Lincoln National Corporation (LNC)

Lincoln National Statistics

Total Valuation

LNC has a market cap or net worth of $5.71 billion. The enterprise value is $7.16 billion.

Market Cap	5.71B
Enterprise Value	7.16B

Important Dates

The last earnings date was Thursday, October 31, 2024, before market open.

Earnings Date	Oct 31, 2024
Ex-Dividend Date	Oct 10, 2024

Share Statistics

LNC has 170.34 million shares outstanding. The number of shares has increased by 0.32% in one year.

Shares Outstanding	170.34M
Shares Change (YoY)	+0.32%
Shares Change (QoQ)	-1.23%
Owned by Insiders (%)	0.74%
Owned by Institutions (%)	76.45%
Float	168.76M

Valuation Ratios

The trailing PE ratio is 21.79 and the forward PE ratio is 4.53.

PE Ratio	21.79
Forward PE	4.53
PS Ratio	0.42
Forward PS	0.29
PB Ratio	0.71
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	27.35
EV / Sales	0.53
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 4.47, with a Debt / Equity ratio of 0.72.

Current Ratio	4.47
Quick Ratio	2.18
Debt / Equity	0.72
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-2.56

Financial Efficiency

Return on equity (ROE) is 5.78% and return on invested capital (ROIC) is -4.09%.

Return on Equity (ROE)	5.78%
Return on Assets (ROA)	-0.15%
Return on Capital (ROIC)	-4.09%
Revenue Per Employee	$1.23M
Profits Per Employee	$23,766
Employee Count	11,024
Asset Turnover	0.04
Inventory Turnover	n/a

Taxes

Income Tax	-45.00M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +53.97% in the last 52 weeks. The beta is 1.78, so LNC's price volatility has been higher than the market average.

Beta (5Y)	1.78
52-Week Price Change	+53.97%
50-Day Moving Average	31.67
200-Day Moving Average	30.18
Relative Strength Index (RSI)	56.81
Average Volume (20 Days)	1,408,782

Short Selling Information

The latest short interest is 3.44 million, so 2.02% of the outstanding shares have been sold short.

Short Interest	3.44M
Short Previous Month	3.89M
Short % of Shares Out	2.02%
Short % of Float	2.04%
Short Ratio (days to cover)	2.14

Income Statement

In the last 12 months, LNC had revenue of $13.55 billion and earned $262.00 million in profits. Earnings per share was $1.54.

Revenue	13.55B
Gross Profit	-807.00M
Operating Income	-855.00M
Pretax Income	2.51B
Net Income	262.00M
EBITDA	-856.50M
EBIT	-855.00M
Earnings Per Share (EPS)	$1.54

Balance Sheet

The company has $38.95 billion in cash and $6.48 billion in debt, giving a net cash position of -$469.00 million or -$2.75 per share.

Cash & Cash Equivalents	38.95B
Total Debt	6.48B
Net Cash	-469.00M
Net Cash Per Share	-$2.75
Equity (Book Value)	9.01B
Book Value Per Share	47.12
Working Capital	62.10B

Cash Flow

Operating Cash Flow	-4.10B
Capital Expenditures	n/a
Free Cash Flow	-4.10B
FCF Per Share	-$24.05

Margins

Gross margin is -5.96%, with operating and profit margins of -6.31% and 2.61%.

Gross Margin	-5.96%
Operating Margin	-6.31%
Pretax Margin	2.27%
Profit Margin	2.61%
EBITDA Margin	-6.32%
EBIT Margin	-6.31%
FCF Margin	-28.40%

Dividends & Yields

This stock pays an annual dividend of $1.80, which amounts to a dividend yield of 5.37%.

Dividend Per Share	$1.80
Dividend Yield	5.37%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	113.14%
Buyback Yield	-0.32%
Shareholder Yield	5.05%
Earnings Yield	4.59%
FCF Yield	-71.75%

Analyst Forecast

The average price target for LNC is $32.73, which is -2.36% lower than the current price. The consensus rating is "Hold".

Price Target	$32.73
Price Target Difference	-2.36%
Analyst Consensus	Hold
Analyst Count	11
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 22, 1999. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 22, 1999
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3