What is DOWLING & PARTN’s Estimate for LNC FY2026 Earnings?

Lincoln National Corporation (NYSE:LNC) – Equities researchers at DOWLING & PARTN upped their FY2026 earnings per share (EPS) estimates for shares of Lincoln National in a report released on Friday, July 31st. DOWLING & PARTN analyst J. Hurwitz now expects that the financial services provider will earn $8.25 per share for the year, up from their prior estimate of $7.90. The consensus estimate for Lincoln National’s current full-year earnings is $7.80 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.90 EPS and FY2028 earnings at $9.95 EPS.

Lincoln National (NYSE:LNC) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.28. Lincoln National had a net margin of 12.21% and a return on equity of 17.35%. The firm had revenue of $4.93 billion for the quarter, compared to analyst estimates of $4.89 billion. During the same quarter in the previous year, the firm posted $2.36 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis.

A number of other equities analysts have also recently issued reports on the company. TD Cowen increased their target price on Lincoln National from $37.00 to $42.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Bank of America reiterated a “neutral” rating and set a $47.00 price objective on shares of Lincoln National in a report on Thursday. UBS Group boosted their target price on Lincoln National from $39.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings downgraded Lincoln National from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, National Bank Financial set a $51.00 price target on shares of Lincoln National in a research note on Thursday, July 9th. Six investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $46.43.

Lincoln National Trading Up 1.0%

Shares of NYSE:LNC opened at $46.05 on Tuesday. The firm has a market cap of $8.80 billion, a price-to-earnings ratio of 3.99, a PEG ratio of 1.65 and a beta of 1.14. Lincoln National has a 12 month low of $32.18 and a 12 month high of $46.82. The company’s fifty day simple moving average is $38.43 and its 200 day simple moving average is $37.46. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.62.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Baird Financial Group Inc. bought a new position in Lincoln National during the first quarter worth about $241,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Lincoln National by 30.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,981 shares of the financial services provider’s stock worth $2,585,000 after purchasing an additional 16,991 shares during the period. Empowered Funds LLC raised its position in shares of Lincoln National by 316.9% in the first quarter. Empowered Funds LLC now owns 59,115 shares of the financial services provider’s stock valued at $2,123,000 after buying an additional 44,936 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Lincoln National by 5.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 623,322 shares of the financial services provider’s stock valued at $22,383,000 after buying an additional 29,421 shares during the period. Finally, Focus Partners Wealth grew its position in Lincoln National by 39.1% during the first quarter. Focus Partners Wealth now owns 19,530 shares of the financial services provider’s stock worth $701,000 after buying an additional 5,486 shares in the last quarter. 72.81% of the stock is owned by institutional investors.

Insider Transactions at Lincoln National

In other news, EVP Craigt T. Beazer sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $34.45, for a total value of $1,033,500.00. Following the completion of the sale, the executive vice president directly owned 103,906 shares of the company’s stock, valued at $3,579,561.70. This trade represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.03% of the company’s stock.

Lincoln National Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a dividend of $0.45 per share. The ex-dividend date was Friday, July 10th. This represents a $1.80 annualized dividend and a dividend yield of 3.9%. Lincoln National’s payout ratio is currently 15.60%.

About Lincoln National

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.