Lincoln National (LNC) Stock Price, News & Analysis

Company Overview

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. The Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group non-medical insurance products consisting of short and long-term disability and statutory disability; paid family medical leave administration and absence management services; term life; dental and vision; and accident, critical illness, and hospital indemnity benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.

Key Stats

• Today's Range: $37.84 to $38.64
• 50-Day Range: $32.43 to $39.44
• 52-Week Range: $27.58 to $39.85
• Volume: 2.58 million shs
• Average Volume: 2.26 million shs
• Market Capitalization: $7.24 billion
• P/E Ratio: 6.66
• Dividend Yield: 4.72%
• Price Target: $39.22
• Consensus Rating: Hold

Lincoln National Stock Analysis - MarketRank™

Lincoln National scored higher than 95% of companies evaluated by MarketBeat, and ranked 99th out of 922 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: 1.0 / 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, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Lincoln National has only been the subject of 4 research reports in the past 90 days.

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 6.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lincoln National is 6.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.63.

Price to Earnings Growth Ratio

Lincoln National has a PEG Ratio of 0.53. 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 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.72% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lincoln National has recently increased by 2.61%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Lincoln National is a leading dividend payer. It pays a dividend yield of 4.70%, 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

3.72% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Lincoln National has recently increased by 2.61%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.97

News Sentiment

Lincoln National has a news sentiment score of 0.97. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Lincoln National this week, compared to 10 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 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Lincoln National to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $1,959,862.00 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 on January 1st, 2025. Since then, LNC shares have increased by 20.4% and is now trading at $38.1670.

How were Lincoln National's earnings last quarter?

Lincoln National Corporation (NYSE:LNC) released 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 earned $4.04 billion during the quarter, compared to the consensus estimate of $4.65 billion. Lincoln National had a trailing twelve-month return on equity of 19.14% and a net margin of 6.34%.
Read the conference call transcript.

Does Lincoln National have any subsidiaries?

The following companies are subsidiaries of Lincoln National: 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 Massachusetts Financial Services Co. MA (2.59%), Geode Capital Management LLC (1.53%), Bank of New York Mellon Corp (1.01%) and Hennessy Advisors Inc. (0.82%). 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: 8/08/2025
• 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: $39.22
• High Price Target: $44.00
• Low Price Target: $36.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.73
• Trailing P/E Ratio: 6.67
• Forward P/E Ratio: 4.97
• P/E Growth: 0.55
• 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: 0.39
• Cash Flow: $7.46 per share
• Price / Cash Flow: 5.12
• Book Value: $45.16 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 189,580,000
• Free Float: 188,613,000
• Market Cap: $7.24 billion
• Optionable: Optionable
• Beta: 1.42