Lincoln National Corporation (NYSE:LNC) will announce its earnings results after the market closes on Wednesday, August 2nd. Analysts expect the company to announce earnings of $1.73 per share for the quarter.

Lincoln National Corporation (NYSE:LNC) last released its quarterly earnings data on Wednesday, May 3rd. The financial services provider reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.30. Lincoln National Corporation had a net margin of 10.43% and a return on equity of 10.70%. The company had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter last year, the company earned $1.25 earnings per share. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts expect Lincoln National Corporation to post $7.31 EPS for the current fiscal year and $7.59 EPS for the next fiscal year.

Lincoln National Corporation (LNC) traded up 1.69% during mid-day trading on Thursday, reaching $72.72. 729,839 shares of the company’s stock were exchanged. Lincoln National Corporation has a 52 week low of $42.24 and a 52 week high of $73.31. The company’s 50 day moving average price is $68.79 and its 200-day moving average price is $67.66. The company has a market capitalization of $16.31 billion, a P/E ratio of 11.93 and a beta of 1.98.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 1st. Stockholders of record on Monday, July 10th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Thursday, July 6th. Lincoln National Corporation’s dividend payout ratio (DPR) is currently 19.14%.

LNC has been the subject of several research analyst reports. Bank of America Corporation set a $78.00 target price on Lincoln National Corporation in a research note on Tuesday, July 4th. Zacks Investment Research upgraded Lincoln National Corporation from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Monday, June 5th. Keefe, Bruyette & Woods restated a “hold” rating on shares of Lincoln National Corporation in a research note on Monday, June 26th. BidaskClub upgraded Lincoln National Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, Wells Fargo & Company restated a “hold” rating on shares of Lincoln National Corporation in a research note on Thursday, June 8th. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Lincoln National Corporation has a consensus rating of “Buy” and an average price target of $72.60.

In other Lincoln National Corporation news, Director Michael F. Mee sold 30,173 shares of the stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $68.32, for a total value of $2,061,419.36. Following the sale, the director now directly owns 6,336 shares of the company’s stock, valued at $432,875.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Isaiah Tidwell sold 13,946 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $65.04, for a total value of $907,047.84. The disclosure for this sale can be found here. Insiders sold 57,693 shares of company stock worth $3,899,915 over the last ninety days. 1.41% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “Lincoln National Corporation (LNC) to Release Quarterly Earnings on Wednesday” was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/07/27/lincoln-national-corporation-lnc-to-release-quarterly-earnings-on-wednesday.html.

About Lincoln National Corporation

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. The Company operates through four segments: Annuities segment, which offers fixed (including indexed) and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan products and services; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

Earnings History for Lincoln National Corporation (NYSE:LNC)

Receive News & Ratings for Lincoln National Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln National Corporation and related companies with MarketBeat.com's FREE daily email newsletter.