4 stories mentioning LNCUpdated 34d ago
Every FINWIRES story that references LNC, newest first.
Lincoln National (LNC) has an average rating of hold and mean price target of $42.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $34.52, Change: $+0.46, Percent Change: +1.34%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target price by $5 to $38. This values LNC shares (currently yielding 5%) at 4.8x our 2027 operating EPS estimate of $7.87 (cut by $0.53) and at 5x our 2026 EPS estimate of $7.63 (lowered by $0.37), vs. LNC's three-year average forward multiple of 4.4x and the peer group average of 9x. Q1 operating EPS of $1.66 vs. $1.60, topped the $1.58 consensus but missed our $2.08 estimate. Operating revenues rose 3.4%, on 9.8% higher investment income, fractionally lower premiums, and flat fee revenues. Life insurance staged a turnaround with a $41M operating profit vs. a $16M loss. Annuity margins contracted amid 4% sales growth and net outflows of $2.2B vs. $1.7B. Group Protection profits rose 11% on favorable claim experience, while Retirement Plan Services earnings surged 26% with improved net flows. We acknowledge LNC's operational turnaround progress, but the firm remains heavily exposed to equity market fluctuations without appropriate upside growth potential to justify that risk, in our view.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:LNC posted Q1 operating EPS of $1.66 vs. $1.60, topping the $1.58 consensus but missing our $2.08 estimate. Operating revenues rose 3.4%, due to 9.8% higher investment income, while premium revenues declined fractionally and fee revenues were flat. Life insurance staged a turnaround with $41M operating profit vs. a $16M loss, aided by better investment income, lower costs, and improved mortality trends. Annuity margins contracted despite 4% sales growth, with net outflows widening to $2.2B from $1.7B. Group Protection profits rose 11% on favorable claim experience, while Retirement Plan Services earnings surged 26% with improved net flows. We acknowledge LNC's operational turnaround progress, but the firm remains heavily exposed to equity market fluctuations without appropriate upside growth potential to justify that risk, in our opinion. LNC shares' beta of 1.2 is among the highest in the life insurance peer group.
Lincoln National (LNC) has an average rating of Hold and mean price target of $42.58, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $35.24, Change: $+0.33, Percent Change: +0.95%
