NYSE:LNC

Lincoln National - LNC Stock Forecast, Price & News

$50.40

-0.80 (-1.56%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: $50.12
▼
$50.86
50-Day Range: $45.61
▼
$56.90
52-Week Range: $44.89
▼
$77.57

Volume: 1.64 million shs
Average Volume: 1.60 million shs
Market Capitalization: $8.58 billion

P/E Ratio: 10.50
Dividend Yield: 3.52%
Price Target: $61.90

Lincoln National MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 22.8% Upside
$61.90 Price Target
Short Interest: Healthy
3.19% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.29
Upright™ Environmental Score
News Sentiment: -0.11
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 36.03%
From $8.52 to $11.59 Per Share

Overall MarketRank^™

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

3.65 out of 5 stars

Finance Sector

2nd out of 926 stocks

Life Insurance Industry

1st out of 20 stocks

3.2

Analyst's Opinion

Consensus Rating
Lincoln National has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $61.90, Lincoln National has a forecasted upside of 22.8% from its current price of $50.40.
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.

4.0

Short Interest

Percentage of Shares Shorted
3.19% 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 2.9, 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 4.80%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
Lincoln National is a leading dividend payer. It pays a dividend yield of 3.52%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lincoln National has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Lincoln National is 37.50%. 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 15.53% next year. This indicates that Lincoln National will be able to sustain or increase its dividend.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Lincoln National has received a 58.98% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Life annuities", and "Consumer savings accounts" products. See details.
Environmental Sustainability
The Environmental Impact score for Lincoln National is -0.29.

2.2

News and Social Media Coverage

News Sentiment
Lincoln National has a news sentiment score of -0.11. 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 lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Lincoln National this week, compared to 4 articles on an average week.
Search Interest
15 people have searched for LNC on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
13 people have added Lincoln National to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lincoln National insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.75% of the stock of Lincoln National is held by insiders.
Percentage Held by Institutions
86.40% of the stock of Lincoln National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Lincoln National are expected to grow by 36.03% in the coming year, from $8.52 to $11.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lincoln National is 10.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lincoln National is 10.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.66.
Price to Earnings Growth Ratio
Lincoln National has a PEG Ratio of 0.32. 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 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lincoln National (NYSE:LNC) Stock

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 fixed, variable, 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; indexed universal life insurance products; and critical illness and long-term care riders. 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 based in Radnor, Pennsylvania.

Lincoln National Price Performance

Lincoln National stock traded down $0.80 during mid-day trading on Monday, reaching $50.40. The company had a trading volume of 1,638,505 shares, compared to its average volume of 1,601,403. The business has a fifty day simple moving average of $49.04 and a 200 day simple moving average of $58.50. The company has a market cap of $8.58 billion, a P/E ratio of 10.67, a P/E/G ratio of 0.32 and a beta of 1.89. Lincoln National has a fifty-two week low of $44.89 and a fifty-two week high of $77.57. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.71.

Lincoln National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 1st. Stockholders of record on Monday, October 10th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, October 6th. Lincoln National's payout ratio is currently 37.50%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Morgan Stanley reduced their price target on shares of Lincoln National from $80.00 to $68.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 6th. Piper Sandler reduced their price target on shares of Lincoln National from $70.00 to $55.00 and set an "overweight" rating on the stock in a research report on Friday, July 8th. The Goldman Sachs Group reduced their price target on shares of Lincoln National from $78.00 to $60.00 and set a "neutral" rating on the stock in a research report on Monday, June 6th. Barclays reduced their price target on shares of Lincoln National to $47.00 in a research report on Tuesday, August 9th. Finally, Citigroup began coverage on shares of Lincoln National in a research report on Monday, May 23rd. They set a "neutral" rating and a $56.00 price target on the stock. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Lincoln National currently has an average rating of "Hold" and an average target price of $61.90.

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LNC Stock News Headlines

August 11, 2022 | americanbankingnews.com

Lincoln National (NYSE:LNC) PT Lowered to $47.00

August 8, 2022 | nasdaq.com

Is Lincoln National Corporation's (NYSE:LNC) Recent Price Movement Underpinned By Its Weak Fundamentals?

August 8, 2022 | americanbankingnews.com

Royal Bank of Canada Cuts Lincoln National (NYSE:LNC) Price Target to $57.00

August 5, 2022 | finance.yahoo.com

Does The Market Have A Low Tolerance For Lincoln National Corporation's (NYSE:LNC) Mixed Fundamentals?

August 4, 2022 | finance.yahoo.com

Lincoln National (LNC) Q2 Earnings Miss on Low Investment Income

August 3, 2022 | msn.com

Recap: Lincoln National Q2 Earnings

August 3, 2022 | finance.yahoo.com

Lincoln National (LNC) Misses Q2 Earnings Estimates

August 3, 2022 | finance.yahoo.com

Lincoln Financial Group Reports Second Quarter 2022 Results

August 2, 2022 | finance.yahoo.com

What to Expect Ahead of Lincoln National's (LNC) Q2 Earnings?

August 1, 2022 | americanbankingnews.com

Lincoln National (LNC) Set to Announce Quarterly Earnings on Wednesday

July 21, 2022 | americanbankingnews.com

Brokerages Set Lincoln National Co. (NYSE:LNC) Target Price at $65.90

July 14, 2022 | nasdaq.com

Lincoln National (LNC) Shares Cross 4% Yield Mark

July 12, 2022 | finance.yahoo.com

More Than Half of Black Employees Say the Pandemic Caused Them to Re-Evaluate What Matters Most Financially

July 6, 2022 | marketwatch.com

Lincoln National Corp. stock falls Wednesday, underperforms market

July 6, 2022 | nasdaq.com

Ex-Dividend Reminder: Lincoln National, UDR and Invesco Mortgage Capital

June 30, 2022 | finance.yahoo.com

Lincoln Financial Group’s Michelle DeCarlo Recognized as 2022 Woman Worth Watching in STEM by Profiles in Diversity Journal

June 22, 2022 | finance.yahoo.com

Lincoln Financial Group Website Reveals the Cost of Long-Term Care, Offers Personalized Resources to Help Plan for Long-Term Care Needs

June 21, 2022 | finance.yahoo.com

Lincoln Financial Group Unites Investments, Risk & Sustainability Teams to Support Long-Term Strategy

June 14, 2022 | morningstar.com

Lincoln National Corp - Stock Financials LNC

June 14, 2022 | nasdaq.com

RSI Alert: Lincoln National Now Oversold

June 14, 2022 | nasdaq.com

Lincoln National Corp. Shares Close in on 52-Week Low - Market Mover

June 3, 2022 | finance.yahoo.com

Lincoln National (LNC) Down 3.6% Since Last Earnings Report: Can It Rebound?

June 1, 2022 | finance.yahoo.com

Millennials Are Hungry for Growth and Protection Potential, According to Lincoln Financial Group

May 27, 2022 | markets.businessinsider.com

6 Analysts Have This to Say About Lincoln National

May 27, 2022 | finance.yahoo.com

Ellen Cooper Assumes Role of Lincoln Financial Group President and Chief Executive Officer

See More Headlines

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LNC Company Calendar

Last Earnings: 11/03/2021
Ex-Dividend for 8/1 Dividend: 7/08/2022
Dividend Payable: 8/01/2022
Today: 8/15/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Life insurance
Sub-Industry: Life & Health Insurance
Sector: Finance
Current Symbol: NYSE:LNC
CUSIP: 53418710
CIK: 59558
Web: www.lfg.com
Phone: (484) 583-1400
Fax: 215-448-3962
Employees: 10,848
Year Founded: 1905

Price Target and Rating

Average Stock Price Forecast: $61.90
High Stock Price Forecast: $80.00
Low Stock Price Forecast: $47.00
Forecasted Upside/Downside: +22.8%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.80
Trailing P/E Ratio: 10.50
Forward P/E Ratio: 5.92
P/E Growth: 0.32
Net Income: $1.41 billion
Net Margins: 4.45%
Pretax Margin: 4.91%
Return on Equity: 7.82%
Return on Assets: 0.35%

Debt

Debt-to-Equity Ratio: 0.71
Current Ratio: 0.19
Quick Ratio: 0.19

Sales & Book Value

Annual Sales: $19.23 billion
Price / Sales: 0.45
Cash Flow: $8.20 per share
Price / Cash Flow: 6.15
Book Value: $112.18 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 170,226,000
Free Float: 167,247,000
Market Cap: $8.58 billion
Optionable: Optionable
Beta: 1.89

Social Links

Key Executives

Ms. Ellen Gail Cooper C.F.A. (Age 58)
F.S.A., Pres, CEO & Director
Comp: $2.9M
Mr. Randal Jay Freitag FSA (Age 59)
Exec. VP, CFO & Head of Individual Life
Comp: $3M
Mr. Kenneth Steven Solon (Age 61)
Exec. VP, Chief Information Officer and Head of Digital, IT & Enterprise Services
Comp: $2.45M
Mr. Jayson Reagan Bronchetti C.A.I.A. (Age 43)
C.F.A., Chief Investment Officer
Mr. Adam Cohen
Chief Accounting Officer
Ms. Lucy Denise Gase
Sr. VP and Head of Admin. Services & Strategic Support
Mr. Al Copersino
VP & Head of Investor Relations
Mr. Steve Harris
Chief Ethics & Compliance Officer and Sr. VP
Mr. Craig Todd Beazer (Age 54)
Exec. VP & Gen. Counsel
Ms. Kristen Phillips
Head of Corp. Marketing and Enterprise Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LNC Stock - 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 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LNC, but not buy additional shares or sell existing shares.
View LNC analyst ratings or view top-rated stocks.
What is Lincoln National's stock price forecast for 2022?: 9 brokerages have issued 1-year target prices for Lincoln National's shares. Their LNC share price forecasts range from $47.00 to $80.00. On average, they expect the company's share price to reach $61.90 in the next year. This suggests a possible upside of 22.8% 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 2022?: Lincoln National's stock was trading at $68.26 at the start of the year. Since then, LNC stock has decreased by 26.2% and is now trading at $50.40.
View the best growth stocks for 2022 here.
When is Lincoln National's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our LNC earnings forecast.
How were Lincoln National's earnings last quarter?: Lincoln National Co. (NYSE:LNC) issued its earnings results on Wednesday, November, 3rd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.57 by $0.95. The financial services provider had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.88 billion. Lincoln National had a trailing twelve-month return on equity of 7.82% and a net margin of 4.45%. During the same period in the previous year, the company posted ($0.72) earnings per share.
Read the conference call transcript.
How often does Lincoln National pay dividends? What is the dividend yield for Lincoln National?: Lincoln National declared a quarterly dividend on Thursday, August 11th. Stockholders of record on Monday, October 10th will be paid a dividend of $0.45 per share on Tuesday, November 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, October 6th.
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 3.52%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LNC will have a dividend payout ratio of 15.53% 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).
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 Dodge & Cox (2.52%), FMR LLC (2.37%), JPMorgan Chase & Co. (1.71%), Northern Trust Corp (1.45%), BNP Paribas Arbitrage SA (0.57%) and Millennium Management LLC (0.52%). Insiders that own company stock include Christine A Janofsky, Dennis R Glass, Ellen Cooper, John Christopher Kennedy, Kenneth S Solon, Leon E Roday, Lisa Buckingham, M Leanne Lachman, 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.
What is Lincoln National's stock price today?: One share of LNC stock can currently be purchased for approximately $50.40.
How much money does Lincoln National make?: Lincoln National (NYSE:LNC) has a market capitalization of $8.58 billion and generates $19.23 billion in revenue each year. The financial services provider earns $1.41 billion in net income (profit) each year or $4.80 on an earnings per share basis.
How many employees does Lincoln National have?: The company employs 10,848 workers across the globe.
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.
Read More
When was Lincoln National founded?: Lincoln National was founded in 1905.
How can I contact Lincoln National?: Lincoln National's mailing address is 150 N RADNOR CHESTER RD, RADNOR PA, 19087. The official website for the company is www.lfg.com. The financial services provider can be reached via phone at (484) 583-1400, via email at investorrelations@lfg.com, or via fax at 215-448-3962.

This page (NYSE:LNC) was last updated on 8/15/2022 by MarketBeat.com Staff

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Lincoln National - LNC Stock Forecast, Price & News

Lincoln National MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability