FY2026 EPS Forecast for Lincoln National Boosted by Analyst

Lincoln National Corporation (NYSE:LNC) – Equities researchers at DOWLING & PARTN lifted their FY2026 earnings estimates for Lincoln National in a research note issued to investors on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will earn $7.90 per share for the year, up from their previous forecast of $7.80. The consensus estimate for Lincoln National’s current full-year earnings is $7.74 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.60 EPS and FY2028 earnings at $9.75 EPS.

Lincoln National (NYSE:LNC) last issued its quarterly earnings results on Thursday, May 7th. The financial services provider reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. Lincoln National had a net margin of 9.17% and a return on equity of 18.07%. The business had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.93 billion. During the same quarter last year, the business posted $1.60 earnings per share. Lincoln National’s revenue for the quarter was up 13.1% compared to the same quarter last year.

LNC has been the topic of several other research reports. National Bank Financial set a $51.00 price target on Lincoln National in a report on Thursday, July 9th. UBS Group lifted their price target on shares of Lincoln National from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Jefferies Financial Group increased their price objective on shares of Lincoln National from $56.00 to $57.00 and gave the company a “buy” rating in a report on Friday. Weiss Ratings lowered shares of Lincoln National from a “buy (b-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Keefe, Bruyette & Woods increased their price target on Lincoln National from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Monday. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $44.79.

Lincoln National Stock Up 1.1%

NYSE LNC opened at $41.28 on Wednesday. The stock has a market capitalization of $7.89 billion, a P/E ratio of 4.79, a price-to-earnings-growth ratio of 2.61 and a beta of 1.17. Lincoln National has a 52 week low of $32.18 and a 52 week high of $46.82. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.25 and a current ratio of 0.25. The stock has a fifty day moving average of $36.42 and a 200-day moving average of $37.66.

Lincoln National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, July 10th. Lincoln National’s dividend payout ratio is presently 20.88%.

Insiders Place Their Bets

In other news, EVP Craigt T. Beazer sold 30,000 shares of Lincoln National stock in a transaction on Friday, June 5th. The shares were sold at an average price of $34.45, for a total transaction of $1,033,500.00. Following the transaction, the executive vice president directly owned 103,906 shares of the company’s stock, valued at $3,579,561.70. This trade represents a 22.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.03% of the company’s stock.

Institutional Trading of Lincoln National

Hedge funds have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB lifted its holdings in Lincoln National by 1.5% during the second quarter. Handelsbanken Fonder AB now owns 52,500 shares of the financial services provider’s stock worth $1,856,000 after acquiring an additional 800 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Lincoln National by 1.5% during the second quarter. Wealthcare Advisory Partners LLC now owns 30,999 shares of the financial services provider’s stock worth $1,096,000 after acquiring an additional 454 shares during the period. Focus Financial Network Inc. grew its holdings in shares of Lincoln National by 8.5% during the second quarter. Focus Financial Network Inc. now owns 7,643 shares of the financial services provider’s stock worth $270,000 after buying an additional 600 shares in the last quarter. CoreCap Advisors LLC lifted its position in Lincoln National by 935.2% during the 2nd quarter. CoreCap Advisors LLC now owns 1,853 shares of the financial services provider’s stock worth $66,000 after buying an additional 1,674 shares in the last quarter. Finally, Eastern Bank grew its stake in shares of Lincoln National by 45.7% in the second quarter. Eastern Bank now owns 1,865 shares of the financial services provider’s stock valued at $66,000 after buying an additional 585 shares in the last quarter. Institutional investors and hedge funds own 72.81% of the company’s stock.

About Lincoln National

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.