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Financial Services - Insurance - Life - NYSE - US
$ 35.35
1.17 %
$ 6.02 B
Market Cap
24.72
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one LNC stock under the base case scenario is HIDDEN Compared to the current market price of 35.4 USD, Lincoln National Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LNC

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FINANCIALS
11.6 B REVENUE
-38.09%
0 OPERATING INCOME
100.00%
-752 M NET INCOME
66.23%
-2.07 B OPERATING CASH FLOW
-51.43%
-3.33 B INVESTING CASH FLOW
71.36%
5.43 B FINANCING CASH FLOW
-38.07%
4.11 B REVENUE
-14.74%
-615 M OPERATING INCOME
-172.27%
-532 M NET INCOME
-59.44%
-27 M OPERATING CASH FLOW
96.86%
-702 M INVESTING CASH FLOW
-116.81%
1.27 B FINANCING CASH FLOW
-21.35%
Balance Sheet Decomposition Lincoln National Corporation
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Current Assets 3.36 B
Cash & Short-Term Investments 3.36 B
Receivables 0
Other Current Assets 0
Non-Current Assets 1.14 B
Long-Term Investments 11.5 B
PP&E 0
Other Non-Current Assets -10.3 B
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 250 M
Other Current Liabilities -250 M
Non-Current Liabilities 366 B
Long-Term Debt 5.7 B
Other Non-Current Liabilities 360 B
EFFICIENCY
Earnings Waterfall Lincoln National Corporation
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Revenue 11.6 B
Cost Of Revenue 0
Gross Profit 11.6 B
Operating Expenses 11.7 B
Operating Income 0
Other Expenses 752 M
Net Income -752 M
RATIOS
100.00% GROSS MARGIN
100.00%
0.00% OPERATING MARGIN
0.00%
-6.46% NET MARGIN
-6.46%
-10.91% ROE
-10.91%
-0.20% ROA
-0.20%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lincoln National Corporation
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Net Income -752 M
Depreciation & Amortization 39 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital -2.93 B
Others -1.36 B
Free Cash Flow -2.07 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lincoln National Corporation
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Wall Street analysts predict an average 1-year price target for LNC of $31.8 , with forecasts ranging from a low of $24 to a high of $38 .
LNC Lowest Price Target Wall Street Target
24 USD -32.11%
LNC Average Price Target Wall Street Target
31.8 USD -10.11%
LNC Highest Price Target Wall Street Target
38 USD 7.50%
4. DIVIDEND ANALYSIS
2.06% DIVIDEND YIELD
0.45 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Lincoln National Corporation
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Sold
0-3 MONTHS
680 K USD 2
3-6 MONTHS
1.8 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
259 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 103 K USD
Kennedy John Christopher
EVP, President LFD
- 2863
36 USD
1 week ago
Nov 07, 2024
Sell 577 K USD
Woodroffe Sean
EVP, Ch Ppl Culture Comms Off
- 16164
35.67 USD
5 months ago
May 28, 2024
Sell 1.8 M USD
Woodroffe Sean
EVP, Ch Ppl Culture Comms Off
- 55127
32.57 USD
9 months ago
Feb 09, 2024
Bought 259 K USD
Ryan Owen
Director
+ 10000
25.9 USD
1 year ago
May 11, 2023
Bought 200 K USD
KELLY GARY C
Director
+ 7837.984
25.52 USD
1 year ago
Feb 16, 2023
Bought 200 K USD
KELLY GARY C
Director
+ 7168.566
27.9 USD
1 year ago
Dec 15, 2022
Sell 46.2 K USD
Kennedy John Christopher
director: EVP, President LFD
- 1500
30.79 USD
2 years ago
Nov 18, 2022
Bought 112 K USD
Connelly Deirdre P
Director
+ 3000
37.41 USD
2 years ago
May 27, 2022
Sell 2.91 M USD
GLASS DENNIS R
director:
- 50000
58.13 USD
2 years ago
May 31, 2022
Sell 2.91 M USD
GLASS DENNIS R
Director
- 50000
58.13 USD
3 years ago
Nov 11, 2021
Sell 803 K USD
Kennedy John Christopher
EVP, President LFD
- 10922
73.52 USD
3 years ago
Nov 08, 2021
Sell 4.49 M USD
Freitag Randal J
EVP & CFO
- 61430
73.05 USD
3 years ago
Nov 08, 2021
Sell 4.49 M USD
Freitag Randal J
director: EVP & CFO
- 61430
73.05 USD
3 years ago
Oct 20, 2021
Sell 11.3 M USD
GLASS DENNIS R
President & CEO
- 150000
75.08 USD
3 years ago
Sep 27, 2021
Sell 10.8 M USD
GLASS DENNIS R
President & CEO
- 150000
72.05 USD
3 years ago
Aug 06, 2021
Sell 1.27 M USD
Solon Kenneth S.
EVP & Chief Information Ofc.
- 18890
67.47 USD
3 years ago
Jun 15, 2021
Sell 96.7 K USD
Kennedy John Christopher
EVP, President LFD
- 1441
67.14 USD
3 years ago
May 18, 2021
Sell 4.58 M USD
Cooper Ellen
EVP & CIO
- 65618
69.76 USD
3 years ago
May 18, 2021
Sell 192 K USD
Cooper Ellen
EVP & CIO
- 2723
70.49 USD
3 years ago
Feb 24, 2021
Sell 3.12 M USD
Freitag Randal J
EVP & CFO
- 52198
59.68 USD
3 years ago
Feb 23, 2021
Sell 417 K USD
Janofsky Christine A
CAO
- 7413
56.25 USD
3 years ago
Dec 07, 2020
Sell 1.32 M USD
Fuller Wilford H.
President - LFGD
- 25000
52.77 USD
3 years ago
Dec 07, 2020
Sell 534 K USD
Solon Kenneth S.
EVP & Chief Information Ofc.
- 10000
53.37 USD
3 years ago
Dec 04, 2020
Sell 305 K USD
Roday Leon E
EVP & General Counsel
- 5640
54 USD
3 years ago
Dec 02, 2020
Sell 5.62 M USD
Fuller Wilford H.
director: President - LFGD
- 110375
50.95 USD
4 years ago
May 19, 2020
Bought 108 K USD
LACHMAN M LEANNE
Director
+ 3000
35.96 USD
4 years ago
Mar 13, 2020
Bought 53.6 K USD
Buckingham Lisa
director: EVP, Ch Pple Place Brand Off
+ 2000
26.82 USD
4 years ago
Mar 12, 2020
Bought 97.3 K USD
Solon Kenneth S.
EVP & Chief Information Ofc.
+ 4000
24.33 USD
4 years ago
Mar 10, 2020
Bought 13.7 K USD
GLASS DENNIS R
director: President & CEO
+ 400
34.15 USD
4 years ago
Mar 10, 2020
Bought 13.7 K USD
GLASS DENNIS R
President & CEO
+ 400
34.15 USD
4 years ago
Mar 09, 2020
Bought 49 K USD
Buckingham Lisa
EVP, Ch Pple Place Brand Off
+ 1500
32.67 USD
4 years ago
Mar 09, 2020
Bought 282 K USD
GLASS DENNIS R
President & CEO
+ 7989
35.24 USD
4 years ago
Mar 09, 2020
Bought 498 K USD
GLASS DENNIS R
President & CEO
+ 14389
34.64 USD
4 years ago
Mar 06, 2020
Bought 212 K USD
GLASS DENNIS R
President & CEO
+ 5622
37.72 USD
7. News
Lincoln National Corporation's Board of Directors Declares Quarterly Cash Dividend RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation's common stock. The dividend on the common stock will be payable February 3, 2025 to shareholders of record at the close of business on January 10, 2025. About Lincoln Financial Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December. businesswire.com - 2 days ago
Lincoln National (LNC) Is Attractively Priced Despite Fast-paced Momentum Lincoln National (LNC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. zacks.com - 1 week ago
All You Need to Know About Lincoln National (LNC) Rating Upgrade to Buy Lincoln National (LNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 week ago
LNC vs. BWIN: Which Stock Should Value Investors Buy Now? Investors looking for stocks in the Insurance - Life Insurance sector might want to consider either Lincoln National (LNC) or The Baldwin Insurance Group (BWIN). But which of these two stocks is more attractive to value investors? zacks.com - 1 week ago
Are Investors Undervaluing Lincoln National (LNC) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 week ago
Lincoln National Corporation (LNC) Hits Fresh High: Is There Still Room to Run? Lincoln National (LNC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 1 week ago
Lincoln National Q3 Earnings Beat on Strong Premiums, High Costs Ail LNC's Q3 results benefit from strong insurance premiums and a well-performing Group Protection segment. However, elevated expenses and lower investment income affect results. zacks.com - 1 week ago
Turnaround Of Lincoln National Corporation Ongoing Lincoln National Corporation is in the midst of a turnaround, recovering from significant setbacks in 2022, particularly in its Life insurance segment. The company has made strategic changes, including emphasizing Group Protection products and rethinking reinsurance, leading to improved financial metrics. With this progress, tangible book value per share in Q3 ascended past the current stock price. seekingalpha.com - 2 weeks ago
Lincoln National Corporation's Board of Directors Declares Series D Preferred Stock Dividend RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation's 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD). The dividend w. businesswire.com - 2 weeks ago
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Lincoln National Corporation On Behalf of Shareholders WILMINGTON, DE / ACCESSWIRE / October 31, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Lincoln National Corporation ("Lincoln National" or the "Company") (NYSE:LNC) on behalf of stockholders. accesswire.com - 2 weeks ago
Lincoln National (LNC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Lincoln National (LNC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
Lincoln National Corporation (LNC) Q3 2024 Earnings Call Transcript Lincoln National Corporation (NYSE:LNC ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Tina Madon - SVP, Head of IR Ellen G. Cooper - Chairman, President, and CEO Christopher Neczypor - EVP and CFO Conference Call Participants Suneet Kamath - Jefferies Elyse Greenspan - Wells Fargo Securities Daniel Bergman - TD Cowen Operator Good morning and thank you for joining Lincoln Financial's Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 2 weeks ago
8. Profile Summary

Lincoln National Corporation LNC

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COUNTRY US
INDUSTRY Insurance - Life
MARKET CAP $ 6.02 B
Dividend Yield 2.06%
Description 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.
Contact 150 North Radnor-Chester Road, Radnor, PA, 19087 https://www.lfg.com
IPO Date March 17, 1980
Employees 11024
Officers Mr. Jayson Reagan Bronchetti C.A.I.A., C.F.A. Executive Vice President, Chief Investment Officer and Head of Headging & Sustainability Mr. Adam Maxwell Cohen Senior Vice President & Chief Accounting Officer Ms. Lucy Denise Gase Senior Vice President and Head of Administrative Services & Strategic Support Ms. Tina Madon Senior Vice President & Head of Investor Relations Mr. James Waltman Reid Executive Vice President & President of Workplace Solutions Mr. Kenneth Steven Solon Executive Vice President, Chief Information Officer and Head of Digital, IT & Enterprise Services Mr. Christopher Michael Neczypor Executive Vice President & Chief Financial Officer Mr. Joseph Weider Senior Vice President & Chief Technology Officer Mr. Sean Nigel Woodroffe Executive Vice President and Chief People, Culture & Communications Officer Ms. Ellen R. Gail Cooper C.F.A., F.S.A. Chairman, President & Chief Executive Officer