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LNC Stock Chart & Stats
$43.32
$0.53(1.30%)
At close: 4:00 PM EDT
$43.32
$0.53(1.30%)
Day’s Range― - ―
52-Week Range$32.18 - $47.67
Previous CloseN/A
Volume1.39M
Average Volume (3M)1.98M
Market Cap
$7.73B
Enterprise Value$14.79B
Total Cash (Recent Filing)$52.32B
Total Debt (Recent Filing)$6.87B
Price to Earnings (P/E)3.4
Beta0.98
Next Earnings
Nov 05, 2026EPS Estimate
1.96Next Dividend Ex-DateN/A
Dividend Yield4.46%
Share Statistics
EPS (TTM)12.00
Shares Outstanding191,447,340
10 Day Avg. Volume1,830,896
30 Day Avg. Volume1,981,973
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 Cap1.91
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit1.33
Enterprise Value/Ebitda4.68
Forecast
1Y Price Target
$48.20Price Target Upside11.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)7.92
Revenue Forecast (FY)$19.79B
Bulls Say, Bears Say
Bulls Say
Sustained Earnings GrowthEight consecutive quarters of year-over-year adjusted operating earnings growth indicate improving execution across Lincoln’s businesses. Sustained profitability can support capital flexibility, reinforce distribution investment, and provide a stronger foundation for more predictable earnings over the next several quarters.
Strong Capital PositionCapital levels materially above management’s RBC target and buffer provide resilience against insurance and investment volatility. Combined with leverage near the long-term target, this supports subsidiary obligations, strategic actions, and continued investment without relying solely on external financing.
Legacy Risk ReductionReinsuring a substantial portion of the legacy GUL block reduces exposure to long-duration mortality, lapse, and interest-rate risks. The transaction should make the earnings mix more manageable and improve financial flexibility, although completion remains subject to regulatory approval.
Bears Say
Weak Cash ConversionNegative operating and free cash flow despite reported profitability raises a fundamental concern about earnings conversion. If this pattern persists, Lincoln may have less internally generated capacity for capital actions, investment, and liability management, increasing reliance on balance-sheet resources.
Persistent Retirement OutflowsContinued outflows in annuities and retirement services can pressure account balances, fee income, and the scale of spread-based earnings. Although some product mix is improving, persistent runoff may limit organic growth and require higher spending to replace departing assets and contracts.
Earnings VolatilityThe sharp swing from losses in 2023 to stronger TTM profitability shows that Lincoln’s results remain sensitive to market, claims, and investment conditions. This variability makes earnings quality less predictable and complicates capital planning, performance assessment, and confidence in a steady long-term run-rate.
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 $7.73B.
When is Lincoln National’s upcoming earnings report date?
Lincoln National’s upcoming earnings report date is Nov 05, 2026 which is in 12 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 4.46%. See more information on Lincoln National dividends here
What is Lincoln National’s EPS estimate?
Lincoln National’s EPS estimate is 1.96.
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 11.077%.
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$48.20 (11.27% Upside)
$48.20 (11.27% Upside)
Blogger Sentiment
Bullish
LNC Sentiment 75%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 98.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $895.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.17%
12-Months-Change
Fundamentals
Return on Equity
21.99%
Trailing 12-Months
Asset Growth
8.62%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
LNC Company Deck
LNC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive overall. Lincoln reported its eighth consecutive quarter of year-over-year adjusted operating earnings growth, improving results across all four businesses, a major legacy-life reinsurance agreement, stronger capital flexibility, and continued progress toward higher-quality earnings and free cash flow. The main challenges were below-target alternative investment returns, lower Group Protection earnings and margin, continued annuity and Retirement Plan Services outflows, higher expenses, and the absence of announced share-repurchase timing. Highlights significantly outweighed the lowlights.View all LNC earnings summariesLNC Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$48.20
▲(11.27% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
1.02% Insiders
20.33% Mutual Funds
0.56% Other Institutional Investors
51.16% Public Companies and
Individual Investors








