LNC

Lincoln National Corporation NYSE

Financial Services ·Insurance - Life ·US · lfg.com

$36.92

Mkt Cap $7.1B

52w Low $31.61 34.9% of range 52w High $46.82

50d MA $35.34 200d MA $39.51

P/E (TTM) 6.3x

EV/EBITDA 3.1x

P/B 0.6x

Debt/Equity 0.6x

ROE 10.8%

P/FCF -48.7x

RSI (14) —

ATR (14) —

Beta 1.22

50d MA $35.34

200d MA $39.51

Avg Volume 2.3M

About

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 pro…

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	1M%	Guide ▲★
Feb 12, 2026	AMC	1.86	2.21	+18.8%	40.67	-0.7%	+0.5%	+2.2%	+2.9%	-1.4%	-1.9%	-17.8%	—
Oct 30, 2025	AMC	1.84	2.04	+10.9%	40.69	+0.6%	+3.2%	-0.2%	-0.9%	+0.2%	+0.4%	+0.4%	—
Jul 31, 2025	AMC	1.91	2.36	+23.6%	38.11	-2.2%	-3.3%	-0.5%	+1.8%	+3.5%	+0.4%	+12.0%	—
May 8, 2025	AMC	1.54	1.60	+3.9%	33.37	+0.2%	-0.1%	+4.9%	+6.4%	+3.4%	+2.2%	+0.2%	—
Feb 6, 2025	AMC	1.87	1.91	+2.1%	35.77	-0.9%	+3.6%	+6.0%	+7.3%	+8.8%	+9.7%	-4.5%	—
Oct 31, 2024	AMC	1.64	2.06	+25.6%	34.75	+1.3%	-3.5%	-5.3%	-5.7%	+6.0%	+1.5%	+1.4%	—
Aug 1, 2024	AMC	1.78	1.84	+3.4%	34.05	-4.9%	-11.8%	-14.4%	-13.6%	-15.1%	-14.4%	-6.9%	—
May 2, 2024	AMC	1.10	1.37	+24.5%	26.93	+2.0%	+4.3%	+7.6%	+8.2%	+8.8%	+8.6%	+23.7%	—
Feb 8, 2024	AMC	1.32	1.45	+9.8%	26.41	+0.1%	-2.9%	+3.6%	+1.6%	+3.1%	+5.9%	+3.0%	—
Nov 1, 2023	AMC	1.76	0.23	-86.9%	21.44	+4.0%	+7.8%	+14.6%	+11.1%	+7.4%	+5.3%	+12.5%	—
Aug 2, 2023	AMC	1.92	2.02	+5.2%	27.87	+3.4%	+0.5%	-3.4%	-0.8%	-1.0%	-4.4%	-6.0%	—
May 9, 2023	AMC	1.49	1.52	+2.0%	20.97	+1.8%	-3.9%	-4.9%	-8.9%	-6.6%	-7.6%	+12.0%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Apr 14	BofA Securities	Maintains	Neutral → Neutral	—	$34.91	$35.02	+0.3%	+1.3%	+3.2%	+2.7%	+5.7%	+6.4%
Apr 13	Mizuho	Maintains	Outperform → Outperform	—	$34.20	$33.86	-1.0%	+2.1%	+3.4%	+5.3%	+4.9%	+7.9%
Apr 10	Wells Fargo	Maintains	Overweight → Overweight	—	$34.89	$34.42	-1.3%	-2.0%	+0.1%	+1.3%	+3.2%	+2.8%
Apr 9	UBS	Maintains	Neutral → Neutral	—	$35.66	$35.25	-1.1%	-2.2%	-4.1%	-2.1%	-0.9%	+1.0%
Apr 8	Barclays	Maintains	Equal Weight → Equal Weight	—	$34.93	$36.46	+4.4%	+2.1%	-0.1%	-2.1%	-0.1%	+1.2%
Mar 11	Barclays	Maintains	Equal Weight → Equal Weight	—	$33.68	$33.52	-0.5%	-1.5%	-3.2%	-3.2%	-0.7%	+2.6%
Mar 9	TD Cowen	Maintains	Hold → Hold	—	$34.04	$33.05	-2.9%	-0.1%	-1.1%	-2.6%	-4.3%	-4.2%
Mar 3	Morgan Stanley	Maintains	Overweight → Overweight	—	$34.50	$33.00	-4.3%	-1.2%	+1.7%	+1.8%	-1.3%	-1.4%
Feb 25	Wells Fargo	Upgrade	Equal Weight → Overweight	—	$35.63	$36.63	+2.8%	+1.1%	+3.5%	-3.7%	-3.2%	-4.4%
Feb 23	Morgan Stanley	Maintains	Overweight → Overweight	—	$39.90	$39.57	-0.8%	-10.6%	-10.7%	-9.7%	-7.6%	-14.0%
Jan 13	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$41.88	$41.99	+0.3%	-1.6%	-0.2%	-0.9%	-2.3%	-5.1%
Dec 23	Piper Sandler	Maintains	Neutral → Neutral	—	$46.14	$46.16	+0.0%	-0.8%	-0.3%	-0.9%	-1.5%	-2.7%
Dec 15	Jefferies	Maintains	Buy → Buy	—	$45.06	$46.31	+2.8%	+0.3%	+0.5%	+0.5%	+1.8%	+2.6%
Nov 3	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$42.00	$41.31	-1.6%	-3.3%	-4.0%	-2.9%	-2.8%	-2.0%
Oct 31	UBS	Maintains	Neutral → Neutral	—	$40.69	$40.94	+0.6%	+3.2%	-0.2%	-0.9%	+0.2%	+0.4%
Oct 9	Evercore ISI	Maintains	In Line → In Line	—	$39.88	$40.35	+1.2%	+0.1%	-4.6%	-1.6%	+0.9%	-0.9%
Oct 9	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$39.88	$40.35	+1.2%	+0.1%	-4.6%	-1.6%	+0.9%	-0.9%
Oct 8	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$40.06	$40.43	+0.9%	-0.4%	-0.4%	-5.0%	-2.0%	+0.5%
Oct 8	Barclays	Maintains	Equal Weight → Equal Weight	—	$40.06	$40.43	+0.9%	-0.4%	-0.4%	-5.0%	-2.0%	+0.5%
Oct 7	Piper Sandler	Maintains	Neutral → Neutral	—	$40.25	$40.46	+0.5%	-0.5%	-0.9%	-0.8%	-5.5%	-2.5%
Oct 7	Morgan Stanley	Maintains	Overweight → Overweight	—	$40.25	$40.46	+0.5%	-0.5%	-0.9%	-0.8%	-5.5%	-2.5%
Sep 19	Morgan Stanley	Upgrade	Equal Weight → Overweight	—	$39.80	$41.32	+3.8%	+3.7%	+3.1%	+1.9%	+2.4%	+1.0%
Aug 18	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$40.57	$40.27	-0.7%	-0.9%	+0.0%	+0.8%	+0.2%	+3.4%
Aug 5	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$37.92	$38.47	+1.5%	+2.3%	+4.0%	+0.9%	+0.6%	+0.8%
Aug 4	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$36.87	$37.43	+1.5%	+2.8%	+5.2%	+7.0%	+3.8%	+3.5%
Jul 10	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$34.42	$34.18	-0.7%	-0.5%	-1.0%	+0.8%	-3.1%	-2.2%
Jul 9	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$34.98	$35.30	+0.9%	-1.6%	-2.1%	-2.6%	-0.8%	-4.6%
Jul 8	JP Morgan	Maintains	Underweight → Underweight	—	$34.28	$34.50	+0.6%	+2.0%	+0.4%	-0.1%	-0.6%	+1.2%
May 19	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$34.42	$34.00	-1.2%	-0.4%	-1.4%	-5.2%	-5.1%	-5.9%
May 9	Piper Sandler	Maintains	Neutral → Neutral	—	$33.37	$33.43	+0.2%	-0.1%	+4.9%	+6.4%	+3.4%	+2.2%
May 9	Barclays	Maintains	Equal Weight → Equal Weight	—	$33.37	$33.43	+0.2%	-0.1%	+4.9%	+6.4%	+3.4%	+2.2%
Apr 10	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$33.01	$31.22	-5.4%	-9.8%	-10.6%	-9.2%	-8.4%	-9.0%
Apr 10	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$33.01	$31.22	-5.4%	-9.8%	-10.6%	-9.2%	-8.4%	-9.0%
Apr 9	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$28.95	$30.13	+4.1%	+14.0%	+2.9%	+1.9%	+3.6%	+4.5%
Apr 2	UBS	Maintains	Neutral → Neutral	—	$36.01	$35.29	-2.0%	+3.5%	-7.4%	-16.8%	-17.0%	-19.6%
Feb 28	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$37.97	$38.10	+0.3%	+2.7%	-0.1%	-5.5%	-4.0%	-5.7%
Feb 19	Evercore ISI	Maintains	In Line → In Line	—	$38.95	$38.95	+0.0%	+0.3%	-0.5%	-3.6%	-4.0%	-4.2%
Feb 19	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$38.95	$38.95	+0.0%	+0.3%	-0.5%	-3.6%	-4.0%	-4.2%
Feb 14	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$39.23	$39.42	+0.5%	-0.4%	-0.7%	-0.4%	-1.2%	-4.3%
Feb 12	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$38.38	$38.31	-0.2%	+1.4%	+2.2%	+1.8%	+1.5%	+1.8%
Feb 7	Barclays	Maintains	Equal Weight → Equal Weight	—	$35.77	$35.44	-0.9%	+3.6%	+6.0%	+7.3%	+8.8%	+9.7%
Jan 14	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$30.76	$30.86	+0.3%	+2.4%	+6.1%	+6.3%	+7.7%	+8.2%
Jan 6	Barclays	Maintains	Equal Weight → Equal Weight	—	$32.37	$32.60	+0.7%	-1.1%	-1.8%	-3.0%	-7.1%	-5.0%
Nov 27	TD Cowen	Maintains	Hold → Hold	—	$35.36	$35.55	+0.5%	+0.3%	+0.5%	-0.4%	-1.3%	-1.2%
Oct 10	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$31.89	$31.43	-1.4%	-1.4%	+1.7%	+3.2%	+5.4%	+5.4%
Oct 8	Barclays	Maintains	Equal Weight → Equal Weight	—	$31.12	$31.18	+0.2%	+0.8%	+2.5%	+1.0%	+4.2%	+5.8%
Oct 2	Piper Sandler	Maintains	Neutral → Neutral	—	$30.90	$30.85	-0.2%	-0.9%	-1.4%	+3.0%	+0.7%	+1.6%
Aug 19	Morgan Stanley	Maintains	Equal Weight → Equal Weight	—	$31.35	$31.30	-0.2%	-0.4%	-2.0%	-1.0%	-1.1%	+0.9%
Jul 11	BofA Securities	Maintains	Neutral → Neutral	—	$31.48	$31.70	+0.7%	+1.5%	+2.3%	+4.2%	+4.2%	+4.1%
Jul 2	JP Morgan	Maintains	Underweight → Underweight	—	$31.32	$31.25	-0.2%	+0.2%	+0.5%	-1.4%	-1.8%	-1.7%

Recent Filings

8-K · 5.02 !!! Very High

Unknown — 8-K 5.02: Executive Change

Lincoln National's executive change could signal management shifts affecting operational direction and investor confidence, so shareholders should monitor whether this replacement strengthens or weakens leadership quality and strategic execution.

Apr 16

8-K

Unknown — 8-K Filing

Bank of America and Lincoln National face tightened covenant obligations under amended credit agreements, increasing refinancing risk if financial metrics deteriorate or operational issues arise.

Mar 31

S-4 !!! Very High

Lincoln National Corp. -- Merger Registration

Lincoln National Corp. secured a $500 million financing facility enabling it to issue notes to Trust I in exchange for Treasury security strips, providing liquidity flexibility.

Feb 20

8-K · 7.01 ! Medium

Lincoln National Corp. -- 8-K 7.01: Regulation FD Disclosure

Lincoln National Corporation disclosed its fourth quarter 2025 earnings supplement presentation, providing investors with detailed financial and operational metrics ahead of its earnings conference call.

Feb 12

Data updated apr 25, 2026 7:29pm · Source: massive.com