Lincoln National Stock Symbol LNC Financial Overview

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The Lincoln Memorial in Washington D.C. at Sunset
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Lincoln National is a leading insurance and financial services company with a long history dating back to 1909.

The company's stock symbol is LNC, which is widely traded on the New York Stock Exchange (NYSE).

Lincoln National offers a range of insurance products, including life insurance, annuities, and retirement solutions.

With a market capitalization of over $10 billion, Lincoln National is a significant player in the financial services industry.

Financial Performance

Lincoln National's financial performance has been a mixed bag in recent quarters. The company's cash-to-debt ratio is a healthy 1.01, indicating a strong liquidity position.

The firm's debt-to-equity ratio stands at 0.66, which is a relatively high level of debt compared to its equity. This could be a concern for investors.

Lincoln National's interest coverage ratio is 1.92, which suggests that the company has sufficient cash flow to cover its interest payments. This is a positive sign.

Here are some key financial metrics for Lincoln National:

Lincoln National's Piotroski F-Score is 3/9, which suggests that the company's financial health is mediocre. The Beneish M-Score is -1.59, indicating that the company is not likely to be involved in earnings manipulation.

Stock Plunges 21.1% in December

Credit: youtube.com, Stock Performance & Inflation - Market Update December 19, 2024

Lincoln National stock took a beating in December, plummeting 21.1% in a month that was cruel to many stocks.

December was a tough time for investors, and Lincoln National was no exception. The stock's decline was a significant blow to those who held it.

The insurance company's poor performance was partly due to huge charges it booked during its most recent quarter. These charges likely had a major impact on the company's bottom line.

Lincoln National's financial struggles led to a significant drop in its stock price. The insurer and asset manager's stock price fell 17.8% just a week later, after it was forced to scrap its 2023 buyback plan.

Stock Plummets 27.7% in November

Lincoln National's stock took a significant hit in November, plummeting 27.7% due to a brutal third-quarter earnings report.

The report was a major contributor to the stock's decline, highlighting the company's struggles in the quarter.

Lincoln National's poor performance was a stark contrast to the broader market, which saw a more modest decline.

Professional woman in red, arms crossed, in front of Remitly logo in Managua, Nicaragua.
Credit: pexels.com, Professional woman in red, arms crossed, in front of Remitly logo in Managua, Nicaragua.

In fact, the S&P index only fell by about 1% in November, compared to Lincoln National's much steeper drop.

The company's financial struggles are a concern for investors, who are closely watching the stock's performance.

Here's a brief comparison of Lincoln National's performance with the S&P index over the past year:

Lincoln National's long-term performance is a mixed bag, with the stock experiencing significant growth since its IPO.

Financial Strength

The financial strength of a company is a crucial aspect of its overall performance. It's like having a solid foundation for a house - without it, the whole structure can come crumbling down.

In the given data, we see that the company's Cash-To-Debt ratio is 1.01, which is a relatively healthy indicator of its ability to pay off its debts. This is a good sign.

On the other hand, the Equity-to-Asset ratio is 0.02, which is a low value. This suggests that the company has a high debt-to-equity ratio, making it more vulnerable to financial distress.

Credit: youtube.com, Technical Analysis - Lesson 1 Financial Strength

The Debt-to-EBITDA ratio is 9.34, which is higher than the industry average. This means the company is carrying a significant amount of debt relative to its earnings before interest, taxes, depreciation, and amortization.

Here's a summary of the key financial strength indicators:

The Piotroski F-Score is 3/9, which is a relatively low score. This suggests that the company's financial health is not as strong as it could be.

Dividend and Buy Back

When evaluating a company's financial performance, one key aspect to consider is its dividend and buyback strategy. Lincoln National Corp. offers a dividend yield of 5.56%, which is a relatively high percentage compared to other companies.

The company's dividend payout ratio is 0.32, indicating that only a small portion of its earnings are being distributed to shareholders. This suggests that Lincoln National Corp. is being conservative with its dividend payments.

Lincoln National Corp. has a history of increasing its dividend payments over time. The 3-year dividend growth rate is 3.6%, which is a moderate increase. This indicates that the company is committed to providing a stable income stream to its shareholders.

Credit: youtube.com, The Buybacks vs. Dividends Debate | Prof G Markets

The company's share buyback ratio is 4.1, which means that Lincoln National Corp. is buying back a significant portion of its outstanding shares. This can help to increase the company's earnings per share and make its stock more attractive to investors.

Here is a summary of Lincoln National Corp.'s dividend and buyback performance:

This data suggests that Lincoln National Corp. has a consistent dividend and buyback strategy in place, which can be attractive to income-seeking investors.

Past Events

Lincoln National's past events reveal a mixed bag of financial performance. The company's earnings reports have shown significant fluctuations over the years.

In Q3 2024, Lincoln National reported an actual EPS of -3.290 USD, which is a concerning sign. This was a stark contrast to their Q2 2024 earnings release, where they reported a respectable 5.110 USD EPS.

Here's a breakdown of Lincoln National's past earnings reports:

It's worth noting that the company's annual general meetings have been relatively uneventful, with no significant EPS reported.

Frequently Asked Questions

What is the stock symbol for Lincoln National Preferred?

The stock symbol for Lincoln National Preferred is LNC.PRD. This symbol is used to represent the company's preferred stock on various stock exchanges.

What is the stock symbol for Lincoln property company?

The stock symbol for Lincoln Property Company is LNC.

Is Lincoln National a buy or sell?

Lincoln National has a consensus rating of Hold, with 1 buy and 7 hold ratings from Wall Street analysts. Analysts' average price target is $37.13, suggesting a neutral outlook.

Is Lincoln Financial stock a buy?

Lincoln Financial stock has a consensus rating of Hold, with an average price target of $37.13, suggesting a neutral stance. However, with 1 buy rating out of 8 total ratings, there may be potential for growth.

What is the stock symbol for Lincoln Savings Bank?

The stock symbol for Lincoln National Corp, not Lincoln Savings Bank, is LNC.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

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