Lincoln National Corp. (LNC)

60.73
NYSE : Finance
Prev Close 60.89
Day Low/High 60.73 / 61.89
52 Wk Low/High 48.07 / 71.27
Avg Volume 1.44M
Exchange NYSE
Shares Outstanding 200.19M
Market Cap 12.19B
EPS 7.60
P/E Ratio 8.60
Div & Yield 1.48 (2.36%)

Latest News

Insurance Stocks to Play Catch Up

Higher interest rates across the curve benefit asset-sensitive companies like the banks and insurance companies. , , and (on Best Ideas List) have lagged , , and . I expect the insurance stocks to play some catch up over the last half of this year.

Curb Your Enthusiasm!

"I am trying to elevate small talk to medium talk." -- Larry David Every day at about this hour I review my trading/investing of the last 1-2 days. Upon that review I am pleased -- but I am not patting myself in the back (this is part of my process ...

More Housekeeping Items

I have covered my Lincoln National short (last week I covered MetLife short) at $77.90 and I am taking both companies off my Best Ideas List.

Offering These Shorts

While I am out this afternoon, I will be offering the following shorts (but I live slightly above the market) in the following names: Morgan Stanley , Goldman Sachs , Netflix , General Motors , Lincoln National , Caterpillar , and Action Alerts PLUS...

Going Shorter Financials

Please note that iShares Barclays 20+ Year Treasury Bond ETF  is now at the high of the day (+$0.52). The reversal in money center banks shares has been conspicuous. (Citigroup is -$4 from its premarket high). The 10-year US note yield, as expected,...

A Quick Look at Bonds

In the early-morning bond session, the yield on the 10-year U.S. note touched 2.20%. That was my short-term objective in my Trade of the Week, long ProShares UltraShort 20+ Year Treasury . (Remember, the yield closed at 2.06% last Friday).  Yesterda...

More on Financials

Steve Cortes' chart (below) exhibits the breakdown in financial stocks.   Financial stocks -- Morgan Stanley , Goldman Sachs , Bank of America , Citigroup , JPMorgan Chase , MetLife and Lincoln National -- represent my largest sector short exposure ...

My Takeaways and Observations (Late Session Edition)

"I satirize at all times, and my hyperboles are as nothing compared to the events to which they refer." - Marshall McLuhan    We are stuck in a fantasy legislative land.    Goldman Sachs gets on board with my Hurricane Harvey/Budget view.    Sell te...

Listen to What Financials, Bonds Are Saying

I wanted to piggyback on my closing comments yesterday with some additional worrisome observations on the financials and fixed-income markets:  * Banks/financials were down by about 3% on Tuesday. From The Divine Ms. M's opener this morning:   But i...

Tweet of the Day

I am short a broad list of financials: Bank of America , Citigroup , JPMorgan Chase , Goldman Sachs , Morgan Stanley , MetLife and Lincoln National .   Here is one of the reasons for this position: The gap between 2 and 10-year Treasury yields has s...

Hartford Financial Stands Out

Hartford Financial is conspicuous (in the black) against a sea of red in insurance stocks (Metropolitan Life , Lincoln National , and Prudential much lower).  

More Intel on the MetLife Brighthouse Spinoff

We had a question regarding the MetLife Brighthouse spinoff in our Comments Section this week. I responded that I didn't think it would have much of an impact on MetLife's shares (my Trade of the Week as a short along with Lincoln National ).   Citi...

These are Some of My Favorite Shorts

"Raindrops on roses And whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things"  -- Julie Andrews, My Favorite Things Here are my top ten favorite shorts (wit...

Shorting Trades of the Week

Shorting trades of the week -- Lincoln National at $69.09 and MetLife $56.17 -- now.

Let's Hope We're on a 'Trade of the Week' Roll

Let's see if this week's Trade of the Week -- short MetLife and Lincoln National -- that we outlined in today's opener can be comparable to last week's short bonds -- long ProShares UltraShort 20+ Year Treasury -- and the prior week's long Twitter (...

Trade of the Week: Short MET, LNC

* Weak organic growth, lower interest rates and risks of a stock market correction will produce continued poor life insurance return on equity (ROE) * Excessive valuations  This shortened week's "Trade of the Week" is shorting life insurance -- name...

Friday Recap

Friday's session was relatively quiet -- as expected -- with some action in the Russell rebalancing.   Once again, the Nasdaq led the S&P Index.   Banks and other financials led to the downside - with Goldman Sachs (down another -$3) and Morgan Stan...

The Long and (Mostly) Short of It

I have added to my Twitter long (my Trade of the Week). I established a small Dillard's long and I am bidding on a scale lower. I am offering more MetLife  , Lincoln National  Goldman Sachs  , Morgan Stanley  , Bank of America  , Citigroup  and JPMo...

The Market Advance Narrows

"For a day where the S&P was essentially flat, there was a lot going on beneath the surface. Just a few days ago, everyone was so excited about the rally, but I pointed out that the cumulative advance/decline line (breadth) had not made a higher hig...

Reestablishing Financial Shorts

I have reestablished my shorts in Morgan Stanley , Goldman Sachs , Metlife and Lincoln National this morning. All four stocks are on my Best Ideas List.

On the Short Side

I am above the market and offering the following on the short side today: Starbucks , Citigroup , Bank of America , JPMorgan , Morgan Stanley , Goldman Sachs , Met Life , Lincoln National and Fastenal .

My Bearish 'Trades of the Week' Grow Larger

As mentioned in my opening missive as well as in a post yesterday,  it remains my view that the uber popular bank stocks -- among them Bank of America , Citigroup  and JPMorgan Chase -- and other selected financials, such as MetLife , Lincoln Nation...

Just Wishin' and Hopin' About Hartford

"Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get you into his arms."   -- Dusty Springfield Wishin' and Hopin'  Hartford Financial's  stock price performance relative to other life insurers i...

Shorting Financials

I am putting three money center banks -- Bank of America , Citigroup and JP Morgan  -- on my Best Ideas List (short). This will make seven financials on my Best Ideas List (short) -- the others are Morgan Stanley , Goldman Sachs , MetLife and Lincol...

Rosy Financials Outlook Is a Bunch of Bull

The outlook for financial stocks appears less rosy than the bulls think. Given the 15-month low in the US Citigroup Surprise Index discussed in my opening missive this morning -- it appears that, once again, that consensus domestic economic expectat...

Takeaways and Observations

"Success breeds complacency. Complacency breeds failure. Only the paranoid survive." - Andy Grove   Perhaps this qualifies as a potential warning from "Uncle" Bob Farrell's ten lessons of investing.   Frankly, I thought dumping Ford's Fields was idi...

6 Names I'm Looking to Short

I am offering on the short side the following individual names: Fastenal , Disney , MetLife , Lincoln National , Apple  and Starbucks .   I will report later if I execute.

Some 'Value Traps' I See

"A value trap is a stock that appears to be cheap because the stock has been trading at low multiples of earnings, cash flow or book value for an extended time period. Stock traps attract investors who are looking for a bargain because these stocks ...