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LNC Stock Chart & Stats
$41.36
$0.53(1.30%)
At close: 4:00 PM EDT
$41.36
$0.53(1.30%)
Day’s Range― - ―
52-Week Range$32.18 - $47.67
Previous CloseN/A
Volume1.39M
Average Volume (3M)1.70M
Market Cap
$8.32B
Enterprise Value$14.79K
Total Cash (Recent Filing)$52.32B
Total Debt (Recent Filing)$6.87B
Price to Earnings (P/E)3.5
Beta0.98
Next Earnings
Nov 04, 2026EPS Estimate
2.04Next Dividend Ex-DateN/A
Dividend Yield4.29%
Share Statistics
EPS (TTM)12.00
Shares Outstanding191,447,340
10 Day Avg. Volume1,710,153
30 Day Avg. Volume1,702,440
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)0.75
Price to Sales (P/S)0.45
P/FCF Ratio-48.71
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$48.11Price Target Upside16.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)7.87
Revenue Forecast (FY)$19.74B
Bulls Say, Bears Say
Bulls Say
Sustained Operating ImprovementSeven consecutive quarters of adjusted operating-income growth indicate improving execution rather than a single-period rebound. Better Group Protection, Life and retirement results suggest earnings momentum is becoming broader and more durable.
Growing Spread-based PlatformThe shift toward spread-based annuities and growth in fixed and RILA balances can make earnings less dependent on legacy variable-annuity economics. A larger account base also supports recurring fee and spread income over time.
Strong Capital And LiquidityExcess regulatory capital, target leverage and substantial liquidity provide flexibility to absorb insurance volatility, fund operations and manage maturities. This strengthens resilience while Lincoln continues reshaping its earnings mix.
Bears Say
Weak Earnings-to-cash ConversionPersistent negative operating and free cash flow despite reported profitability raises concerns about earnings quality and funding flexibility. If the pattern continues, Lincoln may have less internally generated cash for capital actions and business investment.
Legacy Variable-annuity OutflowsSustained traditional variable-annuity withdrawals shrink assets supporting fee income and can pressure scale in a legacy product line. Although newer products are gaining traction, replacing those balances may take time and require continued distribution investment.
CFO Transition RiskA CFO departure during a strategic transition creates execution and oversight risk until a permanent successor is selected. Leadership continuity matters for capital management, financial reporting and maintaining investor confidence in the earnings-recovery plan.
Lincoln National News
LNC FAQ
What was Lincoln National’s price range in the past 12 months?
Lincoln National lowest stock price was $32.18 and its highest was $47.66 in the past 12 months.
What is Lincoln National’s market cap?
Lincoln National’s market cap is $8.32B.
When is Lincoln National’s upcoming earnings report date?
Lincoln National’s upcoming earnings report date is Nov 04, 2026 which is in 75 days.
How were Lincoln National’s earnings last quarter?
Lincoln National released its earnings results on Jul 30, 2026. The company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $1.958 by $0.282.
Is Lincoln National overvalued?
According to Wall Street analysts Lincoln National’s price is currently Undervalued.
Does Lincoln National pay dividends?
Lincoln National pays a Quarterly dividend of $0.45 which represents an annual dividend yield of 4.29%. See more information on Lincoln National dividends here
What is Lincoln National’s EPS estimate?
Lincoln National’s EPS estimate is 2.04.
How many shares outstanding does Lincoln National have?
Lincoln National has 191,447,340 shares outstanding.
What happened to Lincoln National’s price movement after its last earnings report?
Lincoln National reported an EPS of $2.24 in its last earnings report, beating expectations of $1.958. Following the earnings report the stock price went up 11.079%.
Which hedge fund is a major shareholder of Lincoln National?
Currently, no hedge funds are holding shares in LNC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lincoln National Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$48.11 (16.32% Upside)
$48.11 (16.32% Upside)
Blogger Sentiment
Bullish
LNC Sentiment 90%
Sector Average 55%
Sector Average 55%
Hedge Fund Trend
Increased
By 28.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 13.3%
Last 30 Days ▲ 13.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.74%
12-Months-Change
Fundamentals
Return on Equity
4.29%
Trailing 12-Months
Asset Growth
8.62%
Trailing 12-Months
Company Description
Lincoln National
Lincoln National Corporation (LNC) is a U.S. holding company whose primary operations are conducted through its insurance and retirement businesses. The company provides annuities and life insurance products, and offers group protection benefits such as employer-sponsored disability and other workplace-related insurance coverages. It distributes products through a mix of independent advisors/brokers, financial institutions, and employer/worksite channels.
LNC Company Deck
LNC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated a clear net-positive operational and capital story: adjusted operating income growth (16% YoY), diversified and improving business mix (notably in Group Protection, Life, FIAs and spread-based annuities), strong alternative investment returns, and solid capital and liquidity metrics (RBC >420%, leverage at 25%, holding company liquidity ~ $805M net). Near-term challenges include a GAAP net loss driven by market-related items, sizable variable annuity outflows, a higher disability loss ratio (PFML and LTD resolution impacts), a one-time tax true-up and some sequential pressure in annuity balances/fee income. Management framed these headwinds as manageable and largely expected within their strategic transition. Overall, positive execution and financial flexibility outweigh the near-term operational and market-driven headwinds.View all LNC earnings summariesLNC Stock 12 Month Forecast
Average Price Target
$48.11
▲(16.32% Upside)
Technical Analysis
CNO Financial
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Globe Life
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Brighthouse Financial
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Jackson Financial Incorporation
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F&G Annuities & Life Inc
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Ownership Overview
1.01% Insiders
20.33% Mutual Funds
20.43% Other Institutional Investors
33.20% Public Companies and
Individual Investors