Lincoln National Corp (LNC)

Over the past six months, LNC's stock price has been impacted by several events. LNC reported its Q3 2025 earnings, exceeding analysts' expectations, and UBS Group increased its price target with a "neutral" rating. A Seeking Alpha article highlighted an encouraging outlook, noting improved free cash flow and potential share repurchases, leading to a rating upgrade. Zacks Research downgraded Lincoln National to a "hold" rating. An insider transaction occurred with EVP John Christopher Kennedy selling shares. Morgan Stanley reissued an "overweight" rating, and Jefferies Financial Group raised its price target with a "buy" rating. TD Cowen reiterated a "hold" rating, and the next earnings report is expected on February 12, 2026.

No explicit seasonality in demand for Lincoln National Corp.'s products and services was identified. However, LIMRA anticipates continued strong demand for annuities, and Statista forecasts positive market growth for life insurance in North America through 2029, indicating a favorable environment for Lincoln National's products.

Lincoln National Corp., known as Lincoln Financial Group, is a U.S. financial services holding company operating through insurance and retirement subsidiaries, focusing on Life and Health Insurance within the Financials sector. The company's major products and services are categorized into four segments: Life Insurance offers term, universal, indexed universal, variable universal, and linked-benefit life insurance products, along with critical illness and long-term care riders. Annuities provides variable, fixed, and registered index-linked annuities. Group Protection includes group non-medical insurance products like disability, absence management, term life, dental, vision, accident, critical illness, and hospital indemnity benefits. Retirement Plan Services delivers retirement plan products and services, primarily in the defined contribution marketplace, offering annuities, mutual fund-based programs, plan recordkeeping, compliance testing, participant education, and trust and custodial services.

Lincoln National Corp. is headquartered in Radnor, Pennsylvania, and primarily serves individual and institutional clients across the United States. While its stock is listed on international exchanges, its core business operations and client base are concentrated within the U.S.

In the past year, Lincoln National Corp. has maintained a reputation for integrity and reliability, recognized for its integrity, forward thinking, and optimism. The company emphasizes its commitment to corporate responsibility since its founding in 1905. Despite challenges in the life insurance sector, the company reported strong performance in its group protection and annuities businesses in Q4 2024, indicating a generally positive operational standing, and no specific negative events significantly impacted its brand reputation.

Institutional investors hold a significant portion of Lincoln National Corp.'s stock, accounting for 72.81% of shares, while insider shareholders hold 0.54% of the company's stock.