Research Analysts Offer Predictions for LNC FY2026 Earnings

Lincoln National Corporation (NYSE:LNC) – Analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of Lincoln National in a note issued to investors on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz anticipates that the financial services provider will post earnings per share of $8.05 for the year. The consensus estimate for Lincoln National’s current full-year earnings is $7.93 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.75 EPS and FY2028 earnings at $9.80 EPS.

LNC has been the subject of a number of other reports. Mizuho decreased their price target on Lincoln National from $53.00 to $49.00 and set an “outperform” rating for the company in a report on Wednesday, October 7th. JPMorgan Chase & Co. dropped their price objective on shares of Lincoln National from $49.00 to $47.00 and set an “underweight” rating on the stock in a research note on Thursday. Wells Fargo & Company raised their price objective on shares of Lincoln National from $52.00 to $54.00 and gave the stock an “overweight” rating in a research note on Monday. Barclays lifted their target price 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, National Bank Financial set a $49.00 target price on shares of Lincoln National in a research note on Wednesday, October 7th. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lincoln National presently has an average rating of “Hold” and an average target price of $48.67.

Lincoln National Stock Down 0.6%

Lincoln National stock opened at $39.97 on Friday. The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 3.46, a price-to-earnings-growth ratio of 1.36 and a beta of 1.16. Lincoln National has a 52 week low of $32.18 and a 52 week high of $47.67. The business’s 50-day moving average price is $42.68 and its 200 day moving average price is $39.37. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.62.

Lincoln National (NYSE:LNC) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.28. Lincoln National had a return on equity of 17.35% and a net margin of 12.21%. The business had revenue of $4.93 billion during the quarter, compared to analysts’ expectations of $4.89 billion. During the same quarter in the previous year, the firm posted $2.36 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis.

Lincoln National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, October 9th. This represents a $1.80 dividend on an annualized basis and a yield of 4.5%. Lincoln National’s dividend payout ratio is currently 15.60%.

Insider Buying and Selling at Lincoln National

In other Lincoln National news, EVP Sean Woodroffe sold 11,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $45.28, for a total transaction of $498,080.00. Following the transaction, the executive vice president directly owned 119,947 shares of the company’s stock, valued at $5,431,200.16. This trade represents a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary Kelly sold 15,007 shares of Lincoln National stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $26.50, for a total transaction of $397,685.50. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.03% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bain Capital Prairie LLC acquired a new stake in Lincoln National in the 4th quarter worth about $835,360,000. Dimensional Fund Advisors LP increased its stake in Lincoln National by 24.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,755,506 shares of the financial services provider’s stock worth $275,304,000 after buying an additional 1,522,179 shares in the last quarter. State Street Corp raised its holdings in shares of Lincoln National by 3.6% during the second quarter. State Street Corp now owns 6,106,302 shares of the financial services provider’s stock valued at $215,858,000 after acquiring an additional 215,007 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Lincoln National by 3.9% during the first quarter. Jennison Associates LLC now owns 3,823,152 shares of the financial services provider’s stock valued at $135,722,000 after acquiring an additional 141,994 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Lincoln National during the second quarter valued at approximately $63,112,000. 72.81% of the stock is owned by hedge funds and other institutional investors.

About Lincoln National

Lincoln National Corporation, operating under the Lincoln Financial Group brand, is a financial services company that provides insurance and retirement solutions primarily in the United States. Its businesses serve individuals, families, employers and institutions through a portfolio of life insurance, annuities and workplace benefit products.

The company’s offerings include term and permanent life insurance, variable and fixed annuities, and retirement plan services designed to support income and financial planning needs.