Lincoln National Corporation (NYSE:LNC – Free Report) – Analysts at DOWLING & PARTN decreased their FY2026 earnings per share estimates for shares of Lincoln National in a research report issued on Tuesday, November 10th. DOWLING & PARTN analyst J. Hurwitz now expects that the financial services provider will earn $7.75 per share for the year, down from their previous forecast of $8.05. The consensus estimate for Lincoln National’s current full-year earnings is $7.89 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.65 EPS and FY2028 earnings at $9.70 EPS.
Lincoln National (NYSE:LNC – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.24). The company had revenue of $5.06 billion during the quarter, compared to analyst estimates of $4.97 billion. Lincoln National had a net margin of 16.36% and a return on equity of 17.02%. During the same period in the prior year, the business earned $2.04 EPS.
Several other analysts have also recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Lincoln National from $54.00 to $53.00 and set an “overweight” rating on the stock in a report on Thursday. UBS Group boosted their price target on shares of Lincoln National from $44.00 to $46.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th. Bank of America reissued a “neutral” rating and issued a $47.00 price objective on shares of Lincoln National in a research report on Thursday, July 30th. Barclays raised their price objective on shares of Lincoln National from $45.00 to $48.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lincoln National in a research report on Friday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lincoln National currently has an average rating of “Hold” and an average target price of $48.58.
Get Our Latest Stock Analysis on LNC
Lincoln National Stock Performance
Shares of Lincoln National stock opened at $41.79 on Friday. The business has a 50-day simple moving average of $41.47 and a 200-day simple moving average of $39.06. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.25 and a current ratio of 0.25. Lincoln National has a one year low of $32.18 and a one year high of $47.67. The company has a market cap of $7.96 billion, a PE ratio of 2.58, a P/E/G ratio of 1.20 and a beta of 1.16.
Institutional Trading of Lincoln National
Several institutional investors have recently modified their holdings of LNC. Bank of New York Mellon Corp purchased a new position in shares of Lincoln National in the 2nd quarter valued at $63,112,000. Dimensional Fund Advisors LP lifted its position in Lincoln National by 24.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,755,506 shares of the financial services provider’s stock valued at $275,304,000 after acquiring an additional 1,522,179 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Lincoln National by 509.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 683,040 shares of the financial services provider’s stock valued at $24,248,000 after acquiring an additional 570,884 shares during the last quarter. Quantinno Capital Management LP lifted its position in Lincoln National by 223.2% in the first quarter. Quantinno Capital Management LP now owns 583,257 shares of the financial services provider’s stock valued at $20,706,000 after acquiring an additional 402,783 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Lincoln National by 40.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,072,305 shares of the financial services provider’s stock valued at $42,603,000 after acquiring an additional 306,999 shares in the last quarter. Hedge funds and other institutional investors own 72.81% of the company’s stock.
Insider Transactions at Lincoln National
In other Lincoln National news, EVP Craigt T. Beazer sold 17,980 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $42.50, for a total value of $764,150.00. Following the transaction, the executive vice president directly owned 87,702 shares in the company, valued at $3,727,335. This represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP James Reid sold 52,434 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $39.26, for a total transaction of $2,058,558.84. Following the completion of the transaction, the executive vice president owned 129,533 shares in the company, valued at $5,085,465.58. This represents a 28.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 98,914 shares of company stock valued at $4,024,989. Corporate insiders own 1.03% of the company’s stock.
Lincoln National Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 1st. Stockholders of record on Monday, January 11th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, January 11th. Lincoln National’s dividend payout ratio (DPR) is 11.12%.
About Lincoln National
Lincoln National Corporation, operating as Lincoln Financial Group, is a financial services and insurance company whose businesses focus on protecting income and helping individuals and employers plan for financial needs. Its offerings include life insurance, annuities, workplace benefits and retirement plan services. The company serves individuals, employers and retirement plan participants primarily in the United States. Its workplace protection products include benefits such as disability and life insurance, while its retirement services support employers and employees with workplace savings plans.
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