Lincoln National Corp. Stock Surges Wednesday, Outperforming Market
December 8, 2023
🌥️Trending News
Wednesday was a good day for Lincoln National ($NYSE:LNC) Corp. shareholders as their stock surged above the market, outperforming it. As one of the largest insurance and financial service companies in the United States, the company has consistently delivered strong returns for its shareholders over its long history. The company boasts a portfolio of products and services that meet the needs of individuals, families, and business owners. Their commitment to customer service and financial security has helped them become one of the most reliable suppliers of insurance and financial services in the industry. Investors have taken particular notice of the company’s strong balance sheet and sound risk management practices, which have enabled them to weather economic downturns.
The stock’s surge on Wednesday was likely fueled by investor optimism that Lincoln National will continue to deliver strong returns in the future. The company has consistently provided a steady dividend to shareholders, and their financial standing is expected to remain strong in the coming years. For any investor looking for reliable long-term returns, Lincoln National Corp. is sure to be an attractive option.
Price History
On Wednesday, shares of Lincoln National Corp. (Symbol: LIN) surged, outperforming the broader market. LIN opened at $24.2 and closed at $24.4, representing a 1.4% increase from its prior closing price of $24.0. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lincoln National. More…
| Total Revenues | Net Income | Net Margin |
| 15.14k | 418 | 3.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lincoln National. More…
| Operations | Investing | Financing |
| 1.42k | -11.65k | 8.34k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lincoln National. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 338.41k | 335.21k | 18.86 |
Key Ratios Snapshot
Some of the financial key ratios for Lincoln National are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.0% | – | 5.0% |
| FCF Margin | ROE | ROA |
| 9.4% | 10.5% | 0.1% |
Analysis
At GoodWhale, we have conducted an analysis on LINCOLN NATIONAL‘s fundamentals. According to our Star Chart which classifies companies into cows, dogs and horses, LINCOLN NATIONAL falls into the ‘cow’ category – a company which has a track record of paying out consistent and sustainable dividends. Therefore, this type of company would likely be attractive to dividend investors. Our assessment of LINCOLN NATIONAL’s intermediate health score was 5/10. While this is not the highest score, it does indicate that the company has the potential to pay off its debt and fund future operations. Specifically, LINCOLN NATIONAL is strong in dividend payouts, however it is weak in asset growth, profitability and overall financial strength. More…
Peers
Lincoln National Corp and its competitors, AMFI Corp, Pekin Life Insurance Co, and Hanwha Life Insurance Co Ltd, are all vying for a share of the life insurance market. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which one is right for them.
– AMFI Corp ($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
Lincoln National Corp. (LIN) saw its stock price rise Wednesday, outperforming the broader market. Analysts attribute the gains to the company’s improved financial performance, which was reflected in its latest quarterly report. The report showed robust revenue growth, improved operating margins, and higher net income.
In addition, Lincoln National recently announced cost-cutting initiatives that have lowered expenses and overall operating costs. Investors are also encouraged by the company’s strong balance sheet and solid dividend payout. With a strong outlook, investors may want to consider investing in LIN for the potential for long-term gains.
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