Lincoln National (LNC) Stock Price, News & Analysis

Company Overview

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans. The Life Insurance division offers term, universal, and variable universal life insurance policies tailored to individual and corporate risk management needs. In the Group Protection segment, Lincoln Financial provides group disability, group life, accidental death and dismemberment (AD&D), dental, vision, and other supplemental benefit products to employers and association groups.

Founded in 1905 as the Lincoln National Life Insurance Company, Lincoln Financial has expanded through both organic growth and strategic acquisitions to establish a broad distribution network of independent broker-dealers, financial advisors, and employer-sponsored programs. Over time, the company extended its reach beyond the United States, serving clients in Canada, Puerto Rico, and the U.S. Virgin Islands through its subsidiaries and branch offices.

Under the leadership of President and Chief Executive Officer Ellen G. Cooper, Lincoln Financial continues to invest in digital tools, customer service enhancement, and product innovation to address evolving retirement and protection needs. The company is committed to corporate responsibility, emphasizing financial wellness, diversity and inclusion, and sustainable business practices.

Key Stats

• Today's Range: $42.44 to $43.30
• 50-Day Range: $32.94 to $42.93
• 52-Week Range: $27.58 to $43.30
• Volume: 2.50 million shs
• Average Volume: 1.95 million shs
• Market Capitalization: $8.20 billion
• P/E Ratio: 7.55
• Dividend Yield: 4.16%
• Price Target: $39.70
• Consensus Rating: Hold

Lincoln National Stock Analysis - MarketRank™

Lincoln National scored higher than 99% of companies evaluated by MarketBeat, and ranked 6th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Lincoln National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Lincoln National has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 8.58%

Earnings Growth

Earnings for Lincoln National are expected to grow by 8.58% in the coming year, from $7.69 to $8.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lincoln National is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lincoln National is 7.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 228.94.

Price to Earnings Growth Ratio

Lincoln National has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Lincoln National has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.15% of the float of Lincoln National has been sold short.

Short Interest Ratio / Days to Cover

Lincoln National has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lincoln National has recently decreased by 12.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Lincoln National is a leading dividend payer. It pays a dividend yield of 4.19%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Lincoln National does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Lincoln National is 31.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Lincoln National will have a dividend payout ratio of 21.56% next year. This indicates that Lincoln National will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -0.26

Percentage of Shares Shorted

3.15% of the float of Lincoln National has been sold short.

Short Interest Ratio / Days to Cover

Lincoln National has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lincoln National has recently decreased by 12.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.41

News Sentiment

Lincoln National has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Lincoln National this week, compared to 11 articles on an average week.

Search Interest

6 people have searched for LNC on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lincoln National insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $196,450.00 in company stock.

Percentage Held by Insiders

Only 0.51% of the stock of Lincoln National is held by insiders.

Percentage Held by Institutions

72.81% of the stock of Lincoln National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LNC Stock Analysis - Frequently Asked Questions

How have LNC shares performed this year?

Lincoln National's stock was trading at $31.71 at the beginning of the year. Since then, LNC stock has increased by 36.4% and is now trading at $43.2530.

How were Lincoln National's earnings last quarter?

Lincoln National Corporation (NYSE:LNC) issued its quarterly earnings data on Thursday, July, 31st. The financial services provider reported $2.36 EPS for the quarter, beating the consensus estimate of $1.91 by $0.45. The financial services provider had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.65 billion. Lincoln National had a net margin of 6.34% and a trailing twelve-month return on equity of 19.14%.
Read the conference call transcript.

Does Lincoln National have any subsidiaries?

Lincoln National subsidiaries include Liberty Life Assurance Company of Boston, California Fringe Benefit and Insurance Marketing Corporation, First Penn-Pacific Life Insurance Company, Jefferson-Pilot Investments Inc., LFA Limited Liability Company, LFD Insurance Agency Limited Liability Company, Lincoln Financial Advisors Corporation, and others.

Who are Lincoln National's major shareholders?

Lincoln National's top institutional shareholders include State Street Corp (3.27%), Massachusetts Financial Services Co. MA (2.59%), First Trust Advisors LP (2.45%) and Geode Capital Management LLC (1.53%). Insiders that own company stock include Sean Woodroffe, John Christopher Kennedy, Brian Kroll, Gary C Kelly and Owen Ryan.
View institutional ownership trends.

How do I buy shares of Lincoln National?

Shares of LNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Lincoln National own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lincoln National investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Record date for 8/1 Dividend: 7/10/2025
• Ex-Dividend for 8/1 Dividend: 7/10/2025
• Last Earnings: 7/31/2025
• Dividend Payable: 8/01/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 10/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: INS - LIFE
• Sub-Industry: Life & Health Insurance
• Current Symbol: NYSE:LNC
• CIK: 59558
• Web: www.lfg.com
• Phone: (484) 583-1400
• Fax: 215-448-3962
• Employees: 9,783
• Year Founded: 1905

Price Target and Rating

• Average Price Target for Lincoln National: $39.70
• High Price Target: $44.00
• Low Price Target: $36.00
• Potential Upside/Downside: -7.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.73
• Trailing P/E Ratio: 7.45
• Forward P/E Ratio: 5.55
• P/E Growth: 0.59
• Net Income: $3.28 billion
• Net Margins: 6.34%
• Pretax Margin: 7.24%
• Return on Equity: 19.14%
• Return on Assets: 0.38%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 0.26
• Quick Ratio: 0.26

Sales & Book Value

• Annual Sales: $18.44 billion
• Price / Sales: 0.44
• Cash Flow: $7.66 per share
• Price / Cash Flow: 5.57
• Book Value: $45.16 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 189,580,000
• Free Float: 188,556,000
• Market Cap: $8.09 billion
• Optionable: Optionable
• Beta: 1.48