Lincoln National Corporation is set to release its latest quarterly earnings on Wednesday, May 6th, with a consensus estimate of $1.63 per share.
Today, LNC is trading at $37.68, up by 11 cents (0.293%) from the previous close. The trading volume is $415,345, representing a 17.79% increase relative to the average volume.
In the most recent earnings report on Wednesday, February 11th, LNC reported earnings per share of $2.21, surpassing the consensus estimate of $1.86. The company demonstrated robust performance with a net income of $754 million.
LNC offers a forward dividend yield of 4.78%, with a dividend per share of 45 cents on a trailing twelve-month basis. The company's dividend per share over the year remained stable at $2.25.
The company's cash flow indicates a net change of -$1.17 billion, primarily driven by debt repayment of -$493 million. LNC ended the period with $9.50 billion in cash.
LNC generated revenues of $4.92 billion, resulting in a gross profit of $3.00 billion. The company reported an operating income of $915 million and a net income of $754 million, translating to an earnings per share of $3.9.
Key financial ratios include a net profit margin of 15.32%, return on equity of 6.91%, and a price-to-earnings ratio of 2.82, indicating strong profitability and investor confidence.
With total assets of $417.20 billion and total liabilities of $406.30 billion, LNC maintains a robust financial position, supported by significant investments and a healthy cash reserve.
This comprehensive overview showcases LNC's financial stability and strong performance in the face of market challenges. Investors may find the stock appealing given its solid earnings and balanced financial structure.
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers fixed, variable, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is based in Radnor, Pennsylvania.