Short Interest in Lincoln International Inc. (NYSE:LCLN) Expands By 51.6%

Lincoln International Inc. (NYSE:LCLN) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 589,039 shares, an increase of 51.6% from the July 15th total of 388,594 shares. Based on an average daily trading volume, of 286,661 shares, the days-to-cover ratio is presently 2.1 days.

Lincoln International Price Performance

NYSE LCLN traded down $0.09 during mid-day trading on Tuesday, hitting $24.89. The stock had a trading volume of 15,384 shares, compared to its average volume of 426,459. Lincoln International has a 52-week low of $20.05 and a 52-week high of $26.00. The stock has a 50 day moving average price of $23.17.

Lincoln International (NYSE:LCLN) last posted its earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The firm had revenue of $225.69 million for the quarter. On average, research analysts expect that Lincoln International will post 1.4 earnings per share for the current fiscal year.

Lincoln International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 1st.

Wall Street Analyst Weigh In

LCLN has been the subject of several research analyst reports. The Goldman Sachs Group initiated coverage on Lincoln International in a research report on Monday, June 15th. They issued a “buy” rating and a $27.50 price objective for the company. Keefe, Bruyette & Woods boosted their target price on shares of Lincoln International from $24.00 to $25.00 and gave the stock a “market perform” rating in a research report on Monday, August 10th. Morgan Stanley set a $28.00 price target on shares of Lincoln International in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Lincoln International to a “hold” rating in a report on Saturday, May 30th. Finally, Zacks Research upgraded shares of Lincoln International to a “hold” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.36.

About Lincoln International

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.