Last 7 days
3.2%
Last 30 days
12.7%
Last 90 days
10.6%
Trailing 12 Months
41.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 11.9B | 0 | 0 | 0 |
2023 | 17.9B | 15.3B | 14.8B | 11.6B |
2022 | 20.0B | 20.8B | 20.2B | 18.8B |
2021 | 17.5B | 18.9B | 18.8B | 19.9B |
2020 | 17.7B | 16.9B | 17.6B | 17.4B |
2019 | 16.8B | 17.1B | 17.4B | 17.3B |
2018 | 14.4B | 14.8B | 15.6B | 16.4B |
2017 | 13.6B | 13.9B | 13.8B | 14.3B |
2016 | 13.5B | 13.4B | 13.2B | 13.3B |
2015 | 13.7B | 13.8B | 14.1B | 13.6B |
2014 | 12.3B | 12.6B | 13.0B | 13.6B |
2013 | 11.7B | 11.8B | 11.8B | 12.0B |
2012 | 10.6B | 10.7B | 11.1B | 11.5B |
2011 | 10.6B | 10.8B | 10.7B | 10.6B |
2010 | 8.9B | 9.6B | 10.1B | 10.4B |
2009 | 9.0B | 8.4B | 8.2B | 8.5B |
2008 | 0 | 9.5B | 9.4B | 9.2B |
2007 | 0 | 0 | 0 | 9.6B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 07, 2024 | solon kenneth s. | sold (taxes) | -17,192 | 29.14 | -590 | evp & chief information ofc. |
May 07, 2024 | cooper ellen | sold (taxes) | -28,032 | 29.14 | -962 | president & ceo |
May 07, 2024 | beazer craigt t | sold (taxes) | -2,156 | 29.14 | -74.00 | evp & general counsel |
May 07, 2024 | kennedy john christopher | sold (taxes) | -102,427 | 29.14 | -3,515 | evp, president lfd |
Feb 22, 2024 | reid james waltman | acquired | - | - | 1,849 | evp, pres. workplace solutions |
Feb 21, 2024 | bronchetti jayson r | acquired | - | - | 25,946 | evp, chief investment officer |
Feb 21, 2024 | cooper ellen | acquired | - | - | 128,985 | president & ceo |
Feb 21, 2024 | reid james waltman | acquired | - | - | 42,625 | evp, pres. workplace solutions |
Feb 21, 2024 | rallis andrew | acquired | - | - | 45,405 | evp, chief risk officer |
Feb 21, 2024 | cohen adam m | acquired | - | - | 9,677 | cao |
Which funds bought or sold LNC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Jaffetilchin Investment Partners, LLC | new | - | 614,890 | 614,890 | 0.06% |
May 16, 2024 | Semmax Financial Advisors Inc. | added | 6,541 | 23,206 | 23,540 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -25.65 | -901,689 | 6,628,960 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.1 | 621,805 | 5,655,380 | 0.01% |
May 16, 2024 | INNEALTA CAPITAL, LLC | new | - | 363,842 | 363,842 | 0.15% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | 4,960 | 31,930 | -% |
May 16, 2024 | Tidal Investments LLC | added | 25.6 | 318,449 | 972,364 | 0.02% |
May 16, 2024 | COMERICA BANK | reduced | -3.73 | 464,718 | 3,789,330 | 0.02% |
May 15, 2024 | Voya Investment Management LLC | added | 205 | 2,150,940 | 2,974,120 | -% |
May 15, 2024 | Saba Capital Management, L.P. | unchanged | - | 2,607,020 | 16,782,700 | 0.29% |
Unveiling Lincoln National Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Lincoln National Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.1T | 1.3B | -5.4K | 851.43 | ||||
AJG | 56.3B | 10.6B | 51.57 | 5.3 | ||||
AIG | 53.5B | 48.4B | 11.07 | 1.1 | ||||
TRV | 50.3B | 42.9B | 16.03 | 1.17 | ||||
AFL | 50.2B | 19.3B | 9.39 | 2.6 | ||||
ACGL | 37.9B | 14.4B | 7.82 | 2.63 | ||||
AFG | 11.2B | 8.0B | 12.7 | 1.4 | ||||
MID-CAP | ||||||||
UNM | 10.1B | 12.6B | 7.61 | 0.8 | ||||
AIZ | 9.1B | 11.4B | 11.93 | 0.8 | ||||
LNC | 5.1B | 11.9B | 3.81 | 0.43 | ||||
AEL | 3.9B | 3.2B | 5.55 | 1.23 | ||||
SMALL-CAP | ||||||||
BRP | 2.0B | 1.3B | -37.13 | 1.59 | ||||
AMSF | 887.3M | 308.9M | 14.38 | 2.87 | ||||
AMBC | 818.6M | 314.0M | 14.24 | 2.61 | ||||
AAME | 35.5M | 187.5M | -49.09 | 0.19 |
Lincoln National Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 488.8% | 4,116 | 699 | 4,203 | 2,929 | 3,814 | 3,841 | 4,672 | 5,577 | 4,720 | 5,229 | 5,238 | 4,862 | 4,533 | 4,135 | 5,361 | 3,517 | 4,425 | 4,344 | 4,638 | 4,310 | 3,965 |
EBITDA Margin | 324.4% | 0.16* | -0.07* | 0.05* | -0.16* | -0.11* | 0.05* | 0.09* | 0.21* | 0.20* | 0.13* | 0.09* | 0.10* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.6% | 81.00 | 81.00 | 84.00 | 84.00 | 83.00 | 78.00 | 71.00 | 68.00 | 66.00 | 67.00 | 73.00 | 65.00 | 65.00 | 66.00 | 66.00 | 84.00 | 68.00 | 72.00 | 113 | 70.00 | 71.00 |
Income Taxes | 180.7% | 306 | -379 | 181 | 91.00 | -289 | -37.00 | -350 | 192 | 353 | 146 | 50.00 | 131 | 35.00 | -53.50 | 62.00 | -67.00 | -18.00 | 49.00 | -89.00 | 58.00 | 16.00 |
Earnings Before Taxes | 194.7% | 1,528 | -1,614 | 1,034 | 602 | -1,170 | -16.00 | -2,126 | 1,032 | 1,835 | 854 | 366 | 776 | 254 | 90.00 | 460 | -161 | 34.00 | 481 | -250 | 421 | 268 |
EBT Margin | 231.6% | 0.13* | -0.10* | 0.03* | -0.18* | -0.13* | 0.04* | 0.08* | 0.20* | 0.19* | 0.11* | 0.08* | 0.08* | - | - | - | - | - | - | - | - | - |
Net Income | 198.9% | 1,222 | -1,235 | 853 | 511 | -881 | 812 | -1,776 | 840 | 1,482 | 708 | 316 | 645 | 219 | 143 | 398 | -94.00 | 52.00 | 431 | -161 | 363 | 252 |
Net Income Margin | 275.1% | 0.11* | -0.06* | 0.09* | -0.09* | -0.06* | 0.07* | 0.06* | 0.16* | 0.16* | 0.10* | 0.07* | 0.07* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 28.1% | -1,343 | -1,868 | 46.00 | 522 | -774 | 594 | 650 | 1,889 | 476 | -342 | 338 | 410 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.9% | 383,381 | 372,413 | 338,411 | 348,612 | 343,142 | 334,331 | 324,174 | 335,346 | 365,538 | 394,750 | 376,896 | 379,878 | 366,573 | 365,948 | 347,804 | 339,659 | 318,649 | 334,761 | 325,278 | 322,259 | 314,299 |
Cash Equivalents | 22.5% | 4,122 | 3,365 | 2,529 | 3,768 | 3,766 | 3,343 | 1,472 | 1,567 | 1,960 | 2,612 | 2,614 | 2,389 | 1,350 | 1,708 | 2,595 | 4,201 | 6,202 | 2,563 | 2,939 | 3,314 | 1,593 |
Goodwill | 0% | 1,144 | 1,144 | 1,144 | 1,144 | 1,144 | 1,144 | 1,144 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 | 1,778 |
Liabilities | 2.8% | 375,835 | 365,520 | 335,212 | 342,793 | 336,410 | 329,229 | 321,506 | 325,692 | 350,354 | 374,835 | 355,731 | 358,136 | 346,986 | 343,249 | 326,255 | 318,928 | 302,074 | 315,072 | 305,279 | 303,804 | 297,882 |
Shareholder's Equity | 9.5% | 7,546 | 6,893 | 3,199 | 5,819 | 6,732 | 5,102 | 2,783 | 7,065 | 6,354 | 19,915 | 21,165 | 21,742 | 19,587 | 5,082 | 21,549 | 5,081 | 3,004 | 5,162 | 19,999 | 5,241 | 2,453 |
Retained Earnings | 23.2% | 5,887 | 4,778 | 6,102 | 5,362 | 4,940 | 5,924 | 6,762 | 9,445 | 9,346 | 5,196 | 9,360 | 9,242 | 8,769 | 8,686 | 8,647 | 8,327 | 8,500 | 8,854 | 8,559 | 8,878 | 8,679 |
Shares Outstanding | 0.2% | 170 | 170 | 170 | 170 | 170 | 169 | 169 | 170 | 172 | 177 | 186 | 189 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 3,800 | - | - | - | 7,000 | - | - | - | 10,500 | - | - | - | 6,200 | - | - | - | 11,400 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 28.1% | -1,343 | -1,868 | 46.00 | 522 | -774 | 594 | 650 | 1,889 | 476 | -342 | 338 | 410 | -623 | 193 | -630 | 516 | 455 | 171 | -295 | -1,231 | -1,331 |
Cashflow From Investing | 329.6% | 1,639 | -714 | -1,438 | -857 | -325 | -1,783 | -3,115 | -4,608 | -2,140 | -1,131 | -917 | -805 | -731 | -3,036 | -3,081 | -4,106 | 742 | -3,214 | -2,226 | 1,074 | -1,133 |
Cashflow From Financing | -86.5% | 461 | 3,418 | 153 | 337 | 1,522 | 3,060 | 2,370 | 2,326 | 1,012 | 1,471 | 804 | 1,434 | 996 | 1,956 | 2,105 | 1,589 | 2,442 | 2,667 | 2,146 | 1,878 | 1,712 |
Dividend Payments | -100.0% | - | 76.00 | 76.00 | 76.00 | 77.00 | 76.00 | 77.00 | 78.00 | 79.00 | 78.00 | 80.00 | 81.00 | 80.00 | 78.00 | 77.00 | 77.00 | 79.00 | 76.00 | 74.00 | 76.00 | 77.00 |
Buy Backs | - | - | - | - | - | - | 39.00 | 23.00 | 49.00 | 400 | 736 | 119 | 59.00 | 105 | 50.00 | - | - | 225 | 178 | 84.00 | 60.00 | 150 |
Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Insurance premiums | $ 1,601 | $ 1,579 |
Fee income | 1,324 | 1,379 |
Net investment income | 1,346 | 1,466 |
Realized gain (loss) | (434) | (828) |
Amortization of deferred gain (loss) on business sold through reinsurance | (12) | 9 |
Other revenues | 291 | 209 |
Total revenues | 4,116 | 3,814 |
Expenses | ||
Benefits | 2,003 | 2,291 |
Interest credited | 822 | 785 |
Market risk benefit (gain) loss | (1,907) | 619 |
Policyholder liability remeasurement (gain) loss | (12) | (118) |
Commissions and other expenses | 1,601 | 1,324 |
Interest and debt expense | 81 | 83 |
Total expenses | 2,588 | 4,984 |
Income (loss) before taxes | 1,528 | (1,170) |
Federal income tax expense (benefit) | 306 | (289) |
Net income (loss) | 1,222 | (881) |
Other comprehensive income (loss), net of tax: | ||
Unrealized investment gain (loss) | (127) | 1,774 |
Market risk benefit non-performance risk gain (loss) | (464) | 1,025 |
Policyholder liability discount rate remeasurement gain (loss) | 116 | (202) |
Foreign currency translation adjustment | (1) | 3 |
Funded status of employee benefit plans | 1 | (2) |
Total other comprehensive income (loss), net of tax | (475) | 2,598 |
Comprehensive income (loss) | 747 | 1,717 |
Net Income (Loss) Available to Common Stockholders | ||
Net income (loss) | 1,222 | (881) |
Preferred stock dividends declared | (34) | (25) |
Deferred units of LNC stock in our deferred compensation plans | 3 | (3) |
Net income (loss) available to common stockholders | $ 1,191 | $ (909) |
Net Income (Loss) Per Common Share | ||
Basic (in dollars per share) | $ 6.98 | $ (5.35) |
Diluted (in dollars per share) | 6.93 | (5.37) |
Cash Dividends Declared Per Preferred Share (in dollars per share) | 1,718.75 | 1,254.69 |
Cash Dividends Declared Per Common Share (in dollars per share) | 0.45 | 0.45 |
Series C Preferred Stock | ||
Net Income (Loss) Per Common Share | ||
Cash Dividends Declared Per Preferred Share (in dollars per share) | 1,156.25 | 635.94 |
Series D Preferred Stock | ||
Net Income (Loss) Per Common Share | ||
Cash Dividends Declared Per Preferred Share (in dollars per share) | $ 562.50 | $ 618.75 |
Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Investments: | ||
Fixed maturity available-for-sale securities, at fair value | $ 87,764 | $ 88,738 |
Trading securities | 2,227 | 2,359 |
Equity securities | 319 | 306 |
Mortgage loans on real estate, net of allowance for credit losses | 19,266 | 18,963 |
Policy loans | 2,476 | 2,476 |
Derivative investments | 8,394 | 6,474 |
Other investments | 5,256 | 5,015 |
Total investments | 125,702 | 124,331 |
Cash and invested cash | 4,122 | 3,365 |
Deferred acquisition costs, value of business acquired and deferred sales inducements | 12,405 | 12,397 |
Reinsurance recoverables, net of allowance for credit losses | 29,461 | 29,843 |
Deposit assets, net of allowance for credit losses | 28,904 | 28,789 |
Market risk benefit assets | 4,878 | 3,894 |
Accrued investment income | 1,127 | 1,082 |
Goodwill | 1,144 | 1,144 |
Other assets | 9,413 | 9,311 |
Separate account assets | 166,225 | 158,257 |
Total assets | 383,381 | 372,413 |
Liabilities | ||
Policyholder account balances | 122,300 | 120,737 |
Future contract benefits | 38,848 | 39,864 |
Funds withheld reinsurance liabilities | 17,486 | 17,641 |
Market risk benefit liabilities | 1,266 | 1,716 |
Deferred front-end loads | 6,099 | 5,901 |
Payables for collateral on investments | 10,117 | 8,105 |
Short-term debt | 503 | 250 |
Long-term debt | 5,726 | 5,699 |
Other liabilities | 7,265 | 7,350 |
Separate account liabilities | 166,225 | 158,257 |
Total liabilities | 375,835 | 365,520 |
Contingencies and Commitments (See Note 14) | ||
Stockholders’ Equity | ||
Common stock | 4,624 | 4,605 |
Retained earnings | 5,887 | 4,778 |
Accumulated other comprehensive income (loss) | (3,951) | (3,476) |
Total stockholders’ equity | 7,546 | 6,893 |
Total liabilities and stockholders’ equity | 383,381 | 372,413 |
Series C Preferred Stock | ||
Stockholders’ Equity | ||
Preferred stock | 493 | 493 |
Series D Preferred Stock | ||
Stockholders’ Equity | ||
Preferred stock | $ 493 | $ 493 |