LCO Stock Chart & Stats
€36.42
€0.24(0.66%)
At close: 4:00 PM EDT
€36.42
€0.24(0.66%)
Day’s Range― - ―
52-Week Range€28.22 - €39.59
Previous CloseN/A
Volume0.00
Average Volume (3M)15.00
Market Cap
€7.63B
Enterprise Value€14.79K
Total Cash (Recent Filing)€10.16B
Total Debt (Recent Filing)€6.87B
Price to Earnings (P/E)8.9
Beta0.57
Next Earnings
Nov 04, 2026EPS Estimate
1.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.44
Shares Outstanding191,213,200
10 Day Avg. Volume11
30 Day Avg. Volume15
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€40.20Price Target Upside10.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)6.66
Revenue Forecast (FY)€17.12B
Bulls Say, Bears Say
Bulls Say
Improving Profitability And ROERecent TTM results show a durable recovery in core profitability with net income of $2.36B and ROE near 22%. Sustained higher returns on equity and positive margins support internal capital generation and pricing power across insurance and annuity lines, improving long-term earnings resilience.
Diversified Annuities Mix And Account GrowthShifting mix toward spread-based products (RILA, fixed annuities, FIAs) and rising account balances diversify revenue sources and reduce reliance on market-linked VA margins. This structural repricing of sales supports steadier spread income and lowers sensitivity to equity market swings over the medium term.
Strong Capital And Liquidity MetricsConsistently high RBC, reduced leverage to target levels and meaningful holding-company liquidity provide durable financial flexibility. This supports regulatory capital adequacy, capacity for strategic actions (M&A, buybacks, liability management) and resilience through market cycles.
Bears Say
Weak Operating And Free Cash FlowNegative and inconsistent cash conversion despite reported profitability undermines the company’s ability to fund dividends, buybacks, or de-lever without issuing capital. Persistent cash outflows force reliance on capital markets or liability management, raising execution risk over the medium term.
Material Variable Annuity Net OutflowsSizable and recurring VA outflows erode fee-bearing balances and reduce spread income over time. Sustained outflows pressure revenue stability, require higher new business to replace economics, and can increase hedging costs and operating leverage in adverse markets.
Elevated Disability Loss Ratio And PFML SeverityHigher disability and PFML claims create structural pressure on Group Protection margins and underwriting discipline. New state PFML implementations can persistently raise loss costs and require pricing, reserving or product redesigns, reducing predictability of earnings in affected lines.
Lincoln National News
LCO FAQ
What was Lincoln National’s price range in the past 12 months?
Lincoln National lowest stock price was €28.22 and its highest was €39.59 in the past 12 months.
What is Lincoln National’s market cap?
Lincoln National’s market cap is €7.63B.
When is Lincoln National’s upcoming earnings report date?
Lincoln National’s upcoming earnings report date is Nov 04, 2026 which is in 95 days.
How were Lincoln National’s earnings last quarter?
Lincoln National released its earnings results on Jul 30, 2026. The company reported €1.942 earnings per share for the quarter, beating the consensus estimate of €1.697 by €0.244.
Is Lincoln National overvalued?
According to Wall Street analysts Lincoln National’s price is currently Undervalued.
Does Lincoln National pay dividends?
Lincoln National does not currently pay dividends.
What is Lincoln National’s EPS estimate?
Lincoln National’s EPS estimate is 1.75.
How many shares outstanding does Lincoln National have?
Lincoln National has 191,213,200 shares outstanding.
What happened to Lincoln National’s price movement after its last earnings report?
Lincoln National reported an EPS of €1.942 in its last earnings report, beating expectations of €1.697. Following the earnings report the stock price went down -0.808%.
Which hedge fund is a major shareholder of Lincoln National?
Currently, no hedge funds are holding shares in DE:LCO
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
€40.20 (10.38% Upside)
€40.20 (10.38% Upside)
Blogger Sentiment
Bullish
DE:LCO Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
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
4.15%
Trailing 12-Months
Asset Growth
6.82%
Trailing 12-Months
Company Description
Lincoln National
Lincoln National Corporation (LNC) is a U.S.-based financial services company primarily involved in the insurance and retirement sectors. Operating through various subsidiaries, its operations are structured across four key divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities division provides a range of annuity products, including fixed, variable, and indexed variable options. Its Retirement Plan Services segment caters to employers, focusing predominantly on the defined contribution market. This unit delivers a suite of retirement solutions, encompassing individual and group variable and fixed annuities, alongside mutual fund-based programs. Furthermore, it offers comprehensive plan administration services such as recordkeeping, compliance verification, participant education, and trust and custodial support. The Life Insurance segment delivers various life coverage options, from term insurance to universal life products, specifically single and survivorship universal life, variable universal life, and indexed universal life policies. It also makes available critical illness and long-term care riders to enhance these plans. Finally, the Group Protection segment focuses on providing non-medical group insurance benefits and services to the employer sector. Its offerings include short-term and long-term disability, statutory disability, paid family medical leave administration, and absence management. Additionally, it offers group term life, dental, vision, accident, and critical illness coverage, all available through both employee-contributed and employer-funded schemes. Lincoln National distributes its financial products and services through an extensive network of consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediary partners. Established in 1905, Lincoln National Corporation maintains its headquarters in Radnor, Pennsylvania.
LCO Company Deck
LCO 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 DE:LCO earnings summariesLCO Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€40.20
▲(10.38% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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