NYSE:LNCLincoln National Stock Price, Forecast & News

$37.93

-1.38 (-3.51 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$37.59

Now: $37.93▼

$39.09

50-Day Range

$27.13

MA: $33.13▼

$40.79

52-Week Range

$16.11

Now: $37.93▼

$67.17

Volume3.01 million shs

Average Volume2.03 million shs

Market Capitalization$7.33 billion

P/E Ratio11.63

Dividend Yield4.22%

Beta2.27

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers variable, fixed, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; and indexed universal life insurance products; and a critical illness rider. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. 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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Lincoln National has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $46.30, Lincoln National has a potential upside of 22.1% from its current price of $37.93.
Amount of Analyst Coverage
Lincoln National has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Lincoln National has received 445 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Lincoln National has received 683 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Lincoln National has received 60.55% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Lincoln National and other stocks. Vote “Outperform” if you believe LNC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Lincoln National is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lincoln National has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Lincoln National is 18.39 %. 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 17.08 % next year. This indicates that Lincoln National will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lincoln National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $223,075.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Lincoln National is held by insiders.
Percentage Held by Institutions
78.66% of the stock of Lincoln National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Lincoln National are expected to grow by 7.70% in the coming year, from $8.70 to $9.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lincoln National is 11.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lincoln National is 11.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.99.
Price to Book Value per Share Ratio
Lincoln National has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Life insurance

Sub-IndustryLife & Health Insurance

SectorFinance

Current SymbolNYSE:LNC

Previous Symbol

CUSIP53418710

CIK59558

Webwww.lfg.com

Phone484-583-1400

Debt

Debt-to-Equity Ratio0.41

Current Ratio0.23

Quick Ratio0.23

Price-To-Earnings

Trailing P/E Ratio11.63

Forward P/E Ratio4.36

P/E GrowthN/A

Sales & Book Value

Annual Sales$17.26 billion

Price / Sales0.42

Cash Flow$6.68 per share

Price / Cash Flow5.68

Book Value$85.78 per share

Price / Book0.44

Profitability

EPS (Most Recent Fiscal Year)$8.70

Net Income$886 million

Net Margins3.72%

Return on Equity10.01%

Return on Assets0.58%

Miscellaneous

Employees11,357

Outstanding Shares193,220,000

Market Cap$7.33 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Lincoln National (NYSE:LNC) Frequently Asked Questions

How has Lincoln National's stock been impacted by COVID-19 (Coronavirus)?

Lincoln National's stock was trading at $31.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LNC shares have increased by 19.0% and is now trading at $37.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lincoln National?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lincoln National in the last year. There are currently 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lincoln National.

When is Lincoln National's next earnings date?

Lincoln National is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Lincoln National.

How were Lincoln National's earnings last quarter?

Lincoln National Co. (NYSE:LNC) released its quarterly earnings results on Thursday, May, 7th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.07. The financial services provider earned $4.51 billion during the quarter, compared to analysts' expectations of $4.53 billion. Lincoln National had a return on equity of 10.01% and a net margin of 3.72%. Lincoln National's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm earned $2.14 EPS. View Lincoln National's earnings history.

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

Lincoln National announced a quarterly dividend on Wednesday, February 19th. Shareholders of record on Monday, April 13th will be given a dividend of $0.40 per share on Friday, May 1st. This represents a $1.60 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Thursday, April 9th. View Lincoln National's dividend history.

What price target have analysts set for LNC?

10 brokers have issued 1-year price objectives for Lincoln National's shares. Their forecasts range from $28.00 to $77.00. On average, they expect Lincoln National's share price to reach $46.30 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price. View analysts' price targets for Lincoln National.

What are Wall Street analysts saying about Lincoln National stock?

Here are some recent quotes from research analysts about Lincoln National stock:

1. According to Zacks Investment Research, "Lincoln National is poised to grow on the back of its increasing top line, led by a strong performance of the Life Insurance Segment, product introduction, enhancement of the existing products and change in the business mix. Performance of its Group Insurance business is impressive. Shares of the company have underperformed its industry in a year's time. Nevertheless, the company has been streamlining its businesses to exit non-core and less profitable operations. However, it is likely to suffer from the COVID-19- related uncertainty. Its increased expenses due to investment in technology might weigh on the margins. High leverage is another cause for concern. Low interest rates will also put pressure on the investment yields and drain its investment income." (5/28/2020)
2. Wells Fargo & Co analysts commented, "We expect LNC shares should trade in-line with the market tomorrow give the company’s clean quarter and coming in pretty close to the consensus expectations." (7/31/2019)

Has Lincoln National been receiving favorable news coverage?

Media coverage about LNC stock has trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lincoln National earned a daily sentiment score of -2.6 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutLincoln National.

Are investors shorting Lincoln National?

Lincoln National saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,190,000 shares, an increase of 6.1% from the April 30th total of 8,660,000 shares. Based on an average daily volume of 3,170,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 4.8% of the shares of the company are sold short. View Lincoln National's Current Options Chain.

Who are some of Lincoln National's key competitors?

Some companies that are related to Lincoln National include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Primerica (PRI), Unum Group (UNM), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI). View all competitors.

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 Intel (INTC), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), AT&T (T), Walt Disney (DIS), IBM (IBM), Wells Fargo & Co (WFC), Cisco Systems (CSCO) and Home Depot (HD).

Who are Lincoln National's key executives?

Lincoln National's management team includes the following people:

Mr. Dennis Robert Glass, Pres, CEO & Director (Age 69)
Mr. Randal Jay Freitag FSA, MAAA, Exec. VP, CFO & Head of Individual Life (Age 56)
Ms. Ellen Gail Cooper C.F.A., F.S.A., Exec. VP & Chief Investment Officer (Age 55)
Ms. Lisa M. Buckingham, Exec. VP and Chief People, Place & Brand Officer (Age 53)
Mr. Wilford Herndon Fuller, Exec. VP and Pres of Annuities, LFD & LFN (Age 48)

What is Lincoln National's stock symbol?

Lincoln National trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNC."

Who are Lincoln National's major shareholders?

Lincoln National's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.78%), State Street Corp (4.70%), Lyrical Asset Management LP (2.40%), Geode Capital Management LLC (1.67%), JPMorgan Chase & Co. (1.41%) and Acadian Asset Management LLC (1.35%). Company insiders that own Lincoln National stock include Christine A Janofsky, Dennis R Glass, Gary C Kelly, Jamie Ohl, Kenneth S Solon, Lisa Buckingham and M Leanne Lachman. View institutional ownership trends for Lincoln National.

Which major investors are selling Lincoln National stock?

LNC stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, JPMorgan Chase & Co., Scout Investments Inc., Nuveen Asset Management LLC, Russell Investments Group Ltd., Carillon Tower Advisers Inc., Lyrical Asset Management LP, and State Street Corp. Company insiders that have sold Lincoln National company stock in the last year include Christine A Janofsky, and Lisa Buckingham. View insider buying and selling activity for Lincoln National.

Which major investors are buying Lincoln National stock?

LNC stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, APG Asset Management N.V., APG Asset Management N.V., Cornerstone Investment Partners LLC, Retirement Systems of Alabama, AGF Investments Inc., Parametric Portfolio Associates LLC, and Morgan Stanley. Company insiders that have bought Lincoln National stock in the last two years include Dennis R Glass, Lisa Buckingham, and M Leanne Lachman. View insider buying and selling activity for Lincoln National.

How do I buy shares of Lincoln National?

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

What is Lincoln National's stock price today?

One share of LNC stock can currently be purchased for approximately $37.93.

How big of a company is Lincoln National?

Lincoln National has a market capitalization of $7.33 billion and generates $17.26 billion in revenue each year. The financial services provider earns $886 million in net income (profit) each year or $8.70 on an earnings per share basis. Lincoln National employs 11,357 workers across the globe.

What is Lincoln National's official website?

The official website for Lincoln National is www.lfg.com.

How can I contact Lincoln National?

Lincoln National's mailing address is 150 N RADNOR CHESTER RD, RADNOR PA, 19087. The financial services provider can be reached via phone at 484-583-1400 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff