Lincoln National (LNC) to Release Quarterly Earnings on Thursday

Lincoln National (NYSE:LNC) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.87 per share and revenue of $4.72 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Lincoln National Price Performance

Shares of LNC opened at $33.92 on Tuesday. Lincoln National has a fifty-two week low of $25.09 and a fifty-two week high of $36.98. The firm’s 50-day simple moving average is $32.97 and its two-hundred day simple moving average is $32.41. The stock has a market cap of $5.78 billion, a PE ratio of 24.23, a price-to-earnings-growth ratio of 0.27 and a beta of 1.79. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.27 and a current ratio of 0.27.

Lincoln National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 10th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date was Friday, January 10th. Lincoln National’s dividend payout ratio (DPR) is presently 128.57%.

Analyst Ratings Changes

LNC has been the topic of a number of recent research reports. StockNews.com raised Lincoln National from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Wells Fargo & Company reduced their price objective on shares of Lincoln National from $29.00 to $28.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Barclays dropped their target price on shares of Lincoln National from $38.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. Finally, TD Cowen raised their price target on shares of Lincoln National from $34.00 to $37.00 and gave the company a “hold” rating in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Lincoln National presently has an average rating of “Hold” and an average price target of $33.40.

Insider Buying and Selling at Lincoln National

In other Lincoln National news, EVP John Christopher Kennedy sold 2,863 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $36.00, for a total value of $103,068.00. Following the transaction, the executive vice president now directly owns 99,644 shares in the company, valued at approximately $3,587,184. This trade represents a 2.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

Lincoln National Company Profile

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates in four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders.