Lincoln Educational Services Corporation (LINC)

NASDAQ: LINC · IEX Real-Time Price · USD
11.98
+0.24 (2.04%)
Jul 2, 2024, 4:00 PM EDT - Market closed
2.04%
Market Cap 376.70M
Revenue (ttm) 394.15M
Net Income (ttm) 25.89M
Shares Out 31.44M
EPS (ttm) 0.85
PE Ratio 14.09
Forward PE 27.91
Dividend n/a
Ex-Dividend Date n/a
Volume 240,109
Open 11.73
Previous Close 11.74
Day's Range 11.65 - 12.02
52-Week Range 6.00 - 13.05
Beta 1.32
Analysts Strong Buy
Price Target 14.38 (+20.03%)
Earnings Date Aug 5, 2024

About LINC

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; h... [Read more]

IPO Date Jun 23, 2005
Employees 1,800
Stock Exchange NASDAQ
Ticker Symbol LINC
Full Company Profile

Financial Performance

In 2023, LINC's revenue was $378.07 million, an increase of 8.55% compared to the previous year's $348.29 million. Earnings were $26.00 million, an increase of 125.61%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LINC stock is "Strong Buy." The 12-month stock price forecast is $14.38, which is an increase of 20.03% from the latest price.

Price Target
$14.38
(20.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Lincoln Educational Services Corporation Welcomes Marketing Executive Marta Ronquillo Newhart and Former Treasurer of the United States Anna Escobedo Cabral to its Board of Directors

PARSIPPANY, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that Marta Ronquillo Newhart and Anna Escobedo Cabral, have been appointed t...

1 day ago - GlobeNewsWire

Lincoln Tech Will Deliver Workforce Training to Container Maintenance Corporation Technicians

Partnership will help Marino Group subsidiary rapidly grow technician workforce by 2029. Partnership will help Marino Group subsidiary rapidly grow technician workforce by 2029.

4 weeks ago - GlobeNewsWire

Lincoln Educational Services to Highlight Growth Drivers and Business Momentum at Several Upcoming Industry and Investor Events

Parsippany, NJ, May 21, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a national leader in specialized technical training for more than 75 years, today announced th...

6 weeks ago - GlobeNewsWire

Lincoln Tech Expands its Partnership with the Peterbilt Technician Institute Offering Specialized Training at its Denver Campus

Parsippany, NJ, May 10, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has expanded its t...

7 weeks ago - GlobeNewsWire

Lincoln Educational Services Corporation Announces Extension of Share Buyback Program

PARSIPPANY, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that its Board of Directors has authorized extension of its share repurchase ...

2 months ago - GlobeNewsWire

Lincoln Educational Services Reports Continued Growth During First Quarter 2024, with 15% Student Starts and 20% Revenue Growth; Increasing Financial Guidance for Full Year 2024

PARSIPPANY, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the first quarter ended March 31, 2024, a...

2 months ago - GlobeNewsWire

Lincoln Tech Opens New Atlanta Campus; Grand Opening Takes Place May 9th

Lincoln's second Georgia location in East Point marks a milestone in Lincoln's five-year strategic expansion plan. Lincoln's second Georgia location in East Point marks a milestone in Lincoln's five-y...

2 months ago - GlobeNewsWire

Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call

PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its first quarte...

2 months ago - GlobeNewsWire

Maryland CareerQuest Connects Area Students with Training and Education Opportunities for Hands-On Careers

Lincoln Tech is an event sponsor as schools, employers gather to help build the next generation of skilled workers. Lincoln Tech is an event sponsor as schools, employers gather to help build the next...

2 months ago - GlobeNewsWire

Lincoln Tech Awards Scholarships to Two Chicago-area Students

Parsippany, NJ, April 16, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has awarded a pa...

2 months ago - GlobeNewsWire

Lincoln Educational Services Projects Student Start Growth of Approximately 15% During First Quarter 2024

Reiterates Full year 2024 Outlook Company Hosting Investor Day Today Beginning at Noon ET PARSIPPANY, N.J., March 19, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), ...

3 months ago - GlobeNewsWire

Lincoln Educational Services Corporation Announces Barry Morrow's Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders

PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company's Board of Directors of his d...

3 months ago - GlobeNewsWire

Lincoln Educational Services Hosting Investor Day on March 19th

Parsippany, NJ, March 12, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it will host an Investor Day at its East Point, GA campus, on Tuesday, M...

4 months ago - GlobeNewsWire

Lincoln Educational Services to Highlight Recent Growth and Operating Momentum at the Sidoti Spring 2024 Small Cap Conference

Parsippany, NJ, March 11, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the s...

4 months ago - GlobeNewsWire

Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023

Conference Call Today at 10 a.m. ET PARSIPPANY, N.J.

4 months ago - GlobeNewsWire

Lincoln Educational Services Announces New $40 Million Revolving Credit Facility Increasing Capital Resource Flexibility

Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Th...

4 months ago - GlobeNewsWire

Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2023 Earnings Release and Conference Call

PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its fourth quarte...

4 months ago - GlobeNewsWire

Lincoln Educational Services Completes the Sale-Leaseback of Newly Acquired Levittown, PA Facility

Parsippany, NJ, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has entered into ...

5 months ago - GlobeNewsWire

Lincoln Tech Campus President Appointed to Maryland State Workforce Development Board

Parsippany, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced the...

5 months ago - GlobeNewsWire

Lincoln Educational Services Reports Continuing Growth in the Third Quarter with 10.5% Revenue Growth and a 7.1% Increase in Student Starts

PARSIPPANY, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the third quarter as well as recent busi...

8 months ago - GlobeNewsWire

Lincoln Tech Announces Signing of Lease Agreements for Future Houston, TX Campus and New Location for Nashville, TN Campus

Real estate deals advance Lincoln Educational Services' strategic growth initiatives for 2024 and beyond, expanding Southern presence and moving historic Nashville campus to a more modern facility. Re...

8 months ago - GlobeNewsWire

Lincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call

PARSIPPANY, N.J., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its third quarter...

8 months ago - GlobeNewsWire

Lincoln Educational Services Advances Plans to Relocate its Philadelphia Campus to Levittown, PA and Expand its Program Offerings

The new larger facility will provide three new career training programs – Welding Technology, HVAC and Electrical and Electronic Systems Technology (EEST) – in addition to the Automotive Technology pr...

9 months ago - GlobeNewsWire

Lincoln Educational Services to Highlight Recent Progress and Operating Momentum at the Sidoti September Virtual Investor Conference

Parsippany, NJ, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the s...

10 months ago - GlobeNewsWire

Lincoln Tech Expands Tesla Collaboration Training to Columbia, MD Campus

Cooperative effort with global auto-innovator reinforces Lincoln's commitment to delivering industry-leading EV training program for its students; first class set to begin August 28. Cooperative effor...

11 months ago - GlobeNewsWire