Lincoln International Inc. (NYSE:LCLN) Plans $0.07 Quarterly Dividend

Lincoln International Inc. (NYSE:LCLN) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.07 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st.

Lincoln International Stock Up 12.5%

Shares of NYSE:LCLN traded up $2.60 on Thursday, reaching $23.36. 878,314 shares of the company’s stock were exchanged, compared to its average volume of 440,651. The company’s fifty day moving average price is $22.98. Lincoln International has a twelve month low of $20.05 and a twelve month high of $25.30.

Lincoln International (NYSE:LCLN) last released its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $225.69 million for the quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Evercore initiated coverage on Lincoln International in a report on Monday, June 15th. They set an “in-line” rating and a $25.00 price objective on the stock. Keefe, Bruyette & Woods cut their target price on Lincoln International from $26.00 to $24.00 and set a “market perform” rating on the stock in a report on Friday, July 10th. Wall Street Zen raised Lincoln International to a “hold” rating in a research note on Saturday, May 30th. The Goldman Sachs Group initiated coverage on shares of Lincoln International in a research report on Monday, June 15th. They set a “buy” rating and a $27.50 price target on the stock. Finally, Citigroup began coverage on Lincoln International in a research note on Monday, June 15th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lincoln International presently has a consensus rating of “Moderate Buy” and an average price target of $26.93.

Lincoln International Company Profile

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.