Key Points
- Lincoln National EVP Craig Beazer sold 17,980 shares at an average of $42.50, worth about $764,150. The sale reduced his holdings by 17.01%, leaving him with 87,702 shares.
- The company’s latest quarter included EPS of $1.72, below analysts’ $1.96 estimate, while revenue of $5.06 billion exceeded expectations of $4.97 billion.
- Lincoln National declared a quarterly dividend of $0.45 per share, equivalent to $1.80 annually and a 4.2% yield; analysts’ consensus rating was Hold, with a $48.67 average price target.
Lincoln National Corporation (NYSE:LNC - Get Free Report) EVP Craigt Beazer sold 17,980 shares of the company's stock in a transaction on Monday, November 9th. The shares were sold at an average price of $42.50, for a total transaction of $764,150.00. Following the sale, the executive vice president directly owned 87,702 shares in the company, valued at approximately $3,727,335. The trade was a 17.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Lincoln National Price Performance
LNC stock opened at $42.73 on Wednesday. Lincoln National Corporation has a 52 week low of $32.18 and a 52 week high of $47.67. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.73. The company has a fifty day simple moving average of $41.52 and a two-hundred day simple moving average of $39.04. The firm has a market capitalization of $8.14 billion, a P/E ratio of 2.64, a price-to-earnings-growth ratio of 1.21 and a beta of 1.16.
Lincoln National (NYSE:LNC - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The financial services provider reported $1.72 EPS for the quarter, missing analysts' consensus estimates of $1.96 by ($0.24). Lincoln National had a return on equity of 17.02% and a net margin of 16.36%. The business had revenue of $5.06 billion during the quarter, compared to analysts' expectations of $4.97 billion. During the same period in the previous year, the business earned $2.04 earnings per share. Analysts anticipate that Lincoln National Corporation will post 7.89 earnings per share for the current fiscal year.
Lincoln National Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 1st. Investors of record on Monday, January 11th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, January 11th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.2%. Lincoln National's dividend payout ratio (DPR) is presently 11.12%.
Lincoln National News Roundup
Here are the key news stories impacting Lincoln National this week:
- Positive Sentiment: Barclays maintained its Buy rating on Lincoln National, providing a positive analyst signal. Broader analyst views remain mixed, with the stock carrying a consensus Hold rating. Barclays rating article
- Neutral Sentiment: Lincoln Financial announced a December dividend on its preferred stock. This is a routine distribution and does not by itself indicate a change in the company’s outlook. Preferred stock dividend announcement
- Negative Sentiment: Three executive vice presidents reported selling a combined 87,914 LNC shares for about $3.53 million. James Reid sold 52,434 shares, Sean Woodroffe sold 17,500, and Craig Beazer sold 17,980; each reduced their holdings but continued to own shares. Multiple insider sales can concern investors, although the filings do not establish the motivation for the trades. Reid SEC filing Woodroffe SEC filing Beazer SEC filing
Analysts Set New Price Targets
Several brokerages have weighed in on LNC. National Bank Financial set a $49.00 price objective on Lincoln National in a research note on Wednesday, October 7th. Wells Fargo & Company raised their price objective on Lincoln National from $52.00 to $54.00 and gave the company an "overweight" rating in a research note on Monday, October 12th. TD Cowen raised their price objective on Lincoln National from $37.00 to $42.00 and gave the company a "hold" rating in a research note on Wednesday, July 22nd. UBS Group lifted their target price on Lincoln National from $44.00 to $46.00 and gave the stock a "neutral" rating in a report on Tuesday, October 6th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Lincoln National in a research report on Friday, October 30th. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $48.67.
View Our Latest Stock Report on LNC
Institutional Investors Weigh In On Lincoln National
Institutional investors have recently made changes to their positions in the company. Trust Co. of Vermont purchased a new position in shares of Lincoln National during the 2nd quarter worth about $28,000. Laurel Wealth Advisors LLC purchased a new stake in Lincoln National in the 3rd quarter worth about $34,000. Reyes Financial Architecture Inc. purchased a new stake in Lincoln National in the 3rd quarter worth about $36,000. Latitude Advisors LLC purchased a new stake in Lincoln National in the 3rd quarter worth about $40,000. Finally, Root Financial Partners LLC bought a new stake in Lincoln National in the third quarter worth about $61,000. Institutional investors own 72.81% of the company's stock.
Lincoln National Company Profile
(
Get Free Report)
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.
Further Reading

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