after having opened the day at $33.66 as compared to the previous trading day's close of $33.66. Other companies within the Financial sector that declined today were: Homex Development ( HXM), down 26.2%, Hancock Holding Company ( HBHC), down 9.2%, Credit Suisse ( UOIL), down 7.8% and First Marblehead Corporation ( FMD), down 6.7%.
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Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. The company operates in Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. Lincoln National Corp (Radnor has a market cap of $8.9 billion and is part of the insurance industry. The company has a P/E ratio of 7.5, below the S&P 500 P/E ratio of 17.7. Shares are up 30.0% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Lincoln National Corp (Radnor as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, National Bank of Greece ( NBG), down 25.3%, Royal Bancshares of Pennsylvania ( RBPAA), down 9.5%, Porter Bancorp ( PBIB), down 9.2% and Oak Valley Bancorp ( OVLY), down 7.6% , were all gainers within the financial sector with Newcastle Investment Corporation ( NCT) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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