Lincoln National Co. (NYSE:LNC) – Stock analysts at Langen Mcalenn raised their Q4 2017 earnings per share estimates for Lincoln National in a report issued on Tuesday. Langen Mcalenn analyst R. Glasspiegel now expects that the financial services provider will post earnings of $2.01 per share for the quarter, up from their prior estimate of $1.96. Langen Mcalenn also issued estimates for Lincoln National’s FY2018 earnings at $8.80 EPS.

Lincoln National (NYSE:LNC) last posted its earnings results on Wednesday, November 1st. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.19. Lincoln National had a net margin of 10.50% and a return on equity of 11.16%. The firm had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.62 billion. During the same period in the previous year, the business posted $1.89 EPS. The business’s revenue was down .4% compared to the same quarter last year.

LNC has been the subject of several other reports. Wells Fargo & Co set a $80.00 target price on shares of Lincoln National and gave the company a “hold” rating in a research note on Thursday, November 16th. ValuEngine cut shares of Lincoln National from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 9th. Morgan Stanley boosted their target price on shares of Lincoln National from $76.00 to $77.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. Barclays reiterated a “buy” rating and issued a $90.00 target price on shares of Lincoln National in a research note on Tuesday, January 9th. Finally, Zacks Investment Research upgraded shares of Lincoln National from a “hold” rating to a “buy” rating and set a $81.00 target price for the company in a research note on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. Lincoln National presently has an average rating of “Buy” and a consensus price target of $83.27.

Lincoln National (LNC) opened at $82.98 on Thursday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.30. Lincoln National has a 12 month low of $61.45 and a 12 month high of $85.20. The stock has a market cap of $18,055.62, a price-to-earnings ratio of 12.99, a P/E/G ratio of 1.13 and a beta of 2.01.

Large investors have recently bought and sold shares of the business. Teachers Retirement System of The State of Kentucky raised its position in Lincoln National by 84.2% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 544,208 shares of the financial services provider’s stock worth $36,777,000 after acquiring an additional 248,800 shares during the period. Zurich Insurance Group Ltd FI acquired a new position in Lincoln National during the second quarter worth $1,759,000. First Merchants Corp acquired a new position in Lincoln National during the third quarter worth $735,000. Csenge Advisory Group acquired a new position in Lincoln National during the third quarter worth $272,000. Finally, Twin Capital Management Inc. raised its position in Lincoln National by 8.5% during the third quarter. Twin Capital Management Inc. now owns 201,505 shares of the financial services provider’s stock worth $14,806,000 after acquiring an additional 15,803 shares during the period. Institutional investors own 80.35% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This is a boost from Lincoln National’s previous quarterly dividend of $0.29. This represents a $1.32 dividend on an annualized basis and a yield of 1.59%. Lincoln National’s dividend payout ratio is currently 20.66%.

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Lincoln National Company Profile

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.

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