Lincoln National (LNC) to Release Earnings on Wednesday

Lincoln National (NYSE:LNC) will post its quarterly earnings results after the market closes on Wednesday, January 31st. Analysts expect Lincoln National to post earnings of $1.91 per share for the quarter.

Lincoln National (NYSE:LNC) last posted its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $2.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.84 by $0.19. The firm had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.62 billion. Lincoln National had a return on equity of 11.16% and a net margin of 10.50%. The business’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $1.89 EPS. On average, analysts expect Lincoln National to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of Lincoln National (LNC) opened at $82.90 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a market capitalization of $18,140.00, a price-to-earnings ratio of 12.93, a PEG ratio of 1.12 and a beta of 2.01. Lincoln National has a 52-week low of $61.45 and a 52-week high of $85.20.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 10th will be given a $0.33 dividend. This is a boost from Lincoln National’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.59%. Lincoln National’s dividend payout ratio (DPR) is presently 20.59%.

Lincoln National announced that its board has authorized a share buyback program on Friday, January 19th that allows the company to repurchase shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

A number of analysts have recently weighed in on the company. Barclays reissued a “buy” rating and issued a $90.00 price objective on shares of Lincoln National in a research report on Tuesday, January 9th. Zacks Investment Research raised Lincoln National from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a research report on Monday, January 8th. Deutsche Bank assumed coverage on Lincoln National in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $84.00 price objective for the company. JPMorgan Chase & Co. raised Lincoln National from a “neutral” rating to an “overweight” rating and set a $87.00 price objective for the company in a research report on Tuesday, January 2nd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $89.00 price objective on shares of Lincoln National in a research report on Friday, December 22nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $83.27.

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About Lincoln National

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 (NYSE:LNC)

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