Lincoln National Corp (LNC)

LNC (NYSE:Insurance) EQUITY
$56.31
neg -0.96
-1.70%
Today's Range: 56.16 - 57.23 | LNC Avg Daily Volume: 1,767,200
Last Update: 07/31/15 - 3:59 PM EDT
Volume: 2,436,359
YTD Performance: -0.69%
Open: $57.04
Previous Close: $57.27
52 Week Range: $45.25 - $62.08
Oustanding Shares: 253,021,877
Market Cap: 14,839,733,086
6-Month Chart
TheStreet Ratings Grade for LNC
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 6 6 6
Moderate Buy 1 0 0 0
Hold 7 7 6 6
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.15 2.08 2.00 2.00
Latest Dividend: 0.20
Latest Dividend Yield: 1.36%
Dividend Ex-Date: 07/08/15
Price Earnings Ratio: 10.45
Price Earnings Comparisons:
LNC Sector Avg. S&P 500
10.45 10.40 25.96
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
1.38% 8.04% 183.51%
GROWTH 12 Mo 3 Yr CAGR
Revenue 13.20 0.27 0.08
Net Income 21.80 4.01 0.70
EPS 25.40 5.05 0.81
Earnings for LNC:
EBITDA 2.26B
Revenue 13.55B
Average Earnings Estimates
Qtr (09/15) Qtr (12/15) FY (12/15) FY (12/16)
Average Estimate $1.57 $1.60 $6.05 $6.70
Number of Analysts 11 10 12 12
High Estimate $1.63 $1.65 $6.20 $7.00
Low Estimate $1.54 $1.52 $5.92 $6.55
Prior Year $1.56 $1.67 $6.03 $6.05
Growth Rate (Year over Year) 0.87% -4.37% 0.26% 10.79%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Lincoln National (LNC), a short on the Best Ideas List, had a small miss in sales and a $0.07/share miss on earnings.
I've repeatedly expressed concerns over the past 12 months about the risks of technology in an interconnected world. Remember the words above. Commit them to memory, as they're relevant to every investor after the tripling in the averages that we've seen since the Generational Bottom of 2009. Just as the "talking heads" who dismiss China, Greece, Russia and Latin America as market threats, those who dismiss computer "glitches" as non-consequential should be locked in a close
A housekeeping item: I took a portion of my "short" Trade of the Week (short Lincoln National (LNC)) off just now at $57.15, but I'm sticking with my core short.

Updates on SPXS, LNC Real Money Pro($)

I doubled up on Direxion Daily S&P500 Bear 3X ETF (SPXS) at $18.50 and pressed my Lincoln National (LNC) short at $58.85.
I have added to the following shorts: SPDR S&P 500 ETF Trust (SPY), PowerShares QQQ Trust (QQQ), Lincoln National (LNC), MetLife (MET), Apple (AAPL), and Comcast (CMCSA).

Short Lincoln National Real Money Pro($)

I expect rates to trend lower over the short term. The 10-year U.S. note yields 2.31% this morning; I expect the 2.50% peak of a few weeks ago to hold and for rates to move towards 2.10% to 2.20%. Life insurers' shares typically perform poorly when rates are declining, as reinvestment rates are challenged. Events in Greece likely will slow down the Federal Reserve's federal funds rate rise and might lead to slowing European economic growth. LNC's share price has approached the company's private market value.

Adding to 4 Short Positions Real Money Pro($)

I have added to the following shorts this morning: MetLife (MET), Lincoln National (LNC), Comcast (CMCSA) and Apple (AAPL).

Today's Trades Real Money Pro($)

Thus far I have added to the following shorts (all small transactions): SPDR S&P 500 ETF Trust (SPY) at $211.15, PowerShares QQQ Trust (QQQ) at $110.58, MetLife (MET) at $57.43  and Lincoln National (LNC) at $60.84.

Today's Trades Real Money Pro($)

I have added to these shorts: Apple (AAPL), SPDR S&P 500 (SPY) and PowerShares QQQ (QQQ). I have increased these longs: GM (GM) and Ford (F). I have reduced my Oaktree (OAK) position. I have also added to these closed-end municipal bond funds: ETX, BTT and BLE. I have added to my MetLife (MET), Lincoln National (LNC) and Comcast (CMCSA) shorts this afternoon. I am back to net short.

MET, LNC on 'Short More' List Real Money Pro($)

Contrary to my expectations, life insurance companies'  shares remain strong. MetLife (MET) and Lincoln National (LNC) reside on my Best Ideas list (short!) under the umbrella of higher rates. 

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.