What is DOWLING & PARTN’s Estimate for LNC FY2026 Earnings?

Lincoln National Corporation (NYSE:LNC) – Investment analysts at DOWLING & PARTN issued their FY2026 EPS estimates for Lincoln National in a note issued to investors on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will earn $8.05 per share for the year. The consensus estimate for Lincoln National’s current full-year earnings is $7.93 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.75 EPS and FY2028 earnings at $9.80 EPS.

Other analysts also recently issued research reports about the stock. Weiss Ratings upgraded shares of Lincoln National from a “hold (c)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Morgan Stanley decreased their target price on shares of Lincoln National from $50.00 to $47.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. National Bank Financial set a $49.00 target price on Lincoln National in a report on Wednesday, October 7th. TD Cowen boosted their target price on Lincoln National from $37.00 to $42.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. dropped their price target on Lincoln National from $49.00 to $47.00 and set an “underweight” rating for the company in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $48.67.

Lincoln National Stock Performance

LNC opened at $39.97 on Friday. Lincoln National has a twelve month low of $32.18 and a twelve month high of $47.67. The firm has a market capitalization of $7.65 billion, a PE ratio of 3.46, a PEG ratio of 1.36 and a beta of 1.16. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $42.68 and its 200 day moving average price is $39.37.

Lincoln National (NYSE:LNC) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $2.24 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.28. The firm had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.89 billion. Lincoln National had a net margin of 12.21% and a return on equity of 17.35%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $2.36 earnings per share.

Hedge Funds Weigh In On Lincoln National

A number of hedge funds have recently modified their holdings of the business. Bain Capital Prairie LLC acquired a new stake in shares of Lincoln National during the 4th quarter worth about $835,360,000. Dimensional Fund Advisors LP raised its holdings in Lincoln National by 24.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,755,506 shares of the financial services provider’s stock valued at $275,304,000 after buying an additional 1,522,179 shares during the period. State Street Corp lifted its position in Lincoln National by 3.6% in the second quarter. State Street Corp now owns 6,106,302 shares of the financial services provider’s stock valued at $215,858,000 after buying an additional 215,007 shares during the last quarter. Jennison Associates LLC lifted its position in Lincoln National by 3.9% in the first quarter. Jennison Associates LLC now owns 3,823,152 shares of the financial services provider’s stock valued at $135,722,000 after buying an additional 141,994 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Lincoln National during the second quarter worth about $63,112,000. 72.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lincoln National

In related news, Director Gary Kelly sold 15,007 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $26.50, for a total value of $397,685.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sean Woodroffe sold 11,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $45.28, for a total value of $498,080.00. Following the sale, the executive vice president directly owned 119,947 shares of the company’s stock, valued at approximately $5,431,200.16. This trade represents a 8.40% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.03% of the company’s stock.

Lincoln National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be issued a $0.45 dividend. The ex-dividend date is Friday, October 9th. This represents a $1.80 dividend on an annualized basis and a yield of 4.5%. Lincoln National’s dividend payout ratio is currently 15.60%.

Lincoln National Company Profile

Lincoln National Corporation, operating under the Lincoln Financial Group brand, is a financial services company that provides insurance and retirement solutions primarily in the United States. Its businesses serve individuals, families, employers and institutions through a portfolio of life insurance, annuities and workplace benefit products.

The company’s offerings include term and permanent life insurance, variable and fixed annuities, and retirement plan services designed to support income and financial planning needs.