Morgan Stanley Cuts Price Target for Lincoln National to $40.00

January 15, 2023

Categories: Intrinsic ValueTags: , , Views: 194

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Lincoln National Stock Fair Value – LINCOLN NATIONAL ($NYSE:LNC) is a leading provider of financial products, services, and solutions in the United States. The company operates through five segments: Annuities, Retirement Plan Services, Life Insurance, Group Protection, and Investment Management. It offers a variety of retirement planning options, including annuities, mutual funds, and life insurance policies. Analysts at Morgan Stanley recently cut their price target for Lincoln National in a Tuesday research note, setting it at $40.00. This comes after the company reported its fourth quarter earnings, which showed a decline in profits due to a number of factors. The analysts noted that the company’s weaker-than-expected performance is expected to continue in the near future. The analysts further added that while the company’s core annuities business appears to be doing well, the competitive environment has been challenging for the life insurance and group protection segments. They also pointed out that the company’s cost-cutting initiatives have so far failed to offset these challenges.

In addition, the analysts highlighted that the company’s recent efforts to expand into new markets have yet to yield results. They concluded that the company’s potential for long-term growth remains uncertain given the current market conditions. Overall, the analysts believe that Lincoln National’s stock is currently overvalued and has limited upside potential in the near future. As a result, investors should proceed with caution when considering buying or selling the stock.

Market Price

Thursday saw a significant drop in the stock price of Lincoln National Corporation (LINCOLN NATIONAL). The rationale behind this price target reduction is not yet clear, and investors are left to speculate as to the potential impact it may have on the stock. Many investors are concerned that this could be a sign of further drops in the stock price as the company continues to adjust to the current economic climate. It’s important to note that LINCOLN NATIONAL has seen success in other areas, such as its ability to maintain a strong balance sheet and generate consistent operating results. It has also been able to capitalize on its strong competitive position in the market and position itself as a leader in retirement savings products.

Despite these positive indicators, LINCOLN NATIONAL has been hit hard by the pandemic-induced market volatility. In light of this news, it’s important for investors to stay informed about any changes in the company’s stock price and to make sure they are diversified in their investments. Investors should also keep an eye out for any news related to the company’s future plans and performance, as this could have an impact on the stock price in the near future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Lincoln National. More…

    Total Revenues Net Income Net Margin
    19.15k -2.01k -7.8%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Lincoln National. More…

    Operations Investing Financing
    3.09k -3.57k 4.32k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • 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
    324.68k 322.47k 53.98
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • 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
    3.2% -11.8%
    FCF Margin ROE ROA
    16.1% -24.9% -0.4%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items


  • VI Analysis – Lincoln National Stock Fair Value Calculator

    LINCOLN NATIONAL Corporation is a financial services company that provides insurance, retirement and investment products. The company’s fundamentals are an important indicator of its long-term potential, and the VI Line app simplifies the analysis of such fundamentals. According to the app, LINCOLN NATIONAL’s intrinsic value is around $52.9, which is significantly higher than its current trading price of $31.5. This means that the stock is currently undervalued by 40%, making it an attractive opportunity for investors. As the company’s fundamentals are strong, investors can expect long-term growth and returns from LINCOLN NATIONAL. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • VI 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

    The analyst firm cited a competitive pricing environment and higher benefit reserves as the primary factors for their reduction in target price. Investors should take heed of this new development and evaluate the potential risks associated with their investment in LINCOLN National. Additionally, the company’s financials should be closely monitored to determine if any new trends have emerged that may influence the company’s future performance.

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