Lincoln National (LNC) Set to Announce Earnings on Thursday

Lincoln National (NYSE:LNC - Get Free Report) is scheduled to announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Lincoln National (NYSE:LNC - Get Free Report) last posted its earnings results on Thursday, February 8th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.13. Lincoln National had a positive return on equity of 20.81% and a negative net margin of 6.46%. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, analysts expect Lincoln National to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Lincoln National Stock Down 2.4 %

Shares of LNC stock traded down $0.69 during trading hours on Thursday, reaching $27.96. The company had a trading volume of 1,284,999 shares, compared to its average volume of 1,879,824. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.26 and a current ratio of 0.26. Lincoln National has a twelve month low of $18.50 and a twelve month high of $32.43. The company has a market capitalization of $4.75 billion, a P/E ratio of -5.60, a price-to-earnings-growth ratio of 0.18 and a beta of 1.81. The stock's fifty day simple moving average is $28.41 and its 200 day simple moving average is $26.40.

Lincoln National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Wednesday, April 10th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date is Tuesday, April 9th. Lincoln National's dividend payout ratio is currently -36.07%.

Insider Transactions at Lincoln National

In related news, Director Owen Ryan purchased 10,000 shares of the company's stock in a transaction dated Friday, February 9th. The shares were acquired at an average cost of $25.90 per share, for a total transaction of $259,000.00. Following the transaction, the director now owns 10,000 shares of the company's stock, valued at $259,000. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

LNC has been the subject of a number of analyst reports. Jefferies Financial Group raised Lincoln National from an "underperform" rating to a "hold" rating in a report on Monday, February 12th. JPMorgan Chase & Co. increased their target price on Lincoln National from $26.00 to $29.00 and gave the stock an "underweight" rating in a report on Tuesday, April 2nd. Evercore ISI increased their target price on Lincoln National from $33.00 to $35.00 and gave the stock an "in-line" rating in a report on Thursday, April 11th. TheStreet downgraded Lincoln National from a "c" rating to a "d+" rating in a report on Thursday, February 8th. Finally, Wells Fargo & Company increased their target price on Lincoln National from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Thursday, April 11th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $28.45.

Lincoln National Company Profile

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates in four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders.