DOWLING & PARTN Has Bullish Forecast for LNC FY2026 Earnings

Lincoln National Corporation (NYSE:LNC) – Investment analysts at DOWLING & PARTN boosted their FY2026 earnings per share estimates for shares of Lincoln National in a research note issued on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now expects that the financial services provider will post earnings of $7.90 per share for the year, up from their previous forecast of $7.80. The consensus estimate for Lincoln National’s current full-year earnings is $7.73 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.60 EPS and FY2028 earnings at $9.75 EPS.

Several other brokerages have also commented on LNC. UBS Group increased their price target on shares of Lincoln National from $39.00 to $44.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Barclays raised shares of Lincoln National from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $42.00 to $45.00 in a research note on Monday, July 6th. National Bank Financial set a $51.00 target price on shares of Lincoln National in a research report on Thursday, July 9th. Jefferies Financial Group raised their target price on Lincoln National from $56.00 to $57.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Morgan Stanley cut their target price on Lincoln National from $43.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $44.79.

Lincoln National Price Performance

NYSE LNC opened at $41.88 on Wednesday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $8.01 billion, a PE ratio of 4.86, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. Lincoln National has a 12-month low of $32.18 and a 12-month high of $46.82. The company has a 50 day moving average price of $36.60 and a two-hundred day moving average price of $37.60.

Lincoln National (NYSE:LNC) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.93 billion. Lincoln National had a return on equity of 18.07% and a net margin of 9.17%.The firm’s revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.60 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LNC. Insight Inv LLC lifted its position in Lincoln National by 0.5% during the 4th quarter. Insight Inv LLC now owns 48,127 shares of the financial services provider’s stock worth $2,143,000 after acquiring an additional 250 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Lincoln National by 6.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 4,110 shares of the financial services provider’s stock valued at $185,000 after purchasing an additional 252 shares during the last quarter. CWM LLC grew its position in shares of Lincoln National by 2.1% in the fourth quarter. CWM LLC now owns 12,397 shares of the financial services provider’s stock valued at $552,000 after purchasing an additional 255 shares during the last quarter. Evergreen Capital Management LLC increased its stake in shares of Lincoln National by 3.2% in the second quarter. Evergreen Capital Management LLC now owns 8,815 shares of the financial services provider’s stock worth $305,000 after purchasing an additional 275 shares during the period. Finally, Integrated Advisors Network LLC increased its stake in shares of Lincoln National by 3.3% in the first quarter. Integrated Advisors Network LLC now owns 8,677 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 279 shares during the period. 72.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lincoln National

In other news, EVP Craigt T. Beazer sold 30,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.45, for a total value of $1,033,500.00. Following the completion of the sale, the executive vice president directly owned 103,906 shares in the company, valued at approximately $3,579,561.70. The trade was a 22.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.03% of the company’s stock.

Lincoln National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.3%. Lincoln National’s dividend payout ratio (DPR) is currently 20.88%.

Lincoln National Company Profile

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.