Lincoln National Corporation (LNC)
Lincoln National Has One Preferred: Hold-Rated At Best
Lincoln National Corporation has maintained strong preferred dividend coverage despite recent earnings volatility and challenging interest rate conditions. LNC.PR.D preferred shares offer a current yield of 8.73% but trades above par, with a likely call by December 2027 limiting price appreciation. Preferred stock coverage is robust, with net income covering preferred dividends by 26.3x and common equity covering preferred equity by 10.5x.
Lincoln National Series D Preferred Shares: Unlocking A 7.7% YTC
Lincoln National Corp. issued high-coupon preferred shares after a severe 2022 net loss and capital strain. LNC's financials and capital ratios have improved markedly, with net income rebounding and Fitch affirming investment grade ratings. Management has begun retiring expensive preferreds via tender offers, signaling intent to call LNC.PR.D at the December 2027 call date.
Lincoln National: Why The Recovery Is Unlikely To Be Over
Lincoln National (LNC) remains a 'Buy' with a $55/share price target, reflecting 11–19% annual upside and potential for over 40% total return. LNC's capital restoration, improved RBC ratio above 420%, and robust liquidity over $900M signal a shift from repair to optimization. At ~5x P/E and 0.45x price-to-book (ex-AOCI), LNC trades at a significant discount to peers, with normalized earnings supporting a $70–$75/share fair value.
Fed Reverses Course With First Rate Hike Since 2023: 3 Insurers to Buy
RGA, LNC and TRV are poised to benefit from the Fed's first rate hike since 2023 as higher yields support insurers' investment income.
Can Lincoln National Turn Greater Capital Flexibility Into Growth?
LNC is shifting from capital rebuilding to flexibility, with stronger liquidity, lower leverage and new room to pursue growth and returns.
Lincoln National Stock Gains 25% in 3 Months: Hold or Fold?
LNC's 25% three-month gain reflects stronger annuity sales, improving Life Insurance results and capital strength, but market risks remain.
Lincoln National Restarts Buybacks After a Nearly Four-Year Pause
LNC is restarting share buybacks after nearly four years, backed by stronger capital, lower risk and about $714 million left in its program.
LNC Q2 Earnings Beat Estimates on Higher Investment Gains, Lower Costs
Lincoln beats second-quarter earnings estimates as higher investment income, lower expenses and stronger segment profitability help offset softer sales in key businesses.
Lincoln National's Reinsurance Deal Unlocks Further Upside
Lincoln National executed a transformative $5.8B reinsurance deal, improving capital efficiency and freeing up resources for higher-return products. Q2 results were strong: EPS of $2.24 beat by $0.28, revenue grew 12%, and operating income rose for the 8th consecutive quarter. LNC's capital actions, including preferred stock redemption and a secure 3.9% dividend, position it for resumed share repurchases and enhanced free cash flow.
Lincoln National Q2 Earnings Call Highlights
Lincoln National NYSE: LNC reported second-quarter adjusted operating income available to common stockholders of $439 million, or $2.24 per diluted share, as the insurer posted its eighth consecutive quarter of year-over-year adjusted operating earnings growth.
Lincoln National (LNC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Lincoln National (LNC) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lincoln National (LNC) Beats Q2 Earnings and Revenue Estimates
Lincoln National (LNC) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $2.36 per share a year ago.
