Grufity logoGrufity logo

LNC

38.82USD+0.09(+0.23%)Market Closed

Lincoln National Corp

Market Summary

USD38.82+0.09Market Closed
0.23%

LNC Alerts

LNC Stock Price

RSI Chart

Valuation

Market Cap

9.2B

Price/Earnings

10.45

Price/Sales

0.47

Price/Cashflow

2.98

MarketCap/EBT

9.53

Price/Sales

Profitability

EBT Margin

4.91%

Return on Equity

9.58%

Return on Assets

0.26%

Fundamentals

Revenue

Revenue (TTM)

19.6B

Revenue Y/Y

5.22%

Revenue Q/Q

8.9%

Earnings

Earnings (TTM)

880.0M

Earnings Y/Y

-62.93%

Earnings Q/Q

128.85%

Price Action

52 Week Range

32.5974.45
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-25.5%

Last 90 days

-15.2%

Trailing 12 Months

-39.6%

Financial Health

Investor Care

Dividend Yield

3.28%

Dividend/Share (TTM)

1.77

Buy Backs (1Y)

9.42%

Diluted EPS (TTM)

4.84

Peers (Alternatives to Lincoln National)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
58.3B
68.3B
5.25% 33.46%
16.25
0.85
-1.74% -22.45%
42.6B
36.3B
3.97% 29.03%
12.71
1.18
6.01% -7.78%
39.2B
64.3B
3.43% 8.93%
18.28
0.61
-0.03% -70.63%
17.0B
14.5B
- -
-9.57
0.74
-48.49% -188.38%
12.7B
11.8B
4.13% 29.32%
16.3
1.08
5.22% -41.47%
11.1B
5.2B
7.91% 37.09%
15.65
2.14
2.88% -8.45%
MID-CAP
9.2B
19.6B
-25.49% -39.55%
10.45
0.47
3.99% -37.50%
5.4B
2.8B
3.69% 0.46%
15.91
1.93
6.71% -37.06%
4.1B
10.0B
-2.38% 11.67%
1.98
0.37
90.89% 183.87%
3.7B
1.9B
3.21% 21.35%
3.19
1.95
-48.19% 255.73%
2.4B
7.6B
8.21% 29.47%
2.94
0.31
-11.94% -27.43%
SMALL-CAP
836.6M
-
0.42% 39.44%
7.97
2.79
- -
102.2M
170.4M
-2.17% -20.99%
-5.86
0.59
2.35% 11.97%
61.0M
192.4M
-3.67% -24.94%
20.94
0.31
-8.30% -76.65%
41.4M
66.1M
0.80% 56.55%
-121.51
0.63
-2.59% 95.15%

Financials for Lincoln National

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1.3%19,63519,38219,23018,76118,881
Earnings Before Taxes-34.3%9651,4681,6381,4911,583
Net Income-31.5%8801,2841,4051,3281,408
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-8.2%335,769365,929387,301377,052380,148
    Cash Equivalents-20.1%1,5671,9602,6122,6142,389
  Goodwill0%1,7781,7781,7781,7781,778
Liabilities-7.0%326,581351,217367,029355,882358,403
Shareholder's Equity-37.5%9,18814,71220,27221,17021,745
  Retained Earnings1.2%8,9858,8769,0969,3659,245
Shares Outstanding-1.0%170172177186189
Float-10,500----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations99.9%3,0901,546151301-668.00
Cashflow From Investing-76.1%-8,798.00-4,996.00-3,567.00-5,472.00-7,635.00
Cashflow From Financing20.3%4,8864,0604,3205,1906,491
  Dividend Payments-0.9%315318319319316
  Buy Backs-3.6%1,3501,4001,105505305

Risks

What is the probability of a big loss on LNC?

76.9%


Probability that Lincoln National stock will be more than 20% underwater in next one year

45.4%


Probability that Lincoln National stock will be more than 30% underwater in next one year.

25.4%


Probability that Lincoln National stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LNC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lincoln National was unfortunately bought at previous high price.

Returns

Cumulative Returns on LNC

6.8%


10-Year Cumulative Returns

-2.5%


7-Year Cumulative Returns

-10.1%


5-Year Cumulative Returns

-8.5%


3-Year Cumulative Returns

What are the long-term rolling returns for LNC?

FIve years rolling returns for Lincoln National.

Which funds bought or sold LNC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
ADDED
35.49
125,000
583,000
0.60%
2022-11-23
Toroso Investments, LLC
REDUCED
-4.39
-25,000
217,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
158
1,000
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-10
-1,000
6,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
684,000
684,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
6.76
6,000
2,518,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-4.57
-1,417,000
12,203,000
0.02%
2022-11-18
National Pension Service
UNCHANGED
-
-234,000
4,606,000
0.01%
2022-11-17
CENTRAL TRUST Co
ADDED
100
4,000
9,000
-%
2022-11-17
IMS Capital Management
ADDED
68.34
198,000
538,000
0.37%

1–10 of 44

Latest Funds Activity

Are funds buying LNC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LNC

Lincoln National News

MarketBeat

Short Interest in Lincoln National Co. (NYSE:LNC) Expands By 6.2%.2 hours ago

Yahoo Finance

LNC Fair Value

Recent SEC filings of Lincoln National

View All Filings
Date Filed Form Type Document
Nov 29, 2022
CERT
CERT
Nov 22, 2022
8-A12B
8-A12B
Nov 22, 2022
8-K
Current Report
Nov 18, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 17, 2022
8-K
Current Report
Nov 17, 2022
424B5
Prospectus Filed
Nov 17, 2022
424B5
Prospectus Filed
Nov 15, 2022
424B5
Prospectus Filed
Nov 15, 2022
FWP
Prospectus Filed

Latest Insider Trading transactions for LNC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-18
Connelly Deirdre P
BOUGHT
112,230
37.41
3,000
-
2022-11-17
Bronchetti Jayson R
ACQUIRED
200,000
36.15
5,532.5
EVP, Chief Investment Officer
2022-08-10
Grove Matthew
ACQUIRED
-
-
69,201
EVP Head of Life Annuities LFN
2022-08-10
Reid James Waltman
ACQUIRED
-
-
33,067
EVP Head of Wrkplc Solutions
2022-06-02
Krow Jennifer Warne
SOLD (Taxes)
-49,030.6
56.88
-862
EVP, Chief People Officer
2022-05-31
GLASS DENNIS R
SOLD
-2,906,500
58.13
-50,000
-
2022-05-26
Cooper Ellen
ACQUIRED
-
-
7,480
President & CEO
2022-02-27
Krow Jennifer Warne
SOLD (Taxes)
-29,795
69.13
-431
EVP, Chief People Officer
2022-02-27
Freitag Randal J
SOLD (Taxes)
-315,025
69.13
-4,557
EVP & CFO
2022-02-27
Ohl Jamie
SOLD (Taxes)
-63,530.5
69.13
-919
EVP, President Wrkplc Sols

1–10 of 50

Dennis R. Glass
10800
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers fixed, variable, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is based in Radnor, Pennsylvania.

LNC Income Statement

2022-09-30
Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Insurance premiums$ 1,548$ 1,394$ 4,523$ 4,198
Fee income1,5271,9964,6025,258
Net investment income1,3261,5764,1084,670
Realized gain (loss)22085771(97)
Amortization of deferred gain on business sold through reinsurance1895627
Other revenues159181529571
Total revenues4,7985,24114,58914,627
Expenses    
Interest credited7227502,1252,224
Benefits5,1062,12210,5626,278
Commissions and other expenses1,3581,9063,7214,462
Interest and debt expense7173205204
Spark program expense442211857
Impairment of intangibles634 634 
Total expenses7,9354,87317,36513,225
Income (loss) before taxes(3,137)368(2,776)1,402
Federal income tax expense (benefit)(563)50(543)217
Net income (loss)(2,574)318(2,233)1,185
Other comprehensive income (loss), net of tax(4,285)(630)(15,069)(2,082)
Comprehensive income (loss)$ (6,859)$ (312)$ (17,302)$ (897)
Net Income (Loss) Per Common Share    
Basic (in dollars per share)$ (15.17)$ 1.70$ (13.01)$ 6.25
Diluted (in dollars per share)(15.17)1.68(13.06)6.19
Cash Dividends Declared Per Common Share$ 0.45$ 0.42$ 1.35$ 1.26

LNC Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Investments:  
Fixed maturity available-for-sale securities, at fair value (amortized cost: 2022 - $111,058; 2021 - $105,177; allowance for credit losses: 2022 - $18; 2021 - $19)$ 97,572$ 118,746
Trading securities3,5804,482
Equity securities427318
Mortgage loans on real estate, net of allowance for credit losses (portion at fair value: 2022 - $495; 2021 - $739)18,06617,991
Policy loans2,3472,364
Derivative investments3,6815,437
Other investments3,8204,292
Total investments129,493153,630
Cash and invested cash1,4722,612
Deferred acquisition costs and value of business acquired13,6766,081
Premiums and fees receivable583580
Accrued investment income1,2831,189
Reinsurance recoverables, net of allowance for credit losses20,04520,295
Funds withheld reinsurance assets501517
Goodwill1,1441,778
Other assets19,19118,036
Separate account assets137,295182,583
Total assets324,683387,301
Liabilities  
Future contract benefits41,71641,030
Other contract holder funds118,174111,702
Short-term debt500300
Long-term debt5,9596,325
Reinsurance-related embedded derivatives 206
Funds withheld reinsurance liabilities2,1902,118
Payables for collateral on investments6,8658,946
Other liabilities9,76713,819
Separate account liabilities137,295182,583
Total liabilities322,466367,029
Contingencies and Commitments (See Note 10)
Stockholders' Equity  
Preferred stock - 10,000,000 shares authorized
Common stock – 800,000,000 shares authorized; 169,214,493 and 177,193,515 shares issued and outstanding as of September 30, 2022, and December 31, 2021, respectively4,5344,735
Retained earnings6,3119,096
Accumulated other comprehensive income (loss)(8,628)6,441
Total stockholders' equity2,21720,272
Total liabilities and stockholders' equity$ 324,683$ 387,301