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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Why do tech stocks go down when interest rates rise?
Own Dollar General? Hurry and take this advice before earnings
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Pure Storage stock fumbles for a rare buying opportunity
Black Swan: this small cap surged over 1000% last week
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AppLovin (APP): Losing its shareholders lovin'?
Snowflake’s bullish tailwind is turning into a gale-force wind

Lincoln National Stock Price, News & Analysis (NYSE:LNC)

$24.64
+0.51 (+2.11%)
(As of 12/4/2023 ET)
Compare
Today's Range
$23.84
$24.71
50-Day Range
$21.26
$24.89
52-Week Range
$18.50
$38.57
Volume
2.31 million shs
Average Volume
3.09 million shs
Market Capitalization
$4.18 billion
P/E Ratio
10.40
Dividend Yield
7.31%
Price Target
$26.80

Lincoln National MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.89 Rating Score
Upside/​Downside
8.8% Upside
$26.80 Price Target
Short Interest
Healthy
2.93% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.26
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
28.72%
From $5.64 to $7.26 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Finance Sector

240th out of 822 stocks

Life Insurance Industry

9th out of 18 stocks


LNC stock logo

About Lincoln National Stock (NYSE:LNC)

Lincoln National Corporation is a prominent financial and insurance services company headquartered in Radnor, Pennsylvania. Its mission is to help individuals and families secure their financial futures. With a presence across the United States, Lincoln National Corporation operates through multiple business segments, including life insurance, annuities, retirement plan services, and group protection. The company serves a diverse customer base, including individuals, employers, and institutional clients. Notably, Lincoln National Corporation has garnered recognition for its achievements, including numerous awards and milestones, underscoring its commitment to excellence in the industry.

The leadership team at Lincoln National Corporation is composed of experienced professionals who bring a wealth of expertise to the company. Chief Executive Officer Ellen Gail Cooper also serves as head of the board of directors. She has served in multiple positions since joining Lincoln National Corporation in 2012. Ellen Cooper has been instrumental in building Lincoln National Corporation's investment strategy. 

Lincoln National Corporation has exhibited commendable growth in recent years, although it experienced a slight setback in the fiscal year 2022. It's important to note that this dip aligns with an industry-wide trend observed throughout that year. The company's revenue has steadily increased, reaching $18.77 billion in the most recent fiscal year. Earnings have also shown a positive trend. The company did report a net loss in 2022 of $-2.24 billion. However, this was typical of companies in this sector for that year. Profit margins have remained healthy, reflecting the company's ability to generate sustainable returns. Lincoln National Corporation has managed its debt levels prudently, ensuring a stable financial position. 

Lincoln National Corporation compares favorably to its industry peers when considering valuation metrics. The company's price-to-earnings ratio aligns with industry benchmarks, indicating a reasonable valuation. Factors driving the company's valuation include its robust financial performance, diversified product portfolio, and solid market position. Changes in investor sentiment can influence valuation, but Lincoln National Corporation's strong fundamentals provide a solid foundation for long-term growth and investor confidence.

The company's stock performance has been notable, with Lincoln National Corporation experiencing significant price movements and changes in trading volume. Recent news and events, such as regulatory developments or industry-wide trends, have influenced the company's share price. For instance, interest rate changes or consumer preferences shifts can impact the financial services sector and subsequently affect Lincoln National Corporation's stock performance. Monitoring these factors is crucial for investors and stakeholders alike.

Lincoln National Corporation operates within the broader financial services industry, which is subject to various trends, competitors, and regulatory considerations. Constant innovation, evolving customer expectations, and the impact of technology on traditional business models characterize the industry. Lincoln National Corporation is well-positioned within the sector, benefiting from its established brand, extensive distribution network, and diverse product offerings. The company's competitive advantages include its strong customer relationships, technological investments, and risk management strategies.

Lincoln National Corporation continues to explore potential growth opportunities to expand its market presence. These opportunities may include new product launches, strategic acquisitions, or expansions into untapped markets. The company's strong financial position enables it to invest in research and development, ensuring the introduction of innovative products and services to meet evolving customer needs. For instance, Lincoln National Corporation may explore the development of personalized retirement solutions or expand its digital capabilities to enhance customer experience and engagement. Strategic acquisitions can also provide avenues for growth by expanding the company's market reach or adding complementary offerings to its portfolio. By carefully evaluating these growth opportunities, Lincoln National Corporation can capitalize on its competitive advantages and drive sustainable expansion.

While Lincoln National Corporation has demonstrated resilience and growth, it faces potential risks and challenges inherent in the financial services industry. Changing consumer preferences and behaviors pose a significant risk, as shifts in demand for specific products or services can impact the company's revenue streams. Moreover, regulatory changes can introduce compliance challenges and require adjustments to business practices. Increased competition from traditional players and disruptive fintech companies is another challenge the company must navigate effectively. Lincoln National Corporation has implemented robust risk management strategies to mitigate these challenges, including monitoring industry trends, enhancing operational efficiency, and maintaining a strong capital position.

LNC Stock Price History

LNC Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Lincoln (LNC) Q3 Earnings Miss on Lower Annuities Profits
Lincoln National Corp LNC
Lincoln National Corp. Q3 Earnings Summary
LNC.PR.D Lincoln National Corporation 9% DEP PFD SR D
Lincoln National (LNC) Gets a Hold from Piper Sandler
See More Headlines
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Company Calendar

Ex-Dividend for 11/1 Dividend
10/09/2023
Last Earnings
11/01/2023
Dividend Payable
11/01/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Ex-Dividend for 2/1 Dividend
1/09/2024
Dividend Payable
2/01/2024
Next Earnings (Estimated)
2/14/2024

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
Life & Health Insurance
Sector
Finance
CUSIP
53418710
Employees
11,316
Year Founded
1905

Price Target and Rating

Average Stock Price Target
$26.80
High Stock Price Target
$33.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+8.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.89
Research Coverage
9 Analysts

Profitability

Net Income
$-2,241,000,000.00
Pretax Margin
-20.51%

Debt

Sales & Book Value

Annual Sales
$18.78 billion
Book Value
$21.17 per share

Miscellaneous

Free Float
166,693,000
Market Cap
$4.18 billion
Optionable
Optionable
Beta
1.81

Social Links

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Key Executives

  • Ms. Ellen Gail Cooper C.F.A. (Age 59)
    F.S.A., Chairman, President & CEO
    Comp: $2.69M
  • Mr. Kenneth Steven SolonMr. Kenneth Steven Solon (Age 62)
    Executive VP, Chief Information Officer and Head of Digital, IT & Enterprise Services
    Comp: $1.59M
  • Mr. Matthew Martin Grove (Age 47)
    Executive VP & President of Retail Solutions
    Comp: $2.4M
  • Mr. James Waltman Reid (Age 57)
    Executive VP & President of Workplace Solutions
    Comp: $1.72M
  • Mr. Christopher Michael Neczypor (Age 43)
    Executive VP & CFO
  • Mr. Jayson Reagan Bronchetti C.A.I.A. (Age 44)
    C.F.A., Executive VP, Chief Investment Officer and Head of Risk & Sustainability
  • Mr. Adam Cohen
    Senior VP & Chief Accounting Officer
  • Mr. Joseph Weider (Age 54)
    Senior VP & CTO
  • Ms. Lucy Denise Gase
    Senior VP and Head of Administrative Services & Strategic Support
  • Ms. Tina Madon
    Senior VP & Head of Investor Relations














LNC Stock Analysis - Frequently Asked Questions

Should I buy or sell Lincoln National stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln National in the last year. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LNC shares.
View LNC analyst ratings
or view top-rated stocks.

What is Lincoln National's stock price target for 2024?

9 Wall Street analysts have issued 1-year price objectives for Lincoln National's shares. Their LNC share price targets range from $18.00 to $33.00. On average, they expect the company's share price to reach $26.80 in the next year. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for LNC
or view top-rated stocks among Wall Street analysts.

How have LNC shares performed in 2023?

Lincoln National's stock was trading at $30.72 at the start of the year. Since then, LNC stock has decreased by 19.8% and is now trading at $24.64.
View the best growth stocks for 2023 here
.

Are investors shorting Lincoln National?

Lincoln National saw a drop in short interest in October. As of October 31st, there was short interest totaling 5,010,000 shares, a drop of 8.9% from the October 15th total of 5,500,000 shares. Based on an average daily trading volume, of 2,840,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.0% of the company's stock are sold short.
View Lincoln National's Short Interest
.

When is Lincoln National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our LNC earnings forecast
.

How were Lincoln National's earnings last quarter?

Lincoln National Co. (NYSE:LNC) announced its quarterly earnings data on Wednesday, November, 1st. The financial services provider reported $0.23 earnings per share for the quarter, missing the consensus estimate of $1.76 by $1.53. The financial services provider earned $4.67 billion during the quarter, compared to the consensus estimate of $4.75 billion. Lincoln National had a trailing twelve-month return on equity of 21.62% and a net margin of 3.23%.

How often does Lincoln National pay dividends? What is the dividend yield for Lincoln National?

Lincoln National announced a quarterly dividend on Thursday, November 9th. Shareholders of record on Wednesday, January 10th will be given a dividend of $0.45 per share on Thursday, February 1st. This represents a $1.80 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date is Tuesday, January 9th.
Read our dividend analysis for LNC
.

Is Lincoln National a good dividend stock?

Lincoln National (NYSE:LNC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 7.46%. LNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LNC will have a dividend payout ratio of 24.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LNC.

What is Dennis R. Glass' approval rating as Lincoln National's CEO?

470 employees have rated Lincoln National Chief Executive Officer Dennis R. Glass on Glassdoor.com. Dennis R. Glass has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Lincoln National own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lincoln National investors own include AT&T (T), Intel (INTC), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Verizon Communications (VZ), Walt Disney (DIS) and Wells Fargo & Company (WFC).

Who are Lincoln National's major shareholders?

Lincoln National's stock is owned by many different institutional and retail investors. Top institutional investors include Morgan Stanley (3.13%), Hsbc Holdings PLC (2.52%), Apollo Management Holdings L.P. (0.00%), Apollo Management Holdings L.P. (0.00%), Jacobs Levy Equity Management Inc. (1.86%) and Northern Trust Corp (1.76%). Insiders that own company stock include Christine A Janofsky, Dennis R Glass, Ellen Cooper, Gary C Kelly, John Christopher Kennedy, Kenneth S Solon, Leon E Roday, Randal J Freitag and Wilford H Fuller.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Lincoln National have any subsidiaries?
The following companies are subsidiares of Lincoln National: 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, Liberty Life Assurance Company of Boston, Lincoln Assignment Corporation, Lincoln Financial Advisors Corporation, Lincoln Financial Distributors Inc., Lincoln Financial Group Trust Company Inc., Lincoln Financial Limited Liability Company I, Lincoln Financial Reinsurance Company of Vermont, Lincoln Financial Securities Corporation, Lincoln Insurance Services Limited, Lincoln Investment Advisors Corporation, Lincoln Investment Management Company, Lincoln Investment Solutions Inc., Lincoln Life & Annuity Company of New York, Lincoln National Corporation, Lincoln National Management Corporation, Lincoln National Reinsurance Company (Barbados) Limited, Lincoln Reinsurance Company of South Carolina, Lincoln Reinsurance Company of Vermont I, Lincoln Reinsurance Company of Vermont III, Lincoln Reinsurance Company of Vermont IV, Lincoln Reinsurance Company of Vermont V, Lincoln Reinsurance Company of Vermont VI, Lincoln Reinsurance Company of Vermont VII, Lincoln Retirement Services Company LLC, The Lincoln National Life Insurance Company, and Westfield Assigned Benefits Company.
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This page (NYSE:LNC) was last updated on 12/5/2023 by MarketBeat.com Staff

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