Lincoln National (LNC) Stock Price, News & Analysis

Company Overview

Lincoln National (NYSE:LNC), doing business as Lincoln Financial Group, is a diversified financial services company headquartered in Radnor, Pennsylvania. Founded in 1905, the firm has grown into a leading provider of life insurance, annuities, retirement plan services, and group protection products. Through its network of distribution channels—which include financial advisors, brokers, and institutional partners—Lincoln Financial serves individuals, families, and businesses across the United States and in selected offshore markets such as Bermuda.

The company’s core business activities are organized into three segments: Retirement, Life Insurance, and Group Protection. The Retirement segment offers defined contribution plans, annuities, IRAs, and related services designed to help individuals prepare for retirement. The Life Insurance segment provides term, universal and variable universal life insurance products that can be tailored to meet estate planning, wealth transfer, and long-term care needs. The Group Protection segment delivers employer-sponsored group life, disability income, and supplemental health benefits to corporate and nonprofit clients seeking to protect their workforces.

In addition to its insurance and retirement offerings, Lincoln Financial provides asset management services through subsidiaries that oversee mutual funds, institutional portfolios and separate account strategies. The company has also invested in digital platforms and advisory technology to enhance the client experience, streamline enrollment processes and support financial professionals with real-time analytics and planning tools.

Over its more than a century of operation, Lincoln National has emphasized disciplined risk management and capital strength, adapting its product mix and distribution capabilities to evolving demographic trends and regulatory frameworks. The firm is guided by an experienced executive leadership team and board of directors with deep expertise in insurance, investments and financial services. Lincoln Financial continues to pursue strategic partnerships and selective acquisitions to expand its reach, innovate product offerings and support long-term growth across its core markets.

Key Stats

• Today's Range: $34.06 to $35.14
• 50-Day Range: $31.81 to $35.51
• 52-Week Range: $27.58 to $39.85
• Volume: 2.12 million shs
• Average Volume: 1.67 million shs
• Market Capitalization: $5.85 billion
• P/E Ratio: 4.87
• Dividend Yield: 5.25%
• Price Target: $37.00
• Consensus Rating: Hold

Lincoln National Stock Analysis - MarketRank™

Lincoln National scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 901 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 no buy ratings, 9 hold ratings, and no sell ratings.

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 4.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lincoln National is 4.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.95.

Price to Earnings Growth Ratio

Lincoln National has a PEG Ratio of 0.46. 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 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.13% 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 2.7, 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 1.12%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Lincoln National is a leading dividend payer. It pays a dividend yield of 5.18%, 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 25.57%. 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

3.13% 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 2.7, 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 1.12%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.15

News Sentiment

Lincoln National has a news sentiment score of 1.15. 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 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Lincoln National this week, compared to 9 articles on an average week.

Search Interest

Only 4 people have searched for LNC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

2 people have added Lincoln National to their MarketBeat watchlist in the last 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 $1,763,412.00 in company stock.

Percentage Held by Insiders

Only 0.54% 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 8.1% and is now trading at $34.29.

How were Lincoln National's earnings last quarter?

Lincoln National Corporation (NYSE:LNC) announced its earnings results on Thursday, May, 8th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.06. The firm's revenue was up 14.0% on a year-over-year basis.
Read the conference call transcript.

Does Lincoln National have any subsidiaries?

Lincoln National subsidiaries include these companies: 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 more.

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 5/1 Dividend: 4/10/2025
• Ex-Dividend for 5/1 Dividend: 4/10/2025
• Dividend Payable: 5/01/2025
• Last Earnings: 5/08/2025
• Today: 7/07/2025
• Record date for 8/1 Dividend: 7/10/2025
• Ex-Dividend for 8/1 Dividend: 7/10/2025
• Next Earnings (Confirmed): 7/31/2025
• Dividend Payable: 8/01/2025
• 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 Stock Price Target: $37.00
• High Stock Price Target: $44.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +7.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.04
• Trailing P/E Ratio: 4.87
• Forward P/E Ratio: 4.46
• P/E Growth: 0.46
• Net Income: $3.28 billion
• Net Margins: 7.00%
• Pretax Margin: 8.12%
• Return on Equity: 18.71%
• Return on Assets: 0.35%

Debt

• Debt-to-Equity Ratio: 0.81
• Current Ratio: 0.25
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $18.44 billion
• Price / Sales: 0.32
• Cash Flow: $7.60 per share
• Price / Cash Flow: 4.51
• Book Value: $42.75 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 170,690,000
• Free Float: 169,771,000
• Market Cap: $5.85 billion
• Optionable: Optionable
• Beta: 1.39