Lincoln National Stock Intrinsic Value – LINCOLN NATIONAL Reports Earnings for Second Quarter of Fiscal Year 2023
August 14, 2023
🌥️Earnings Overview
For the second quarter of their fiscal year 2023, LINCOLN NATIONAL ($NYSE:LNC) reported a total revenue of USD 2935.0 million, a decrease of 42.5% compared to the same quarter of the previous year. Surprisingly, the company achieved a 114.7% increase in net income to USD 511.0 million.
Stock Price
The stock opened at $28.8 and closed the day at $28.0, up by 0.5% from its prior closing price of 27.9 on Wednesday. This marks LINCOLN NATIONAL‘s fourth consecutive quarter of positive earnings. The company also revealed that it has experienced strong growth in its investments portfolio due to an increase in global equity markets and the continued rise of the US dollar. Additionally, LINCOLN NATIONAL has seen positive results from its efforts to diversify its investments across different asset classes. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lincoln National. More…
| Total Revenues | Net Income | Net Margin |
| 15.39k | -4.95k | -28.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lincoln National. More…
| Operations | Investing | Financing |
| 1.42k | -6.08k | 6.86k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lincoln National. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 348.61k | 342.79k | 34.3 |
Key Ratios Snapshot
Some of the financial key ratios for Lincoln National are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.1% | – | -38.5% |
| FCF Margin | ROE | ROA |
| 9.2% | -59.1% | -1.1% |
Analysis – Lincoln National Stock Intrinsic Value
At GoodWhale, we recently performed a comprehensive analysis of LINCOLN NATIONAL’s wellbeing. Using our proprietary Valuation Line, we determined that the intrinsic value of LINCOLN NATIONAL’s shares is currently around $44.7. This means that LINCOLN NATIONAL’s stock is currently trading at $28.0, undervalued by 37.4%. This represents a great opportunity for potential investors to purchase LINCOLN NATIONAL’s shares at what we consider to be a discount. More…
Peers
Lincoln National Corp and its competitors, AMFI Corp, Pekin Life Insurance Co, and Hanwha Life Insurance Co Ltd, are all vying for a share of the life insurance market. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which one is right for them.
– AMFI Corp ($OTCPK:AFIPA)
Pekin Life Insurance Co has a market cap of 159.59M as of 2022, a Return on Equity of 24.43%. Pekin Life Insurance Company is an Illinois-domiciled life insurance company that offers a wide range of life insurance products, including whole life, term life, and universal life insurance. The company has a strong focus on the middle market, offering products that are designed to meet the needs of this underserved market. Pekin Life Insurance Company is a subsidiary of Pekin Insurance Group, Inc., a leading provider of property and casualty insurance in Illinois.
– Pekin Life Insurance Co ($OTCPK:PKIN)
As of 2022, Hanwha Life Insurance Co Ltd has a market cap of 1.6T. The company is a leading life insurance company in South Korea that offers a wide range of products and services including annuities, life insurance, health insurance, and investment products. Hanwha Life has a strong focus on customer service and satisfaction, and is dedicated to providing its customers with the best possible experience.
Summary
Investors should take a closer look at LINCOLN NATIONAL, as the company has reported strong second quarter earnings for fiscal year 2023. Total revenue was down 42.5%, but net income rose 114.7%. LINCOLN NATIONAL’s cost saving measures, coupled with its strong and diverse portfolio, make it an attractive option for investors.
The company’s consistent financial performance and low debt levels could make it a great long-term hold. Investors should consider the potential volatility of the stock, however, as earnings are sensitive to market fluctuations and external factors.
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