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Lincoln National Corporation LNC

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42.77 USD -0.21 (-0.49%)

At closeNov 10, 2026, 4:00 PM EST

43.04 +0.27 +0.63%

After hours · Nov 10, 4:00 PM ET

42.38 Day range 43.06
32.18 52-week range 47.67
YTD
-3.95%
1 year
+4.14%
Market cap
8.14B
Revenue (ttm)
19.53B
Profit margin
16.96%
EPS (ttm)
16.38
Shares out
190.42M
P/E ratio
2.61
Forward P/E
4.90
Dividend
1.80 (4.33%)
Ex-dividend date
Oct 8, 2026
YTD return
-3.95%
1-year return
+4.14%
Volume
1.70M
Avg volume
2.00M
Open
42.85
Previous close
42.98
Day's range
42.38 – 43.06
52-week range
32.18 – 47.67
Beta
1.14
Analysts
Hold
Price target
48.08 (+12.4%)
Earnings date
Feb 11, 2027

5D -0.04 (-0.09%)

4042WedThuFriMonTue42.77

Key statistics

Enterprise value
-29.47B
PEG ratio
1.01
Price / sales
0.42
Price / book
0.92
Dividend yield
4.19%
Payout ratio
10.99%
Revenue growth
16.60%
Free cash flow
4.51B
Total cash
44.65B
Total debt
6.44B
Return on equity
33.34%
Short % of float
0.00%
50-day average
41.52
200-day average
39.00

Financials — quick view

All financials
LNC Revenue — quarterly 5.48B
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
LNC Net income — quarterly 1.40B
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026
LNC EPS — quarterly 6.90
2022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 20262026-Q3 2026

Earnings

LNC recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 11, 2027Dec 30, 20262.06———
Nov 5, 2026Sep 30, 20261.961.72-0.24-12.24%
Jul 30, 2026Jun 30, 20261.962.24+0.28+14.29%
May 7, 2026Mar 31, 20261.581.66+0.08+5.06%
Feb 12, 2026Dec 31, 20251.862.21+0.35+18.82%
Oct 30, 2025Sep 30, 20251.842.04+0.20+10.87%

Upgrades / downgrades

LNC analyst upgrades and downgrades
DateFirmActionFromTo
Oct 15, 2026JP MorganmainUnderweightUnderweight
Oct 12, 2026Wells FargomainOverweightOverweight
Oct 9, 2026Keefe, Bruyette & WoodsmainOutperformOutperform
Oct 7, 2026MizuhomainOutperformOutperform
Oct 7, 2026BarclaysmainOverweightOverweight
Oct 7, 2026Evercore ISI GroupmainIn-LineIn-Line

About Lincoln National Corporation

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.

Sector
Financial Services
Industry
Insurance - Life
Country
United States

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Insider holders

LNC insider holders
InsiderRelationLatest transactionDateShares held
BEAZER CRAIGT TGeneral CounselSaleJun 4, 2026103,906
BRONCHETTI JAYSON RChief Investment OfficerStock Award(Grant)Feb 18, 202587,139
COHEN ADAM MChief Financial OfficerStock Award(Grant)Aug 23, 202671,375
COOPER ELLEN GChief Executive OfficerStock Award(Grant)Feb 18, 2026768,244
KENNEDY JOHN CHRISTOPHEROfficerStock Award(Grant)Feb 18, 2026160,404
KROLL BRIANOfficerStock Award(Grant)Feb 18, 202670,536

Institution ownership

LNC institution ownership
Holder% heldSharesValueReported
Bain Capital Prairie, LLC9.85%18,759,497802.16MJun 29, 2026
Blackrock Inc.9.75%18,561,962793.71MJun 29, 2026
Vanguard Portfolio Management LLC5.48%10,427,206445.87MJun 29, 2026
Dimensional Fund Advisors LP4.75%9,037,930386.46MSep 29, 2026
Vanguard Capital Management LLC4.38%8,347,042356.92MJun 29, 2026
Massachusetts Financial Services Co.3.35%6,373,067272.51MJun 29, 2026

Fund ownership

LNC fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF4.49%8,547,054365.47MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.18%6,062,558259.23MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.30%4,386,827187.58MJun 29, 2026
iShares Trust-iShares Select Dividend ETF1.51%2,877,045123.02MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund1.46%2,777,896118.78MJun 29, 2026
MFS SERIES TRUST XI-MFS Mid Cap Value Fund1.44%2,733,359116.88MJun 29, 2026